Ocean Petro Specialities Private Limited

Ocean Petro Specialities Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U23209MH1996PTC101354 Incorporated 24 July 1996 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials MSME · Micro
Revenue · FY 2024
₹25.27 Lakh
▲ 209% YoY
Net loss · FY 2024
₹3.71 Lakh
Net margin -14.7%
EBITDA · FY 2024
-₹1.7 Lakh
EBITDA margin -6.7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Satisfied charges
₹7.59 Lakh
No open charges
Company age
30 yrs
Est. 1996
Directors on board
4
As per MCA filings

About Ocean Petro Specialities Private Limited

Data last updated:

Ocean Petro Specialities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 24 July 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23209MH1996PTC101354. Its GSTIN is 27AAACO1226B1Z4 (Maharashtra).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Bina Atul Shah and Harshal Atul Shah.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹25.27 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.71 Lakh (net margin -14.7%) and EBITDA of -₹1.7 Lakh (EBITDA margin -6.7%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 15% over five years.

As per MCA filings, the company has satisfied charges of ₹7.59 Lakh on record.

Ocean Petro Specialities Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0220771). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U23209MH1996PTC101354
Registration Number 101354
Incorporation Date 24 July 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0220771
Key People
Bina Atul Shah Director Harshal Atul Shah Director Rashi Harshal Shah Director

Recognitions & Rankings of Ocean Petro Specialities

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0220771

Contact details

Ocean Petro Specialities Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A – 301 Kent Residency Chs Ltd Eksar Road Opp. Mayur Tower Borivali – W, Est, Mumbai, Maharashtra, India – 400092
  • Industry
    Chemicals and Materials, Petrochemicals & Derivatives

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

Comprehensive company report
Ocean Petro Specialities 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 Petro Specialities is manufacturing. In detail, this covers coke and refined petroleum products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC5Coke and refined petroleum products

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

Financials of Ocean Petro Specialities Private Limited

FY 2024 filings available

Ocean Petro Specialities Private Limited reported revenue of ₹25.27 Lakh (up 209% YoY) for FY 2024.

Revenue · FY 2024
₹25.27 Lakh ▲ 209%
Net loss · FY 2024
₹3.71 Lakh margin -14.7%
EBITDA · FY 2024
-₹1.7 Lakh margin -6.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 209%
3 years · compounded
▼ 13%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 148%
3 years · compounded
▲ 55%
5 years · compounded
▼ 18%

Revenue rose 209% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA fell 148% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹1.7 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.71 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-6.7%
Net Profit Margin-14.7%
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 Petro Specialities Private Limited, buy the company report.

Board of directors of Ocean Petro Specialities Private Limited

Ocean Petro Specialities has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bina Atul Shah
Also directs: Transasia Petrochem Private Limited
Director01 Apr 20233 Years 7 MonthsCurrent
Harshal Atul Shah
Also directs: Transasia Petrochem Private Limited
Director01 Apr 20233 Years 7 MonthsCurrent
Rashi Harshal Shah
Also directs: Transasia Petrochem Private Limited
Director01 Dec 20169 Years 11 MonthsCurrent
Atul Bhaichand Shah
Also directs: Transasia Petrochem Private Limited
Director24 Jul 199630 Years 3 MonthsCurrent
View all directors

Auditor

Ocean Petro Specialities Private Limited is audited by Sandeep Desai & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Sandeep Desai & Co.FY 2022146481W

Shareholding

The shareholding of Ocean Petro Specialities Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
None
Satisfied charges
₹7.59 Lakh
Breakdown by lending institutions
United Bank of India₹0.08 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Feb 200910153710United Bank of India₹7.59 LakhSatisfied

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

Total charge records: 1 View all charges

MSME payment delays

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

GST

Ocean Petro Specialities has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACO1226B1Z4MaharashtraActive01 Jul 2017

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

Recent activity

Ocean Petro Specialities Private Limited has 7 board changes on record since 1996: 4 appointments and 3 cessations. The latest: Bina Atul Shah was appointed as Director on 01 Apr 2023.

AGM
Ocean Petro Specialities Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ocean Petro Specialities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Bina Atul Shah was appointed as Director.
Appointed
Harshal Atul Shah was appointed as Director.
Appointed
Rashi Harshal Shah was appointed as Director.
Ceased
Virendra Bhaichand Shah ceased to be Director.
Ceased
Harshal Atul Shah ceased to be Director.
Charges
A charge registered on 24 Feb 2009 via Charge ID 10153710 with United Bank Of India was fully satisfied on 27 Oct 2012.
Charges
A charge with United Bank Of India amounted to Rs. 7.59 Lakh with Charge ID 10153710 was registered on 24 Feb 2009.
Ceased
Harshkumar Rajendra Shah ceased to be Director.
Appointed
Atul Bhaichand Shah was appointed as Director.
Incorporation
24 Jul 1996
Ocean Petro Specialities Private Limited was registered on 24 Jul 1996 with Roc Mumbai & aged 30 years 3 months as per MCA records.

Frequently asked questions

Ocean Petro Specialities is an active private limited company based in Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 24 July 1996 (30+ years old) and is registered under CIN U23209MH1996PTC101354.

Ocean Petro Specialities has 4 current directors:

The latest financial statements of Ocean Petro Specialities 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 2015 are in the company report.

The GSTIN of Ocean Petro Specialities is 27AAACO1226B1Z4, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ocean Petro Specialities is U23209MH1996PTC101354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ocean Petro Specialities was incorporated on 24 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.

Bina Atul Shah was appointed as Director on 01 Apr 2023. Harshal Atul Shah was appointed as Director on 01 Apr 2023. Rashi Harshal Shah was appointed as Director on 01 Dec 2016. Ocean Petro Specialities has 7 board changes on record in total.

Yes, Ocean Petro Specialities is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0220771).

The registered office of Ocean Petro Specialities is at A – 301 Kent Residency Chs Ltd Eksar Road Opp. Mayur Tower Borivali – W, Est, Mumbai, Maharashtra, India – 400092.

Ocean Petro Specialities operates in the chemicals and materials industry, in the petrochemicals and derivatives segment.