Ocean Polymer Technologies Private Limited

Manufactures water tanks, pipes, fittings, and sustainable products such as septic tanks and WPC doors.

1994 | Thrissur, Kerala (India) | Active
Last Updated: November 17, 2024

Ocean Polymer Technologies Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 8.21 Cr
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.37 Cr
  • Satisfied Charges ₹ 8.50 M
  • Revenue Growth -17.40%
  • Profit Growth 90.03%
  • Ebitda 5.79%
  • Net Worth -1.38%
  • Total Assets 9.07%

About Ocean Polymer Technologies

Ocean Polymer Technologies Private Limited (OPTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 October 1994 and has a history of 30 years and three months. Its registered office is in Thrissur, Kerala, India.

The Corporate was formerly known as Ocean Chiles Industries Private Limited. The Company is engaged in the Manufacturing 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 9.00 Cr and a paid-up capital of Rs 8.21 Cr.

The company currently has active open charges totaling ₹11.37 Cr. The company has closed loans amounting to ₹8.50 M, as per Ministry of Corporate Affairs (MCA) records.

Philip Mulakkal and Sheena Philip serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U26100KL1994PTC008259

  • Company No.

    008259

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing

What products or services does Ocean Polymer Technologies Private Limited offer?

Ocean Polymer Technologies Private Limited offers a wide range of products and services, including Food Storage Boxes & Containers, Lunch Boxes.

Who are the key members and board of directors at Ocean Polymer Technologies?

Executive Team (1)

Name Designation Appointment Date Status
Philip Mulakkal Country flag representing In Managing Director 25-Aug-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Sheena Philip Country flag representing In Director 24-Nov-2011 Current

Financial Performance of Ocean Polymer Technologies.

Ocean Polymer Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.4% decrease. The company also saw a substantial improvement in profitability, with a 90.03% increase in profit. The company's net worth dipped by a decrease of 1.38%.

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
-17.40%
Revenue from Operations
-17.69%
Total Assets
9.07%
Profit or Loss
90.03%
Net Worth
-1.38%
EBITDA
5.79%

What is the Ownership and Shareholding Structure of Ocean Polymer Technologies?

In 2023, Ocean Polymer Technologies had a public 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

₹11.37 Cr

Satisfied Charges

₹0.85 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 11.05 Cr
  • The South Indian Bank Limited : 0.32 Cr

Latest Charge Details

Date Lender Amount Status
12 Sep 2024 The South Indian Bank Limited ₹3.20 M Open
16 Dec 2021 Axis Bank Limited ₹0.55 M Open
15 Dec 2020 Axis Bank Limited ₹11.00 Cr Open
06 Feb 2009 Thrissur District Co Operative Bank Limited ₹7.50 M Satisfied
29 Nov 2002 Canara Bank ₹1.00 M Satisfied

How Many Employees Work at Ocean Polymer Technologies?

Ocean Polymer Technologies has a workforce of 32 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ocean Polymer Technologies, 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 Polymer Technologies'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 Polymer Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100987441 was registered on 12 Sep 2024.

    12 Sep 2024

  • Balance Sheet

    Ocean Polymer Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 11.00 Cr registered on 15 Dec 2020 with Charge ID 100414385 was modified on 27 Nov 2023.

    27 Nov 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100521126 was registered on 16 Dec 2021.

    16 Dec 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 11.00 Cr with Charge ID 100414385 was registered on 15 Dec 2020.

    15 Dec 2020

Frequently asked questions

  • Ocean Polymer Technologies Private Limited was incorporated on 12 Oct 1994.

  • The authorized share capital of Ocean Polymer Technologies Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.21 Cr.

  • Currently 2 directors are associated with Ocean Polymer Technologies Private Limited.

    • Philip Aippunny Mulakkal
    • Sheena Philip
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ocean Polymer Technologies Private Limited is Door No Xiv/30 Industrial Development Plot Athani, India, Peringadoor P O, Kerala, 680581.

  • The corporate identification number (CIN) of Ocean Polymer Technologies Private Limited is U26100KL1994PTC008259 and the company number is 008259 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ocean Polymer Technologies Private Limited is https://www.oceangroup.net.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ocean Polymer Technologies Private Limited has fallen by -17.40%.

  • As Per 2023 financial reports, 32 employees are currently employed by Ocean Polymer Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ocean Polymer Technologies Private Limited has experienced an downturn of -1.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ocean Polymer Technologies Private Limited amount to ₹ 11.37 Cr.

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

Similar Companies Based on Plastic-Based Products