Onida

Mumbai, India Founded: 1981 • Age: 45 yrs
Consumer electronics including appliances and TVs are manufactured by Onida.

About Onida

Onida is a company based in Mumbai (India) founded in 1981.. The company has 460 employees as of March 31, 2024. Onida offers products and services including Televisions and Air Conditioners.

  • Headquarter Mumbai, India
  • Employees 460 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Consumer
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mirc Electronics Limited
Operational Areas
Consumer → Beauty, Personal & Household Care
Media & Entertainment → Consumer Electronics & Entertainment Devices
Key Metrics
  • Annual Revenue
    $87.44 M (USD)
    -22.86
    as on Mar 31, 2025
  • Net Profit
    $-269.45 K (USD)
    96.3
    as on Mar 31, 2025
  • EBITDA
    $1.1 M (USD)
    0
    as on Mar 31, 2025
  • Latest Funding Round
    $1.48 M (USD), Post-IPO

    Oct 10, 2025

  • Investors
  • Employee Count
    460

    as on Mar 31, 2024

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IPO & Listings of Onida

Onida is a publicly listed company on the NSE with ticker symbol MIRCELECTR in India, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: MIRCELECTR . Sector: Electronic technology · India

Products & Services of Onida

Onida offers a comprehensive portfolio of products and services, including Televisions and Air Conditioners. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Televisions are manufactured and distributed to provide entertainment options for various lifestyles.

Air conditioners are designed and supplied to ensure energy-efficient cooling and healthy indoor environments.

People of Onida
Headcount 1000-5000
Employee Profiles 7
Board Members and Advisors 4
Employee Profiles
People
Kaval G. Mirchandani
President & Whole Time Director
People
Shirish Suvagia
CFO & Director
People
Vijay J. Mansukhani
Managing Director
People
G. Sundar
CEO

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Board Members and Advisors
people
Rafique A. Malik
Director
people
Mohita Arora
Director
people
Carlton Pereira
Director
people
Arvind Sharma
Director

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Funding Insights of Onida

  • Total Funding
  • Total Rounds 3
  • Last Round Post-IPO — $1.5M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2025 Amount Post-IPO - Onida Valuation

investors

Dec, 2017 Amount Post-IPO - Onida Valuation

investors

Aug, 2011 Amount Post-IPO - Onida Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Onida

Onida has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Authum Investment & Infrastructure and Tamarind Family Trust. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Single family office and venture capital fund focused on multiple sectors
Founded Year Domain Location
Diversified investments in infrastructure and other sectors are managed.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Onida

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Onida

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Onida Comparisons

Employees
+
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Competitors of Onida

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Onida

Frequently Asked Questions about Onida

When was Onida founded?

Onida was founded in 1981 and raised its 1st funding round 30 years after it was founded.

Where is Onida located?

Onida is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Onida?

Sundar G is the current CEO of Onida.

How many employees does Onida have?

As of Mar 31, 2024, the latest employee count at Onida is 460.

What is the annual revenue of Onida?

Annual revenue of Onida is $87.44M as on Mar 31, 2025.

What does Onida do?

Founded in 1981, Onida is an electronics brand of Mirc Electronics, based in Mumbai. Product range includes washing machines, DVD players, ACs, microwave ovens, flat panel TVs, mobile handsets recently LED lightings. Onida has a network of 33 branch offices, 208 Customer Relation Centers and 41 depots spread across India. Ranked 51st among Indias most trusted brands by the Brand Trust Report 2013 India study. Onida is public listed with a market valuation of around Rs.350 Cr.

What products or services does Onida offer?

Onida offers Televisions and Air Conditioners.

Is Onida publicly traded?

Yes, Onida is publicly traded on NSE under the ticker symbol MIRCELECTR.

Who are Onida's investors?

Onida has 2 investors. Key investors include Authum Investment & Infrastructure, and Tamarind Family Trust.

What is Onida's ticker symbol?

The ticker symbol of Onida is MIRCELECTR on NSE.

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