Overdrive Electronics Profile
Key Indicators
- Authorised Capital ₹ 2.75 M
- Paid Up Capital ₹ 2.50 M
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.00 Cr
- Satisfied Charges ₹ 7.68 Cr
- Revenue Growth 131.30%
- Profit Growth 125.69%
- Ebitda 586.83%
- Net Worth 65.49%
- Total Assets 61.29%
About Overdrive Electronics
Overdrive Electronics Private Limited (OEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 May 2005 and has a history of 19 years and eight months. Its registered office is in Delhi, India.
The Corporate was formerly known as Mishima Infotech Private Limited. 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 2.75 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹12.00 Cr. The company has closed loans amounting to ₹7.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Richie Mittal, Mohit Mittal, Mahendra Aggarwal, and One other member serve as directors at the Company.
Company Details
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Location
Delhi, 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
U72200DL2005PTC136715
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Company No.
136715
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 May 2005
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Date of AGM
30 Sep 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 Delhi
Industry
What products or services does Overdrive Electronics Private Limited offer?
Overdrive Electronics Private Limited offers a wide range of products and services, including Food Storage Boxes & Containers, Kitchen Jar, Decorative Light, Lamp & Lamp Shades, Wall Light, Indoor Lights & Lighting Accessories, LED Lamp, Ceiling Lights, LED Bulb, Decorative Lamps, Light Bulb.
Who are the key members and board of directors at Overdrive Electronics?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Richie Mittal
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Director | 26-May-2005 | Current |
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Mohit Mittal
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Whole-Time Director | 01-Sep-2005 | Current |
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Mahendra Aggarwal
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Director | 01-Oct-2014 | Current |
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Ritu Mittal
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Director | 18-Aug-2009 | Current |
Financial Performance of Overdrive Electronics.
Overdrive Electronics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 131.3% increase. The company also saw a substantial improvement in profitability, with a 125.69% increase in profit. The company's net worth Soared by an impressive increase of 65.49%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Overdrive Electronics?
In 2023, Overdrive Electronics had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Overdrive Engineering Private LimitedRichie Mittal and Mohit Mittal are mutual person
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Protech Consultants LlpRichie Mittal is a mutual person
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Protech Financials Private LimitedRichie Mittal is a mutual person
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Overdrive Electric Private Limited
Mohit Mittal is a mutual person
Charges (Loans)
₹120.00 M
₹76.79 M
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 12.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹12.00 Cr | Open |
| 10 Aug 2017 | Hdfc Bank Limited | ₹7.68 Cr | Satisfied |
How Many Employees Work at Overdrive Electronics?
Overdrive Electronics has a workforce of 201 employees as of Mar 31, 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 Overdrive Electronics, 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 Electronics'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.
