Orbit Corporation Limited

Real estate construction and development company specializing in high-end residential and commercial properties in Mumbai.

2000 | Mumbai, Maharashtra (India) | Under Liquidation
Last Updated: May 08, 2024

Orbit Corporation Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 113.96 Cr
  • Company Age 24 Year, 11 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 1,831.61 Cr
  • Satisfied Charges ₹ 635.86 Cr
  • Revenue Growth -84.20%
  • Profit Growth -3423.63%
  • Ebitda -145.65%
  • Net Worth -15.79%
  • Total Assets 3.94%

About Orbit Corporation

Orbit Corporation Limited (OCL) is Under Liquidation company established on 07 Mar 2000 with its office registered at Mumbai, Maharashtra, India and has been running since 24 Year, 11 Months with a paid up capital of 113.96 Cr. According to MCA records, 3 Directors are linked to this company as of 08 May 2024.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    orbitcorp.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72900MH2000PLC124729

  • Company No.

    124729

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2000

  • Date of AGM

    26 Dec 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Orbit Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Pujit Aggarwal Country flag representing In Managing Director01-Apr-2009Current

Board Members (2)

NameDesignationAppointment DateStatus
Ravikiran Aggarwal Country flag representing In Whole-Time Director 10-Apr-2006Current
Sakina Mamaji Country flag representing In Additional Director 12-Feb-2016Current

Financial Performance of Orbit Corporation.

Orbit Corporation Limited, for the financial year ended 2014, experienced significant reduction in revenue, with a 84.2% decrease. The company also saw a substantial fall in profitability, with a 3423.63% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.79%.

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
-84.20%
Revenue from Operations
-86.18%
Total Assets
3.94%
Profit or Loss
-3423.63%
Net Worth
-15.79%
EBITDA
-145.65%

What is the Ownership and Shareholding Structure of Orbit Corporation?

In 2015, Orbit Corporation had a promoter holding of 24.76% and a public holding of 75.24%. The company had 8 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,831.61 Cr

Satisfied Charges

₹635.86 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 865.00 Cr
  • Punjab National Bank : 360.00 Cr
  • Jindal Equipment Leasing And Consultancy Services Ltd : 200.00 Cr
  • Capri Global Advisory Services Private Limited : 127.27 Cr
  • Ecl Finance Limited : 110.00 Cr
  • Others : 169.34 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2015Au Financiers (India) Limited₹1.30 MOpen
09 Sep 2014Corporation Bank₹2.88 MOpen
22 Oct 2013Corporation Bank₹0.85 MOpen
07 Oct 2013Corporation Bank₹2.55 MOpen
30 Sep 2013Corporation Bank₹5.20 MOpen

How Many Employees Work at Orbit Corporation?

Unlock and access historical data on people associated with Orbit Corporation, 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 Orbit Corporation, 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 Corporation'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 Orbit Corporation

Recent activity within the organization

  • Director Appointment

    Sakina Saifee Mamaji was appointed as a Additional Director was appointed as a Additional Director on 12 Feb 2016 & has been associated with this company since 9 years 9 days .

    12 Feb 2016

  • Annual General Meeting

    Orbit Corporation Limited last Annual general meeting of members was held on 26 Dec 2015 as per latest MCA records.

    26 Dec 2015

  • Charges

    A charge with Axis Bank Limited of Rs. 35.00 Cr registered on 28 Feb 2013 with Charge ID 10413225 was modified on 17 Jun 2015.

    17 Jun 2015

  • Balance Sheet

    Orbit Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Mumbai.

    31 Mar 2015

  • Charges

    A charge with Au Financiers (India) Limited amounted to Rs. 0.13 Cr with Charge ID 10571232 was registered on 09 Mar 2015.

    09 Mar 2015

  • Charges

    A charge with Corporation Bank amounted to Rs. 0.29 Cr with Charge ID 10521373 was registered on 09 Sep 2014.

    09 Sep 2014

Recent News, Updates & Announcement

Frequently asked questions

  • Orbit Corporation Limited was incorporated on 07 Mar 2000.

  • The authorized share capital of Orbit Corporation Limited is ₹ 200.00 Cr and paid-up capital is ₹ 113.96 Cr.

  • Currently 3 directors are associated with Orbit Corporation Limited.

    • Pujit Ravikiran Aggarwal
    • Ravikiran Surajbhan Aggarwal
    • Sakina Saifee Mamaji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Orbit Corporation Limited is The View 165 Dr. Annie Besant Road Worli Mumbai, 400018, Maharashtra, India.

  • The corporate identification number (CIN) of Orbit Corporation Limited is L72900MH2000PLC124729 and the company number is 124729 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Orbit Corporation Limited is https://www.orbitcorp.com

  • According to the financial reports for the fiscal year 2014, the revenue trend for Orbit Corporation Limited has fallen by -84.20%.

  • The financial reports for the fiscal year 2014 indicates that The net worth of Orbit Corporation Limited has experienced an downturn of -15.79%.

  • As per the financial statements for fiscal Year 2014, The total open charges for Orbit Corporation Limited amount to ₹ 1,831.61 Cr.

  • The most recent Balance Sheet for Orbit Corporation Limited was filed with the ROC on 31 Mar 2015.

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