Ocean Lifespaces India Private Limited

Interior contracting company offering turnkey services for residential and commercial properties, with prestigious clientele and certifications.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Ocean Lifespaces India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 460.65 Cr
  • Satisfied Charges ₹ 178.00 Cr
  • Revenue Growth -53.55%
  • Profit Growth -51.08%
  • Ebitda -54.04%
  • Net Worth 13.46%
  • Total Assets 0.85%

About Ocean Lifespaces India

Ocean Lifespaces India Private Limited (OLIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 February 2004 and has a history of 21 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Ocean Interiors Limited. The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.00 M.

The company currently has active open charges totaling ₹460.65 Cr. The company has closed loans amounting to ₹178.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sylvanus Peter, Sylvanus Peter, and Sally Melissa serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45401TN2004PTC052450

  • Company No.

    052450

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 2004

  • Date of AGM

    20 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Engineering

Who are the key members and board of directors at Ocean Lifespaces India?

Executive Team (1)

NameDesignationAppointment DateStatus
Sylvanus Peter Country flag representing In Managing Director04-Feb-2004Current

Board Members (2)

NameDesignationAppointment DateStatus
Sylvanus Peter Country flag representing In Director 27-Mar-2008Current
Sally Melissa Country flag representing In Director 10-Jul-2019Current

Financial Performance of Ocean Lifespaces India.

Ocean Lifespaces India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 53.55% decrease. The company also saw a substantial fall in profitability, with a 51.08% decrease in profit. The company's net worth Soared by an impressive increase of 13.46%.

Ocean Lifespaces India revenue growth over time
Ocean Lifespaces India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-53.55%
Revenue from Operations
-54.54%
Total Assets
0.85%
Profit or Loss
-51.08%
Net Worth
13.46%
EBITDA
-54.04%

What is the Ownership and Shareholding Structure of Ocean Lifespaces India?

In 2021, Ocean Lifespaces India had a promoter holding of 99.96% and a public holding of 0.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹460.65 Cr

Satisfied Charges

₹178.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 155.54 Cr
  • Axis Bank Limited : 155.11 Cr
  • Others : 150.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 May 2024Hdfc Bank Limited₹1.40 CrOpen
04 Aug 2023Hdfc Bank Limited₹1.95 CrOpen
17 Jul 2023Hdfc Bank Limited₹150.00 CrOpen
29 Aug 2022Others₹150.00 CrOpen
16 Aug 2021Hdfc Bank Limited₹2.19 CrOpen

How Many Employees Work at Ocean Lifespaces India?

Ocean Lifespaces India has a workforce of 902 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ocean Lifespaces India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ocean Lifespaces India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ocean Lifespaces India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ocean Lifespaces India

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.40 Cr with Charge ID 100956167 was registered on 17 May 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 150.00 Cr registered on 17 Jul 2023 with Charge ID 100749085 was modified on 29 Feb 2024.

  • Annual General Meeting

    Ocean Lifespaces India Private Limited last Annual general meeting of members was held on 20 Dec 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 150.00 Cr registered on 29 Aug 2022 with Charge ID 100612711 was modified on 14 Sep 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.95 Cr with Charge ID 100762046 was registered on 04 Aug 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 150.00 Cr with Charge ID 100749085 was registered on 17 Jul 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Ocean Lifespaces India Private Limited?

    Ocean Lifespaces India Private Limited was incorporated on 04 Feb 2004.

  • What is authorized share capital and paid-up capital of Ocean Lifespaces India Private Limited?

    The authorized share capital of Ocean Lifespaces India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.00 M.

  • Who are the current board members & directors of Ocean Lifespaces India Private Limited?

    Currently 3 directors are associated with Ocean Lifespaces India Private Limited.

    • Sylvanus King Peter
    • Sylvanus King Anitha Peter
    • Sally Melissa

  • What is the registered address of Ocean Lifespaces India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ocean Lifespaces India Private Limited is Mf-1 Industrial Estate, Cipet Hostel Ro Guindy India, Chennai, Tamil Nadu, 600032.

  • What is the corporate identification number (CIN) and company number of Ocean Lifespaces India Private Limited?

    The corporate identification number (CIN) of Ocean Lifespaces India Private Limited is U45401TN2004PTC052450 and the company number is 052450 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ocean Lifespaces India Private Limited?

    The Official website of Ocean Lifespaces India Private Limited is https://www.ocean.net.in

  • What has been the recent revenue trend for Ocean Lifespaces India Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Ocean Lifespaces India Private Limited has fallen by -53.55%.

  • How many employees does Ocean Lifespaces India Private Limited currently have?

    As Per 2021 financial reports, 902 employees are currently employed by Ocean Lifespaces India Private Limited.

  • What change has been observed in the net worth of Ocean Lifespaces India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Ocean Lifespaces India Private Limited has experienced an upsurge of 13.46%.

  • What are the total open charges for Ocean Lifespaces India Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Ocean Lifespaces India Private Limited amount to ₹ 460.65 Cr.

  • When was the last Balance Sheet of Ocean Lifespaces India Private Limited filed with the ROC?

    The most recent Balance Sheet for Ocean Lifespaces India Private Limited was filed with the ROC on 31 Mar 2023.

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