Ocean Extrusions Private Limited

Ocean Extrusions Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U51909GJ2013PTC077707 Incorporated 02 December 2013 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Micro
Data last updated
Revenue · FY 2022
₹3.64 Cr
▼ 19% YoY
Net profit · FY 2022
₹2.99 Lakh
Net margin 0.8%
EBITDA · FY 2022
₹51.81 Lakh
EBITDA margin 14.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹3.5 Cr
Satisfied ₹5.06 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
30
Provident fund records

About Ocean Extrusions Private Limited

Data last updated:

Ocean Extrusions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 02 December 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2013PTC077707. Its GSTIN is 24AABCO9372R1ZP (Gujarat).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Dipakbhai Bharatbhai Kavathiya and Pragnesh Manharbhai Ramanuj.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No .01 Survey No – 325 B/H Jalaram Saw Mill Taluka – Daskroi Village – Kujad, Ahmedabad, Gujarat, India – 382430.

As per the financials filed for FY 2022, the company reported a revenue of ₹3.64 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.99 Lakh (net margin 0.8%) and EBITDA of ₹51.81 Lakh (EBITDA margin 14.2%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 16% over five years.

The company has about 30 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹5.06 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 1 case is pending.

Ocean Extrusions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0020495). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oceanextrusions.com.

Company details

CIN U51909GJ2013PTC077707
Registration Number 077707
Incorporation Date 02 December 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0020495
Key People
Pragnesh Manharbhai Ramanuj Additional Director Dipakbhai Bharatbhai Kavathiya Director Vikas Rameshbhai Gondaliya Additional Director

Recognitions & Rankings of Ocean Extrusions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-GJ-01-0020495

Contact details

Ocean Extrusions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is oceanextrusions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    oceanextrusions.com
  • Social Media
  • Registered Address
    Plot No .01 Survey No – 325 B/H Jalaram Saw Mill Taluka – Daskroi Village – Kujad, Ahmedabad, Gujarat, India – 382430
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Ocean Extrusions Private Limited, buy the company report.

Comprehensive company report
Ocean Extrusions 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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Business activity

The main business activity of Ocean Extrusions is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Ocean Extrusions Private Limited, buy the company report.

Financials of Ocean Extrusions Private Limited

FY 2022 filings available

Ocean Extrusions Private Limited reported revenue of ₹3.64 Cr (down 19% YoY) for FY 2022.

Revenue · FY 2022
₹3.64 Cr ▼ 19%
Net profit · FY 2022
₹2.99 Lakh margin 0.8%
EBITDA · FY 2022
₹51.81 Lakh margin 14.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 34%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 4%
5 years · compounded
▼ 3%

Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 19% fall in the latest year. EBITDA fell 8% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹51.81 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.99 Lakh
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin14.2%
Net Profit Margin0.8%
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

To see the full financial statements and ratios of Ocean Extrusions Private Limited, buy the company report.

Board of directors of Ocean Extrusions Private Limited

Ocean Extrusions has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pragnesh Manharbhai RamanujAdditional Director01 Mar 20215 Years 8 MonthsCurrent
Dipakbhai Bharatbhai Kavathiya
Also directs: Pinnacle Health Network Services Private Limited
Director01 Sep 20242 Years 2 MonthsCurrent
Vikas Rameshbhai Gondaliya
Also directs: Shedx Peb LLP, Prox Steel Hub LLP
Additional Director12 Sep 20215 Years 1 MonthsCurrent
View all directors

Auditor

Ocean Extrusions Private Limited is audited by MAULIK TRIVEDI & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
MAULIK TRIVEDI & ASSOCIATESFY 2021143493W

Shareholding

The shareholding of Ocean Extrusions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ocean Extrusions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.5 Cr
Satisfied charges
₹5.06 Cr
Breakdown by lending institutions
Others₹3.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Sep 2020100370556Others₹50.37 LakhOpen
01 Oct 2019100295573Others₹3 CrOpen
08 May 201410496585Indian Overseas Bank₹2.91 CrSatisfied
01 May 201410496587Indian Overseas Bank₹2.15 CrSatisfied

To see the full charge records of Ocean Extrusions Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

Employees & EPFO

Ocean Extrusions Private Limited has a workforce of 30 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
30
Active EPFO establishments
1
Employee growth
-11.76%

GST

Ocean Extrusions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCO9372R1ZPGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Ocean Extrusions Private Limited, buy the company report.

Recent activity

Ocean Extrusions Private Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Dipakbhai Bharatbhai Kavathiya ceased to be Additional Director on 29 Sep 2024.

Ceased
Dipakbhai Bharatbhai Kavathiya ceased to be Additional Director.
Ceased
Bhaveshbhai Manharbhai Ramanuj ceased to be Director.
Appointed
Dipakbhai Bharatbhai Kavathiya was appointed as Director.
AGM
Ocean Extrusions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Ocean Extrusions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Appointed
Vikas Rameshbhai Gondaliya was appointed as Additional Director.
Ceased
Mrunal Krishnakant Ramanuj ceased to be Director.
Appointed
Pragnesh Manharbhai Ramanuj was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100370556 was registered on 10 Sep 2020.
Charges
A charge with Others of Rs. 3.00 Cr registered on 01 Oct 2019 with Charge ID 100295573 was modified on 16 Dec 2019.
Charges
A charge registered on 08 May 2014 via Charge ID 10496585 with Indian Overseas Bank was fully satisfied on 24 Oct 2019.
Charges
A charge registered on 01 May 2014 via Charge ID 10496587 with Indian Overseas Bank was fully satisfied on 24 Oct 2019.

7 earlier events are in the company report.

Frequently asked questions

Ocean Extrusions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 02 December 2013 (13+ years old) and is registered under CIN U51909GJ2013PTC077707.

Ocean Extrusions has 3 current directors:

The latest financial statements of Ocean Extrusions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Ocean Extrusions is 24AABCO9372R1ZP, registered in Gujarat.

The CIN (Corporate Identification Number) of Ocean Extrusions is U51909GJ2013PTC077707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ocean Extrusions has 9 court cases on record: 9 filed against it. 1 is pending.

Ocean Extrusions was incorporated on 02 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Dipakbhai Bharatbhai Kavathiya ceased to be Additional Director on 29 Sep 2024. Bhaveshbhai Manharbhai Ramanuj ceased to be Director on 14 Sep 2024. Dipakbhai Bharatbhai Kavathiya was appointed as Director on 01 Sep 2024. Ocean Extrusions has 8 board changes on record in total.

Yes, Ocean Extrusions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0020495).

Ocean Extrusions can be reached through the website oceanextrusions.com. Its registered office is in Ahmedabad, Gujarat, India.