India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#145- Valuation
- ₹42,410 Cr
2023 #119 2022 #100 2021 #171
Revenue · FY 2025
₹22,499 Cr
▲ 15% YoY
Net profit · FY 2025
₹597.13 Cr
Net margin 2.7%
EBITDA · FY 2025
₹1,523.17 Cr
EBITDA margin 6.8%
Authorised capital
₹107.5 Cr
Registered with MCA
Paid-up capital
₹33.09 Cr
Issued & subscribed
Open charges
₹2,525.1 Cr
Satisfied ₹693 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
940
Provident fund records
About Ofb Tech Limited
Data last updated:
Ofb Tech Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the coke and refined petroleum products segment of the oil and gas sector. It was incorporated on 24 August 2015 and has been in existence for over 11 years.
Its director Ruchi Kalra and family are #299 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2015PLC154393. Its GSTIN is 24AACCO1867C1ZR (Gujarat). The company holds 68 GST registrations, of which 61 are active.
The company has an authorised share capital of ₹107.5 Cr and a paid-up capital of ₹33.09 Cr. It was formerly known as Ofb Tech Private Limited. It is led by directors including Bhuvan Kumar Gupta (Whole-Time Director) and Asish Mohapatra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 17 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹22,499 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹597.13 Cr (net margin 2.7%) and EBITDA of ₹1,523.17 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 92% over five years.
The company has about 940 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: BidAssist, OfBusiness and O'AgriFarm. As per MCA filings, the company has open charges of ₹2,525.1 Cr and satisfied charges of ₹693 Cr on record. Court records list 303 cases involving the company, including 223 filed by the company and 80 filed against it; 110 cases are pending. The company has 65 deals on record (41 secondary share transfers, 23 funding rounds, 1 acquisition), with disclosed funding of ₹6,817.43 Cr; the latest was in January 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ofbusiness.com.
Company details
CIN U74140GJ2015PLC154393
Registration Number 154393
Incorporation Date 24 August 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN history
Ofb Tech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74140GJ2015PLC154393, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140GJ2015PLC154393 | Current |
| U74140GJ2015PTC154393 | Previous |
| U74140DL2015PTC284428 | Previous |
Key People
Bhuvan Kumar Gupta Whole-Time Director Asish Mohapatra Whole-Time Director Deepak Kumar Jajodia Cfo Recognitions & Rankings of Ofb Tech
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #299 Ruchi Kalra & family ₹12,700 Cr
Contact details
Ofb Tech Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Apps
- Registered AddressB – 1102 Sankalp Iconic Tower, Opp. Vikram Nagar Bopal Ambli Road, Ahmedabad, Gujarat, India – 380054
- IndustryOil & Gas, Coke & Refined Petroleum Products
Comprehensive company report
Ofb Tech Limited - one report that includes everything
- 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
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Brands
Ofb Tech operates multiple associated brands including BidAssist, OfBusiness, and O'AgriFarm. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online portal for searching and bidding on government tenders worldwide. | bidassist.com | |
| Provider of B2B platform for raw material procurement and credit access | ofbusiness.com | |
| Provider of agriculture fulfillment and financing platform | oagrifarm.com |
Business activity
The main business activities of Ofb Tech are trade, support service to organizations and manufacturing. In detail, this covers wholesale trading, other support services to organizations and coke and refined petroleum products. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations | |
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Ofb Tech Limited, buy the company report.
Financials of Ofb Tech Limited
FY 2024 filings availableOfb Tech Limited reported revenue of ₹22,499 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹22,499 Cr ▲ 15%
Net profit · FY 2025
₹597.13 Cr margin 2.7%
EBITDA · FY 2025
₹1,523.17 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 46%
5 years · compounded
▲ 92%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 50%
5 years · compounded
▲ 67%
Revenue has grown at a compounded annual rate (CAGR) of 92% over five years, including 15% growth in the latest year. EBITDA rose 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1,523.17 Cr | ||||
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| Net Profit (PAT) | ₹597.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 2.7% | ||||
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To see the full financial statements and ratios of Ofb Tech Limited, buy the company report.
