OFB Tech Limited (OfBusiness)
- Unlisted share
- Technology
- ISIN INE06DH01023
At a glance
Sales
FY26
₹19,088 Cr
−10.0%on FY25What the company earned from its customers in the year.
Profit
FY26
₹348 Cr
+34.9%on FY25What was left after every cost and tax was paid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- OFB Tech Limited (OfBusiness)
- ISIN
- INE06DH01023
- Sector
- Technology
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹405.90
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About OFB Tech Limited (OfBusiness)
OFB Tech runs OfBusiness, a technology-led B2B platform that supplies bulk raw materials such as steel, non-ferrous metals, chemicals, polymers, agri-commodities and textiles to small and mid-sized businesses, and it also owns manufacturing and processing units in metals, apparel, chemicals and food. Its lending arm, Oxyzo Financial Services, is a separate subsidiary. The founders hold about 27% and the rest is mainly with private equity investors including SoftBank, Z47 (formerly Matrix Partners India), Tiger Global, Creation Capital, Alpha Wave Global and Norwest Venture Partners.
Written from: icra.in
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Technology
- ISIN
- INE06DH01023
- Head office
- Gurugram, Haryana (registered office in Ahmedabad, Gujarat)
- Promoter holding and main investors
- Promoters hold 26.97%; the rest is mainly held by private equity investors including SoftBank Group, Z47 (formerly Matrix Partners India), Tiger Global, Creation Capital, Alpha Wave Global and Norwest Venture Partners
- ICRA rating rationale, 13 August 2026
- Key people
- Whole Time Director, Co-Founder and CEO: Asish Mohapatra; Whole Time Director, Co-Founder and CTO: Bhuvan Gupta; Director and Co-Founder: Ruchi Kalra
- CIN
- U74140GJ2015PLC154393
- Official website
- ofbusiness.com
Read from: Company website, unless another source is shown on a card.
Figures in ₹ crore
Financials
OFB Tech Limited (formerly OFB Tech Private Limited). As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY23 to FY26: ₹14,862 Cr to ₹19,088 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY23 to FY26: ₹257 Cr to ₹348 Cr.
| Particulars | FY23 | FY24 | FY25 | FY26Latest |
|---|---|---|---|---|
| Operating income (commerce business, excluding Oxyzo) | 14,861.7 | 18,481 | 21,206 | 19,088▼10% |
| Profit after tax (commerce business, excluding Oxyzo) | 256.5 | 312 | 258 | 348▲35% |
Rupees crore unless marked, consolidated commerce business, excluding Oxyzo Financial Services (as presented by ICRA). The change shown is the latest year against the year before. Read from: ICRA rating rationale, 30 May 2025, ICRA rating rationale, 26 May 2026, ICRA rating rationale, 13 August 2026.
Credit rating. [ICRA]A+ (Stable) / [ICRA]A1+ reaffirmed on bank facilities of ₹2,500 crore (13 August 2026) ICRA rating rationale, 13 August 2026
Ownership
Shareholding pattern
Who owns the company
As of 31 March 2026
27.0%Promoters
- Largest holder
- 27.0%
- Top 1 together
- 27.0%
- Holders named
- 1
- Promoters26.97%
- Total26.97%
Read from: ICRA rating rationale, 13 August 2026
Leadership
Management
Asish Mohapatra
Whole Time Director, Co-Founder and CEO
Bhuvan Gupta
Whole Time Director, Co-Founder and CTO
Ruchi Kalra
Director and Co-Founder
Shirish Sankhe
Independent Director
MC Agrawal
Independent Director
Ved Prakash Goel
Independent Director
Ranjan Mohapatra
Independent Director
Harleen Kaur
Independent Director
Navroz Udwadia
Nominee Director
Sarthak Misra
Nominee Director
Tyler Day
Nominee Director
Vikram Vaidyanathan
Nominee Director
Rashi Srivastava
Company Secretary
Read from: Company website, NSDL ISIN search (nsdl.com)
Corporate calendar
Events
- 13 Aug 2026Credit ratingICRA reaffirmed [ICRA]A+ (Stable)/[ICRA]A1+ on ₹2,500 crore of bank facilitiesOpen
- 26 May 2026Credit ratingICRA withdrew its ratings on the unplaced commercial paper and proposed NCD programmes; bank facility ratings stay outstandingOpen
- 30 May 2025Credit ratingICRA reaffirmed the ratings and assigned [ICRA]A+ (Stable) to a proposed NCD programmeOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
- FY2025-26ICRA: OFB Tech Limited, ratings reaffirmed (13 August 2026)
- FY2024-25ICRA: OFB Tech Limited, NCD and CP ratings withdrawn (26 May 2026)
- FY2023-24ICRA: OFB Tech Private Limited, ratings reaffirmed, NCD rating assigned (30 May 2025)
- FY2022-23ICRA: OFB Tech Private Limited, ratings reaffirmed and assigned for enhanced amount (31 March 2024)
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about OFB Tech Limited (OfBusiness) on WhatsAppIs the price shown for OFB Tech Limited (OfBusiness) final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my OFB Tech Limited (OfBusiness) shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell OFB Tech Limited (OfBusiness) shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by OFB Tech Limited (OfBusiness). Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.