Gastromyzon ocellatus has a flattened body, adapted for life in fast-flowing waters. Its coloration is dark brown, with the dorsal side adorned with 7-8 creamy transverse bands, and vertical stripes along the sides of the body, often interrupted and forming a characteristic pattern of ocellated spots. The fins are oriented horizontally, forming a powerful suction disc. Adult specimens reach about 4.5 cm in length. Sexual dimorphism is observed in body shape: females are usually plumper, while males may have a wider head, and during the breeding season, noticeable tubercles often appear on their heads.