Gol Offshore Limited

Offshore oil field service provider in India, offering support for exploration and production activities.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated:

Gol Offshore Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 78.87 Cr
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 6,654.83 Cr
  • Satisfied Charges ₹ 3,897.05 Cr
  • Revenue Growth -11.46%
  • Profit Growth -6432.99%
  • Ebitda -43.14%
  • Net Worth -66.26%
  • Total Assets -22.99%

About Gol Offshore

Gol Offshore Limited (GOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 July 2005 and has a history of 19 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Great Offshore Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2016. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 78.87 Cr.

The company currently has active open charges totaling ₹6,654.83 Cr. The company has closed loans amounting to ₹3,897.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gol Offshore Limited India is Prakashchandra Kapoor as CEO. Vinesh Davda, Ramnath Sharma, Vijay Kumar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    goloffshore.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L11200MH2005PLC154793

  • Company No.

    154793

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 2005

  • Date of AGM

    23 Sep 2015

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Gol Offshore Limited offer?

Gol Offshore Limited offers a wide range of products and services, including Architectural & Civil Engineering, Architectural Services, Repair & Maintenance Services, Industrial Repairing Service, Drilling, Boring & Mining Services, Drilling Job Work.

Who are the key members and board of directors at Gol Offshore?

Executive Team (1)

NameDesignationAppointment DateStatus
Prakashchandra Kapoor Country flag representing In CEO01-May-2015Current

Board Members (6)

NameDesignationAppointment DateStatus
Ramnath Sharma Country flag representing In Director 09-Apr-2009Current
Vinesh Davda Country flag representing In Director 30-May-2009Current
Vijay Kumar Country flag representing In Director 01-May-2010Current
Prakashchandra Kapoor Country flag representing In Director and Ceo 01-May-2010Current
Mamta Puri Country flag representing In Director 12-Feb-2015Current
Percy Doctor Country flag representing In Director 28-May-2015Current

Financial Performance of Gol Offshore.

Gol Offshore Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 11.46% decrease. The company also saw a substantial fall in profitability, with a 6432.99% decrease in profit. The company's net worth observed a substantial decline by a decrease of 66.26%.

Gol Offshore revenue growth over time
Gol Offshore profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-11.46%
Revenue from Operations
-12.47%
Total Assets
-22.99%
Profit or Loss
-6432.99%
Net Worth
-66.26%
EBITDA
-43.14%

What is the Ownership and Shareholding Structure of Gol Offshore?

In 2016, Gol Offshore had a promoter holding of 49.72% and a public holding of 50.28%. The company had 12 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6,654.83 Cr

Satisfied Charges

₹3,897.05 Cr

Charges Breakdown by Lending Institutions

  • Dvb Group Merchant Bank (Asia) Ltd : 2415.89 Cr
  • Others : 1120.06 Cr
  • Axis Bank Limited : 676.74 Cr
  • Dvb Group Merchant Bank (Asia) Ltd. : 622.10 Cr
  • Punjab National Bank : 352.20 Cr
  • Others : 1467.84 Cr

Latest Charge Details

DateLenderAmountStatus
29 Feb 2016Phoenix Arc Private Limited₹117.86 CrOpen
08 Jan 2016Idbi Bank Limited₹46.00 CrOpen
18 Dec 2015L & T Infrastructure Finance Company Limited₹4.75 CrOpen
06 Oct 2015L&T Infrastructure Finance Company Limited₹3.37 CrOpen
06 Oct 2015Others₹240.00 CrOpen

How Many Employees Work at Gol Offshore?

Unlock and access historical data on people associated with Gol Offshore, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Gol Offshore Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gol Offshore, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gol Offshore's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Gol Offshore

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 55.06 Cr registered on 28 Dec 2012 with Charge ID 10394532 was modified on 27 Mar 2023.

  • Charges

    A charge with Others of Rs. 240.00 Cr registered on 06 Oct 2015 with Charge ID 10614569 was modified on 28 Jul 2017.

  • Charges

    A charge with Others of Rs. 100.00 Cr registered on 29 Sep 2015 with Charge ID 10599851 was modified on 28 Jul 2017.

  • Charges

    A charge with Others of Rs. 100.00 Cr registered on 29 Sep 2015 with Charge ID 10599854 was modified on 28 Jul 2017.

  • Charges

    A charge with Others of Rs. 385.00 Cr registered on 12 Jan 2015 with Charge ID 10544141 was modified on 28 Jul 2017.

  • Charges

    A charge with Others of Rs. 240.00 Cr registered on 27 Jan 2012 with Charge ID 10337291 was modified on 28 Jul 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Gol Offshore Limited?

    Gol Offshore Limited was incorporated on 14 Jul 2005.

  • What is authorized share capital and paid-up capital of Gol Offshore Limited?

    The authorized share capital of Gol Offshore Limited is ₹ 200.00 Cr and paid-up capital is ₹ 78.87 Cr.

  • Who are the current board members & directors of Gol Offshore Limited?

    Currently 7 directors are associated with Gol Offshore Limited.

    • Vinesh Narandas Davda
    • Ramnath Sharma
    • Vijay Kumar
    • Prakashchandra Kapoor
    • Mamta Rohit Puri
    • Percy Adi Doctor
    • Prakashchandra Kapoor

  • What is the registered address of Gol Offshore Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gol Offshore Limited is Energy House 81 D.N. Road, India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of Gol Offshore Limited?

    The corporate identification number (CIN) of Gol Offshore Limited is L11200MH2005PLC154793 and the company number is 154793 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gol Offshore Limited?

    The Official website of Gol Offshore Limited is https://www.goloffshore.com

  • What has been the recent revenue trend for Gol Offshore Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Gol Offshore Limited has fallen by -11.46%.

  • What change has been observed in the net worth of Gol Offshore Limited, and by what percentage?

    The financial reports for the fiscal year 2016 indicates that The net worth of Gol Offshore Limited has experienced an downturn of -66.26%.

  • What are the total open charges for Gol Offshore Limited?

    As per the financial statements for fiscal Year 2016, The total open charges for Gol Offshore Limited amount to ₹ 6,654.83 Cr.

  • When was the last Balance Sheet of Gol Offshore Limited filed with the ROC?

    The most recent Balance Sheet for Gol Offshore Limited was filed with the ROC on 31 Mar 2016.

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