Ovington Finance Private Limited

NBFC providing business and personal loans secured against real estate, also assisting private schools with modernization.

2013 | Delhi (India) | Active
Last Updated: December 20, 2024

Ovington Finance Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 7.18 Cr
  • Company Age 11 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.50 Cr
  • Revenue Growth 1.05%
  • Profit Growth -37.61%
  • Ebitda -35.17%
  • Net Worth 3.73%
  • Total Assets -2.42%

About Ovington Finance

Ovington Finance Private Limited (OFPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 November 2013 and has a history of 11 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Financial Services 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 7.50 Cr and a paid-up capital of Rs 7.18 Cr.

The company has closed loans amounting to ₹3.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ovington Finance Private Limited India is Sadhana Anand as COMPANY SECRETARY. Bhagwan Narang, Sidharth Narang, and Prahlad Chauhan serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65923DL2013PTC261042

  • Company No.

    261042

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Ovington Finance?

Executive Team (1)

Name Designation Appointment Date Status
Sadhana Anand Company Secretary 02-May-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Bhagwan Narang Country flag representing In Director 27-Nov-2013 Current
Sidharth Narang Country flag representing In Director 27-Nov-2013 Current
Prahlad Chauhan Country flag representing In Director 06-Jan-2023 Current

Financial Performance of Ovington Finance.

Ovington Finance Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.05% increase. The company also saw a substantial fall in profitability, with a 37.61% decrease in profit. The company's net worth moved up by a moderate rise of 3.73%.

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
1.05%
Revenue from Operations
-3.06%
Total Assets
-2.42%
Profit or Loss
-37.61%
Net Worth
3.73%
EBITDA
-35.17%

What is the Ownership and Shareholding Structure of Ovington Finance?

In 2021, Ovington Finance 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

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.50 Cr

Latest Charge Details

Date Lender Amount Status
20 Sep 2017 Others ₹3.50 Cr Satisfied

How Many Employees Work at Ovington Finance?

Ovington Finance has a workforce of 14 employees as of Apr 08, 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 Ovington Finance, 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 Ovington Finance'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 Ovington Finance

Recent activity within the organization

  • Annual General Meeting

    Ovington Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 20 Sep 2017 via Charge ID 100141283 with Others was fully satisfied on 01 Jun 2024.

    01 Jun 2024

  • Director Appointment

    Sadhana Anand was appointed as a Company Secretary was appointed as a Company Secretary on 02 May 2024 & has been associated with this company since 9 months 13 days .

    02 May 2024

  • Balance Sheet

    Ovington Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Prahlad Chauhan was appointed as a Director was appointed as a Director on 06 Jan 2023 & has been associated with this company since 2 years 1 month .

    06 Jan 2023

  • Charges

    A charge with Others of Rs. 3.50 Cr registered on 20 Sep 2017 with Charge ID 100141283 was modified on 03 May 2019.

    03 May 2019

Frequently asked questions

  • Ovington Finance Private Limited was incorporated on 27 Nov 2013.

  • The authorized share capital of Ovington Finance Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.18 Cr.

  • Currently 4 directors are associated with Ovington Finance Private Limited.

    • Bhagwan Das Narang
    • Sidharth Narang
    • Prahlad Chauhan
    • Sadhana Anand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ovington Finance Private Limited is 203, Devika Tower 6 Nehru Place India, New Delhi, 110019.

  • The corporate identification number (CIN) of Ovington Finance Private Limited is U65923DL2013PTC261042 and the company number is 261042 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ovington Finance Private Limited is https://www.ovingtonfinance.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ovington Finance Private Limited has risen by 1.05%.

  • As Per 2022 financial reports, 14 employees are currently employed by Ovington Finance Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ovington Finance Private Limited has experienced an upsurge of 3.73%.

  • The most recent Balance Sheet for Ovington Finance Private Limited was filed with the ROC on 31 Mar 2024.

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