About Otto Projects Private Limited
Data last updated:
Otto Projects Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 20 October 2004.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45309WB2004PTC100222. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors including Gautam Gangopadhyay (Managing Director) and Ujjal Pramanik (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 4 Bishop Lefroy Road Flat No. 4 Calcutta Mansion, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.43 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹87.04 Lakh and EBITDA of -₹87.48 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 75% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.72 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 1 case is pending.
The last known website on record is ottoprojects.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4 Bishop Lefroy Road Flat No. 4 Calcutta Mansion, Kolkata, West Bengal, India – 700020
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Otto Projects is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Otto Projects Private Limited
FY 2019 filings availableOtto Projects Private Limited reported revenue of ₹1.43 Lakh (down 97% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years, including a 97% fall in the latest year. EBITDA rose 41% 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 2018-19 | FY 2014-15 to FY 2017-18in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹1.43 Lakh | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹87.48 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹87.04 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 2014-15 to FY 2017-18in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | |
| Net Profit Margin | •••• | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2014-15 to FY 2017-18, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Otto Projects are in the company report.
: available in the company report
Board of Directors of Otto Projects Private Limited
Otto Projects has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brij Gopal Roy | Director | 20 Oct 2004 | 22 Years 0 Months | As last reported |
| Muzzafar Shah Also directs: Midas Mineral Logistics Private Limited, Tycoons Industries Private Limited, Optimus Minerals Private Limited and 1 more | Director | 20 Oct 2004 | 22 Years 0 Months | As last reported |
| Gautam Gangopadhyay | Managing Director | 20 Oct 2004 | 22 Years 0 Months | As last reported |
| Ujjal Pramanik Also directs: Tycoons Industries Private Limited | Whole-Time Director | 06 Sep 2014 | 12 Years 1 Months | As last reported |
| Shib Kali Banerjee | Director | 05 May 2008 | 18 Years 5 Months | As last reported |
Auditor Details
Otto Projects Private Limited is audited by MUNSHI & BHATTACHARYA for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUNSHI & BHATTACHARYA | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2010 | Syndicate Bank | ₹4.75 Cr | Open |
| 05 Feb 2010 | Syndicate Bank | ₹14 Lakh | Open |
| 30 May 2009 | Syndicate Bank | ₹1.08 Cr | Open |
| 12 May 2009 | Syndicate Bank | ₹75 Lakh | Open |
Total charge records: 4 View all charges
Legal Cases
Otto Projects Private Limited has 12 court cases on record: 2 filed by Otto Projects, 10 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 1 |
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (MEX) | Filed against the company by HDFC Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Blueberry Enclave Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bengal Nestors Industries Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Vision Financial Services Ltd | Disposed |
| High Court | Company petition | Filed by the company against M/S. Unicon Techno Solutions Private Limited | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Otto Projects.
: available in the company report
Recent Activity
Otto Projects Private Limited has 9 board changes on record since 2004: 5 appointments and 4 cessations. The latest: Vivek Bhaskaran ceased to be Director on 29 Sep 2015.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Otto Projects has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Otto Projects is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Otto Projects is a company under liquidation, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 20 October 2004 and is registered under CIN U45309WB2004PTC100222. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Otto Projects has 5 current directors:
- Gautam Gangopadhyay - Managing Director
- Ujjal Pramanik - Whole-Time Director
- Brij Gopal Roy - Director
- Muzzafar Shah - Director
- Shib Kali Banerjee - Director
The latest financial statements of Otto Projects on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Otto Projects is U45309WB2004PTC100222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Otto Projects has open charges of ₹6.72 Cr and no satisfied charges on record as per latest MCA filings.
Otto Projects has 12 court cases on record: 2 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.
Otto Projects was incorporated on 20 October 2004. It is registered with the Registrar of Companies, Kolkata.
Vivek Bhaskaran ceased to be Director on 29 Sep 2015. Ujjal Pramanik was appointed as Whole-Time Director on 06 Sep 2014. Gautam Gangopadhyay ceased to be Director on 21 Jun 2014. Otto Projects has 9 board changes on record in total.
Otto Projects can be reached through the website ottoprojects.com. Its registered office is in Kolkata, West Bengal, India.