Onir Information Technology Limited

Onir Information Technology Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U72200MH1992PLC064816 Incorporated 13 January 1992 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company financial services
Data last updated
Revenue · FY 2019
₹4.85 Cr
▲ 3131% YoY
Net loss · FY 2019
₹6.97 Cr
Net margin -143.6%
EBITDA · FY 2019
-₹6.82 Cr
EBITDA margin -140.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹84.46 Lakh
Issued & subscribed
Company age
34 yrs
Est. 1992
Directors on board
3
As per MCA filings
Active GSTINs
1
of 3 registered

About Onir Information Technology Limited

Data last updated:

Onir Information Technology Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Essar Steel Metal Trading Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 13 January 1992.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1992PLC064816. Its GSTIN is 27AAACE4160G2ZW (Maharashtra). The company held 3 GST registrations, of which 1 is active.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹84.46 Lakh. It was formerly known as Essar Information Technology Limited. It was led by directors including Kaustubh Arun Sonalkar and Ashish Vijay Kumar Rajgarhia.

Its last annual general meeting (AGM) was held on 20 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Essar House11 K Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034.

As per the financials filed for FY 2019, the company reported a revenue of ₹4.85 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.97 Cr (net margin -143.6%) and EBITDA of -₹6.82 Cr (EBITDA margin -140.5%).

Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 9 deals on record (6 secondary share transfers, 2 convertible or debt financings, 1 funding round), with disclosed funding of ₹36.49 Cr; the latest was in March 2019. Its 10 peer companies in the BFSI industry (Real Estate Leasing) are compared by revenue, 5 larger and 5 smaller; the largest is L.C.R. Investments Private Limited.

Company Details of Onir Information Technology Limited
CIN U72200MH1992PLC064816
Registration Number 064816
Incorporation Date 13 January 1992
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 20 September 2019
Date of Balance Sheet 31 March 2019
Parent Company Essar Steel Metal Trading Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Essar House11 K Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034
  • Industry
    Financial Services, Real Estate Financing
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Financials, compliance, directors, charges, ownership and filings for Onir Information Technology Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Onir Information Technology Limited

The main business activity of Onir Information Technology is real estate. In detail, this covers real estate activities with own or leased property.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
LReal EstateL1Real estate activities with own or leased propertyLocked
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Financials of Onir Information Technology Limited FY 2019 filings available

Onir Information Technology Limited reported revenue of ₹4.85 Cr (up 3131% YoY) for FY 2019.

Revenue · FY 2019
₹4.85 Cr ▲ 3131%
Net loss · FY 2019
₹6.97 Cr margin -143.6%
EBITDA · FY 2019
-₹6.82 Cr margin -140.5%

Financial Statement Summary of Onir Information Technology Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹4.85 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹6.82 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹6.97 Cr••••••••••••••••
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 of Onir Information Technology Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-140.5%••••••••••••••••
Net Profit Margin-143.6%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Onir Information Technology are in the company report.

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Financial statements from 2015

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Peer Comparison of Onir Information Technology Limited

Onir Information Technology Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
L.C.R. Investments Private Limited••••••••••••••••-New Delhi, Delhi, India
Sapl Infrastructures Private Limited••••••••••••••••-Jamshedpur, Jharkhand, India
Jamaica Capital Investment and Finance Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Jyotika Apparels Private Limited••••••••••••••••-New Delhi, Delhi, India
NMR Enterprises Private Limited••••••••••••••••126Mumbai, Maharashtra, India
Onir Information Technology Limited this company••••••••••••••••-Mumbai, Maharashtra, India
Vidyut Electricals & Electronics Private Limited••••••••••••••••-Kolkata, West Bengal, India
Swasti Housing Projects Pvt Ltd.••••••••••••••••-Kolkata, West Bengal, India
Govinda Housing Limited••••••••••••••••-Agra, Uttar Pradesh, India
Western India Cottons Limited••••••••••••••••-Cannanore, Kerala, India
N & N Developers Limited••••••••••••••••-Gurgaon, Haryana, India

Peers are the five companies nearest above and the five nearest below Onir Information Technology by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Onir Information Technology Limited

Onir Information Technology Limited is audited by N K R & CO for the financial year 2019.

