Swirl Offshore Private Limited

Swirl Offshore Private Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U11102MH2022PTC383052 Incorporated 20 May 2022 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business services MSME
Data last updated
Revenue · FY 2025
₹314 Cr
▲ 2450% YoY
Net profit · FY 2025
₹9.86 Cr
Net margin 3.1%
EBITDA · FY 2025
₹14.02 Cr
EBITDA margin 4.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Open charges
₹8.68 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
4
As per MCA filings

About Swirl Offshore Private Limited

Data last updated:

Swirl Offshore Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business support services segment of the business services sector. It was incorporated on 20 May 2022.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U11102MH2022PTC383052. Its GSTIN is 27ABICS5860J1ZT (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors including Akshay Deepak Sayta and Nitin Bhikhubhai Kanadia.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹314 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.86 Cr (net margin 3.1%) and EBITDA of ₹14.02 Cr (EBITDA margin 4.5%).

As per MCA filings, the company has open charges of ₹8.68 Cr on record. Court records list 15 cases involving the company, including 5 filed by the company and 10 filed against it; 7 cases are pending.

Swirl Offshore Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0229367).

Company details

CIN U11102MH2022PTC383052
Registration Number 383052
Incorporation Date 20 May 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0229367
Key People
Akshay Deepak Sayta Director Nipun Vidyasagar Malhotra Additional Director Nitin Bhikhubhai Kanadia Director

Recognitions & Rankings of Swirl Offshore

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-33-0229367

Contact details

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

  • Email
  • Telephone
  • Registered Address
    A – 603 Floral Deck Plaza Central MIDC Road, Nr. Good Luc Hotel Andheri (East), Mumbai, Maharashtra, India – 400093
  • Industry
    Business Services, Business Support Services

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

Comprehensive company report
Swirl 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 Swirl Offshore is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

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

Financials of Swirl Offshore Private Limited

FY 2024 filings available

Swirl Offshore Private Limited reported revenue of ₹314 Cr (up 2450% YoY) for FY 2025.

Revenue · FY 2025
₹314 Cr ▲ 2450%
Net profit · FY 2025
₹9.86 Cr margin 3.1%
EBITDA · FY 2025
₹14.02 Cr margin 4.5%

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23
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₹14.02 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9.86 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 2022-23
Profitability
EBITDA Margin4.5%
Net Profit Margin3.1%
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 Swirl Offshore Private Limited, buy the company report.

Board of directors of Swirl Offshore Private Limited

Swirl Offshore has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Akshay Deepak SaytaDirector01 Feb 20242 Years 9 MonthsCurrent
Nipun Vidyasagar Malhotra
Also directs: Dolphin Rfid Private Limited
Additional Director01 Jan 20260 Years 10 MonthsCurrent
Nitin Bhikhubhai Kanadia
Also directs: Cyto Pharmaceuticals Private Limited
Director01 Jul 20251 Years 4 MonthsCurrent
Navdeep Omprakash BakshiDirector01 Jul 20251 Years 4 MonthsCurrent
View all directors

Auditor

Swirl Offshore Private Limited is audited by R H Katrodiya & Co. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
R H Katrodiya & Co.FY 2024196764

Shareholding

The shareholding of Swirl Offshore Private Limited is on record for 2 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹8.68 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹6.98 Cr
Hdfc Bank Limited₹1.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Dec 2024101041823Hdfc Bank Limited₹79.63 LakhOpen
19 Dec 2024101041821Hdfc Bank Limited₹42.22 LakhOpen
19 Dec 2024101041797Hdfc Bank Limited₹48.11 LakhOpen
12 Jul 2024100950935Others₹6.98 CrOpen

To see the full charge records of Swirl Offshore Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

GST

Swirl Offshore has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27ABICS5860J1ZTMaharashtraActive22 Aug 2022

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

Recent activity

Swirl Offshore Private Limited has 9 board changes on record since 2024: 4 appointments and 5 cessations. The latest: Nipun Vidyasagar Malhotra was appointed as Additional Director on 01 Jan 2026.

Appointed
Nipun Vidyasagar Malhotra was appointed as Additional Director.
Ceased
Nitin Bhikhubhai Kanadia ceased to be Additional Director.
Ceased
Navdeep Omprakash Bakshi ceased to be Additional Director.
Ceased
Anil Shivlal Shah ceased to be Director.
Appointed
Navdeep Omprakash Bakshi was appointed as Director.
Appointed
Nitin Bhikhubhai Kanadia was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 79.63 Lakh with Charge ID 101041823 was registered on 19 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 42.22 Lakh with Charge ID 101041821 was registered on 19 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 48.11 Lakh with Charge ID 101041797 was registered on 19 Dec 2024.
AGM
Swirl Offshore Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Akshay Deepak Sayta ceased to be Additional Director.
Charges
A charge with Others of Rs. 698.00 Lakh registered on 12 Jul 2024 with Charge ID 100950935 was modified on 12 Sep 2024.

5 earlier events are in the company report.

Frequently asked questions

Swirl Offshore is an active private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 20 May 2022 (4+ years old) and is registered under CIN U11102MH2022PTC383052.

Swirl Offshore has 4 current directors:

The latest financial statements of Swirl Offshore on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.

The GSTIN of Swirl Offshore is 27ABICS5860J1ZT, registered in Maharashtra.

The CIN (Corporate Identification Number) of Swirl Offshore is U11102MH2022PTC383052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Swirl Offshore has 15 court cases on record: 5 filed by the company and 10 filed against it. 7 are pending. Most are in the high courts.

Swirl Offshore was incorporated on 20 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.

Nipun Vidyasagar Malhotra was appointed as Additional Director on 01 Jan 2026. Nitin Bhikhubhai Kanadia ceased to be Additional Director on 27 Dec 2025. Navdeep Omprakash Bakshi ceased to be Additional Director on 29 Sep 2025. Swirl Offshore has 9 board changes on record in total.

Yes, Swirl Offshore is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0229367).

The registered office of Swirl Offshore is at A – 603 Floral Deck Plaza Central MIDC Road, Nr. Good Luc Hotel Andheri East, Mumbai, Maharashtra, India – 400093.