

Onward Technologies Profile
Key Indicators
- Authorised Capital ₹ 44.62 Cr
- Paid Up Capital ₹ 22.63 Cr
- Company Age 33 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 119.85 Cr
- Revenue Growth 35.26%
- Profit Growth 74.73%
- Ebitda 51.04%
- Net Worth 8.86%
- Total Assets 1.88%
About Onward Technologies
Onward Technologies Limited (OTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 July 1991 and has a history of 33 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517536 and on the National Stock Exchange(NSE) under ONWARDTEC.
The Corporate was formerly known as Onward Engineering Technologies Private Limited. The Company is engaged in the Engineering 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 44.62 Cr and a paid-up capital of Rs 22.63 Cr.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹119.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Onward Technologies Limited India are Pawankumar Nathani as CFO and Vinav Agarwal as Company Secretary. Harish Shantilal, Jai Diwanji, Jay Sonawala, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Onward Technologies Limited offer?
Onward Technologies Limited offers a wide range of products and services, including Networking Solutions, Change Management Service, Civil Engineering Service, Structural Engineering Service, Product Prototyping Services, Product Engineering Service, Software Development & IT Consultant, Software Consulting Service, ERP Solutions, Testing Services.
Who are the key members and board of directors at Onward Technologies?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Jigar Mehta ![]() | Managing Director | 16-May-2016 | Current |
Pawankumar Nathani | CFO | 12-May-2023 | Current |
Vinav Agarwal | Company Secretary | 20-Oct-2023 | Current |
Board Members (6)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Harsha Raghavan ![]() | Director | 30-Jun-2021 | Current |
Dhanpal Jhaveri ![]() | Director | 12-May-2023 | Current |
Harish Shantilal ![]() | Whole-Time Director | 18-Jul-1991 | Current |
Jai Diwanji ![]() | Director | 12-May-2023 | Current |
Jay Sonawala ![]() | Director | 15-May-2020 | Current |
Niranjani Chandramouli ![]() | Director | 29-Sep-2022 | Current |
Financial Performance of Onward Technologies.
Onward Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.26% increase. The company also saw a substantial improvement in profitability, with a 74.73% increase in profit. The company's net worth moved up by a moderate rise of 8.86%.


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What is the Ownership and Shareholding Structure of Onward Technologies?
In 2023, Onward Technologies had a promoter holding of 45.21% and a public holding of 54.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Hershey India Private Limited
Niranjani Chandramouli is a mutual person
- Jhm Enterprises Private Limited
Harish Shantilal and Jigar Mehta are mutual person
- Phm Growth Private Limited
Harish Shantilal is a mutual person
- Indian Angel Network Services Private Limited
Harish Shantilal is a mutual person
- Imc Chamber Of Commerce And Industry
Dhanpal Jhaveri is a mutual person
- Jsw Mg Motor India Private Limited
Dhanpal Jhaveri is a mutual person
Charges (Loans)
₹4.00 Cr
₹119.85 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 2.50 Cr
- Others : 1.50 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
03 Apr 2023 | Others | ₹1.50 Cr | Open |
27 Nov 2019 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.50 Cr | Open |
30 Oct 2021 | Others | ₹5.50 M | Satisfied |
02 Feb 2021 | Others | ₹7.00 M | Satisfied |
28 Oct 2020 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.70 Cr | Satisfied |
How Many Employees Work at Onward Technologies?
Onward Technologies has a workforce of 2581 employees as of Apr 05, 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 Onward Technologies, 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 Onward Technologies'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 Onward Technologies
Recent activity within the organization
- Annual General Meeting
Onward Technologies Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 1.50 Cr registered on 03 Apr 2023 with Charge ID 100709941 was modified on 17 Apr 2024.
- Balance Sheet
Onward Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 2.50 Cr registered on 27 Nov 2019 with Charge ID 100309390 was modified on 01 Feb 2024.
- Charges
A charge registered on 02 Feb 2021 via Charge ID 100442519 with Others was fully satisfied on 11 Nov 2023.
- Director Appointment
Jai Shishir Diwanji was appointed as a Director was appointed as a Director on 12 May 2023 & has been associated with this company since 2 years 11 days .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Onward Technologies Limited?
Onward Technologies Limited was incorporated on 18 Jul 1991.
What is authorized share capital and paid-up capital of Onward Technologies Limited?
The authorized share capital of Onward Technologies Limited is ₹ 44.62 Cr and paid-up capital is ₹ 22.63 Cr.
Who are the current board members & directors of Onward Technologies Limited?
Currently 9 directors are associated with Onward Technologies Limited.
- Harish Mehta Shantilal
- Jai Shishir Diwanji
- Jay Nitin Sonawala
- Harsha Raghavan
- Dhanpal Arvind Jhaveri
- Jigar Harish Mehta
- Niranjani Chandramouli
- Pawankumar Jethanand Nathani
- Vinav Agarwal
What is the registered address of Onward Technologies Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Onward Technologies Limited is Sterling Centre 2Nd Floor Dr. A.B. Road, Worli India, Mumbai, Maharashtra, 400018.
What is the corporate identification number (CIN) and company number of Onward Technologies Limited?
The corporate identification number (CIN) of Onward Technologies Limited is L28920MH1991PLC062542 and the company number is 062542 as per Ministry of Corporate Affairs (MCA).
Is Onward Technologies Limited registered with any stock exchange in India?
Yes, Onward Technologies Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ONWARDTEC.
What is the official website of Onward Technologies Limited?
The Official website of Onward Technologies Limited is https://www.onwardgroup.com
What has been the recent revenue trend for Onward Technologies Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Onward Technologies Limited has risen by 35.26%.
How many employees does Onward Technologies Limited currently have?
As Per 2023 financial reports, 2581 employees are currently employed by Onward Technologies Limited.
What change has been observed in the net worth of Onward Technologies Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Onward Technologies Limited has experienced an upsurge of 8.86%.
What are the total open charges for Onward Technologies Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Onward Technologies Limited amount to ₹ 4.00 Cr.
When was the last Balance Sheet of Onward Technologies Limited filed with the ROC?
The most recent Balance Sheet for Onward Technologies Limited was filed with the ROC on 31 Mar 2024.
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