global offshore future
Global Offshore Services Ltd (ticker: GLOBOFFS, BSE: 501848) is not currently available in the stock futures & options (F&O) segment on NSE/BSE. It trades effectively only in the cash segment (primarily on BSE), and Moneycontrol’s listing shows the derivatives “Series: NA” and no F&O quotes, which confirms there is no exchange-traded futures contract on this stock as of now. (moneycontrol.com)
Below is a concise view of the company and sector “future” if that is what you are referring to:
1. Business snapshot (cash-market only stock)
- Small-cap shipping / offshore support vessel (OSV) operator.
- Owns and operates anchor handling tug-cum-supply vessels (AHTSVs) and platform supply vessels (PSVs) that support offshore oil & gas exploration and construction (personnel transport, cargo, anchor handling, rig towing, etc.). (moneycontrol.com)
- Vessels are/were deployed in India, North Sea/Europe and other international markets; key clients historically include ONGC and other E&P majors. (globaloffshore.in)
2. Recent stock and fundamentals (for context, not a recommendation)
- Recent BSE price is around ₹60–65 with market cap in the ~₹185–200 crore range (exact price changes daily). (economictimes.indiatimes.com)
- 1‑year performance has been weak, with the stock down ~40–50% from its 52‑week high; 52‑week high ~₹135–138 and low ~₹60–65. (business-standard.com)
- Trailing P/E is in the low‑30s, price‑to‑book about 1.4–1.5; the company has returned to modest profit but on a small revenue base. (economictimes.indiatimes.com)
- Promoter holding is low for this kind of cyclical business (~30%) and has reduced over the last few quarters, which is a governance/comfort point to watch. (business-standard.com)
3. Sector & business outlook (OSV / global offshore)
- Global offshore oil & gas and offshore wind activity has structurally improved vs. the last down‑cycle. OSV demand is rising while new vessel supply is tight due to limited newbuilding and reactivation challenges for laid‑up ships—this generally supports day‑rates and utilisation for operators like Global Offshore. (capitalmarket.com)
- Offshore oil production and offshore gas are projected to grow through the 2030s, and global offshore wind capacity is expected to grow at a high double‑digit CAGR, all of which indirectly support OSV demand. (capitalmarket.com)
- The Indian OSV market itself is projected to more than double in value from FY23 to FY31, driven by offshore projects in the Bay of Bengal/Arabian Sea and some transition to offshore renewable activity. (capitalmarket.com)
Key risks and considerations (example framework):
- Highly cyclical business tied to offshore E&P capex and charter rates.
- Small fleet, customer concentration and contract renewal risk.
- Balance sheet/leverage and ageing vessels can impact future competitiveness and capex needs.
- Promoter stake trend and corporate governance.
- Very low liquidity and high price volatility versus larger shipping names.
If your requirement is specifically to trade “Global Offshore futures”, that is currently not possible on Indian exchanges because there is no listed F&O contract on Global Offshore Services Ltd. For any derivatives exposure to shipping / offshore themes, you would have to look at other eligible F&O names or indices—purely as a matter of instrument availability, not a recommendation.
For detailed trade decisions, please rely on your SEBI-registered investment adviser or broker tools, and always cross‑check the current F&O list on NSE/BSE and your broker’s platform before placing any strategy.
If you have any further queries, please connect with us on 022-6290-10141 (Timings : 09.00 AM to 05.00 PM) or you can email us on info@cniinfoxchange.com