Ocean Cans Private Limited
About Ocean Cans Private Limited
Data last updated:
Ocean Cans Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 23 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28999MH2020PTC340925. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bipin Jaywant Wadekar and Milind Jaywant Wadekar.
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 Sy No 364/2 Wadekar Compound (Wada) Tal Wada, Palghar, Maharashtra, India – 421303.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.45 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹30,269 (net margin -20.9%) and EBITDA of -₹14,127 (EBITDA margin -9.7%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.
As per MCA filings, the company has open charges of ₹1.1 Cr on record.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSy No 364/2 Wadekar Compound (Wada) Tal Wada, Palghar, Maharashtra, India – 421303
- IndustryPackaging, Bottle & Cap Manufacturing
- 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 Ocean Cans Private Limited FY 2024 filings available
Ocean Cans Private Limited reported revenue of ₹1.45 Lakh (down 75% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ocean Cans Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 69% over three years, including a 75% fall in the latest year. EBITDA fell 126% 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 Ocean Cans Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹14,127 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹30,269 | •••• | •••• | •••• |
| 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 Ocean Cans Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -9.7% | •••• | •••• | •••• |
| Net Profit Margin | -20.9% | •••• | •••• | •••• |
| 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 Ocean Cans are in the company report.
Financial statements from FY 2021
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.
Peer Comparison of Ocean Cans Private Limited
Ocean Cans Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Bottles and Caps). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ecoop Lifestyle Private Limited | ₹2.21 Lakh (FY 2024) | •••• | •••• | 157.0% | •••• | Thane, Maharashtra, India |
| Alcap Containers Private Limited | ₹2.09 Lakh (FY 2019) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Speciality Cans India Private Limited | ₹2.01 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Vasai, Maharashtra, India |
| Aegis Ampoules and Vials Limited | ₹1.98 Lakh (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Regal Packaging Private Limited | ₹1.7 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Maharashtra, India |
| Ocean Cans Private Limited this company | ₹1.45 Lakh (FY 2024) | •••• | •••• | -75.0% | •••• | Palghar, Maharashtra, India |
| Ridam Polymers Private Limited | ₹1.37 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Jaipur, Rajasthan, India |
| Udyan Bio-Tech India Private Limited | ₹1.32 Lakh (FY 2025) | •••• | •••• | •••• | Hisar, Haryana, India | |
| United Glass Bottles Manufacturing Company Private Limited | ₹1.29 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Tin Craft Private Limited | ₹1.27 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Delhi, India |
| Pearl Containers Private Limited | ₹1.24 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Ocean Cans by revenue in the Packaging industry (Bottles and Caps), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ocean Cans Private Limited
Ocean Cans Private Limited is audited by KPGA AND ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KPGA AND ASSOCIATES LLP | 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 Ocean Cans Private Limited
Ocean Cans has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bipin Jaywant Wadekar Also directs: Prolific Technotricks India Private Limited | Director | 23 Jun 2020 | 6 Years 3 Months | Current |
| Milind Jaywant Wadekar | Director | 23 Jun 2020 | 6 Years 3 Months | Current |
| Saumitra Atul Bhatkhalkar | Director | 23 Jun 2020 | 6 Years 3 Months | Current |
| Vikas Sheth Jashvantrai | Director | 23 Jun 2020 | 6 Years 3 Months | Current |
Ownership and Shareholding of Ocean Cans 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 Ocean Cans Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2021 | Hdfc Bank Limited | ₹1.1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ocean Cans Private Limited
Ocean Cans Private Limited has a workforce of 0 employees as of Apr 08, 2024.
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.
Recent Activity on Ocean Cans Private Limited
Ocean Cans Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Bipin Jaywant Wadekar was appointed as Director on 23 Jun 2020.
Credit Ratings, Litigation & Regulatory Alerts for Ocean Cans 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 Ocean Cans 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 Ocean Cans 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 Ocean Cans Private Limited
Ocean Cans has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Ocean Cans 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 Ocean Cans Private Limited
Ocean Cans is an active private limited company based in Palghar, Maharashtra, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 23 June 2020 (6+ years old) and is registered under CIN U28999MH2020PTC340925.
Ocean Cans reported revenue of ₹1.45 Lakh for FY 2024 (down 75% YoY).
Ocean Cans has 4 current directors:
- Bipin Jaywant Wadekar - Director
- Milind Jaywant Wadekar - Director
- Saumitra Atul Bhatkhalkar - Director
- Vikas Sheth Jashvantrai - Director
Ocean Cans reported a net loss of ₹30,269 (net margin -20.9%) and EBITDA of -₹14,127 (EBITDA margin -9.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ocean Cans is -69% over three years. In the latest year (FY 2024) revenue fell 75%. CAGR is the steady yearly rate that links the first and the last year.
No. Ocean Cans has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ocean Cans is U28999MH2020PTC340925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocean Cans was incorporated on 23 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ocean Cans by revenue are Ecoop Lifestyle Private Limited, Alcap Containers Private Limited, Speciality Cans India Private Limited, Aegis Ampoules and Vials Limited, Regal Packaging Private Limited and 5 more, all in the Packaging industry (Bottles and Caps).
Bipin Jaywant Wadekar was appointed as Director on 23 Jun 2020. Milind Jaywant Wadekar was appointed as Director on 23 Jun 2020. Saumitra Atul Bhatkhalkar was appointed as Director on 23 Jun 2020. Ocean Cans has 4 board changes on record in total.
The registered office of Ocean Cans is at Sy No 3642 Wadekar Compound Wada Tal Wada, Palghar, Maharashtra, India – 421303.