Tag Offshore Limited

Offshore company providing support vessels and services to oil and gas, construction, and port industries.

2003 | Navi Mumbai, Maharashtra (India) | Under Liquidation
Last Updated: April 26, 2024

Tag Offshore Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.54 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 1,874.59 Cr
  • Satisfied Charges ₹ 464.40 Cr
  • Revenue Growth -34.34%
  • Profit Growth -603.88%
  • Ebitda -84.96%
  • Net Worth -24.21%
  • Total Assets -11.25%

About Tag Offshore

Tag Offshore Limited (TOL) is Under Liquidation company established on 21 Mar 2003 with its office registered at Navi Mumbai, Maharashtra, India and has been running since 21 Year, 11 Months with a paid up capital of 5.54 Cr. According to MCA records, 4 Directors are linked to this company as of 26 Apr 2024.

Company Details

  • Location

    Navi Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tagoffshore.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63090MH2003PLC139657

  • Company No.

    139657

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 2003

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Tag Offshore Limited offer?

Tag Offshore Limited offers a wide range of products and services, including Building & Real Estate Developers, Railway Line & Tunnel Construction.

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

Board Members (4)

NameDesignationAppointment DateStatus
Mamta Apparao Country flag representing In Director 03-Jul-2006Current
Godfrey Pimenta Country flag representing In Additional Director 24-Apr-2018Current
Shiben Kaul Country flag representing In Director Current
Shamik Apparao Country flag representing In Director 01-May-2005Current

Financial Performance of Tag Offshore.

Tag Offshore Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 34.34% decrease. The company also saw a substantial fall in profitability, with a 603.88% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.21%.

Graph illustrating revenue growth over time
Graph showing 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
-34.34%
Revenue from Operations
-34.76%
Total Assets
-11.25%
Profit or Loss
-603.88%
Net Worth
-24.21%
EBITDA
-84.96%

What is the Ownership and Shareholding Structure of Tag Offshore?

In 2018, Tag Offshore had a promoter holding of 3.49% and a public holding of 96.51%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,874.59 Cr

Satisfied Charges

₹464.40 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 753.59 Cr
  • Axis Bank Limited : 287.96 Cr
  • Bank Of Baroda : 174.44 Cr
  • United Bank Of India : 170.90 Cr
  • Ifci Limited : 100.00 Cr
  • Others : 387.71 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2018Axis Bank Limited₹10.00 CrOpen
06 Jan 2017Others₹62.62 CrOpen
07 Dec 2016Ifci Limited₹60.00 CrOpen
15 Nov 2016Others₹15.00 CrOpen
15 Nov 2016Others₹21.00 CrOpen

How Many Employees Work at Tag Offshore?

Tag Offshore has a workforce of 39 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tag 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 Tag 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 Tag Offshore

Recent activity within the organization

  • Annual General Meeting

    Tag Offshore Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Charges

    A charge with Others of Rs. 62.62 Cr registered on 06 Jan 2017 with Charge ID 100074240 was modified on 04 Sep 2018.

    04 Sep 2018

  • Director Appointment

    Godfrey William Pimenta was appointed as a Additional Director was appointed as a Additional Director on 24 Apr 2018 & has been associated with this company since 6 years 10 months .

    24 Apr 2018

  • Balance Sheet

    Tag Offshore Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100156885 was registered on 03 Feb 2018.

    03 Feb 2018

  • Charges

    A charge registered on 30 Oct 2014 via Charge ID 10528642 with Standard Chartered Bank was fully satisfied on 18 Jan 2017.

    18 Jan 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Tag Offshore Limited was incorporated on 21 Mar 2003.

  • The authorized share capital of Tag Offshore Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.54 Cr.

  • Currently 4 directors are associated with Tag Offshore Limited.

    • Mamta Kishor Apparao
    • Godfrey William Pimenta
    • Shiben Krishen Kaul
    • Shamik Kishor Apparao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tag Offshore Limited is Unit No.B 002-Gr. Flr Everest Nivara Infotech Park, Plot No. D-3 Ttc Industrial Area Turbhe Midc, Navi Mumbai, Maharashtra, India, 400705.

  • The corporate identification number (CIN) of Tag Offshore Limited is U63090MH2003PLC139657 and the company number is 139657 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tag Offshore Limited is https://www.tagoffshore.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Tag Offshore Limited has fallen by -34.34%.

  • As Per 2018 financial reports, 39 employees are currently employed by Tag Offshore Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Tag Offshore Limited has experienced an downturn of -24.21%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Tag Offshore Limited amount to ₹ 1,874.59 Cr.

  • The most recent Balance Sheet for Tag Offshore Limited was filed with the ROC on 31 Mar 2018.

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