Hurun India 500 2024 edition
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 on the Hurun India Rich List 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 291 cases involving the company, including 218 filed by the company and 57 filed against it; 107 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. Its 7 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce) are compared by revenue, 2 larger and 5 smaller; the largest is Flipkart India Private Limited with revenue of ₹83,105 Cr.
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 of Ofb Tech Limited
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 of Ofb Tech Limited
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
Hurun India Rich List 2026 edition · 1 director
- #299 Ruchi Kalra & family ₹12,700 Cr
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- 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
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Associated Brands with Ofb Tech Limited
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 of Ofb Tech Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
| C | Manufacturing | C5 | Coke and refined petroleum products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ofb Tech Limited FY 2024 filings available
Ofb 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) of Ofb Tech Limited
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 of Ofb Tech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1,523.17 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹597.13 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 of Ofb Tech Limited
| 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% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ofb Tech are in the company report.
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Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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
Peer Comparison of Ofb Tech Limited
Ofb Tech Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flipkart India Private Limited | ₹83,105 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bengaluru, Karnataka, India |
| Amazon Seller Services Private Limited | ₹30,491 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Bangalore, Karnataka, India |
| Ofb Tech Limited this company | ₹22,499 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Ahmedabad, Gujarat, India |
| Shreyash Retail Private Limited | ₹11,751 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Meesho Limited | ₹9,899.04 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| Meesho Technologies Private Limited | ₹9,559.88 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Cocoblu Retail Limited | ₹6,540.36 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Myntra Designs Private Limited | ₹6,137 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Devarabeesanhalli Village, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ofb Tech by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Ofb Tech Limited
Open charges
₹2,525.1 Cr
Satisfied charges
₹693 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2025 | Hdfc Bank Limited | ₹10 Lakh | Open |
| 24 Jun 2025 | Idbi Trusteeship Services Limited | ₹150 Cr | Open |
| 11 Apr 2025 | Others | ₹105 Cr | Open |
| 26 Mar 2025 | Others | ₹70 Cr | Open |
| 08 Jul 2024 | Others | ₹25 Cr | Open |
Total charge records: 27 View all charges
Deals & Funding of Ofb Tech Limited
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 |
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Full deal history
All 65 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ofb Tech Limited
Ofb Tech Limited has 291 court cases on record: 218 filed by Ofb Tech, 57 filed against it, 16 where it is another party. 107 cases are pending and 184 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Total cases
291
Filed by the company
218
Filed against the company
57
Pending
107
Disposed
184
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 199 | 30 | 81 |
| High courts | 55 | 9 | 18 |
| NCLAT | 23 | 14 | 5 |
| Supreme Court | 11 | 3 | 2 |
| NCLT | 3 | 1 | 1 |
Cases on record (5 of 291)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by MTS Minerals Private Limited | Pending |
| District court, Purba Medinipur, West Bengal | Court case (M.p.case) | Filed against the company by MTS Minerals Private Limited | Pending |
| District court, South, Delhi | Commercial suit | Filed against the company by Vinayak Polypipes Private Limited | Pending |
| District court, Shahdara, Delhi | Criminal case | Filed against the company by H C Jain Pipes Private Limited | Pending |
| NCLAT, Chennai | Interim or miscellaneous application | Filed by the company against Nekkanti Sea Foods Ltd. | Pending |
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Full case history
All 291 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ofb Tech Limited
Employment history and EPFO contributions of people linked to Ofb Tech.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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Recent Activity on Ofb Tech Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ofb Tech Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Ofb Tech Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
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Subsidiaries & Group Companies of Ofb Tech Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
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GST Compliance of Ofb Tech Limited
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 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
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MCA Filings & Documents of Ofb Tech Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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- Annual returns and statements
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- Complete filing index
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Related news about Ofb Tech Limited
Articles about Ofb Tech Limited on our blog
Frequently Asked Questions about Ofb Tech Limited
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 reported revenue of ₹22,499 Cr for FY 2025 (up 15% YoY).
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
Ofb Tech reported a net profit of ₹597.13 Cr (net margin 2.7%) and EBITDA of ₹1,523.17 Cr (EBITDA margin 6.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ofb Tech is 46% over three years and 92% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
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 291 court cases on record: 218 filed by the company and 57 filed against it. 107 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.
The peers of Ofb Tech by revenue are Flipkart India Private Limited, Amazon Seller Services Private Limited, Shreyash Retail Private Limited, Meesho Limited, Meesho Technologies Private Limited and 2 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).