About Kapasi Offshore Limited
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Kapasi Offshore Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the oil and gas infrastructure services segment of the energy and power sector. It was incorporated on 17 May 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1990PLC056563. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.56 Lakh. It was formerly known as Kapasi Offshore Private Limited. It is led by directors including Hemanti Vinod Kapasi and Kaushal Vinodray Kapasi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 601 – Praneeta Chs. Ltd. Plot No – 30 Rsc – 1 Gorai – 1 Borivali(West), Mumbai, Maharashtra, India – 400091.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.35 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹9.96 Lakh and EBITDA of -₹9.76 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 48% over three years.
As per MCA filings, the company has open charges of ₹12.89 Cr on record. Court records list 19 cases involving the company, including 4 filed by the company and 15 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website kapasioffshore.com.
Company details
CIN history
Kapasi Offshore has one previous CIN (Corporate Identification Number): U11200MH1990PTC056563. The current CIN is U99999MH1990PLC056563, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1990PLC056563 | Current |
| U11200MH1990PTC056563 | Previous |
Contact details
Kapasi Offshore Limited's registered office is in Mumbai, Maharashtra. Its website is kapasioffshore.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address601 – Praneeta Chs. Ltd. Plot No – 30 Rsc – 1 Gorai – 1 Borivali(West), Mumbai, Maharashtra, India – 400091
- IndustryEnergy and Power, Oil & Gas Infrastructure Services
To see the full contact details of Kapasi Offshore 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 Kapasi Offshore is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Kapasi Offshore Limited, buy the company report.
Financials of Kapasi Offshore Limited
FY 2018 filings availableKapasi Offshore Limited reported revenue of ₹1.35 Lakh (down 60% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over three years, including a 60% fall in the latest year. EBITDA rose 51% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.35 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹9.76 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹9.96 Lakh | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 | ||||
To see the full financial statements and ratios of Kapasi Offshore Limited, buy the company report.
Board of directors of Kapasi Offshore Limited
Kapasi Offshore has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemanti Vinod Kapasi Also directs: Kapasi Builders Private Limited | Director | 17 Feb 1993 | 33 Years 8 Months | Current |
| Kaushal Vinodray Kapasi | Director | 12 Oct 1993 | 33 Years 1 Months | Current |
| Rajesh Jayantilal Kapasi Also directs: Kapasi Builders Private Limited | Director | 18 Feb 1992 | 34 Years 8 Months | Current |
| Laxman Shripati Gaikwad | Director | 17 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Kapasi Offshore Limited is audited by SUNIL VANKAWALA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL VANKAWALA & ASSOCIATES | FY 2018 | 033461 |
Shareholding
The shareholding of Kapasi Offshore Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kapasi Offshore Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 1993 | 90349728 | Punjab National Bank | ₹5.09 Cr | Open | |
| 24 May 1993 | 90349726 | Punjab National Bank | ₹7.4 Cr | Open | |
| 06 Jan 1992 | 90349696 | Punjab National Bank | ₹40 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Kapasi Offshore Limited has 19 court cases on record: 4 filed by Kapasi Offshore, 15 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 7 | 0 |
| District courts | 7 | 7 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Filed against the company by Asian Oilfield Services Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Asian Oil Field Services Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Shri P.K. Gaichor Dy.Registrar of Companies | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Dy. Registrar of Companies,Ministry of Corporate A | Disposed |
To see the full case history of Kapasi 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 Kapasi Offshore Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kapasi Offshore 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 Kapasi Offshore Limited, buy the company report.
Recent activity
Kapasi Offshore Limited has 7 board changes on record since 1992: 4 appointments and 3 cessations. The latest: Hemanti Vinod Kapasi ceased to be Director on 31 Aug 2021.
1 earlier event is in the company report.
Frequently asked questions
Kapasi Offshore is an active public limited company based in Mumbai, Maharashtra, India. The company works in oil and gas infrastructure services, within the energy and power industry. It was incorporated on 17 May 1990 (36+ years old) and is registered under CIN U99999MH1990PLC056563.
Kapasi Offshore has 4 current directors:
- Hemanti Vinod Kapasi - Director
- Kaushal Vinodray Kapasi - Director
- Rajesh Jayantilal Kapasi - Director
- Laxman Shripati Gaikwad - Director
The latest financial statements of Kapasi Offshore on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Kapasi Offshore has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kapasi Offshore is U99999MH1990PLC056563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kapasi Offshore has 19 court cases on record: 4 filed by the company and 15 filed against it. Most are in the high courts.
Kapasi Offshore was incorporated on 17 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemanti Vinod Kapasi ceased to be Director on 31 Aug 2021. Saroj Jyotindra Kapasi ceased to be Director on 06 Jul 2021. Vinod Jayantilal Kapasi ceased to be Director on 06 Dec 2018. Kapasi Offshore has 7 board changes on record in total.
Kapasi Offshore can be reached through the website kapasioffshore.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kapasi Offshore is at 601 – Praneeta Chs. Ltd. Plot No – 30 Rsc – 1 Gorai – 1 BorivaliWest, Mumbai, Maharashtra, India – 400091.
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