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Ontap Direct Private Limited - e-commerce in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.36 Cr
▲ 181831% YoY
Net loss · FY 2023
₹22.46 Lakh
Net margin -9.5%
EBITDA · FY 2023
-₹21.35 Lakh
EBITDA margin -9.1%
Authorised capital
₹6.22 Cr
Registered with MCA
Paid-up capital
₹6.12 Cr
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
14
Provident fund records
Directors on board
4
As per MCA filings
About Ontap Direct Private Limited
Data last updated:
Ontap Direct Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 23 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93000DL2021PTC387033. Its GSTIN is 07AADCO5774F1ZA (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹6.22 Cr and a paid-up capital of ₹6.12 Cr. It is led by directors including Angad Singh and Hitesh Mediratta.
Its last annual general meeting (AGM) was held on 25 January 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 23 Upper Ground Floor Sant Nagar East Of Kailash, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹22.46 Lakh (net margin -9.5%) and EBITDA of -₹21.35 Lakh (EBITDA margin -9.1%).
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Sip Direct and Ontap Direct. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.31 Cr; the latest was in July 2022. Its 10 peer companies in the same principal business activity (retail trading) are compared by revenue, 5 larger and 5 smaller; the largest is Northgreen Energy Private Limited with revenue of ₹2.36 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ontapdirect.com.
Company details
CIN U93000DL2021PTC387033
Registration Number 387033
Incorporation Date 23 September 2021
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 January 2024
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Ontap Direct has one previous CIN (Corporate Identification Number): U51909DL2021PTC387033. The current CIN is U93000DL2021PTC387033, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000DL2021PTC387033 | Current |
| U51909DL2021PTC387033 | Previous |
Recognitions & Rankings of Ontap Direct
Contact details
Ontap Direct Private Limited's registered office is in New Delhi, Delhi. Its website is ontapdirect.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address23 Upper Ground Floor Sant Nagar East Of Kailash, New Delhi, Delhi, India – 110065
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Ontap Direct Private Limited, buy the company report.
Comprehensive company report
Ontap Direct Private Limited - one report that includes everything
- 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
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Brands
Ontap Direct operates two associated brands: Sip Direct and Ontap Direct. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for purchasing and delivering liquor, sodas, and cocktail mixes. | sipdirect.com | |
| Digitizing the food and beverages value chain to connect stakeholders and enhance operational efficiency. | ontapdirect.com |
Business activity
The main business activities of Ontap Direct are trade and information and communication. In detail, this covers retail trading and data processing, hosting and related activities; web portal. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Ontap Direct Private Limited, buy the company report.
Financials of Ontap Direct Private Limited
FY 2023 filings availableOntap Direct Private Limited reported revenue of ₹2.36 Cr (up 181831% YoY) for FY 2023.
Revenue · FY 2023
₹2.36 Cr ▲ 181831%
Net loss · FY 2023
₹22.46 Lakh margin -9.5%
EBITDA · FY 2023
-₹21.35 Lakh margin -9.1%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2.36 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹21.35 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹22.46 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -9.1% | |
| Net Profit Margin | -9.5% | |
| 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 Ontap Direct Private Limited, buy the company report.
Board of directors of Ontap Direct Private Limited
Ontap Direct has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Angad Singh | Director | 11 Nov 2021 | 4 Years 11 Months | Current |
| Hitesh Mediratta | Director | 11 Nov 2021 | 4 Years 11 Months | Current |
| Ruchi Negi | Director | 23 Sep 2021 | 5 Years 1 Months | Current |
| Ashish Verma Also directs: Ihc Advisory Services Private Limited | Director | 23 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Ontap Direct Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Northgreen Energy Private Limited | ₹2.36 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Meera Automotive Private Limited | ₹2.36 Cr (FY 2025) | -15.0% | Mehsana, Gujarat, India | |||
| Shah Fulchand Uttamchand Hosiery Private Limited | ₹2.36 Cr (FY 2021) | 25.0% | Mumbai, Maharashtra, India | |||
| Vidarbha Petroleum & Domestic Appliances Private Limited | ₹2.36 Cr (FY 2024) | -4.0% | Amravati, Maharashtra, India | |||
| Rasi Motocorp Private Limited | ₹2.36 Cr (FY 2025) | -3.0% | Kharagpur, West Bengal, India | |||
| Ontap Direct Private Limitedthis company | ₹2.36 Cr (FY 2023) | -₹22.46 Lakh | -9.5% | 181831.0% | 14 | New Delhi, Delhi, India |
| Gurudatta Retails Private Limited | ₹2.36 Cr (FY 2018) | Pune, Maharashtra, India | ||||
| Spisduniya Food and Beverage Private Limited | ₹2.35 Cr (FY 2025) | 768.0% | Hyderabad, Telangana, India | |||
| Prime India Autolinks Private Limited | ₹2.35 Cr (FY 2025) | -34.0% | Delhi, India | |||
| Tradyl Private Limited | ₹2.35 Cr (FY 2023) | -18.0% | Bangalore, Karnataka, India | |||
| T.S.M. India Private Limited | ₹2.35 Cr (FY 2024) | 29.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ontap Direct Private Limited, buy the company report.
