About Gol Offshore Limited
Data last updated:
Gol Offshore Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the oil and gas service contractors segment of the energy and power sector. It was incorporated on 14 July 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L11200MH2005PLC154793. The company has 2 GST registrations on record, none of which is active. It is a listed company.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹78.87 Cr. It was formerly known as Great Offshore Limited. It is led by directors Vijay Kumar and Prakashchandra Kapoor.
Its last annual general meeting (AGM) was held on 23 September 2015, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Energy House 81 D.N. Road, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2016, the company reported a revenue of ₹972.65 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹693.42 Cr (net margin -71.3%) and EBITDA of -₹132.54 Cr (EBITDA margin -13.6%).
The company has about 78 employees on its provident fund (EPFO) records. Its group structure includes 12 subsidiaries.
As per MCA filings, the company has open charges of ₹6,654.83 Cr and satisfied charges of ₹3,897.05 Cr on record. Court records list 294 cases involving the company, including 59 filed by the company and 187 filed against it; 42 cases are pending. The company has 38 deals on record (24 market trades, 11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹340.36 Cr; the latest was in August 2016. Its 5 peer companies in the Oil and Gas industry (Service Contractors) are compared by revenue, 5 smaller; the largest is Indianoil Adani Ventures Limited with revenue of ₹655.38 Cr.
The last known website on record is goloffshore.com.
CIN History of Gol Offshore Limited
Gol Offshore has one previous CIN (Corporate Identification Number): U11200MH2005PLC154793. The current CIN is L11200MH2005PLC154793, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L11200MH2005PLC154793 | Current |
| U11200MH2005PLC154793 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressEnergy House 81 D.N. Road, Mumbai, Maharashtra, India – 400001
- IndustryEnergy and Power, Oil & Gas Service Contractors
- 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
- One PDF report, delivered after checkout
Business Activity of Gol Offshore Limited
The main business activity of Gol Offshore is mining and quarrying. In detail, this covers mining support services activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B5 | Mining Support Services activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gol Offshore Limited FY 2016 filings available
Gol Offshore Limited reported revenue of ₹972.65 Cr (down 24% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Gol Offshore Limited
Revenue fell 24% in the latest year. EBITDA fell 129% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Gol Offshore Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹972.65 Cr | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹132.54 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹693.42 Cr | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Gol Offshore Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -13.6% | •••• |
| Net Profit Margin | -71.3% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gol Offshore are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Gol Offshore Limited
Gol Offshore has 2 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar | Director | 01 May 2010 | 16 Years 5 Months | As last reported |
| Prakashchandra Kapoor | Director | 01 May 2010 | 16 Years 5 Months | As last reported |
Peer Comparison of Gol Offshore Limited
Gol Offshore Limited is compared with the companies closest to it by revenue in the Oil and Gas industry (Service Contractors). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gol Offshore Limited this company | ₹972.65 Cr (FY 2016) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Indianoil Adani Ventures Limited | ₹655.38 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Ocs Services (India) Private Limited | ₹415.78 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Seros Energy Private Limited | ₹276.91 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Surat, Gujarat, India |
| Drillmec International Private Limited | ₹270.57 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Hyderabad, Telangana, India |
| Darwin Platform Refineries Limited | ₹256.81 Cr (FY 2023) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Gol Offshore by revenue in the Oil and Gas industry (Service Contractors), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gol Offshore Limited
Gol Offshore Limited is audited by MOTILAL & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MOTILAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Gol Offshore Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gol Offshore Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2016 | Phoenix Arc Private Limited | ₹117.86 Cr | Open |
| 08 Jan 2016 | Idbi Bank Limited | ₹46 Cr | Open |
| 18 Dec 2015 | L & T Infrastructure Finance Company Limited | ₹4.75 Cr | Open |
| 06 Oct 2015 | Others | ₹240 Cr | Open |
| 06 Oct 2015 | L&T Infrastructure Finance Company Limited | ₹3.37 Cr | Open |
Total charge records: 79 View all charges
Deals & Funding of Gol Offshore Limited
Gol Offshore Limited has 38 deals on record (24 market trades, 11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹340.36 Cr; the latest was in August 2016.
Deals on record (5 of 38)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Funding round | ₹182.39 Cr | Investors: L&T Infrastructure Finance Company Limited , Axis Bank Limited , Icici Bank Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Others GOL Offshore Limited Seller: Vince Trading and Investment Company Private Limited , an individual |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Others GOL Offshore Limited Seller: Iti Securities Broking Limited |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Iti Securities Broking Limited Seller: Others GOL Offshore Limited |
| Mar 2013 | Market trade | ₹2.1 Cr | Buyer: Iti Securities Broking Limited Seller: Carmona Investment & Finance Pvt. Ltd. |
Full deal history
All 38 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Gol Offshore Limited
Gol Offshore Limited has 294 court cases on record: 59 filed by Gol Offshore, 187 filed against it, 48 where it is another party. 42 cases are pending and 252 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 277 | 174 | 35 |
| District courts | 16 | 13 | 6 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 294)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against The New India Assurance Company Limited | Pending |
| Bombay High Court | Court case (APP) | Filed against the company by Phoenix Arc Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Phoenix Arc Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Sevenstar Security Services India Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Oil and Natural Gas Corporation Limited | Disposed |
Full case history
All 294 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Gol Offshore Limited
Employment history and EPFO contributions of people linked to Gol Offshore.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Gol Offshore Limited
Gol Offshore has 12 subsidiary companies and 2 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Dws Offshore Services Limited | U11100MH2015PLC265211 | Locked |
| Dws Offshore Services Limited | U11100MH2015PLC265211 | Locked |
| Dws Offshore Drilling Limited | U11100MH2015PLC265213 | Locked |
| Dws Offshore Drilling Limited | U11100MH2015PLC265213 | Locked |
| Gol Ship Repairs Limited | U35100MH2010PLC204018 | Locked |
| Gol Ship Repairs Limited | U35100MH2010PLC204018 | Locked |
Showing major subsidiaries. Total: 12.
Recent Activity on Gol Offshore Limited
Gol Offshore Limited has 52 board changes on record since 2005: 27 appointments and 25 cessations. The latest: Varika Rastogi ceased to be Company Secretary on 23 Mar 2018.
198 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gol Offshore Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gol Offshore Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gol Offshore Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gol Offshore Limited
Gol Offshore has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gol Offshore Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gol Offshore Limited
Gol Offshore is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Gol Offshore is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in oil and gas service contractors, within the energy and power industry. It was incorporated on 14 July 2005 and is registered under CIN L11200MH2005PLC154793. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gol Offshore reported revenue of ₹972.65 Cr for FY 2016 (down 24% YoY).
Gol Offshore has 2 current directors:
- Vijay Kumar - Director
- Prakashchandra Kapoor - Director
Gol Offshore reported a net loss of ₹693.42 Cr (net margin -71.3%) and EBITDA of -₹132.54 Cr (EBITDA margin -13.6%) for FY 2016, as per its filed financial statements.
The CIN (Corporate Identification Number) of Gol Offshore is L11200MH2005PLC154793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Gol Offshore is a listed company.
Gol Offshore has open charges of ₹6,654.83 Cr and satisfied charges of ₹3,897.05 Cr as per latest MCA filings.
Gol Offshore has 294 court cases on record: 59 filed by the company and 187 filed against it. 42 are pending. Most are in the high courts.
Gol Offshore was incorporated on 14 July 2005. It is registered with the Registrar of Companies, Mumbai.
Gol Offshore has 38 deals on record (24 market trades, 11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹340.36 Cr; the latest was in August 2016.