About Oceanmtech Private Limited
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Oceanmtech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72100GJ2016PTC094637. Its GSTIN is 24AAPCA0138D1Z4 (Gujarat).
The company has an authorised share capital of ₹10.11 Cr and a paid-up capital of ₹5.87 Cr. It was formerly known as Ambtech Multitrade Private Limited. It is led by directors including Manojkumar Bhupatbhai Hirpara and Jaydeep Ashvinbhai Hirpara.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹52.4 Lakh, a growth of 42% compared to the previous year. For the same year it recorded a net loss of ₹13.01 Lakh (net margin -24.8%) and EBITDA of ₹8.48 Lakh (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 110% over three years and 36% over five years.
The company is associated with 1 brand: Oceanmtech. Court records list 6 cases involving the company, including 5 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oceanmtech.com.
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- Website
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- Registered AddressA – 1301 & 1302 Privilon, Ambli Bopal Road, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Financials of Oceanmtech Private Limited FY 2024 filings available
Oceanmtech Private Limited reported revenue of ₹52.4 Lakh (up 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Oceanmtech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 42% growth in the latest year. EBITDA rose 20% 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 of Oceanmtech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹52.4 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.01 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Oceanmtech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -24.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Oceanmtech are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Oceanmtech Private Limited
Oceanmtech Private Limited is audited by P B NANDOLA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P B NANDOLA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Oceanmtech Private Limited
Oceanmtech has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manojkumar Bhupatbhai Hirpara | Director | 08 Dec 2016 | 9 Years 10 Months | Current |
| Jaydeep Ashvinbhai Hirpara | Director | 08 Dec 2016 | 9 Years 10 Months | Current |
| Kautik Jayshukhbhai Katharotiya Also directs: Growzen Innovations Private Limited | Director | 10 Oct 2023 | 3 Years 0 Months | Current |
| Rutvik Ribadiya | Director | 10 Oct 2023 | 3 Years 0 Months | Current |
Ownership and Shareholding of Oceanmtech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Oceanmtech Private Limited
Oceanmtech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Oceanmtech Private Limited
Oceanmtech Private Limited has 6 court cases on record: 5 filed against it, 1 where it is another party. All cases are pending. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 6 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (CR EN) | Filed against the company by Shri S. S. Shah, Government Labour Officer and Gratuity Payment Inspector, Surat | Pending |
| District court, SURAT, Gujarat | Court case (CR EN) | Filed against the company by Shri S. S. Shah, Government Labour Officer and Equal Remuneration Act Inspector, Surat | Pending |
| District court, SURAT, Gujarat | Court case (CR EN) | Filed against the company by Shri S. S. Shah, Government Labour Officer and Bonus Payment Inspector, Surat | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Company is another party | Pending |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Oceanmtech Private Limited
Oceanmtech operates one associated brand: Oceanmtech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT services including mobile app, web development, and digital marketing. | oceanmtech.com |
Employees and EPFO Compliance at Oceanmtech Private Limited
Employment history and EPFO contributions of people linked to Oceanmtech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Oceanmtech Private Limited
Oceanmtech has one previous CIN (Corporate Identification Number): U74999GJ2016PTC094637. The current CIN is U72100GJ2016PTC094637, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100GJ2016PTC094637 | Current |
| U74999GJ2016PTC094637 | Previous |
Recent Activity on Oceanmtech Private Limited
Oceanmtech Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Kautik Jayshukhbhai Katharotiya ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Oceanmtech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Oceanmtech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Oceanmtech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Oceanmtech Private Limited
Oceanmtech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCA0138D1Z4 | Gujarat | Active | 15 Jun 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Oceanmtech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Oceanmtech Private Limited
Oceanmtech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 December 2016 (10+ years old) and is registered under CIN U72100GJ2016PTC094637.
Oceanmtech reported revenue of ₹52.4 Lakh for FY 2023 (up 42% YoY).
Oceanmtech has 4 current directors:
- Manojkumar Bhupatbhai Hirpara - Director
- Jaydeep Ashvinbhai Hirpara - Director
- Kautik Jayshukhbhai Katharotiya - Director
- Rutvik Ribadiya - Director
Oceanmtech reported a net loss of ₹13.01 Lakh (net margin -24.8%) and EBITDA of ₹8.48 Lakh (EBITDA margin 16.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Oceanmtech is 110% over three years and 36% over five years. In the latest year (FY 2023) revenue rose 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Oceanmtech is 24AAPCA0138D1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Oceanmtech is U72100GJ2016PTC094637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oceanmtech has 6 court cases on record: 5 filed against it. 6 are pending.
Oceanmtech was incorporated on 08 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kautik Jayshukhbhai Katharotiya ceased to be Additional Director on 29 Sep 2024. Rutvik Ribadiya ceased to be Additional Director on 29 Sep 2024. Kautik Jayshukhbhai Katharotiya was appointed as Director on 10 Oct 2023. Oceanmtech has 6 board changes on record in total.