Platus Ocean Services Private Limited
About Platus Ocean Services Private Limited
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Platus Ocean Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the transportation and logistics segment of the transportation sector. It was incorporated on 20 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63030GJ2018PTC103676.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nimishaben Joravarsinh Chavada and Nikulsinh Dipsinh Chavda.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 204 Krishna Complex Opp. Loha Bhavan Nr. Juni High Court Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2020, the company reported a revenue of ₹30.48 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.79 Lakh (net margin -5.9%) and EBITDA of -₹1.68 Lakh (EBITDA margin -5.5%).
Company details
Contact details
Platus Ocean Services Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address204 Krishna Complex Opp. Loha Bhavan Nr. Juni High Court Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryTransportation, Transportation Services
To see the full contact details of Platus Ocean Services 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 Platus Ocean Services is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Platus Ocean Services Private Limited, buy the company report.
Financials of Platus Ocean Services Private Limited
FY 2020 filings availablePlatus Ocean Services Private Limited reported revenue of ₹30.48 Lakh (up 154% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 154% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹30.48 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.68 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.79 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -5.5% | |
| Net Profit Margin | -5.9% | |
| 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 Platus Ocean Services Private Limited, buy the company report.
Board of directors of Platus Ocean Services Private Limited
Platus Ocean Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimishaben Joravarsinh Chavada | Director | 25 Feb 2019 | 7 Years 8 Months | Current |
| Nikulsinh Dipsinh Chavda | Director | 20 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Platus Ocean Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bahuguna Techmotives Private Limited | ₹30.5 Lakh (FY 2024) | 215.0% | Hyderabad, Telangana, India | |||
| Signet Impex Private Limited | ₹30.49 Lakh (FY 2025) | -9.0% | Indore, Madhya Pradesh, India | |||
| Royalswood Furnishers Private Limited | ₹30.49 Lakh (FY 2025) | -81.0% | Palwal, Haryana, India | |||
| Theun -Usualco (OPC) Private Limited | ₹30.49 Lakh (FY 2025) | -73.0% | Coimbatore, Tamil Nadu, India | |||
| Gandhar Agrotech Producer Company Limited | ₹30.49 Lakh (FY 2022) | 5.0% | Jehanabad, Bihar, India | |||
| Platus Ocean Services Private Limitedthis company | ₹30.48 Lakh (FY 2020) | -₹1.79 Lakh | -5.9% | 154.0% | Ahmedabad, Gujarat, India | |
| Motihari Agro Products Private Limited | ₹30.48 Lakh (FY 2025) | 7519.0% | Bihar, India | |||
| Scott Line Pipes India Private Limited | ₹30.47 Lakh (FY 2024) | 2905.0% | Pali, Rajasthan, India | |||
| Cubeware Engineering Private Limited | ₹30.47 Lakh (FY 2025) | 857.0% | Greater Noida, Uttar Pradesh, India | |||
| Tirupati Balaji Udyog Private Limited | ₹30.46 Lakh (FY 2024) | -93.0% | Bhubaneswar, Odisha, India | |||
| Pruthvi Lubricants Private Limited | ₹30.46 Lakh (FY 2023) | Kothi Vadodara, Gujarat, India |
To see the full peer comparison of Platus Ocean Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Platus Ocean Services 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 Platus Ocean Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Platus Ocean Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Platus Ocean Services Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Nimishaben Joravarsinh Chavada ceased to be Additional Director on 31 Dec 2019.
Frequently asked questions
Platus Ocean Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in transportation services, within the transportation industry. It was incorporated on 20 August 2018 (8+ years old) and is registered under CIN U63030GJ2018PTC103676.
Platus Ocean Services has 2 current directors:
- Nimishaben Joravarsinh Chavada - Director
- Nikulsinh Dipsinh Chavda - Director
The latest financial statements of Platus Ocean Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Platus Ocean Services is U63030GJ2018PTC103676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Platus Ocean Services was incorporated on 20 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Platus Ocean Services by revenue are Bahuguna Techmotives Private Limited, Signet Impex Private Limited, Royalswood Furnishers Private Limited, Theun -Usualco (OPC) Private Limited, Gandhar Agrotech Producer Company Limited and 5 more, all in the same principal business activity (wholesale trading).
Nimishaben Joravarsinh Chavada ceased to be Additional Director on 31 Dec 2019. Rishi Rashmikant Trivedi ceased to be Director on 30 Jul 2019. Nimishaben Joravarsinh Chavada was appointed as Director on 25 Feb 2019. Platus Ocean Services has 4 board changes on record in total.
The registered office of Platus Ocean Services is at 204 Krishna Complex Opp. Loha Bhavan Nr. Juni High Court Ashram Road, Ahmedabad, Gujarat, India – 380009.
Platus Ocean Services operates in the transportation industry, in the transportation services segment.
Platus Ocean Services can be reached at its registered office: 204 Krishna Complex Opp. Loha Bhavan Nr. Juni High Court Ashram Road, Ahmedabad, Gujarat, India – 380009.
Platus Ocean Services is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.
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