Olety Carz Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 30-06-2024
- Paid Up Capital ₹ 3.77 M
as on 30-06-2024
- Company Age 25 Year, 22 Days
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 1.62 Cr
as on 30-06-2024
- Satisfied Charges ₹ 1.25 Cr
as on 30-06-2024
- Revenue -19.37%
(FY 2021)
- Profit -6.63%
(FY 2021)
- Ebitda -36.02%
(FY 2021)
- Net Worth 1.14%
(FY 2021)
- Total Assets -5.32%
(FY 2021)
About Olety Carz
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 2021. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.77 M.
The company currently has active open charges totaling ₹1.62 Cr. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Arathi Santosh, Abhishek Olety, and Olety Santoshkumar serve as directors at the Company.
- CIN/LLPIN
U50101KA1999PTC026013
- Company No.
026013
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Dec 1999
- Date of AGM
30 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Olety Carz?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Olety Santoshkumar  | Managing Director | 01-Dec-1999 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arathi Santosh | Director | 01-Dec-1999 | Current |
| Abhishek Olety | Director | 08-Oct-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Olety Carz?
In 2020, Olety Carz had a promoter holding of 92.84% and a public holding of 7.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Olety Finance Private LimitedActive 28 years 10 monthsArathi Santosh and Olety Santoshkumar are mutual person
Olety Travels Private LimitedActive 27 years 10 monthsArathi Santosh and Olety Santoshkumar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 28 Dec 2021 | ₹8.20 M | Open |
Tata Capital Financial Services Limited Creation Date: 29 Sep 2020 | ₹1.50 M | Open |
Others Creation Date: 22 Mar 2017 | ₹6.50 M | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Olety Carz, 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 Olety Carz'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.
