MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0182456
Blue Ocean Financial Services Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.44 Cr
▼ 33% YoY
Net profit · FY 2024
₹23.68 Lakh
Net margin 9.7%
EBITDA · FY 2024
₹82.17 Lakh
EBITDA margin 33.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹3.29 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Blue Ocean Financial Services Private Limited
Data last updated:
Blue Ocean Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 22 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2008PTC182543. Its GSTIN is 27AADCB4596Q1ZW (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Vishwanath Narayanan and Visalakshy Vishwanath.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.44 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹23.68 Lakh (net margin 9.7%) and EBITDA of ₹82.17 Lakh (EBITDA margin 33.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company is associated with 1 brand: Blue Ocean. As per MCA filings, the company has open charges of ₹3.29 Cr on record.
Blue Ocean Financial Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0182456). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bofs.co.in.
Company details
CIN U67100MH2008PTC182543
Registration Number 182543
Incorporation Date 22 May 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0182456
Recognitions & Rankings of Blue Ocean Financial Services
Contact details
Blue Ocean Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is bofs.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMeraki Arena 15th Floor, 1505 Sion Trombay Road Opp R K Studios Above Croma Chembur East, Mumbai, Maharashtra, India – 400071
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Blue Ocean Financial Services Private Limited, buy the company report.
Comprehensive company report
Blue Ocean Financial Services Private Limited - one report that includes everything
- 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
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Brands
Blue Ocean Financial Services operates one associated brand: Blue Ocean. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial advisory services are provided by Blue Ocean in Mumbai. | bofs.co.in |
Business activity
The main business activity of Blue Ocean Financial Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Blue Ocean Financial Services Private Limited, buy the company report.
Financials of Blue Ocean Financial Services Private Limited
FY 2025 filings availableBlue Ocean Financial Services Private Limited reported revenue of ₹2.44 Cr (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹2.44 Cr ▼ 33%
Net profit · FY 2024
₹23.68 Lakh margin 9.7%
EBITDA · FY 2024
₹82.17 Lakh margin 33.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 2%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 50%
3 years · compounded
▲ 39%
5 years · compounded
▲ 16%
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 50% 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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| Total Expenses | |||||
| EBITDA | ₹82.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.7% | ||||
| Net Profit Margin | 9.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Blue Ocean Financial Services Private Limited, buy the company report.
Board of directors of Blue Ocean Financial Services Private Limited
Blue Ocean Financial Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanath Narayanan | Director | 22 May 2008 | 18 Years 5 Months | Current |
| Visalakshy Vishwanath | Director | 22 May 2008 | 18 Years 5 Months | Current |
Auditor
Blue Ocean Financial Services Private Limited is audited by C K S P AND CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C K S P AND CO LLP | FY 2022 | 131228W/W100044 |
Shareholding
The shareholding of Blue Ocean Financial Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Blue Ocean Financial Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.29 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2023 | 100722380 | Others | ₹2.46 Cr | Open | |
| 03 Mar 2022 | 100550438 | Hdfc Bank Limited | ₹16.49 Lakh | Open | |
| 23 Feb 2022 | 100548800 | Hdfc Bank Limited | ₹29 Lakh | Open | |
| 23 Mar 2011 | 10278312 | Housing Development Finance Corporation Limited | ₹38 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Blue Ocean Financial Services 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 Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blue Ocean Financial Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB4596Q1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Blue Ocean Financial Services Private Limited, buy the company report.
Recent activity
Blue Ocean Financial Services Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Visalakshy Vishwanath was appointed as Director on 22 May 2008.
AGM
Blue Ocean Financial Services Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
Blue Ocean Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 246.00 Lakh with Charge ID 100722380 was registered on 27 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.49 Lakh with Charge ID 100550438 was registered on 03 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 29.00 Lakh with Charge ID 100548800 was registered on 23 Feb 2022.
Charges
A charge with Housing Development Finance Corporation Limited amounted to Rs. 38.00 Lakh with Charge ID 10278312 was registered on 23 Mar 2011.
Appointed
Visalakshy Vishwanath was appointed as Director.
Appointed
Vishwanath Narayanan was appointed as Director.
Incorporation
22 May 2008
Blue Ocean Financial Services Private Limited was registered on 22 May 2008 with Roc Mumbai I & aged 18 years 5 months as per MCA records.
Frequently asked questions
Blue Ocean Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 22 May 2008 (18+ years old) and is registered under CIN U67100MH2008PTC182543.
Blue Ocean Financial Services has 2 current directors:
- Vishwanath Narayanan - Director
- Visalakshy Vishwanath - Director
The latest financial statements of Blue Ocean Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Blue Ocean Financial Services is 27AADCB4596Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Blue Ocean Financial Services is U67100MH2008PTC182543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Ocean Financial Services was incorporated on 22 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Visalakshy Vishwanath was appointed as Director on 22 May 2008. Vishwanath Narayanan was appointed as Director on 22 May 2008.
Yes, Blue Ocean Financial Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0182456).
Blue Ocean Financial Services can be reached through the website bofs.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Blue Ocean Financial Services is at Meraki Arena 15th Floor, 1505 Sion Trombay Road Opp R K Studios Above Croma Chembur East, Mumbai, Maharashtra, India – 400071.
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