Ovobel Foods Limited

This company processes and exports various egg products for industrial food processing and food service.

1993 | Bangalore, Karnataka (India) | Active
Last Updated:

Ovobel Foods Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 9.50 Cr
  • Company Age 32 Year, 2 Months
  • 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 two months. 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

Food and Beverages

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)

NameDesignationAppointment DateStatus
Mysore Sharad Country flag representing In Managing Director11-Dec-2020Current
Sunil Paulose CFO14-Jun-2021Current
Prakriti Sarvouy Country flag representing In Company Secretary13-Jan-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Rakhi Bajoria Country flag representing In Director 04-Apr-2023Current
Syed Fahad Country flag representing In Director 11-Dec-2020Current
Channappa Gurusiddappa Country flag representing In Director 11-Dec-2020Current
Geetika Khandelwal Country flag representing In Director 04-Apr-2023Current

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%.

Ovobel Foods revenue growth over time
Ovobel Foods 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
76.94%
Revenue from Operations
76.95%
Total Assets
78.89%
Profit or Loss
228268.82%
Net Worth
194.51%
EBITDA
18180.87%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.35 Cr

Satisfied Charges

₹42.15 Cr

Charges Breakdown by Lending Institutions

  • Andhra Bank : 1.35 Cr

Latest Charge Details

DateLenderAmountStatus
08 Dec 1995Andhra Bank₹1.35 CrOpen
29 Jan 1999Karnataka State Industrial Investment And Development Corp L₹7.50 MSatisfied
14 Jun 1997Others₹29.90 CrSatisfied
29 Apr 1997Vijaya Bank₹3.50 CrSatisfied
29 Mar 1997Vijaya Bank₹4.00 CrSatisfied

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.

Employee growth trends for Ovobel Foods Limited

Deals i

Graph showing company valuation over time

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

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 Ovobel Foods

Recent activity within the organization

  • Charges

    A charge registered on 14 Jun 1997 via Charge ID 90197218 with Others was fully satisfied on 17 Apr 2024.

  • Charges

    A charge registered on 29 Apr 1997 via Charge ID 90197205 with Vijaya Bank was fully satisfied on 17 Apr 2024.

  • Charges

    A charge registered on 29 Mar 1997 via Charge ID 90197193 with Vijaya Bank was fully satisfied on 17 Apr 2024.

  • Annual General Meeting

    Ovobel Foods Limited last Annual general meeting of members was held on 03 Jul 2023 as per latest MCA records.

  • Director Appointment

    Rakhi Bajoria was appointed as a Director was appointed as a Director on 04 Apr 2023 & has been associated with this company since 1 year 11 months .

  • Director Appointment

    Geetika Khandelwal was appointed as a Director was appointed as a Director on 04 Apr 2023 & has been associated with this company since 1 year 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ovobel Foods Limited?

    Ovobel Foods Limited was incorporated on 11 Jan 1993.

  • What is authorized share capital and paid-up capital of Ovobel Foods Limited?

    The authorized share capital of Ovobel Foods Limited is ₹ 11.00 Cr and paid-up capital is ₹ 9.50 Cr.

  • Who are the current board members & directors of Ovobel Foods Limited?

    Currently 7 directors are associated with Ovobel Foods Limited.

    • Syed Fahad
    • Rakhi Bajoria
    • Channappa Bhavihal Gurusiddappa
    • Mysore Satish Sharad
    • Geetika Khandelwal
    • Sunil Varghese Paulose
    • Prakriti Sarvouy

  • What is the registered address of Ovobel Foods Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ovobel Foods Limited is Ground Floor No.46 Old No.32/1 3Rd Cross, Aga Abbas Ali Road Ulsoor, Bangalore, Karnataka, India, 560042.

  • What is the corporate identification number (CIN) and company number of Ovobel Foods Limited?

    The corporate identification number (CIN) of Ovobel Foods Limited is L85110KA1993PLC013875 and the company number is 013875 as per Ministry of Corporate Affairs (MCA).

  • Is Ovobel Foods Limited registered with any stock exchange in India?

    Yes, Ovobel Foods Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Ovobel Foods Limited?

    The Official website of Ovobel Foods Limited is https://www.ovobelfoods.com

  • What has been the recent revenue trend for Ovobel Foods Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ovobel Foods Limited has risen by 76.94%.

  • How many employees does Ovobel Foods Limited currently have?

    As Per 2023 financial reports, 106 employees are currently employed by Ovobel Foods Limited.

  • What change has been observed in the net worth of Ovobel Foods Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ovobel Foods Limited has experienced an upsurge of 194.51%.

  • What are the total open charges for Ovobel Foods Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ovobel Foods Limited amount to ₹ 1.35 Cr.

  • When was the last Balance Sheet of Ovobel Foods Limited filed with the ROC?

    The most recent Balance Sheet for Ovobel Foods Limited was filed with the ROC on 31 Mar 2023.

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