Olympic Sportsware & Equipments Private Limited

Manufactures and supplies a variety of sports products, including gym equipment and track and field equipment.

1989 | Bangaluru, Karnataka (India) | Under Insolvency
Last Updated: January 17, 2025

Olympic Sportsware & Equipments Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.73 Cr
  • Company Age 36 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 9.45 Cr
  • Satisfied Charges ₹ 10.65 Cr
  • Revenue Growth -100.00%
  • Profit Growth -25.38%
  • Ebitda -311.54%
  • Net Worth -14.88%
  • Total Assets -6.35%

About Olympic Sportsware & Equipments

Olympic Sportsware & Equipments Private Limited (OSEPL) is Under Cirp company established on 02 Jan 1989 with its office registered at Bangaluru, Karnataka, India and has been running since 36 Year, 1 Month with a paid up capital of 1.73 Cr. According to MCA records, 2 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36931KA1989PTC009742

  • Company No.

    009742

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jan 1989

  • Date of AGM

    13 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods

What products or services does Olympic Sportsware & Equipments Private Limited offer?

Olympic Sportsware & Equipments Private Limited offers a wide range of products and services, including Billiards Equipment & Accessories, Billiard Table, Table Tennis Equipment & Accessories, Table Tennis Table, Indoor Games Table, Pool Tables, Kids Play Equipment, Outdoor Playground Equipment, Outdoor Gym Equipments, Seesaw.

Who are the key members and board of directors at Olympic Sportsware & Equipments?

Executive Team (1)

Name Designation Appointment Date Status
Chittlur Ashokkumar Country flag representing In Managing Director 06-Jun-2002 Current

Board Members (1)

Name Designation Appointment Date Status
Akilesh Chittlur Country flag representing In Director 22-Mar-2012 Current

Financial Performance of Olympic Sportsware & Equipments.

Olympic Sportsware & Equipments Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 25.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.88%.

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
-100.00%
Revenue from Operations
-100.00%
Total Assets
-6.35%
Profit or Loss
-25.38%
Net Worth
-14.88%
EBITDA
-311.54%

What is the Ownership and Shareholding Structure of Olympic Sportsware & Equipments?

In 2022, Olympic Sportsware & Equipments had a public holding of 44.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.45 Cr

Satisfied Charges

₹10.65 Cr

Charges Breakdown by Lending Institutions

  • The National Co-Operative Bank Ltd : 9.00 Cr
  • K.S.F.C. : 0.30 Cr
  • The Vysya Bank Ltd : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
10 Jan 2015 The National Co-Operative Bank Ltd ₹9.00 Cr Open
17 Nov 2005 K.S.F.C. ₹0.85 M Open
17 May 2005 K.S.F.C. ₹2.15 M Open
13 Dec 1997 The Vysya Bank Ltd ₹0.40 M Open
13 Dec 1997 The Vysya Bank Ltd ₹0.40 M Open

How Many Employees Work at Olympic Sportsware & Equipments?

Unlock and access historical data on people associated with Olympic Sportsware & Equipments, 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 Olympic Sportsware & Equipments, 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 Sportsware & Equipments'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 Sportsware & Equipments

Recent activity within the organization

  • Annual General Meeting

    Olympic Sportsware & Equipments Private Limited last Annual general meeting of members was held on 13 Sep 2022 as per latest MCA records.

    13 Sep 2022

  • Balance Sheet

    Olympic Sportsware & Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Charges

    A charge registered on 13 Oct 2010 via Charge ID 10251528 with Karnataka Bank Ltd was fully satisfied on 16 Jan 2015.

    16 Jan 2015

  • Charges

    A charge with The National Co-Operative Bank Ltd amounted to Rs. 9.00 Cr with Charge ID 10546827 was registered on 10 Jan 2015.

    10 Jan 2015

  • Charges

    A charge registered on 21 Jan 2014 via Charge ID 10479708 with Sir M Visvesvaraya Co-Operative Bank Limited was fully satisfied on 10 Jan 2015.

    10 Jan 2015

  • Charges

    A charge with Sir M Visvesvaraya Co-Operative Bank Limited of Rs. 6.22 Cr registered on 21 Jan 2014 with Charge ID 10479708 was modified on 13 Feb 2014.

    13 Feb 2014

Frequently asked questions

  • Olympic Sportsware & Equipments Private Limited was incorporated on 02 Jan 1989.

  • The authorized share capital of Olympic Sportsware & Equipments Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.73 Cr.

  • Currently 2 directors are associated with Olympic Sportsware & Equipments Private Limited.

    • Chittlur Venkatanarayanasetty Ashokkumar
    • Akilesh Naga Ashok Kumar Chittlur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Olympic Sportsware & Equipments Private Limited is Plot No. 9 4Th Phase Bommasandra Industrial Area (Sub-Layout), Hosur Road India, Bangalore, Karnataka, 560099.

  • The corporate identification number (CIN) of Olympic Sportsware & Equipments Private Limited is U36931KA1989PTC009742 and the company number is 009742 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Olympic Sportsware & Equipments Private Limited is https://www.oselindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Olympic Sportsware & Equipments Private Limited has fallen by -100.00%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Olympic Sportsware & Equipments Private Limited has experienced an downturn of -14.88%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Olympic Sportsware & Equipments Private Limited amount to ₹ 9.45 Cr.

  • The most recent Balance Sheet for Olympic Sportsware & Equipments Private Limited was filed with the ROC on 31 Mar 2022.

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