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Overtone Business Solutions Private Limited - financial services in Zirakpur, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹91.73 Cr
▼ 34% YoY
Net profit · FY 2023
₹54,117
Net margin 0%
EBITDA · FY 2023
₹6.9 Lakh
EBITDA margin 0.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered
About Overtone Business Solutions Private Limited
Data last updated:
Overtone Business Solutions Private Limited is a private limited company based in Zirakpur, Punjab, India, recognised as a startup by DPIIT. It operates in the prepaid card services segment of the financial services sector. It was incorporated on 09 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999PB2018PTC048231. Its GSTIN is 03AACCO7590C2ZM (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jaspreet Kaur and Manpreet Singh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Zirakpur, Punjab.
As per the financials filed for FY 2023, the company reported a revenue of ₹91.73 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹54,117 (net margin 0%) and EBITDA of ₹6.9 Lakh (EBITDA margin 0.1%).
The company is associated with 1 brand: Overtone Business Solutions.
Overtone Business Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-17-0011497). For more details, the company can be reached via its website obs.org.in.
Company details
CIN U74999PB2018PTC048231
Registration Number 048231
Incorporation Date 09 August 2018
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-PB-17-0011497
Recognitions & Rankings of Overtone Business Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-17-0011497
Contact details
Overtone Business Solutions Private Limited's registered office is in Zirakpur, Punjab. Its website is obs.org.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No.25 5rd Floor The Hermitage Palaza Dhakoli Teh Dera Ba, Ssi, Zirakpur, Punjab, India – 140603
- IndustryFinancial Services, Prepaid Card Services
To see the full contact details of Overtone Business Solutions Private Limited, buy the company report.
Comprehensive company report
Overtone Business Solutions 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
Overtone Business Solutions operates one associated brand: OVERTONE BUSINESS SOLUTIONS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides PHP extension checks and installation guidelines for web apps. | obs.org.in |
Business activity
The main business activity of Overtone Business Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Overtone Business Solutions Private Limited, buy the company report.
Financials of Overtone Business Solutions Private Limited
FY 2023 filings availableOvertone Business Solutions Private Limited reported revenue of ₹91.73 Cr (down 34% YoY) for FY 2023.
Revenue · FY 2023
₹91.73 Cr ▼ 34%
Net profit · FY 2023
₹54,117 margin 0%
EBITDA · FY 2023
₹6.9 Lakh margin 0.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 34%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 378%
Revenue fell 34% in the latest year. EBITDA rose 47% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹91.73 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54,117 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0% | ||||
| 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 Overtone Business Solutions Private Limited, buy the company report.
Board of directors of Overtone Business Solutions Private Limited
Overtone Business Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaspreet Kaur Also directs: Eaaz Rider Private Limited, Helping Network Foundation | Director | 25 May 2019 | 7 Years 5 Months | Current |
| Manpreet Singh Also directs: Eaaz Rider Private Limited, Helping Network Foundation | Director | 11 Nov 2022 | 3 Years 11 Months | Current |
| Ajay Kumar | Director | 09 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Overtone Business Solutions Private Limited is audited by VIKAS GARG AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIKAS GARG AND ASSOCIATES | FY 2023 | 014283N |
Shareholding
The shareholding of Overtone Business Solutions Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Overtone Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Overtone Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Overtone Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Overtone Business Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCO7590C2ZM | Punjab | Active | 28 Apr 2020 |
To see the full GST registrations and return filing status of Overtone Business Solutions Private Limited, buy the company report.
Recent activity
Overtone Business Solutions Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Amandeep Kaur ceased to be Director on 11 Nov 2022.
AGM
Overtone Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Overtone Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
Ceased
Amandeep Kaur ceased to be Director.
Appointed
Manpreet Singh was appointed as Director.
Appointed
Jaspreet Kaur was appointed as Director.
Ceased
Renu Singla ceased to be Director.
Appointed
Ajay Kumar was appointed as Director.
Incorporation
09 Aug 2018
Overtone Business Solutions Private Limited was registered on 09 Aug 2018 with Roc Chandigarh & aged 8 years 2 months as per MCA records.
Frequently asked questions
Overtone Business Solutions is an active private limited company based in Zirakpur, Punjab, India. The company works in prepaid card services, within the financial services industry. It was incorporated on 09 August 2018 (8+ years old) and is registered under CIN U74999PB2018PTC048231.
Overtone Business Solutions has 3 current directors:
- Jaspreet Kaur - Director
- Manpreet Singh - Director
- Ajay Kumar - Director
The latest financial statements of Overtone Business Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Overtone Business Solutions is 03AACCO7590C2ZM, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Overtone Business Solutions is U74999PB2018PTC048231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Overtone Business Solutions was incorporated on 09 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.
Amandeep Kaur ceased to be Director on 11 Nov 2022. Manpreet Singh was appointed as Director on 11 Nov 2022. Jaspreet Kaur was appointed as Director on 25 May 2019. Overtone Business Solutions has 5 board changes on record in total.
Yes, Overtone Business Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Overtone Business Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-17-0011497).
Overtone Business Solutions can be reached through the website obs.org.in. Its registered office is in Zirakpur, Punjab, India.
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