About Hal Offshore Limited
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Hal Offshore Limited is a public limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the engineering sector. It was incorporated on 17 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24298UP1996PLC222222. Its GSTIN is 09AAACH3144B1Z4 (Uttar Pradesh). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹11.2 Cr. It was formerly known as Himachal Alkalies Limited. It is led by directors including Vineet Saran Agrawal (Whole-Time Director) and Naveen Mohta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 32 Site – IV Industrial Area Sahibabad Ghaziabad Uttar Pradesh India201010, Sahibabad Ghaziabad Uttar Pradesh – 201010 India, Uttar Pradesh, India – 201010.
As per the financials filed for FY 2024, the company reported a revenue of ₹2,256.56 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹446.44 Cr (net margin 19.8%) and EBITDA of ₹690.79 Cr (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 18% over five years.
The company has about 349 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HAL Offshore. As per MCA filings, the company has open charges of ₹1,495.6 Cr and satisfied charges of ₹1,230.33 Cr on record. Court records list 79 cases involving the company, including 56 filed by the company and 23 filed against it; 18 cases are pending. The company has 22 deals on record (18 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹39.77 Cr; the latest was in March 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website haloffshore.in.
Company details
CIN history
Hal Offshore has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24298UP1996PLC222222, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24298UP1996PLC222222 | Current |
| U24298DL1996PLC083879 | Previous |
| U24298MH1996PLC393083 | Previous |
| U24298DL1996PLC375526 | Previous |
| U24298MH1996PLC310098 | Previous |
Contact details
Hal Offshore Limited's registered office is in Ghaziabad, Uttar Pradesh.
- Registered AddressA – 32 Site – IV Industrial Area Sahibabad Ghaziabad Uttar Pradesh India201010, Sahibabad Ghaziabad Uttar Pradesh – 201010 India, Uttar Pradesh, India – 201010
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
- 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
Brands
Hal Offshore operates one associated brand: HAL Offshore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offshore engineering, marine services, and project execution in the energy sector. | haloffshore.in |
Financials of Hal Offshore Limited
FY 2024 filings availableHal Offshore Limited reported revenue of ₹2,256.56 Cr (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 51% growth in the latest year. EBITDA rose 57% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹690.79 Cr | ||||
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| Net Profit (PAT) | ₹446.44 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 30.6% | ||||
| Net Profit Margin | 19.8% | ||||
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To see the full financial statements and ratios of Hal Offshore Limited, buy the company report.
Board of directors and KMP of Hal Offshore Limited
Hal Offshore Limited currently reports 4 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Mohta | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Vineet Saran Agrawal Also directs: Green City Infraspace (Nagpur) LLP, Hal N V LLP, Aarey Organic Industries Pvt.Ltd. and 3 more | Whole-Time Director | 13 Jan 2020 | 6 Years 9 Months | Current |
| Subrat Das | Cfo | 22 Feb 2016 | 10 Years 8 Months | Current |
| Krishan Kumar | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
| Neha Jain | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jan 2025 | 101036778 | Others | ₹200 Cr | Open | |
| 10 Feb 2023 | 100685184 | Others | ₹300 Cr | Open | |
| 18 Jan 2022 | 100532828 | Axis Bank Limited | ₹400 Cr | Open | |
| 31 Jan 2020 | 100326230 | Others | ₹60 Lakh | Open | |
| 01 Sep 2017 | 100124867 | Hdfc Bank Limited | ₹595 Cr | Open |
To see the full charge records of Hal Offshore Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Hal Offshore Limited has 22 deals on record (18 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹39.77 Cr; the latest was in March 2025.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Fortune Industrial Resources Limited Seller: Castle Rock Advisors Private Limited , K2 Infosolutions Private Limited |
| Sep 2024 | Secondary share transfer | Undisclosed | Seller: Moon Beverages Limited , Se Finvest Private Limited , Hindustan Aqua Private Limited |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Empire Fincap Private Limited Seller: Indian Probuild Private Limited , Indian Durobuild Private Limited |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: RPL Capital Finance Limited Seller: Rinkpi Finance & Consultants Pvt Ltd |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Castle Rock Advisors Private Limited , K2 Infosolutions Private Limited Seller: Se Finvest Private Limited , Castle Rock Advisors Private Limited |
To see the full deal history of Hal Offshore Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hal Offshore Limited has 79 court cases on record: 56 filed by Hal Offshore, 23 filed against it. 18 cases are pending and 61 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 40 | 12 | 7 |
| District courts | 35 | 10 | 8 |
| Supreme Court | 3 | 1 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Sale Proceeds of the Vessel Osv Beas Dolphin and 2 Ors Anoma Law Group LLP | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Bombay Tubes and Poles Infra LLP | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Bombay Tubes and Poles Infra LLP and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Bombay Tubes and Poles Infra LLP and 3 others | Disposed |
| District court, Gurugram, Haryana | Arbitration matter | Filed by the company against Brahma City Pvt Ltd and 2 others | Disposed |
To see the full case history of Hal Offshore Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hal Offshore Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hal Offshore has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACH3144B1Z4 | Uttar Pradesh | Active | 25 Mar 2023 |
| 07AAACH3144B1Z8 | Delhi | Active | 01 Jul 2017 |
| 18AAACH3144B1Z5 | Assam | Active | 01 Jul 2017 |
| 27AAACH3144B1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hal Offshore Limited, buy the company report.
Recent activity
Hal Offshore Limited has 8 board changes on record since 2016: 5 appointments and 3 cessations. The latest: Kamal Narayan Rathi ceased to be Whole-Time Director on 30 Sep 2024.
51 earlier events are in the company report.
Frequently asked questions
Hal Offshore is an active public limited company based in Ghaziabad, Uttar Pradesh, India. The company works in the engineering industry. It was incorporated on 17 December 1996 (30+ years old) and is registered under CIN U24298UP1996PLC222222.
Hal Offshore has 5 current directors and KMP:
- Vineet Saran Agrawal - Whole-Time Director
- Naveen Mohta - Director
- Krishan Kumar - Director
- Neha Jain - Director
- Subrat Das - Cfo
The latest financial statements of Hal Offshore on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hal Offshore is 09AAACH3144B1Z4, registered in Uttar Pradesh. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAACH3144B1Z8 (Delhi), 18AAACH3144B1Z5 (Assam), 27AAACH3144B1Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Hal Offshore is U24298UP1996PLC222222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hal Offshore has 79 court cases on record: 56 filed by the company and 23 filed against it. 18 are pending. Most are in the high courts.
Hal Offshore was incorporated on 17 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kanpur.
Hal Offshore has 22 deals on record (18 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹39.77 Cr; the latest was in March 2025.
Kamal Narayan Rathi ceased to be Whole-Time Director on 30 Sep 2024. Vijay Kumar Gupta ceased to be Director on 30 Sep 2024. Deepak Kumar Jha ceased to be Company Secretary on 07 Sep 2024. Hal Offshore has 8 board changes on record in total.
Hal Offshore can be reached through the website haloffshore.in. Its registered office is in Ghaziabad, Uttar Pradesh, India.