Olive Technology Limited

Provides software development and services to companies in USA and India, including mobile apps and web development.

1996 | Hyderabad, Telangana (India) | Active
Last Updated: January 07, 2024

Olive Technology Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -13.52%
  • Profit Growth -10.79%
  • Ebitda -14.69%
  • Net Worth 13.00%
  • Total Assets 17.65%

About Olive Technology

Olive Technology Limited (OTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 October 1996 and has a history of 28 years and three months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 7.00 M and a paid-up capital of Rs 5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Suneetha Vijayam, Devachariam Anand, and Joseph Vijayam serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG1996PLC025563

  • Company No.

    025563

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1996

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Olive Technology Limited offer?

Olive Technology Limited offers a wide range of products and services, including VFD, Variable Frequency Drive Inverter, ERP Solutions, IT, Networking & Automation Solution, IT Solutions, Industrial Machinery, Automatic Picking System, Mobile Application Development, IOS Application Development, PLC.

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

Board Members (3)

Name Designation Appointment Date Status
Joseph Vijayam Country flag representing Us Director 23-Oct-1996 Current
Suneetha Vijayam Country flag representing In Director 23-Oct-1996 Current
Devachariam Anand Country flag representing In Additional Director 22-May-2023 Current

Financial Performance of Olive Technology.

Olive Technology Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 13.52% decrease. The company also saw a substantial fall in profitability, with a 10.79% decrease in profit. The company's net worth Soared by an impressive increase of 13%.

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
-13.52%
Revenue from Operations
-14.99%
Total Assets
17.65%
Profit or Loss
-10.79%
Net Worth
13.00%
EBITDA
-14.69%

What is the Ownership and Shareholding Structure of Olive Technology?

In 2020, Olive Technology 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 Technology?

Olive Technology has a workforce of 12 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Devachariam Joshua Anand was appointed as a Additional Director was appointed as a Additional Director on 22 May 2023 & has been associated with this company since 1 year 8 months .

    22 May 2023

  • Annual General Meeting

    Olive Technology Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Olive Technology Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

    31 Mar 2022

  • Director Appointment

    Suneetha Vijayam was appointed as a Director was appointed as a Director on 23 Oct 1996 & has been associated with this company since 28 years 3 months .

    23 Oct 1996

  • Director Appointment

    Joseph Vijaywanth Vijayam was appointed as a Director was appointed as a Director on 23 Oct 1996 & has been associated with this company since 28 years 3 months .

    23 Oct 1996

  • Company Incorporation

    Olive Technology Limited was registered on 23 Oct 1996 with Roc Hyderabad & aged 28 years 3 months as per MCA records.

    23 Oct 1996

Frequently asked questions

  • Olive Technology Limited was incorporated on 23 Oct 1996.

  • The authorized share capital of Olive Technology Limited is ₹ 7.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Olive Technology Limited.

    • Suneetha Vijayam
    • Devachariam Joshua Anand
    • Joseph Vijaywanth Vijayam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Olive Technology Limited is 12-13-623Nagarjuna Nagar, Tarnaka, Hyderabad, Telangana, India, 500017.

  • The corporate identification number (CIN) of Olive Technology Limited is U72200TG1996PLC025563 and the company number is 025563 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Olive Technology Limited is https://www.olivetech.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Olive Technology Limited has fallen by -13.52%.

  • As Per 2020 financial reports, 12 employees are currently employed by Olive Technology Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Olive Technology Limited has experienced an upsurge of 13.00%.

  • The most recent Balance Sheet for Olive Technology Limited was filed with the ROC on 31 Mar 2022.

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