Orbit Bearings (India) Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 24-10-2024
- Paid Up Capital ₹ 2.50 M
as on 24-10-2024
- Company Age 34 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.00 Cr
as on 24-10-2024
- Revenue 10.03%
(FY 2023)
- Profit -14.62%
(FY 2023)
- Ebitda -18.67%
(FY 2023)
- Net Worth 16.57%
(FY 2023)
- Total Assets 19.22%
(FY 2023)
About Orbit Bearings (India)
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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹4.00 Cr.
Pankaj Varasada, Vineshkumar Patel, Vipul Patel, and Two other members serve as directors at the Company.
- CIN/LLPIN
U29130GJ1990PTC013245
- Company No.
013245
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jan 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Orbit Bearings (India) Pvt. Ltd. offer?
Orbit Bearings (India) Pvt. Ltd. offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Cylindrical Roller Bearing, Commercial Vehicle Spare Parts, Truck Parts, Automotive Bearings, Roller Bearings, Tapered Roller Bearings, Cylindrical Bearings.
Who are the key members and board of directors at Orbit Bearings (India)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pankaj Varasada  | Managing Director | 16-Jan-1990 | Current |
| Vineshkumar Patel | Managing Director | 16-Jan-1990 | Current |
| Vipul Patel | Managing Director | 16-Jan-1990 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Samir Patel | Whole-Time Director | 25-Aug-2011 | Current |
| Sanjay Varasada | Whole-Time Director | 25-Aug-2011 | Current |
Financial Performance of Orbit Bearings (India).
Orbit Bearings (India) Pvt. Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 10.03% increase. The company also saw a substantial fall in profitability, with a 14.62% decrease in profit. The company's net worth Soared by an impressive increase of 16.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Orbit Bearings (India)?
In 2023, Orbit Bearings (India) had a promoter holding of 76.20% and a public holding of 23.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Orbit Urban Projects LlpActive 4 years 2 months
Vineshkumar Patel, Vipul Patel and 2 more are mutual person
- Orbit Heights Owners AssociationActive 3 years 9 months
Vineshkumar Patel and Vipul Patel are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Bank Limited Creation Date: 27 Sep 2010 | ₹4.00 Cr | Open |
State Bank Of Saurashtra Creation Date: 03 Feb 1997 | - | Satisfied |
State Bank Of Saurashtra Creation Date: 25 Jan 1996 | - | Satisfied |
How Many Employees Work at Orbit Bearings (India)?
Orbit Bearings (India) has a workforce of 928 employees as of Apr 07, 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 Orbit Bearings (India), 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 Orbit Bearings (India)'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.
