Oceanic Paints Pvt Ltd
About Oceanic Paints Pvt Ltd
Data last updated:
Oceanic Paints Pvt Ltd is a private limited company based in Vasco Da Gama, Goa, India. It operates in the jewellery segment of the musical instruments sector. It was incorporated on 21 January 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U31200GA1977PTC000303. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Jagdeep Yeshwantrao Chowgule and Gajanan Shinde.
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 Commerce Centre 4th Floor Dr Rajendra Prasad Road, Vasco Da Gama, Goa, India – 403802.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.11 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.93 Lakh (net margin 25.8%) and EBITDA of ₹6.94 Lakh (EBITDA margin 36.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.
As per MCA filings, the company has open charges of ₹19.43 Lakh on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Oceanic Paints Pvt Ltd's registered office is in Vasco Da Gama, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCommerce Centre 4th Floor Dr Rajendra Prasad Road, Vasco Da Gama, Goa, India – 403802
- IndustryMusical Instruments, Jewellery, Manufacturing, Musical Instrument, Sports Goods
To see the full contact details of Oceanic Paints Pvt Ltd, 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
Financials of Oceanic Paints Pvt Ltd
FY 2025 filings availableOceanic Paints Pvt Ltd reported revenue of ₹19.11 Lakh (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 10% 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 | ₹6.94 Lakh | ||||
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| Net Profit (PAT) | ₹4.93 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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| EBITDA Margin | 36.3% | ||||
| Net Profit Margin | 25.8% | ||||
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To see the full financial statements and ratios of Oceanic Paints Pvt Ltd, buy the company report.
Board of directors of Oceanic Paints Pvt Ltd
Oceanic Paints has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdeep Yeshwantrao Chowgule Also directs: Meta-Sal Speciality Chemicals Private Limited | Director | 04 Sep 2002 | 24 Years 1 Months | Current |
| Gajanan Shinde | Director | 01 Aug 2007 | 19 Years 2 Months | Current |
| Abhinay Shinde | Director | 18 Jan 2019 | 7 Years 9 Months | Current |
| Siddhi Shinde Gajanan | Director | 18 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Oceanic Paints Pvt Ltd is audited by RAJAN RAMANI & CO. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJAN RAMANI & CO. | FY 2015 | RAJAN RAMANI & CO. |
Shareholding
The shareholding of Oceanic Paints Pvt Ltd is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Oceanic Paints Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 1994 | 90076105 | Bank of Baroda | ₹18 Lakh | Open | |
| 21 Jan 1991 | 90076025 | Bank of Baroda | ₹1.43 Lakh | Open |
To see the full charge records of Oceanic Paints Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Oceanic Paints Pvt Ltd has 9 court cases on record: 6 filed by Oceanic Paints, 3 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Court case (EXA) | Filed by the company against M/S. Shree Manjunath Ore Carriers Represented by Its Partners | Pending |
| District court, South Goa, Goa | Court case (EXA) | Filed by the company against M/S. Ratna Engineering Works | Disposed |
| District court, South Goa, Goa | Court case (EXA) | Filed by the company against M/S. Mahalasa Ore Carrier | Disposed |
| District court, South Goa, Goa | Civil suit | Filed by the company against M/S. Blastech and Fabrics, A Partnership Firm and Anr. and 1 other | Disposed |
| District court, South Goa, Goa | Original application | Filed by the company against M/S. Blastech and Fabrics | Disposed |
To see the full case history of Oceanic Paints Pvt Ltd, 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 Paints Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Oceanic Paints Pvt Ltd has 1 active EPFO establishment as of Apr 03, 2024.
GST
Oceanic Paints 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 Paints Pvt Ltd, buy the company report.
Recent activity
Oceanic Paints Pvt Ltd has 4 board changes on record since 2002: 4 appointments. The latest: Abhinay Shinde was appointed as Director on 18 Jan 2019.
Frequently asked questions
Oceanic Paints is an active private limited company based in Vasco Da Gama, Goa, India. The company works in jewellery, within the musical instruments industry. It was incorporated on 21 January 1977 (49+ years old) and is registered under CIN U31200GA1977PTC000303.
Oceanic Paints has 4 current directors:
- Jagdeep Yeshwantrao Chowgule - Director
- Gajanan Shinde - Director
- Abhinay Shinde - Director
- Siddhi Shinde Gajanan - Director
The latest financial statements of Oceanic Paints 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.
No. Oceanic Paints has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Oceanic Paints is U31200GA1977PTC000303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oceanic Paints has 9 court cases on record: 6 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Oceanic Paints was incorporated on 21 January 1977, making it 49+ years old. It is registered with the Registrar of Companies, Goa.
Abhinay Shinde was appointed as Director on 18 Jan 2019. Siddhi Shinde Gajanan was appointed as Director on 18 Jan 2019. Gajanan Shinde was appointed as Director on 01 Aug 2007. Oceanic Paints has 4 board changes on record in total.
The registered office of Oceanic Paints is at Commerce Centre 4th Floor Dr Rajendra Prasad Road, Vasco Da Gama, Goa, India – 403802.
Oceanic Paints operates in the musical instruments industry, in the jewellery segment.