Oilgear India Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bangalore, Karnataka, India, established in 1996.
1996 Bangalore, Karnataka, India Active
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About Oilgear India Private Limited

Oilgear India Private Limited, a active private limited company, was established on 23 December 1996 in Bangalore, Karnataka, India. Engaging in hydraulic machinery & equipment within the manufacturing sector, it holds CIN: U85110KA1996PTC021546. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.75 Cr and a paid-up capital of ₹1.69 Cr.

Formerly known as Towler Enterprise Solutions Private Limited, Harman Oilgear Private Limited. It upholds a compliant status. Employing 5 professional, Its leadership includes Nimesh Shah (Director), Jinesh Hiralal Shah (Director), Adesh Jinesh Shah (Director). Past directors included Robert David Drake, Laura Sirje Hopper, Nimesh Shah. It holds ₹24.99 Cr open charges and ₹5.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Unit No. 506, 5Th Floor, Brigade Rubix, No. 20 Hmt Watch Factory Road, Bangalore, Karnataka, 560022.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U85110KA1996PTC021546

  • Registration Number

    021546

  • Incorporation Date

    23 December 1996

  • Authorized Capital

    ₹1.75 Cr

  • Paid-Up Capital

    ₹1.69 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 1.69 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 24.99 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth **** 50.53%
  • Profit Growth **** 69.19%
  • Ebitda **** 36.79%
  • Net Worth 6.30%
  • Total Assets **** 54.81%
Company report

Oilgear India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Oilgear India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Oilgear India Private Limited?
Current Directors
Name Designation Appointment Date Status
Nimesh Shah Director 30 May 2013 Current
Jinesh Hiralal Shah Director 30 May 2013 Current
Adesh Jinesh Shah Director 30 May 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Jun 2010 Past
Pramod Abcsdd Director 05 Jul 2011 Past
Pramod Abcsdd Additional Director 30 Sep 2013 Past
Pramod Abcsdd Additional Director 30 Sep 2013 Past
Pramod Abcsdd Managing Director 31 Jan 2010 Past
Pramod Abcsdd Director 05 Jul 2011 Past

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Financial Performance of Oilgear India.

Oilgear India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.53% increase. The company also saw a substantial improvement in profitability, with a 69.19% increase in profit. The company's net worth moved up by a moderate rise of 6.3%.

Oilgear India revenue growth over time
Oilgear India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 50.53%
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Revenue from Operations
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 50.81%
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Total Assets
*******
 54.81%
*******
*******
*******
*******
Profit or Loss
*******
 69.19%
*******
*******
*******
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Net Worth
*******
 6.30%
*******
*******
*******
*******
EBITDA
*******
 36.79%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Oilgear India?

Unlock access to Oilgear India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹249,900,000.00

Satisfied Charges

₹50,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 24.99 Cr
Latest Charge Details
Date Lender Amount Status
10 Oct 2023 Hdfc Bank Limited ₹24.99 Cr Open
07 Mar 2014 Bank Of Baroda ₹1.00 Cr Satisfied
08 Oct 2001 Bank Of India ₹1.75 Cr Satisfied
09 Dec 2000 Bank Of India ₹1.25 Cr Satisfied
02 Dec 2000 Bank Of India ₹1.00 Cr Satisfied

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How Many Employees Work at Oilgear India?

Oilgear India has a workforce of 5 employees as of Aug 13, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Oilgear India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Oilgear India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Oilgear India
Recent Activity within the Organization
  • Annual General Meeting

    Oilgear India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Oilgear India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 24.99 Cr registered on 10 Oct 2023 with Charge ID 100821813 was modified on 04 Nov 2024. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 24.99 Cr with Charge ID 100821813 was registered on 10 Oct 2023. was completed.

  • Charges

    The activity A charge registered on 07 Mar 2014 via Charge ID 10502784 with Bank Of Baroda was fully satisfied on 09 Nov 2022. was completed.

  • Charges

    The activity A charge with Bank Of Baroda amounted to Rs. 1.00 Cr with Charge ID 10502784 was registered on 07 Mar 2014. was completed.

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Frequently Asked Questions
What is the CIN of Oilgear India Private Limited?

The CIN of Oilgear India Private Limited is U85110KA1996PTC021546.

Where is Oilgear India Private Limited headquartered?

Oilgear India Private Limited is headquartered at Unit No. 506, 5Th Floor, Brigade Rubix, No. 20 Hmt Watch Factory Road, Bangalore, Karnataka, 560022.

When was Oilgear India Private Limited incorporated?

Oilgear India Private Limited was incorporated on 23 December 1996.

Who are the current directors of Oilgear India Private Limited?

The current directors of Oilgear India Private Limited are

What is the primary industry of Oilgear India Private Limited?

The primary industry of Oilgear India Private Limited is Manufacturing.

Is Oilgear India Private Limited a listed company?

Oilgear India Private Limited is unlisted.

What is the capital structure of Oilgear India Private Limited?

The authorized capital of Oilgear India Private Limited is ₹1.75 Cr, and the paid-up capital is ₹1.69 Cr.

What is the compliance status of Oilgear India Private Limited?

The compliance status of Oilgear India Private Limited is Compliant.

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