Octillion Power Systems India Private Limited

Produces batteries and accumulators for various industries.

2017 | Pune, Maharashtra (India) | Active
Last Updated: December 13, 2024

Octillion Power Systems India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Dec 2023
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth 62.10%
  • Profit Growth 15.49%
  • Ebitda 25.43%
  • Net Worth -63.39%
  • Total Assets 83.68%

About Octillion Power Systems India

Octillion Power Systems India Private Limited (OPSIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 19 December 2017 (Seven years and one month 14 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 December 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.99 Cr.

The company has closed loans amounting to ₹1.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ravi Pandit, Paul Beach, Nikhil Parchure, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999PN2017FTC173926

  • Company No.

    173926

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    19 Dec 2017

  • Date of AGM

    07 Sep 2024

  • Date of Balance Sheet

    31 Dec 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Octillion Power Systems India?

Board Members (4)

Name Designation Appointment Date Status
Ravi Pandit Country flag representing In Director 19-Dec-2017 Current
Paul Beach Country flag representing Us Director 19-Dec-2017 Current
Nikhil Parchure Country flag representing In Director 20-Aug-2019 Current
Yang Wang Additional Director 19-Sep-2024 Current

Financial Performance of Octillion Power Systems India.

Octillion Power Systems India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 62.1% increase. The company also saw a substantial improvement in profitability, with a 15.49% increase in profit. The company's net worth observed a substantial decline by a decrease of 63.39%.

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
62.10%
Revenue from Operations
61.81%
Total Assets
83.68%
Profit or Loss
15.49%
Net Worth
-63.39%
EBITDA
25.43%

What is the Ownership and Shareholding Structure of Octillion Power Systems India?

In 2022, Octillion Power Systems India had a promoter holding of 100.00%. 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

₹0.10 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
05 Dec 2020 The Hongkong And Shanghai Banking Corporation Limited ₹1.00 M Satisfied

How Many Employees Work at Octillion Power Systems India?

Octillion Power Systems India has a workforce of 117 employees as of Apr 08, 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 Octillion Power Systems 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 Octillion Power Systems 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 Octillion Power Systems India

Recent activity within the organization

  • Director Appointment

    Yang Wang was appointed as a Additional Director was appointed as a Additional Director on 19 Sep 2024 & has been associated with this company since 4 months 15 days .

    19 Sep 2024

  • Annual General Meeting

    Octillion Power Systems India Private Limited last Annual general meeting of members was held on 07 Sep 2024 as per latest MCA records.

    07 Sep 2024

  • Charges

    A charge registered on 05 Dec 2020 via Charge ID 100393547 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 12 Feb 2024.

    12 Feb 2024

  • Balance Sheet

    Octillion Power Systems India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Pune.

    31 Dec 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.10 Cr with Charge ID 100393547 was registered on 05 Dec 2020.

    05 Dec 2020

  • Director Appointment

    Nikhil Shrikant Parchure was appointed as a Director was appointed as a Director on 20 Aug 2019 & has been associated with this company since 5 years 5 months .

    20 Aug 2019

Frequently asked questions

  • Octillion Power Systems India Private Limited was incorporated on 19 Dec 2017.

  • The authorized share capital of Octillion Power Systems India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.99 Cr.

  • Currently 4 directors are associated with Octillion Power Systems India Private Limited.

    • Ravi Pandurang Pandit
    • Paul Maynard Beach
    • Nikhil Shrikant Parchure
    • Yang Wang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Octillion Power Systems India Private Limited is Gat No. 428 B5B Off Chakan Talegaon Road Behind Loreal India Village Mahalunge, Tal. India, Khed, Maharashtra, 410501.

  • The corporate identification number (CIN) of Octillion Power Systems India Private Limited is U74999PN2017FTC173926 and the company number is 173926 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Octillion Power Systems India Private Limited is https://www.octillion.us

  • According to the financial reports for the fiscal year 2022, the revenue trend for Octillion Power Systems India Private Limited has risen by 62.10%.

  • As Per 2022 financial reports, 117 employees are currently employed by Octillion Power Systems India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Octillion Power Systems India Private Limited has experienced an downturn of -63.39%.

  • The most recent Balance Sheet for Octillion Power Systems India Private Limited was filed with the ROC on 31 Dec 2023.

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