Orbit Technical Solutions Private Limited
About Orbit Technical Solutions Private Limited
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Orbit Technical Solutions Private Limited was a private limited company based in Chandigarh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 08 December 2009.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74900CH2009PTC031919.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rakesh Prabhakar and Ravindra Prabhakar.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at H No 2031 Verka Society Sector 49 – C, Chandigarh, India – 160047.
As per the financials filed for FY 2016, the company reported a revenue of ₹4.14 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹2.33 Lakh (net margin -56.2%) and EBITDA of -₹35,319 (EBITDA margin -8.5%).
Company details
Contact details
Orbit Technical Solutions Private Limited's registered office is in Chandigarh, Chandigarh.
- Registered AddressH No 2031 Verka Society Sector 49 – C, Chandigarh, India – 160047
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Orbit Technical Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Orbit Technical Solutions Private Limited, buy the company report.
Financials of Orbit Technical Solutions Private Limited
FY 2016 filings availableOrbit Technical Solutions Private Limited reported revenue of ₹4.14 Lakh (down 94% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 94% in the latest year. EBITDA fell 106% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹35,319 | |
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| Net Profit (PAT) | -₹2.33 Lakh | |
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -8.5% | |
| Net Profit Margin | -56.2% | |
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To see the full financial statements and ratios of Orbit Technical Solutions Private Limited, buy the company report.
Board of directors of Orbit Technical Solutions Private Limited
Orbit Technical Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Prabhakar | Additional Director | 17 Feb 2010 | 16 Years 8 Months | As last reported |
| Rakesh Prabhakar | Director | 15 Mar 2016 | 10 Years 8 Months | As last reported |
Legal cases
No court or tribunal cases involving Orbit Technical Solutions 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 Orbit Technical Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Orbit Technical Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Orbit Technical Solutions Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Rakesh Prabhakar was appointed as Director on 15 Mar 2016.
Frequently asked questions
Orbit Technical Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Orbit Technical Solutions was a private limited company based in Chandigarh, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 08 December 2009 and is registered under CIN U74900CH2009PTC031919. The company has been struck off by the Registrar of Companies and is no longer operational.
Orbit Technical Solutions had 2 directors:
- Ravindra Prabhakar - Additional Director
- Rakesh Prabhakar - Director
The CIN (Corporate Identification Number) of Orbit Technical Solutions is U74900CH2009PTC031919. 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 Technical Solutions is at H No 2031 Verka Society Sector 49 – C, Chandigarh, India – 160047.
Orbit Technical Solutions was incorporated on 08 December 2009. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Orbit Technical Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Orbit Technical Solutions operated in the business outsourcing industry, in the business and IT consulting segment. It worked in this industry before it was struck off.
Rakesh Prabhakar was appointed as Director on 15 Mar 2016. Baldev Kumar Prabhakar ceased to be Director on 09 Mar 2016. Gaurav Prabhakar ceased to be Additional Director on 27 Oct 2011. Orbit Technical Solutions has 6 board changes on record in total.
Orbit Technical Solutions can be reached at its registered office: H No 2031 Verka Society Sector 49 – C, Chandigarh, India – 160047.
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