Auditor
Ontap Direct Private Limited is audited by CHATURVEDI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & CO. | FY 2023 | 302137E |
Shareholding
The shareholding of Ontap Direct Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ontap Direct Private Limited, buy the company report.
Deals & funding
Ontap Direct Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.31 Cr; the latest was in July 2022.
Total deals
2
Funding rounds
2
Disclosed funding
₹2.31 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Funding round · Series B | ₹63 Lakh | Investors: Inbrew Asia Pte Limited |
| Jan 2022 | Funding round · Series A | ₹1.68 Cr | Investors: Inbrew Asia Pte Limited, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ontap Direct 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 Ontap Direct Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ontap Direct Private Limited has a workforce of 14 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
133.33%
GST
Ontap Direct has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCO5774F1ZA | Delhi | Active | 16 Dec 2021 |
| 06AADCO5774F1ZC | Haryana | Active | 19 Oct 2022 |
| 19AADCO5774F1Z5 | West Bengal | Active | 10 Jul 2023 |
To see the full GST registrations and return filing status of Ontap Direct Private Limited, buy the company report.
Recent activity
Ontap Direct Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Angad Singh ceased to be Additional Director on 14 Mar 2023.
AGM
Ontap Direct Private Limited last Annual general meeting of members was held on 25 Jan 2024 as per latest MCA records.
Filing
Ontap Direct Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi I.
Ceased
Angad Singh ceased to be Additional Director.
Ceased
Hitesh Mediratta ceased to be Additional Director.
Appointed
Angad Singh was appointed as Director.
Appointed
Hitesh Mediratta was appointed as Director.
Appointed
Ashish Verma was appointed as Director.
Appointed
Ruchi Negi was appointed as Director.
Incorporation
23 Sep 2021
Ontap Direct Private Limited was registered on 23 Sep 2021 with Roc Delhi I & aged 5 years 1 month as per MCA records.
Frequently asked questions
Ontap Direct is an active private limited company based in New Delhi, Delhi, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 23 September 2021 (5+ years old) and is registered under CIN U93000DL2021PTC387033.
Ontap Direct has 4 current directors:
- Angad Singh - Director
- Hitesh Mediratta - Director
- Ruchi Negi - Director
- Ashish Verma - Director
The latest financial statements of Ontap Direct on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 January 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Ontap Direct is 07AADCO5774F1ZA, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AADCO5774F1ZC (Haryana), 19AADCO5774F1Z5 (West Bengal).
The CIN (Corporate Identification Number) of Ontap Direct is U93000DL2021PTC387033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ontap Direct was incorporated on 23 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Ontap Direct has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.31 Cr; the latest was in July 2022.
The peers of Ontap Direct by revenue are Northgreen Energy Private Limited, Meera Automotive Private Limited, Shah Fulchand Uttamchand Hosiery Private Limited, Vidarbha Petroleum & Domestic Appliances Private Limited, Rasi Motocorp Private Limited and 5 more, all in the same principal business activity (retail trading).
Angad Singh ceased to be Additional Director on 14 Mar 2023. Hitesh Mediratta ceased to be Additional Director on 14 Mar 2023. Angad Singh was appointed as Director on 11 Nov 2021. Ontap Direct has 6 board changes on record in total.
Yes, Ontap Direct is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ontap Direct can be reached through the website ontapdirect.com. Its registered office is in New Delhi, Delhi, India.