Orbit Resorts Profile
Key Indicators
- Authorised Capital ₹ 36.38 Cr
as on 16-11-2024
- Paid Up Capital ₹ 35.53 Cr
as on 16-11-2024
- Company Age 36 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 404.42 Cr
as on 16-11-2024
- Satisfied Charges ₹ 855.96 Cr
as on 16-11-2024
- Revenue 91.21%
(FY 2023)
- Profit 113.91%
(FY 2023)
- Ebitda 213.79%
(FY 2023)
- Net Worth 4.19%
(FY 2023)
- Total Assets 2.75%
(FY 2023)
About Orbit Resorts
The Corporate was formerly known as Orbit Resorts Private Limited. The Company is engaged in the Travel And Hospitality 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 36.38 Cr and a paid-up capital of Rs 35.53 Cr.
The company currently has active open charges totaling ₹404.42 Cr. The company has closed loans amounting to ₹855.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Orbit Resorts Limited India are Ashwani Vashishtha as CFO and Kanika as Company Secretary. Avtar Singh, Omkar Singh, Parambans Romana, and Four other members serve as directors at the Company.
- CIN/LLPIN
U55101CH1988PLC008156
- Company No.
008156
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Mar 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- LocationUt, Chandigarh
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Orbit Resorts?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurcharan  | Managing Director | 20-Feb-2020 | Current |
| Ashwani Vashishtha | CFO | 26-Aug-2022 | Current |
| Kanika | Company Secretary | 14-Mar-2022 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Avtar Singh | Director | 22-Aug-2017 | Current |
| Omkar Singh | Director | 23-Jul-2024 | Current |
| Parambans Romana | Director | 29-Jul-2022 | Current |
| Sarabjit Kaur | Director | 15-Sep-2020 | Current |
| Harpreet Singh | Director | 02-Nov-2022 | Current |
| Anantveer Badal | Director | 23-Jul-2024 | Current |
Financial Performance and Corporate Structure Insights of Orbit Resorts.
Orbit Resorts Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 91.21% increase. The company also saw a substantial improvement in profitability, with a 113.91% increase in profit. The company's net worth moved up by a moderate rise of 4.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Orbit Resorts?
In 2023, Orbit Resorts had a promoter holding of 93.49% and a public holding of 6.51%. The company had 8 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Orbit Aviation Private LimitedActive 17 years 5 monthsOmkar Singh, Gurcharan and 1 more are mutual person
- Hoshiarpur National Transporter Pvt LtdActive 70 years 6 months
Avtar Singh, Omkar Singh and 1 more are mutual person
- Dabwali Transport Company LimitedActive 81 years 4 months
Avtar Singh and Gurcharan are mutual person
- Rajdhani Transport Company Private LimitedActive 31 years 5 months
Avtar Singh and Gurcharan are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Sep 2024 | ₹3.27 Cr | Open |
Others Creation Date: 22 Aug 2024 | ₹1.69 M | Open |
Others Creation Date: 28 Jun 2024 | ₹2.69 Cr | Open |
How Many Employees Work at Orbit Resorts?
Orbit Resorts has a workforce of 698 employees as of Apr 04, 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 Resorts, 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 Resorts'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.
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