About Okaya Power Private Limited
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Okaya Power Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 29 July 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899HR1987PTC125247. Its GSTIN is 06AADCA7106P1ZJ (Haryana). The company holds 29 GST registrations, of which 25 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.99 Cr. It was formerly known as Extel Systems Private Limited and Okaya Power Limited. It is led by directors including Saurabh Gupta and Arush Gupta.
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 Sector 43, Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹841.3 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹6.13 Cr (net margin -0.7%) and EBITDA of -₹12.53 Lakh (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The company has about 745 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹356.5 Cr and satisfied charges of ₹125 Cr on record. Court records list 306 cases involving the company, including 258 filed by the company and 48 filed against it; 70 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹65.35 Cr; the latest was in February 2020. Its 7 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 4 smaller; the largest is Avaada Electro Limited with revenue of ₹933.09 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 35 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website okayapower.com.
Company details
Name history
Okaya Power has undergone 3 name changes throughout its history. The company was previously known as Extel Systems Private Limited, Okaya Power Limited, and Arrow International Private Limited. The current legal name is Okaya Power Private Limited.
| Company Name | Status |
|---|---|
| Okaya Power Private Limited | Current |
| Extel Systems Private Limited | Previous |
| Okaya Power Limited | Previous |
| Arrow International Private Limited | Previous |
CIN history
Okaya Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74899HR1987PTC125247, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899HR1987PTC125247 | Current |
| U74899DL1987PLC028737 | Previous |
| U74899DL1987PTC028737 | Previous |
Contact details
Okaya Power Private Limited's registered office is in Gurgaon, Haryana. Its website is okayapower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPlot No.2, Sector 43 Golf Course Road, Gurgaon, Haryana, India – 122009
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Okaya Power 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 Okaya Power is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Okaya Power Private Limited, buy the company report.
Financials of Okaya Power Private Limited
FY 2024 filings availableOkaya Power Private Limited reported revenue of ₹841.3 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 101% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹12.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.13 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | -0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Okaya Power Private Limited, buy the company report.
Board of directors of Okaya Power Private Limited
Okaya Power has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Gupta Also directs: Microtek Realestate Developers Private Limited, Balaji Buildcorp LLP, Geon International Private Limited and 4 more | Director | 10 Apr 2024 | 2 Years 6 Months | Current |
| Arush Gupta Also directs: Geon International Private Limited, Sunoxx International Private Limited, Okaya Fujikawa Power Private Limited and 5 more | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
| Ramesh Jamdhade Also directs: Geon International Private Limited, Sunoxx International Private Limited, Okaya Fujikawa Power Private Limited and 1 more | Director | 17 Mar 2025 | 1 Years 7 Months | Current |
| Naresh Singhal Kumar Also directs: M-Incognito Resources LLP, Mtekpower Private Limited, Ferrato Superbikes Private Limited and 5 more | Director | 23 Dec 2019 | 6 Years 10 Months | Current |
| Rekha Gupta Also directs: Deepanshu Projects Private Limited, Microtek Infrastructures Private Limited, Action Constructwell Private Limited and 5 more | Additional Director | 03 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Okaya Power Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avaada Electro Limited | ₹933.09 Cr (FY 2025) | 2986.0% | Noida, Uttar Pradesh, India | |||
| Genus Electrotech Limited | ₹906.78 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Wonder Electricals Limited | ₹894.93 Cr (FY 2025) | 57.0% | Delhi, India | |||
| Okaya Power Private Limitedthis company | ₹841.3 Cr (FY 2025) | -₹6.13 Cr | -0.7% | -7.0% | 745 | Gurgaon, Haryana, India |
| Lohum Cleantech Private Limited | ₹835.12 Cr (FY 2025) | 58.0% | Delhi, India | |||
| Topband India Private Limited | ₹823.56 Cr (FY 2025) | 67.0% | Pune, Maharashtra, India | |||
| Tata Autocomp Gy Batteries Private Limited | ₹795.17 Cr (FY 2025) | 29.0% | Pune, Maharashtra, India | |||
| Yaskawa India Private Limited | ₹787.27 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Okaya Power Private Limited, buy the company report.
