Olaer Hydraulics (India) Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.72 M
- Company Age 27 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.18 Cr
- Revenue Growth 25.64%
- Profit Growth 61.74%
- Ebitda 51.25%
- Net Worth 6.78%
- Total Assets 4.17%
About Olaer Hydraulics (India)
Olaer Hydraulics (India) Private Limited (OHIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 October 1997 and has a history of 27 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Fawcett Christie Hydraulics (India) Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.72 M.
The company has closed loans amounting to ₹1.18 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Shandar Alam, Inder Arora, Heinzsten Peter, and One other member serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29119KA1997PTC022916
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Company No.
022916
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Oct 1997
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Olaer Hydraulics (India) Private Limited offer?
Olaer Hydraulics (India) Private Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Oil Coolers, Hydraulic Accumulator, Bladder Accumulators, Piston Accumulator, Control Valves, Water Valve, Air Coolers, Portable Air Cooler, Heat Exchangers.
Who are the key members and board of directors at Olaer Hydraulics (India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
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Shandar Alam
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Director | 05-Sep-2020 | Current |
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Inder Arora
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Director | 13-Feb-2024 | Current |
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Heinzsten Peter
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Director | 09-Jan-2024 | Current |
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Pranav Ramparia
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Director | 15-Mar-2018 | Current |
Financial Performance of Olaer Hydraulics (India).
Olaer Hydraulics (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.64% increase. The company also saw a substantial improvement in profitability, with a 61.74% increase in profit. The company's net worth moved up by a moderate rise of 6.78%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Olaer Hydraulics (India)?
In 2023, Olaer Hydraulics (India) 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)
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Lord India Private LimitedHeinzsten Peter and Pranav Ramparia are mutual person
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Meggitt India Private LimitedHeinzsten Peter and Pranav Ramparia are mutual person
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Parker Hannifin India Private LimitedShandar Alam, Heinzsten Peter and 1 more are mutual person
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Bestobell Valves (India) Private LimitedShandar Alam and Pranav Ramparia are mutual person
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Olaer Fawcett Christie Hydraulics (India) Private Limited
Shandar Alam and Pranav Ramparia are mutual person
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Legris Holding India Private Limited
Shandar Alam and Pranav Ramparia are mutual person
Charges (Loans)
₹0
₹11.80 M
Charges Breakdown by Lending Institutions
- State Bank Of Mysore : 1.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2011 | State Bank Of Mysore | ₹6.00 M | Satisfied |
| 20 Nov 2007 | State Bank Of Mysore | ₹5.80 M | Satisfied |
How Many Employees Work at Olaer Hydraulics (India)?
Olaer Hydraulics (India) has a workforce of 18 employees as of Apr 04, 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 Olaer Hydraulics (India), 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 Olaer Hydraulics (India)'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.
