Dolphin Offshore Shipping Limited - Company Profile

It is a transport and logistics public limited company based in Mumbai, Maharashtra, India, established in 1990.

1990 Mumbai, Maharashtra, India Active

Last Updated: December 23, 2025

About Dolphin Offshore Shipping Limited

Dolphin Offshore Shipping Limited, a active public limited company, was established on 03 September 1990 in Mumbai, Maharashtra, India. Engaging in cargo services within the transport and storage sector, it holds CIN: U51900MH1990PLC057967. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹0.10 M.

Formerly known as Procyon Offshore Services Limited, Procyon Trading & Investments Private Limited. It upholds a compliant status. Employing 51 professional, Its leadership includes Dharen Shantilal Savla (Director), Rupeshbhai Kantilal Savla (Director), Parasbhai Shantilal Savla (Director). Past directors included Harisimran Singh Malhi, Kiran Chintamani Vaidya, Kedar Somnath Pande. It holds ₹262.86 Cr open charges and ₹370.47 Cr settled loans. Its latest AGM occurred on 18 August 2025, with the balance sheet filed on 31 March 2025. It is based at May Fair, A-11, Second Floor, New Fair Co-Operative Housing Society Ltd., 26, S.V. Road, Mumbai, Maharashtra, 400050.

Company Details

CIN/LLPIN
U51900MH1990PLC057967
Registration Number
057967
Incorporation Date
03 September 1990
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹0.10 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 23-12-2025
Paid Up Capital ₹ 0.10 M as on 23-12-2025
Company Age 35 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 262.86 Cr as on 23-12-2025
Satisfied Charges ₹ 370.47 Cr as on 23-12-2025
Revenue Growth **** 26.42% (FY 2018)
Profit Growth **** -276.13% (FY 2018)
Ebitda **** -68.56% (FY 2018)
Net Worth -8.27% (FY 2018)
Total Assets **** 15.19% (FY 2018)

Comprehensive Company Insights

Explore comprehensive insights into Dolphin Offshore Shipping Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Dolphin Offshore Shipping Limited?

Current Directors

Name	Designation	Appointment Date	Status
Dharen Shantilal Savla	Director	07 Nov 2024	Current
Rupeshbhai Kantilal Savla	Director	07 Nov 2024	Current
Parasbhai Shantilal Savla	Director	07 Nov 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Apr 2013	Past
Pramod Abcsdd	Additional Director	08 Aug 2019	Past
Pramod Abcsdd	Irp/Rp/Liquidator	11 Oct 2023	Past
Pramod Abcsdd	Director	09 Sep 2019	Past
Pramod Abcsdd	Director	01 Jul 2008	Past
Pramod Abcsdd	Additional Director	15 Jun 2007	Past

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Financial Performance of Dolphin Offshore Shipping.

Dolphin Offshore Shipping Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 26.42% increase. The company also saw a substantial fall in profitability, with a 276.13% decrease in profit. The company's net worth dipped by a decrease of 8.27%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

26.42%

*******

Revenue from Operations

*******

26.46%

*******

Total Assets

*******

15.19%

*******

Profit or Loss

*******

-276.13%

*******

Net Worth

*******

-8.27%

*******

EBITDA

*******

-68.56%

*******

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What is the Ownership and Shareholding Structure of Dolphin Offshore Shipping?

In 2018, Dolphin Offshore Shipping had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,628,600,000.00

Satisfied Charges

₹3,704,700,000.00

Charges Breakdown by Lending Institutions

Sbicap Trustee Company Limited : 254.36 Cr
State Bank Of India : 108.50 Cr
Bombay Mercantile Co-Operative Bank Ltd : 7.61 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Feb 2010	Sbicap Trustee Company Limited	₹254.36 Cr	Satisfied
29 May 2009	State Bank Of India	₹100.00 Cr	Satisfied
02 Mar 2009	State Bank Of India	₹8.50 Cr	Satisfied
05 Mar 2004	Bombay Mercantile Co-Operative Bank Ltd	₹3.60 Cr	Satisfied
05 Mar 2004	Bombay Mercantile Co-Operative Bank Ltd	₹1.25 Cr	Satisfied

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How Many Employees Work at Dolphin Offshore Shipping?

Dolphin Offshore Shipping has a workforce of 51 employees as of Apr 06, 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Dolphin Offshore Shipping, 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 Dolphin Offshore Shipping's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Dolphin Offshore Shipping

Recent Activity within the Organization

Annual General Meeting

Dolphin Offshore Shipping Limited last Annual general meeting of members was held on 18 Aug 2025 as per latest MCA records. was recorded as a recent event.
18 Aug 2025
Charges

Progress on A charge registered on 05 Feb 2010 via Charge ID 10204129 with Sbicap Trustee Company Limited was fully satisfied on 01 Apr 2025. was documented.
01 Apr 2025
Balance Sheet

Progress on Dolphin Offshore Shipping Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Charges

Progress on A charge registered on 02 Mar 2009 via Charge ID 10154464 with State Bank Of India was fully satisfied on 21 Feb 2025. was documented.
21 Feb 2025
Director Appointment

Dharen Shantilal Savla was appointed as a Director was appointed as a Director on 07 Nov 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.
07 Nov 2024
Director Appointment

The activity Rupeshbhai Kantilal Savla was appointed as a Director was appointed as a Director on 07 Nov 2024 & has been associated with this company since 1 year 3 months . was completed.
07 Nov 2024

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