- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-10-0001549

About Oceanic Industries Private Limited
Data last updated:
Oceanic Industries Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52322GJ2006PTC048340. Its GSTIN is 24AAACO8947M2ZW (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Karan Bipinkumar Vekaria and Bipinkumar Bhagwanjibhai Vekaria.
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 309 Devashish Business Park Opp. Rajpath Club Nr. Popular Domain S. G. Highway, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.11 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹6.8 Lakh (net margin -111.2%) and EBITDA of ₹3.37 Lakh (EBITDA margin 55.1%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 59% over five years.
Oceanic Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0001549). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oceanicworld.in.
Company details
Recognitions & Rankings of Oceanic Industries
Contact details
Oceanic Industries Private Limited's registered office is in Ahmedabad, Gujarat. Its website is oceanicworld.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address309 Devashish Business Park Opp. Rajpath Club Nr. Popular Domain S. G. Highway, Ahmedabad, Gujarat, India – 380054
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Oceanic Industries 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 Oceanic Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Oceanic Industries Private Limited, buy the company report.
Financials of Oceanic Industries Private Limited
FY 2025 filings availableOceanic Industries Private Limited reported revenue of ₹6.11 Lakh (down 94% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over five years, including a 94% fall in the latest year. EBITDA fell 77% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.11 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.8 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.1% | ||||
| Net Profit Margin | -111.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Oceanic Industries Private Limited, buy the company report.
Board of directors of Oceanic Industries Private Limited
Oceanic Industries has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Bipinkumar Vekaria | Director | 18 Dec 2015 | 10 Years 10 Months | Current |
| Bipinkumar Bhagwanjibhai Vekaria Also directs: Westcoast Pharmaceutical Works Limited | Director | 29 May 2006 | 20 Years 5 Months | Current |
Auditor
Oceanic Industries Private Limited is audited by K A R M A & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K A R M A & CO. LLP | FY 2023 | 127544W/W100376 |
Shareholding
The shareholding of Oceanic Industries 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 Oceanic Industries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Oceanic Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Oceanic Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Oceanic Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO8947M2ZW | Gujarat | Active | 28 Sep 2017 |
To see the full GST registrations and return filing status of Oceanic Industries Private Limited, buy the company report.
Recent activity
Oceanic Industries Private Limited has 8 board changes on record since 2006: 2 appointments and 6 cessations. The latest: Jahnavi Bipinkumar Vekaria ceased to be Director on 05 Jun 2018.
Frequently asked questions
Oceanic Industries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 May 2006 (20+ years old) and is registered under CIN U52322GJ2006PTC048340.
Oceanic Industries has 2 current directors:
- Karan Bipinkumar Vekaria - Director
- Bipinkumar Bhagwanjibhai Vekaria - Director
The latest financial statements of Oceanic Industries 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 Oceanic Industries is 24AAACO8947M2ZW, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Oceanic Industries is U52322GJ2006PTC048340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oceanic Industries was incorporated on 29 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jahnavi Bipinkumar Vekaria ceased to be Director on 05 Jun 2018. Umaben Bipinkumar Vekaria ceased to be Director on 05 Jun 2018. Karan Bipinkumar Vekaria was appointed as Director on 18 Dec 2015. Oceanic Industries has 8 board changes on record in total.
Yes, Oceanic Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-10-0001549).
Oceanic Industries can be reached through the website oceanicworld.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Oceanic Industries is at 309 Devashish Business Park Opp. Rajpath Club Nr. Popular Domain S. G. Highway, Ahmedabad, Gujarat, India – 380054.

