Orbit Innovations Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.66 M
- Company Age 18 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.80 M
- Satisfied Charges ₹ 2.55 M
- Revenue Growth 17.86%
- Profit Growth 75.58%
- Ebitda 95.54%
- Net Worth 20.24%
- Total Assets 11.42%
About Orbit Innovations
Orbit Innovations Private Limited (OIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 December 2006 and has a history of 18 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Information Technology 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 1.00 M and a paid-up capital of Rs 0.66 M.
The company currently has active open charges totaling ₹9.80 M. The company has closed loans amounting to ₹2.55 M, as per Ministry of Corporate Affairs (MCA) records.
Balaji and Balaraman Lakshmi serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U72900TN2006PTC061824
- Company No.
061824
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Dec 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Orbit Innovations Private Limited offer?
Orbit Innovations Private Limited offers a wide range of products and services, including Data Entry & Data Processing Service, Data Conversion Services, Business Planning and Management, Business Consultant, Telecom Services, Engg & Maintenance, Mobile Communication Services, Mobile Solution Services, Project Management, Engineering Project, Accounting & Billing Software.
Who are the key members and board of directors at Orbit Innovations?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balaraman Lakshmi  | Managing Director | 21-Dec-2006 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balaji | Director | 24-Jul-2023 | Current |
Financial Performance of Orbit Innovations.
Orbit Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.86% increase. The company also saw a substantial improvement in profitability, with a 75.58% increase in profit. The company's net worth Soared by an impressive increase of 20.24%.
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What is the Ownership and Shareholding Structure of Orbit Innovations?
In 2023, Orbit Innovations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Adhame LlpBalaraman Lakshmi is a mutual person
Charges (Loans)
₹9.80 M
₹2.55 M
Charges Breakdown by Lending Institutions
- Others : 0.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2017 | Others | ₹9.80 M | Open |
| 26 Jun 2021 | Standard Chartered Bank | ₹1.05 M | Satisfied |
| 07 Apr 2012 | Bank Of Baroda | ₹1.50 M | Satisfied |
How Many Employees Work at Orbit Innovations?
Orbit Innovations has a workforce of 27 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 Innovations, 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 Innovations'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.
