About Oceanic Vehicles Private Limited
Data last updated:
Oceanic Vehicles Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 29 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U34300GJ2005PTC045779. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.91 Cr and a paid-up capital of ₹2.85 Cr. It was formerly known as Kayraj Automobiles Private Limited. It is led by directors Niravkumar Rameshkumar Joshi and Rupesh Dineshbhai Jantrania.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2019, the company reported a revenue of ₹70.27 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹20.49 Lakh (net margin 29.2%) and EBITDA of ₹45.33 Lakh (EBITDA margin 64.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
As per MCA filings, the company has open charges of ₹48.29 Cr and satisfied charges of ₹16.91 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website emeraldhonda.com.
Company details
Contact details
Oceanic Vehicles Private Limited's registered office is in Ahmedabad, Gujarat. Its website is emeraldhonda.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address508/1 Tejenclave Nr.Mayurchambers Oldkumkumpartyplot Opp.Gandhigramrlystation E, Llisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Oceanic Vehicles 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
Financials of Oceanic Vehicles Private Limited
FY 2019 filings availableOceanic Vehicles Private Limited reported revenue of ₹70.27 Lakh (down 1% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 1% fall in the latest year. EBITDA rose 6% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹70.27 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.49 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 64.5% | ||||
| Net Profit Margin | 29.2% | ||||
| 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 Oceanic Vehicles Private Limited, buy the company report.
Board of directors of Oceanic Vehicles Private Limited
Oceanic Vehicles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niravkumar Rameshkumar Joshi | Director | 26 Dec 2009 | 16 Years 10 Months | Current |
| Rupesh Dineshbhai Jantrania Also directs: Oceanic Motors Private Limited | Director | 29 Mar 2005 | 21 Years 7 Months | Current |
Auditor
Oceanic Vehicles Private Limited is audited by BPA &COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BPA &COMPANY | FY 2019 | 109685W |
Shareholding
The shareholding of Oceanic Vehicles Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Oceanic Vehicles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2014 | 10518078 | Hdfc Bank Limited | ₹48.29 Cr | Open | |
| 21 Mar 2013 | 10423577 | Capital First Limited | ₹6 Cr | Satisfied | |
| 30 Mar 2010 | 10212574 | Bajaj Auto Finance Ltd | ₹4.51 Cr | Satisfied | |
| 25 Mar 2009 | 10151126 | State Bank of India | ₹1.4 Cr | Satisfied | |
| 19 Feb 2007 | 10039508 | Central Bank of India | ₹1.25 Cr | Satisfied |
To see the full charge records of Oceanic Vehicles Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Oceanic Vehicles Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Emerald Luxury Cars LLP and 2 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Daimler Financial Services India Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by M/S.Daimler Financial Services India Pvt Ltd | Disposed |
To see the full case history of Oceanic Vehicles 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 Oceanic Vehicles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Oceanic Vehicles has 2 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
Oceanic Vehicles 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 Vehicles Private Limited, buy the company report.
Recent activity
Oceanic Vehicles Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Kanaiyo Thakkar Manharkumar ceased to be Director on 28 Feb 2011.
12 earlier events are in the company report.
Frequently asked questions
Oceanic Vehicles is an active private limited company based in Ahmedabad, Gujarat, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 29 March 2005 (21+ years old) and is registered under CIN U34300GJ2005PTC045779.
Oceanic Vehicles has 2 current directors:
- Niravkumar Rameshkumar Joshi - Director
- Rupesh Dineshbhai Jantrania - Director
The latest financial statements of Oceanic Vehicles on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Oceanic Vehicles has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Oceanic Vehicles is U34300GJ2005PTC045779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oceanic Vehicles has 4 court cases on record: 4 filed against it.
Oceanic Vehicles was incorporated on 29 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kanaiyo Thakkar Manharkumar ceased to be Director on 28 Feb 2011. Niravkumar Rameshkumar Joshi was appointed as Director on 26 Dec 2009. Rupesh Dineshbhai Jantrania was appointed as Director on 29 Mar 2005.
Oceanic Vehicles can be reached through the website emeraldhonda.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Oceanic Vehicles is at 5081 Tejenclave Nr.Mayurchambers Oldkumkumpartyplot Opp.Gandhigramrlystation E, Llisbridge, Ahmedabad, Gujarat, India – 380006.
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