MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0075531
Ontrack Technologies Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.31 Cr
▲ 4% YoY
Net loss · FY 2024
₹39.3 Lakh
Net margin -9.1%
EBITDA · FY 2024
₹28.05 Lakh
EBITDA margin 6.5%
Authorised capital
₹1.42 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Open charges
₹22.2 Lakh
Satisfied ₹64.5 Lakh
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Ontrack Technologies Private Limited
Data last updated:
Ontrack Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online rental platforms segment of the e-commerce sector. It was incorporated on 23 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC086423. Its GSTIN is 29AACCO2800M2ZC (Karnataka). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.42 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Vansh Jain and Harshit Sonthalia.
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 91 Springboard 4th Floor No 22 Salarpuria Towers Koramangala Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.31 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹39.3 Lakh (net margin -9.1%) and EBITDA of ₹28.05 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 12% over five years.
The company is associated with 1 brand: Ontrack. As per MCA filings, the company has open charges of ₹22.2 Lakh and satisfied charges of ₹64.5 Lakh on record. Court records list 10 cases involving the company, including 10 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹65 Lakh; the latest was in February 2018. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 2 micro and small suppliers.
Ontrack Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0075531). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website on-track.in.
Company details
CIN U74900KA2016PTC086423
Registration Number 086423
Incorporation Date 23 February 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0075531
Key People
Vansh Jain Director Harshit Sonthalia Director Recognitions & Rankings of Ontrack Technologies
Contact details
Ontrack Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is on-track.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address91 Springboard 4th Floor No 22 Salarpuria Towers Koramangala Bangalore, Karnataka, India – 560095
- IndustryE-Commerce, Online Rental Platforms
To see the full contact details of Ontrack Technologies Private Limited, buy the company report.
Comprehensive company report
Ontrack Technologies 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
Ontrack Technologies operates one associated brand: Ontrack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ontrack is engaged in two-wheeler rental and financing services. | on-track.in |
Business activity
The main business activity of Ontrack Technologies is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Ontrack Technologies Private Limited, buy the company report.
Financials of Ontrack Technologies Private Limited
FY 2024 filings availableOntrack Technologies Private Limited reported revenue of ₹4.31 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹4.31 Cr ▲ 4%
Net loss · FY 2024
₹39.3 Lakh margin -9.1%
EBITDA · FY 2024
₹28.05 Lakh margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 22%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 145%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 4% growth in the latest year. EBITDA fell 22% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹28.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹39.3 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | -9.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ontrack Technologies Private Limited, buy the company report.
Board of directors of Ontrack Technologies Private Limited
Ontrack Technologies has 2 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 |
|---|---|---|---|---|
| Vansh Jain Also directs: Amvj Private Limited, VPR Ventures (OPC) Private Limited | Director | 22 Aug 2016 | 10 Years 2 Months | Current |
| Harshit Sonthalia | Director | 23 Feb 2016 | 10 Years 8 Months | Current |
Auditor
Ontrack Technologies Private Limited is audited by RAVIRAJ MANIKARNIKE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVIRAJ MANIKARNIKE | FY 2023 | 018497 |
Shareholding
The shareholding of Ontrack Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ontrack Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.2 Lakh
Satisfied charges
₹64.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2020 | 100355850 | Canara Bank | ₹5.3 Lakh | Open | |
| 20 Mar 2019 | 100253358 | Canara Bank | ₹5 Lakh | Open | |
| 12 Jan 2018 | 100177903 | Others | ₹11.9 Lakh | Open | |
| 26 Oct 2018 | 100232681 | Canara Bank | ₹35 Lakh | Satisfied | |
| 18 Feb 2017 | 100077499 | Canara Bank | ₹29.5 Lakh | Satisfied |
To see the full charge records of Ontrack Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ontrack Technologies Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹65 Lakh; the latest was in February 2018.
Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹65 Lakh
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Funding round | ₹65 Lakh | Investors: Diverse Middle East FZE, 3 individuals |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ontrack Technologies Private Limited has 10 court cases on record: 10 filed against it. 2 cases are pending and 8 are disposed.
Total cases
10
Filed against the company
10
Pending
2
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 1 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Oriental Insurance Co Ltd | Pending |
| High Court, KARNATAKA | Court case (MFA) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Tradenet Prime | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.I.R.MISC) | Filed against the company by an individual | Disposed |
To see the full case history of Ontrack Technologies 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.
MSME payment delays
Ontrack Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ontrack Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ontrack Technologies has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCO2800M2ZC | Karnataka | Active | 01 Jul 2017 |
| 35AACCO2800M1ZK | Andaman and Nicobar Islands | Active | 19 Apr 2021 |
To see the full GST registrations and return filing status of Ontrack Technologies Private Limited, buy the company report.
Recent activity
Ontrack Technologies Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Racheet Kumar Jain ceased to be Director on 19 Oct 2017.
AGM
Ontrack Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ontrack Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 26 Oct 2018 via Charge ID 100232681 with Canara Bank was fully satisfied on 24 May 2023.
Charges
A charge registered on 18 Feb 2017 via Charge ID 100077499 with Canara Bank was fully satisfied on 13 Feb 2023.
Charges
A charge with Canara Bank amounted to Rs. 5.30 Lakh with Charge ID 100355850 was registered on 10 Jun 2020.
Charges
A charge with Canara Bank amounted to Rs. 5.00 Lakh with Charge ID 100253358 was registered on 20 Mar 2019.
Charges
A charge with Canara Bank amounted to Rs. 35.00 Lakh with Charge ID 100232681 was registered on 26 Oct 2018.
Charges
A charge with Others amounted to Rs. 11.90 Lakh with Charge ID 100177903 was registered on 12 Jan 2018.
Ceased
Racheet Kumar Jain ceased to be Director.
Ceased
Umang Sonthalia ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 29.50 Lakh with Charge ID 100077499 was registered on 18 Feb 2017.
Appointed
Vansh Jain was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Ontrack Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online rental platforms, within the e-commerce industry. It was incorporated on 23 February 2016 (10+ years old) and is registered under CIN U74900KA2016PTC086423.
Ontrack Technologies has 2 current directors:
- Vansh Jain - Director
- Harshit Sonthalia - Director
The latest financial statements of Ontrack Technologies 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 FY 2016 are in the company report.
The GSTIN of Ontrack Technologies is 29AACCO2800M2ZC, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 35AACCO2800M1ZK (Andaman and Nicobar Islands).
The CIN (Corporate Identification Number) of Ontrack Technologies is U74900KA2016PTC086423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ontrack Technologies has 10 court cases on record: 10 filed against it. 2 are pending. Most are in the district courts.
Ontrack Technologies was incorporated on 23 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Ontrack Technologies has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹65 Lakh; the latest was in February 2018.
Racheet Kumar Jain ceased to be Director on 19 Oct 2017. Umang Sonthalia ceased to be Director on 18 Oct 2017. Vansh Jain was appointed as Director on 22 Aug 2016. Ontrack Technologies has 4 board changes on record in total.
Yes, Ontrack Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0075531).
Ontrack Technologies has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 25 Apr 2024.