NameStatusAppointment DateCessation Date
N K R & COLockedLockedLocked
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Board of Directors of Onir Information Technology Limited

Onir Information Technology has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kaustubh Arun SonalkarDirector17 Apr 20197 Years 5 MonthsAs last reported
Ashish Vijay Kumar RajgarhiaDirector27 May 20197 Years 4 MonthsAs last reported
Kailash Daulatani TahkandasDirector20 May 20197 Years 4 MonthsAs last reported

Ownership and Shareholding of Onir Information Technology Limited

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Charges & Borrowings of Onir Information Technology Limited

Onir Information Technology Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Onir Information Technology Limited

Onir Information Technology Limited has 9 deals on record (6 secondary share transfers, 2 convertible or debt financings, 1 funding round), with disclosed funding of ₹36.49 Cr; the latest was in March 2019.

Total deals
9
Secondary share transfers
6
Convertible or debt financings
2
Funding round
1
Disclosed funding
₹36.49 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: Essar Steel Metal Trading Limited
Seller: Edwell Infrastructure Hazira Limited
Mar 2016Secondary share transferUndisclosedBuyer: Balaji Trust
Seller: Imperial Consultants and Securities Limited
Mar 2012Secondary share transferUndisclosedBuyer: Imperial Consultants and Securities Limited
Seller: Essar Investment Limited
Jan 2011Secondary share transferUndisclosedBuyer: Essar Investment Limited
Seller: Aegis Limited
Jan 2011Secondary share transferUndisclosedBuyer: Aegis Limited
Seller: Essar Investment Limited
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Employees and EPFO Compliance at Onir Information Technology Limited

Employment history and EPFO contributions of people linked to Onir Information Technology.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Onir Information Technology Limited

Onir Information Technology Limited has 16 board changes on record since 2007: 3 appointments and 13 cessations. The latest: Ashish Vijay Kumar Rajgarhia ceased to be Additional Director on 20 Sep 2019.

AGM
Onir Information Technology Limited last Annual general meeting of members was held on 20 Sep 2019 as per latest MCA records.
Ceased
Ashish Vijay Kumar Rajgarhia ceased to be Additional Director.
Ceased
Kailash Daulatani Tahkandas ceased to be Additional Director.
Ceased
Kaustubh Arun Sonalkar ceased to be Additional Director.
Ceased
Arun Kumar Musaddy ceased to be Director.
Appointed
Ashish Vijay Kumar Rajgarhia was appointed as Director.
Appointed
Kailash Daulatani Tahkandas was appointed as Director.
Ceased
Somashekhar Basavaraj Malagi ceased to be Director.
Ceased
Girish Kamlakar Sathe ceased to be Director.
Appointed
Kaustubh Arun Sonalkar was appointed as Director.
Filing
Onir Information Technology Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Ceased
Sandip Sen ceased to be Director.

7 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Onir Information Technology Limited

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MSME Payment Delays by Onir Information Technology Limited

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Subsidiaries & Group Companies of Onir Information Technology Limited

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GST Compliance of Onir Information Technology Limited

Onir Information Technology has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAACE4160G2ZWMaharashtraActive07 May 2018
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MCA Filings & Documents of Onir Information Technology Limited

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Frequently Asked Questions about Onir Information Technology Limited

Onir Information Technology has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Onir Information Technology was a public limited company based in Mumbai, Maharashtra, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 13 January 1992 and is registered under CIN U72200MH1992PLC064816. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Onir Information Technology was incorporated on 13 January 1992. It is registered with the Registrar of Companies, Mumbai.

Onir Information Technology had 3 directors:

The CIN (Corporate Identification Number) of Onir Information Technology is U72200MH1992PLC064816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Onir Information Technology is at Essar House11 K Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034.

Onir Information Technology reported revenue of ₹4.85 Cr for FY 2019 (up 3131% YoY).

Onir Information Technology has an authorised share capital of ₹1 Cr and a paid-up capital of ₹84.46 Lakh.

Onir Information Technology reported a net loss of ₹6.97 Cr (net margin -143.6%) and EBITDA of -₹6.82 Cr (EBITDA margin -140.5%) for FY 2019, as per its filed financial statements.

The GSTIN of Onir Information Technology is 27AAACE4160G2ZW, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

Onir Information Technology operated in the financial services industry, in the real estate financing segment.

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