About Orasi Technology (India ) Private Limited
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Orasi Technology (India ) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 11 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2002PTC135137. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Asit Vasant Shah and Umesh Taradutt Joshi.
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 Pg/17 Ground Floor Rotunda Building Bombay Stock Exchange Mumbai Samachar Ma, Rg Fort, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.03 Lakh. For the same year it recorded a net profit of ₹19.03 Lakh (net margin 100%) and EBITDA of ₹19.03 Lakh (EBITDA margin 100%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 625% over five years.
As per MCA filings, the company has open charges of ₹15 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website orasitech.com.
Company details
Contact details
Orasi Technology (India ) Private Limited's registered office is in Mumbai, Maharashtra. Its website is orasitech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPg/17 Ground Floor Rotunda Building Bombay Stock Exchange Mumbai Samachar Ma, Rg Fort, Maharashtra, India – 400023
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Orasi Technology (India ) 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 Orasi Technology (India ) is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
Financials of Orasi Technology (India ) Private Limited
FY 2024 filings availableOrasi Technology (India ) Private Limited reported revenue of ₹19.03 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 625% over five years. 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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| EBITDA | ₹19.03 Lakh | ||||
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| Net Profit (PAT) | ₹19.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | 100% | ||||
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To see the full financial statements and ratios of Orasi Technology (India ) Private Limited, buy the company report.
Board of directors of Orasi Technology (India ) Private Limited
Orasi Technology (India ) has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asit Vasant Shah Also directs: Orasi Media Offshore Private Limited, Orasi Digital Media Private Limited, Oceanica Yachts Private Limited and 3 more | Director | 18 Aug 2004 | 22 Years 2 Months | Current |
| Umesh Taradutt Joshi | Director | 24 May 2007 | 19 Years 5 Months | Current |
| Rasmin Jaswantilal Shah Also directs: VVL Securities Private Limited | Director | 24 May 2007 | 19 Years 5 Months | Current |
Peer comparison
Orasi Technology (India ) Private Limited is compared with the 4 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orasi Technology (India ) Private Limitedthis company | ₹19.03 Lakh (FY 2025) | ₹19.03 Lakh | 100% | Mumbai, Maharashtra, India | ||
| Upquarx Technology Private Limited | ₹19.02 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Codingera Software (OPC) Private Limited | ₹19.02 Lakh (FY 2025) | 25.0% | Solapur, Maharashtra, India | |||
| Xtra Soft Technologies Private Limited | ₹19.02 Lakh (FY 2025) | -21.0% | Faridabad, Haryana, India | |||
| Accotech Solutions Private Limited | ₹19.01 Lakh (FY 2025) | -4.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Orasi Technology (India ) Private Limited, buy the company report.
Auditor
Orasi Technology (India ) Private Limited is audited by I. O. DHARIA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I. O. DHARIA & CO. | FY 2017 | 102460W |
Shareholding
The shareholding of Orasi Technology (India ) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Orasi Technology (India ) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2005 | 90243794 | ₹15 Lakh | Open |
To see the full charge records of Orasi Technology (India ) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Orasi Technology (India ) Private Limited has 2 court cases on record: 1 filed by Orasi Technology (India ), 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Bank of India Through Officer Mr. Sandeep Bendre | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Gemex Systems Inc. and 1 other | Disposed |
To see the full case history of Orasi Technology (India ) 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
No delayed payments to MSME suppliers are on our record for Orasi Technology (India ) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Orasi Technology (India ) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Orasi Technology (India ) Private Limited, buy the company report.
Recent activity
Orasi Technology (India ) Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Saurabh Pravin Dalal ceased to be Director on 18 Mar 2019.
Frequently asked questions
Orasi Technology (India ) is an active private limited company based in Mumbai, Maharashtra, India. The company works in consultancy, within the information technology industry. It was incorporated on 11 March 2002 (24+ years old) and is registered under CIN U72900MH2002PTC135137.
Orasi Technology (India ) has 3 current directors:
- Asit Vasant Shah - Director
- Umesh Taradutt Joshi - Director
- Rasmin Jaswantilal Shah - Director
The latest financial statements of Orasi Technology (India ) 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.
No. Orasi Technology (India ) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Orasi Technology (India ) is U72900MH2002PTC135137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orasi Technology (India ) has 2 court cases on record: 1 filed by the company and 1 filed against it.
Orasi Technology (India ) was incorporated on 11 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Orasi Technology (India ) by revenue are Upquarx Technology Private Limited, Codingera Software (OPC) Private Limited, Xtra Soft Technologies Private Limited, Accotech Solutions Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Saurabh Pravin Dalal ceased to be Director on 18 Mar 2019. Sudhir Balakrishnan Nair ceased to be Director on 18 Mar 2019. Smitesh Subhashchandra Valanju ceased to be Director on 24 Dec 2008. Orasi Technology (India ) has 6 board changes on record in total.
Orasi Technology (India ) can be reached through the website orasitech.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Orasi Technology (India ) is at Pg17 Ground Floor Rotunda Building Bombay Stock Exchange Mumbai Samachar Ma, Rg Fort, Maharashtra, India – 400023.
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