- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-13-0003759

About Ocean Polymer Technologies Private Limited
Data last updated:
Ocean Polymer Technologies Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 12 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U26100KL1994PTC008259. Its GSTIN is 32AAACF3314R1ZO (Kerala).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.21 Cr. It was formerly known as Ocean Chiles Industries Private Limited and Foster Marketing Co Pvt Ltd. It is led by directors Sheena Philip (Managing Director) and Philip Mulakkal.
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 Door No Xiv/30 Industrial Development Plot Athani, Thrissur, Kerala, India – 680581.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.93 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹23.66 Lakh (net margin 0.5%) and EBITDA of ₹2.33 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 250% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.32 Cr and satisfied charges of ₹90.52 Lakh on record. Court records list 26 cases involving the company, including 26 filed by the company; 19 cases are pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.82 Cr; the latest was in March 2021.
Ocean Polymer Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-13-0003759). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oceangroup.net.in.
Company details
Name history
Ocean Polymer Technologies has undergone 3 name changes throughout its history. The company was previously known as Ocean Chiles Industries Private Limited, Foster Marketing Co Pvt Ltd, and Chiles Ocean Industries Private Limited. The current legal name is Ocean Polymer Technologies Private Limited.
| Company Name | Status |
|---|---|
| Ocean Polymer Technologies Private Limited | Current |
| Ocean Chiles Industries Private Limited | Previous |
| Foster Marketing Co Pvt Ltd | Previous |
| Chiles Ocean Industries Private Limited | Previous |
CIN history
Ocean Polymer Technologies has one previous CIN (Corporate Identification Number): U52599KL1994PTC008259. The current CIN is U26100KL1994PTC008259, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26100KL1994PTC008259 | Current |
| U52599KL1994PTC008259 | Previous |
Recognitions & Rankings of Ocean Polymer Technologies
Contact details
Ocean Polymer Technologies Private Limited's registered office is in Thrissur, Kerala. Its website is oceangroup.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No Xiv/30 Industrial Development Plot Athani, Thrissur, Kerala, India – 680581
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Ocean Polymer Technologies 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 Polymer Technologies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ocean Polymer Technologies Private Limited, buy the company report.
Financials of Ocean Polymer Technologies Private Limited
FY 2025 filings availableOcean Polymer Technologies Private Limited reported revenue of ₹43.93 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 250%. EBITDA rose 13% 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 | ₹2.33 Cr | ||||
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| Net Profit (PAT) | ₹23.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Ocean Polymer Technologies Private Limited, buy the company report.
Board of directors of Ocean Polymer Technologies Private Limited
Ocean Polymer Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Philip Mulakkal Also directs: Sunshine Pipes Private Limited, Ocean Polymer Industries Private Limited, Mattom Welfare Kuries Private Limited and 2 more | Director | 25 Aug 2011 | 15 Years 2 Months | Current |
| Sheena Philip | Managing Director | 24 Nov 2011 | 14 Years 11 Months | Current |
Auditor
Ocean Polymer Technologies Private Limited is audited by Varma & Varma for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varma & Varma | FY 2023 | 004532S |
Shareholding
The shareholding of Ocean Polymer Technologies 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 Polymer Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2024 | 100987441 | The South Indian Bank Limited | ₹32 Lakh | Open | |
| 15 Dec 2020 | 100414385 | Axis Bank Limited | ₹15 Cr | Open | |
| 16 Dec 2021 | 100521126 | Axis Bank Limited | ₹5.49 Lakh | Satisfied | |
| 06 Feb 2009 | 10166787 | Thrissur District Co Operative Bank Limited | ₹75 Lakh | Satisfied | |
| 29 Nov 2002 | 90018907 | Canara Bank | ₹10.03 Lakh | Satisfied |
To see the full charge records of Ocean Polymer Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ocean Polymer Technologies Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.82 Cr; the latest was in March 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Funding round | ₹7.23 Cr | Investors: 4 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Aug 2011 | Funding round | ₹59.7 Lakh | Investors: 4 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Ocean Polymer Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ocean Polymer Technologies Private Limited has 26 court cases on record: 26 filed by Ocean Polymer Technologies. 19 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 0 | 19 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pathanamthitta, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Pathanamthitta, Kerala | Civil suit | Filed by the company against Salim A Proprietor A S Traders | Pending |
| District court, Pathanamthitta, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Pathanamthitta, Kerala | Civil suit | Filed by the company against Bethel Enterprises Proprietor Rajesh R | Pending |
| District court, Pathanamthitta, Kerala | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Ocean Polymer Technologies 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 Polymer Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ocean Polymer Technologies Private Limited has a workforce of 32 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ocean Polymer Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACF3314R1ZO | Kerala | Active | 06 Mar 2020 |
To see the full GST registrations and return filing status of Ocean Polymer Technologies Private Limited, buy the company report.
Recent activity
Ocean Polymer Technologies Private Limited has 12 board changes on record since 1994: 7 appointments and 5 cessations. The latest: Puthiyaveettil Mohamed Mahaboob ceased to be Managing Director on 10 Oct 2012.
14 earlier events are in the company report.
Frequently asked questions
Ocean Polymer Technologies is an active private limited company based in Thrissur, Kerala, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 12 October 1994 (32+ years old) and is registered under CIN U26100KL1994PTC008259.
Ocean Polymer Technologies has 2 current directors:
- Sheena Philip - Managing Director
- Philip Mulakkal - Director
The latest financial statements of Ocean Polymer Technologies 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 Polymer Technologies is 32AAACF3314R1ZO, registered in Kerala.
The CIN (Corporate Identification Number) of Ocean Polymer Technologies is U26100KL1994PTC008259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocean Polymer Technologies has 26 court cases on record: 26 filed by the company. 19 are pending.
Ocean Polymer Technologies was incorporated on 12 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ocean Polymer Technologies has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.82 Cr; the latest was in March 2021.
Puthiyaveettil Mohamed Mahaboob ceased to be Managing Director on 10 Oct 2012. Kallabakka Ahmu Ummer ceased to be Director on 24 Nov 2011. Lalu Kandengath Sekharan ceased to be Director on 24 Nov 2011. Ocean Polymer Technologies has 12 board changes on record in total.
Yes, Ocean Polymer Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-13-0003759).