MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0020312
Ocean Steels Private Limited - metals and minerals in Sanand, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.64 Cr
▲ 20% YoY
Net profit · FY 2025
₹3.16 Cr
Net margin 7.2%
EBITDA · FY 2025
₹7.5 Cr
EBITDA margin 17.2%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹1.47 Cr
Satisfied ₹31.11 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
21
Provident fund records
About Ocean Steels Private Limited
Data last updated:
Ocean Steels Private Limited is a private limited company based in Sanand, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 02 June 2005 and has been in existence for over 21 years.
Its director Surender Pal Gupta is #1,320 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2005PTC046176. Its GSTIN is 24AAACO8021G1ZT (Gujarat).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors including Pratik Lila and Surender Pal Gupta.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sanand, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.64 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.16 Cr (net margin 7.2%) and EBITDA of ₹7.5 Cr (EBITDA margin 17.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.47 Cr and satisfied charges of ₹31.11 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending.
Ocean Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0020312). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gopalgroup.com.
Company details
CIN U27100GJ2005PTC046176
Registration Number 046176
Incorporation Date 02 June 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0020312
Recognitions & Rankings of Ocean Steels
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,320 Surender Pal Gupta ₹1,700 Cr
Contact details
Ocean Steels Private Limited's registered office is in Sanand, Gujarat. Its website is gopalgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 68 – 70 & 81 New Ahmedabad Industrial Estate, N. H. No. 8A Village Moraiya, Sanand, Gujarat, India – 382213
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ocean Steels Private Limited, buy the company report.
Comprehensive company report
Ocean Steels 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 activities of Ocean Steels are trade and manufacturing. In detail, this covers wholesale trading and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ocean Steels Private Limited, buy the company report.
Financials of Ocean Steels Private Limited
FY 2025 filings availableOcean Steels Private Limited reported revenue of ₹43.64 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹43.64 Cr ▲ 20%
Net profit · FY 2025
₹3.16 Cr margin 7.2%
EBITDA · FY 2025
₹7.5 Cr margin 17.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 3%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▼ 2%
5 years · compounded
▲ 11%
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 19% 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 | ₹7.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.16 Cr | ||||
| Balance Sheet | |||||
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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 | 17.2% | ||||
| Net Profit Margin | 7.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ocean Steels Private Limited, buy the company report.
Board of directors of Ocean Steels Private Limited
Ocean Steels has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Lila Also directs: Jaidat Marketing Private Limited | Director | 08 Oct 2010 | 16 Years 0 Months | Current |
| Surender Pal Gupta Also directs: Vinayaka Alloys Private Limited, Metlax International Private Limited, Parvati Private Limited and 2 more | Director | 02 Jun 2006 | 20 Years 4 Months | Current |
| Gopal Swarup Gupta Also directs: Metlax International Private Limited, Comet Builders Private Limited, Gopal Udyog Limited and 5 more | Director | 02 Jun 2005 | 21 Years 4 Months | Current |
Auditor
Ocean Steels Private Limited is audited by Sunil Poddar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sunil Poddar & Co. | FY 2023 | 110603 |
Shareholding
The shareholding of Ocean Steels 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 Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.47 Cr
Satisfied charges
₹31.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2022 | 100665494 | Sidbi | ₹1.47 Cr | Open | |
| 12 Mar 2014 | 10486800 | Others | ₹10.71 Cr | Satisfied | |
| 12 Dec 2013 | 10475954 | Others | ₹10.71 Cr | Satisfied | |
| 26 Jul 2007 | 10061159 | Oriental Bank of Commerce | ₹1.85 Cr | Satisfied | |
| 26 Jul 2007 | 10061160 | Oriental Bank of Commerce | ₹4.85 Cr | Satisfied |
To see the full charge records of Ocean Steels Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Ocean Steels Private Limited has 5 court cases on record: 1 filed by Ocean Steels, 4 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed by the company against Bharti Axa General Insurance Co. Ltd. and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (REV31 LC) | Filed against the company by Icici Lombard General Insurance Company Ltd.Fromerlyknownas Bharatiaxageneralinsurance Company Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
To see the full case history of Ocean Steels 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 Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ocean Steels Private Limited has a workforce of 21 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
16.67%
GST
Ocean Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO8021G1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ocean Steels Private Limited, buy the company report.
Recent activity
Ocean Steels Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Pratik Lila ceased to be Additional Director on 22 Sep 2011.
AGM
Ocean Steels Private Limited last Annual general meeting of members was held on 28 Sep 2025 as per latest MCA records.
Filing
Ocean Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 12 Mar 2014 via Charge ID 10486800 with Others was fully satisfied on 27 Jul 2023.
Charges
A charge registered on 12 Dec 2013 via Charge ID 10475954 with Others was fully satisfied on 27 Jul 2023.
Charges
A charge with Sidbi amounted to Rs. 147.17 Lakh with Charge ID 100665494 was registered on 29 Dec 2022.
Charges
A charge with Others of Rs. 1,070.68 Lakh registered on 12 Mar 2014 with Charge ID 10486800 was modified on 05 Apr 2019.
Charges
A charge with Others of Rs. 1,070.68 Lakh registered on 12 Dec 2013 with Charge ID 10475954 was modified on 30 Mar 2019.
Charges
A charge with Others amounted to Rs. 1,070.68 Lakh with Charge ID 10486800 was registered on 12 Mar 2014.
Charges
A charge registered on 26 Jul 2007 via Charge ID 10061159 with Oriental Bank Of Commerce was fully satisfied on 30 Jan 2014.
Charges
A charge registered on 26 Jul 2007 via Charge ID 10061160 with Oriental Bank Of Commerce was fully satisfied on 30 Jan 2014.
Charges
A charge registered on 26 Jul 2007 via Charge ID 10062333 with Oriental Bank Of Commerce was fully satisfied on 30 Jan 2014.
Charges
A charge with Others amounted to Rs. 1,070.68 Lakh with Charge ID 10475954 was registered on 12 Dec 2013.
11 earlier events are in the company report.
Frequently asked questions
Ocean Steels is an active private limited company based in Sanand, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 02 June 2005 (21+ years old) and is registered under CIN U27100GJ2005PTC046176.
Ocean Steels has 3 current directors:
- Pratik Lila - Director
- Surender Pal Gupta - Director
- Gopal Swarup Gupta - Director
The latest financial statements of Ocean Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ocean Steels is 24AAACO8021G1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Ocean Steels is U27100GJ2005PTC046176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocean Steels has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Ocean Steels was incorporated on 02 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pratik Lila ceased to be Additional Director on 22 Sep 2011. Pratik Lila was appointed as Director on 08 Oct 2010. Sumit Sureshpal Jain ceased to be Director on 22 Nov 2008. Ocean Steels has 6 board changes on record in total.
Yes, Ocean Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0020312).
Ocean Steels can be reached through the website gopalgroup.com. Its registered office is in Sanand, Gujarat, India.