Oilgear India Profile
Key Indicators
- Authorised Capital ₹ 1.75 Cr
as on 13-08-2024
- Paid Up Capital ₹ 1.69 Cr
as on 13-08-2024
- Company Age 28 Year, 30 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.99 Cr
as on 13-08-2024
- Satisfied Charges ₹ 5.00 Cr
as on 13-08-2024
- Revenue 50.53%
(FY 2023)
- Profit 69.19%
(FY 2023)
- Ebitda 36.79%
(FY 2023)
- Net Worth 6.30%
(FY 2023)
- Total Assets 54.81%
(FY 2023)
About Oilgear India
The Corporate was formerly known as Towler Enterprise Solutions Private 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 1.75 Cr and a paid-up capital of Rs 1.69 Cr.
The company currently has active open charges totaling ₹14.99 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nimesh Shah, Adesh Shah, and Jinesh Shah serve as directors at the Company.
- CIN/LLPIN
U85110KA1996PTC021546
- Company No.
021546
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Dec 1996
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Oilgear India Private Limited offer?
Oilgear India Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Industrial Valves, Hydraulic Valves, Pumps, Pumping Machines & Spares, Piston Pumps, Hydraulic & Pneumatic Machines, Hydraulic Manifold Block, Electric Motors and Components, AC Motor, Safety & Pressure Relief Valves.
Who are the key members and board of directors at Oilgear India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nimesh Shah  | Director | 30-May-2013 | Current |
| Adesh Shah | Director | 30-May-2013 | Current |
| Jinesh Shah | Director | 30-May-2013 | Current |
Financial Performance of Oilgear India.
Oilgear India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.53% increase. The company also saw a substantial improvement in profitability, with a 69.19% increase in profit. The company's net worth moved up by a moderate rise of 6.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Oilgear India?
Unlock access to Oilgear India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Transtec Overseas Private LimitedActive 24 years 4 monthsNimesh Shah, Adesh Shah and 1 more are mutual person
Indian Textile Accessories And Machinery Manufacturers' AssociationActive 55 years 6 monthsNimesh Shah is a mutual person
Charges (Loans)
₹14.99 Cr
₹5.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 14.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2023 | Hdfc Bank Limited | ₹14.99 Cr | Open |
| 07 Mar 2014 | Bank Of Baroda | ₹1.00 Cr | Satisfied |
| 08 Oct 2001 | Bank Of India | ₹1.75 Cr | Satisfied |
| 09 Dec 2000 | Bank Of India | ₹1.25 Cr | Satisfied |
| 02 Dec 2000 | Bank Of India | ₹1.00 Cr | Satisfied |
How Many Employees Work at Oilgear India?
Oilgear India has a workforce of 5 employees as of Aug 13, 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 Oilgear 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 Oilgear 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
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