Blue Ocean Minerals Private Limited
About Blue Ocean Minerals Private Limited
Data last updated:
Blue Ocean Minerals Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 25 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U14200AP2010PTC067672. Its GSTIN is 37AAECB0658C1Z0 (Andhra Pradesh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Koteswara Babu Venkata Krishna Thanneeru and Syed Mohammed Masood.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Savitha Edifice D.No.10 – 1 – 42/A Tb Road Cbm Compound, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.9 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹3.52 Lakh (net margin -35.6%) and EBITDA of -₹5.23 Lakh (EBITDA margin -52.8%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 60% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Blue Ocean Minerals has one previous CIN (Corporate Identification Number): U14200TG2010PTC067672. The current CIN is U14200AP2010PTC067672, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14200AP2010PTC067672 | Current |
| U14200TG2010PTC067672 | Previous |
Contact details
Blue Ocean Minerals Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSavitha Edifice D.No.10 – 1 – 42/A Tb Road Cbm Compound, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Blue Ocean Minerals Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Blue Ocean Minerals is mining and quarrying. In detail, this covers mining support service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | 09 | Mining support service activities |
To see the full business activity and turnover split of Blue Ocean Minerals Private Limited, buy the company report.
Financials of Blue Ocean Minerals Private Limited
FY 2024 filings availableBlue Ocean Minerals Private Limited reported revenue of ₹9.9 Lakh (down 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 89% fall in the latest year. EBITDA rose 94% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5.23 Lakh | ||||
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| Net Profit (PAT) | -₹3.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -52.8% | ||||
| Net Profit Margin | -35.6% | ||||
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To see the full financial statements and ratios of Blue Ocean Minerals Private Limited, buy the company report.
Board of directors of Blue Ocean Minerals Private Limited
Blue Ocean Minerals has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koteswara Babu Venkata Krishna Thanneeru | Additional Director | 07 Nov 2024 | 1 Years 11 Months | Current |
| Syed Mohammed Masood | Additional Director | 07 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Blue Ocean Minerals Private Limited is audited by GLNPRASAD & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GLNPRASAD & CO | FY 2023 | 015176S |
Shareholding
The shareholding of Blue Ocean Minerals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Blue Ocean Minerals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Blue Ocean Minerals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Blue Ocean Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Blue Ocean Minerals Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Blue Ocean Minerals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAECB0658C1Z0 | Andhra Pradesh | Active | 31 Oct 2017 |
To see the full GST registrations and return filing status of Blue Ocean Minerals Private Limited, buy the company report.
Recent activity
Blue Ocean Minerals Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Chandra Sekhar Rao Chunduru ceased to be Director on 21 Apr 2025.
Frequently asked questions
Blue Ocean Minerals is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 25 March 2010 (16+ years old) and is registered under CIN U14200AP2010PTC067672.
Blue Ocean Minerals has 2 current directors:
- Koteswara Babu Venkata Krishna Thanneeru - Additional Director
- Syed Mohammed Masood - Additional Director
The latest financial statements of Blue Ocean Minerals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Blue Ocean Minerals is 37AAECB0658C1Z0, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Blue Ocean Minerals is U14200AP2010PTC067672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Ocean Minerals was incorporated on 25 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Vijayawada.
Chandra Sekhar Rao Chunduru ceased to be Director on 21 Apr 2025. Venkata Subba Rao Chunduru ceased to be Director on 21 Apr 2025. Vijay Kumar Kosaraju ceased to be Director on 21 Apr 2025. Blue Ocean Minerals has 7 board changes on record in total.
The registered office of Blue Ocean Minerals is at Savitha Edifice D.No.10 – 1 – 42A Tb Road Cbm Compound, Visakhapatnam, Andhra Pradesh, India – 530003.
Blue Ocean Minerals operates in the metals and minerals industry, in the materials retail and distribution segment.
The compliance status of Blue Ocean Minerals is compliant as of 09 August 2026. The company is actively filing with the Registrar of Companies.