Olive Ecopower Private Limited

Renewable energy company generating power through wind turbines in Tamil Nadu.

2011 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Olive Ecopower Profile

Key Indicators

  • Authorised Capital ₹ 33.00 Cr
  • Paid Up Capital ₹ 21.31 Cr
  • Company Age 14 Year, 12 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 58.05 Cr
  • Satisfied Charges ₹ 89.53 Cr
  • Revenue Growth 16.40%
  • Profit Growth 45.30%
  • Ebitda 10.88%
  • Net Worth 11.17%
  • Total Assets 5.31%

About Olive Ecopower

Olive Ecopower Private Limited (OEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 March 2011 and has a history of 14 years. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Clover Wind Energy Private Limited. The Company is engaged in the Environment 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 33.00 Cr and a paid-up capital of Rs 21.31 Cr.

The company currently has active open charges totaling ₹58.05 Cr. The company has closed loans amounting to ₹89.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Olive Ecopower Private Limited India is Manoj Shah as COMPANY SECRETARY. Karthikeyan Akshay and Vijayan Anand serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40108TZ2011PTC016873

  • Company No.

    016873

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 2011

  • Date of AGM

    15 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Environment

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

Executive Team (1)

NameDesignationAppointment DateStatus
Manoj Shah Country flag representing In Company Secretary15-May-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Karthikeyan Akshay Country flag representing In Director 18-Mar-2011Current
Vijayan Anand Country flag representing In Director 18-Mar-2011Current

Financial Performance of Olive Ecopower.

Olive Ecopower Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.4% increase. The company also saw a substantial improvement in profitability, with a 45.3% increase in profit. The company's net worth Soared by an impressive increase of 11.17%.

Olive Ecopower revenue growth over time
Olive Ecopower 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
16.40%
Revenue from Operations
14.44%
Total Assets
5.31%
Profit or Loss
45.30%
Net Worth
11.17%
EBITDA
10.88%

What is the Ownership and Shareholding Structure of Olive Ecopower?

In 2023, Olive Ecopower had a promoter holding of 65.93% and a public holding of 34.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹58.05 Cr

Satisfied Charges

₹89.53 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 58.05 Cr

Latest Charge Details

DateLenderAmountStatus
10 Dec 2021Tamilnad Mercantile Bank Limited₹5.05 CrOpen
05 Feb 2021Tamilnad Mercantile Bank Limited₹5.00 CrOpen
23 Dec 2014Tamilnad Mercantile Bank Limited₹48.00 CrOpen
15 Feb 2021Indian Bank₹1.25 CrSatisfied
03 May 2012State Bank Of Patiala (Associate Bank Of State Bank Of India)₹16.00 CrSatisfied

How Many Employees Work at Olive Ecopower?

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

Employee growth trends for Olive Ecopower Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Olive Ecopower, 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 Ecopower'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 Ecopower

Recent activity within the organization

  • Charges

    A charge registered on 15 Feb 2021 via Charge ID 100419853 with Indian Bank was fully satisfied on 16 Sep 2024.

  • Annual General Meeting

    Olive Ecopower Private Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Olive Ecopower Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Charges

    A charge registered on 22 Mar 2012 via Charge ID 10349043 with Indian Overseas Bank was fully satisfied on 15 Jul 2022.

  • Charges

    A charge registered on 30 Mar 2012 via Charge ID 10353914 with Tamilnad Mercantile Bank Limited was fully satisfied on 17 Jun 2022.

  • Charges

    A charge registered on 31 Mar 2012 via Charge ID 10352371 with Indian Bank was fully satisfied on 14 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Olive Ecopower Private Limited?

    Olive Ecopower Private Limited was incorporated on 18 Mar 2011.

  • What is authorized share capital and paid-up capital of Olive Ecopower Private Limited?

    The authorized share capital of Olive Ecopower Private Limited is ₹ 33.00 Cr and paid-up capital is ₹ 21.31 Cr.

  • Who are the current board members & directors of Olive Ecopower Private Limited?

    Currently 3 directors are associated with Olive Ecopower Private Limited.

    • Karthikeyan Rajeev Akshay
    • Vijayan Dev Anand
    • Manoj Khagendra Shah

  • What is the registered address of Olive Ecopower Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Olive Ecopower Private Limited is Fourth Floor Caledon Square Avinashi Road, Peelamedu India, Coimbatore, Tamil Nadu, 641004.

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

    The corporate identification number (CIN) of Olive Ecopower Private Limited is U40108TZ2011PTC016873 and the company number is 016873 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Olive Ecopower Private Limited?

    The Official website of Olive Ecopower Private Limited is https://www.leapgreenenergy.com

  • What has been the recent revenue trend for Olive Ecopower Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Olive Ecopower Private Limited has risen by 16.40%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Olive Ecopower Private Limited has experienced an upsurge of 11.17%.

  • What are the total open charges for Olive Ecopower Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Olive Ecopower Private Limited amount to ₹ 58.05 Cr.

  • When was the last Balance Sheet of Olive Ecopower Private Limited filed with the ROC?

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

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