About Ormax Evolve Private Limited
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Ormax Evolve Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the advertising and market research segment of the business services sector. It was incorporated on 26 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74300MH1989PTC052749. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.3 Lakh. It was formerly known as Ormax Communications Pvt Ltd. It is led by directors including Vispy Dara Doctor and Villy Vispy Doctor.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor 160 Vasant Jn Of 9th And 10th Road Khar (W) Nr Urmi Bldg Mumbai 400052, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.17 Lakh, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹21,353 (net margin 0.6%) and EBITDA of ₹1.06 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 31% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ormaxworld.com.
Company details
Contact details
Ormax Evolve Private Limited's registered office is in Mumbai, Maharashtra. Its website is ormaxworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor 160 Vasant Jn Of 9th And 10th Road Khar (W) Nr Urmi Bldg Mumbai 400052, Maharashtra, India – 400052
- IndustryBusiness Services, Advertising And Market Research
To see the full contact details of Ormax Evolve 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
Business activity
The main business activity of Ormax Evolve is human health and social work activities. In detail, this covers human health activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 86 | Human health activities |
To see the full business activity and turnover split of Ormax Evolve Private Limited, buy the company report.
Financials of Ormax Evolve Private Limited
FY 2025 filings availableOrmax Evolve Private Limited reported revenue of ₹34.17 Lakh (up 82% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 82% growth in the latest year. EBITDA rose 122% 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
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| EBITDA | ₹1.06 Lakh | ||||
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| Net Profit (PAT) | ₹21,353 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Ormax Evolve Private Limited, buy the company report.
Board of directors of Ormax Evolve Private Limited
Ormax Evolve has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vispy Dara Doctor | Director | 26 Jul 1989 | 37 Years 2 Months | Current |
| Villy Vispy Doctor Also directs: Ormax Consultants Private Limited, Satyavati Spiritual Foundation | Director | 26 Jul 1989 | 37 Years 2 Months | Current |
| Ashdin Vispy Doctor Also directs: Ormax Media Private Limited, Ormax Money Private Limited, Ormax Consultants Private Limited and 1 more | Director | 08 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Ormax Evolve Private Limited is audited by DAMANIA & VARAIYA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAMANIA & VARAIYA | FY 2017 | 100583 |
Shareholding
The shareholding of Ormax Evolve Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ormax Evolve Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ormax Evolve 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 Ormax Evolve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ormax Evolve has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ormax Evolve Private Limited, buy the company report.
Recent activity
Ormax Evolve Private Limited has 3 board changes on record since 1989: 3 appointments. The latest: Ashdin Vispy Doctor was appointed as Director on 08 Aug 2018.
Frequently asked questions
Ormax Evolve is an active private limited company based in Mumbai, Maharashtra, India. The company works in advertising and market research, within the business services industry. It was incorporated on 26 July 1989 (37+ years old) and is registered under CIN U74300MH1989PTC052749.
Ormax Evolve has 3 current directors:
- Vispy Dara Doctor - Director
- Villy Vispy Doctor - Director
- Ashdin Vispy Doctor - Director
The latest financial statements of Ormax Evolve on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Ormax Evolve has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ormax Evolve is U74300MH1989PTC052749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ormax Evolve was incorporated on 26 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashdin Vispy Doctor was appointed as Director on 08 Aug 2018. Villy Vispy Doctor was appointed as Director on 26 Jul 1989. Vispy Dara Doctor was appointed as Director on 26 Jul 1989.
Ormax Evolve can be reached through the website ormaxworld.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ormax Evolve is at 1st Floor 160 Vasant Jn Of 9th And 10th Road Khar W Nr Urmi Bldg Mumbai 400052, Maharashtra, India – 400052.
Ormax Evolve operates in the business services industry, in the advertising and market research segment.