Ola Fleet Technologies Profile
Key Indicators
- Authorised Capital ₹ 875.20 Cr
- Paid Up Capital ₹ 856.01 Cr
- Company Age 13 Year, 19 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 100.00 Cr
- Satisfied Charges ₹ 2,392.22 Cr
- Revenue Growth 262.94%
- Profit Growth 17.17%
- Ebitda -2045.54%
- Net Worth -39.38%
- Total Assets -31.77%
About Ola Fleet Technologies
Ola Fleet Technologies Private Limited (OFTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 February 2012 and has a history of 13 years. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Apra Cabs India Private Limited. The Company is engaged in the Transport And Logistics 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 875.20 Cr and a paid-up capital of Rs 856.01 Cr.
The company currently has active open charges totaling ₹100.00 Cr. The company has closed loans amounting to ₹2,392.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ola Fleet Technologies Private Limited India is Priyesh Jain as COMPANY SECRETARY. Harish Abichandani and Ankush Aggarwal serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U63090KA2012PTC157478
- Company No.
230920
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Feb 2012
- Date of AGM
28 Sep 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 Fleet Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Priyesh Jain | Company Secretary | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ankush Aggarwal  | Director | 31-May-2024 | Current |
| Harish Abichandani | Director | 07-Jun-2024 | Current |
Financial Performance of Ola Fleet Technologies.
Ola Fleet Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 262.94% increase. The company also saw a substantial improvement in profitability, with a 17.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 39.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ola Fleet Technologies?
In 2023, Ola Fleet 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)
Ola Electric Technologies Private LimitedHarish Abichandani is a mutual person
Qualitia Software Private LimitedHarish Abichandani is a mutual person
Goddard Technical Solutions Private LimitedAnkush Aggarwal is a mutual person
Black Lotus Technologies Private LimitedHarish Abichandani is a mutual person
Ola Financial Services Private LimitedHarish Abichandani and Ankush Aggarwal are mutual person
Pisces Eservices Private LimitedHarish Abichandani and Ankush Aggarwal are mutual person
Charges (Loans)
₹100.00 Cr
₹2,392.22 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 100.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2021 | Axis Bank Limited | ₹100.00 Cr | Open |
| 15 Feb 2022 | Yes Bank Limited | ₹100.00 Cr | Satisfied |
| 25 Jan 2022 | Axis Bank Limited | ₹100.00 Cr | Satisfied |
| 17 Jan 2022 | Jp Morgan Chase Bank, N.A. | ₹50.00 Cr | Satisfied |
| 09 Sep 2019 | Others | ₹150.00 Cr | Satisfied |
How Many Employees Work at Ola Fleet Technologies?
Ola Fleet Technologies has a workforce of 104 employees as of Apr 09, 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 Fleet 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 Fleet 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.
