Ocean Estates India Private Limited
About Ocean Estates India Private Limited
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Ocean Estates India Private Limited is a private limited company based in Dakshina Kannada, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 19 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2021PTC150871. Its GSTIN is 29AADCO5460E1ZF (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Mohammed Akeeb Ali and Mohammed Ali Ismail.
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 Flt No 701 D.No 15 – 21 – 1282/20 Atlantis Apartment Bendoorwell, Dakshina Kannada, Karnataka, India – 575002.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.3 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹11.05 Lakh (net margin 1.5%) and EBITDA of ₹34.93 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 228% over three years.
As per MCA filings, the company has open charges of ₹1.25 Cr on record.
Company details
Contact details
Ocean Estates India Private Limited's registered office is in Dakshina Kannada, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlt No 701 D.No 15 – 21 – 1282/20 Atlantis Apartment Bendoorwell, Dakshina Kannada, Karnataka, India – 575002
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ocean Estates India 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 activity of Ocean Estates India is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Ocean Estates India Private Limited, buy the company report.
Financials of Ocean Estates India Private Limited
FY 2024 filings availableOcean Estates India Private Limited reported revenue of ₹7.3 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 228% over three years, including 33% growth in the latest year. EBITDA rose 89% 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 |
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| EBITDA | ₹34.93 Lakh | |||
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| Net Profit (PAT) | ₹11.05 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 4.8% | |||
| Net Profit Margin | 1.5% | |||
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To see the full financial statements and ratios of Ocean Estates India Private Limited, buy the company report.
Board of directors of Ocean Estates India Private Limited
Ocean Estates India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Akeeb Ali | Director | 19 Aug 2021 | 5 Years 2 Months | Current |
| Mohammed Ali Ismail | Director | 19 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Ocean Estates India Private Limited is audited by MANOHAR CHOWDHRY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOHAR CHOWDHRY & ASSOCIATES | FY 2023 | 001997S |
Shareholding
The shareholding of Ocean Estates India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ocean Estates India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2024 | 100889150 | Others | ₹1 Cr | Open | |
| 12 Jan 2022 | 100566926 | Canara Bank | ₹25 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ocean Estates India 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 Ocean Estates India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ocean Estates India Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
GST
Ocean Estates India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCO5460E1ZF | Karnataka | Active | 04 Nov 2021 |
To see the full GST registrations and return filing status of Ocean Estates India Private Limited, buy the company report.
Recent activity
Ocean Estates India Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Mohammed Akeeb Ali was appointed as Director on 19 Aug 2021.
Frequently asked questions
Ocean Estates India is an active private limited company based in Dakshina Kannada, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 19 August 2021 (5+ years old) and is registered under CIN U70109KA2021PTC150871.
Ocean Estates India has 2 current directors:
- Mohammed Akeeb Ali - Director
- Mohammed Ali Ismail - Director
The latest financial statements of Ocean Estates India 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 FY 2022 are in the company report.
The GSTIN of Ocean Estates India is 29AADCO5460E1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Ocean Estates India is U70109KA2021PTC150871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocean Estates India was incorporated on 19 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Mohammed Akeeb Ali was appointed as Director on 19 Aug 2021. Mohammed Ali Ismail was appointed as Director on 19 Aug 2021.
The registered office of Ocean Estates India is at Flt No 701 D.No 15 – 21 – 128220 Atlantis Apartment Bendoorwell, Dakshina Kannada, Karnataka, India – 575002.
Ocean Estates India operates in the infrastructure and utilities industry, in the general construction services segment.
Ocean Estates India has open charges of ₹1.25 Cr and no satisfied charges on record as per latest MCA filings.