Orbit Projects Profile
Key Indicators
- Authorised Capital ₹ 2.40 Cr
- Paid Up Capital ₹ 5.32 M
- Company Age 29 Year, 30 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 107.72 Cr
- Satisfied Charges ₹ 286.60 Cr
- Revenue Growth 642.47%
- Profit Growth 57.08%
- Ebitda 23.21%
- Net Worth -85.10%
- Total Assets -3.73%
About Orbit Projects
Orbit Projects Pvt Ltd (OPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 February 1996 and has a history of 29 years. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.40 Cr and a paid-up capital of Rs 5.32 M.
The company currently has active open charges totaling ₹107.72 Cr. The company has closed loans amounting to ₹286.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijay Rathi, Anand Neotia, Nitesh Gupta, and Three other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65921WB1996PTC077615
- Company No.
077615
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Feb 1996
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Real Estate and Construction
What products or services does Orbit Projects Pvt Ltd offer?
Orbit Projects Pvt Ltd offers a wide range of products and services, including Commercial Construction Service, Commercial Buildings, Residential Construction Projects, Township Construction Services.
Who are the key members and board of directors at Orbit Projects?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Basant Parakh  | Managing Director | 26-Feb-1996 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Rathi | Director | 02-Jan-2008 | Current |
| Rajendra Agarwal | Director | 18-Sep-2024 | Current |
| Anand Neotia | Director | 13-Feb-2017 | Current |
| Nitesh Gupta | Director | 18-Sep-2024 | Current |
| Arvind Neotia | Whole-Time Director | 26-Feb-1996 | Current |
Financial Performance of Orbit Projects.
Orbit Projects Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 642.47% increase. The company also saw a substantial improvement in profitability, with a 57.08% increase in profit. The company's net worth observed a substantial decline by a decrease of 85.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Orbit Projects?
In 2023, Orbit Projects 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)
New Age Realty Private LimitedNitesh Gupta and Rajendra Agarwal are mutual person
- Emami Realty Limited
Nitesh Gupta and Basant Parakh are mutual person
Credai BengalBasant Parakh is a mutual person
Bengal Emami Housing LimitedRajendra Agarwal is a mutual person
- Orbit Niketan Private Limited
Vijay Rathi, Nitesh Gupta and 3 more are mutual person
- Orbit Tirupati Towers Private Limited
Vijay Rathi, Arvind Neotia and 1 more are mutual person
Charges (Loans)
Open Charges
₹107.72 Cr
Satisfied Charges
₹286.60 Cr
Charges Breakdown by Lending Institutions
- Others : 107.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2024 | Others | ₹2.20 M | Open |
| 21 Mar 2023 | Others | ₹50.00 Cr | Open |
| 30 Sep 2021 | Others | ₹57.50 Cr | Open |
| 27 Jul 2023 | Others | ₹15.00 Cr | Satisfied |
| 27 Jan 2021 | Hdfc Bank Limited | ₹1.35 M | Satisfied |
How Many Employees Work at Orbit Projects?
Orbit Projects has a workforce of 31 employees as of Apr 08, 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 Projects, 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 Projects'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 Projects
Recent activity within the organization
- Annual General Meeting
Orbit Projects Pvt Ltd last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Director Appointment
Nitesh Kumar Gupta was appointed as a Director was appointed as a Director on 18 Sep 2024 & has been associated with this company since 6 months 9 days .
- Director Appointment
Rajendra Agarwal was appointed as a Director was appointed as a Director on 18 Sep 2024 & has been associated with this company since 6 months 9 days .
- Charges
A charge registered on 27 Jul 2023 via Charge ID 100763483 with Others was fully satisfied on 06 Jul 2024.
- Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100937763 was registered on 28 May 2024.
- Charges
A charge registered on 27 Jan 2021 via Charge ID 100410209 with Hdfc Bank Limited was fully satisfied on 04 Apr 2024.
Frequently asked questions
What is the Incorporation or founding date of Orbit Projects Pvt Ltd?
Orbit Projects Pvt Ltd was incorporated on 26 Feb 1996.
What is authorized share capital and paid-up capital of Orbit Projects Pvt Ltd?
The authorized share capital of Orbit Projects Pvt Ltd is ₹ 2.40 Cr and paid-up capital is ₹ 5.32 M.
Who are the current board members & directors of Orbit Projects Pvt Ltd?
Currently 6 directors are associated with Orbit Projects Pvt Ltd.
- Vijay Narayan Rathi
- Anand Neotia
- Nitesh Kumar Gupta
- Arvind Kumar Neotia
- Basant Kumar Parakh
- Rajendra Agarwal
What is the registered address of Orbit Projects Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Orbit Projects Pvt Ltd is Acropolis 13Th Floor 1858/1 Rajdanga, Main Road Kasba India, Kolkata, West Bengal, 700107.
What is the corporate identification number (CIN) and company number of Orbit Projects Pvt Ltd?
The corporate identification number (CIN) of Orbit Projects Pvt Ltd is U65921WB1996PTC077615 and the company number is 077615 as per Ministry of Corporate Affairs (MCA).
What is the official website of Orbit Projects Pvt Ltd?
The Official website of Orbit Projects Pvt Ltd is https://www.orbitgroup.net
What has been the recent revenue trend for Orbit Projects Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Orbit Projects Pvt Ltd has risen by 642.47%.
How many employees does Orbit Projects Pvt Ltd currently have?
As Per 2023 financial reports, 31 employees are currently employed by Orbit Projects Pvt Ltd.
What change has been observed in the net worth of Orbit Projects Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Orbit Projects Pvt Ltd has experienced an downturn of -85.10%.
What are the total open charges for Orbit Projects Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Orbit Projects Pvt Ltd amount to ₹ 107.72 Cr.
When was the last Balance Sheet of Orbit Projects Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Orbit Projects Pvt Ltd was filed with the ROC on 31 Mar 2024.
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