Board of directors and KMP of Ofb Tech Limited
Ofb Tech Limited currently reports 11 directors and 1 key managerial person. 10 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhuvan Kumar Gupta | Whole-Time Director | 24 Aug 2015 | 11 Years 1 Months | Current |
| Navroz Darius Udwadia Also directs: JM Financial Limited, Dtwelve Spaces Private Limited, Sunshine Teahouse Private Limited and 3 more | Nominee Director | 03 May 2019 | 7 Years 5 Months | Current |
| Deepak Kumar Jajodia | Cfo | 10 Sep 2025 | 1 Years 1 Months | Current |
| Mahesh Chand Agrawal Also directs: Yogiji Digi Limited | Director | 04 Oct 2023 | 3 Years 0 Months | Current |
| Asish Mohapatra Also directs: Oagri Farm Private Limited, Tangerine Skies Private Limited, SMW Ispat Private Limited and 5 more | Whole-Time Director | 24 Aug 2015 | 11 Years 1 Months | Current |
| Ved Prakash Goel Also directs: Paliwal Diagnostics Private Limited, Asv Associates Private Limited, Centrapath Labs Private Limited and 4 more | Director | 27 Feb 2024 | 2 Years 7 Months | Current |
Showing 6 of 12 current directors and KMP. View all directors and KMP
Charges & borrowings
Open charges
₹2,525.1 Cr
Satisfied charges
₹693 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101123278 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 24 Jun 2025 | 101119676 | Idbi Trusteeship Services Limited | ₹150 Cr | Open | |
| 11 Apr 2025 | 101089777 | Others | ₹105 Cr | Open | |
| 26 Mar 2025 | 101075991 | Others | ₹70 Cr | Open | |
| 08 Jul 2024 | 100954606 | Others | ₹25 Cr | Open |
To see the full charge records of Ofb Tech Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Ofb Tech Limited has 65 deals on record (41 secondary share transfers, 23 funding rounds, 1 acquisition), with disclosed funding of ₹6,817.43 Cr; the latest was in January 2026.
Total deals
65
Secondary share transfers
41
Funding rounds
23
Acquisition
1
Disclosed funding
₹6,817.43 Cr
Deals on record (5 of 65)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Secondary share transfer | Undisclosed | Buyer: Oister Global, GPR Finance Corporation, 2 individuals Seller: Sanctum Wealth Advisors Private Limited , Panacea Services |
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: Fao Ventures, Motherson Lease Solution Limited , 2 individuals Seller: Ambit Wealth Private Limited |
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: Ambit Wealth Private Limited , Zaan Webveda Private Limited Seller: 4 individuals |
| Aug 2024 | Secondary share transfer | Undisclosed | Buyer: Cosmo First Limited , 3 individuals Seller: Zodius Capital |
| May 2024 | Funding round | ₹41.72 Cr | Investors: VR Sikka Consulting Private Limited , 2 individuals |
To see the full deal history of Ofb Tech Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ofb Tech Limited has 303 court cases on record: 223 filed by Ofb Tech, 80 filed against it. 110 cases are pending and 193 are disposed.
Total cases
303
Filed by the company
223
Filed against the company
80
Pending
110
Disposed
193
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 203 | 43 | 84 |
| High courts | 56 | 14 | 18 |
| NCLAT | 23 | 14 | 5 |
| Supreme Court | 11 | 3 | 2 |
| NCLT | 10 | 6 | 1 |
Cases on record (5 of 303)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Commercial suit | Filed against the company by Vinayak Polypipes P Ltd | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by MTS Minerals Pvt. Limited | Pending |
| District court, Purba Medinipur, West Bengal | Court case (M.p.case) | Filed against the company by MTS Minerals Pvt. Ltd. Represented by Vinay Kumar Sharma | Pending |
| District court, Shahdara, Delhi | Criminal case | Filed against the company by Ms HC Jain Pipes Private Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against Nekkanti Sea Foods Ltd. | Pending |
To see the full case history of Ofb Tech 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.
