MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0109224
Ofs Industries Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.92 Cr
▲ 97% YoY
Net profit · FY 2024
₹5.02 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹6.75 Lakh
EBITDA margin 0.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹14 Lakh
Satisfied ₹2 Cr
Company age
43 yrs
Est. 1983
Directors on board
4
As per MCA filings
About Ofs Industries Private Limited
Data last updated:
Ofs Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 15 December 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1983PTC031573. Its GSTIN is 27AAACO0648K2ZC (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Spencer Ollukaran Varghese and Jose Kunjipalu Ollukaran.
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 126 Damji Shamji Udyog Bhavan Veera Deasi Road Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.92 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net profit of ₹5.02 Lakh (net margin 0.4%) and EBITDA of ₹6.75 Lakh (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹14 Lakh and satisfied charges of ₹2 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it.
Ofs Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0109224). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ofsindia.net.
Company details
CIN U74999MH1983PTC031573
Registration Number 031573
Incorporation Date 15 December 1983
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0109224
Key People
Ollukaran Kanjipallu Varghese Additional Director Spencer Ollukaran Varghese Director Jose Kunjipalu Ollukaran Director Recognitions & Rankings of Ofs Industries
Contact details
Ofs Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is ofsindia.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address126 Damji Shamji Udyog Bhavan Veera Deasi Road Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryEnergy and Power, Oil & Gas Exploration & Production
To see the full contact details of Ofs Industries Private Limited, buy the company report.
Comprehensive company report
Ofs Industries Private 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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Business activity
The main business activity of Ofs Industries is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Ofs Industries Private Limited, buy the company report.
Financials of Ofs Industries Private Limited
FY 2024 filings availableOfs Industries Private Limited reported revenue of ₹12.92 Cr (up 97% YoY) for FY 2024.
Revenue · FY 2024
₹12.92 Cr ▲ 97%
Net profit · FY 2024
₹5.02 Lakh margin 0.4%
EBITDA · FY 2024
₹6.75 Lakh margin 0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 97%
3 years · compounded
▼ 1%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 13%
5 years · compounded
▲ 6%
Revenue rose 97% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 75% 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 |
|---|---|---|---|---|---|
| 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 | ₹6.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.02 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Ofs Industries Private Limited, buy the company report.
Board of directors of Ofs Industries Private Limited
Ofs Industries has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ollukaran Kanjipallu Varghese Also directs: Coating & Lining Solutions LLP, Spectron Safety Systems Private Limited, Alliance Oil Field Products Private Limited and 5 more | Additional Director | 20 Apr 2024 | 2 Years 6 Months | Current |
| Spencer Ollukaran Varghese Also directs: Spectron Safety Systems Private Limited, Alliance Oil Field Products Private Limited, Spectron Engineers Private Limited and 3 more | Director | 15 Jun 2024 | 2 Years 4 Months | Current |
| Jose Kunjipalu Ollukaran | Director | 15 Dec 1983 | 42 Years 10 Months | Current |
| Kuriappan Kunjippalu Ollukkaran | Director | 15 Jun 2024 | 2 Years 4 Months | Current |
Auditor
Ofs Industries Private Limited is audited by Umesh Kamath & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Umesh Kamath & Co. | FY 2022 | 111151W |
Shareholding
The shareholding of Ofs Industries Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ofs Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14 Lakh
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 1994 | 90212570 | Punjab & Sind Bank | ₹10 Lakh | Open | |
| 05 Jan 1987 | 90211580 | The Federal Bank Ltd | ₹4 Lakh | Open | |
| 26 Dec 2001 | 90213798 | Dena Bank | ₹2 Cr | Satisfied |
To see the full charge records of Ofs Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ofs Industries Private Limited has 7 court cases on record: 4 filed by Ofs Industries, 3 filed against it. All cases are disposed.
Total cases
7
Filed by the company
4
Filed against the company
3
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Court case (OP MV) | Filed against the company by an individual | Disposed |
| High Court | Court case (RP) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against M/S Dena Bank and 3 Ors. | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Dena Bank and 3 Ors. | Disposed |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Ofs Industries 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 Ofs Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ofs Industries has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO0648K2ZC | Maharashtra | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Ofs Industries Private Limited, buy the company report.
Recent activity
Ofs Industries Private Limited has 10 board changes on record since 1983: 4 appointments and 6 cessations. The latest: Kuriappan Kunjippalu Ollukkaran was appointed as Director on 15 Jun 2024.
AGM
Ofs Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Kuriappan Kunjippalu Ollukkaran was appointed as Director.
Appointed
Spencer Ollukaran Varghese was appointed as Director.
Appointed
Ollukaran Kanjipallu Varghese was appointed as Additional Director.
Filing
Ofs Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Ceased
Augusty Kunjipalu Ollukaran ceased to be Managing Director.
Ceased
Martinho Paul Ferrao ceased to be Additional Director.
Charges
A charge registered on 26 Dec 2001 via Charge ID 90213798 with Dena Bank was fully satisfied on 17 May 2017.
Ceased
Antony M Joseph ceased to be Director.
Ceased
Elsy Antony ceased to be Director.
Ceased
Kuriappan Kunjippalu Ollukkaran ceased to be Director.
Ceased
Ollukaran Kanjipallu Varghese ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
Ofs Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in oil and gas exploration and production, within the energy and power industry. It was incorporated on 15 December 1983 (43+ years old) and is registered under CIN U74999MH1983PTC031573.
Ofs Industries has 4 current directors:
- Ollukaran Kanjipallu Varghese - Additional Director
- Spencer Ollukaran Varghese - Director
- Jose Kunjipalu Ollukaran - Director
- Kuriappan Kunjippalu Ollukkaran - Director
The latest financial statements of Ofs Industries 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 Ofs Industries is 27AAACO0648K2ZC, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ofs Industries is U74999MH1983PTC031573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ofs Industries has 7 court cases on record: 4 filed by the company and 3 filed against it. Most are in the high courts.
Ofs Industries was incorporated on 15 December 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Kuriappan Kunjippalu Ollukkaran was appointed as Director on 15 Jun 2024. Spencer Ollukaran Varghese was appointed as Director on 15 Jun 2024. Ollukaran Kanjipallu Varghese was appointed as Additional Director on 20 Apr 2024. Ofs Industries has 10 board changes on record in total.
Yes, Ofs Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0109224).
Ofs Industries can be reached through the website ofsindia.net. Its registered office is in Mumbai, Maharashtra, India.
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