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OFB Tech Private Limited is an technology company that specializes in providing software development and IT services. It offers a range of solutions including application development, cloud services, and IT consulting, enabling businesses to improve performance and drive digital transformation across various sectors.
Ofb Tech Private Limited, is an unlisted private company incorporated on 24 August, 2015. It is classified as a private limited company and is located in , Gujarat. It's authorized share capital is INR 107.50 cr and the total paid-up capital is INR 33.07 cr.
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** All rupee values in INR crores. Based on March 2024 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.
* INR 349 for 20+ credits purchase
1 credit = one company dashboard
| State | Type | Address |
|---|---|---|
| Gujarat | Registered Office | B-1102, Sankalp Iconic Tower, Opp. Vikram Nagar, Bopal Ambli Road, Bodakdev, Ahmedabad, Ahmadabad City, Gujarat, India, 380054 - 380054 |
| Uttarakhand | Others | LIG 250, Avas Vikas Rudrapur,, Rudrapur, Udham Singh Nagar, Uttarakhand, 262405 |
| Uttarakhand | Sales Office | Kh.No - 159, Laxmi Foils Private Limited, Raipur, Raipur industrial Area, Bhagwanpur, Haridwar, Uttarakhand, 247661 |
| Haryana | Sales Office | 6th Floor,Tower A, Global Business Park, M.G Road, GURGAON, Gurugram, Haryana, 122001 |
| Haryana | Warehouse | H.No. 227/19/Z/5, Ward No. 13, Hospital Road, Bawal, Rewari, Haryana, 123501 |
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Director | Asish Mohapatra
Shareholder
|
06666246 | 10 years |
| Director | Bhuvan Kumar Gupta
Shareholder
|
07251075 | 10 years |
| Nominee Director | John Tyler Day | 07298703 | 7 years |
| Nominee Director | Navroz Darius Udwadia | 08355220 | 7 years |
| Nominee Director | Vikram Vaidyanathan | 06764019 | 10 years |
| Director | Ruchi Kalra
Shareholder
|
03103474 | 9 years |
| Nominee Director | Sarthak Misra | 03399650 | 4 years |
| Director | Ranjan Kumar Mohapatra | 08006199 | 2 years |
| Director | Ved Prakash Goel | 02748363 | 2 years |
| Director | Shirish Kishor Sankhe | 10197152 | 2 years |
| Director | Mahesh Chand Agrawal | 08808558 | 2 years |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | 698.8 | 1,379.0 | 6,404.0 | 11,496.6 | 13,221.5 |
| Operating profit | 21.8 | 41.0 | 88.0 | 96.0 | 125.1 |
| Net profit | 13.8 | 19.8 | 123.5 | 202.4 | 171.4 |
| Gross margin | 7.8 | 6.1 | 2.6 | 2.3 | 2.5 |
| Operating margin | 3.1 | 3.0 | 1.4 | 0.8 | 0.9 |
| Net margin | 1.9 | 1.4 | 1.9 | 1.7 | 1.3 |
| Networth | 600.2 | 826.1 | 5,536.3 | 5,774.1 | 5,981.3 |
| Borrowings | 159.1 | 239.7 | 305.5 | 1,128.1 | 1,223.2 |
| Assets | 780.5 | 1,131.5 | 6,060.1 | 7,149.1 | 7,460.4 |
| Debt to equity | 0.3 | 0.3 | 0.1 | 0.2 | 0.2 |
| Current ratio | 2.6 | 2.4 | 5.2 | 2.2 | 2.7 |
| ROE | 2.3 | 2.4 | 2.2 | 3.5 | 2.9 |
| Days payable | 6.0 | 4.0 | 7.0 | 6.0 | 4.0 |
| WC days | 146.0 | 109.0 | 121.0 | 51.0 | 66.0 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.2 | - | 31.1 | 31.1 | 31.5 |
| Reserves | 600.0 | 826.1 | 5,505.2 | 5,742.9 | 5,949.9 |
| Borrowings + | 159.1 | 239.7 | 305.5 | 1,128.1 | 1,223.2 |
| Long term borrowings | - | - | - | - | - |
| Short term borrowings | 159.1 | 239.7 | 305.5 | 1,128.1 | 1,223.2 |
| Trade payables + | 10.4 | 13.7 | 127.9 | 173.2 | 153.7 |
| Days payable | 6.0 | 4.0 | 7.0 | 6.0 | 4.0 |
| Other liabilities + | 21.2 | 65.6 | 218.4 | 247.0 | 255.8 |
| Other non-current liabilities | 3.4 | 4.6 | 23.3 | 31.0 | 34.2 |
| Other current liabilities | 7.4 | 47.4 | 67.1 | 42.8 | 68.0 |
| Total liabilities | 780.5 | 1,131.5 | 6,060.1 | 7,149.1 | 7,460.4 |
| Fixed Assets + | 13.6 | 11.7 | 46.8 | 63.0 | 67.0 |
| Tangible assets | 0.4 | 0.6 | 34.6 | 42.5 | 39.4 |
| CWIP | - | - | 3.7 | - | 7.5 |
| Intangible assets | 13.2 | 11.1 | 8.5 | 20.5 | 20.1 |
| LT loans and advances | - | - | - | 648.7 | 974.8 |
| Other non-current assets | 309.9 | 406.2 | 3,385.7 | 3,494.4 | 2,571.8 |
| Current assets + | 457.0 | 713.6 | 2,627.6 | 2,943.0 | 3,846.8 |
| Inventories | 2.1 | 5.1 | 123.7 | 368.0 | 822.4 |
| Trade receivables | 273.2 | 349.2 | 929.5 | 1,508.2 | 1,221.4 |
| Cash and cash equivalents | 99.9 | 120.2 | 193.7 | 156.6 | 153.4 |
| ST loans and advances | - | 40.3 | 428.5 | 345.4 | 346.9 |
| Other current assets | 81.8 | 198.8 | 952.2 | 564.7 | 1,302.6 |
| Total assets | 780.5 | 1,131.5 | 6,060.1 | 7,149.1 | 7,460.4 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales + | 698.8 | 1,379.0 | 6,404.0 | 11,496.6 | 13,221.5 |
| Sales growth % | 17.62 | 97.34 | 364.39 | 79.52 | 15.0 |
| Expenses + | 689.7 | 1,356.3 | 6,345.4 | 11,467.0 | 13,218.9 |
| Cost of goods | 644.1 | 1,295.1 | 6,234.4 | 11,232.3 | 12,892.8 |
| Employee cost | 17.7 | 20.3 | 58.6 | 113.2 | 125.3 |
| Other costs | 15.1 | 22.6 | 23.0 | 55.2 | 78.2 |
| Operating profit + | 21.8 | 41.0 | 88.0 | 96.0 | 125.1 |
| Operating margin % | 3.1 | 3.0 | 1.4 | 0.8 | 0.9 |
| Other income | 10.1 | 4.8 | 107.5 | 236.5 | 242.2 |
| Interest | 7.5 | 12.1 | 20.4 | 53.4 | 106.7 |
| Depreciation | 5.2 | 6.1 | 8.9 | 13.0 | 15.9 |
| Exceptional items | - | - | - | - | -11.4 |
| Profit before tax | 19.1 | 27.6 | 166.1 | 266.1 | 244.8 |
| Tax | 5.3 | 7.8 | 42.6 | 63.7 | 61.9 |
| Profit - disc. ops | - | - | - | - | - |
| Net profit | 13.8 | 19.8 | 123.5 | 202.4 | 171.4 |
| Net margin % | 1.9 | 1.4 | 1.9 | 1.7 | 1.3 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Solvency + | |||||
| Total Debt/Equity | 0.3 | 0.3 | 0.1 | 0.2 | 0.2 |
| Net Debt/Equity | 0.1 | 0.1 | 0.0 | 0.2 | 0.2 |
| Total Debt/Assets | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 |
| Total Assets/Equity | 1.3 | 1.4 | 1.1 | 1.2 | 1.2 |
| Liquidity + | |||||
| Current Ratio | 2.6 | 2.4 | 5.2 | 2.2 | 2.7 |
| Quick Ratio | 2.6 | 2.4 | 5.0 | 1.9 | 2.1 |
| Interest Coverage | 2.9 | 3.4 | 4.3 | 1.8 | 1.2 |
| Performance | |||||
| Gross Margin | 7.8 | 6.1 | 2.6 | 2.3 | 2.5 |
| Operating Margin | 3.1 | 3.0 | 1.4 | 0.8 | 0.9 |
| Net Margin | 1.9 | 1.4 | 1.9 | 1.7 | 1.3 |
| Return + | |||||
| Return on Equity | 2.3 | 2.4 | 2.2 | 3.5 | 2.9 |
| Pre-tax ROCE | 5.6 | 8.2 | 3.6 | 5.0 | 4.4 |
| Return on Assets | 1.8 | 1.8 | 2.0 | 2.8 | 2.3 |
| Pre-tax ROIC | 2.5 | 3.7 | 1.4 | 1.2 | 1.6 |
| Efficiency + | |||||
| Days Payable | 6.0 | 4.0 | 7.0 | 6.0 | 4.0 |
| Days Inventory | 1.0 | 1.0 | 7.0 | 12.0 | 23.0 |
| Days Receivable | 143.0 | 92.0 | 53.0 | 48.0 | 34.0 |
| Fixed Asset Turnover | 51.3 | 118.0 | 136.7 | 182.4 | 197.2 |
| Total Asset Turnover | 0.9 | 1.2 | 1.1 | 1.6 | 1.8 |
| Working Capital | |||||
| Cash Conversion Cycle | 138.0 | 89.0 | 53.0 | 54.0 | 53.0 |
| Working Capital Days | 146.0 | 109.0 | 121.0 | 51.0 | 66.0 |
Kotak Mahindra Bank Limited
No. of Loans: 1
Total Amount : 400.0 cr
IDBI Trusteeship Services Limited
No. of Loans: 2
Total Amount : 375.0 cr
State Bank of India
No. of Loans: 1
Total Amount : 300.0 cr
The Federal Bank Limited
No. of Loans: 2
Total Amount : 250.0 cr
ICICI Bank Limited
No. of Loans: 1
Total Amount : 200.0 cr
IndusInd Bank Limited
No. of Loans: 1
Total Amount : 200.0 cr
PIRAMAL TRUSTEESHIP SERVICES PRIVATE LIMITED
No. of Loans: 2
Total Amount : 175.0 cr
Barclays Bank PLC
No. of Loans: 1
Total Amount : 175.0 cr
CitiBank N.A.
No. of Loans: 1
Total Amount : 175.0 cr
Axis Bank Limited
No. of Loans: 1
Total Amount : 165.0 cr
The Hongkong and Shanghai Banking Corporation Limited
No. of Loans: 2
Total Amount : 120.0 cr
Beacon Trusteeship Limited
No. of Loans: 1
Total Amount : 120.0 cr
IDFC First Bank Limited
No. of Loans: 1
Total Amount : 45.0 cr
HDFC Bank Limited
No. of Loans: 1
Total Amount : 0.1 cr
Total Amount : 0.1 cr
Charge Date : 30 Jun, 2025
Total Amount : 225.0 cr
Charge Date : 24 Jun, 2025
Total Amount : 150.0 cr
Charge Date : 24 Jun, 2025
Total Amount : 105.0 cr
Charge Date : 11 Apr, 2025
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| OXYZO FINANCIAL SERVICES LIMITED | Delhi | 2016 | ₹ 68.8 Cr |
| OFG MANUFACTURING BUSINESSES PRIVATE LIMITED | India | - | - |
| OAGRI Farm Private Limited | India | - | - |
| OMAT Business Private Limited | India | - | - |
| NOBLE TECH INDUSTRIES PRIVATE LIMITED | Gujarat | 2004 | ₹ 52.3 Cr |
| OMAT WEST LIMITED | Gujarat | 2004 | ₹ 59.5 Cr |
| SMW ISPAT PRIVATE LIMITED | Maharashtra | 2004 | ₹ 217.9 Cr |
| TRACECOST PRIVATE LIMITED | Delhi | 2020 | ₹ 5.8 L |
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The incorporation date of OFB TECH PRIVATE LIMITED is 24 August, 2015
The authorized share capital of OFB TECH PRIVATE LIMITED is INR ₹ 107.5 Cr.
The paid-up capital of OFB TECH PRIVATE LIMITED is INR ₹ 33.1 Cr.
The registered address of OFB TECH PRIVATE LIMITED is B-1102, Sankalp Iconic Tower, Opp. Vikram Nagar, Bopal Ambli Road, Bodakdev, Ahmedabad, Ahmadabad City, Gujarat, India, 380054 - 380054
The CIN number of OFB TECH PRIVATE LIMITED is U74140GJ2015PTC154393.