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Otaf Overseas Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹42.1 Lakh
▲ 64331% YoY
Net loss · FY 2019
₹87.44 Lakh
Net margin -207.7%
EBITDA · FY 2019
-₹86.85 Lakh
EBITDA margin -206.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered
About Otaf Overseas Private Limited
Data last updated:
Otaf Overseas Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 22 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93090GJ2017PTC095911. Its GSTIN is 24AAYCS1930L1ZU (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Labouradda Online Private Limited and Otaf Online Private Limited. It is led by directors including Siddharth Asthana and Vibhuti Mohan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 4th Floor 343 – 12 Agrawal Complex Narangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2019, the company reported a revenue of ₹42.1 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹87.44 Lakh (net margin -207.7%) and EBITDA of -₹86.85 Lakh (EBITDA margin -206.3%).
The company is associated with 2 brands: Otaf Overseas and Labouradda. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website otafoverseas.com.
Company details
CIN U93090GJ2017PTC095911
Registration Number 095911
Incorporation Date 22 February 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Name history
Otaf Overseas has undergone 6 name changes throughout its history. The current legal name is Otaf Overseas Private Limited.
| Company Name | Status |
|---|---|
| Otaf Overseas Private Limited | Current |
| Labouradda Online Private Limited | Previous |
| Otaf Online Private Limited | Previous |
| Technity Online Private Limited | Previous |
| Sid (Shramik Indo Duty) Phones Private Limited | Previous |
| Techno Otaf Private Limited | Previous |
| Otaf International Private Limited | Previous |
Recognitions & Rankings of Otaf Overseas
Contact details
Otaf Overseas Private Limited's registered office is in Ahmedabad, Gujarat. Its website is otafoverseas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor 343 – 12 Agrawal Complex Narangpura, Ahmedabad, Gujarat, India – 380009
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Otaf Overseas Private Limited, buy the company report.
Comprehensive company report
Otaf Overseas 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
Otaf Overseas operates two associated brands: Otaf Overseas and Labouradda. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive networking, security, and storage solutions. | otafoverseas.com | |
| An online platform connecting blue-collar workers with job opportunities. | labouradda.net |
Business activity
The main business activity of Otaf Overseas is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Otaf Overseas Private Limited, buy the company report.
Financials of Otaf Overseas Private Limited
FY 2021 filings availableOtaf Overseas Private Limited reported revenue of ₹42.1 Lakh (up 64331% YoY) for FY 2019.
Revenue · FY 2019
₹42.1 Lakh ▲ 64331%
Net loss · FY 2019
₹87.44 Lakh margin -207.7%
EBITDA · FY 2019
-₹86.85 Lakh margin -206.3%
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹42.1 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹86.85 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹87.44 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 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -206.3% | ||
| Net Profit Margin | -207.7% | ||
| 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 Otaf Overseas Private Limited, buy the company report.
Board of directors of Otaf Overseas Private Limited
Otaf Overseas has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Asthana | Director | 22 Feb 2017 | 9 Years 8 Months | Current |
| Vibhuti Mohan Also directs: Unpredictable Solutions Private Limited | Director | 06 Feb 2018 | 8 Years 8 Months | Current |
| Indu Bhushan Asthana | Director | 22 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Otaf Overseas Private Limited is audited by SANDEEP AGARWAL & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP AGARWAL & COMPANY | FY 2019 | 017786C |
Shareholding
The shareholding of Otaf Overseas Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Otaf Overseas Private Limited, buy the company report.
Legal cases
Otaf Overseas Private Limited has 8 court cases on record: 4 filed by Otaf Overseas, 4 filed against it. 3 cases are pending and 5 are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mathura, Uttar Pradesh | Criminal case | Filed against the company by M/S Payal Wala by Partner Usha Agrawal | Pending |
| District court, Mathura, Uttar Pradesh | Criminal case | Filed against the company by M/S Payal Wala by Partner Smt Usha Agrawal | Pending |
| District court, Agra, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by M/S Pagoriya Sales Private Limited | Pending |
| Allahabad High Court | Court case (NA529) | Filed against the company | Disposed |
| District court, Agra, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against Up State and Another | Disposed |
To see the full case history of Otaf Overseas 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 Otaf Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Otaf Overseas has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAYCS1930L1ZU | Gujarat | Active | 26 Oct 2017 |
| 09AAYCS1930L1ZM | Uttar Pradesh | Active | 14 Jan 2018 |
To see the full GST registrations and return filing status of Otaf Overseas Private Limited, buy the company report.
Recent activity
Otaf Overseas Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Vibhuti Mohan ceased to be Director on 22 Jul 2019.
AGM
Otaf Overseas Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Otaf Overseas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
Ceased
Vibhuti Mohan ceased to be Director.
Appointed
Vibhuti Mohan was appointed as Director.
Appointed
Indu Bhushan Asthana was appointed as Director.
Appointed
Siddharth Asthana was appointed as Director.
Incorporation
22 Feb 2017
Otaf Overseas Private Limited was registered on 22 Feb 2017 with Roc Ahmedabad & aged 9 years 7 months as per MCA records.
Frequently asked questions
Otaf Overseas is an active private limited company based in Ahmedabad, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 22 February 2017 (9+ years old) and is registered under CIN U93090GJ2017PTC095911.
Otaf Overseas has 3 current directors:
- Siddharth Asthana - Director
- Vibhuti Mohan - Director
- Indu Bhushan Asthana - Director
The latest financial statements of Otaf Overseas on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Otaf Overseas is 24AAYCS1930L1ZU, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAYCS1930L1ZM (Uttar Pradesh).
The CIN (Corporate Identification Number) of Otaf Overseas is U93090GJ2017PTC095911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Otaf Overseas has 8 court cases on record: 4 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Otaf Overseas was incorporated on 22 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vibhuti Mohan ceased to be Director on 22 Jul 2019. Vibhuti Mohan was appointed as Director on 06 Feb 2018. Indu Bhushan Asthana was appointed as Director on 22 Feb 2017. Otaf Overseas has 4 board changes on record in total.
Yes, Otaf Overseas is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Otaf Overseas can be reached through the website otafoverseas.com. Its registered office is in Ahmedabad, Gujarat, India.