Blue Ocean Steels LLP - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAM-8636 Incorporated 25 June 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership metals and minerals
Data last updated
Revenue · FY 2022
₹221.62 Cr
▲ 42% YoY
Net profit · FY 2022
₹8.29 Cr
Net margin 3.7%
EBITDA · FY 2022
₹2.46 Cr
EBITDA margin 1.1%
Contribution obligation
₹10 Lakh
As per LLP agreement
Open charges
₹47 Cr
Secured borrowings
LLP age
8 yrs
Est. 2018
Employees · EPFO
18
Provident fund records
Designated partners
3
As per MCA filings

About Blue Ocean Steels LLP

Data last updated:

Blue Ocean Steels LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 25 June 2018 and has been in existence for over 8 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAM-8636. Its GSTIN is 27AATFB6959Q1Z7 (Maharashtra). The LLP holds 2 GST registrations, all of them active.

The LLP has a total obligation of contribution of ₹10 Lakh. It was formerly known as Blueocean Steel Llp. It is led by designated partners including Karan Umesh Dharnidharka and Rakesh Brijmohan Agrawal.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2022, the LLP reported a revenue of ₹221.62 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹8.29 Cr (net margin 3.7%) and EBITDA of ₹2.46 Cr (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 206% over three years.

The LLP has about 18 employees on its provident fund (EPFO) records.

The LLP is associated with 1 brand: Blue Ocean Steels. As per MCA filings, the LLP has open charges of ₹47 Cr on record. Court records list 3 cases involving the LLP, including 3 filed by the LLP; 3 cases are pending.

For more details, the LLP can be reached via its website blueoceansteels.com.

Company details

LLPIN AAM-8636
Incorporation Date 25 June 2018
Total Obligation of Contribution ₹10 Lakh
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025

Contact details

Blue Ocean Steels LLP's registered office is in Mumbai, Maharashtra. Its website is blueoceansteels.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    1209 One BKC C – Wing G – Block Bandra – Kurla Complex Bandra (E, Ast), Mumbai, Maharashtra, India – 400051
  • Industry
    Metals and Minerals, Metal Retail & Distribution

To see the full contact details of Blue Ocean Steels LLP, buy the company report.

Comprehensive company report
Blue Ocean Steels LLP - 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 Steels operates one associated brand: Blue Ocean Steels. Each brand links to its own profile.

BrandDescriptionWebsite
Supply chain management for special steels, serving manufacturing sectors in India.blueoceansteels.com

Financials of Blue Ocean Steels LLP

FY 2025 filings available

Blue Ocean Steels LLP reported revenue of ₹221.62 Cr (up 42% YoY) for FY 2022.

Revenue · FY 2022
₹221.62 Cr ▲ 42%
Net profit · FY 2022
₹8.29 Cr margin 3.7%
EBITDA · FY 2022
₹2.46 Cr margin 1.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 206%
EBITDA CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 32%

Revenue has grown at a compounded annual rate (CAGR) of 206% over three years, including 42% growth in the latest year. EBITDA fell 98% 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

Statement of Account and SolvencyFY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹8.29 Cr
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin3.7%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Blue Ocean Steels LLP, buy the company report.

Designated partners of Blue Ocean Steels LLP

Blue Ocean Steels has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Karan Umesh DharnidharkaDesignated Partner25 Jun 20188 Years 4 MonthsCurrent
Rakesh Brijmohan AgrawalDesignated Partner25 Jun 20188 Years 4 MonthsCurrent
Pankaj JainDesignated Partner01 Aug 20197 Years 2 MonthsCurrent

Auditor

Blue Ocean Steels LLP is audited by GIRISH GAWADE & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
GIRISH GAWADE & COFY 2021139226W

Charges & borrowings

Open charges
₹47 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹47.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Jan 2020100317982Hdfc Bank Limited₹11 CrOpen
02 Jan 2019100228010Hdfc Bank Limited₹36 CrOpen

To see the full charge records of Blue Ocean Steels LLP, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Blue Ocean Steels LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Blue Ocean Steels LLP has a workforce of 27 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
27
Active EPFO establishments
1
Employee growth
35%

GST

Blue Ocean Steels has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AATFB6959Q1Z7MaharashtraActive31 Aug 2018
20AATFB6959Q1ZLJharkhandActive12 Apr 2019

To see the full GST registrations and return filing status of Blue Ocean Steels LLP, buy the company report.

Recent activity

Blue Ocean Steels LLP has 4 designated partner changes on record since 2018: 3 appointments and 1 cessation. The latest: Pankaj Jain was appointed as Designated Partner on 01 Aug 2019.

AGM
Blue Ocean Steels Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Blue Ocean Steels Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited of Rs. 3,600.00 Lakh registered on 02 Jan 2019 with Charge ID 100228010 was modified on 17 May 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 1,100.00 Lakh registered on 04 Jan 2020 with Charge ID 100317982 was modified on 01 Apr 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,100.00 Lakh with Charge ID 100317982 was registered on 04 Jan 2020.
Appointed
Pankaj Jain was appointed as Designated Partner.
Ceased
Pankaj Jain ceased to be Partner.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3,600.00 Lakh with Charge ID 100228010 was registered on 02 Jan 2019.
Appointed
Karan Umesh Dharnidharka was appointed as Designated Partner.
Appointed
Rakesh Brijmohan Agrawal was appointed as Designated Partner.
Incorporation
25 Jun 2018
Blue Ocean Steels Llp was registered on 25 Jun 2018 with Roc Mumbai I & aged 8 years 4 months as per MCA records.

Frequently asked questions

Blue Ocean Steels is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 25 June 2018 (8+ years old) and is registered under LLPIN AAM-8636.

Blue Ocean Steels has 3 current designated partners:

The latest financial statements of Blue Ocean Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Blue Ocean Steels is 27AATFB6959Q1Z7, registered in Maharashtra. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 20AATFB6959Q1ZL (Jharkhand).

The LLPIN (Limited Liability Partnership Identification Number) of Blue Ocean Steels is AAM-8636. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Blue Ocean Steels has 3 court cases on record: 3 filed by the LLP. 3 are pending.

Blue Ocean Steels was incorporated on 25 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

Pankaj Jain was appointed as Designated Partner on 01 Aug 2019. Pankaj Jain ceased to be Partner on 31 Jul 2019. Karan Umesh Dharnidharka was appointed as Designated Partner on 25 Jun 2018. Blue Ocean Steels has 4 designated partner changes on record in total.

Blue Ocean Steels can be reached through the website blueoceansteels.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Blue Ocean Steels is at 1209 One BKC C – Wing G – Block Bandra – Kurla Complex Bandra E, Ast, Mumbai, Maharashtra, India – 400051.