About Ordyn Technologies Private Limited
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Ordyn Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 28 July 1995.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67120KA1995PTC045373. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹33.1 Cr and a paid-up capital of ₹22.01 Cr. It is led by directors Venkatesh Rajagopalan and Venkata Regunathan Rajendran.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Ozone Manay Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2015, the company reported a revenue of ₹37.32 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.58 Cr and EBITDA of -₹2.57 Cr.
The company is associated with 1 brand: Ordyn. As per MCA filings, the company has open charges of ₹35.95 Cr and satisfied charges of ₹180.25 Cr on record. Court records list 127 cases involving the company, including 76 filed by the company and 51 filed against it; 7 cases are pending. The company has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹60.15 Cr; the latest was in August 2011.
The last known website on record is ordyn.com.
Company details
CIN history
Ordyn Technologies has one previous CIN (Corporate Identification Number): U67120WB1995PTC073223. The current CIN is U67120KA1995PTC045373, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120KA1995PTC045373 | Current |
| U67120WB1995PTC073223 | Previous |
Contact details
Ordyn Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is ordyn.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOzone Manay Tech Park 2nd Floor 'B' Wing Sy No 56/18 Garvebhavi Palya Hosur Roa, D, Bangalore, Karnataka, India – 560068
- IndustryTelecom, Telecom Equipment & Tech Solutions
To see the full contact details of Ordyn Technologies 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 Ordyn Technologies is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Ordyn Technologies Private Limited, buy the company report.
Financials of Ordyn Technologies Private Limited
FY 2015 filings availableOrdyn Technologies Private Limited reported revenue of ₹37.32 Lakh (up 420% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 420% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹37.32 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹2.57 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.58 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Ordyn Technologies Private Limited, buy the company report.
Board of directors of Ordyn Technologies Private Limited
Ordyn Technologies has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Rajagopalan | Director | 01 May 2001 | 25 Years 5 Months | As last reported |
| Venkata Regunathan Rajendran Also directs: Billionsmiles Hospitality Private Limited, Upsouth Restaurants Private Limited, Upsouth Cloud Kitchens Private Limited and 1 more | Director | 12 Dec 2007 | 18 Years 10 Months | As last reported |
Auditor
Ordyn Technologies Private Limited is audited by V N G NATH ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N G NATH ASSOCIATES | FY 2015 | 007159S |
Shareholding
The shareholding of Ordyn Technologies Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ordyn Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2006 | 10027601 | India Infoline Limited | ₹20 Cr | Open | |
| 28 Mar 2005 | 90246570 | Technology Development Board | ₹4.8 Cr | Open | |
| 20 Jan 2003 | 90248314 | Edelweiss Asset Reconstruction Company Limited | ₹10.55 Cr | Open | |
| 20 Jan 2003 | 90245978 | Edelweiss Asset Reconstruction Company Limited | ₹60 Lakh | Open | |
| 13 May 2008 | 10104152 | Cholamandalam Dbs Finance Limited | ₹5 Cr | Satisfied |
To see the full charge records of Ordyn Technologies Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Ordyn Technologies Private Limited has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹60.15 Cr; the latest was in August 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2011 | Acquisition | Undisclosed | Buyer: VMC Systems Limited |
| Mar 2007 | Funding round | ₹60.15 Cr | Investors: Iifl Finance Limited , Aureos India Advisers Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ordyn Technologies Private Limited has 127 court cases on record: 76 filed by Ordyn Technologies, 51 filed against it. 7 cases are pending and 120 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 81 | 6 | 6 |
| District courts | 46 | 45 | 1 |
Cases on record (5 of 127)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against M/S. Artek Enterprises Private Limited | Pending |
| High Court, KARNATAKA | Appeal | Filed by the company against M/S Go Ip Global Services Private Limited | Disposed |
| High Court, KARNATAKA | Appeal | Filed by the company against M/S Datacom Products (India) Pvt Ltd | Disposed |
| High Court | Appeal | Filed by the company against Cube Telecom Pvt Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M S C H Robinson Worldwide Freight India Private Limited | Disposed |
To see the full case history of Ordyn Technologies Private 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 Ordyn Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ordyn Technologies has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ordyn Technologies Private Limited, buy the company report.
Recent activity
Ordyn Technologies Private Limited has 11 board changes on record since 2001: 2 appointments and 9 cessations. The latest: Rajagopalan Venkatachari ceased to be Director on 01 Mar 2012.
30 earlier events are in the company report.
Frequently asked questions
Ordyn Technologies is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Ordyn Technologies is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 28 July 1995 and is registered under CIN U67120KA1995PTC045373. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ordyn Technologies has 2 current directors:
- Venkatesh Rajagopalan - Director
- Venkata Regunathan Rajendran - Director
The latest financial statements of Ordyn Technologies on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ordyn Technologies is U67120KA1995PTC045373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ordyn Technologies has open charges of ₹35.95 Cr and satisfied charges of ₹180.25 Cr as per latest MCA filings.
Ordyn Technologies has 127 court cases on record: 76 filed by the company and 51 filed against it. 7 are pending. Most are in the high courts.
Ordyn Technologies was incorporated on 28 July 1995. It is registered with the Registrar of Companies, Bangalore.
Ordyn Technologies has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹60.15 Cr; the latest was in August 2011.
Rajagopalan Venkatachari ceased to be Director on 01 Mar 2012. Srinivasan Rajagopalan ceased to be Director on 01 Mar 2012. Rakesh Rajmal Jain ceased to be Director on 10 Oct 2011. Ordyn Technologies has 11 board changes on record in total.