Orbit Projects Profile
Key Indicators
- Authorised Capital ₹ 2.40 Cr
- Paid Up Capital ₹ 5.32 M
- Company Age 28 Year, 11 Months
- 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 28 years and 11 months. 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
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 LimitedVijay 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)
₹107.72 Cr
₹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.