Auditor
Okaya Power Private Limited is audited by ANIL ARBIND & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL ARBIND & CO | FY 2024 | 010613C |
Shareholding
The shareholding of Okaya Power Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Okaya Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2022 | 100545438 | Hdfc Bank Limited | ₹6.5 Cr | Open | |
| 30 Jul 2021 | 100481133 | Yes Bank Limited | ₹40 Cr | Open | |
| 11 Feb 2021 | 100418462 | Axis Bank Limited | ₹25 Cr | Open | |
| 16 Oct 2019 | 100302175 | Hdfc Bank Limited | ₹185 Cr | Open | |
| 04 Oct 2018 | 100230682 | Hdfc Bank Limited | ₹100 Cr | Open |
To see the full charge records of Okaya Power Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Okaya Power Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹65.35 Cr; the latest was in February 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2012 | Funding round | ₹44.22 Cr | Investors: 4 individuals |
| Jan 2010 | Funding round | ₹16.15 Cr | Investors: 4 individuals |
| Jun 2007 | Funding round | ₹4.98 Cr | Investors: 4 individuals |
To see the full deal history of Okaya Power Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Okaya Power Private Limited has 306 court cases on record: 258 filed by Okaya Power, 48 filed against it. 70 cases are pending and 236 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 262 | 25 | 66 |
| High courts | 41 | 21 | 4 |
| Supreme Court | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 306)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Arteo Controls Pvt Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed by the company against Rajasthan Electronics and Instruments Limited | Pending |
| District court, West, Delhi | Civil suit | Filed by the company against Ohm Ecars Pvt Ltd | Pending |
| District court, North West, Delhi | Execution petition | Filed by the company against M/S Nirmal Utility Services Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Kinetic Green Energy and Power Solutions Limited | Pending |
To see the full case history of Okaya Power 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.
Credit ratings & regulatory alerts
Okaya Power Private Limited was last rated by Indiarating on 02 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 02 Sep 2022 |
To see the full credit ratings and regulatory alerts of Okaya Power Private Limited, buy the company report.
MSME payment delays
Okaya Power Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 35 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Design India | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Okaya Power Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Okaya Power has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Okaya Energy Storage Solutions Private Limited | U31101DL2019PTC357763 | |
| Okaya Global Charging Solutions Private Limited | U31900DL2021PTC389151 |
To see the full group structure of Okaya Power Private Limited, buy the company report.
Employees & EPFO
Okaya Power Private Limited has a workforce of 745 employees on its EPFO records as of Nov 18, 2025, across 1 active EPFO establishment.
GST
Okaya Power has 29 GST registrations: 25 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCA7106P1ZJ | Haryana | Active | 01 Jul 2017 |
| 03AADCA7106P1ZP | Punjab | Active | 01 Jul 2017 |
| 05AADCA7106P1ZL | Uttarakhand | Active | 01 Jul 2017 |
| 07AADCA7106P1ZH | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Okaya Power Private Limited, buy the company report.
Recent activity
Okaya Power Private Limited has 21 board changes on record since 2013: 5 appointments and 16 cessations. The latest: Rekha Gupta was appointed as Additional Director on 03 Apr 2025.
31 earlier events are in the company report.
News
Frequently asked questions
Okaya Power is an active private limited company based in Gurgaon, Haryana, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 29 July 1987 (39+ years old) and is registered under CIN U74899HR1987PTC125247.
Okaya Power has 5 current directors:
- Saurabh Gupta - Director
- Arush Gupta - Director
- Ramesh Jamdhade - Director
- Naresh Singhal Kumar - Director
- Rekha Gupta - Additional Director
The latest financial statements of Okaya Power 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 Okaya Power is 06AADCA7106P1ZJ, registered in Haryana. The company has 29 GST registrations in all, of which 25 are active and 4 are cancelled or inactive. Other active GSTINs include 03AADCA7106P1ZP (Punjab), 05AADCA7106P1ZL (Uttarakhand), 07AADCA7106P1ZH (Delhi).
The CIN (Corporate Identification Number) of Okaya Power is U74899HR1987PTC125247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Okaya Power has 306 court cases on record: 258 filed by the company and 48 filed against it. 70 are pending. Most are in the district courts.
Okaya Power was incorporated on 29 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Delhi.
Okaya Power has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹65.35 Cr; the latest was in February 2020.
The peers of Okaya Power by revenue are Avaada Electro Limited, Genus Electrotech Limited, Wonder Electricals Limited, Lohum Cleantech Private Limited, Topband India Private Limited and 2 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Rekha Gupta was appointed as Additional Director on 03 Apr 2025. Ramesh Jamdhade was appointed as Director on 17 Mar 2025. Anil Gupta ceased to be Director on 03 Dec 2024. Okaya Power has 21 board changes on record in total.
Okaya Power has 3 MSME Form 1 returns on record between 2019 and 2020, listing 35 overdue payments to 7 micro and small suppliers. The latest return was filed on 19 Aug 2020.
Okaya Power can be reached through the website okayapower.com. Its registered office is in Gurgaon, Haryana, India.
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