Olety Finance Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 2.00 Cr
as on 24-10-2024
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Revenue 101.61%
(FY 2023)
- Profit -366.01%
(FY 2023)
- Ebitda 13.73%
(FY 2023)
- Net Worth -1.97%
(FY 2023)
- Total Assets -8.92%
(FY 2023)
About Olety Finance
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.
- 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
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Olety Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Olety Santoshkumar  | Managing Director | 02-Feb-1996 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arathi Santosh | Whole-Time Director | 02-Feb-1996 | Current |
| Kumaran Sampath | Director | 06-Jul-2018 | Current |
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%.
- 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 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.
Related Corporates (Common Directorship)
Olety Travels Private LimitedActive 27 years 10 monthsArathi Santosh and Olety Santoshkumar are mutual person
- Olety Carz Private LimitedActive 25 years 22 days
Arathi Santosh and Olety Santoshkumar are mutual person
Charges (Loans)
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.
Deals i
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
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.
