Oster Knit Pvt Limited

Manufacturer of knitted and crocheted apparel, hosiery goods, garments, and home furnishings.

1993 | Ludhiana, Punjab (India) | Active
Last Updated:

Oster Knit Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 3.99 M
  • Company Age 32 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.36 Cr
  • Satisfied Charges ₹ 13.10 Cr
  • Revenue Growth 17.42%
  • Profit Growth 20.31%
  • Ebitda 36.89%
  • Net Worth 10.33%
  • Total Assets 18.15%

About Oster Knit

Oster Knit Pvt Limited (OKPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 January 1993 and has a history of 32 years and three months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Manufacturing 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 6.00 M and a paid-up capital of Rs 3.99 M.

The company currently has active open charges totaling ₹38.36 Cr. The company has closed loans amounting to ₹13.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harbhajan Singh, Sukhwinder Kaur, Baldev Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101PB1993PTC012949

  • Company No.

    012949

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Oster Knit Pvt Limited offer?

Oster Knit Pvt Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Coated Fabric, Blankets & Quilts, Quilts, Apparel Fabrics & Clothing Textiles, Cotton Textile, Fleece Fabrics, Fabric.

Company report

Oster Knit Pvt Limited

Explore comprehensive data for Oster Knit Pvt Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Oster Knit?

Board Members (4)

NameDesignationAppointment DateStatus
Harbhajan Singh Country flag representing In Director 15-Jan-1993Current
Sukhwinder Kaur Country flag representing In Director 26-Feb-1993Current
Baldev Singh Country flag representing In Director 02-Nov-2011Current
Gurmukh Singh Country flag representing In Director 02-Nov-2011Current

Financial Performance of Oster Knit.

Oster Knit Pvt Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.42% increase. The company also saw a substantial improvement in profitability, with a 20.31% increase in profit. The company's net worth Soared by an impressive increase of 10.33%.

Oster Knit revenue growth over time
Oster Knit profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.42%
Revenue from Operations
18.06%
Total Assets
18.15%
Profit or Loss
20.31%
Net Worth
10.33%
EBITDA
36.89%

What is the Ownership and Shareholding Structure of Oster Knit?

In 2023, Oster Knit had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹383.56 M

Satisfied Charges

₹131.05 M

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 27.70 Cr
  • Hdfc Bank Limited : 10.64 Cr
  • State Bank Of India : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
16 Sep 2022Karnataka Bank Ltd.₹2.00 CrOpen
09 Jun 2022Karnataka Bank Ltd.₹7.50 MOpen
29 Dec 2021Hdfc Bank Limited₹10.64 CrOpen
14 Jul 2021Karnataka Bank Ltd.₹9.00 MOpen
30 Jun 2020Karnataka Bank Ltd.₹2.25 CrOpen

How Many Employees Work at Oster Knit?

Oster Knit has a workforce of 93 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.

Employee growth trends for Oster Knit Pvt Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Oster Knit, 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 Oster Knit's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Oster Knit

Recent activity within the organization

  • Annual General Meeting

    Oster Knit Pvt Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Oster Knit Pvt Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge registered on 09 Mar 2020 via Charge ID 100347550 with Hdfc Bank Limited was fully satisfied on 09 Jun 2023.

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 207.80 M registered on 11 Jul 2005 with Charge ID 80012300 was modified on 22 Feb 2023.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 20.00 M with Charge ID 100618525 was registered on 16 Sep 2022.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 7.50 M with Charge ID 100585971 was registered on 09 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Oster Knit Pvt Limited?

    Oster Knit Pvt Limited was incorporated on 15 Jan 1993.

  • What is authorized share capital and paid-up capital of Oster Knit Pvt Limited?

    The authorized share capital of Oster Knit Pvt Limited is ₹ 6.00 M and paid-up capital is ₹ 3.99 M.

  • Who are the current board members & directors of Oster Knit Pvt Limited?

    Currently 4 directors are associated with Oster Knit Pvt Limited.

    • Harbhajan Singh
    • Sukhwinder Kaur
    • Baldev Singh
    • Gurmukh Singh

  • What is the registered address of Oster Knit Pvt Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Oster Knit Pvt Limited is Machiwara Road, Kohara India, Ludhiana, Punjab, 141112.

  • What is the corporate identification number (CIN) and company number of Oster Knit Pvt Limited?

    The corporate identification number (CIN) of Oster Knit Pvt Limited is U18101PB1993PTC012949 and the company number is 012949 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Oster Knit Pvt Limited?

    The Official website of Oster Knit Pvt Limited is https://www.osterindia.com

  • What has been the recent revenue trend for Oster Knit Pvt Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Oster Knit Pvt Limited has risen by 17.42%.

  • How many employees does Oster Knit Pvt Limited currently have?

    As Per 2023 financial reports, 93 employees are currently employed by Oster Knit Pvt Limited.

  • What change has been observed in the net worth of Oster Knit Pvt Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Oster Knit Pvt Limited has experienced an upsurge of 10.33%.

  • What are the total open charges for Oster Knit Pvt Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Oster Knit Pvt Limited amount to ₹ 38.36 Cr.

  • When was the last Balance Sheet of Oster Knit Pvt Limited filed with the ROC?

    The most recent Balance Sheet for Oster Knit Pvt Limited was filed with the ROC on 31 Mar 2024.

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