Orbit Forex Private Limited
About Orbit Forex Private Limited
Data last updated:
Orbit Forex Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial and credit leasing segment of the financial services sector. It was incorporated on 17 June 1996.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U67190DL1996PTC079693.
The company had an authorised share capital of ₹42 Lakh and a paid-up capital of ₹41.97 Lakh. It was led by directors including Aruna Narang and Harish Chander Kawatra.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 28 Dda Flats Gulmohar Enclave, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.4 Lakh. For the same year it recorded a net profit of ₹3.22 Lakh (net margin 59.7%) and EBITDA of ₹4.19 Lakh (EBITDA margin 77.5%).
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- Registered Address28 Dda Flats Gulmohar Enclave, New Delhi, Delhi, India – 110049
- IndustryFinancial Services, Financial & Credit Leasing
- 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
- One PDF report, delivered after checkout
Financials of Orbit Forex Private Limited FY 2019 filings available
Orbit Forex Private Limited reported revenue of ₹5.4 Lakh for FY 2019.
Financial Statement Summary of Orbit Forex Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| 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 | ₹4.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.22 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 of Orbit Forex Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 77.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 59.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Orbit Forex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Orbit Forex Private Limited
Orbit Forex Private Limited is audited by YOGI ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| YOGI ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Orbit Forex Private Limited
Orbit Forex 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 |
|---|---|---|---|---|
| Aruna Narang | Director | 26 Jun 2010 | 16 Years 3 Months | As last reported |
| Harish Chander Kawatra Also directs: Nce Technologies(India) LLP, Lotus Fincorp Limited | Director | 01 Jan 2001 | 25 Years 9 Months | As last reported |
| Arun Sehgal | Director | 01 Jan 2001 | 25 Years 9 Months | As last reported |
Ownership and Shareholding of Orbit Forex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Orbit Forex Private Limited
Orbit Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Orbit Forex Private Limited
Employment history and EPFO contributions of people linked to Orbit Forex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Orbit Forex Private Limited
Orbit Forex Private Limited has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Ritika Narang ceased to be Director on 11 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Orbit Forex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Orbit Forex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Orbit Forex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Orbit Forex Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Orbit Forex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Orbit Forex Private Limited
Orbit Forex has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Orbit Forex was a private limited company based in New Delhi, Delhi, India. The company worked in financial and credit leasing, within the financial services industry. It was incorporated on 17 June 1996 and is registered under CIN U67190DL1996PTC079693. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Orbit Forex was incorporated on 17 June 1996. It is registered with the Registrar of Companies, Delhi.
Orbit Forex had 3 directors:
- Aruna Narang - Director
- Harish Chander Kawatra - Director
- Arun Sehgal - Director
The CIN (Corporate Identification Number) of Orbit Forex is U67190DL1996PTC079693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Orbit Forex is at 28 Dda Flats Gulmohar Enclave, New Delhi, Delhi, India – 110049.
Orbit Forex reported revenue of ₹5.4 Lakh for FY 2019.
Orbit Forex has an authorised share capital of ₹42 Lakh and a paid-up capital of ₹41.97 Lakh.
Orbit Forex reported a net profit of ₹3.22 Lakh (net margin 59.7%) and EBITDA of ₹4.19 Lakh (EBITDA margin 77.5%) for FY 2019, as per its filed financial statements.
Orbit Forex operated in the financial services industry, in the financial and credit leasing segment.