Rmol Engineering and Offshore Limited
About Rmol Engineering and Offshore Limited
Data last updated:
Rmol Engineering and Offshore Limited is a public limited company based in Amreli, Gujarat, India, a subsidiary of Reliance Naval And Engineering Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 04 June 2012.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35100GJ2012PLC070568.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Pipavav Marine and Offshore Limited and Reliance Marine and Offshore Limited. It is led by directors including Nikhil Nirmal Jain and Rachakonda Venkata Ramana.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Survey No. 658 Village Rampara – II Taluka Rajula And Village Lunsapur Taluka Jafrabad, Amreli, Gujarat, India – 365560.
As per the financials filed for FY 2019, the company reported a revenue of ₹61.97 Cr. For the same year it recorded a net loss of ₹145.97 Cr (net margin -235.5%) and EBITDA of -₹132.07 Cr (EBITDA margin -213.1%).
Court records list 17 cases involving the company, including 14 filed by the company and 3 filed against it; 5 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in February 2013. Its 10 peer companies in the Shipping industry (Shipping Services) are compared by revenue, 5 larger and 5 smaller; the largest is Yojaka (India) Private Limited with revenue of ₹64.43 Cr.
Company details
Name history
Rmol Engineering and Offshore has undergone 2 name changes throughout its history. The company was previously known as Pipavav Marine And Offshore Limited, and Reliance Marine And Offshore Limited. The current legal name is Rmol Engineering And Offshore Limited.
| Company Name | Status |
|---|---|
| Rmol Engineering and Offshore Limited | Current |
| Pipavav Marine And Offshore Limited | Previous |
| Reliance Marine And Offshore Limited | Previous |
Contact details
Rmol Engineering and Offshore Limited's registered office is in Amreli, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressSurvey No. 658 Village Rampara – II Taluka Rajula And Village Lunsapur Taluka Jafrabad, Amreli, Gujarat, India – 365560
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Rmol Engineering and 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
Financials of Rmol Engineering and Offshore Limited
FY 2019 filings availableRmol Engineering and Offshore Limited reported revenue of ₹61.97 Cr for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹61.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹132.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹145.97 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -213.1% | ||||
| Net Profit Margin | -235.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Rmol Engineering and Offshore Limited, buy the company report.
Board of directors of Rmol Engineering and Offshore Limited
Rmol Engineering and Offshore has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Nirmal Jain Also directs: Risee Apex Private Limited, Risee Enterprises Private Limited, JGN Energies Private Limited and 5 more | Director | 29 Jul 2017 | 9 Years 2 Months | As last reported |
| Rachakonda Venkata Ramana Also directs: Firstship Exim Solutions LLP, Reliance Pure EV Private Limited, Neom Smart Technology Private Limited and 5 more | Director | 18 Jan 2016 | 10 Years 9 Months | As last reported |
| Madan Gopal Pendse Also directs: Aipl Vista Private Limited, Das Offshore Limited, Netizen Talent Management (Karnataka) Private Limited and 5 more | Additional Director | 11 Dec 2019 | 6 Years 10 Months | As last reported |
Peer comparison
Rmol Engineering and Offshore Limited is compared with the 10 companies closest to it by revenue in the Shipping industry (Shipping Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yojaka (India) Private Limited | ₹64.43 Cr (FY 2024) | -17.0% | Mangalore, Karnataka, India | |||
| Abhyansh Shipping Services (India) Private Limited | ₹64.37 Cr (FY 2025) | 1.0% | Navi Mumbai, Maharashtra, India | |||
| Gaslite Shipping Private Limited | ₹63.2 Cr (FY 2025) | -38.0% | Mumbai, Maharashtra, India | |||
| Optimum Freight Solutions Private Limited | ₹62.23 Cr (FY 2024) | 23.0% | Thane, Maharashtra, India | |||
| Shewratan Company Private Limited | ₹62.06 Cr (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Rmol Engineering and Offshore Limitedthis company | ₹61.97 Cr (FY 2019) | -₹145.97 Cr | -235.5% | Amreli, Gujarat, India | ||
| Adci Offshore Private Limited | ₹61.87 Cr (FY 2024) | 799.0% | Mumbai, Maharashtra, India | |||
| Grispo Clambi Shipping Services Private Limited | ₹61.24 Cr (FY 2025) | 385.0% | Mumbai, Maharashtra, India | |||
| Bombay Launch Service Private Limited | ₹60.42 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| S S Offshore Private Limited | ₹60.22 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Glory Shipmanagement Private Limited | ₹60.08 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Rmol Engineering and Offshore Limited, buy the company report.
Auditor
Rmol Engineering and Offshore Limited is audited by M S SETHI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S SETHI & ASSOCIATES | FY 2019 | 109407W |
Shareholding
The shareholding of Rmol Engineering and Offshore Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rmol Engineering and Offshore Limited, buy the company report.
Deals & funding
Rmol Engineering and Offshore Limited has 1 deal on record (1 acquisition); the latest was in February 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2013 | Acquisition | Undisclosed | Buyer: Swan Defence and Heavy Industries Limited Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rmol Engineering and Offshore Limited has 17 court cases on record: 14 filed by Rmol Engineering and Offshore, 3 filed against it. 5 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 10 | 0 | 0 |
| NCLAT | 5 | 1 | 4 |
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Winsome Realty Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Winsome Realty Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by M/S Ifcl Limited | Pending |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Avocado Realty Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Slimline Realty Private Limited | Disposed |
To see the full case history of Rmol Engineering and 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 Rmol Engineering and Offshore Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Rmol Engineering and Offshore Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rmol Engineering and Offshore Limited has 16 board changes on record since 2014: 3 appointments and 13 cessations. The latest: Madan Gopal Pendse was appointed as Additional Director on 11 Dec 2019.
7 earlier events are in the company report.
Frequently asked questions
Rmol Engineering and Offshore is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Rmol Engineering and Offshore is a company under liquidation, formerly operating as a public limited company based in Amreli, Gujarat, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 04 June 2012 and is registered under CIN U35100GJ2012PLC070568. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rmol Engineering and Offshore has 3 current directors:
- Nikhil Nirmal Jain - Director
- Rachakonda Venkata Ramana - Director
- Madan Gopal Pendse - Additional Director
The latest financial statements of Rmol Engineering and Offshore on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rmol Engineering and Offshore is U35100GJ2012PLC070568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rmol Engineering and Offshore has 17 court cases on record: 14 filed by the company and 3 filed against it. 5 are pending. Most are in the nclt.
Rmol Engineering and Offshore was incorporated on 04 June 2012. It is registered with the Registrar of Companies, Ahmedabad.
Rmol Engineering and Offshore has 1 deal on record (1 acquisition); the latest was in February 2013.
The peers of Rmol Engineering and Offshore by revenue are Yojaka (India) Private Limited, Abhyansh Shipping Services (India) Private Limited, Gaslite Shipping Private Limited, Optimum Freight Solutions Private Limited, Shewratan Company Private Limited and 5 more, all in the Shipping industry (Shipping Services).
Madan Gopal Pendse was appointed as Additional Director on 11 Dec 2019. Siba Kumar Patnaik ceased to be Director on 11 Dec 2019. Ajit Dinkar Dabholkar ceased to be Additional Director on 30 Sep 2017. Rmol Engineering and Offshore has 16 board changes on record in total.
The registered office of Rmol Engineering and Offshore is at Survey No. 658 Village Rampara – II Taluka Rajula And Village Lunsapur Taluka Jafrabad, Amreli, Gujarat, India – 365560.