About Swiber Offshore ( India) Private Limited
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Swiber Offshore ( India) Private Limited was a foreign private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 10 July 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63012MH2007FTC172214. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.51 Cr. It was led by directors Ee Chiew Ling and Abshalome Joel Reuben.
Its last annual general meeting (AGM) was held on 08 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Unit No.3 & 4A The Centrium Phoenix Market City L.B.S Marg Kurla (West), Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2015, the company reported a revenue of ₹18.39 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹4.93 Cr (net margin -26.8%) and EBITDA of -₹7.22 Cr (EBITDA margin -39.3%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
The company was associated with 1 brand: Swiber. Court records list 101 cases involving the company, including 2 filed by the company and 99 filed against it; 10 cases are pending.
The last known website on record is swiber.com.
Company details
Contact details
Swiber Offshore ( India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is swiber.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.3 & 4A The Centrium Phoenix Market City L.B.S Marg Kurla (West), Mumbai, Maharashtra, India – 400070
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Swiber Offshore ( India) 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
Swiber Offshore ( India) operates one associated brand: Swiber. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering, procurement, and construction services are provided. | swiber.com |
Financials of Swiber Offshore ( India) Private Limited
FY 2015 filings availableSwiber Offshore ( India) Private Limited reported revenue of ₹18.39 Cr (down 79% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over three years, including a 79% fall 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹18.39 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹7.22 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹4.93 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -39.3% |
| Net Profit Margin | -26.8% |
| 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 Swiber Offshore ( India) Private Limited, buy the company report.
Board of directors of Swiber Offshore ( India) Private Limited
Swiber Offshore ( India) has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ee Chiew Ling | Director | 05 Aug 2015 | 11 Years 2 Months | As last reported |
| Abshalome Joel Reuben | Director | 05 Aug 2015 | 11 Years 2 Months | As last reported |
Auditor
Swiber Offshore ( India) Private Limited is audited by Devesh K. Shah & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Devesh K. Shah & Co. | FY 2015 |
Shareholding
The shareholding of Swiber Offshore ( India) Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Swiber Offshore ( India) Private Limited, buy the company report.
Legal cases
Swiber Offshore ( India) Private Limited has 101 court cases on record: 2 filed by Swiber Offshore ( India), 99 filed against it. 10 cases are pending and 91 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 82 | 80 | 8 |
| District courts | 18 | 18 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Sanctum Work Wear Pvt.Ltd. | Pending |
| Bombay High Court | Court case (CHOL) | Filed against the company by Fugro Survey (India) Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by M/S Maruti Lift and Safe Technique Pvt.Ltd | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by Seamec Limited | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by M/S. Fugro Survey (India) Pvt. Ltd. | Disposed |
To see the full case history of Swiber Offshore ( India) 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swiber Offshore ( India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swiber Offshore ( India) Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Swiber Offshore ( India) 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 Swiber Offshore ( India) Private Limited, buy the company report.
Recent activity
Swiber Offshore ( India) Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Abshalome Joel Reuben ceased to be Director on 02 Sep 2016.
1 earlier event is in the company report.
Frequently asked questions
Swiber Offshore ( India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Swiber Offshore ( India) was a foreign private limited company based in Mumbai, Maharashtra, India. The company worked in procurement and construction (epc), within the engineering industry. It was incorporated on 10 July 2007 and is registered under CIN U63012MH2007FTC172214. The company has been struck off by the Registrar of Companies and is no longer operational.
Swiber Offshore ( India) had 2 directors:
- Ee Chiew Ling - Director
- Abshalome Joel Reuben - Director
The CIN (Corporate Identification Number) of Swiber Offshore ( India) is U63012MH2007FTC172214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Swiber Offshore ( India) is at Unit No.3 & 4A The Centrium Phoenix Market City L.B.S Marg Kurla West, Mumbai, Maharashtra, India – 400070.
Swiber Offshore ( India) was incorporated on 10 July 2007. It is registered with the Registrar of Companies, Mumbai.
Swiber Offshore ( India) can be reached through the website swiber.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Swiber Offshore ( India) on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 08 September 2015. Year-wise statements from 2015 are in the company report.
No. Swiber Offshore ( India) has 1 GST registration on record and it is cancelled or inactive.
Swiber Offshore ( India) operated in the engineering industry, in the procurement and construction (epc) segment. It worked in this industry before it was struck off.
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