About Oasis Textiles Limited
Data last updated:
Oasis Textiles Limited was a public limited company based in Vapi, Gujarat, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 28 March 1974.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17110GJ1974PLC002498. The company has 2 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.46 Cr. It was led by directors including Ramesh Dhanjibhai Solanki and Vinodchandra Chandulal Thakar.
Its last annual general meeting (AGM) was held on 25 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Shop No. 107 Sai Majastic Koparali Road, Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.66 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net loss of ₹1.89 Cr (net margin -71.1%) and EBITDA of -₹1.89 Cr (EBITDA margin -71.1%).
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The last known website on record is otl.in.net.
Company details
CIN history
Oasis Textiles has one previous CIN (Corporate Identification Number): U17110GJ1974PLC002498. The current CIN is L17110GJ1974PLC002498, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17110GJ1974PLC002498 | Current |
| U17110GJ1974PLC002498 | Previous |
Contact details
Oasis Textiles Limited's registered office is in Vapi, Gujarat.
- Registered AddressShop No. 107 Sai Majastic Koparali Road, Vapi, Gujarat, India – 396195
- IndustryFinancial Services, Financial Activities
- 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
Business activity
The main business activity of Oasis Textiles is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Oasis Textiles Limited, buy the company report.
Financials of Oasis Textiles Limited
FY 2015 filings availableOasis Textiles Limited reported revenue of ₹2.66 Cr (up 44% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 44% in the latest year. EBITDA fell 296% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.89 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.89 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -71.1% | |
| Net Profit Margin | -71.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Oasis Textiles Limited, buy the company report.
Board of directors of Oasis Textiles Limited
Oasis Textiles has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Dhanjibhai Solanki | Director | 24 Nov 2004 | 21 Years 11 Months | As last reported |
| Vinodchandra Chandulal Thakar | Director | 12 Aug 2006 | 20 Years 2 Months | As last reported |
| Pragnaben Jayantibhai Rathod | Director | 07 Nov 2014 | 11 Years 11 Months | As last reported |
Legal cases
Oasis Textiles Limited has 3 court cases on record: 2 filed by Oasis Textiles, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Dy. Commissioner of Income Tax, Circle - 3( | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by PR. Commissioner of Income Tax-3, Ahmedabad and 1 other | Disposed |
To see the full case history of Oasis Textiles Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Oasis Textiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Oasis Textiles has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Oasis Textiles Limited, buy the company report.
Recent activity
Oasis Textiles Limited has 9 board changes on record since 2004: 6 appointments and 3 cessations. The latest: Kruti Vyas ceased to be Company Secretary on 07 Jun 2017.
Frequently asked questions
Oasis Textiles has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Oasis Textiles was a public limited company based in Vapi, Gujarat, India. The company worked in financial activities, within the financial services industry. It was incorporated on 28 March 1974 and is registered under CIN L17110GJ1974PLC002498. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Oasis Textiles was incorporated on 28 March 1974. It is registered with the Registrar of Companies, Ahmedabad.
Oasis Textiles had 3 directors:
- Ramesh Dhanjibhai Solanki - Director
- Vinodchandra Chandulal Thakar - Director
- Pragnaben Jayantibhai Rathod - Director
The CIN (Corporate Identification Number) of Oasis Textiles is L17110GJ1974PLC002498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oasis Textiles is recorded as a listed company by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The registered office of Oasis Textiles is at Shop No. 107 Sai Majastic Koparali Road, Vapi, Gujarat, India – 396195.
Oasis Textiles can be reached through the website otl.in.net. Its registered office is in Vapi, Gujarat, India.
The latest financial statements of Oasis Textiles on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 25 September 2015. Year-wise statements from 2015 are in the company report.
No. Oasis Textiles has 2 GST registrations on record and all of them are cancelled or inactive.