Ocean Petro Specialities Private Limited

Manufactures and trades lube oils, grease, additives, and chemicals.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: December 29, 2024

Ocean Petro Specialities Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 0.76 M
  • Revenue Growth -99.93%
  • Profit Growth 80.30%
  • Ebitda 95.31%
  • Net Worth -5.32%
  • Total Assets -34.18%

About Ocean Petro Specialities

Ocean Petro Specialities Private Limited (OPSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 July 1996 and has a history of 28 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.50 M.

The company has closed loans amounting to ₹0.76 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Atul Shah, Harshal Shah, Bina Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23209MH1996PTC101354

  • Company No.

    101354

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Ocean Petro Specialities?

Board Members (4)

Name Designation Appointment Date Status
Atul Shah Country flag representing In Director 24-Jul-1996 Current
Harshal Shah Country flag representing In Director 01-Apr-2023 Current
Bina Shah Country flag representing In Director 01-Apr-2023 Current
Rashi Shah Country flag representing In Director 01-Dec-2016 Current

Financial Performance of Ocean Petro Specialities.

Ocean Petro Specialities Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.93% decrease. The company also saw a substantial improvement in profitability, with a 80.3% increase in profit. The company's net worth dipped by a decrease of 5.32%.

Graph illustrating revenue growth over time
Graph showing 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
-99.93%
Revenue from Operations
Total Assets
-34.18%
Profit or Loss
80.30%
Net Worth
-5.32%
EBITDA
95.31%

What is the Ownership and Shareholding Structure of Ocean Petro Specialities?

In 2022, Ocean Petro Specialities had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.76 M

Charges Breakdown by Lending Institutions

  • United Bank Of India : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
24 Feb 2009 United Bank Of India ₹0.76 M Satisfied

How Many Employees Work at Ocean Petro Specialities?

Unlock and access historical data on people associated with Ocean Petro Specialities, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ocean Petro Specialities, 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 Petro Specialities'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 Petro Specialities

Recent activity within the organization

  • Annual General Meeting

    Ocean Petro Specialities Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ocean Petro Specialities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Harshal Atul Shah was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 10 months .

    01 Apr 2023

  • Director Appointment

    Bina Atul Shah was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 10 months .

    01 Apr 2023

  • Director Appointment

    Rashi Harshal Shah was appointed as a Director was appointed as a Director on 01 Dec 2016 & has been associated with this company since 8 years 2 months .

    01 Dec 2016

  • Charges

    A charge registered on 24 Feb 2009 via Charge ID 10153710 with United Bank Of India was fully satisfied on 27 Oct 2012.

    27 Oct 2012

Frequently asked questions

  • Ocean Petro Specialities Private Limited was incorporated on 24 Jul 1996.

  • The authorized share capital of Ocean Petro Specialities Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 4 directors are associated with Ocean Petro Specialities Private Limited.

    • Atul Bhaichand Shah
    • Harshal Atul Shah
    • Bina Atul Shah
    • Rashi Harshal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ocean Petro Specialities Private Limited is A-301 Kent Residency Chs Ltd Eksar Road Opp. Mayur Tower, Borivali-W Est India, Mumbai, Maharashtra, 400092.

  • The corporate identification number (CIN) of Ocean Petro Specialities Private Limited is U23209MH1996PTC101354 and the company number is 101354 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ocean Petro Specialities Private Limited has fallen by -99.93%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ocean Petro Specialities Private Limited has experienced an downturn of -5.32%.

  • The most recent Balance Sheet for Ocean Petro Specialities Private Limited was filed with the ROC on 31 Mar 2024.

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