Oceanic Foods Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 11.25 Cr
- Company Age 31 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 71.56 Cr
- Satisfied Charges ₹ 4.33 Cr
- Revenue Growth -28.23%
- Profit Growth 12.73%
- Ebitda -5.14%
- Net Worth 10.64%
- Total Assets -18.93%
About Oceanic Foods
Oceanic Foods Limited (OFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 May 1993 and has a history of 31 years and nine months. Its registered office is in Jamnagar, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540405.
The Corporate was formerly known as Oceanic Foods Pvt Ltd. The Company is engaged in the Agriculture 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 12.00 Cr and a paid-up capital of Rs 11.25 Cr.
The company currently has active open charges totaling ₹71.56 Cr. The company has closed loans amounting to ₹4.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Oceanic Foods Limited India are Akanksha Srivastava as Company Secretary, Forum Patel as Ceo, and Shrinivas Jani as Cfo. Anand Dave, Sherathiya Hardikkumar, Rahul Modi, and Two other members serve as directors at the Company.
Company Details
- Location
Jamnagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L15495GJ1993PLC019383
- Company No.
019383
- Stock Symbol
BSE : 540405
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 May 1993
- Date of AGM
04 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Oceanic Foods Limited offer?
Oceanic Foods Limited offers a wide range of products and services, including Fresh, Dried & Preserved Vegetables, Dehydrated Vegetable, Fresh Vegetables, Leaf Vegetables.
Who are the key members and board of directors at Oceanic Foods?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Akanksha Srivastava | Company Secretary | 18-Oct-2023 | Current |
| Forum Patel | CEO | 20-Jun-2024 | Current |
Shrinivas Jani  | CFO | 05-Sep-2016 | Current |
| Ajesh Patel | Managing Director | 03-May-1993 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anand Dave | Director | 01-Nov-2023 | Current |
| Sherathiya Hardikkumar | Director | Current | |
| Rahul Modi | Director | 18-Oct-2023 | Current |
| Abhishek Nagrecha | Director | 07-Aug-2021 | Current |
Financial Performance of Oceanic Foods.
Oceanic Foods Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.23% decrease. The company also saw a substantial improvement in profitability, with a 12.73% increase in profit. The company's net worth Soared by an impressive increase of 10.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Oceanic Foods?
In 2023, Oceanic Foods had a promoter holding of 74.07% and a public holding of 25.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indo Colchem LimitedRahul Modi is a mutual person
Rising Sun Foods Pvt LtdAjesh Patel is a mutual person
Charges (Loans)
₹71.56 Cr
₹4.33 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 52.20 Cr
- Others : 19.36 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Others | ₹8.60 M | Open |
| 13 Sep 2024 | Others | ₹5.00 M | Open |
| 26 Jul 2024 | Others | ₹18.00 Cr | Open |
| 23 Aug 2007 | Hdfc Bank Limited | ₹26.10 Cr | Open |
| 10 Aug 2007 | Hdfc Bank Limited | ₹26.10 Cr | Open |
How Many Employees Work at Oceanic Foods?
Oceanic Foods has a workforce of 53 employees as of Apr 07, 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 Oceanic Foods, 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 Oceanic Foods'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.
