- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-27-0006418

About Ocean Blue Boating Private Limited
Data last updated:
Ocean Blue Boating Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipbroking and shipping agency services segment of the transport and logistics sector. It was incorporated on 25 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35120MH2004PTC149685. Its GSTIN is 27AAECA9861A1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1.78 Lakh. It was formerly known as Aquasail Yachts and Powerboats Private Limited. It is led by directors Malav Rodhan Shroff and Aditya Sudhakar Chavan.
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 239 Rupam Building 2nd Floor P D'Mello Road, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.03 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Cr (net margin 5%) and EBITDA of ₹5.97 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 8% over five years.
The company has about 26 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹17.08 Cr and satisfied charges of ₹11.79 Lakh on record. Court records list 21 cases involving the company, including 16 filed by the company and 5 filed against it; 7 cases are pending.
Ocean Blue Boating Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0006418). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oceanblue.in.
Company details
Recognitions & Rankings of Ocean Blue Boating
Contact details
Ocean Blue Boating Private Limited's registered office is in Mumbai, Maharashtra. Its website is oceanblue.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address239 Rupam Building 2nd Floor P D'Mello Road, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Shipbroking & Shipping Agency Services
To see the full contact details of Ocean Blue Boating 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 activities of Ocean Blue Boating are trade and professional, scientific and technical. In detail, this covers retail trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Ocean Blue Boating Private Limited, buy the company report.
Financials of Ocean Blue Boating Private Limited
FY 2024 filings availableOcean Blue Boating Private Limited reported revenue of ₹38.03 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 110% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.97 Cr | ||||
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| Net Profit (PAT) | ₹1.9 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Ocean Blue Boating Private Limited, buy the company report.
Board of directors of Ocean Blue Boating Private Limited
Ocean Blue Boating has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malav Rodhan Shroff | Director | 01 Jan 2007 | 19 Years 10 Months | Current |
| Aditya Sudhakar Chavan | Director | 26 May 2025 | 1 Years 5 Months | Current |
Auditor
Ocean Blue Boating Private Limited is audited by S A R A & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A R A & ASSOCIATES | FY 2023 | 120927W |
Shareholding
The shareholding of Ocean Blue Boating 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 Ocean Blue Boating Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2022 | 100670093 | Axis Bank Limited | ₹15.76 Cr | Open | |
| 03 Dec 2016 | 100064758 | Hdfc Bank Limited | ₹1.32 Cr | Open | |
| 04 Jul 2013 | 10437922 | The Zoroastrian Co-Operative Bank Limited | ₹11.79 Lakh | Satisfied |
To see the full charge records of Ocean Blue Boating Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ocean Blue Boating Private Limited has 21 court cases on record: 16 filed by Ocean Blue Boating, 5 filed against it. 7 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 5 | 7 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Heli India Pvt. Ltd. and 1 other | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Krasny Defence Technologies Ltd | Disposed |
| High Court, MAHARASHTRA | Court case (S) | Filed by the company against Omtech Chemical Industries Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Heli India Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Heli India Pvt. Ltd. and Anr. | Disposed |
To see the full case history of Ocean Blue Boating Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Ocean Blue Boating Private Limited was last rated by Crisil on 28 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Sep 2020 |
To see the full credit ratings and regulatory alerts of Ocean Blue Boating Private Limited, buy the company report.
MSME payment delays
Ocean Blue Boating Private Limited has 9 MSME Form 1 returns on record between 2016 and 2024, listing 99 overdue payments to 31 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Container Marine Agencies Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ocean Blue Boating Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ocean Blue Boating has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ocean Blue Boating Andaman Private Limited | U52311MH2005PTC157760 | |
| Ocean Blue Marinas and Boat Haven Private Limited | U61200MH2007PTC170873 | |
| Ocean Blue Boating Services Private Limited | U92400MH2007PTC170745 |
To see the full group structure of Ocean Blue Boating Private Limited, buy the company report.
Employees & EPFO
Ocean Blue Boating Private Limited has a workforce of 26 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Ocean Blue Boating has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA9861A1ZR | Maharashtra | Active | 01 Jul 2017 |
| 23AAECA9861A1ZZ | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ocean Blue Boating Private Limited, buy the company report.
Recent activity
Ocean Blue Boating Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Aditya Sudhakar Chavan ceased to be Additional Director on 29 Sep 2025.
8 earlier events are in the company report.
Frequently asked questions
Ocean Blue Boating is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipbroking and shipping agency services, within the transport and logistics industry. It was incorporated on 25 November 2004 (22+ years old) and is registered under CIN U35120MH2004PTC149685.
Ocean Blue Boating has 2 current directors:
- Malav Rodhan Shroff - Director
- Aditya Sudhakar Chavan - Director
The latest financial statements of Ocean Blue Boating 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 Ocean Blue Boating is 27AAECA9861A1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAECA9861A1ZZ (Madhya Pradesh).
The CIN (Corporate Identification Number) of Ocean Blue Boating is U35120MH2004PTC149685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocean Blue Boating has 21 court cases on record: 16 filed by the company and 5 filed against it. 7 are pending. Most are in the district courts.
Ocean Blue Boating was incorporated on 25 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Aditya Sudhakar Chavan ceased to be Additional Director on 29 Sep 2025. Aditya Sudhakar Chavan was appointed as Director on 26 May 2025. Pradeep Sharma ceased to be Additional Director on 30 Sep 2022. Ocean Blue Boating has 11 board changes on record in total.
Yes, Ocean Blue Boating is registered as a small enterprise under Udyam registration (number: UDYAM-MH-27-0006418).
Ocean Blue Boating has 9 MSME Form 1 returns on record between 2016 and 2024, listing 99 overdue payments to 31 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Ocean Blue Boating can be reached through the website oceanblue.in. Its registered office is in Mumbai, Maharashtra, India.

