Olive Forex Private Limited

Specializes in foreign currency exchange and related services, licensed by Reserve Bank of India.

2016 | Navrangpura, Gujarat (India) | Active
Last Updated: July 31, 2024

Olive Forex Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 94.52%
  • Profit Growth 44.12%
  • Ebitda 260.00%
  • Net Worth 4.12%
  • Total Assets 8.52%

About Olive Forex

Olive Forex Private Limited (OFPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 March 2016 (Eight years and 11 months 10 days old ). Its registered office is in Navrangpura, Gujarat, India.

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 3.00 M and a paid-up capital of Rs 3.00 M, as per Ministry of Corporate Affairs (MCA) records.

Thakkar Dinesh and Dineshbhai Thakkar serve as directors at the Company.

Company Details

  • Location

    Navrangpura, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191GJ2016PTC086495

  • Company No.

    086495

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Thakkar Dinesh Country flag representing In Director 25-Apr-2022Current
Dineshbhai Thakkar Country flag representing In Director 25-Apr-2022Current

Financial Performance of Olive Forex.

Olive Forex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 94.52% increase. The company also saw a substantial improvement in profitability, with a 44.12% increase in profit. The company's net worth moved up by a moderate rise of 4.12%.

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
94.52%
Revenue from Operations
115.82%
Total Assets
8.52%
Profit or Loss
44.12%
Net Worth
4.12%
EBITDA
260.00%

What is the Ownership and Shareholding Structure of Olive Forex?

In 2022, Olive Forex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Olive Forex?

Unlock and access historical data on people associated with Olive Forex, 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 Forex, 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 Forex'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 Forex

Recent activity within the organization

  • Annual General Meeting

    Olive Forex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Thakkar Yash Dinesh was appointed as a Director was appointed as a Director on 25 Apr 2022 & has been associated with this company since 2 years 10 months .

    25 Apr 2022

  • Director Appointment

    Dineshbhai Pranjivanbhai Thakkar was appointed as a Director was appointed as a Director on 25 Apr 2022 & has been associated with this company since 2 years 10 months .

    25 Apr 2022

  • Company Incorporation

    Olive Forex Private Limited was registered on 17 Mar 2016 with Roc Ahmedabad & aged 8 years 11 months as per MCA records.

    17 Mar 2016

Frequently asked questions

  • Olive Forex Private Limited was incorporated on 17 Mar 2016.

  • The authorized share capital of Olive Forex Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 2 directors are associated with Olive Forex Private Limited.

    • Thakkar Yash Dinesh
    • Dineshbhai Pranjivanbhai Thakkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Olive Forex Private Limited is Office No. 213 2Nd Floor Iscon Arced Nr. Lal Bunglow Nr. Parisima, Navrangpura, Gujarat, India, 380009.

  • The corporate identification number (CIN) of Olive Forex Private Limited is U65191GJ2016PTC086495 and the company number is 086495 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Olive Forex Private Limited has risen by 94.52%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Olive Forex Private Limited has experienced an upsurge of 4.12%.

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

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