About Onward Technologies Ltd 
Onward Technologies Ltd
Micro Cap
IT - Software
Onward Technologies Limited was incorporated on July 18, 1991. The Company is a leading global player in Mechanical Engineering Design and IT Services. The Company is one of the India's leading engineering and IT services companies, providing integrated product development solutions and services to many of the Fortune 1000 companies. Onward Tech is a software outsourcing company specializing in Digital and ER&D services.
Company Coordinates 
Company Details
Sterling Center 2nd Floor, Dr A B Road Worli Mumbai Maharashtra : 400018
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
Capital Structure 
Present Equity Capital
INR 22.62 Cr
Number of Shares
2.26 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
22-Aug-2024
2.26
22.62
14000
10
Issued under ESOP Scheme
04-Jun-2024
2.26
22.58
39500
10
Issued under ESOP Scheme
26-Apr-2024
2.25
22.54
20100
10
Issued under ESOP Scheme
21-Mar-2024
2.25
22.52
5200
10
Issued under ESOP Scheme
17-Feb-2024
2.25
22.51
12600
10
Issued under ESOP Scheme
05-Dec-2023
2.25
22.50
73500
10
Issued under ESOP Scheme
22-Sep-2023
2.24
22.43
28000
10
Issued under ESOP Scheme
08-Aug-2023
2.24
22.40
29500
10
Issued under ESOP Scheme
07-Jun-2023
2.24
22.37
23400
10
Issued under ESOP Scheme
15-Apr-2023
2.23
22.35
42100
10
Issued under ESPS
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 3 Schemes (4.04%)
FIIs
Held by 6 FIIs (9.18%)
Promoter with highest holding
Jhm Enterprises Private Limited (33.51%)
Highest Public shareholder
Infinity Direct Holdings (8.73%)
Individual Investors Holdings
30.63%
Management
Designation
Remuneration
Harish Shantilal Mehta
Founder Chairman
2.0 cr
Jigar Mehta
Managing Director
1.48 cr
Rahul Rathi
Independent Director
4.5 lacs
Parish Meghani
Independent Director
4.5 lacs
Subrata Kumar Mitra.
Independent Director
6.0 lacs
Jay Sonawala
Independent Director
5.2 lacs
Harsha Raghavan
Director
0
Niranjani Chandramouli
Independent Director
1.55 lacs
Dhanpal Jhaveri
Independent Director
0
Jai S Diwanji
Independent Director
0
Vinav Agarwal
Company Sec. & Compli. Officer
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Professional and Consultancy Services
111.50
95.57%
Software Products
5.17
4.43%
Professional and Consultancy Services
Professional and Consultancy Services
Software Products
Software Products
Revenue and Profits:
Net Sales:
123 Cr
(Quarterly Results - Dec 2024)
Net Profit:
6 Cr
IT - Software
INR 515 Cr (Micro Cap)
21.00
26
2.30%
0.05
11.56%
2.35