- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GJ-13-0004759

Swell Offshore Services Private Limited
About Swell Offshore Services Private Limited
Data last updated:
Swell Offshore Services Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the transportation and logistics segment of the transportation sector. It was incorporated on 30 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63040GJ2012PTC070971. Its GSTIN is 24AARCS6924P2ZG (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Pradip Panchu Charan Pal and Aparna Pradip Pal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Gandhidham, Gujarat.
As per the financials filed for FY 2019, the company reported a revenue of ₹12.97 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Lakh (net margin 13.6%) and EBITDA of ₹1.77 Lakh (EBITDA margin 13.7%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 28% over five years.
Swell Offshore Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0004759). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Swell Offshore Services
Contact details
Swell Offshore Services Private Limited's registered office is in Gandhidham, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.203 Plot No.20 2nd Floor Rishi Corner Sec, Tor 12/A, Gandhidham, Gujarat, India – 370201
- IndustryTransportation, Transportation Services
To see the full contact details of Swell Offshore Services 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 Swell Offshore Services is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Swell Offshore Services Private Limited, buy the company report.
Financials of Swell Offshore Services Private Limited
FY 2019 filings availableSwell Offshore Services Private Limited reported revenue of ₹12.97 Lakh (down 21% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 21% fall in the latest year. EBITDA rose 95% 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 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.76 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 13.6% | ||||
| 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 Swell Offshore Services Private Limited, buy the company report.
Board of directors of Swell Offshore Services Private Limited
Swell Offshore Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Panchu Charan Pal | Director | 30 Jun 2012 | 14 Years 4 Months | Current |
| Aparna Pradip Pal | Director | 30 Jun 2012 | 14 Years 4 Months | Current |
Peer comparison
Swell Offshore Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Beyrisch Auto Experts Private Limited | ₹13.03 Lakh (FY 2018) | -49.0% | Thiruvananthapuram, Kerala, India | |||
| Roadmech Analytics Private Limited | ₹13.02 Lakh (FY 2024) | -21.0% | Ghaziabad, Uttar Pradesh, India | |||
| Akshara Logistics Private Limited | ₹13 Lakh (FY 2022) | -91.0% | Mumbai, Maharashtra, India | |||
| Anilahir Logistics Private Limited | ₹12.98 Lakh (FY 2025) | -98.0% | Kachchh, Gujarat, India | |||
| Alveena Logistics Private Limited | ₹12.98 Lakh (FY 2025) | -45.0% | Kolkata, West Bengal, India | |||
| Swell Offshore Services Private Limitedthis company | ₹12.97 Lakh (FY 2019) | ₹1.76 Lakh | 13.6% | -21.0% | Gandhidham, Gujarat, India | |
| GCL Lines Private Limited | ₹12.86 Lakh (FY 2024) | -65.0% | Chennai, Tamil Nadu, India | |||
| Intime Vaishno Logistics Private Limited | ₹12.8 Lakh (FY 2017) | 5418.0% | Mumbai, Maharashtra, India | |||
| Mangalore Petro-Gas Shipping Agencies and Consultants Private Limited | ₹12.79 Lakh (FY 2019) | 32.0% | Mangalore, Karnataka, India | |||
| Shree Shankar Shipping Services Private Limited | ₹12.73 Lakh (FY 2023) | 11.0% | Tutiorin, Tamil Nadu, India | |||
| Vittoria Shipping and Logistics Private Limited | ₹12.72 Lakh (FY 2024) | -69.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Swell Offshore Services Private Limited, buy the company report.
Auditor
Swell Offshore Services Private Limited is audited by GIRISH AGARWAL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRISH AGARWAL & ASSOCIATES | FY 2016 | 132581W |
Shareholding
The shareholding of Swell Offshore Services Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Swell Offshore Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Swell Offshore Services 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 Swell Offshore Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swell Offshore Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCS6924P2ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swell Offshore Services Private Limited, buy the company report.
Recent activity
Swell Offshore Services Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Aparna Pradip Pal was appointed as Director on 30 Jun 2012.
Frequently asked questions
Swell Offshore Services is an active private limited company based in Gandhidham, Gujarat, India. The company works in transportation services, within the transportation industry. It was incorporated on 30 June 2012 (14+ years old) and is registered under CIN U63040GJ2012PTC070971.
Swell Offshore Services has 2 current directors:
- Pradip Panchu Charan Pal - Director
- Aparna Pradip Pal - Director
The latest financial statements of Swell Offshore Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Swell Offshore Services is 24AARCS6924P2ZG, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Swell Offshore Services is U63040GJ2012PTC070971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swell Offshore Services was incorporated on 30 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Swell Offshore Services by revenue are Beyrisch Auto Experts Private Limited, Roadmech Analytics Private Limited, Akshara Logistics Private Limited, Anilahir Logistics Private Limited, Alveena Logistics Private Limited and 5 more, all in the same principal business activity (services incidental to land, water & air transportation).
Aparna Pradip Pal was appointed as Director on 30 Jun 2012. Pradip Panchu Charan Pal was appointed as Director on 30 Jun 2012.
Yes, Swell Offshore Services is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-13-0004759).
The registered office of Swell Offshore Services is at Office No.203 Plot No.20 2nd Floor Rishi Corner Sec, Tor 12A, Gandhidham, Gujarat, India – 370201.
Swell Offshore Services operates in the transportation industry, in the transportation services segment.

