Incorporated in 2005, Oceanaa Biotek Industries Ltd (OBIL) is a specialized food testing laboratory and engaged in the business of food analysis. They are setting up a specialized food analysis laboratory to perform consumer food testing for food producers worldwide. OBIL is an independent entity of the Oceanaa group of companies with interests in processing of marine products, vegetables and fruits - both for export sector and domestic retail sector.OBIL's core business will revolve around offering complete testing solutions to customers on contract basis. Testing includes the following:1. Food Quality Analysis2. Food Safety AnalysisCompany's customers includes Food & Feed Industry, Government regulatory bodies (Health, Agriculture, Food Processing), Hotels & Restaurants, Other local food testing laboratories etc. Company has tied up with M/s Food Tech International, a consulting firm, active in the food sector in India as a consultant for the purpose of setup and operational assistance and product delivery assistance.
Oceanaa Biotek Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 110,000 | — | ₹0.11 Cr | — |
| TOTAL | 2,100,000 | 100.00% | ₹2.10 Cr | — |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |