MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0099728
Ovi Engineers Private Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹119.47 Cr
▲ 77% YoY
Net profit · FY 2025
₹2.3 Cr
Net margin 1.9%
EBITDA · FY 2025
₹4.16 Cr
EBITDA margin 3.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.18 Cr
Issued & subscribed
Open charges
₹15 Cr
Satisfied ₹20.12 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
117
Provident fund records
About Ovi Engineers Private Limited
Data last updated:
Ovi Engineers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 14 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31200PN2007PTC130314. Its GSTIN is 27AAACO9323K1Z7 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.18 Cr. It is led by directors including Ovi Shrinivas Deshingkar and Rashmi Shrinivas Deshingkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surve No. 253 Plot No.4 Tirumala Idustrial Estate Hinjwadi, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2025, the company reported a revenue of ₹119.47 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹2.3 Cr (net margin 1.9%) and EBITDA of ₹4.16 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 41% over five years.
The company has about 117 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ovi Engineers. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹20.12 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 3 cases are pending.
Ovi Engineers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0099728). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oviengineers.com.
Company details
CIN U31200PN2007PTC130314
Registration Number 130314
Incorporation Date 14 June 2007
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0099728
Key People
Ovi Shrinivas Deshingkar Director Rashmi Shrinivas Deshingkar Director Swapnil Gopalrao Deshingkar Additional Director Recognitions & Rankings of Ovi Engineers
Contact details
Ovi Engineers Private Limited's registered office is in Pune, Maharashtra. Its website is oviengineers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurve No. 253 Plot No.4 Tirumala Idustrial Estate Hinjwadi, Pune, Maharashtra, India – 411057
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Ovi Engineers Private Limited, buy the company report.
Comprehensive company report
Ovi Engineers 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
Ovi Engineers operates one associated brand: Ovi Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electrical LT panels and related systems in Pune. | oviengineers.com |
Business activity
The main business activities of Ovi Engineers are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ovi Engineers Private Limited, buy the company report.
Financials of Ovi Engineers Private Limited
FY 2025 filings availableOvi Engineers Private Limited reported revenue of ₹119.47 Cr (up 77% YoY) for FY 2025.
Revenue · FY 2025
₹119.47 Cr ▲ 77%
Net profit · FY 2025
₹2.3 Cr margin 1.9%
EBITDA · FY 2025
₹4.16 Cr margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 55%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 20%
5 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 77% growth in the latest year. EBITDA rose 3% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹4.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.3 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ovi Engineers Private Limited, buy the company report.
Board of directors of Ovi Engineers Private Limited
Ovi Engineers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ovi Shrinivas Deshingkar Also directs: Vidata Powertech Limited, Shreetech Data Limited, Shree Vajrakawach Limited and 1 more | Director | 07 Sep 2024 | 2 Years 1 Months | Current |
| Rashmi Shrinivas Deshingkar Also directs: Rashmi Shrinivas Deshingkar LLP, Vidata Powertech Limited, Shreetech Data Limited and 2 more | Director | 14 Jun 2007 | 19 Years 4 Months | Current |
| Swapnil Gopalrao Deshingkar | Additional Director | 25 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Ovi Engineers Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indcoil Transformers Private Limited | ₹120.73 Cr (FY 2025) | 51.0% | Thane, Maharashtra, India | |||
| Kanyaka Parameshwari Engineering Private Ltd | ₹120.39 Cr (FY 2024) | 33.0% | Hyderabad, Telangana, India | |||
| Efacec India Private Limited | ₹120.05 Cr (FY 2025) | 573.0% | Nashik, Maharashtra, India | |||
| Ovi Engineers Private Limitedthis company | ₹119.47 Cr (FY 2025) | ₹2.3 Cr | 1.9% | 77.0% | 117 | Pune, Maharashtra, India |
| Rhine Jaybee Power Private Limited | ₹118.88 Cr (FY 2025) | 84.0% | Delhi, India | |||
| Coils & Transformer India Private Limited | ₹118.23 Cr (FY 2025) | 65.0% | New Delhi, Delhi, India | |||
| Vidyut Transformers Private Limited | ₹117.4 Cr (FY 2024) | 41.0% | Adipur, Gujarat, India |
To see the full peer comparison of Ovi Engineers Private Limited, buy the company report.
