About Onshore Construction Company Private Limited
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Onshore Construction Company Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 17 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1995PTC091886. Its GSTIN is 27AAACO1040P1ZF (Maharashtra). The company holds 17 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹59.38 Cr. It is led by directors including Belle Seetharam Hariyanna Shetty (Managing Director) and Shijimon Kumaran Muruthonkunnel.
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 27 – 30 Indraprastha Industrial Estate Lbs Marg Vikhroli West, Mumbai, Maharashtra, India – 400083.
As per the financials filed for FY 2025, the company reported a revenue of ₹652.21 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹65.37 Cr (net margin 10%) and EBITDA of ₹98.48 Cr (EBITDA margin 15.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Onshore. As per MCA filings, the company has open charges of ₹490.6 Cr and satisfied charges of ₹252.08 Cr on record. Court records list 20 cases involving the company, including 6 filed by the company and 14 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹20.42 Cr; the latest was in March 2022. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 280 overdue payments to 14 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website onshoreconstruction.com.
Company details
Contact details
Onshore Construction Company Private Limited's registered office is in Mumbai, Maharashtra. Its website is onshoreconstruction.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address27 – 30 Indraprastha Industrial Estate Lbs Marg Vikhroli West, Mumbai, Maharashtra, India – 400083
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Onshore Construction Company 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
Brands
Onshore Construction Company operates one associated brand: Onshore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction services in piping, structural steel, and EPC contracts across multiple industries. | onshoreconstruction.com |
Business activity
The main business activity of Onshore Construction Company 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 Onshore Construction Company Private Limited, buy the company report.
Financials of Onshore Construction Company Private Limited
FY 2025 filings availableOnshore Construction Company Private Limited reported revenue of ₹652.21 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 17% fall in the latest year. EBITDA fell 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹98.48 Cr | ||||
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| Net Profit (PAT) | ₹65.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 10% | ||||
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To see the full financial statements and ratios of Onshore Construction Company Private Limited, buy the company report.
Board of directors of Onshore Construction Company Private Limited
Onshore Construction Company has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shijimon Kumaran Muruthonkunnel | Director | 16 Sep 2015 | 11 Years 1 Months | Current |
| Akshita Seetharam Shetty | Director | 12 Jan 2018 | 8 Years 9 Months | Current |
| Belle Seetharam Hariyanna Shetty Also directs: Onshore Pipping Systems LLP, Panametrics Engineering Private Limited, Sarang Movers & Infratech Private Limited and 4 more | Managing Director | 17 Aug 1995 | 31 Years 2 Months | Current |
| Amitesh Seetharam Shetty Also directs: Onshore Pipping Systems LLP, Panametrics Engineering Private Limited, Sarang Movers & Infratech Private Limited and 5 more | Director | 11 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Onshore Construction Company Private Limited is audited by Viraj B Gore & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Viraj B Gore & Associates | FY 2023 | 0137615W |
Shareholding
The shareholding of Onshore Construction Company 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Onshore Construction Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2025 | 101190224 | Others | ₹10.6 Cr | Open | |
| 29 May 2025 | 101113354 | Others | ₹90 Cr | Open | |
| 18 Nov 2024 | 101012984 | Others | ₹110 Cr | Open | |
| 03 Jan 2019 | 100234998 | Yes Bank Limited | ₹105 Cr | Open | |
| 26 Oct 2018 | 100213564 | Others | ₹175 Cr | Open |
To see the full charge records of Onshore Construction Company Private Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Onshore Construction Company Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹20.42 Cr; the latest was in March 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹20.42 Cr | Investors: Eternity Multi Trade Private Limited, 2 individuals |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Onshore Construction Company Private Limited has 20 court cases on record: 6 filed by Onshore Construction Company, 14 filed against it. 2 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 14 | 2 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Pending |
| District court, Raigad, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.A) | Filed against the company by individuals | Disposed |
| District court, Bharuch, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Bharuch, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Onshore Construction Company Private 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.
Credit ratings & regulatory alerts
Onshore Construction Company Private Limited was last rated by Icra on 31 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Dec 2021 |
To see the full credit ratings and regulatory alerts of Onshore Construction Company Private Limited, buy the company report.
MSME payment delays
Onshore Construction Company Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 280 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Onshore Construction Company Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Onshore Construction Company has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Panametrics Engineering Private Limited | U28920MH1991PTC061036 | |
| Onshore Engineering and Projects Private Limited | U45203MH2021PTC372610 |
To see the full group structure of Onshore Construction Company Private Limited, buy the company report.
GST
Onshore Construction Company has 17 GST registrations: 14 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO1040P1ZF | Maharashtra | Active | 01 Jul 2017 |
| 08AAACO1040P1ZF | Rajasthan | Active | 01 Jul 2017 |
| 09AAACO1040P1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
| 21AAACO1040P1ZR | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Onshore Construction Company Private Limited, buy the company report.
Recent activity
Onshore Construction Company Private Limited has 8 board changes on record since 1995: 4 appointments and 4 cessations. The latest: Amitesh Seetharam Shetty ceased to be Additional Director on 30 Sep 2019.
57 earlier events are in the company report.
Frequently asked questions
Onshore Construction Company is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 17 August 1995 (31+ years old) and is registered under CIN U45200MH1995PTC091886.
Onshore Construction Company has 4 current directors:
- Belle Seetharam Hariyanna Shetty - Managing Director
- Shijimon Kumaran Muruthonkunnel - Director
- Akshita Seetharam Shetty - Director
- Amitesh Seetharam Shetty - Director
The latest financial statements of Onshore Construction Company 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 Onshore Construction Company is 27AAACO1040P1ZF, registered in Maharashtra. The company has 17 GST registrations in all, of which 14 are active and 3 are cancelled or inactive. Other active GSTINs include 08AAACO1040P1ZF (Rajasthan), 09AAACO1040P1ZD (Uttar Pradesh), 21AAACO1040P1ZR (Odisha).
The CIN (Corporate Identification Number) of Onshore Construction Company is U45200MH1995PTC091886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Onshore Construction Company has 20 court cases on record: 6 filed by the company and 14 filed against it. 2 are pending. Most are in the district courts.
Onshore Construction Company was incorporated on 17 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Onshore Construction Company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹20.42 Cr; the latest was in March 2022.
Amitesh Seetharam Shetty ceased to be Additional Director on 30 Sep 2019. Amitesh Seetharam Shetty was appointed as Director on 11 Jan 2019. Vanitha Seetharam Shetty ceased to be Whole-Time Director on 08 Jan 2019. Onshore Construction Company has 8 board changes on record in total.
Onshore Construction Company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 280 overdue payments to 14 micro and small suppliers. The latest return was filed on 27 Apr 2022.
Onshore Construction Company can be reached through the website onshoreconstruction.com. Its registered office is in Mumbai, Maharashtra, India.