Okay Tools Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.00 M
- Company Age 40 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.55 Cr
- Satisfied Charges ₹ 4.59 Cr
- Revenue Growth -13.24%
- Profit Growth -160.41%
- Ebitda -38.61%
- Net Worth -6.16%
- Total Assets -4.50%
About Okay Tools
Okay Tools Pvt Ltd (OTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 1984 and has a history of 40 years and six months. Its registered office is in Nashik, 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 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹11.55 Cr. The company has closed loans amounting to ₹4.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
Narendrakumar Saboo and Kanchan Saboo serve as directors at the Company.
Company Details
- Location
Nashik, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28932MH1984PTC034356
- Company No.
034356
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Oct 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Electronics & Durables
Okay Tools Pvt Ltd
Explore comprehensive data for Okay Tools Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Okay Tools?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narendrakumar Saboo  | Director | 22-Oct-1984 | Current |
| Kanchan Saboo | Director | 06-Nov-2014 | Current |
Financial Performance of Okay Tools.
Okay Tools Pvt Ltd, for the financial year ended 2024, experienced significant reduction in revenue, with a 13.24% decrease. The company also saw a substantial fall in profitability, with a 160.41% decrease in profit. The company's net worth dipped by a decrease of 6.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Okay Tools?
In 2024, Okay Tools had a public holding of 14.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Okay Fern Precision Castings Private LimitedNarendrakumar Saboo is a mutual person
- Nasik Steel Pvt Ltd
Narendrakumar Saboo is a mutual person
- Advantage Nashik Foundation
Narendrakumar Saboo is a mutual person
Charges (Loans)
Open Charges
₹115.48 M
Satisfied Charges
₹45.90 M
Charges Breakdown by Lending Institutions
- Tjsb Sahakari Bank Limited : 8.73 Cr
- The Thane Janata Sahakari Bank Limited : 2.29 Cr
- Maharashtra State Financial Corporation : 0.41 Cr
- The Thane Jantata Sahakari Bank Ltd. : 0.10 Cr
- Central Bank Of India : 0.01 Cr
- Others : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2025 | Tjsb Sahakari Bank Limited | ₹6.00 M | Open |
| 14 Jun 2024 | Tjsb Sahakari Bank Limited | ₹1.91 Cr | Open |
| 09 Jan 2023 | Tjsb Sahakari Bank Limited | ₹1.17 Cr | Open |
| 27 Dec 2021 | Tjsb Sahakari Bank Limited | ₹1.30 Cr | Open |
| 22 Jul 2008 | The Thane Janata Sahakari Bank Limited | ₹2.50 M | Open |
How Many Employees Work at Okay Tools?
Okay Tools has a workforce of 62 employees as of Mar 28, 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 Okay Tools, 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 Okay Tools'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 Okay Tools
Recent activity within the organization
- Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 6.00 M with Charge ID 101072381 was registered on 27 Mar 2025.
- Annual General Meeting
Okay Tools Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 19.10 M with Charge ID 100941727 was registered on 14 Jun 2024.
- Balance Sheet
Okay Tools Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 20 Jun 2022 via Charge ID 100591451 with Tjsb Sahakari Bank Limited was fully satisfied on 27 Dec 2023.
- Charges
A charge with Tjsb Sahakari Bank Limited of Rs. 11.70 M registered on 09 Jan 2023 with Charge ID 100665500 was modified on 07 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Okay Tools Pvt Ltd?
Okay Tools Pvt Ltd was incorporated on 22 Oct 1984.
What is authorized share capital and paid-up capital of Okay Tools Pvt Ltd?
The authorized share capital of Okay Tools Pvt Ltd is ₹ 1.50 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Okay Tools Pvt Ltd?
Currently 2 directors are associated with Okay Tools Pvt Ltd.
- Narendrakumar Jhabarmal Saboo
- Kanchan Narendra Saboo
What is the registered address of Okay Tools Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Okay Tools Pvt Ltd is E-16-28 Midc-Ambad India, Nashik, Maharashtra, 422010.
What is the corporate identification number (CIN) and company number of Okay Tools Pvt Ltd?
The corporate identification number (CIN) of Okay Tools Pvt Ltd is U28932MH1984PTC034356 and the company number is 034356 as per Ministry of Corporate Affairs (MCA).
What is the official website of Okay Tools Pvt Ltd?
The Official website of Okay Tools Pvt Ltd is https://www.okaytool.com
What has been the recent revenue trend for Okay Tools Pvt Ltd?
According to the financial reports for the fiscal year 2024, the revenue trend for Okay Tools Pvt Ltd has fallen by -13.24%.
How many employees does Okay Tools Pvt Ltd currently have?
As Per 2024 financial reports, 62 employees are currently employed by Okay Tools Pvt Ltd.
What change has been observed in the net worth of Okay Tools Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Okay Tools Pvt Ltd has experienced an downturn of -6.16%.
What are the total open charges for Okay Tools Pvt Ltd?
As per the financial statements for fiscal Year 2024, The total open charges for Okay Tools Pvt Ltd amount to ₹ 11.55 Cr.
When was the last Balance Sheet of Okay Tools Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Okay Tools Pvt Ltd was filed with the ROC on 31 Mar 2024.
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