Ola Electric Technologies Profile
Key Indicators
- Authorised Capital ₹ 6,135.88 Cr
- Paid Up Capital ₹ 2,835.88 Cr
- Company Age 4 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,661.00 Cr
- Satisfied Charges ₹ 295.00 Cr
- Revenue Growth 630.87%
- Profit Growth -120.74%
- Ebitda -76.09%
- Net Worth -23.43%
- Total Assets 67.22%
About Ola Electric Technologies
Ola Electric Technologies Private Limited (OETPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 January 2021 (Four years and one month 15 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6,135.88 Cr and a paid-up capital of Rs 2,835.88 Cr.
The company currently has active open charges totaling ₹1,661.00 Cr. The company has closed loans amounting to ₹295.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ola Electric Technologies Private Limited India are Ginni Singhal as COMPANY SECRETARY and Nikhil Gupta as Cfo. Manoj Kohli, Bhavish Aggarwal, Harish Abichandani, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300KA2021PTC142884
- Company No.
142884
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jan 2021
- Date of AGM
14 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Ola Electric Technologies?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ginni Singhal  | Company Secretary | 22-Jun-2023 | Current |
| Nikhil Gupta | CFO | 11-Jan-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manoj Kohli | Director | Current | |
| Bhavish Aggarwal | Director | 06-Jan-2021 | Current |
| Harish Abichandani | Director | 15-Feb-2024 | Current |
| Nikhil Gupta | Whole-Time Director | Current |
Financial Performance of Ola Electric Technologies.
Ola Electric Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 630.87% increase. The company also saw a substantial fall in profitability, with a 120.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ola Electric Technologies?
In 2023, Ola Electric Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Inbrew Beverages Private LimitedManoj Kohli is a mutual person
Triveni Engineering And Industries LimitedManoj Kohli is a mutual person
Elara Capital (India) Private LimitedManoj Kohli is a mutual person
Qualitia Software Private LimitedHarish Abichandani is a mutual person
Black Lotus Technologies Private LimitedHarish Abichandani is a mutual person
Ola Electric Mobility LimitedManoj Kohli and Bhavish Aggarwal are mutual person
Charges (Loans)
₹1,661.00 Cr
₹295.00 Cr
Charges Breakdown by Lending Institutions
- Others : 1661.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2022 | Others | ₹911.00 Cr | Open |
| 08 Jul 2021 | Others | ₹750.00 Cr | Open |
| 28 Nov 2022 | Yes Bank Limited | ₹145.00 Cr | Satisfied |
| 13 Sep 2022 | Axis Bank Limited | ₹100.00 Cr | Satisfied |
| 23 Feb 2022 | Others | ₹50.00 Cr | Satisfied |
How Many Employees Work at Ola Electric Technologies?
Ola Electric Technologies has a workforce of 3621 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ola Electric Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ola Electric Technologies's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
