Otto Clothing Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 2.50 M
- Company Age 20 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 397.72 Cr
- Satisfied Charges ₹ 92.87 Cr
- Revenue Growth 36.55%
- Profit Growth 17.98%
- Ebitda 19.12%
- Net Worth 32.71%
- Total Assets 27.27%
About Otto Clothing
Otto Clothing Private Limited (OCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 April 2004 and has a history of 20 years and 11 months. Its registered office is in Tirunelveli, Tamil Nadu, India.
The Corporate was formerly known as Pothys Clothing Private Limited. The Company is engaged in the Fashion And Textile 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 1.00 Cr and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹397.72 Cr. The company has closed loans amounting to ₹92.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sadayandi Ashok, Sadayandi Ramesh, Sadayandi Murugesh, and Two other members serve as directors at the Company.
Company Details
- Location
Tirunelveli, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17121TN2004PTC052880
- Company No.
052880
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Apr 2004
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Fashion and Textile
What products or services does Otto Clothing Private Limited offer?
Otto Clothing Private Limited offers a wide range of products and services, including Te Rgarm, Mens Vest, Mens Slim Fit Shirt, Uniform Dresses, Executive Shirt, Plain Shirt, Corporate Shirt.
Who are the key members and board of directors at Otto Clothing?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sadayandi Ramesh  | Managing Director | 02-Apr-2004 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sadayandi Ashok | Additional Director | 31-Mar-2019 | Current |
| Sadayandi Murugesh | Director | 02-Apr-2004 | Current |
| Sadayandi Pothiraj | Director | 02-Apr-2004 | Current |
| Sadayandi Mahesh | Director | 02-Apr-2004 | Current |
Financial Performance of Otto Clothing.
Otto Clothing Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.55% increase. The company also saw a substantial improvement in profitability, with a 17.98% increase in profit. The company's net worth Soared by an impressive increase of 32.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Otto Clothing?
In 2023, Otto Clothing 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)
Quality Power Electrical Equipments LimitedSadayandi Ramesh is a mutual person
Pothys Private LimitedSadayandi Ashok, Sadayandi Ramesh and 3 more are mutual person
Pothys Swarna Mahal Private LimitedSadayandi Ashok, Sadayandi Ramesh and 3 more are mutual person
- Kvps Property Developers Private Limited
Sadayandi Ashok, Sadayandi Ramesh and 3 more are mutual person
- Pothys Retail Private Limited
Sadayandi Ashok, Sadayandi Ramesh and 3 more are mutual person
- Pothys Textiles Private Limited
Sadayandi Ashok, Sadayandi Ramesh and 3 more are mutual person
Charges (Loans)
Open Charges
₹397.72 Cr
Satisfied Charges
₹92.87 Cr
Charges Breakdown by Lending Institutions
- Others : 166.09 Cr
- Hdfc Bank Limited : 114.63 Cr
- Sbicap Trustee Company Limited : 70.00 Cr
- Axis Bank Limited : 47.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Hdfc Bank Limited | ₹9.60 M | Open |
| 05 Jul 2024 | Others | ₹15.00 Cr | Open |
| 31 Jan 2024 | Hdfc Bank Limited | ₹0.98 M | Open |
| 31 Jan 2024 | Hdfc Bank Limited | ₹0.98 M | Open |
| 30 Jan 2024 | Hdfc Bank Limited | ₹3.19 M | Open |
How Many Employees Work at Otto Clothing?
Otto Clothing has a workforce of 3162 employees as of Jul 12, 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 Otto Clothing, 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 Otto Clothing'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.
Latest Updates, News, and FAQs on Otto Clothing
Recent activity within the organization
- Charges
A charge with Others of Rs. 20.00 Cr registered on 10 Nov 2023 with Charge ID 100822902 was modified on 28 Sep 2024.
- Charges
A charge with Axis Bank Limited of Rs. 30.00 Cr registered on 21 Sep 2019 with Charge ID 100290623 was modified on 04 Sep 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.96 Cr with Charge ID 100983071 was registered on 27 Aug 2024.
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100954590 was registered on 05 Jul 2024.
- Charges
A charge with Others of Rs. 20.00 Cr registered on 21 Jun 2023 with Charge ID 100743010 was modified on 05 Jul 2024.
- Charges
A charge with Sbicap Trustee Company Limited of Rs. 70.00 Cr registered on 20 Mar 2023 with Charge ID 100702144 was modified on 21 Jun 2024.
Recent News, Updates & Announcement
Marc O’Polo, Otto och About you:s e-handelsleverantör satsar på Sverige | MKSE.com.Scayle API-First, headless, cloud-native och composable "Commerce Engine" med fokus på B2C enterprise segmentet gör en satsning på den svenska marknaden,.
- OTTO, TVS Motor, MRF Tyres among TRA's most trusted brands in 2019.
MRF Tyres climbed to the 107th position from 130th in 2018, according to the report on Chennai brands that was released in Chennai on Wednesday..
Frequently asked questions
What is the Incorporation or founding date of Otto Clothing Private Limited?
Otto Clothing Private Limited was incorporated on 02 Apr 2004.
What is authorized share capital and paid-up capital of Otto Clothing Private Limited?
The authorized share capital of Otto Clothing Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Otto Clothing Private Limited?
Currently 5 directors are associated with Otto Clothing Private Limited.
- Sadayandi Ashok
- Sadayandi Ramesh
- Sadayandi Murugesh
- Sadayandi Pothiraj
- Sadayandi Mahesh
What is the registered address of Otto Clothing Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Otto Clothing Private Limited is No. 3 North Car Streeet Town India, Tirunelveli, Tamil Nadu, 627006.
What is the corporate identification number (CIN) and company number of Otto Clothing Private Limited?
The corporate identification number (CIN) of Otto Clothing Private Limited is U17121TN2004PTC052880 and the company number is 052880 as per Ministry of Corporate Affairs (MCA).
What is the official website of Otto Clothing Private Limited?
The Official website of Otto Clothing Private Limited is https://www.ottostore.com
What has been the recent revenue trend for Otto Clothing Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Otto Clothing Private Limited has risen by 36.55%.
How many employees does Otto Clothing Private Limited currently have?
As Per 2023 financial reports, 3162 employees are currently employed by Otto Clothing Private Limited.
What change has been observed in the net worth of Otto Clothing Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Otto Clothing Private Limited has experienced an upsurge of 32.71%.
What are the total open charges for Otto Clothing Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Otto Clothing Private Limited amount to ₹ 397.72 Cr.
When was the last Balance Sheet of Otto Clothing Private Limited filed with the ROC?
The most recent Balance Sheet for Otto Clothing Private Limited was filed with the ROC on 31 Mar 2023.
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