Orbit Corporation Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 113.96 Cr
- Company Age 25 Year, 20 Days
- 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 25 Year, 20 Days 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pujit Aggarwal  | Managing Director | 01-Apr-2009 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravikiran Aggarwal | Whole-Time Director | 10-Apr-2006 | Current |
| Sakina Mamaji | Additional Director | 12-Feb-2016 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Orbit Residency Private Limited
Ravikiran Aggarwal is a mutual person
Emgee Foils Private LimitedPujit Aggarwal and Ravikiran Aggarwal are mutual person
- Orbit Abode Private Limited
Pujit Aggarwal and Ravikiran Aggarwal are mutual person
- Apex Hotel Enterprises Pvt Ltd
Pujit Aggarwal is a mutual person
- Orbit Socio Foundation
Pujit Aggarwal and Ravikiran Aggarwal are mutual person
- Property Redevelopers Association
Pujit Aggarwal is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2015 | Au Financiers (India) Limited | ₹1.30 M | Open |
| 09 Sep 2014 | Corporation Bank | ₹2.88 M | Open |
| 22 Oct 2013 | Corporation Bank | ₹0.85 M | Open |
| 07 Oct 2013 | Corporation Bank | ₹2.55 M | Open |
| 30 Sep 2013 | Corporation Bank | ₹5.20 M | Open |
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.
Deals i
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
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 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 1 month .
- Annual General Meeting
Orbit Corporation Limited last Annual general meeting of members was held on 26 Dec 2015 as per latest MCA records.
- 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.
- Balance Sheet
Orbit Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Mumbai.
- Charges
A charge with Au Financiers (India) Limited amounted to Rs. 0.13 Cr with Charge ID 10571232 was registered on 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.
Recent News, Updates & Announcement
Sunteck Realty set to acquire Orbit-owned building in Mumbai’s Malabar Hills | Mint.Sunteck Realty is set to acquire BSE-listed troubled developer Orbit Corp.'s property Baug-E-Sara situated in the Malabar Hills area for around Rs34.20 crore.
- Orbit Corporation: Outcome of board meeting.
Dear Sir/Ma'am, We would like to inform you that the Board of Directors meeting of the Company has been scheduled to be held on Tuesday, 14th Day of March, 2017 at 12.30 PM at the registered office of the Company at The View, 165 Dr. Annie Besant Road, Worli, Mumbai-400 018 Mumbai..
- Banks, lenders crack the whip on real estate firms for loan recovery | Mint.
Banks are taking over realty projects, offices of real estate firms, also keen on jointly developing the seized land.
Frequently asked questions
What is the Incorporation or founding date of Orbit Corporation Limited?
Orbit Corporation Limited was incorporated on 07 Mar 2000.
What is authorized share capital and paid-up capital of Orbit Corporation Limited?
The authorized share capital of Orbit Corporation Limited is ₹ 200.00 Cr and paid-up capital is ₹ 113.96 Cr.
Who are the current board members & directors of Orbit Corporation Limited?
Currently 3 directors are associated with Orbit Corporation Limited.
- Pujit Ravikiran Aggarwal
- Ravikiran Surajbhan Aggarwal
- Sakina Saifee Mamaji
What is the registered address of Orbit Corporation Limited?
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.
What is the corporate identification number (CIN) and company number of Orbit Corporation Limited?
The corporate identification number (CIN) of Orbit Corporation Limited is L72900MH2000PLC124729 and the company number is 124729 as per Ministry of Corporate Affairs (MCA).
What is the official website of Orbit Corporation Limited?
The Official website of Orbit Corporation Limited is https://www.orbitcorp.com
What has been the recent revenue trend for Orbit Corporation Limited?
According to the financial reports for the fiscal year 2014, the revenue trend for Orbit Corporation Limited has fallen by -84.20%.
What change has been observed in the net worth of Orbit Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2014 indicates that The net worth of Orbit Corporation Limited has experienced an downturn of -15.79%.
What are the total open charges for Orbit Corporation Limited?
As per the financial statements for fiscal Year 2014, The total open charges for Orbit Corporation Limited amount to ₹ 1,831.61 Cr.
When was the last Balance Sheet of Orbit Corporation Limited filed with the ROC?
The most recent Balance Sheet for Orbit Corporation Limited was filed with the ROC on 31 Mar 2015.
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