MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0043560
Ocean Care Forwarders Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.83 Cr
▲ 38% YoY
Net profit · FY 2024
₹21.43 Lakh
Net margin 5.6%
EBITDA · FY 2024
₹38.56 Lakh
EBITDA margin 10.1%
Authorised capital
₹9 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Ocean Care Forwarders Private Limited
Data last updated:
Ocean Care Forwarders Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 27 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63013KA2010PTC053394. Its GSTIN is 29AABCO2868A1ZJ (Karnataka).
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Pashupathi Chakrapani Suresh and Chevan Vishnu Giri.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.83 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹21.43 Lakh (net margin 5.6%) and EBITDA of ₹38.56 Lakh (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 11% over five years.
The company is associated with 1 brand: OceanCare Forwarders. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 3 cases are pending.
Ocean Care Forwarders Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0043560). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oceancare.in.
Company details
CIN U63013KA2010PTC053394
Registration Number 053394
Incorporation Date 27 April 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0043560
Recognitions & Rankings of Ocean Care Forwarders
Contact details
Ocean Care Forwarders Private Limited's registered office is in Bangalore, Karnataka. Its website is oceancare.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 714 2nd A Cross 7th Main Hrbr Layout, 1st Block Kalyan Nagar, Bangalore, Karnataka, India – 560043
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Ocean Care Forwarders Private Limited, buy the company report.
Comprehensive company report
Ocean Care Forwarders 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
Ocean Care Forwarders operates one associated brand: OceanCare Forwarders. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers air, land, ocean freight and relocation services to businesses worldwide. | oceancare.in |
Business activity
The main business activity of Ocean Care Forwarders is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Ocean Care Forwarders Private Limited, buy the company report.
Financials of Ocean Care Forwarders Private Limited
FY 2025 filings availableOcean Care Forwarders Private Limited reported revenue of ₹3.83 Cr (up 38% YoY) for FY 2024.
Revenue · FY 2024
₹3.83 Cr ▲ 38%
Net profit · FY 2024
₹21.43 Lakh margin 5.6%
EBITDA · FY 2024
₹38.56 Lakh margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 16%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▲ 23%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 38% growth in the latest year. EBITDA fell 84% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹38.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.43 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 10.1% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ocean Care Forwarders Private Limited, buy the company report.
Board of directors of Ocean Care Forwarders Private Limited
Ocean Care Forwarders has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pashupathi Chakrapani Suresh | Director | 27 Apr 2010 | 16 Years 6 Months | Current |
| Chevan Vishnu Giri | Director | 25 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Ocean Care Forwarders Private Limited is audited by R BADARI NATH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R BADARI NATH & CO | FY 2020 | 004830S |
Shareholding
The shareholding of Ocean Care Forwarders Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ocean Care Forwarders Private Limited, buy the company report.
Legal cases
Ocean Care Forwarders Private Limited has 5 court cases on record: 2 filed by Ocean Care Forwarders, 3 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Indostar Capital Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Aditya Birla Finance Ltd | Disposed |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Rattanindia Finance Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
| High Court | Writ petition | Filed by the company against Joint Commissioner of Central Tax, | Pending |
To see the full case history of Ocean Care Forwarders 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ocean Care Forwarders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ocean Care Forwarders has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCO2868A1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ocean Care Forwarders Private Limited, buy the company report.
Recent activity
Ocean Care Forwarders Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Chevan Vishnu Giri was appointed as Director on 25 Jul 2025.
AGM
Ocean Care Forwarders Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Chevan Vishnu Giri was appointed as Director.
Filing
Ocean Care Forwarders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Nagamani Suresh ceased to be Additional Director.
Ceased
Bavikeri Manappa Girish Hegde ceased to be Director.
Appointed
Nagamani Suresh was appointed as Director.
Appointed
Pashupathi Chakrapani Suresh was appointed as Director.
Incorporation
27 Apr 2010
Ocean Care Forwarders Private Limited was registered on 27 Apr 2010 with Roc Bangalore & aged 16 years 6 months as per MCA records.
Frequently asked questions
Ocean Care Forwarders is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 27 April 2010 (16+ years old) and is registered under CIN U63013KA2010PTC053394.
Ocean Care Forwarders has 2 current directors:
- Pashupathi Chakrapani Suresh - Director
- Chevan Vishnu Giri - Director
The latest financial statements of Ocean Care Forwarders on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ocean Care Forwarders is 29AABCO2868A1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Ocean Care Forwarders is U63013KA2010PTC053394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocean Care Forwarders has 5 court cases on record: 2 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Ocean Care Forwarders was incorporated on 27 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Chevan Vishnu Giri was appointed as Director on 25 Jul 2025. Nagamani Suresh ceased to be Additional Director on 30 Sep 2015. Bavikeri Manappa Girish Hegde ceased to be Director on 10 Dec 2014. Ocean Care Forwarders has 5 board changes on record in total.
Yes, Ocean Care Forwarders is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0043560).
Ocean Care Forwarders can be reached through the website oceancare.in. Its registered office is in Bangalore, Karnataka, India.
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