MP Offshore Private Limited

MP Offshore Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U61100MH2008PTC178006 Incorporated 19 January 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics MSME · Small
Data last updated
Revenue · FY 2025
₹12.22 Cr
▼ 38% YoY
Net loss · FY 2025
₹7.49 Cr
Net margin -61.3%
EBITDA · FY 2025
-₹3.94 Cr
EBITDA margin -32.3%
Authorised capital
₹17.5 Cr
Registered with MCA
Paid-up capital
₹2.94 Cr
Issued & subscribed
Open charges
₹10 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings

About MP Offshore Private Limited

Data last updated:

MP Offshore Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of M Pallonji And Company Private Limited. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 19 January 2008 and has been in existence for over 18 years.

Its director Pheroze K Mistry is #551 among India's richest people (2026). Its director Mehli K Mistry is #551 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH2008PTC178006. Its GSTIN is 27AAFCM3697K1ZV (Maharashtra).

The company has an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹2.94 Cr. It was formerly known as M.Pallonji Ventures Private Limited and M. Pallonji Prince Dredging Private Limited. It is led by directors Pheroze Kersasp Mistry and Mehli Kersasp Mistry.

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 46/A Cawasji Patel Street Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2025, the company reported a revenue of ₹12.22 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹7.49 Cr (net margin -61.3%) and EBITDA of -₹3.94 Cr (EBITDA margin -32.3%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 13% over five years.

As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.

MP Offshore Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0002270). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mpallonjigroup.com.

Company details

CIN U61100MH2008PTC178006
Registration Number 178006
Incorporation Date 19 January 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company M Pallonji And Company Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0002270

Name history

MP Offshore has undergone 2 name changes throughout its history. The company was previously known as M.Pallonji Ventures Private Limited, and M. Pallonji Prince Dredging Private Limited. The current legal name is Mp Offshore Private Limited.

Company NameStatus
MP Offshore Private LimitedCurrent
M.Pallonji Ventures Private LimitedPrevious
M. Pallonji Prince Dredging Private LimitedPrevious

CIN history

MP Offshore has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U61100MH2008PTC178006, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U61100MH2008PTC178006Current
U45204MH2008PTC178006Previous
U51900MH2008PTC178006Previous
Key People
Pheroze Kersasp Mistry Director Mehli Kersasp Mistry Director

Recognitions & Rankings of MP Offshore

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0002270

Contact details

MP Offshore Private Limited's registered office is in Mumbai, Maharashtra. Its website is mpallonjigroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mpallonjigroup.com
  • Registered Address
    46/A Cawasji Patel Street Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Transport and Logistics, Shipping & Maritime Services

To see the full contact details of MP Offshore Private Limited, buy the company report.

Comprehensive company report
MP Offshore Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of MP Offshore is transport and storage. In detail, this covers water transport.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH3Water transport

To see the full business activity and turnover split of MP Offshore Private Limited, buy the company report.

Financials of MP Offshore Private Limited

FY 2025 filings available

MP Offshore Private Limited reported revenue of ₹12.22 Cr (down 38% YoY) for FY 2025.

Revenue · FY 2025
₹12.22 Cr ▼ 38%
Net loss · FY 2025
₹7.49 Cr margin -61.3%
EBITDA · FY 2025
-₹3.94 Cr margin -32.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▼ 32%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 515%
3 years · compounded
▼ 33%
5 years · compounded
▼ 19%

Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 38% fall in the latest year. EBITDA fell 515% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3.94 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.49 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-32.3%
Net Profit Margin-61.3%
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

To see the full financial statements and ratios of MP Offshore Private Limited, buy the company report.

Board of directors of MP Offshore Private Limited

MP Offshore has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pheroze Kersasp Mistry
Also directs: Travotel (India) LLP, M Pallonji and Company Private Limited, M Pallonji Investment Advisors Private Limited and 5 more
Director19 Jan 200818 Years 9 MonthsCurrent
Mehli Kersasp Mistry
Also directs: Travotel (India) LLP, M Pallonji and Company Private Limited, M Pallonji Investment Advisors Private Limited and 5 more
Director19 Jan 200818 Years 9 MonthsCurrent
View all directors

Auditor

MP Offshore Private Limited is audited by SARA & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
SARA & ASSOCIATESFY 2022120927W

Shareholding

The shareholding of MP Offshore Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of MP Offshore Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Oct 2022100622293Hdfc Bank Limited₹10 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for MP Offshore Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

MP Offshore has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCM3697K1ZVMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of MP Offshore Private Limited, buy the company report.

Recent activity

MP Offshore Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Hashim Abdul Razak ceased to be Director on 09 Mar 2009.

AGM
Mp Offshore Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mp Offshore Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100622293 was registered on 04 Oct 2022.
Ceased
Hashim Abdul Razak ceased to be Director.
Appointed
Mehli Kersasp Mistry was appointed as Director.
Appointed
Pheroze Kersasp Mistry was appointed as Director.
Incorporation
19 Jan 2008
Mp Offshore Private Limited was registered on 19 Jan 2008 with Roc Mumbai & aged 18 years 9 months as per MCA records.

News

Frequently asked questions

MP Offshore is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 19 January 2008 (18+ years old) and is registered under CIN U61100MH2008PTC178006.

MP Offshore has 2 current directors:

The latest financial statements of MP 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 2015 are in the company report.

The GSTIN of MP Offshore is 27AAFCM3697K1ZV, registered in Maharashtra.

The CIN (Corporate Identification Number) of MP Offshore is U61100MH2008PTC178006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

MP Offshore has 2 court cases on record: 2 filed by the company.

MP Offshore was incorporated on 19 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

Hashim Abdul Razak ceased to be Director on 09 Mar 2009. Mehli Kersasp Mistry was appointed as Director on 19 Jan 2008. Pheroze Kersasp Mistry was appointed as Director on 19 Jan 2008.

Yes, MP Offshore is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0002270).

MP Offshore can be reached through the website mpallonjigroup.com. Its registered office is in Mumbai, Maharashtra, India.