Otc Spices Private Limited

Spice processing, packaging, and trading with a variety of cooking spices available online.

2012 | Kachchh, Gujarat (India) | Active
Last Updated: December 14, 2024

Otc Spices Profile

Key Indicators

  • Authorised Capital ₹ 2.30 Cr
  • Paid Up Capital ₹ 2.16 Cr
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3.40 Cr
  • Satisfied Charges ₹ 5.03 Cr
  • Revenue Growth -29.66%
  • Profit Growth -38.29%
  • Ebitda 44.91%
  • Net Worth 2.88%
  • Total Assets 11.07%

About Otc Spices

Otc Spices Private Limited (OSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 March 2012 and has a history of 12 years and 11 months. Its registered office is in Kachchh, Gujarat, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 2.30 Cr and a paid-up capital of Rs 2.16 Cr.

The company currently has active open charges totaling ₹3.40 Cr. The company has closed loans amounting to ₹5.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Babulal Bhanushali, Bharat Bhanushali, Shambhulal Bhanushali, and One other member serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    otcspices.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15495GJ2012PTC069472

  • Company No.

    069472

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 2012

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages

What products or services does Otc Spices Private Limited offer?

Otc Spices Private Limited offers a wide range of products and services, including Cooking Spices and Masala, Masala Mix, Chilli Powder, Red Chilli Powder.

Who are the key members and board of directors at Otc Spices?

Board Members (4)

NameDesignationAppointment DateStatus
Babulal Bhanushali Country flag representing In Director 16-Mar-2012Current
Bharat Bhanushali Country flag representing In Director 16-Mar-2012Current
Shambhulal Bhanushali Country flag representing In Director 16-Mar-2012Current
Arvind Bhanushali Country flag representing In Director 16-Mar-2012Current

Financial Performance of Otc Spices.

Otc Spices Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 29.66% decrease. The company also saw a substantial fall in profitability, with a 38.29% decrease in profit. The company's net worth moved up by a moderate rise of 2.88%.

Graph illustrating revenue growth over time
Graph showing 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
-29.66%
Revenue from Operations
-29.70%
Total Assets
11.07%
Profit or Loss
-38.29%
Net Worth
2.88%
EBITDA
44.91%

What is the Ownership and Shareholding Structure of Otc Spices?

In 2021, Otc Spices 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

₹3.40 Cr

Satisfied Charges

₹5.03 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.40 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2020State Bank Of India₹3.40 CrOpen
11 Jan 2018Others₹4.13 CrSatisfied
10 Apr 2014Bank Of Baroda₹4.13 MSatisfied
10 Jan 2013Bank Of Baroda₹4.90 MSatisfied

How Many Employees Work at Otc Spices?

Otc Spices has a workforce of 4 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Otc Spices, 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 Otc Spices'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 Otc Spices

Recent activity within the organization

  • Annual General Meeting

    Otc Spices Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Otc Spices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.

    31 Mar 2021

  • Charges

    A charge registered on 11 Jan 2018 via Charge ID 100150286 with Others was fully satisfied on 28 Jan 2021.

    28 Jan 2021

  • Charges

    A charge registered on 10 Apr 2014 via Charge ID 10489021 with Bank Of Baroda was fully satisfied on 28 Jan 2021.

    28 Jan 2021

  • Charges

    A charge registered on 10 Jan 2013 via Charge ID 10399113 with Bank Of Baroda was fully satisfied on 28 Jan 2021.

    28 Jan 2021

  • Charges

    A charge with State Bank Of India of Rs. 3.40 Cr registered on 01 Oct 2020 with Charge ID 100388712 was modified on 03 Nov 2020.

    03 Nov 2020

Frequently asked questions

  • Otc Spices Private Limited was incorporated on 16 Mar 2012.

  • The authorized share capital of Otc Spices Private Limited is ₹ 2.30 Cr and paid-up capital is ₹ 2.16 Cr.

  • Currently 4 directors are associated with Otc Spices Private Limited.

    • Babulal Jivram Bhanushali
    • Bharat Babulal Bhanushali
    • Shambhulal Jivram Bhanushali
    • Arvind Babulal Bhanushali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Otc Spices Private Limited is Plot No. 127 Gidc, India, Mandvi, Gujarat, 370465.

  • The corporate identification number (CIN) of Otc Spices Private Limited is U15495GJ2012PTC069472 and the company number is 069472 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Otc Spices Private Limited is https://www.otcspices.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Otc Spices Private Limited has fallen by -29.66%.

  • As Per 2021 financial reports, 4 employees are currently employed by Otc Spices Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Otc Spices Private Limited has experienced an upsurge of 2.88%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Otc Spices Private Limited amount to ₹ 3.40 Cr.

  • The most recent Balance Sheet for Otc Spices Private Limited was filed with the ROC on 31 Mar 2021.