Overnite Express Limited

Global courier company offering domestic and international services with extensive network and value added options.

1986 | Central Delhi, Delhi (India) | Under Liquidation
Last Updated: April 23, 2024

Overnite Express Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.23 M
  • Company Age 38 Year, 2 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 44.26 Cr
  • Satisfied Charges ₹ 1.48 Cr
  • Revenue Growth 2.45%
  • Profit Growth 907.96%
  • Ebitda 68.85%
  • Net Worth 8.31%
  • Total Assets 5.65%

About Overnite Express

Overnite Express Limited (OEL) is Under Liquidation company established on 27 Nov 1986 with its office registered at Central Delhi, Delhi, India and has been running since 38 Year, 2 Months with a paid up capital of 4.23 M. According to MCA records, 3 Directors are linked to this company as of 23 Apr 2024.

Company Details

  • Location

    Central Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    overnitenet.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U64120DL1986PLC026209

  • Company No.

    026209

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 1986

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

What products or services does Overnite Express Limited offer?

Overnite Express Limited offers a wide range of products and services, including Transport Agents & Bulk Carriers, Courier Service.

Who are the key members and board of directors at Overnite Express?

Executive Team (1)

NameDesignationAppointment DateStatus
Om Rajgarhia Country flag representing In Managing Director13-Dec-2002Current

Board Members (2)

NameDesignationAppointment DateStatus
Harsh Rajgarhia Country flag representing In Whole-Time Director 07-Jan-2011Current
Anita Rajgarhia Country flag representing In Whole-Time Director 07-Jan-2010Current

Financial Performance of Overnite Express.

Overnite Express Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 2.45% increase. The company also saw a substantial improvement in profitability, with a 907.96% increase in profit. The company's net worth moved up by a moderate rise of 8.31%.

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
2.45%
Revenue from Operations
2.57%
Total Assets
5.65%
Profit or Loss
907.96%
Net Worth
8.31%
EBITDA
68.85%

What is the Ownership and Shareholding Structure of Overnite Express?

In 2018, Overnite Express had a promoter holding of 99.88% and a public holding of 0.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.26 Cr

Satisfied Charges

₹1.48 Cr

Charges Breakdown by Lending Institutions

  • Deutsche Bank Ag : 18.80 Cr
  • Standard Chartered Bank : 10.96 Cr
  • Yes Bank Limited : 9.50 Cr
  • Tata Capital Financial Services Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2019Tata Capital Financial Services Limited₹5.00 CrOpen
30 Nov 2018Deutsche Bank Ag₹6.00 CrOpen
30 Nov 2018Deutsche Bank Ag₹12.80 CrOpen
30 Mar 2010Yes Bank Limited₹9.50 CrOpen
19 Dec 2009Standard Chartered Bank₹10.96 CrOpen

How Many Employees Work at Overnite Express?

Overnite Express has a workforce of 60 employees as of Apr 10, 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 Overnite Express, 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 Overnite Express'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 Overnite Express

Recent activity within the organization

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 5.00 Cr with Charge ID 100276752 was registered on 31 May 2019.

    31 May 2019

  • Charges

    A charge with Deutsche Bank Ag amounted to Rs. 6.00 Cr with Charge ID 100244191 was registered on 30 Nov 2018.

    30 Nov 2018

  • Charges

    A charge with Deutsche Bank Ag amounted to Rs. 12.80 Cr with Charge ID 100245740 was registered on 30 Nov 2018.

    30 Nov 2018

  • Annual General Meeting

    Overnite Express Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Overnite Express Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Delhi.

    31 Mar 2018

  • Charges

    A charge registered on 15 Jun 2012 via Charge ID 10369449 with Hdfc Bank Limited was fully satisfied on 15 Jun 2015.

    15 Jun 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Overnite Express Limited was incorporated on 27 Nov 1986.

  • The authorized share capital of Overnite Express Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.23 M.

  • Currently 3 directors are associated with Overnite Express Limited.

    • Harsh Vardhan Rajgarhia
    • Anita Rajgarhia
    • Om Prakash Rajgarhia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Overnite Express Limited is Overnite House11099- C, East Park Road, New Delhi, India, 110005.

  • The corporate identification number (CIN) of Overnite Express Limited is U64120DL1986PLC026209 and the company number is 026209 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Overnite Express Limited is https://www.overnitenet.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Overnite Express Limited has risen by 2.45%.

  • As Per 2018 financial reports, 60 employees are currently employed by Overnite Express Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Overnite Express Limited has experienced an upsurge of 8.31%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Overnite Express Limited amount to ₹ 44.26 Cr.

  • The most recent Balance Sheet for Overnite Express Limited was filed with the ROC on 31 Mar 2018.

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