Ocean Steels Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 6.00 M
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.47 Cr
- Satisfied Charges ₹ 31.11 Cr
- Revenue Growth -29.20%
- Profit Growth -12.22%
- Ebitda -7.33%
- Net Worth 25.60%
- Total Assets -6.85%
About Ocean Steels
Ocean Steels Private Limited (OSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 June 2005 and has a history of 19 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Metals And Minerals 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 6.00 M and a paid-up capital of Rs 6.00 M.
The company currently has active open charges totaling ₹1.47 Cr. The company has closed loans amounting to ₹31.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pratik Lila, Gopal Gupta, and Surender Gupta serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, 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
U27100GJ2005PTC046176
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Company No.
046176
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Jun 2005
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Ocean Steels Private Limited offer?
Ocean Steels Private Limited offers a wide range of products and services, including Stainless Steel Round Bar, Stainless Steel Bars, Stainless Steel Square Bar, Steel Bars, Square Bar, Bright Bar, Steel & Stainless Steel Products, Steel Products, Gearbox, Axle, Sprocket & Gear Parts, Industrial Shafts.
Who are the key members and board of directors at Ocean Steels?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pratik Lila
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Director | 08-Oct-2010 | Current |
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Gopal Gupta
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Director | 02-Jun-2005 | Current |
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Surender Gupta
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Director | 02-Jun-2006 | Current |
Financial Performance of Ocean Steels.
Ocean Steels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.2% decrease. The company also saw a substantial fall in profitability, with a 12.22% decrease in profit. The company's net worth Soared by an impressive increase of 25.6%.
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What is the Ownership and Shareholding Structure of Ocean Steels?
In 2023, Ocean Steels had a public holding of 56.67%. 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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Parvati Private LimitedSurender Gupta is a mutual person
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Metlax International Private LimitedGopal Gupta and Surender Gupta are mutual person
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Material Recycling Association Of IndiaGopal Gupta is a mutual person
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Majestic Industrial Park Private LimitedGopal Gupta is a mutual person
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Laxcon Steels LimitedGopal Gupta is a mutual person
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Gopal Udyog LimitedGopal Gupta and Surender Gupta are mutual person
Charges (Loans)
₹14.72 M
₹311.14 M
Charges Breakdown by Lending Institutions
- Sidbi : 1.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2022 | Sidbi | ₹1.47 Cr | Open |
| 12 Mar 2014 | Others | ₹10.71 Cr | Satisfied |
| 12 Dec 2013 | Others | ₹10.71 Cr | Satisfied |
| 26 Jul 2007 | Oriental Bank Of Commerce | ₹1.85 Cr | Satisfied |
| 26 Jul 2007 | Oriental Bank Of Commerce | ₹4.85 Cr | Satisfied |
How Many Employees Work at Ocean Steels?
Ocean Steels has a workforce of 21 employees as of Apr 09, 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 Steels, 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 Steels'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.
