- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-05-0054878

About Otipy Internet Private Limited
Data last updated:
Otipy Internet Private Limited is a private limited company based in Delhi, India, a subsidiary of Crofarm Agriproducts Private Limited. It operates in the online grocery platforms segment of the e-commerce sector. It was incorporated on 11 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U01409DL2020PTC373082. Its GSTIN is 06AADCO3171A1ZZ (Haryana). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Himanshu Kumar and Varun Khurana.
Its last annual general meeting (AGM) was held on 05 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No. – A 31 3rd Floor Seema Apartments Plot No.7 Sector – 11 Dwarka, Delhi, India – 110075.
As per the financials filed for FY 2024, the company reported a revenue of ₹160.07 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹51.94 Cr (net margin -32.4%) and EBITDA of -₹49.93 Cr (EBITDA margin -31.2%). Revenue has grown at a compounded annual rate (CAGR) of 312% over three years.
The company has about 119 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Otipy. Court records list 18 cases involving the company, including 6 filed by the company and 12 filed against it; 13 cases are pending.
Otipy Internet Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0054878). For more details, the company can be reached via its website otipy.com.
Company details
Recognitions & Rankings of Otipy Internet
Contact details
Otipy Internet Private Limited's registered office is in Delhi, Delhi. Its website is otipy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressFlat No. – A 31 3rd Floor Seema Apartments Plot No.7 Sector – 11 Dwarka, Delhi, India – 110075
- IndustryE-Commerce, Online Grocery Platforms
To see the full contact details of Otipy Internet 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 Otipy Internet is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Otipy Internet Private Limited, buy the company report.
Financials of Otipy Internet Private Limited
FY 2024 filings availableOtipy Internet Private Limited reported revenue of ₹160.07 Cr (up 67% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 312% over three years, including 67% growth in the latest year. EBITDA rose 30% 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 |
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| EBITDA | -₹49.93 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹51.94 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -31.2% | |||
| Net Profit Margin | -32.4% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Otipy Internet Private Limited, buy the company report.
Board of directors of Otipy Internet Private Limited
Otipy Internet has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Kumar | Director | 11 Nov 2020 | 5 Years 11 Months | Current |
| Varun Khurana | Director | 11 Nov 2020 | 5 Years 11 Months | Current |
Auditor
Otipy Internet Private Limited is audited by S.R. BATLIBOI & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & ASSOCIATES LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Otipy Internet Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Otipy Internet Private Limited, buy the company report.
Legal cases
Otipy Internet Private Limited has 18 court cases on record: 6 filed by Otipy Internet, 12 filed against it. 13 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 11 |
| NCLAT | 4 | 0 | 0 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Antize Foods Pvt Ltd | Pending |
| District court, North, Delhi | Civil suit | Filed against the company by M/S Life Style Foods Pvt. Ltd. | Pending |
| District court, Faridabad, Haryana | Civil suit | Filed against the company by Aman Poly Plast Private Limited | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by Orbisis Food Pvt Ltd Through Its Propreitor Krishna Goyal | Pending |
| High Court | Criminal miscellaneous application | Filed by the company against M/S Shambhu Technology Services Pvt. Ltd., and 1 other | Pending |
To see the full case history of Otipy Internet 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
Otipy Internet Private Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 10 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Happy Square Outsourcing Services Limited | |||
| Iguana Motion Pictures | |||
| Outlier Innovations Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Otipy Internet Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Otipy Internet Private Limited has a workforce of 119 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Otipy Internet has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCO3171A1ZZ | Haryana | Active | 23 Jan 2021 |
| 09AADCO3171A1ZT | Uttar Pradesh | Active | 10 Dec 2021 |
| 27AADCO3171A1ZV | Maharashtra | Active | 25 May 2022 |
To see the full GST registrations and return filing status of Otipy Internet Private Limited, buy the company report.
Recent activity
Otipy Internet Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Himanshu Kumar was appointed as Director on 11 Nov 2020.
News
Frequently asked questions
Otipy Internet is an active private limited company based in Delhi, India. The company works in online grocery platforms, within the e-commerce industry. It was incorporated on 11 November 2020 (6+ years old) and is registered under CIN U01409DL2020PTC373082.
Otipy Internet has 2 current directors:
- Himanshu Kumar - Director
- Varun Khurana - Director
The latest financial statements of Otipy Internet on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 December 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Otipy Internet is 06AADCO3171A1ZZ, registered in Haryana. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09AADCO3171A1ZT (Uttar Pradesh), 27AADCO3171A1ZV (Maharashtra).
The CIN (Corporate Identification Number) of Otipy Internet is U01409DL2020PTC373082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Otipy Internet has 18 court cases on record: 6 filed by the company and 12 filed against it. 13 are pending. Most are in the district courts.
Otipy Internet was incorporated on 11 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Himanshu Kumar was appointed as Director on 11 Nov 2020. Varun Khurana was appointed as Director on 11 Nov 2020.
Yes, Otipy Internet is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0054878).
Otipy Internet has 4 MSME Form 1 returns on record between 2023 and 2024, listing 10 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Otipy Internet can be reached through the website otipy.com. Its registered office is in Delhi, India.