Ocean Ispat Private Limited
About Ocean Ispat Private Limited
Data last updated:
Ocean Ispat Private Limited is a private limited company based in Baba Bakala, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 27 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74899PB1994PTC052941.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.46 Cr. It was formerly known as Ocean Ispat Dmm Private Limited. It is led by directors Kanha Agarwal and Manoj Kumar Pandia.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Darjiyan Wali Gali Rayya, Baba Bakala, Punjab, India – 143112.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.56 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹29,180 (net margin 1.6%) and EBITDA of ₹1.36 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 246% over three years and 36% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ocean Ispat has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74899PB1994PTC052941, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899PB1994PTC052941 | Current |
| U74899HR1994PTC038759 | Previous |
| U74899DL1994PTC058661 | Previous |
Contact details
Ocean Ispat Private Limited's registered office is in Baba Bakala, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDarjiyan Wali Gali Rayya, Baba Bakala, Punjab, India – 143112
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ocean Ispat 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
Financials of Ocean Ispat Private Limited
FY 2024 filings availableOcean Ispat Private Limited reported revenue of ₹18.56 Lakh (down 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 76% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 51% 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 | ₹1.36 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹29,180 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ocean Ispat Private Limited, buy the company report.
Board of directors of Ocean Ispat Private Limited
Ocean Ispat has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanha Agarwal | Director | 31 Dec 2015 | 10 Years 9 Months | Current |
| Manoj Kumar Pandia Also directs: Prakash Softwell Private Limited, Style Tradex Private Limited | Director | 21 May 2012 | 14 Years 5 Months | Current |
Peer comparison
Ocean Ispat Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jagdamba Marbles Ltd. | ₹18.61 Lakh (FY 2022) | -14.0% | Road, Banswara, Rajasthan, India | |||
| Seenwa Steel (India) Private Limited | ₹18.59 Lakh (FY 2025) | -65.0% | Thane, Maharashtra, India | |||
| Ocean Ispat Private Limitedthis company | ₹18.56 Lakh (FY 2025) | ₹29,180 | 1.6% | -76.0% | Baba Bakala, Punjab, India | |
| G.P. Global Industries Private Limited | ₹18.53 Lakh (FY 2024) | -6.0% | Raipur, Chhattisgarh, India | |||
| Weellow Enterprise Private Limited | ₹18.36 Lakh (FY 2025) | -76.0% | Navsari, Gujarat, India |
To see the full peer comparison of Ocean Ispat Private Limited, buy the company report.
Auditor
Ocean Ispat Private Limited is audited by WDK & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WDK & ASSOCIATES | FY 2022 | 016389N |
Shareholding
The shareholding of Ocean Ispat 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 Ispat Private Limited, buy the company report.
Legal cases
Ocean Ispat Private Limited has 2 court cases on record: 1 filed by Ocean Ispat, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Company petition | Filed against the company by Deo Steel & Mines Pvt Ltd | Disposed |
| High Court | Writ petition | Filed by the company against State | Disposed |
To see the full case history of Ocean Ispat 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 Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ocean Ispat Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ocean Ispat Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Mohini Agarwal ceased to be Director on 05 Aug 2017.
Frequently asked questions
Ocean Ispat is an active private limited company based in Baba Bakala, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 27 April 1994 (32+ years old) and is registered under CIN U74899PB1994PTC052941.
Ocean Ispat has 2 current directors:
- Kanha Agarwal - Director
- Manoj Kumar Pandia - Director
The latest financial statements of Ocean Ispat on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ocean Ispat is U74899PB1994PTC052941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocean Ispat has 2 court cases on record: 1 filed by the company and 1 filed against it.
Ocean Ispat was incorporated on 27 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Ocean Ispat by revenue are Jagdamba Marbles Ltd, Seenwa Steel (India) Private Limited, G.P. Global Industries Private Limited, Weellow Enterprise Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Mohini Agarwal ceased to be Director on 05 Aug 2017. Sanjay Jain ceased to be Director on 02 Feb 2016. Kanha Agarwal was appointed as Director on 31 Dec 2015. Ocean Ispat has 8 board changes on record in total.
The registered office of Ocean Ispat is at Darjiyan Wali Gali Rayya, Baba Bakala, Punjab, India – 143112.
Ocean Ispat operates in the metals and minerals industry, in the steel manufacturing and processing segment.
The compliance status of Ocean Ispat is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.