Ocean Motors Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.39 Cr
- Company Age 13 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 167.65 Cr
- Satisfied Charges ₹ 56.83 Cr
- Revenue Growth 44.71%
- Profit Growth 9.56%
- Ebitda 34.82%
- Net Worth 6.72%
- Total Assets 22.11%
About Ocean Motors
Ocean Motors Private Limited (OMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 2011 and has a history of 13 years and ten months. Its registered office is in Indore, Madhya Pradesh, India.
The Company is engaged in the Automotive 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 1.50 Cr and a paid-up capital of Rs 1.39 Cr.
The company currently has active open charges totaling ₹167.65 Cr. The company has closed loans amounting to ₹56.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravi Nagar and Mahendra Patel serve as directors at the Company.
Company Details
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Location
Indore, Madhya Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U50300MP2011PTC025748
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Company No.
025748
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Apr 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Gwalior
Industry
Who are the key members and board of directors at Ocean Motors?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Nagar
|
Director | 07-Apr-2011 | Current |
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Mahendra Patel
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Director | 07-Apr-2011 | Current |
Financial Performance of Ocean Motors.
Ocean Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.71% increase. The company also saw a slight improvement in profitability, with a 9.56% increase in profit. The company's net worth moved up by a moderate rise of 6.72%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Ocean Motors?
In 2023, Ocean Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Ocean Arch Private LimitedMahendra Patel is a mutual person
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Ocean Multispeciality Hospital And Research Centre Private Limited
Mahendra Patel is a mutual person
Charges (Loans)
₹167.65 Cr
₹56.83 Cr
Charges Breakdown by Lending Institutions
- Others : 134.65 Cr
- Axis Bank Limited : 14.00 Cr
- United Bank Of India : 10.00 Cr
- Hdfc Bank Limited : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Sep 2024 | United Bank Of India | ₹10.00 Cr | Open |
| 05 Oct 2023 | Others | ₹7.50 Cr | Open |
| 26 Sep 2023 | Others | ₹19.50 Cr | Open |
| 30 Aug 2022 | Axis Bank Limited | ₹14.00 Cr | Open |
| 10 Aug 2022 | Hdfc Bank Limited | ₹9.00 Cr | Open |
How Many Employees Work at Ocean Motors?
Ocean Motors has a workforce of 310 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ocean Motors, 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 Motors's trajectory.
Rating
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
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.