Okie Ventures Private Limited

Okie Ventures Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2011PTC218500 Incorporated 09 June 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME · Micro
Data last updated
Revenue · FY 2022
₹1.63 Cr
▲ 192% YoY
Net profit · FY 2022
₹8.19 Lakh
Net margin 5%
EBITDA · FY 2022
₹16.77 Lakh
EBITDA margin 10.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Okie Ventures Private Limited

Data last updated:

Okie Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 09 June 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC218500. Its GSTIN is 27AAHCM2418E1ZP (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Maars Tech Engineers Private Limited. It is led by directors Geeta Amritlal Masand and Jitin Amrutlal Masand.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Office A – 1004 10th Floor Kanakia Wall Street Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.19 Lakh (net margin 5%) and EBITDA of ₹16.77 Lakh (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 84% over three years and 32% over five years.

Court records list 9 cases involving the company, including 9 filed against it; 7 cases are pending.

Okie Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0059805). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website okieindia.com.

Company details

CIN U74120MH2011PTC218500
Registration Number 218500
Incorporation Date 09 June 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0059805
Key People
Geeta Amritlal Masand Additional Director Jitin Amrutlal Masand Additional Director

Recognitions & Rankings of Okie Ventures

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-MH-18-0059805

Contact details

Okie Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is okieindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    okieindia.com
  • Registered Address
    Office A – 1004 10th Floor Kanakia Wall Street Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Okie Ventures Private Limited, buy the company report.

Comprehensive company report
Okie Ventures Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Okie Ventures is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Okie Ventures Private Limited, buy the company report.

Financials of Okie Ventures Private Limited

FY 2022 filings available

Okie Ventures Private Limited reported revenue of ₹1.63 Cr (up 192% YoY) for FY 2022.

Revenue · FY 2022
₹1.63 Cr ▲ 192%
Net profit · FY 2022
₹8.19 Lakh margin 5%
EBITDA · FY 2022
₹16.77 Lakh margin 10.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 192%
3 years · compounded
▲ 84%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 116%
3 years · compounded
▲ 113%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 192% growth in the latest year. EBITDA rose 116% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹1.63 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16.77 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.19 Lakh
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin10.3%
Net Profit Margin5%
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 Okie Ventures Private Limited, buy the company report.

Board of directors of Okie Ventures Private Limited

Okie Ventures has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Geeta Amritlal Masand
Also directs: Arshveer Traders Private Limited
Additional Director20 Sep 20224 Years 1 MonthsCurrent
Jitin Amrutlal Masand
Also directs: Okie Music Tech Private Limited, Okie Gaming and Entertainment Private Limited
Additional Director15 Oct 20233 Years 0 MonthsCurrent
View all directors

Auditor

Okie Ventures Private Limited is audited by R C G & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
R C G & COFY 2022123453W

Shareholding

The shareholding of Okie Ventures Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Okie Ventures Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Okie Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Okie Ventures has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCM2418E1ZPMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Okie Ventures Private Limited, buy the company report.

Recent activity

Okie Ventures Private Limited has 15 board changes on record since 2017: 2 appointments and 13 cessations. The latest: Paramjeet Singh Amar Singh Sikka ceased to be Additional Director on 01 Nov 2023.

Ceased
Paramjeet Singh Amar Singh Sikka ceased to be Additional Director.
Appointed
Jitin Amrutlal Masand was appointed as Additional Director.
Ceased
Jitin Amrutlal Masand ceased to be Additional Director.
Ceased
Rama Bhanuprasad Padia ceased to be Additional Director.
Ceased
Shahnavaj Nejamudin Sidiki ceased to be Additional Director.
AGM
Okie Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Appointed
Geeta Amritlal Masand was appointed as Additional Director.
Filing
Okie Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai I.
Ceased
Kapil Agarwal ceased to be Additional Director.
Ceased
Payal Agarwal ceased to be Additional Director.
Ceased
Firoz Rukmoddin Masuldar ceased to be Additional Director.
Ceased
Mehul Jayantilal Balsara ceased to be Additional Director.

6 earlier events are in the company report.

Frequently asked questions

Okie Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 09 June 2011 (15+ years old) and is registered under CIN U74120MH2011PTC218500.

Okie Ventures has 2 current directors:

The latest financial statements of Okie Ventures on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Okie Ventures is 27AAHCM2418E1ZP, registered in Maharashtra.

The CIN (Corporate Identification Number) of Okie Ventures is U74120MH2011PTC218500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Okie Ventures has 9 court cases on record: 9 filed against it. 7 are pending.

Okie Ventures was incorporated on 09 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

Paramjeet Singh Amar Singh Sikka ceased to be Additional Director on 01 Nov 2023. Jitin Amrutlal Masand was appointed as Additional Director on 15 Oct 2023. Jitin Amrutlal Masand ceased to be Additional Director on 05 Sep 2023. Okie Ventures has 15 board changes on record in total.

Yes, Okie Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0059805).

Okie Ventures can be reached through the website okieindia.com. Its registered office is in Mumbai, Maharashtra, India.