Olety Finance Private Limited

Provides financial and related services since 1996, based in Bangalore, Karnataka.

1996 | Bangaluru, Karnataka (India) | Active
Last Updated:

Olety Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 101.61%
  • Profit Growth -366.01%
  • Ebitda 13.73%
  • Net Worth -1.97%
  • Total Assets -8.92%

About Olety Finance

Olety Finance Private Limited (OFPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 February 1996 and has a history of 29 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arathi Santosh, Olety Santoshkumar, and Kumaran Sampath serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1996PTC019734

  • Company No.

    019734

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Company report

Olety Finance Private Limited

Explore comprehensive data for Olety Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Olety Santoshkumar Country flag representing In Managing Director02-Feb-1996Current

Board Members (2)

NameDesignationAppointment DateStatus
Arathi Santosh Country flag representing In Whole-Time Director 02-Feb-1996Current
Kumaran Sampath Country flag representing In Director 06-Jul-2018Current

Financial Performance of Olety Finance.

Olety Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 101.61% increase. The company also saw a substantial fall in profitability, with a 366.01% decrease in profit. The company's net worth dipped by a decrease of 1.97%.

Olety Finance revenue growth over time
Olety Finance 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
101.61%
Revenue from Operations
112.11%
Total Assets
-8.92%
Profit or Loss
-366.01%
Net Worth
-1.97%
EBITDA
13.73%

What is the Ownership and Shareholding Structure of Olety Finance?

In 2023, Olety Finance had a promoter holding of 82.50% and a public holding of 17.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Olety Finance?

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

Employee growth trends for Olety Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Olety Finance, 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 Finance's trajectory.

Rating

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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

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Latest Updates, News, and FAQs on Olety Finance

Recent activity within the organization

  • Annual General Meeting

    Olety Finance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Olety Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Kumaran Sampath was appointed as a Director was appointed as a Director on 06 Jul 2018 & has been associated with this company since 6 years 10 months .

  • Director Appointment

    Arathi Santosh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Feb 1996 & has been associated with this company since 29 years 3 months .

  • Director Appointment

    Olety Venkataram Santoshkumar was appointed as a Managing Director was appointed as a Managing Director on 02 Feb 1996 & has been associated with this company since 29 years 3 months .

  • Company Incorporation

    Olety Finance Private Limited was registered on 02 Feb 1996 with Roc Bangalore & aged 29 years 3 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Olety Finance Private Limited?

    Olety Finance Private Limited was incorporated on 02 Feb 1996.

  • What is authorized share capital and paid-up capital of Olety Finance Private Limited?

    The authorized share capital of Olety Finance Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Olety Finance Private Limited?

    Currently 3 directors are associated with Olety Finance Private Limited.

    • Arathi Santosh
    • Olety Venkataram Santoshkumar
    • Kumaran Sampath
  • What is the registered address of Olety Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Olety Finance Private Limited is No. 36 Sajjan Roa Road Vv Puram, 1St Floor India, Bangalore, Karnataka, 560004.

  • What is the corporate identification number (CIN) and company number of Olety Finance Private Limited?

    The corporate identification number (CIN) of Olety Finance Private Limited is U85110KA1996PTC019734 and the company number is 019734 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Olety Finance Private Limited?

    The Official website of Olety Finance Private Limited is https://www.oletyfinance.com

  • What has been the recent revenue trend for Olety Finance Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Olety Finance Private Limited has risen by 101.61%.

  • What change has been observed in the net worth of Olety Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Olety Finance Private Limited has experienced an downturn of -1.97%.

  • When was the last Balance Sheet of Olety Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Olety Finance Private Limited was filed with the ROC on 31 Mar 2023.

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