Credit ratings & regulatory alerts
Ofb Tech Limited was last rated by Icra on 22 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Mar 2022 |
To see the full credit ratings and regulatory alerts of Ofb Tech Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ofb Tech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ofb Tech has 68 GST registrations: 61 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
68
Active
61
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCO1867C1ZR | Gujarat | Active | 01 Jul 2017 |
| 24AACCO1867C1C2 | Gujarat | Active | 19 Oct 2018 |
| 24AACCO1867C1D0 | Gujarat | Active | 08 Jan 2025 |
| 24AACCO1867C2ZQ | Gujarat | Active | 11 Jul 2025 |
To see the full GST registrations and return filing status of Ofb Tech Limited, buy the company report.
Recent activity
Ofb Tech Limited has 22 board changes on record since 2015: 12 appointments and 10 cessations. The latest: Deepak Kumar Jajodia was appointed as CFO on 10 Sep 2025.
Charges
A charge registered on 17 Jan 2023 via Charge ID 100676755 with Others was fully satisfied on 21 Nov 2025.
Appointed
Deepak Kumar Jajodia was appointed as CFO.
Ceased
Asish Mohapatra ceased to be Director.
Ceased
Bhuvan Kumar Gupta ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101123278 was registered on 30 Jun 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 150.00 Cr with Charge ID 101119676 was registered on 24 Jun 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 225.00 Cr registered on 28 May 2024 with Charge ID 100935242 was modified on 24 Jun 2025.
Charges
A charge with Others amounted to Rs. 105.00 Cr with Charge ID 101089777 was registered on 11 Apr 2025.
Charges
A charge with Others of Rs. 225.00 Cr registered on 07 Dec 2020 with Charge ID 100393688 was modified on 28 Mar 2025.
Charges
A charge with Others amounted to Rs. 70.00 Cr with Charge ID 101075991 was registered on 26 Mar 2025.
Charges
A charge registered on 21 Dec 2024 via Charge ID 101027865 with Others was fully satisfied on 26 Mar 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 30.00 Cr registered on 18 Mar 2024 with Charge ID 100897050 was modified on 07 Mar 2025.
64 earlier events are in the company report.
News
From our blog
Frequently asked questions
Ofb Tech is an active public limited company based in Ahmedabad, Gujarat, India. The company works in coke and refined petroleum products, within the oil and gas industry. It was incorporated on 24 August 2015 (11+ years old) and is registered under CIN U74140GJ2015PLC154393.
Ofb Tech has 12 current directors and KMP:
- Bhuvan Kumar Gupta - Whole-Time Director
- Asish Mohapatra - Whole-Time Director
- Navroz Darius Udwadia - Nominee Director
- Mahesh Chand Agrawal - Director
- Ved Prakash Goel - Director
- Ranjan Kumar Mohapatra - Director
- John Tyler Day - Nominee Director
- Ruchi Kalra - Director
- Vikram Vaidyanathan - Nominee Director
- Sarthak Misra - Nominee Director
- Shirish Kishor Sankhe - Director
- Deepak Kumar Jajodia - Cfo
The latest financial statements of Ofb Tech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 17 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Ofb Tech is 24AACCO1867C1ZR, registered in Gujarat. The company has 68 GST registrations in all, of which 61 are active and 7 are cancelled or inactive. Other active GSTINs include 24AACCO1867C1C2 (Gujarat), 24AACCO1867C1D0 (Gujarat), 24AACCO1867C2ZQ (Gujarat).
The CIN (Corporate Identification Number) of Ofb Tech is U74140GJ2015PLC154393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ofb Tech has 303 court cases on record: 223 filed by the company and 80 filed against it. 110 are pending. Most are in the district courts.
Ofb Tech was incorporated on 24 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ofb Tech has 65 deals on record (41 secondary share transfers, 23 funding rounds, 1 acquisition), with disclosed funding of ₹6,817.43 Cr; the latest was in January 2026.
Deepak Kumar Jajodia was appointed as CFO on 10 Sep 2025. Asish Mohapatra ceased to be Director on 09 Sep 2025. Bhuvan Kumar Gupta ceased to be Director on 09 Sep 2025. Ofb Tech has 22 board changes on record in total.
Ofb Tech can be reached through the website ofbusiness.com. Its registered office is in Ahmedabad, Gujarat, India.