Okay Tools Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.00 M
- Company Age 40 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.95 Cr
- Satisfied Charges ₹ 4.59 Cr
- Revenue Growth 43.50%
- Profit Growth 200.50%
- Ebitda 298.45%
- Net Worth 11.36%
- Total Assets 7.36%
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 four 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 ₹10.95 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
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 2023, experienced significant growth in revenue, with a 43.5% increase. The company also saw a substantial improvement in profitability, with a 200.5% increase in profit. The company's net worth Soared by an impressive increase of 11.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Okay Tools?
In 2023, Okay Tools had a promoter holding of 85.55% and 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 LtdNarendrakumar Saboo is a mutual person
- Advantage Nashik Foundation
Narendrakumar Saboo is a mutual person
Charges (Loans)
₹109.48 M
₹45.90 M
Charges Breakdown by Lending Institutions
- Tjsb Sahakari Bank Limited : 8.13 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 |
|---|---|---|---|
| 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 |
| 13 Mar 2008 | The Thane Janata Sahakari Bank Limited | ₹2.63 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.
