Startup India Government of India
White Ocean Developers & Constructions Private Limited
White Ocean Developers & Constructions Private Limited - real estate and construction in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.16 Cr
▲ 386% YoY
Net profit · FY 2024
₹5.12 Lakh
Net margin 4.4%
EBITDA · FY 2024
₹18.96 Lakh
EBITDA margin 16.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹2.9 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
About White Ocean Developers & Constructions Private Limited
Data last updated:
White Ocean Developers & Constructions Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45309KA2021PTC147442. Its GSTIN is 29AACCW9563D1ZY (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Thonthalapura Subbarao Shashidhar (Managing Director) and Princy Prakasam Anitha (Whole-Time Director).
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 No. 69 2nd Cross Vasanthappa Thota Ganganagar, Bengaluru, Karnataka, India – 560032.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.12 Lakh (net margin 4.4%) and EBITDA of ₹18.96 Lakh (EBITDA margin 16.3%).
As per MCA filings, the company has open charges of ₹2.9 Cr on record.
White Ocean Developers & Constructions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0087235).
Company details
CIN U45309KA2021PTC147442
Registration Number 147442
Incorporation Date 14 May 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0087235
Key People
Thonthalapura Subbarao Shashidhar Managing Director Princy Prakasam Anitha Whole-Time Director Punit Malipatil Director Recognitions & Rankings of White Ocean Developers & Constructions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0087235
Contact details
White Ocean Developers & Constructions Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 69 2nd Cross Vasanthappa Thota Ganganagar, Bengaluru, Karnataka, India – 560032
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of White Ocean Developers & Constructions Private Limited, buy the company report.
Comprehensive company report
White Ocean Developers & Constructions Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of White Ocean Developers & Constructions is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of White Ocean Developers & Constructions Private Limited, buy the company report.
Financials of White Ocean Developers & Constructions Private Limited
FY 2025 filings availableWhite Ocean Developers & Constructions Private Limited reported revenue of ₹1.16 Cr (up 386% YoY) for FY 2024.
Revenue · FY 2024
₹1.16 Cr ▲ 386%
Net profit · FY 2024
₹5.12 Lakh margin 4.4%
EBITDA · FY 2024
₹18.96 Lakh margin 16.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 386%
EBITDA CAGR growth
1 year
▲ 422%
Revenue rose 386% in the latest year. EBITDA rose 422% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹18.96 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.12 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 16.3% | ||
| Net Profit Margin | 4.4% | ||
| 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 White Ocean Developers & Constructions Private Limited, buy the company report.
Board of directors of White Ocean Developers & Constructions Private Limited
White Ocean Developers & Constructions has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punit Malipatil | Director | 14 May 2021 | 5 Years 5 Months | Current |
| Rangaswamy Also directs: Aatharava Siri Builders Private Limited | Director | 19 Jun 2023 | 3 Years 4 Months | Current |
| Princy Prakasam Anitha | Whole-Time Director | 28 Feb 2022 | 4 Years 7 Months | Current |
| Thonthalapura Subbarao Shashidhar | Managing Director | 28 Feb 2022 | 4 Years 7 Months | Current |
Auditor
White Ocean Developers & Constructions Private Limited is audited by A.S. AKSHATHA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.S. AKSHATHA AND CO | FY 2023 | 018665S |
Shareholding
The shareholding of White Ocean Developers & Constructions Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of White Ocean Developers & Constructions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2025 | 101085804 | Canara Bank | ₹2 Cr | Open | |
| 04 Mar 2024 | 100906290 | Indian Bank | ₹90 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving White Ocean Developers & Constructions 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 White Ocean Developers & Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
White Ocean Developers & Constructions Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
Active EPFO establishments
1
GST
White Ocean Developers & Constructions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW9563D1ZY | Karnataka | Active | 20 Jul 2021 |
To see the full GST registrations and return filing status of White Ocean Developers & Constructions Private Limited, buy the company report.
Recent activity
White Ocean Developers & Constructions Private Limited has 11 board changes on record since 2021: 4 appointments and 7 cessations. The latest: Aladahalli Rangegowda Ramya ceased to be Whole-Time Director on 12 Apr 2024.
AGM
White Ocean Developers & Constructions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
White Ocean Developers & Constructions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 200.00 Lakh with Charge ID 101085804 was registered on 28 Mar 2025.
Ceased
Aladahalli Rangegowda Ramya ceased to be Whole-Time Director.
Ceased
Bori Ashalatha ceased to be Whole-Time Director.
Ceased
Jyothi ceased to be Whole-Time Director.
Ceased
Yatnahalli Nagappa Muktha ceased to be Whole-Time Director.
Charges
A charge with Indian Bank amounted to Rs. 90.00 Lakh with Charge ID 100906290 was registered on 04 Mar 2024.
Ceased
. Rangaswamy ceased to be Additional Director.
Appointed
Rangaswamy was appointed as Director.
Ceased
Punit Malipatil ceased to be Managing Director.
Ceased
Sheetal Ranga Swamy ceased to be Managing Director.
4 earlier events are in the company report.
Frequently asked questions
White Ocean Developers & Constructions is an active private limited company based in Bengaluru, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 May 2021 (5+ years old) and is registered under CIN U45309KA2021PTC147442.
White Ocean Developers & Constructions has 4 current directors:
- Thonthalapura Subbarao Shashidhar - Managing Director
- Princy Prakasam Anitha - Whole-Time Director
- Punit Malipatil - Director
- Rangaswamy - Director
The latest financial statements of White Ocean Developers & Constructions 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 FY 2022 are in the company report.
The GSTIN of White Ocean Developers & Constructions is 29AACCW9563D1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of White Ocean Developers & Constructions is U45309KA2021PTC147442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
White Ocean Developers & Constructions was incorporated on 14 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Aladahalli Rangegowda Ramya ceased to be Whole-Time Director on 12 Apr 2024. Bori Ashalatha ceased to be Whole-Time Director on 12 Apr 2024. Jyothi ceased to be Whole-Time Director on 12 Apr 2024. White Ocean Developers & Constructions has 11 board changes on record in total.
Yes, White Ocean Developers & Constructions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, White Ocean Developers & Constructions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0087235).
The registered office of White Ocean Developers & Constructions is at No. 69 2nd Cross Vasanthappa Thota Ganganagar, Bengaluru, Karnataka, India – 560032.