Oerlikon Friction Systems (India) Profile
Key Indicators
- Authorised Capital ₹ 9.10 M
- Paid Up Capital ₹ 7.10 M
- Company Age 30 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.20 M
- Revenue Growth 25.90%
- Profit Growth 105.89%
- Ebitda 85.87%
- Net Worth 0.58%
- Total Assets -0.13%
About Oerlikon Friction Systems (India)
Oerlikon Friction Systems (India) Private Limited (OFSIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 29 April 1994 and has a history of 30 years and 11 months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as Oerlikon Friction Systems (India) Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 9.10 M and a paid-up capital of Rs 7.10 M.
The company currently has active open charges totaling ₹3.20 M.
Vivek Pandit, Pravin Shirse, Gary Skipper, and One other member serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65923TN1994FTC070723
- Company No.
070723
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
29 Apr 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Machinery and Equipment
Who are the key members and board of directors at Oerlikon Friction Systems (India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Pandit  | Director | 20-Jul-2015 | Current |
| Pravin Shirse | Director | 20-Jul-2015 | Current |
Gary Skipper  | Director | 23-Mar-2016 | Current |
Paul Bussinger  | Director | 09-Aug-2019 | Current |
Financial Performance of Oerlikon Friction Systems (India).
Oerlikon Friction Systems (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.9% increase. The company also saw a substantial improvement in profitability, with a 105.89% increase in profit. The company's net worth moved up by a moderate rise of 0.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Oerlikon Friction Systems (India)?
In 2021, Oerlikon Friction 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.
Related Corporates (Common Directorship)
Oerlikon Balzers Coating India Private LimitedVivek Pandit, Pravin Shirse and 1 more are mutual person
Indian Cutting Tool Manufacturers' AssociationPravin Shirse is a mutual person
Charges (Loans)
Open Charges
₹3.20 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 0.30 Cr
- Others : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2022 | Others | ₹0.20 M | Open |
| 01 Mar 2017 | State Bank Of India | ₹3.00 M | Open |
How Many Employees Work at Oerlikon Friction Systems (India)?
Oerlikon Friction Systems (India) has a workforce of 88 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Oerlikon Friction 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 Oerlikon Friction Systems (India)'s trajectory.
Rating
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
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 Oerlikon Friction Systems (India)
Recent activity within the organization
- Annual General Meeting
Oerlikon Friction Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Oerlikon Friction Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 0.20 M with Charge ID 100545748 was registered on 28 Feb 2022.
- Director Appointment
Paul Andre Francois Bussinger was appointed as a Director was appointed as a Director on 09 Aug 2019 & has been associated with this company since 5 years 7 months .
- Charges
A charge with State Bank Of India amounted to Rs. 3.00 M with Charge ID 100092474 was registered on 01 Mar 2017.
- Director Appointment
Gary Ivan Skipper was appointed as a Director was appointed as a Director on 23 Mar 2016 & has been associated with this company since 9 years 5 days .
Frequently asked questions
What is the Incorporation or founding date of Oerlikon Friction Systems (India) Private Limited?
Oerlikon Friction Systems (India) Private Limited was incorporated on 29 Apr 1994.
What is authorized share capital and paid-up capital of Oerlikon Friction Systems (India) Private Limited?
The authorized share capital of Oerlikon Friction Systems (India) Private Limited is ₹ 9.10 M and paid-up capital is ₹ 7.10 M.
Who are the current board members & directors of Oerlikon Friction Systems (India) Private Limited?
Currently 4 directors are associated with Oerlikon Friction Systems (India) Private Limited.
- Vivek Shrikrishna Pandit
- Pravin Abasaheb Shirse
- Gary Ivan Skipper
- Paul Andre Francois Bussinger
What is the registered address of Oerlikon Friction Systems (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Oerlikon Friction Systems (India) Private Limited is K17 K18 Sipcot Industrial Park, Irungatukottai Sriperumbadur Taluk, Kancheepuram, Tamil Nadu, India, 602117.
What is the corporate identification number (CIN) and company number of Oerlikon Friction Systems (India) Private Limited?
The corporate identification number (CIN) of Oerlikon Friction Systems (India) Private Limited is U65923TN1994FTC070723 and the company number is 070723 as per Ministry of Corporate Affairs (MCA).
What is the official website of Oerlikon Friction Systems (India) Private Limited?
The Official website of Oerlikon Friction Systems (India) Private Limited is https://www.oerlikon.com
What has been the recent revenue trend for Oerlikon Friction Systems (India) Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Oerlikon Friction Systems (India) Private Limited has risen by 25.90%.
How many employees does Oerlikon Friction Systems (India) Private Limited currently have?
As Per 2022 financial reports, 88 employees are currently employed by Oerlikon Friction Systems (India) Private Limited.
What change has been observed in the net worth of Oerlikon Friction Systems (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Oerlikon Friction Systems (India) Private Limited has experienced an upsurge of 0.58%.
What are the total open charges for Oerlikon Friction Systems (India) Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Oerlikon Friction Systems (India) Private Limited amount to ₹ 3.20 M.
When was the last Balance Sheet of Oerlikon Friction Systems (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Oerlikon Friction Systems (India) Private Limited was filed with the ROC on 31 Mar 2023.
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