Olympic Oil Industries Limited

International trading company specializing in agro and non-agro commodities, computer peripherals, and heavy equipment.

1980 | Mumbai, Maharashtra (India) | Active
Last Updated: January 04, 2025

Olympic Oil Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.85 Cr
  • Company Age 44 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 485.20 Cr
  • Revenue Growth -97.69%
  • Profit Growth -320.13%
  • Ebitda 7.53%
  • Net Worth -1.78%
  • Total Assets -0.22%

About Olympic Oil Industries

Olympic Oil Industries Limited (OOIL) is a Public Limited Indian Non-Government Company incorporated in India on 29 July 1980 and has a history of 44 years and six months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507609.

The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 2.85 Cr.

The company currently has active open charges totaling ₹485.20 Cr.

The Key Managerial Personnel (KMP) at Olympic Oil Industries Limited India is Mansi Bajpai as COMPANY SECRETARY. Arvind Srivastava, Nipun Verma, and Poonam Singh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    olympicoil.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L15141MH1980PLC022912

  • Company No.

    022912

  • Stock Symbol

    BSE : 507609

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jul 1980

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Agriculture

What products or services does Olympic Oil Industries Limited offer?

Olympic Oil Industries Limited offers a wide range of products and services, including Cereals & Food Grains, Dried Beans.

Who are the key members and board of directors at Olympic Oil Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Mansi Bajpai Company Secretary03-Nov-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Arvind Srivastava Country flag representing In Director 30-Aug-2024Current
Nipun Verma Country flag representing In Whole-Time Director 01-Nov-2015Current
Poonam Singh Country flag representing In Director 28-Sep-2016Current

Financial Performance of Olympic Oil Industries.

Olympic Oil Industries Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 97.69% decrease. The company also saw a substantial fall in profitability, with a 320.13% decrease in profit. The company's net worth dipped by a decrease of 1.78%.

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
-97.69%
Revenue from Operations
Total Assets
-0.22%
Profit or Loss
-320.13%
Net Worth
-1.78%
EBITDA
7.53%

What is the Ownership and Shareholding Structure of Olympic Oil Industries?

In 2022, Olympic Oil Industries had a promoter holding of 24.13% and a public holding of 75.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹485.20 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 250.00 Cr
  • Indian Overseas Bank : 235.00 Cr
  • The United Western Bank Ltd : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2016Indian Overseas Bank₹235.00 CrOpen
13 Mar 2013Oriental Bank Of Commerce₹250.00 CrOpen
06 May 1980The United Western Bank Ltd₹2.00 MOpen

How Many Employees Work at Olympic Oil Industries?

Olympic Oil Industries has a workforce of 0 employees as of Apr 03, 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 Olympic Oil Industries, 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 Olympic Oil Industries'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 Olympic Oil Industries

Recent activity within the organization

  • Annual General Meeting

    Olympic Oil Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Arvind Srivastava was appointed as a Director was appointed as a Director on 30 Aug 2024 & has been associated with this company since 5 months 24 days .

    30 Aug 2024

  • Balance Sheet

    Olympic Oil Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Mansi Bajpai was appointed as a Company Secretary was appointed as a Company Secretary on 03 Nov 2023 & has been associated with this company since 1 year 3 months .

    03 Nov 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 235.00 Cr with Charge ID 100056670 was registered on 06 Oct 2016.

    06 Oct 2016

  • Director Appointment

    Poonam Singh was appointed as a Director was appointed as a Director on 28 Sep 2016 & has been associated with this company since 8 years 4 months .

    28 Sep 2016

Frequently asked questions

  • Olympic Oil Industries Limited was incorporated on 29 Jul 1980.

  • The authorized share capital of Olympic Oil Industries Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.85 Cr.

  • Currently 4 directors are associated with Olympic Oil Industries Limited.

    • Arvind Srivastava
    • Nipun Verma
    • Poonam Singh
    • Mansi Bajpai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Olympic Oil Industries Limited is 709 C Wing One Bkc Near Indian Oil Petrol Pump G Block Bandra-Kurla Complex, Bandra (E Ast) India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Olympic Oil Industries Limited is L15141MH1980PLC022912 and the company number is 022912 as per Ministry of Corporate Affairs (MCA).

  • Yes, Olympic Oil Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Olympic Oil Industries Limited is https://www.olympicoil.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Olympic Oil Industries Limited has fallen by -97.69%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Olympic Oil Industries Limited has experienced an downturn of -1.78%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Olympic Oil Industries Limited amount to ₹ 485.20 Cr.

  • The most recent Balance Sheet for Olympic Oil Industries Limited was filed with the ROC on 31 Mar 2024.

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