Orkla India Private Limited

Founded in 1996 and headquartered in Karnataka, India.

1996 | Bangaluru, Karnataka (India) | Active
Last Updated: December 03, 2024

Orkla India Profile

Key Indicators

  • Authorised Capital ₹ 109.00 Cr
  • Paid Up Capital ₹ 13.70 Cr
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 64.85 Cr
  • Revenue Growth 2.33%
  • Profit Growth -31.47%
  • Ebitda -11.04%
  • Net Worth 4.63%
  • Total Assets 4.18%

About Orkla India

Orkla India Private Limited (OIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 1996 and has a history of 28 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Mtr Foods Limited. The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 109.00 Cr and a paid-up capital of Rs 13.70 Cr.

The company has closed loans amounting to ₹64.85 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Orkla India Private Limited India are Kaushik Seshadri as COMPANY SECRETARY and Suniana Calapa as Cfo. Atle Johansen, Jordahl Paul, Sanjay Sharma, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15136KA1996PTC021007

  • Company No.

    021007

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Food and Beverages

What products or services does Orkla India Private Limited offer?

Orkla India Private Limited offers a wide range of products and services, including Snacks and Namkeen, Chips, Cooking Spices and Masala, Masala Mix, Stainless Steel Utensils & Cookware, Steel Cooking Utensils, Indian Sweets & Desserts, Sweets, Chocolates, Biscuits & Cookies, Chocolate.

Who are the key members and board of directors at Orkla India?

Executive Team (2)

Name Designation Appointment Date Status
Kaushik Seshadri Company Secretary 25-Sep-2024 Current
Suniana Calapa CFO 29-Jan-2024 Current

Board Members (7)

Name Designation Appointment Date Status
Sanjay Sharma Country flag representing In Director 01-Feb-2009 Current
Claes Wilhelmsson Country flag representing Se Director 04-Feb-2019 Current
Atle Johansen Country flag representing No Director 17-Mar-2015 Current
Jordahl Paul Country flag representing No Director 05-Dec-2023 Current
Else Margareta Country flag representing Se Director 14-Nov-2017 Current
Maria Sysenybraaten Country flag representing No Director 11-May-2023 Current

Financial Performance of Orkla India.

Orkla India Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.33% increase. The company also saw a substantial fall in profitability, with a 31.47% decrease in profit. The company's net worth moved up by a moderate rise of 4.63%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
2.33%
Revenue from Operations
2.60%
Total Assets
4.18%
Profit or Loss
-31.47%
Net Worth
4.63%
EBITDA
-11.04%

What is the Ownership and Shareholding Structure of Orkla India?

In 2021, Orkla India had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹64.85 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Limited : 21.55 Cr
  • The Karnataka Bank Limited : 21.50 Cr
  • Karnataka Bank : 11.80 Cr
  • State Bank Of India : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
06 Feb 2006 The Karnataka Bank Limited ₹12.00 Cr Satisfied
29 May 2002 The Karnataka Bank Limited ₹9.50 Cr Satisfied
28 Mar 2002 State Bank Of India ₹10.00 Cr Satisfied
18 Jul 2001 Karnataka Bank Limited ₹3.00 Cr Satisfied
19 Feb 2001 Karnataka Bank Limited ₹3.00 Cr Satisfied

How Many Employees Work at Orkla India?

Orkla India has a workforce of 1027 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Orkla India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Orkla India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Orkla India

Recent activity within the organization

  • Annual General Meeting

    Orkla India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Kaushik Seshadri was appointed as a Company Secretary was appointed as a Company Secretary on 25 Sep 2024 & has been associated with this company since 4 months 9 days .

    25 Sep 2024

  • Balance Sheet

    Orkla India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Suniana Calapa was appointed as a Cfo was appointed as a Cfo on 29 Jan 2024 & has been associated with this company since 1 year 4 days .

    29 Jan 2024

  • Director Appointment

    Jordahl Paul was appointed as a Director was appointed as a Director on 05 Dec 2023 & has been associated with this company since 1 year 2 months .

    05 Dec 2023

  • Director Appointment

    Maria Sysenybraaten was appointed as a Director was appointed as a Director on 11 May 2023 & has been associated with this company since 1 year 8 months .

    11 May 2023

Frequently asked questions

  • Orkla India Private Limited was incorporated on 21 Aug 1996.

  • The authorized share capital of Orkla India Private Limited is ₹ 109.00 Cr and paid-up capital is ₹ 13.70 Cr.

  • Currently 9 directors are associated with Orkla India Private Limited.

    • Atle Vidar Nagel Johansen
    • Jordahl Paul
    • Sanjay Sharma
    • Else Helena Margareta
    • Claes Johan Wilhelmsson
    • Maria SyseNybraaten
    • Per Havard Skiaker Maelen
    • Kaushik Seshadri
    • Suniana Calapa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Orkla India Private Limited is No.1.2Nd 3Rd Floor 100 Feet Inner Ring Road Ejipura Ashwini Layout, Vivek Nagar India, Bangalore, Karnataka, 560047.

  • The corporate identification number (CIN) of Orkla India Private Limited is U15136KA1996PTC021007 and the company number is 021007 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Orkla India Private Limited is https://www.mtrfoods.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Orkla India Private Limited has risen by 2.33%.

  • As Per 2022 financial reports, 1027 employees are currently employed by Orkla India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Orkla India Private Limited has experienced an upsurge of 4.63%.

  • The most recent Balance Sheet for Orkla India Private Limited was filed with the ROC on 31 Mar 2024.

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