Olive Auto Profile
Key Indicators
- Authorised Capital ₹ 1.80 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 15 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.41 Cr
- Satisfied Charges ₹ 11.44 Cr
- Revenue Growth -3.42%
- Profit Growth 3.29%
- Ebitda -41.41%
- Net Worth 61.13%
- Total Assets -0.44%
About Olive Auto
Olive Auto Private Limited (OAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 2009 and has a history of 15 years and five months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The Corporate was formerly known as Future Carriers And Vehicles Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.80 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹9.41 Cr. The company has closed loans amounting to ₹11.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
Harsha Hanumara and Narasimha Penmetsa serve as directors at the Company.
Company Details
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Location
Visakhapatnam, Andhra Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U50102AP2009PTC064716
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Company No.
064716
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Aug 2009
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Olive Auto?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Penmetsa
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Director | 12-Aug-2009 | Current |
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Harsha Hanumara
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Director | 12-Aug-2009 | Current |
Financial Performance of Olive Auto.
Olive Auto Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 3.42% decrease. The company also saw a slight improvement in profitability, with a 3.29% increase in profit. The company's net worth Soared by an impressive increase of 61.13%.
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What is the Ownership and Shareholding Structure of Olive Auto?
In 2020, Olive Auto had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Varun Carriers Private LimitedNarasimha Penmetsa is a mutual person
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Varun Auto Sales Private LimitedNarasimha Penmetsa is a mutual person
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Varun Used Cars Private LimitedNarasimha Penmetsa is a mutual person
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Varun Commercial Vehicles Private LimitedNarasimha Penmetsa is a mutual person
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Varun Vehicles Private LimitedNarasimha Penmetsa is a mutual person
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Varun Automobiles Private LimitedNarasimha Penmetsa is a mutual person
Charges (Loans)
₹9.41 Cr
₹11.44 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 9.41 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2022 | State Bank Of India | ₹9.41 Cr | Open |
| 03 Oct 2020 | Others | ₹9.44 Cr | Satisfied |
| 15 Dec 2009 | Bank Of Baroda | ₹2.00 Cr | Satisfied |
How Many Employees Work at Olive Auto?
Olive Auto has a workforce of 192 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Olive Auto, 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 Olive Auto'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.