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About Offshore Testing and Inspection Services (India) P Ltd
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Offshore Testing and Inspection Services (India) P Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 11 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH1994PTC082814. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Shaleen Vir Vikram Vaid and Shrividya Shaleen Vaid.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.86 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹28.02 Lakh (net margin -15%) and EBITDA of -₹6.26 Lakh (EBITDA margin -3.4%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website otislab.com.
Company details
Contact details
Offshore Testing and Inspection Services (India) P Ltd's registered office is in Mumbai, Maharashtra. Its website is otislab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGanesh Wadi. R/3 Opp. Shalimar Petrol Pump Near Basant Cinema Dr. C. G. Road Chem, Bur, Mumbai, Maharashtra, India – 400074
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Offshore Testing and Inspection Services (India) P Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Offshore Testing and Inspection Services (India) P is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Offshore Testing and Inspection Services (India) P Ltd, buy the company report.
Financials of Offshore Testing and Inspection Services (India) P Ltd
FY 2023 filings availableOffshore Testing and Inspection Services (India) P Ltd reported revenue of ₹1.86 Cr (down 10% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 10% fall in the latest year. EBITDA fell 82% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹1.86 Cr | ||||
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| EBITDA | -₹6.26 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹28.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.4% | ||||
| Net Profit Margin | -15% | ||||
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To see the full financial statements and ratios of Offshore Testing and Inspection Services (India) P Ltd, buy the company report.
Board of directors of Offshore Testing and Inspection Services (India) P Ltd
Offshore Testing and Inspection Services (India) P has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaleen Vir Vikram Vaid Also directs: Ohcs Projects India Private Limited | Director | 20 Dec 2012 | 13 Years 10 Months | Current |
| Shrividya Shaleen Vaid Also directs: Ohcs Projects India Private Limited | Director | 28 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Offshore Testing and Inspection Services (India) P Ltd is audited by G N SHANBHAG & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G N SHANBHAG & CO | FY 2018 | 109885W |
Shareholding
The shareholding of Offshore Testing and Inspection Services (India) P Ltd is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Offshore Testing and Inspection Services (India) P Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Offshore Testing and Inspection Services (India) P Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Offshore Testing and Inspection Services (India) P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Offshore Testing and Inspection Services (India) P Ltd has a workforce of 4 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Offshore Testing and Inspection Services (India) P has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Offshore Testing and Inspection Services (India) P Ltd, buy the company report.
Recent activity
Offshore Testing and Inspection Services (India) P Ltd has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Shrividya Shaleen Vaid ceased to be Additional Director on 28 Nov 2017.
Frequently asked questions
Offshore Testing and Inspection Services (India) P is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 11 November 1994 (32+ years old) and is registered under CIN U74990MH1994PTC082814.
Offshore Testing and Inspection Services (India) P has 2 current directors:
- Shaleen Vir Vikram Vaid - Director
- Shrividya Shaleen Vaid - Director
The latest financial statements of Offshore Testing and Inspection Services (India) P on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Offshore Testing and Inspection Services (India) P has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Offshore Testing and Inspection Services (India) P is U74990MH1994PTC082814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Offshore Testing and Inspection Services (India) P was incorporated on 11 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Shrividya Shaleen Vaid ceased to be Additional Director on 28 Nov 2017. Shrividya Shaleen Vaid was appointed as Director on 28 Feb 2017. Vir Vikram Sardarilal Vaid ceased to be Director on 28 Feb 2017. Offshore Testing and Inspection Services (India) P has 6 board changes on record in total.
Offshore Testing and Inspection Services (India) P can be reached through the website otislab.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Offshore Testing and Inspection Services (India) P is at Ganesh Wadi. R3 Opp. Shalimar Petrol Pump Near Basant Cinema Dr. C. G. Road Chem, Bur, Mumbai, Maharashtra, India – 400074.
Offshore Testing and Inspection Services (India) P operates in the travel and hospitality industry, in the consumer professional services segment.
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