Ocean Seeds Private Limited
About Ocean Seeds Private Limited
Data last updated:
Ocean Seeds Private Limited was a private limited company based in Aurangabad, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 28 May 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U01403MH2010PTC203507.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Nazimuddin Yaseen Syed (Managing Director) and Shireen Afroz Syed.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Block No. 1 & 2 Patel Palace Shahnagar Beed By Baypass Road, Aurangabad, Maharashtra, India – 431005.
As per the financials filed for FY 2017, the company reported a revenue of ₹21.93 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4,029 (net margin -0.2%) and EBITDA of ₹26,434 (EBITDA margin 1.2%).
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Ocean Seeds Private Limited's registered office is in Aurangabad, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock No. 1 & 2 Patel Palace Shahnagar Beed By Baypass Road, Aurangabad, Maharashtra, India – 431005
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Ocean Seeds 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 Seeds is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ocean Seeds Private Limited, buy the company report.
Financials of Ocean Seeds Private Limited
FY 2017 filings availableOcean Seeds Private Limited reported revenue of ₹21.93 Lakh (up 166% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 166% in the latest year. EBITDA fell 7% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹21.93 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹26,434 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4,029 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.2% | ||
| Net Profit Margin | -0.2% | ||
| 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 Seeds Private Limited, buy the company report.
Board of directors of Ocean Seeds Private Limited
Ocean Seeds has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shireen Afroz Syed | Additional Director | 18 Jul 2018 | 8 Years 3 Months | As last reported |
| Nazimuddin Yaseen Syed Also directs: Gat Crop Nutritions Private Limited | Managing Director | 28 May 2010 | 16 Years 5 Months | As last reported |
Auditor
Ocean Seeds Private Limited is audited by SAEED AHMED & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAEED AHMED & ASSOCIATES | FY 2017 | 122177W |
Shareholding
The shareholding of Ocean Seeds Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ocean Seeds Private Limited, buy the company report.
Legal cases
Ocean Seeds Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Ocean Seeds 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 Seeds 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 Seeds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ocean Seeds Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Nasir Ahmed Khaja Miya ceased to be Director on 18 Jul 2018.
Frequently asked questions
Ocean Seeds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ocean Seeds was a private limited company based in Aurangabad, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 28 May 2010 and is registered under CIN U01403MH2010PTC203507. The company has been struck off by the Registrar of Companies and is no longer operational.
Ocean Seeds had 2 directors:
- Nazimuddin Yaseen Syed - Managing Director
- Shireen Afroz Syed - Additional Director
The CIN (Corporate Identification Number) of Ocean Seeds is U01403MH2010PTC203507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ocean Seeds is at Block No. 1 & 2 Patel Palace Shahnagar Beed By Baypass Road, Aurangabad, Maharashtra, India – 431005.
Ocean Seeds was incorporated on 28 May 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Ocean Seeds on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Ocean Seeds operated in the trading industry, in the other wholesale segment. It worked in this industry before it was struck off.
Ocean Seeds has 1 court case on record: 1 filed against it.
Nasir Ahmed Khaja Miya ceased to be Director on 18 Jul 2018. Shabbir Ahmed Khajamiya Shaikh ceased to be Director on 18 Jul 2018. Shireen Afroz Syed was appointed as Additional Director on 18 Jul 2018. Ocean Seeds has 5 board changes on record in total.