Olive Auto Profile
Key Indicators
- Authorised Capital ₹ 1.80 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 15 Year, 9 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 nine 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
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50102AP2009PTC064716
- Company No.
064716
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Aug 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Automotive
Olive Auto Private Limited
Explore comprehensive data for Olive Auto Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Olive Auto?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Penmetsa  | Director | 12-Aug-2009 | Current |
| Harsha Hanumara | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Varun Carriers Private LimitedNarasimha Penmetsa is a mutual person
Varun Auto Sales Private LimitedNarasimha Penmetsa is a mutual person
Varun Used Cars Private LimitedNarasimha Penmetsa is a mutual person
Varun Commercial Vehicles Private LimitedNarasimha Penmetsa is a mutual person
Varun Vehicles Private LimitedNarasimha Penmetsa is a mutual person
Varun Automobiles Private LimitedNarasimha Penmetsa is a mutual person
Charges (Loans)
Open Charges
₹9.41 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Olive Auto
Recent activity within the organization
- Annual General Meeting
Olive Auto Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Olive Auto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge registered on 03 Oct 2020 via Charge ID 100376738 with Others was fully satisfied on 25 Jul 2022.
- Charges
A charge registered on 15 Dec 2009 via Charge ID 10192625 with Bank Of Baroda was fully satisfied on 25 Jul 2022.
- Charges
A charge with State Bank Of India amounted to Rs. 9.41 Cr with Charge ID 100571038 was registered on 22 Mar 2022.
- Charges
A charge with Others of Rs. 9.44 Cr registered on 03 Oct 2020 with Charge ID 100376738 was modified on 28 Apr 2021.
Frequently asked questions
What is the Incorporation or founding date of Olive Auto Private Limited?
Olive Auto Private Limited was incorporated on 12 Aug 2009.
What is authorized share capital and paid-up capital of Olive Auto Private Limited?
The authorized share capital of Olive Auto Private Limited is ₹ 1.80 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Olive Auto Private Limited?
Currently 2 directors are associated with Olive Auto Private Limited.
- Harsha Hanumara
- Narasimha Durga Harinadha Ranga Raju Penmetsa
What is the registered address of Olive Auto Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Olive Auto Private Limited is 9-29-18 Vip Road Balaji Nagar, Siripuram India, Visakhapatnam, Andhra Pradesh, 530003.
What is the corporate identification number (CIN) and company number of Olive Auto Private Limited?
The corporate identification number (CIN) of Olive Auto Private Limited is U50102AP2009PTC064716 and the company number is 064716 as per Ministry of Corporate Affairs (MCA).
What is the official website of Olive Auto Private Limited?
The Official website of Olive Auto Private Limited is https://www.oliveauto.com
What has been the recent revenue trend for Olive Auto Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Olive Auto Private Limited has fallen by -3.42%.
How many employees does Olive Auto Private Limited currently have?
As Per 2020 financial reports, 192 employees are currently employed by Olive Auto Private Limited.
What change has been observed in the net worth of Olive Auto Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Olive Auto Private Limited has experienced an upsurge of 61.13%.
What are the total open charges for Olive Auto Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Olive Auto Private Limited amount to ₹ 9.41 Cr.
When was the last Balance Sheet of Olive Auto Private Limited filed with the ROC?
The most recent Balance Sheet for Olive Auto Private Limited was filed with the ROC on 31 Mar 2023.
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