Omid Engineering Pvt Ltd
About Omid Engineering Pvt Ltd
Data last updated:
Omid Engineering Pvt Ltd is a private limited company based in Himachal Pradesh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 11 October 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U34300HP1983PTC025369. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹49.62 Lakh. It is led by directors including Lalit Bassi and Ashok Raja.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Transfered From Delhi Tohimachal Pardesh, Himachal Pradesh, India.
As per the financials filed for FY 2016, the company reported a revenue of ₹30.07 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.88 Lakh (net margin 0.1%) and EBITDA of ₹2.59 Cr (EBITDA margin 8.6%).
The company has about 101 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹192.49 Cr and satisfied charges of ₹108.66 Cr on record. Court records list 15 cases involving the company, including 1 filed by the company and 14 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Omid Engineering Pvt Ltd's registered office is in Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTransfered From Delhi Tohimachal Pardesh, Himachal Pradesh, India
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Omid Engineering Pvt Ltd, 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 Omid Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Omid Engineering Pvt Ltd, buy the company report.
Financials of Omid Engineering Pvt Ltd
FY 2016 filings availableOmid Engineering Pvt Ltd reported revenue of ₹30.07 Cr (down 9% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year. EBITDA rose 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹30.07 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.59 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.88 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.6% | |
| Net Profit Margin | 0.1% | |
| 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 Omid Engineering Pvt Ltd, buy the company report.
Board of directors of Omid Engineering Pvt Ltd
Omid Engineering has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Bassi Also directs: Him Valves and Regulators Private Limited | Director | 31 Dec 1983 | 42 Years 10 Months | Current |
| Ashok Raja Also directs: Him Valves and Regulators Private Limited | Director | 12 Jan 1998 | 28 Years 9 Months | Current |
| Shanti Swarup Raja Also directs: Him Valves and Regulators Private Limited | Director | 26 Apr 1991 | 35 Years 6 Months | Current |
Peer comparison
Omid Engineering Pvt Ltd is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Weldsmart India (OPC) Private Limited | ₹30.07 Cr (FY 2024) | 87.0% | Malur, Karnataka, India | |||
| Omid Engineering Pvt Ltdthis company | ₹30.07 Cr (FY 2016) | ₹3.88 Lakh | 0.1% | -9.0% | 101 | Himachal Pradesh, India |
| Waveultra Engineers Automation Private Limited | ₹30.07 Cr (FY 2024) | 398.0% | Bangalore, Karnataka, India | |||
| TJ Suspension Systems Private Limited | ₹30.04 Cr (FY 2025) | 17.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Omid Engineering Pvt Ltd, buy the company report.
Auditor
Omid Engineering Pvt Ltd is audited by A L SEHGAL & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A L SEHGAL & CO | FY 2016 | 003380N |
Shareholding
The shareholding of Omid Engineering Pvt Ltd is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Omid Engineering Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2014 | 10521594 | Syndicate Bank | ₹169.43 Cr | Open | |
| 24 Feb 2014 | 10521564 | Syndicate Bank | ₹14 Cr | Open | |
| 27 Sep 2004 | 90170013 | Director of Industries Himachal Pradesh | ₹5.86 Lakh | Open | |
| 29 Sep 2002 | 90172976 | Syndicatebank | ₹9 Cr | Open | |
| 24 Aug 2010 | 10239191 | Punjab & Sind Bank | ₹2 Cr | Satisfied |
To see the full charge records of Omid Engineering Pvt Ltd, buy the company report.
Total charge records: 23 View all charges
Legal cases
Omid Engineering Pvt Ltd has 15 court cases on record: 1 filed by Omid Engineering, 14 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 2 |
| Supreme Court | 2 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Berger Paints India Ltd. | Pending |
| District court, South East, Delhi | Commercial suit | Filed against the company by M/S Berger Paints India Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Prathima Industries Pvt. Ltd. and 3 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Omid Engineering Pvt Ltd, 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
Omid Engineering Pvt Ltd was last rated by Care on 02 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Dec 2020 |
To see the full credit ratings and regulatory alerts of Omid Engineering Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Omid Engineering Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Omid Engineering Pvt Ltd has a workforce of 101 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Omid Engineering has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Omid Engineering Pvt Ltd, buy the company report.
Recent activity
Omid Engineering Pvt Ltd has 6 board changes on record since 1983: 4 appointments and 2 cessations. The latest: Sandeep Goel was appointed as Irp/Rp/Liquidator on 30 Jun 2023.
54 earlier events are in the company report.
Frequently asked questions
Omid Engineering is an active private limited company based in Himachal Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 11 October 1983 (43+ years old) and is registered under CIN U34300HP1983PTC025369.
Omid Engineering has 3 current directors:
- Lalit Bassi - Director
- Ashok Raja - Director
- Shanti Swarup Raja - Director
The latest financial statements of Omid Engineering on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Omid Engineering has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Omid Engineering is U34300HP1983PTC025369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Omid Engineering has 15 court cases on record: 1 filed by the company and 14 filed against it. 2 are pending. Most are in the district courts.
Omid Engineering was incorporated on 11 October 1983, making it 43+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Omid Engineering by revenue are Weldsmart India (OPC) Private Limited, Waveultra Engineers Automation Private Limited, TJ Suspension Systems Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Sandeep Goel was appointed as Irp/Rp/Liquidator on 30 Jun 2023. Neeraj Garg ceased to be Director on 16 Nov 2013. Arvin Raja ceased to be Director on 30 Apr 2012. Omid Engineering has 6 board changes on record in total.
The registered office of Omid Engineering is at Transfered From Delhi Tohimachal Pardesh, Himachal Pradesh, India.
Omid Engineering operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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