Olive Commercial Co Ltd

Distributor of various fuels, oils, and lubricants since 1983, based in Kolkata, West Bengal.

1983 | Kolkata, West Bengal (India) | Active
Last Updated: December 26, 2023

Olive Commercial Co Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.40 M
  • Company Age 42 Year, 12 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 20.00 Cr
  • Revenue Growth 204.50%
  • Profit Growth 142.11%
  • Ebitda 383.84%
  • Net Worth 33.78%
  • Total Assets -13.55%

About Olive Commercial Co

Olive Commercial Co Ltd (OCCL) is a Public Limited Indian Non-Government Company incorporated in India on 10 February 1983 and has a history of 42 years. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Real Estate And Construction 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 1.00 Cr and a paid-up capital of Rs 2.40 M.

The company has closed loans amounting to ₹20.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Olive Commercial Co Ltd India is Aashish Banger as CFO. Dashrath Gothwal, Bharat Mujumdar, Nitin Agrawal, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    olivecommercial.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L01132WB1983PLC035842

  • Company No.

    035842

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 1983

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction

Who are the key members and board of directors at Olive Commercial Co?

Executive Team (1)

NameDesignationAppointment DateStatus
Aashish Banger Country flag representing In CFO14-Aug-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Dashrath Gothwal Country flag representing In Whole-Time Director 10-Aug-2016Current
Bharat Mujumdar Country flag representing In Additional Director Current
Nitin Agrawal Country flag representing In Director 30-Aug-2021Current
Alifiya Country flag representing In Director 10-Aug-2022Current

Financial Performance of Olive Commercial Co.

Olive Commercial Co Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 204.5% increase. The company also saw a substantial improvement in profitability, with a 142.11% increase in profit. The company's net worth Soared by an impressive increase of 33.78%.

Graph illustrating revenue growth over time
Graph showing 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
204.50%
Revenue from Operations
39708.00%
Total Assets
-13.55%
Profit or Loss
142.11%
Net Worth
33.78%
EBITDA
383.84%

What is the Ownership and Shareholding Structure of Olive Commercial Co?

In 2022, Olive Commercial Co had a promoter holding of 56.23% and a public holding of 43.77%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹20.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2017Idbi Trusteeship Services Limited₹20.00 CrSatisfied

How Many Employees Work at Olive Commercial Co?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Olive Commercial Co, 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 Commercial Co's trajectory.

Rating

Graph displaying rating trends over time

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

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 Commercial Co

Recent activity within the organization

  • Annual General Meeting

    Olive Commercial Co Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Olive Commercial Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Alifiya was appointed as a Director was appointed as a Director on 10 Aug 2022 & has been associated with this company since 2 years 6 months .

    10 Aug 2022

  • Charges

    A charge registered on 25 Oct 2017 via Charge ID 100130554 with Idbi Trusteeship Services Limited was fully satisfied on 28 Mar 2022.

    28 Mar 2022

  • Director Appointment

    Nitin Agrawal was appointed as a Director was appointed as a Director on 30 Aug 2021 & has been associated with this company since 3 years 5 months .

    30 Aug 2021

  • Director Appointment

    Aashish Banger was appointed as a Cfo was appointed as a Cfo on 14 Aug 2019 & has been associated with this company since 5 years 6 months .

    14 Aug 2019

Frequently asked questions

  • Olive Commercial Co Ltd was incorporated on 10 Feb 1983.

  • The authorized share capital of Olive Commercial Co Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 2.40 M.

  • Currently 5 directors are associated with Olive Commercial Co Ltd.

    • Dashrath Gothwal
    • Bharat Mujumdar
    • Nitin Agrawal
    • Alifiya
    • Aashish Banger
  • As per Ministry of Corporate Affairs (Mca), the registered address of Olive Commercial Co Ltd is 2Nd Floor Of Main Building, 19 R. N. Mukherjee Road, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Olive Commercial Co Ltd is L01132WB1983PLC035842 and the company number is 035842 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Olive Commercial Co Ltd is https://www.olivecommercial.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Olive Commercial Co Ltd has risen by 204.50%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Olive Commercial Co Ltd has experienced an upsurge of 33.78%.

  • The most recent Balance Sheet for Olive Commercial Co Ltd was filed with the ROC on 31 Mar 2023.

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