Ornet Intermediates Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 33 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 37.45 Cr
- Satisfied Charges ₹ 11.64 Cr
- Revenue Growth -12.47%
- Profit Growth 87.62%
- Ebitda 502.34%
- Net Worth 7.89%
- Total Assets -5.77%
About Ornet Intermediates
Ornet Intermediates Private Limited (OIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 March 1991 and has a history of 33 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Ornet Intermediates Limited. The Company is engaged in the Chemicals And Materials 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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹37.45 Cr. The company has closed loans amounting to ₹11.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dinesh Jain, Kavitadevi Jain, Kheemraj Chopra, and Two other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U24230GJ1991PTC015270
- Company No.
015270
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Mar 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Ornet Intermediates Private Limited offer?
Ornet Intermediates Private Limited offers a wide range of products and services, including Vat Dyes, Solubilised Vat Dyes, Reactive Dyes, Fabric Reactive Dyes, Flavours & Aromatics, Food Colors, Textile Auxiliaries, Direct Dyes, Acid Dyes, Basic Dyes.
Who are the key members and board of directors at Ornet Intermediates?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Jain  | Managing Director | 22-Mar-1991 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neil Jain | Director | 20-Dec-2012 | Current |
| Kavitadevi Jain | Director | 22-Apr-2004 | Current |
| Kheemraj Chopra | Director | 01-Oct-2007 | Current |
| Vivek Jain | Director | 18-May-2018 | Current |
Financial Performance of Ornet Intermediates.
Ornet Intermediates Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.47% decrease. The company also saw a substantial improvement in profitability, with a 87.62% increase in profit. The company's net worth moved up by a moderate rise of 7.89%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Ornet Intermediates?
In 2023, Ornet Intermediates had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vibrant Industrial Park LimitedDinesh Jain is a mutual person
Ornet Energy Private LimitedDinesh Jain and Neil Jain are mutual person
- Ornet Beauty Private Limited
Kavitadevi Jain and Neil Jain are mutual person
Canaan Infraventures LlpDinesh Jain is a mutual person
- Navkar Synthchem Pvt Ltd
Dinesh Jain is a mutual person
- Ornet Transformers Private Limited
Dinesh Jain and Vivek Jain are mutual person
Charges (Loans)
₹374.50 M
₹116.40 M
Charges Breakdown by Lending Institutions
- Union Bank Of India : 21.45 Cr
- Union Bank Ok India : 16.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2008 | Union Bank Ok India | ₹16.00 Cr | Open |
| 11 Oct 2005 | Union Bank Of India | ₹5.45 Cr | Open |
| 24 Mar 2005 | Union Bank Of India | ₹16.00 Cr | Open |
| 12 Aug 2015 | Icici Bank Limited | ₹3.88 Cr | Satisfied |
| 12 Aug 2015 | Icici Bank Limited | ₹3.88 Cr | Satisfied |
How Many Employees Work at Ornet Intermediates?
Ornet Intermediates has a workforce of 45 employees as of Apr 09, 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 Ornet Intermediates, 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 Ornet Intermediates'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.