Overdrive Electronics Profile
Key Indicators
- Authorised Capital ₹ 2.75 M
- Paid Up Capital ₹ 2.50 M
- Company Age 19 Year, 11 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 11 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
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200DL2005PTC136715
- Company No.
136715
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 May 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Consumer Electronics & Durables
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.
Overdrive Electronics Private Limited
Explore comprehensive data for Overdrive Electronics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Overdrive Electronics?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Richie Mittal  | Director | 26-May-2005 | Current |
| Mohit Mittal | Whole-Time Director | 01-Sep-2005 | Current |
| Mahendra Aggarwal | Director | 01-Oct-2014 | Current |
| Ritu Mittal | 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
- Profit and Loss
- Cash Flow
- Ratios
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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)
Overdrive Engineering Private LimitedRichie Mittal and Mohit Mittal are mutual person
Protech Consultants LlpRichie Mittal is a mutual person
Protech Financials Private LimitedRichie Mittal is a mutual person
- Overdrive Electric Private Limited
Mohit Mittal is a mutual person
Charges (Loans)
Open Charges
₹120.00 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Overdrive Electronics
Recent activity within the organization
- Annual General Meeting
Overdrive Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 120.00 M registered on 23 Jan 2023 with Charge ID 100673902 was modified on 21 Aug 2024.
- Balance Sheet
Overdrive Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 10 Aug 2017 via Charge ID 100134603 with Hdfc Bank Limited was fully satisfied on 23 Feb 2023.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 120.00 M with Charge ID 100673902 was registered on 23 Jan 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 76.79 M registered on 10 Aug 2017 with Charge ID 100134603 was modified on 26 Aug 2022.
Frequently asked questions
What is the Incorporation or founding date of Overdrive Electronics Private Limited?
Overdrive Electronics Private Limited was incorporated on 26 May 2005.
What is authorized share capital and paid-up capital of Overdrive Electronics Private Limited?
The authorized share capital of Overdrive Electronics Private Limited is ₹ 2.75 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Overdrive Electronics Private Limited?
Currently 4 directors are associated with Overdrive Electronics Private Limited.
- Richie Mittal
- Mohit Kumar Mittal
- Mahendra Kumar Aggarwal
- Ritu Mittal
What is the registered address of Overdrive Electronics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Overdrive Electronics Private Limited is C-1/1621, Vasant Kunj India, New Delhi, 110070.
What is the corporate identification number (CIN) and company number of Overdrive Electronics Private Limited?
The corporate identification number (CIN) of Overdrive Electronics Private Limited is U72200DL2005PTC136715 and the company number is 136715 as per Ministry of Corporate Affairs (MCA).
What is the official website of Overdrive Electronics Private Limited?
The Official website of Overdrive Electronics Private Limited is https://www.overdriveasia.com
What has been the recent revenue trend for Overdrive Electronics Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Overdrive Electronics Private Limited has risen by 131.30%.
How many employees does Overdrive Electronics Private Limited currently have?
As Per 2022 financial reports, 201 employees are currently employed by Overdrive Electronics Private Limited.
What change has been observed in the net worth of Overdrive Electronics Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Overdrive Electronics Private Limited has experienced an upsurge of 65.49%.
What are the total open charges for Overdrive Electronics Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Overdrive Electronics Private Limited amount to ₹ 12.00 Cr.
When was the last Balance Sheet of Overdrive Electronics Private Limited filed with the ROC?
The most recent Balance Sheet for Overdrive Electronics Private Limited was filed with the ROC on 31 Mar 2024.
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