Olympic Synthetic Sacks Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.80 M
- Company Age 45 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.95 Cr
- Satisfied Charges ₹ 8.24 Cr
- Revenue Growth 0.76%
- Profit Growth -98.41%
- Ebitda -93.89%
- Net Worth 0.51%
- Total Assets 7.40%
About Olympic Synthetic Sacks
Olympic Synthetic Sacks Pvt Ltd (OSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 1979 and has a history of 45 years and six months. Its registered office is in Mehsana, Gujarat.
The Corporate was formerly known as Olympic Synthetic Sacs Private Limited. The Company is engaged in the Packaging 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 1.00 Cr and a paid-up capital of Rs 1.80 M.
The company currently has active open charges totaling ₹4.95 Cr. The company has closed loans amounting to ₹8.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dipakkumar Patel, Hardik Patel, and Dilipkumar Patel serve as directors at the Company.
Company Details
- Location Mehsana, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U11299GJ1979PTC003483
- Company No.
003483
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Aug 1979
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Olympic Synthetic Sacks?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hardik Patel  | Managing Director | 01-Dec-1997 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dipakkumar Patel | Director | 15-Jul-2003 | Current |
| Dilipkumar Patel | Additional Director | 24-Sep-2024 | Current |
Financial Performance of Olympic Synthetic Sacks.
Olympic Synthetic Sacks Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 0.76% increase. The company also saw a substantial fall in profitability, with a 98.41% decrease in profit. The company's net worth moved up by a moderate rise of 0.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Olympic Synthetic Sacks?
In 2023, Olympic Synthetic Sacks had a promoter holding of 27.21% and a public holding of 72.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Las Olas Ventures LlpDipakkumar Patel is a mutual person
Charges (Loans)
₹4.95 Cr
₹8.24 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2017 | Hdfc Bank Limited | ₹4.95 Cr | Open |
| 03 Feb 2010 | The Mehsana Urban Cooperative Bank Limited | ₹1.00 Cr | Satisfied |
| 10 Feb 2006 | State Bank Of India | ₹3.85 Cr | Satisfied |
| 25 Jan 1999 | State Bank Of India | ₹1.55 Cr | Satisfied |
| 02 Sep 1996 | The Mehsana Nagrik Sahakari Bank Ltd | ₹4.50 M | Satisfied |
How Many Employees Work at Olympic Synthetic Sacks?
Unlock and access historical data on people associated with Olympic Synthetic Sacks, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Olympic Synthetic Sacks, 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 Synthetic Sacks's trajectory.
Rating
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
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.
