Orbit Finacloth Ltd

Provides financial consultancy services and invests in shares, manufactures and trades man-made fiber products.

1989 | Nagpur, Maharashtra (India) | Active
Last Updated: December 31, 2024

Orbit Finacloth Profile

Key Indicators

  • Authorised Capital ₹ 6.10 M
  • Paid Up Capital ₹ 6.06 M
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 16.54%
  • Profit Growth -40.00%
  • Ebitda -1.71%
  • Net Worth 1.05%
  • Total Assets 0.15%

About Orbit Finacloth

Orbit Finacloth Ltd (OFL) is a Public Limited Indian Non-Government Company incorporated in India on 12 July 1989 and has a history of 35 years and seven months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 6.10 M and a paid-up capital of Rs 6.06 M, as per Ministry of Corporate Affairs (MCA) records.

Hariom Choudhary, Neha Choudhary, and Vipul Choudhary serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110MH1989PLC052566

  • Company No.

    052566

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 1989

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Hariom Choudhary Country flag representing In Director 03-Aug-2009Current
Neha Choudhary Country flag representing In Director 05-Oct-2010Current
Vipul Choudhary Country flag representing In Director 03-Aug-2009Current

Financial Performance of Orbit Finacloth.

Orbit Finacloth Ltd, for the financial year ended 2015, experienced significant growth in revenue, with a 16.54% increase. The company also saw a substantial fall in profitability, with a 40% decrease in profit. The company's net worth moved up by a moderate rise of 1.05%.

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
16.54%
Revenue from Operations
9.77%
Total Assets
0.15%
Profit or Loss
-40.00%
Net Worth
1.05%
EBITDA
-1.71%

What is the Ownership and Shareholding Structure of Orbit Finacloth?

In 2015, Orbit Finacloth had a promoter holding of 40.96% and a public holding of 59.04%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Orbit Finacloth?

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

Recent activity within the organization

  • Annual General Meeting

    Orbit Finacloth Ltd last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Orbit Finacloth Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Director Appointment

    Neha Hariom Choudhary was appointed as a Director was appointed as a Director on 05 Oct 2010 & has been associated with this company since 14 years 4 months .

    05 Oct 2010

  • Director Appointment

    Hariom Ratanlalji Choudhary was appointed as a Director was appointed as a Director on 03 Aug 2009 & has been associated with this company since 15 years 6 months .

    03 Aug 2009

  • Director Appointment

    Vipul Hariom Choudhary was appointed as a Director was appointed as a Director on 03 Aug 2009 & has been associated with this company since 15 years 6 months .

    03 Aug 2009

  • Company Incorporation

    Orbit Finacloth Ltd was registered on 12 Jul 1989 with Roc Mumbai & aged 35 years 7 months as per MCA records.

    12 Jul 1989

Frequently asked questions

  • Orbit Finacloth Ltd was incorporated on 12 Jul 1989.

  • The authorized share capital of Orbit Finacloth Ltd is ₹ 6.10 M and paid-up capital is ₹ 6.06 M.

  • Currently 3 directors are associated with Orbit Finacloth Ltd.

    • Hariom Ratanlalji Choudhary
    • Neha Hariom Choudhary
    • Vipul Hariom Choudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Orbit Finacloth Ltd is 401 Ashirwad Commerciacomplex 4Th Flr Central India, Nagpur, Maharashtra, 440012.

  • The corporate identification number (CIN) of Orbit Finacloth Ltd is U17110MH1989PLC052566 and the company number is 052566 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2015, the revenue trend for Orbit Finacloth Ltd has risen by 16.54%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Orbit Finacloth Ltd has experienced an upsurge of 1.05%.

  • The most recent Balance Sheet for Orbit Finacloth Ltd was filed with the ROC on 31 Mar 2019.

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