Okayti Tea Co Ltd

Produces and sells a variety of teas, invests in financial assets.

1918 | Kolkata, West Bengal (India) | Active
Last Updated: October 24, 2024

Okayti Tea Co Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.47 Cr
  • Company Age 106 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.80 Cr
  • Satisfied Charges ₹ 9.78 Cr
  • Revenue Growth 27.31%
  • Profit Growth 17.40%
  • Ebitda 71.93%
  • Net Worth 4.11%
  • Total Assets 1.15%

About Okayti Tea Co

Okayti Tea Co Ltd (OTCL) was founded in India on 06 June 1918 and has a glorious history of 106 years and eight months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as The Okayti Tea Co Ltd. The Company is engaged in the Agriculture 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 3.00 Cr and a paid-up capital of Rs 2.47 Cr.

The company currently has active open charges totaling ₹41.80 Cr. The company has closed loans amounting to ₹9.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajeev Baid, Sumita Baid, and Rakesh Baid serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    okaytitea.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15423WB1918PLC000555

  • Company No.

    000555

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 1918

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture

What products or services does Okayti Tea Co Ltd offer?

Okayti Tea Co Ltd offers a wide range of products and services, including Tea & Coffee, Herbal Tea, Corporate & Business Gifts, Corporate Gifts, Tea Bags, Tea, Black Tea, Teapot, Coffee Mugs & Tea Sets, Tea Sets.

Who are the key members and board of directors at Okayti Tea Co?

Board Members (3)

NameDesignationAppointment DateStatus
Rajeev Baid Country flag representing In Director 25-Mar-2021Current
Sumita Baid Country flag representing In Director 25-Mar-2021Current
Rakesh Baid Country flag representing In Director 30-Jul-2021Current

Financial Performance of Okayti Tea Co.

Okayti Tea Co Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 27.31% increase. The company also saw a substantial improvement in profitability, with a 17.4% increase in profit. The company's net worth moved up by a moderate rise of 4.11%.

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
27.31%
Revenue from Operations
31.38%
Total Assets
1.15%
Profit or Loss
17.40%
Net Worth
4.11%
EBITDA
71.93%

What is the Ownership and Shareholding Structure of Okayti Tea Co?

In 2023, Okayti Tea Co had a promoter holding of 99.35% and a public holding of 0.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.80 Cr

Satisfied Charges

₹9.78 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 26.46 Cr
  • Others : 15.34 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2024Hdfc Bank Limited₹26.46 CrOpen
13 Dec 2021Others₹3.42 MOpen
25 Mar 2021Others₹15.00 CrOpen
19 Sep 2022Others₹1.00 CrSatisfied
30 Jun 2021Others₹2.50 CrSatisfied

How Many Employees Work at Okayti Tea Co?

Unlock and access historical data on people associated with Okayti Tea Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Okayti Tea Co, 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 Okayti Tea Co'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 Okayti Tea Co

Recent activity within the organization

  • Charges

    A charge registered on 30 Jun 2021 via Charge ID 100460034 with Others was fully satisfied on 14 May 2024.

    14 May 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 26.46 Cr registered on 02 Mar 2024 with Charge ID 100895220 was modified on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 26.46 Cr with Charge ID 100895220 was registered on 02 Mar 2024.

    02 Mar 2024

  • Annual General Meeting

    Okayti Tea Co Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 2.50 Cr registered on 30 Jun 2021 with Charge ID 100460034 was modified on 22 Jun 2023.

    22 Jun 2023

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 25 Mar 2021 with Charge ID 100454595 was modified on 22 May 2023.

    22 May 2023

Frequently asked questions

  • Okayti Tea Co Ltd was incorporated on 06 Jun 1918.

  • The authorized share capital of Okayti Tea Co Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 2.47 Cr.

  • Currently 3 directors are associated with Okayti Tea Co Ltd.

    • Rajeev Baid
    • Sumita Baid
    • Rakesh Baid
  • As per Ministry of Corporate Affairs (Mca), the registered address of Okayti Tea Co Ltd is 11Th Floor At Premises No:32 Jawaharlal Nehru Road India, Kolkata, West Bengal, 700071.

  • The corporate identification number (CIN) of Okayti Tea Co Ltd is U15423WB1918PLC000555 and the company number is 000555 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Okayti Tea Co Ltd is https://www.okaytitea.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Okayti Tea Co Ltd has risen by 27.31%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Okayti Tea Co Ltd has experienced an upsurge of 4.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Okayti Tea Co Ltd amount to ₹ 41.80 Cr.

  • The most recent Balance Sheet for Okayti Tea Co Ltd was filed with the ROC on 31 Mar 2023.

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