Orbit Properties Private Limited
About Orbit Properties Private Limited
Data last updated:
Orbit Properties Private Limited was a private limited company based in New Delhi, Delhi, India. 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 brokerage and services segment of the real estate and construction sector. It was incorporated on 25 April 1991.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL1991PTC044081.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.04 Lakh. It was led by directors including Aruna Narang and Harish Chander Kawatra.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 28 Gulmohar Enclave, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.48 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹34,526 (net margin 23.4%) and EBITDA of ₹52,028 (EBITDA margin 35.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Company details
CIN history
Orbit Properties has one previous CIN (Corporate Identification Number): U70101DL1995PTC044081. The current CIN is U70101DL1991PTC044081, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101DL1991PTC044081 | Current |
| U70101DL1995PTC044081 | Previous |
Contact details
Orbit Properties Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address28 Gulmohar Enclave, New Delhi, Delhi, India – 110049
- IndustryReal Estate and Construction, Real Estate Brokerage & Services
To see the full contact details of Orbit Properties 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 Orbit Properties is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Orbit Properties Private Limited, buy the company report.
Financials of Orbit Properties Private Limited
FY 2019 filings availableOrbit Properties Private Limited reported revenue of ₹1.48 Lakh (up 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 7% growth in the latest year. EBITDA rose 25% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹52,028 | ||||
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| Net Profit (PAT) | ₹34,526 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.3% | ||||
| Net Profit Margin | 23.4% | ||||
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To see the full financial statements and ratios of Orbit Properties Private Limited, buy the company report.
Board of directors of Orbit Properties Private Limited
Orbit Properties has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aruna Narang | Director | 26 Jun 2010 | 16 Years 3 Months | As last reported |
| Harish Chander Kawatra Also directs: Nce Technologies(India) LLP, Lotus Fincorp Limited | Director | 28 Jul 1995 | 31 Years 2 Months | As last reported |
| Arun Sehgal | Director | 01 Jan 2001 | 25 Years 9 Months | As last reported |
Auditor
Orbit Properties Private Limited is audited by YOGI ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YOGI ASSOCIATES | FY 2017 | 503521 |
Shareholding
The shareholding of Orbit Properties 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 Orbit Properties Private Limited, buy the company report.
Legal cases
Orbit Properties Private Limited has 2 court cases on record: 1 filed by Orbit Properties, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1005-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Appeals under Section 55 of the MRTP Act, 1969) | Filed against the company by Malibu Estate (P) Ltd. | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against State of West Bengal and Ors. | Pending |
To see the full case history of Orbit Properties 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 Orbit Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Orbit Properties has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Orbit Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Orbit Properties Private Limited has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Abhishek Narang ceased to be Director on 12 Jun 2019.
Frequently asked questions
Orbit Properties 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.
Orbit Properties was a private limited company based in New Delhi, Delhi, India. The company worked in real estate brokerage and services, within the real estate and construction industry. It was incorporated on 25 April 1991 and is registered under CIN U70101DL1991PTC044081. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Orbit Properties was incorporated on 25 April 1991. It is registered with the Registrar of Companies, Delhi.
Orbit Properties had 3 directors:
- Aruna Narang - Director
- Harish Chander Kawatra - Director
- Arun Sehgal - Director
The CIN (Corporate Identification Number) of Orbit Properties is U70101DL1991PTC044081. 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 Orbit Properties is at 28 Gulmohar Enclave, New Delhi, Delhi, India – 110049.
The latest financial statements of Orbit Properties on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Orbit Properties operated in the real estate and construction industry, in the real estate brokerage and services segment.
Orbit Properties has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Abhishek Narang ceased to be Director on 12 Jun 2019. Aruna Narang ceased to be Additional Director on 01 Sep 2010. Aruna Narang was appointed as Director on 26 Jun 2010. Orbit Properties has 5 board changes on record in total.