Oktech AA Information Services Private Limited
About Oktech AA Information Services Private Limited
Data last updated:
Oktech AA Information Services Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Oktech Inc. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 13 March 2020.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64990KA2020FTC133330. Its GSTIN is 29AADCO1420G1ZR (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.23 Cr. It is led by directors including Gaurav Kumar and Harsh Pokharna.
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 is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.54 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹98.65 Lakh (net margin 63.9%) and EBITDA of ₹1.31 Cr (EBITDA margin 85.1%).
The company is associated with 1 brand: OkCredit.
Company details
CIN history
Oktech AA Information Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U64990KA2020FTC133330, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64990KA2020FTC133330 | Current |
| U74110KA2020FTC133330 | Previous |
| U72900KA2020FTC133330 | Previous |
Contact details
Oktech AA Information Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.339 5th Floor 14th B Cross Road, 6th Main 6th Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Oktech AA Information Services 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
Brands
Oktech AA Information Services operates one associated brand: OkCredit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital ledger application offered for small businesses' transaction management. | okcredit.in |
Business activity
The main business activity of Oktech AA Information Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Oktech AA Information Services Private Limited, buy the company report.
Financials of Oktech AA Information Services Private Limited
FY 2023 filings availableOktech AA Information Services Private Limited reported revenue of ₹1.54 Cr (down 43% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year. EBITDA rose 106% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.54 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.31 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹98.65 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 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 85.1% | |||
| Net Profit Margin | 63.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Oktech AA Information Services Private Limited, buy the company report.
Board of directors of Oktech AA Information Services Private Limited
Oktech AA Information Services has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Kumar Also directs: Psi Phi Global Solutions Private Limited | Director | 13 Mar 2020 | 6 Years 7 Months | As last reported |
| Harsh Pokharna Also directs: Psi Phi Global Solutions Private Limited | Director | 13 Mar 2020 | 6 Years 7 Months | As last reported |
| Aditya Prasad Also directs: Psi Phi Global Solutions Private Limited | Director | 13 Mar 2020 | 6 Years 7 Months | As last reported |
| Chitra Srinivas | Irp/Rp/Liquidator | 14 May 2024 | 2 Years 5 Months | As last reported |
Auditor
Oktech AA Information Services Private Limited is audited by B S R AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R AND CO | FY 2023 | 128510W |
Shareholding
The shareholding of Oktech AA Information Services Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Oktech AA Information Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Oktech AA Information Services 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 Oktech AA Information Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Oktech AA Information Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCO1420G1ZR | Karnataka | Active | 29 Jan 2022 |
To see the full GST registrations and return filing status of Oktech AA Information Services Private Limited, buy the company report.
Recent activity
Oktech AA Information Services Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Chitra Srinivas was appointed as Irp/Rp/Liquidator on 14 May 2024.
Frequently asked questions
Oktech AA Information Services is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Oktech AA Information Services is a company under liquidation, formerly operating as a foreign private limited company based in Bangalore, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 13 March 2020 and is registered under CIN U64990KA2020FTC133330. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Oktech AA Information Services has 4 current directors:
- Gaurav Kumar - Director
- Harsh Pokharna - Director
- Aditya Prasad - Director
- Chitra Srinivas - Irp/Rp/Liquidator
The latest financial statements of Oktech AA Information Services 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 FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Oktech AA Information Services is U64990KA2020FTC133330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oktech AA Information Services was incorporated on 13 March 2020. It is registered with the Registrar of Companies, Bangalore.
Chitra Srinivas was appointed as Irp/Rp/Liquidator on 14 May 2024. Aditya Prasad was appointed as Director on 13 Mar 2020. Gaurav Kumar was appointed as Director on 13 Mar 2020. Oktech AA Information Services has 4 board changes on record in total.
The registered office of Oktech AA Information Services is at No.339 5th Floor 14th B Cross Road, 6th Main 6th Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
The GSTIN of Oktech AA Information Services is 29AADCO1420G1ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Oktech AA Information Services operates in the agriculture industry, in the agro retail and distribution segment.