About Orion Property Management Services Limited
Data last updated:
Orion Property Management Services Limited was a public limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Brigade Enterprises Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the mall and retail management segment of the business services sector. It was incorporated on 07 September 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2011PLC060288.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Orion Mall Management Company Limited. It was led by directors including Subrata Kartic Chandra Sharma and Nirupa Shankar.
Its last annual general meeting (AGM) was held on 20 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹53.94 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Cr (net margin 3%) and EBITDA of ₹3.2 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 17% over five years.
The company had about 59 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 2 cases are pending.
The last known website on record is orionmalls.com.
Company details
Contact details
Orion Property Management Services Limited's registered office is in Bangalore, Karnataka. Its website is orionmalls.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address29th Flr World Trade Center Brigade Gateway Campus 26/1 Dr.Rajkumar Road Malleswaram – Raja, Jinagar, Bangalore, Karnataka, India – 560055
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of Orion Property Management Services 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
Business activity
The main business activity of Orion Property Management Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Orion Property Management Services Limited, buy the company report.
Financials of Orion Property Management Services Limited
FY 2021 filings availableOrion Property Management Services Limited reported revenue of ₹53.94 Cr (down 18% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 29% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹53.94 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.62 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 3% | ||||
| 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 Orion Property Management Services Limited, buy the company report.
Board of directors of Orion Property Management Services Limited
Orion Property Management Services has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subrata Kartic Chandra Sharma | Director | 29 May 2020 | 6 Years 5 Months | As last reported |
| Nirupa Shankar | Director | 07 Sep 2011 | 15 Years 2 Months | As last reported |
| Krishna Kumar Pradyumna Also directs: Brigade Enterprises Limited, Tetrarch Estates Private Limited, Celebrations Property Private Limited and 5 more | Director | 27 Mar 2019 | 7 Years 7 Months | As last reported |
| Amar Shivram Mysore Also directs: Brigade Hotel Ventures Limited, Brigade Enterprises Limited, Tetrarch Estates Private Limited and 5 more | Director | 29 May 2020 | 6 Years 5 Months | As last reported |
Auditor
Orion Property Management Services Limited is audited by B K RAMADHYANI & CO.LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K RAMADHYANI & CO.LLP | FY 2021 | 002878S/S200021 |
Shareholding
The shareholding of Orion Property Management Services Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Orion Property Management Services Limited, buy the company report.
Legal cases
Orion Property Management Services Limited has 9 court cases on record: 4 filed by Orion Property Management Services, 5 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 1 |
| District courts | 2 | 0 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Smaaarsh Leisure Limited Rep by Shripal Sevanthilal Morakhia and 7 others | Pending |
| High Court, KARNATAKA | Court case (CRL.P) | Filed against the company by an individual | Disposed |
| High Court, KARNATAKA | Court case (CRL.P) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by an individual | Disposed |
To see the full case history of Orion Property Management Services 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 Orion Property Management Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Orion Property Management Services Limited has a workforce of 59 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Orion Property Management Services Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Orion Property Management Services Limited has 12 board changes on record since 2011: 4 appointments and 8 cessations. The latest: Shashie Kumar ceased to be Director on 28 Apr 2021.
3 earlier events are in the company report.
Frequently asked questions
Orion Property Management Services 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.
Orion Property Management Services was a public limited company based in Bangalore, Karnataka, India. The company worked in mall and retail management, within the business services industry. It was incorporated on 07 September 2011 and is registered under CIN U70109KA2011PLC060288. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Orion Property Management Services was incorporated on 07 September 2011. It is registered with the Registrar of Companies, Bangalore.
Orion Property Management Services had 4 directors:
- Subrata Kartic Chandra Sharma - Director
- Nirupa Shankar - Director
- Krishna Kumar Pradyumna - Director
- Amar Shivram Mysore - Director
The CIN (Corporate Identification Number) of Orion Property Management Services is U70109KA2011PLC060288. 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 Orion Property Management Services is at 29th Flr World Trade Center Brigade Gateway Campus 261 Dr.Rajkumar Road Malleswaram – Raja, Jinagar, Bangalore, Karnataka, India – 560055.
Orion Property Management Services can be reached through the website orionmalls.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Orion Property Management Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 20 July 2021. Year-wise statements from 2015 are in the company report.
Orion Property Management Services operated in the business services industry, in the mall and retail management segment.
Orion Property Management Services has 9 court cases on record: 4 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
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