Olam Food Ingredients India Private Limited

Processes and trades various food products, including cashews, coffee, sugar, and spices.

2006 | Gurgaon, Haryana (India) | Active
Last Updated: June 25, 2024

Olam Food Ingredients India Profile

Key Indicators

  • Authorised Capital ₹ 179.70 Cr
  • Paid Up Capital ₹ 64.14 Cr
  • Company Age 19 Year, 24 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 M
  • Satisfied Charges ₹ 458.38 Cr
  • Revenue Growth 13.48%
  • Profit Growth -98.00%
  • Ebitda -65.10%
  • Net Worth -38.72%
  • Total Assets -14.45%

About Olam Food Ingredients India

Olam Food Ingredients India Private Limited (OFIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 January 2006 and has a history of 19 years. Its registered office is in Gurgaon, Haryana, India.

The Corporate was formerly known as Hemarus Technologies Limited. The Company is engaged in the Agriculture 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 179.70 Cr and a paid-up capital of Rs 64.14 Cr.

The company currently has active open charges totaling ₹2.50 M. The company has closed loans amounting to ₹458.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Olam Food Ingredients India Private Limited India is Shreya Kapoor as COMPANY SECRETARY. Srikanth Ambati, Amit Khakholia, Mayank Srivastava, and Two other members serve as directors at the Company.

Company Details

  • Location

    Gurgaon, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    olamgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110HR2006PTC048628

  • Company No.

    048628

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Agriculture
Food and Beverages

What products or services does Olam Food Ingredients India Private Limited offer?

Olam Food Ingredients India Private Limited offers a wide range of products and services, including Dry Fruits & Nuts, Dry Fruits, Flavours & Aromatics, Bakery & Confectionery Flavors, Almond, Almond Nuts, Peanut, Raw Peanut, Dairy Products, Milk Products.

Who are the key members and board of directors at Olam Food Ingredients India?

Executive Team (1)

NameDesignationAppointment DateStatus
Shreya Kapoor Country flag representing In Company Secretary15-Sep-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Srikanth Ambati Country flag representing In Whole-Time Director 08-Jun-2022Current
Amit Khakholia Country flag representing In Whole-Time Director 01-Jan-2022Current
Mayank Srivastava Country flag representing In Whole-Time Director Current
Gaurav Grover Country flag representing Sg Whole-Time Director 03-Jun-2022Current
Somaiah Sirigiri Country flag representing In Whole-Time Director 08-Jun-2022Current

Financial Performance of Olam Food Ingredients India.

Olam Food Ingredients India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.48% increase. The company also saw a substantial fall in profitability, with a 98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.72%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
13.48%
Revenue from Operations
13.55%
Total Assets
-14.45%
Profit or Loss
-98.00%
Net Worth
-38.72%
EBITDA
-65.10%

What is the Ownership and Shareholding Structure of Olam Food Ingredients India?

In 2023, Olam Food Ingredients 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.25 Cr

Satisfied Charges

₹458.38 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2023Yes Bank Limited₹2.50 MOpen
24 Jun 2020Others₹178.29 CrSatisfied
08 Feb 2016Others₹100.00 CrSatisfied
24 Dec 2014State Bank Of India₹6.24 CrSatisfied
24 Sep 2014Indian Bank₹9.32 CrSatisfied

How Many Employees Work at Olam Food Ingredients India?

Olam Food Ingredients India has a workforce of 1185 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Olam Food Ingredients 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 Olam Food Ingredients India's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Olam Food Ingredients India

Recent activity within the organization

  • Annual General Meeting

    Olam Food Ingredients India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Olam Food Ingredients India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100712000 was registered on 08 Feb 2023.

    08 Feb 2023

  • Director Appointment

    Shreya Kapoor was appointed as a Company Secretary was appointed as a Company Secretary on 15 Sep 2022 & has been associated with this company since 2 years 5 months .

    15 Sep 2022

  • Director Appointment

    Srikanth Ambati was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 08 Jun 2022 & has been associated with this company since 2 years 8 months .

    08 Jun 2022

  • Director Appointment

    Gaurav Grover was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Jun 2022 & has been associated with this company since 2 years 8 months .

    03 Jun 2022

Frequently asked questions

  • Olam Food Ingredients India Private Limited was incorporated on 27 Jan 2006.

  • The authorized share capital of Olam Food Ingredients India Private Limited is ₹ 179.70 Cr and paid-up capital is ₹ 64.14 Cr.

  • Currently 6 directors are associated with Olam Food Ingredients India Private Limited.

    • Shreya Kapoor
    • Srikanth Ambati
    • Amit Khakholia
    • Mayank Srivastava
    • Gaurav Grover
    • Somaiah Sirigiri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Olam Food Ingredients India Private Limited is Dlf Building No. 8 Tower A 1St Floor Phase -Ii Cyber City, Gurgaon, Haryana, India, 122002.

  • The corporate identification number (CIN) of Olam Food Ingredients India Private Limited is U85110HR2006PTC048628 and the company number is 048628 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Olam Food Ingredients India Private Limited is https://www.olamgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Olam Food Ingredients India Private Limited has risen by 13.48%.

  • As Per 2023 financial reports, 1185 employees are currently employed by Olam Food Ingredients India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Olam Food Ingredients India Private Limited has experienced an downturn of -38.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Olam Food Ingredients India Private Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Olam Food Ingredients India Private Limited was filed with the ROC on 31 Mar 2023.

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