Otomax Tech-Serve Private Limited
About Otomax Tech-Serve Private Limited
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Otomax Tech-Serve Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 19 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016PTC283855. Its GSTIN is 27AACCO3494M1ZX (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shweta Suryakant Paithankar and Kedar Suryakanth Kadam.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at C/201 Paradise Complex Near Jangid Estate Vijay Park Mira Road (East), Thane, Maharashtra, India – 401107.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.41 Lakh (net margin 3.9%) and EBITDA of ₹9.57 Lakh (EBITDA margin 5.7%).
Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Otomax Tech-Serve Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/201 Paradise Complex Near Jangid Estate Vijay Park Mira Road (East), Thane, Maharashtra, India – 401107
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Otomax Tech-Serve 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 Otomax Tech-Serve is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Otomax Tech-Serve Private Limited, buy the company report.
Financials of Otomax Tech-Serve Private Limited
FY 2020 filings availableOtomax Tech-Serve Private Limited reported revenue of ₹1.66 Cr (up 1003% YoY) for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.66 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.57 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹6.41 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 | 5.7% | ||
| Net Profit Margin | 3.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 Otomax Tech-Serve Private Limited, buy the company report.
Board of directors of Otomax Tech-Serve Private Limited
Otomax Tech-Serve has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Suryakant Paithankar Also directs: Glocal Foodworks Private Limited, Eumsig Foodworks Private Limited, Digiwire Fintech Private Limited and 2 more | Director | 19 Jul 2016 | 10 Years 3 Months | Current |
| Kedar Suryakanth Kadam | Director | 08 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Otomax Tech-Serve Private Limited is audited by G V RADIA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V RADIA & ASSOCIATES | FY 2019 | 138160W |
Shareholding
The shareholding of Otomax Tech-Serve 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 Otomax Tech-Serve Private Limited, buy the company report.
Legal cases
Otomax Tech-Serve Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Revision petition | Filed against the company by Ms Instantpay India Ltd | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Ezetap Mobile Solutions Pvt. Ltd. Through Mr. G. Venkatarman | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Ezetap Mobile Solutions Pvt. Ltd. Through Mr. G. Venkatarman | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Instant Pay India Ltd | Disposed |
To see the full case history of Otomax Tech-Serve 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 Otomax Tech-Serve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Otomax Tech-Serve has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO3494M1ZX | Maharashtra | Active | 29 Jun 2018 |
To see the full GST registrations and return filing status of Otomax Tech-Serve Private Limited, buy the company report.
Recent activity
Otomax Tech-Serve Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Chandrakant Salunkhe Dattu ceased to be Director on 08 Jan 2019.
Frequently asked questions
Otomax Tech-Serve is an active private limited company based in Thane, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 19 July 2016 (10+ years old) and is registered under CIN U72900MH2016PTC283855.
Otomax Tech-Serve has 2 current directors:
- Shweta Suryakant Paithankar - Director
- Kedar Suryakanth Kadam - Director
The latest financial statements of Otomax Tech-Serve on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Otomax Tech-Serve is 27AACCO3494M1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Otomax Tech-Serve is U72900MH2016PTC283855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Otomax Tech-Serve has 4 court cases on record: 4 filed against it. 2 are pending.
Otomax Tech-Serve was incorporated on 19 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Chandrakant Salunkhe Dattu ceased to be Director on 08 Jan 2019. Kedar Suryakanth Kadam was appointed as Director on 08 Jan 2019. Sachin Chandrakant Salunkhe ceased to be Director on 08 Jan 2019. Otomax Tech-Serve has 4 board changes on record in total.
The registered office of Otomax Tech-Serve is at C201 Paradise Complex Near Jangid Estate Vijay Park Mira Road East, Thane, Maharashtra, India – 401107.
Otomax Tech-Serve operates in the information technology industry, in the IT products retail and distribution segment.