Overdrive Electric Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 9 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.50 M
- Revenue Growth 60.44%
- Profit Growth -49.76%
- Ebitda 25.77%
- Net Worth -151.95%
- Total Assets -53.48%
About Overdrive Electric
Overdrive Electric Private Limited (OEPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 March 2015 (Nine years and ten months 29 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Electronics & Durables 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹4.50 M.
Ramesh Srinivasan and Mohit Mittal serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U31501KA2015PTC079221
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Company No.
079221
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Mar 2015
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Date of AGM
25 Aug 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Overdrive Electric Private Limited offer?
Overdrive Electric Private Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, Light Bulb.
Who are the key members and board of directors at Overdrive Electric?
Board Members (2)
Name | Designation | Appointment Date | Status |
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Mohit Mittal
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Director | 12-Mar-2015 | Current |
Ramesh Srinivasan
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Director | 12-Mar-2015 | Current |
Financial Performance of Overdrive Electric.
Overdrive Electric Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 60.44% increase. The company also saw a substantial fall in profitability, with a 49.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 151.95%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Overdrive Electric?
In 2019, Overdrive Electric 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](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹4.50 M
₹0
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 0.45 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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10 Oct 2017 | Indian Overseas Bank | ₹4.50 M | Open |
How Many Employees Work at Overdrive Electric?
Unlock and access historical data on people associated with Overdrive Electric, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
![Graph showing employee growth trends](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Overdrive Electric, 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 Overdrive Electric's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.