Omkar Heavy Engineering Limited

Manufactures heavy machinery for various industries, including steel rolling mills and cooling plants.

1998 | Thane, Maharashtra (India) | Active
Last Updated: July 07, 2024

Omkar Heavy Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.01 M
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.60 Cr
  • Satisfied Charges ₹ 2.07 Cr
  • Revenue Growth -51.20%
  • Profit Growth 31.83%
  • Ebitda 17.39%
  • Net Worth -19.75%
  • Total Assets -3.85%

About Omkar Heavy Engineering

Omkar Heavy Engineering Limited (OHEL) is a Public Limited Indian Non-Government Company incorporated in India on 24 July 1998 and has a history of 26 years and six months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Omkar (Maharashtra) Profile Industries 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 1.00 Cr and a paid-up capital of Rs 5.01 M.

The company currently has active open charges totaling ₹1.60 Cr. The company has closed loans amounting to ₹2.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Khatadia, Shrenik Khatadia, and Mansvi Khatadia serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1998PLC115963

  • Company No.

    115963

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Omkar Heavy Engineering Limited offer?

Omkar Heavy Engineering Limited offers a wide range of products and services, including Apparel & Textile Machinery, Reeling Machine, Industrial Air Conditioner & Devices, Industrial Air Conditioning System, Measurement Gauges & Gauge Fittings, Gauge Assemblies, Fabric Cutters, Cranes, Forklift & Lifting Machines, Crane Spare Parts, Industrial & Metal Fabrication.

Who are the key members and board of directors at Omkar Heavy Engineering?

Board Members (3)

Name Designation Appointment Date Status
Rajesh Khatadia Country flag representing In Director 05-Nov-2022 Current
Shrenik Khatadia Country flag representing In Director 01-Feb-2018 Current
Mansvi Khatadia Country flag representing In Director 15-Apr-2019 Current

Financial Performance of Omkar Heavy Engineering.

Omkar Heavy Engineering Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 51.2% decrease. The company also saw a substantial improvement in profitability, with a 31.83% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.75%.

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
-51.20%
Revenue from Operations
-58.55%
Total Assets
-3.85%
Profit or Loss
31.83%
Net Worth
-19.75%
EBITDA
17.39%

What is the Ownership and Shareholding Structure of Omkar Heavy Engineering?

In 2023, Omkar Heavy Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.60 Cr

Satisfied Charges

₹2.07 Cr

Charges Breakdown by Lending Institutions

  • Indusind Bank Limited : 1.60 Cr

Latest Charge Details

Date Lender Amount Status
30 Aug 2011 Indusind Bank Limited ₹1.60 Cr Open
15 May 2015 Karnataka Bank Limited ₹2.00 Cr Satisfied
18 Mar 2013 Karnataka Bank Limited ₹0.65 M Satisfied

How Many Employees Work at Omkar Heavy Engineering?

Unlock and access historical data on people associated with Omkar Heavy Engineering, 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 Omkar Heavy Engineering, 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 Omkar Heavy Engineering'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 Omkar Heavy Engineering

Recent activity within the organization

  • Annual General Meeting

    Omkar Heavy Engineering Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 15 May 2015 via Charge ID 10573334 with Karnataka Bank Limited was fully satisfied on 21 Sep 2023.

    21 Sep 2023

  • Balance Sheet

    Omkar Heavy Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Rajesh Ramniklal Khatadia was appointed as a Director was appointed as a Director on 05 Nov 2022 & has been associated with this company since 2 years 3 months .

    05 Nov 2022

  • Charges

    A charge registered on 18 Mar 2013 via Charge ID 10418835 with Karnataka Bank Limited was fully satisfied on 12 Aug 2020.

    12 Aug 2020

  • Director Appointment

    Mansvi Rajesh Khatadia was appointed as a Director was appointed as a Director on 15 Apr 2019 & has been associated with this company since 5 years 9 months .

    15 Apr 2019

Frequently asked questions

  • Omkar Heavy Engineering Limited was incorporated on 24 Jul 1998.

  • The authorized share capital of Omkar Heavy Engineering Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.01 M.

  • Currently 3 directors are associated with Omkar Heavy Engineering Limited.

    • Rajesh Ramniklal Khatadia
    • Shrenik Rajesh Khatadia
    • Mansvi Rajesh Khatadia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Omkar Heavy Engineering Limited is Plot No B/9 Road No 15Wagle Industrial Estate Road No 16, Thane, Maharashtra, India, 400004.

  • The corporate identification number (CIN) of Omkar Heavy Engineering Limited is U74999MH1998PLC115963 and the company number is 115963 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Omkar Heavy Engineering Limited is https://www.omkargroups.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Omkar Heavy Engineering Limited has fallen by -51.20%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Omkar Heavy Engineering Limited has experienced an downturn of -19.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Omkar Heavy Engineering Limited amount to ₹ 1.60 Cr.

  • The most recent Balance Sheet for Omkar Heavy Engineering Limited was filed with the ROC on 31 Mar 2023.

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