Ocl Projects Limited
About Ocl Projects Limited
Data last updated:
Ocl Projects Limited is a public limited company based in New Delhi, Delhi, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 10 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC058909. Its GSTIN is 07AAACO0317P1ZF (Delhi).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.12 Cr. It was formerly known as Overseas Connexion Limited. It is led by directors including Sandeep Sabharwal (Managing Director) and Peetambar Balani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pole No. Mdkc747 Godam Khasra No 10/3 Satyam Vihar Chanchal Park, New Delhi, Delhi, India – 110041.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.17 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.66 Lakh (net margin 3%) and EBITDA of ₹3.02 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹95 Lakh and satisfied charges of ₹1.1 Cr on record. Court records list 14 cases involving the company, including 14 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ocl Projects has one previous CIN (Corporate Identification Number): L74899DL1994PLC058909. The current CIN is U74899DL1994PLC058909, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1994PLC058909 | Current |
| L74899DL1994PLC058909 | Previous |
Contact details
Ocl Projects Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPole No. Mdkc747 Godam Khasra No 10/3 Satyam Vihar Chanchal Park, New Delhi, Delhi, India – 110041
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Ocl Projects 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 Ocl Projects is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ocl Projects Limited, buy the company report.
Financials of Ocl Projects Limited
FY 2024 filings availableOcl Projects Limited reported revenue of ₹90.17 Lakh (up 355% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 355% growth in the latest year. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.02 Lakh | ||||
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| Net Profit (PAT) | ₹2.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Ocl Projects Limited, buy the company report.
Board of directors of Ocl Projects Limited
Ocl Projects has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peetambar Balani Also directs: Elysian Homes Private Limited | Director | 25 May 1995 | 31 Years 5 Months | Current |
| Lila Balani | Director | 01 Jun 1999 | 27 Years 4 Months | Current |
| Sandeep Sabharwal Also directs: CCW Specialities Private Limited | Managing Director | 10 May 1994 | 32 Years 5 Months | Current |
Auditor
Ocl Projects Limited is audited by NEERAJKUMARGOEL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NEERAJKUMARGOEL | FY 2023 | 502403 |
Shareholding
The shareholding of Ocl Projects Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ocl Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2000 | 90042691 | Andhra Bank | ₹95 Lakh | Open | |
| 10 Aug 2005 | 80040795 | Axis Bank Limited | ₹25 Lakh | Satisfied | |
| 10 Aug 2005 | 80040796 | Axis Bank Limited | ₹75 Lakh | Satisfied | |
| 29 Mar 2003 | 90043757 | Ing Vysya Bank Ltd. | ₹10 Lakh | Satisfied |
To see the full charge records of Ocl Projects Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ocl Projects Limited has 14 court cases on record: 14 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 1 |
| High courts | 5 | 5 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed against the company by Conde Nast (India) Pvt. Ltd. | Pending |
| District court, West, Delhi | Interim or miscellaneous application | Filed against the company by Satnam Corrugatings Pvt. Ltd | Disposed |
| District court, West, Delhi | Execution petition | Filed against the company by Satnam Corrugatings Pvt Ltd | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by Satnam Corrugatings Pvt. Ltd. | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Apl India Pvt. Ltd. | Disposed |
To see the full case history of Ocl Projects 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 Ocl Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ocl Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACO0317P1ZF | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ocl Projects Limited, buy the company report.
Recent activity
Ocl Projects Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Priti Sabharwal ceased to be Director on 01 Jun 2013.
3 earlier events are in the company report.
Frequently asked questions
Ocl Projects is an active public limited company based in New Delhi, Delhi, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 10 May 1994 (32+ years old) and is registered under CIN U74899DL1994PLC058909.
Ocl Projects has 3 current directors:
- Sandeep Sabharwal - Managing Director
- Peetambar Balani - Director
- Lila Balani - Director
The latest financial statements of Ocl Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ocl Projects is 07AAACO0317P1ZF, registered in Delhi.
The CIN (Corporate Identification Number) of Ocl Projects is U74899DL1994PLC058909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocl Projects has 14 court cases on record: 14 filed against it. 2 are pending. Most are in the district courts.
Ocl Projects was incorporated on 10 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Priti Sabharwal ceased to be Director on 01 Jun 2013. Lila Balani was appointed as Director on 01 Jun 1999. Peetambar Balani was appointed as Director on 25 May 1995. Ocl Projects has 4 board changes on record in total.
The registered office of Ocl Projects is at Pole No. Mdkc747 Godam Khasra No 103 Satyam Vihar Chanchal Park, New Delhi, Delhi, India – 110041.
Ocl Projects operates in the consumer goods industry, in the home furnishings manufacturing segment.