About Oceanic Bio-Harvests Limited
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Oceanic Bio-Harvests Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the fisheries and aquaculture segment of the agriculture sector. It was incorporated on 07 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U05003TN1992PLC073205. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It was formerly known as Shriram Marine Harvests Limited and Amalgam Marine Harvests Limited. It is led by directors including Joseb Raj Arokiasamy and Vimalla Joseb.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at No. 29 Zackaria Colony 4th Street Choolaimedu, Chennai, Tamil Nadu, India – 600094.
As per the financials filed for FY 2018, the company reported a revenue of ₹56.53 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹64.73 Lakh (net margin -114.5%) and EBITDA of -₹14.52 Lakh (EBITDA margin -25.7%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years.
The company is associated with 1 brand: Oceanaa. As per MCA filings, the company has open charges of ₹85.53 Cr and satisfied charges of ₹53.12 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website oceanicedible.com.
Company details
Name history
Oceanic Bio-Harvests has undergone 2 name changes throughout its history. The company was previously known as Shriram Marine Harvests Limited, and Amalgam Marine Harvests Limited. The current legal name is Oceanic Bio-Harvests Limited.
| Company Name | Status |
|---|---|
| Oceanic Bio-Harvests Limited | Current |
| Shriram Marine Harvests Limited | Previous |
| Amalgam Marine Harvests Limited | Previous |
CIN history
Oceanic Bio-Harvests has one previous CIN (Corporate Identification Number): U05003KL1992PLC011086. The current CIN is U05003TN1992PLC073205, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U05003TN1992PLC073205 | Current |
| U05003KL1992PLC011086 | Previous |
Contact details
Oceanic Bio-Harvests Limited's registered office is in Chennai, Tamil Nadu. Its website is oceanicedible.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 29 Zackaria Colony 4th Street Choolaimedu, Chennai, Tamil Nadu, India – 600094
- IndustryAgriculture, Fisheries & Aquaculture
To see the full contact details of Oceanic Bio-Harvests 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
Brands
Oceanic Bio-Harvests operates one associated brand: Oceanaa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports frozen marine products, fruits, vegetables, purees, and concentrates. | oceanicedible.com |
Business activity
The main business activity of Oceanic Bio-Harvests is agriculture, forestry, fishing. In detail, this covers fishing and aquaculture.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A3 | Fishing and aquaculture |
To see the full business activity and turnover split of Oceanic Bio-Harvests Limited, buy the company report.
Financials of Oceanic Bio-Harvests Limited
FY 2018 filings availableOceanic Bio-Harvests Limited reported revenue of ₹56.53 Lakh (down 50% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over three years, including a 50% fall 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹56.53 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹14.52 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹64.73 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -25.7% | |||
| Net Profit Margin | -114.5% | |||
| 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 Oceanic Bio-Harvests Limited, buy the company report.
Board of directors of Oceanic Bio-Harvests Limited
Oceanic Bio-Harvests has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joseb Raj Arokiasamy | Director | 20 Aug 2007 | 19 Years 2 Months | Current |
| Vimalla Joseb | Director | 20 Aug 2007 | 19 Years 2 Months | Current |
| Arockiasamy James Walter Also directs: Object- Frontier Software Private Limited | Director | 20 Aug 2007 | 19 Years 2 Months | Current |
Peer comparison
Oceanic Bio-Harvests Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Fishing Industry), with the same principal business activity (fishing and aquaculture), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prithvi Fisheries Private Limited | ₹1.25 Cr (FY 2024) | -1.0% | Hyderabad, Telangana, India | |||
| West Coast Fine Foods (India) Private Limited | ₹1.23 Cr (FY 2025) | 3875.0% | Mumbai, Maharashtra, India | |||
| Raja Hatcheries and Farming Private Limited | ₹1.1 Cr (FY 2021) | -36.0% | Salem, Tamil Nadu, India | |||
| Astro Aquaculture Private Limited | ₹1.02 Cr (FY 2022) | 11810.0% | Chennai, Tamil Nadu, India | |||
| Oceanic Bio-Harvests Limitedthis company | ₹56.53 Lakh (FY 2018) | -₹64.73 Lakh | -114.5% | -50.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Oceanic Bio-Harvests Limited, buy the company report.
Auditor
Oceanic Bio-Harvests Limited is audited by M ANANDKUMAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M ANANDKUMAR & ASSOCIATES | FY 2018 | 006100S |
Shareholding
The shareholding of Oceanic Bio-Harvests Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Oceanic Bio-Harvests Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2012 | 10362928 | Indian Overseas Bank | ₹85.53 Cr | Open | |
| 26 Jun 2008 | 10115626 | Corporation Bank | ₹8.97 Cr | Satisfied | |
| 11 Jun 2008 | 10115178 | Corporation Bank | ₹8.6 Cr | Satisfied | |
| 06 Jun 2008 | 10161425 | Bank of India | ₹30.25 Cr | Satisfied | |
| 08 Jul 1993 | 90023788 | S.I.C.I.C.I. Ltd. | ₹4.3 Cr | Satisfied |
To see the full charge records of Oceanic Bio-Harvests Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Oceanic Bio-Harvests 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, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by The Water Base Ltd. | Disposed |
To see the full case history of Oceanic Bio-Harvests 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 Oceanic Bio-Harvests Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Oceanic Bio-Harvests has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Oceanic Bio-Harvests Limited, buy the company report.
Recent activity
Oceanic Bio-Harvests Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Thatha Gowder Gundan ceased to be Director on 15 Dec 2008.
12 earlier events are in the company report.
Frequently asked questions
Oceanic Bio-Harvests is an active public limited company based in Chennai, Tamil Nadu, India. The company works in fisheries and aquaculture, within the agriculture industry. It was incorporated on 07 September 1992 (34+ years old) and is registered under CIN U05003TN1992PLC073205.
Oceanic Bio-Harvests has 3 current directors:
- Joseb Raj Arokiasamy - Director
- Vimalla Joseb - Director
- Arockiasamy James Walter - Director
The latest financial statements of Oceanic Bio-Harvests on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Oceanic Bio-Harvests has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Oceanic Bio-Harvests is U05003TN1992PLC073205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oceanic Bio-Harvests has 1 court case on record: 1 filed against it.
Oceanic Bio-Harvests was incorporated on 07 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Oceanic Bio-Harvests by revenue are Prithvi Fisheries Private Limited, West Coast Fine Foods (India) Private Limited, Raja Hatcheries and Farming Private Limited, Astro Aquaculture Private Limited, all in the Agriculture industry (Fishing Industry), with the same principal business activity (fishing and aquaculture).
Thatha Gowder Gundan ceased to be Director on 15 Dec 2008. Thekkey Kotiazath Venugopal ceased to be Director on 20 May 2008. Arockiasamy James Walter ceased to be Additional Director on 29 Sep 2007. Oceanic Bio-Harvests has 8 board changes on record in total.
Oceanic Bio-Harvests can be reached through the website oceanicedible.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Oceanic Bio-Harvests is at No. 29 Zackaria Colony 4th Street Choolaimedu, Chennai, Tamil Nadu, India – 600094.