About H&R Offshore Private Limited
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H&R Offshore Private Limited is a private limited company based in Panvel, Maharashtra, India, a subsidiary of Pelagia Marine Services Private Limited. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 14 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC298569. Its GSTIN is 27AAECH2810G1ZX (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.11 Cr. It is led by directors Kaushal Pal Singh and Rakesh Kumar Pandey.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Panvel, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.51 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹39.84 Lakh (net margin -54.9%) and EBITDA of ₹59.07 Lakh (EBITDA margin 81.5%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pelagiamarine.com.
Company details
Contact details
H&R Offshore Private Limited's registered office is in Panvel, Maharashtra. Its website is pelagiamarine.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address409/410 Zion Plot No. 273, Sector – 10 Kharghar Navi Mumbai, Panvel, Maharashtra, India – 410210
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of H&R Offshore Private Limited, 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 H&R Offshore is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of H&R Offshore Private Limited, buy the company report.
Financials of H&R Offshore Private Limited
FY 2025 filings availableH&R Offshore Private Limited reported revenue of ₹72.51 Lakh (down 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 77% fall in the latest year. EBITDA fell 35% 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 | ₹59.07 Lakh | ||||
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| Net Profit (PAT) | -₹39.84 Lakh | ||||
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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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| EBITDA Margin | 81.5% | ||||
| Net Profit Margin | -54.9% | ||||
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To see the full financial statements and ratios of H&R Offshore Private Limited, buy the company report.
Board of directors of H&R Offshore Private Limited
H&R Offshore has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushal Pal Singh | Director | 14 Aug 2017 | 9 Years 2 Months | Current |
| Rakesh Kumar Pandey | Director | 14 Aug 2017 | 9 Years 2 Months | Current |
Auditor
H&R Offshore Private Limited is audited by K U S & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K U S & ASSOCIATES | FY 2021 | 131065W |
Shareholding
The shareholding of H&R Offshore Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of H&R Offshore Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving H&R Offshore Private Limited 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 H&R Offshore Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
H&R Offshore has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH2810G1ZX | Maharashtra | Active | 14 Aug 2017 |
To see the full GST registrations and return filing status of H&R Offshore Private Limited, buy the company report.
Recent activity
H&R Offshore Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Chiranjiv Mandilwar ceased to be Director on 31 Jul 2021.
Frequently asked questions
H&R Offshore is an active private limited company based in Panvel, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 14 August 2017 (9+ years old) and is registered under CIN U74999MH2017PTC298569.
H&R Offshore has 2 current directors:
- Kaushal Pal Singh - Director
- Rakesh Kumar Pandey - Director
The latest financial statements of H&R Offshore on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of H&R Offshore is 27AAECH2810G1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of H&R Offshore is U74999MH2017PTC298569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H&R Offshore was incorporated on 14 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Chiranjiv Mandilwar ceased to be Director on 31 Jul 2021. Kaushal Pal Singh was appointed as Director on 14 Aug 2017. Rakesh Kumar Pandey was appointed as Director on 14 Aug 2017.
H&R Offshore can be reached through the website pelagiamarine.com. Its registered office is in Panvel, Maharashtra, India.
The registered office of H&R Offshore is at 409410 Zion Plot No. 273, Sector – 10 Kharghar Navi Mumbai, Panvel, Maharashtra, India – 410210.
H&R Offshore operates in the transport and logistics industry, in the shipping and maritime services segment.
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