MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0042130
Ortem Credit Pvt.Ltd.
Ortem Credit Pvt.Ltd. - real estate and construction in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.47 Cr
▼ 74% YoY
Net profit · FY 2024
₹1.21 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹57.68 Lakh
EBITDA margin 39.4%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Open charges
₹2.01 Cr
Satisfied ₹1.25 Cr
Company age
31 yrs
Est. 1995
Directors on board
2
As per MCA filings
About Ortem Credit Pvt.Ltd.
Data last updated:
Ortem Credit Pvt.Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70100WB1995PTC071189. Its GSTIN is 19AAACO3167F1ZH (West Bengal).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors Bharat Kumar Bagla and Ashutosh Bagla.
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 Agarwal House 2nd Floor 2st. Georges Gate Road Hastings, Kolkata, West Bengal, India – 700022.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.47 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Lakh (net margin 0.8%) and EBITDA of ₹57.68 Lakh (EBITDA margin 39.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹2.01 Cr and satisfied charges of ₹1.25 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company and 1 filed against it.
Ortem Credit Pvt.Ltd. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0042130). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70100WB1995PTC071189
Registration Number 071189
Incorporation Date 25 April 1995
ROC Kolkata
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-WB-10-0042130
CIN history
Ortem Credit has one previous CIN (Corporate Identification Number): U65921WB1995PTC071189. The current CIN is U70100WB1995PTC071189, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100WB1995PTC071189 | Current |
| U65921WB1995PTC071189 | Previous |
Recognitions & Rankings of Ortem Credit
Contact details
Ortem Credit Pvt.Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAgarwal House 2nd Floor 2st. Georges Gate Road Hastings, Kolkata, West Bengal, India – 700022
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ortem Credit Pvt.Ltd., buy the company report.
Comprehensive company report
Ortem Credit Pvt.Ltd. - 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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Business activity
The main business activity of Ortem Credit is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Ortem Credit Pvt.Ltd., buy the company report.
Financials of Ortem Credit Pvt.Ltd.
FY 2024 filings availableOrtem Credit Pvt.Ltd. reported revenue of ₹1.47 Cr (down 74% YoY) for FY 2024.
Revenue · FY 2024
₹1.47 Cr ▼ 74%
Net profit · FY 2024
₹1.21 Lakh margin 0.8%
EBITDA · FY 2024
₹57.68 Lakh margin 39.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 74%
3 years · compounded
▲ 14%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 8%
5 years · compounded
▼ 1%
Revenue fell 74% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹57.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.21 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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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 | 39.4% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Ortem Credit Pvt.Ltd., buy the company report.
Board of directors of Ortem Credit Pvt.Ltd.
Ortem Credit has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Kumar Bagla Also directs: Bagla Exports LLP | Director | 22 Aug 2005 | 21 Years 2 Months | Current |
| Ashutosh Bagla | Director | 19 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Ortem Credit Pvt.Ltd. is audited by SETHIA & SETHIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SETHIA & SETHIA | FY 2023 | 313140E |
Shareholding
The shareholding of Ortem Credit Pvt.Ltd. 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ortem Credit Pvt.Ltd., buy the company report.
Charges & borrowings
Open charges
₹2.01 Cr
Satisfied charges
₹1.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2024 | 100973068 | Indian Bank | ₹1.84 Cr | Open | |
| 03 Feb 2020 | 100326198 | Vijaya Bank | ₹16.5 Lakh | Open | |
| 10 Jun 2010 | 10231901 | Allahabad Bank | ₹1.25 Cr | Satisfied |
To see the full charge records of Ortem Credit Pvt.Ltd., buy the company report.
Total charge records: 3 View all charges
Legal cases
Ortem Credit Pvt.Ltd. has 2 court cases on record: 2 filed by Ortem Credit, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
2
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (3 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Ortem Credit Pvt Ltd and 1 other | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Ortem Credit Pvt Ltd and 2 others | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Ortem Credit Pvt.Ltd., 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 Ortem Credit Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ortem Credit has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACO3167F1ZH | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ortem Credit Pvt.Ltd., buy the company report.
Recent activity
Ortem Credit Pvt.Ltd. has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Avadhesh Bagla ceased to be Director on 10 Mar 2018.
AGM
Ortem Credit Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Indian Bank amounted to Rs. 1.84 Cr with Charge ID 100973068 was registered on 08 Aug 2024.
Filing
Ortem Credit Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge registered on 10 Jun 2010 via Charge ID 10231901 with Allahabad Bank was fully satisfied on 03 Mar 2020.
Charges
A charge with Vijaya Bank amounted to Rs. 0.17 Cr with Charge ID 100326198 was registered on 03 Feb 2020.
Ceased
Avadhesh Bagla ceased to be Director.
Ceased
Sandhya Bagla ceased to be Director.
Ceased
Ashutosh Bagla ceased to be Additional Director.
Appointed
Ashutosh Bagla was appointed as Director.
Charges
A charge with Allahabad Bank amounted to Rs. 1.25 Cr with Charge ID 10231901 was registered on 10 Jun 2010.
Appointed
Bharat Kumar Bagla was appointed as Director.
Incorporation
25 Apr 1995
Ortem Credit Pvt.Ltd. was registered on 25 Apr 1995 with Roc Kolkata & aged 31 years 6 months as per MCA records.
Frequently asked questions
Ortem Credit is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 April 1995 (31+ years old) and is registered under CIN U70100WB1995PTC071189.
Ortem Credit has 2 current directors:
- Bharat Kumar Bagla - Director
- Ashutosh Bagla - Director
The latest financial statements of Ortem Credit 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.
The GSTIN of Ortem Credit is 19AAACO3167F1ZH, registered in West Bengal.
The CIN (Corporate Identification Number) of Ortem Credit is U70100WB1995PTC071189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ortem Credit has 2 court cases on record: 2 filed by the company and 1 filed against it.
Ortem Credit was incorporated on 25 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Avadhesh Bagla ceased to be Director on 10 Mar 2018. Sandhya Bagla ceased to be Director on 28 Dec 2016. Ashutosh Bagla ceased to be Additional Director on 30 Sep 2015. Ortem Credit has 5 board changes on record in total.
Yes, Ortem Credit is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0042130).
The registered office of Ortem Credit is at Agarwal House 2nd Floor 2st. Georges Gate Road Hastings, Kolkata, West Bengal, India – 700022.
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