Oar Overseas Private Limited
About Oar Overseas Private Limited
Data last updated:
Oar Overseas Private Limited was a private limited company based in Patna, Bihar, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 20 January 1981.
The company was registered with the Registrar of Companies (ROC), Patna, under CIN U51220BR1981PTC001501. Its GSTIN is 10AAACI4929B1Z9 (Bihar). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹24.94 Lakh. It was formerly known as Iron Scrap & Procesing Works Private Limited and Iron Scrap & Processing Works Private Limited. It was led by directors including Saurabh Bhartiya and Prashant Bhartiya.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 313 N. P. Centre New Dakbunglow Road, Patna, Bihar, India – 800001.
As per the financials filed for FY 2023, the company reported a revenue of ₹65,000, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹1,548 (net margin 2.4%) and EBITDA of ₹3,096 (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 46% over five years.
Company details
Name history
Oar Overseas has undergone 2 name changes throughout its history. The company was previously known as Iron Scrap & Procesing Works Private Limited, and Iron Scrap & Processing Works Private Limited. The current legal name is Oar Overseas Private Limited.
| Company Name | Status |
|---|---|
| Oar Overseas Private Limited | Current |
| Iron Scrap & Procesing Works Private Limited | Previous |
| Iron Scrap & Processing Works Private Limited | Previous |
CIN history
Oar Overseas has one previous CIN (Corporate Identification Number): U27200BR1981PTC001501. The current CIN is U51220BR1981PTC001501, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51220BR1981PTC001501 | Current |
| U27200BR1981PTC001501 | Previous |
Contact details
Oar Overseas Private Limited's registered office is in Patna, Bihar. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address313 N. P. Centre New Dakbunglow Road, Patna, Bihar, India – 800001
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Oar Overseas Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Oar Overseas Private Limited
FY 2023 filings availableOar Overseas Private Limited reported revenue of ₹65,000 (down 91% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 91% fall in the latest year. EBITDA rose 128% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹3,096 | ||||
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| Net Profit (PAT) | ₹1,548 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Oar Overseas Private Limited, buy the company report.
Board of directors of Oar Overseas Private Limited
Oar Overseas has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Bhartiya Also directs: Hargouri Steels Private Limited | Director | 29 Oct 2013 | 13 Years 0 Months | As last reported |
| Prashant Bhartiya Also directs: Dina Iron & Steel Limited, Tanbha Industries Private Limited, Crossroad Infrastructure LLP and 4 more | Director | 29 Oct 2013 | 13 Years 0 Months | As last reported |
| Sanjay Kumar Bhartiya | Director | 27 Jul 1998 | 28 Years 3 Months | As last reported |
Auditor
Oar Overseas Private Limited is audited by SUBODH GOEL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBODH GOEL & CO | FY 2021 | 006103C |
Shareholding
The shareholding of Oar Overseas Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Oar Overseas Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Oar Overseas Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Oar Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Oar Overseas has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAACI4929B1Z9 | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Oar Overseas Private Limited, buy the company report.
Recent activity
Oar Overseas Private Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Aruna Devi Bhartiya ceased to be Director on 29 Oct 2013.
Frequently asked questions
Oar Overseas has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Oar Overseas was a private limited company based in Patna, Bihar, India. The company worked in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 20 January 1981 and is registered under CIN U51220BR1981PTC001501. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Oar Overseas is U51220BR1981PTC001501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oar Overseas had 3 directors:
- Saurabh Bhartiya - Director
- Prashant Bhartiya - Director
- Sanjay Kumar Bhartiya - Director
Oar Overseas was incorporated on 20 January 1981. It is registered with the Registrar of Companies, Patna.
The registered office of Oar Overseas is at 313 N. P. Centre New Dakbunglow Road, Patna, Bihar, India – 800001.
The latest financial statements of Oar Overseas on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Oar Overseas is 10AAACI4929B1Z9, registered in Bihar. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Oar Overseas operated in the food and beverages industry, in the food and beverage retail and distribution segment.
Aruna Devi Bhartiya ceased to be Director on 29 Oct 2013. Prashant Bhartiya was appointed as Director on 29 Oct 2013. Ritu Bhartiya ceased to be Director on 29 Oct 2013. Oar Overseas has 5 board changes on record in total.