About Ovivo India Private Limited
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Ovivo India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Ovivo Inc. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 16 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29100PN2004PTC019397. Its GSTIN is 27AACCG2426P1ZD (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.25 Cr. It was formerly known as Gl&V Process Equipment Services Private Limited and Gl & V Process Equipment Private Limited. It is led by directors including Kalpesh Labhubhai Dankhara (Managing Director) and Marc Barbeau.
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 Gl & V House Plot No 2C S No 162/4A – 5A Off D P Road Aundh, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.99 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹9.17 Cr (net margin 21.3%) and EBITDA of ₹13.6 Cr (EBITDA margin 31.6%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 3% over five years.
The company has about 89 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ovivo. As per MCA filings, the company has open charges of ₹3.93 Lakh and satisfied charges of ₹79.8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ovivowater.com.
Company details
Name history
Ovivo India has undergone 2 name changes throughout its history. The company was previously known as Gl&V Process Equipment Services Private Limited, and Gl & V Process Equipment Private Limited. The current legal name is Ovivo India Private Limited.
| Company Name | Status |
|---|---|
| Ovivo India Private Limited | Current |
| Gl&V Process Equipment Services Private Limited | Previous |
| Gl & V Process Equipment Private Limited | Previous |
CIN history
Ovivo India has one previous CIN (Corporate Identification Number): U72900PN2004PTC019397. The current CIN is U29100PN2004PTC019397, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100PN2004PTC019397 | Current |
| U72900PN2004PTC019397 | Previous |
Contact details
Ovivo India Private Limited's registered office is in Pune, Maharashtra. Its website is ovivowater.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGl & V House Plot No 2C S No 162/4A – 5A Off D P Road Aundh, Pune, Maharashtra, India – 411007
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Ovivo India 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
Brands
Ovivo India operates one associated brand: Ovivo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of wastewater & drinking water treatment systems for multi-industries and municipalities | ovivowater.com |
Business activity
The main business activity of Ovivo India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| 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 |
To see the full business activity and turnover split of Ovivo India Private Limited, buy the company report.
Financials of Ovivo India Private Limited
FY 2025 filings availableOvivo India Private Limited reported revenue of ₹42.99 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 24% 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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| EBITDA | ₹13.6 Cr | ||||
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| Net Profit (PAT) | ₹9.17 Cr | ||||
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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 | 31.6% | ||||
| Net Profit Margin | 21.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ovivo India Private Limited, buy the company report.
Board of directors of Ovivo India Private Limited
Ovivo India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Marc Barbeau | Director | 29 Nov 2014 | 11 Years 11 Months | Current |
| Hiren Kirit Trivedi | Director | 12 May 2011 | 15 Years 5 Months | Current |
| Kalpesh Labhubhai Dankhara | Managing Director | 13 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Ovivo India Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products 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 |
|---|---|---|---|---|---|---|
| Innotronix Labs & Trading Private Limited | ₹43.14 Cr (FY 2025) | 43.0% | Pune, Maharashtra, India | |||
| Ovivo India Private Limitedthis company | ₹42.99 Cr (FY 2025) | ₹9.17 Cr | 21.3% | 32.0% | 89 | Pune, Maharashtra, India |
| Gaytri Industrial Corporation Private Limited | ₹42.93 Cr (FY 2025) | 81.0% | Thane, Maharashtra, India | |||
| Maxima Boilers Pvt Ltd | ₹42.9 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| CKB Preciway Engineering Private Limited | ₹42.89 Cr (FY 2024) | 34.0% | Chennai, Tamil Nadu, India | |||
| Benco Thermal Technologies Private Limited | ₹42.88 Cr (FY 2025) | 98.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Ovivo India Private Limited, buy the company report.
Auditor
Ovivo India Private Limited is audited by B S R & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Associates LLP | FY 2023 | 116231W/W-100024 |
Shareholding
The shareholding of Ovivo India 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ovivo India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2022 | 100559908 | The Hongkong and Shanghai Banking Corporation Limited | ₹3.93 Lakh | Open | |
| 13 Feb 2017 | 100079455 | The Hongkong and Shanghai Banking Corporation Limited | ₹3 Lakh | Satisfied | |
| 23 Jan 2017 | 100074098 | The Hongkong and Shanghai Banking Corporation Limited | ₹46.76 Lakh | Satisfied | |
| 23 Jan 2017 | 100074100 | The Hongkong and Shanghai Banking Corporation Limited | ₹30.03 Lakh | Satisfied |
To see the full charge records of Ovivo India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Ovivo India 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 Ovivo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ovivo India Private Limited has a workforce of 89 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 89 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ovivo India Private Limited, buy the company report.
GST
Ovivo India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG2426P1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ovivo India Private Limited, buy the company report.
Recent activity
Ovivo India Private Limited has 13 board changes on record since 2004: 8 appointments and 5 cessations. The latest: Shirish Kale Vasudeo ceased to be Company Secretary on 06 Aug 2022.
11 earlier events are in the company report.
News
Frequently asked questions
Ovivo India is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 16 June 2004 (22+ years old) and is registered under CIN U29100PN2004PTC019397.
Ovivo India has 3 current directors:
- Kalpesh Labhubhai Dankhara - Managing Director
- Marc Barbeau - Director
- Hiren Kirit Trivedi - Director
The latest financial statements of Ovivo India 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 Ovivo India is 27AACCG2426P1ZD, registered in Maharashtra. 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 Ovivo India is U29100PN2004PTC019397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ovivo India was incorporated on 16 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ovivo India by revenue are Innotronix Labs & Trading Private Limited, Gaytri Industrial Corporation Private Limited, Maxima Boilers Pvt Ltd, CKB Preciway Engineering Private Limited, Benco Thermal Technologies Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Shirish Kale Vasudeo ceased to be Company Secretary on 06 Aug 2022. Kalpesh Labhubhai Dankhara was appointed as Managing Director on 13 Jun 2020. Marc Barbeau was appointed as Director on 29 Nov 2014. Ovivo India has 13 board changes on record in total.
Ovivo India can be reached through the website ovivowater.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Ovivo India is at Gl & V House Plot No 2C S No 1624A – 5A Off D P Road Aundh, Pune, Maharashtra, India – 411007.
Ovivo India operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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