O.K. Ventures Private Limited
About O.K. Ventures Private Limited
Data last updated:
O.K. Ventures Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 27 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32200MH1999PTC121499. Its GSTIN is 27AAACO4358G1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bharat Kumar Otermal Jain and Ashok Kumar Otermal Jain.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 3 Kuldeepak Statopmn Rd Near Old T.M.C.Bldg Thane – W, Maharashtra, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.16 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹79,302 (net margin 0.7%) and EBITDA of ₹5.55 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹2.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
O.K. Ventures has one previous CIN (Corporate Identification Number): U99999MH1999PTC121499. The current CIN is U32200MH1999PTC121499, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32200MH1999PTC121499 | Current |
| U99999MH1999PTC121499 | Previous |
Contact details
O.K. Ventures Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Kuldeepak Statopmn Rd Near Old T.M.C.Bldg Thane – W, Maharashtra, India
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of O.K. Ventures 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 O.K. Ventures is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of O.K. Ventures Private Limited, buy the company report.
Financials of O.K. Ventures Private Limited
FY 2022 filings availableO.K. Ventures Private Limited reported revenue of ₹1.16 Cr (up 34% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 34% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA rose 21% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹5.55 Lakh | ||||
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| Net Profit (PAT) | ₹79,302 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of O.K. Ventures Private Limited, buy the company report.
Board of directors of O.K. Ventures Private Limited
O.K. Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Kumar Otermal Jain Also directs: Jumbo Distributors Private Limited | Director | 27 Aug 1999 | 27 Years 1 Months | Current |
| Ashok Kumar Otermal Jain | Director | 27 Aug 1999 | 27 Years 1 Months | Current |
Auditor
O.K. Ventures Private Limited is audited by K N C S & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N C S & CO | FY 2018 | 124740W |
Shareholding
The shareholding of O.K. Ventures Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of O.K. Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2020 | 100396049 | Yes Bank Limited | ₹1 Cr | Open | |
| 01 Aug 2007 | 10067037 | Tjsb Sahakari Bank Limited | ₹1 Cr | Open | |
| 08 Jan 2005 | 80005282 | The Thane Janata Sahakari Bank Limited | ₹10 Lakh | Open |
To see the full charge records of O.K. Ventures Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving O.K. Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for O.K. Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
O.K. Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO4358G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of O.K. Ventures Private Limited, buy the company report.
Recent activity
O.K. Ventures Private Limited has 6 board changes on record since 1999: 4 appointments and 2 cessations. The latest: Babulal Otermal Gungalia ceased to be Director on 31 Oct 2012.
2 earlier events are in the company report.
Frequently asked questions
O.K. Ventures is an active private limited company based in Thane, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 27 August 1999 (27+ years old) and is registered under CIN U32200MH1999PTC121499.
O.K. Ventures has 2 current directors:
- Bharat Kumar Otermal Jain - Director
- Ashok Kumar Otermal Jain - Director
The latest financial statements of O.K. Ventures on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of O.K. Ventures is 27AAACO4358G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of O.K. Ventures is U32200MH1999PTC121499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
O.K. Ventures was incorporated on 27 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Babulal Otermal Gungalia ceased to be Director on 31 Oct 2012. Otermal Kapoorchand Gungalia ceased to be Director on 31 Oct 2012. Ashok Kumar Otermal Jain was appointed as Director on 27 Aug 1999. O.K. Ventures has 6 board changes on record in total.
The registered office of O.K. Ventures is at 3 Kuldeepak Statopmn Rd Near Old T.M.C.Bldg Thane – W, Maharashtra, India.
O.K. Ventures operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
O.K. Ventures has open charges of ₹2.1 Cr and no satisfied charges on record as per latest MCA filings.