Auditor
Ovi Engineers Private Limited is audited by ABM & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABM & ASSOCIATES LLP | FY 2023 | 105016W/W-100015 |
Shareholding
The shareholding of Ovi Engineers Private Limited 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 Ovi Engineers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Cr
Satisfied charges
₹20.12 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2023 | 100682981 | State Bank of India | ₹15 Cr | Satisfied | |
| 20 Mar 2021 | 100432784 | Others | ₹12 Lakh | Satisfied | |
| 19 Mar 2020 | 100337367 | Others | ₹11.55 Lakh | Satisfied | |
| 05 Oct 2017 | 100144372 | Others | ₹45.81 Lakh | Satisfied | |
| 25 Jul 2017 | 100121362 | Others | ₹91.41 Lakh | Satisfied |
To see the full charge records of Ovi Engineers Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Ovi Engineers Private Limited has 7 court cases on record: 4 filed by Ovi Engineers, 3 filed against it. 3 cases are pending and 4 are disposed.
Total cases
7
Filed by the company
4
Filed against the company
3
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Dandare Infra Projects Private Limited | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Kirloskar Oil Engines Ltd Through Lalit Devendra Soman | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Dandare Infra Projects Private Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Afibar India Private Ltd and 3 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Paridhi Kabra Sole Proprietor of Jai Durga Trading Company | Disposed |
To see the full case history of Ovi Engineers 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
Ovi Engineers Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 8 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 |
|---|---|---|---|
| Spectra Electricals Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Protech Engineering and Controls Private Limited |
To see the full MSME payment records of Ovi Engineers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ovi Engineers Private Limited has a workforce of 117 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
117
Active EPFO establishments
1
Employee growth
216.22%
GST
Ovi Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO9323K1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ovi Engineers Private Limited, buy the company report.
Recent activity
Ovi Engineers Private Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Swapnil Gopalrao Deshingkar was appointed as Additional Director on 25 Apr 2025.
AGM
Ovi Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 24 Feb 2023 via Charge ID 100682981 with State Bank Of India was fully satisfied on 26 Sep 2025.
Appointed
Swapnil Gopalrao Deshingkar was appointed as Additional Director.
Filing
Ovi Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Ovi Shrinivas Deshingkar ceased to be Additional Director.
Appointed
Ovi Shrinivas Deshingkar was appointed as Director.
Charges
A charge registered on 23 Jun 2008 via Charge ID 10111581 with Others was fully satisfied on 18 May 2023.
Charges
A charge with State Bank Of India amounted to Rs. 15.00 Cr with Charge ID 100682981 was registered on 24 Feb 2023.
Charges
A charge registered on 20 Mar 2021 via Charge ID 100432784 with Others was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 19 Mar 2020 via Charge ID 100337367 with Others was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 25 Jul 2017 via Charge ID 100121362 with Others was fully satisfied on 25 Feb 2022.
Charges
A charge registered on 05 Oct 2017 via Charge ID 100144372 with Others was fully satisfied on 07 Feb 2022.
14 earlier events are in the company report.
Frequently asked questions
Ovi Engineers is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 14 June 2007 (19+ years old) and is registered under CIN U31200PN2007PTC130314.
Ovi Engineers has 3 current directors:
- Ovi Shrinivas Deshingkar - Director
- Rashmi Shrinivas Deshingkar - Director
- Swapnil Gopalrao Deshingkar - Additional Director
The latest financial statements of Ovi Engineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ovi Engineers is 27AAACO9323K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ovi Engineers is U31200PN2007PTC130314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ovi Engineers has 7 court cases on record: 4 filed by the company and 3 filed against it. 3 are pending.
Ovi Engineers was incorporated on 14 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ovi Engineers by revenue are Indcoil Transformers Private Limited, Kanyaka Parameshwari Engineering Private Ltd, Efacec India Private Limited, Rhine Jaybee Power Private Limited, Coils & Transformer India Private Limited and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Swapnil Gopalrao Deshingkar was appointed as Additional Director on 25 Apr 2025. Ovi Shrinivas Deshingkar ceased to be Additional Director on 29 Sep 2024. Ovi Shrinivas Deshingkar was appointed as Director on 07 Sep 2024. Ovi Engineers has 8 board changes on record in total.
Yes, Ovi Engineers is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0099728).
Ovi Engineers has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 8 overdue payments to 4 micro and small suppliers. The latest return was filed on 28 Oct 2019.
Ovi Engineers can be reached through the website oviengineers.com. Its registered office is in Pune, Maharashtra, India.