Ovobel Foods Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 9.50 Cr
- Company Age 32 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.35 Cr
- Satisfied Charges ₹ 42.15 Cr
- Revenue Growth 76.94%
- Profit Growth 228268.82%
- Ebitda 18180.87%
- Net Worth 194.51%
- Total Assets 78.89%
About Ovobel Foods
Ovobel Foods Limited (OFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 January 1993 and has a history of 32 years and one month. Its registered office is in Bangalore, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530741.
The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 9.50 Cr.
The company currently has active open charges totaling ₹1.35 Cr. The company has closed loans amounting to ₹42.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ovobel Foods Limited India are Sunil Paulose as CFO and Prakriti Sarvouy as Company Secretary. Syed Fahad, Rakhi Bajoria, Channappa Gurusiddappa, and Two other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L85110KA1993PLC013875
- Company No.
013875
- Stock Symbol
BSE : 530741
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jan 1993
- Date of AGM
03 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
What products or services does Ovobel Foods Limited offer?
Ovobel Foods Limited offers a wide range of products and services, including Cosmetics, Hair & Beauty Products, Cosmetic Raw Material.
Who are the key members and board of directors at Ovobel Foods?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mysore Sharad  | Managing Director | 11-Dec-2020 | Current |
| Sunil Paulose | CFO | 14-Jun-2021 | Current |
| Prakriti Sarvouy | Company Secretary | 13-Jan-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rakhi Bajoria | Director | 04-Apr-2023 | Current |
| Syed Fahad | Director | 11-Dec-2020 | Current |
| Channappa Gurusiddappa | Director | 11-Dec-2020 | Current |
| Geetika Khandelwal | Director | 04-Apr-2023 | Current |
Financial Performance of Ovobel Foods.
Ovobel Foods Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 76.94% increase. The company also saw a substantial improvement in profitability, with a 228268.82% increase in profit. The company's net worth Soared by an impressive increase of 194.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ovobel Foods?
In 2023, Ovobel Foods had a promoter holding of 76.54% and a public holding of 23.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Greenergy Wind Corporation Private LimitedSyed Fahad is a mutual person
Greenergy Solar Enterprise Private LimitedSyed Fahad is a mutual person
Greenergy Renewable Source Private LimitedSyed Fahad is a mutual person
Rishabh Renergy Private LimitedSyed Fahad is a mutual person
Applied Solar Power Management Private LimitedSyed Fahad is a mutual person
Balurghat Technologies LimitedGeetika Khandelwal is a mutual person
Charges (Loans)
₹1.35 Cr
₹42.15 Cr
Charges Breakdown by Lending Institutions
- Andhra Bank : 1.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 1995 | Andhra Bank | ₹1.35 Cr | Open |
| 29 Jan 1999 | Karnataka State Industrial Investment And Development Corp L | ₹7.50 M | Satisfied |
| 14 Jun 1997 | Others | ₹29.90 Cr | Satisfied |
| 29 Apr 1997 | Vijaya Bank | ₹3.50 Cr | Satisfied |
| 29 Mar 1997 | Vijaya Bank | ₹4.00 Cr | Satisfied |
How Many Employees Work at Ovobel Foods?
Ovobel Foods has a workforce of 106 employees as of Mar 29, 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 Ovobel Foods, 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 Ovobel Foods'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.
