The Onkar Bus Service Ltd
About The Onkar Bus Service Ltd
Data last updated:
The Onkar Bus Service Ltd is a public limited company based in Jalandhar, Punjab, India. It operates in the passenger transport segment of the transport and logistics sector. It was incorporated on 06 January 1945 and has been in existence for over 81 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U60210PB1945PLC000780. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹22.5 Lakh and a paid-up capital of ₹22.11 Lakh. It is led by directors including Anand Mohan Sharda (Managing Director) and Dinesh Kumar Tah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 13 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 771 Mota Singh Nagar, Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.22 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.99 Lakh (net margin -165.7%) and EBITDA of -₹5.12 Lakh (EBITDA margin -121.5%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 64% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3.81 Cr on record. Court records list 27 cases involving the company, including 7 filed by the company and 20 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
The Onkar Bus Service has one previous CIN (Corporate Identification Number): L60210PB1945PLC000780. The current CIN is U60210PB1945PLC000780, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60210PB1945PLC000780 | Current |
| L60210PB1945PLC000780 | Previous |
Contact details
The Onkar Bus Service Ltd's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address771 Mota Singh Nagar, Jalandhar, Punjab, India – 144001
- IndustryTransport and Logistics, Passenger Transport
To see the full contact details of The Onkar Bus Service Ltd, 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
Financials of The Onkar Bus Service Ltd
FY 2023 filings availableThe Onkar Bus Service Ltd reported revenue of ₹4.22 Lakh (up 747% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 747% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 64%. EBITDA fell 299% 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 |
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| EBITDA | -₹5.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.99 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -121.5% | ||||
| Net Profit Margin | -165.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of The Onkar Bus Service Ltd, buy the company report.
Board of directors of The Onkar Bus Service Ltd
The Onkar Bus Service has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kumar Tah | Whole-Time Director | 14 Sep 2005 | 21 Years 1 Months | Current |
| Amrik Singh | Whole-Time Director | 23 Jan 1991 | 35 Years 9 Months | Current |
| Paramjit Singh | Whole-Time Director | 23 Jan 1991 | 35 Years 9 Months | Current |
| Raman Bhalla | Director | 29 Jun 1988 | 38 Years 4 Months | Current |
| Anand Mohan Sharda | Managing Director | 09 Dec 2008 | 17 Years 10 Months | Current |
| Sarngurdev Singh Thandi Also directs: Sutlej Thandi Transport Private Limited | Director | 31 Dec 2016 | 9 Years 10 Months | Current |
Auditor
The Onkar Bus Service Ltd is audited by DASS & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DASS & CO. | FY 2022 | 000200N |
Shareholding
The shareholding of The Onkar Bus Service Ltd is on record for 5 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 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of The Onkar Bus Service Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2018 | 100200573 | Hdfc Bank Limited | ₹25 Lakh | Satisfied | |
| 17 Jul 2018 | 100199788 | Hdfc Bank Limited | ₹31.92 Lakh | Satisfied | |
| 29 May 2018 | 100189317 | Hdfc Bank Limited | ₹40.42 Lakh | Satisfied | |
| 06 Oct 2017 | 100146425 | Hdfc Bank Limited | ₹17 Lakh | Satisfied | |
| 27 Sep 2017 | 100162757 | Hdfc Bank Limited | ₹46 Lakh | Satisfied |
To see the full charge records of The Onkar Bus Service Ltd, buy the company report.
Total charge records: 14 View all charges
Legal cases
The Onkar Bus Service Ltd has 27 court cases on record: 7 filed by The Onkar Bus Service, 20 filed against it. 4 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 18 | 3 |
| High courts | 8 | 2 | 1 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Malerkotla, Punjab | Execution petition | Filed against the company by Bajaj Allianz General Insurance Company Ltd | Pending |
| High Court, PUNJAB | Appeal | Filed against the company by National Insurance Company Limited Through Its Branch Manager | Disposed |
| District court, Jalandhar, Punjab | Court case (CRR) | Filed by the company against State of Punjab | Pending |
| District court, Jalandhar, Punjab | Motor accident claim | Filed against the company by an individual | Pending |
| High Court, PUNJAB | Appeal | Filed by the company against an individual | Pending |
To see the full case history of The Onkar Bus Service Ltd, 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 The Onkar Bus Service Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
The Onkar Bus Service has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of The Onkar Bus Service Ltd, buy the company report.
Recent activity
The Onkar Bus Service Ltd has 18 board changes on record since 1988: 6 appointments and 12 cessations. The latest: Sudha Sharda ceased to be Director on 15 Mar 2022.
37 earlier events are in the company report.
Frequently asked questions
The Onkar Bus Service is an active public limited company based in Jalandhar, Punjab, India. The company works in passenger transport, within the transport and logistics industry. It was incorporated on 06 January 1945 (81+ years old) and is registered under CIN U60210PB1945PLC000780.
The Onkar Bus Service has 6 current directors:
- Anand Mohan Sharda - Managing Director
- Dinesh Kumar Tah - Whole-Time Director
- Amrik Singh - Whole-Time Director
- Paramjit Singh - Whole-Time Director
- Raman Bhalla - Director
- Sarngurdev Singh Thandi - Director
The latest financial statements of The Onkar Bus Service on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 13 September 2023. Year-wise statements from 2015 are in the company report.
No. The Onkar Bus Service has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of The Onkar Bus Service is U60210PB1945PLC000780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Onkar Bus Service has 27 court cases on record: 7 filed by the company and 20 filed against it. 4 are pending. Most are in the district courts.
The Onkar Bus Service was incorporated on 06 January 1945, making it 81+ years old. It is registered with the Registrar of Companies, Chandigarh.
Sudha Sharda ceased to be Director on 15 Mar 2022. Virat Sharda ceased to be Director on 15 Mar 2022. Ravinder Kumar Laroiya ceased to be Whole-Time Director on 25 Feb 2020. The Onkar Bus Service has 18 board changes on record in total.
The registered office of The Onkar Bus Service is at 771 Mota Singh Nagar, Jalandhar, Punjab, India – 144001.
The Onkar Bus Service operates in the transport and logistics industry, in the passenger transport segment.
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