Olety Carz Private Limited

Provides motor vehicle retail, AMC service, used vehicle sales, and rentals since 1999 in Bangalore.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated: December 24, 2024

Who are the key members and board of directors at Olety Carz?

Executive Team (1)

NameDesignationAppointment DateStatus
Olety Santoshkumar Country flag representing InManaging Director01-Dec-1999Current

Board Members (2)

NameDesignationAppointment DateStatus
Arathi Santosh Country flag representing In Director 01-Dec-1999Current
Abhishek Olety Country flag representing In Director 08-Oct-2021Current

Financial Performance of Olety Carz.

Olety Carz Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 19.37% decrease. The company also saw a slight decrease in profitability, with a 6.63% decrease in profit. The company's net worth moved up by a moderate rise of 1.14%.

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
-19.37%
Revenue from Operations
-19.98%
Total Assets
-5.32%
Profit or Loss
-6.63%
Net Worth
1.14%
EBITDA
-36.02%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹16.20 M

Satisfied Charges

₹12.50 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.82 Cr
  • Others : 0.65 Cr
  • Tata Capital Financial Services Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2021Axis Bank Limited₹8.20 MOpen
29 Sep 2020Tata Capital Financial Services Limited₹1.50 MOpen
22 Mar 2017Others₹6.50 MOpen
11 Sep 2008Corporation Bank₹1.25 CrSatisfied

How Many Employees Work at Olety Carz?

Unlock and access historical data on people associated with Olety Carz, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Olety Carz

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.20 M with Charge ID 100517922 was registered on 28 Dec 2021.

    28 Dec 2021

  • Annual General Meeting

    Olety Carz Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Director Appointment

    Abhishek Santosh Olety was appointed as a Director was appointed as a Director on 08 Oct 2021 & has been associated with this company since 3 years 3 months .

    08 Oct 2021

  • Balance Sheet

    Olety Carz Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 1.50 M with Charge ID 100381131 was registered on 29 Sep 2020.

    29 Sep 2020

  • Charges

    A charge with Others of Rs. 6.50 M registered on 22 Mar 2017 with Charge ID 100090574 was modified on 23 Mar 2017.

    23 Mar 2017

Frequently asked questions

  • Olety Carz Private Limited was incorporated on 01 Dec 1999.

  • The authorized share capital of Olety Carz Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.77 M.

  • Currently 3 directors are associated with Olety Carz Private Limited.

    • Arathi Santosh
    • Olety Venkataram Santoshkumar
    • Abhishek Santosh Olety
  • As per Ministry of Corporate Affairs (Mca), the registered address of Olety Carz Private Limited is No 41 1St Floor Sajjan Rao Road V Puram, Bangalore India, Karnataka, 560004.

  • The corporate identification number (CIN) of Olety Carz Private Limited is U50101KA1999PTC026013 and the company number is 026013 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Olety Carz Private Limited has fallen by -19.37%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Olety Carz Private Limited has experienced an upsurge of 1.14%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Olety Carz Private Limited amount to ₹ 1.62 Cr.

  • The most recent Balance Sheet for Olety Carz Private Limited was filed with the ROC on 31 Mar 2021.