Olympic Synthetic Sacks Pvt Ltd

Manufactures HDPE/PP woven sacks/bags, fabric, and tarpaulin for packing various commodities like fertilizers and chemicals.

1979 | Mehsana, Gujarat (India) | Active
Last Updated:

Olympic Synthetic Sacks Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.80 M
  • Company Age 45 Year, 7 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 seven 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

Packaging

Who are the key members and board of directors at Olympic Synthetic Sacks?

Executive Team (1)

NameDesignationAppointment DateStatus
Hardik Patel Country flag representing In Managing Director01-Dec-1997Current

Board Members (2)

NameDesignationAppointment DateStatus
Dipakkumar Patel Country flag representing In Director 15-Jul-2003Current
Dilipkumar Patel Additional Director 24-Sep-2024Current

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%.

Olympic Synthetic Sacks revenue growth over time
Olympic Synthetic Sacks 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
0.76%
Revenue from Operations
0.71%
Total Assets
7.40%
Profit or Loss
-98.41%
Net Worth
0.51%
EBITDA
-93.89%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.95 Cr

Satisfied Charges

₹8.24 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.95 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2017Hdfc Bank Limited₹4.95 CrOpen
03 Feb 2010The Mehsana Urban Cooperative Bank Limited₹1.00 CrSatisfied
10 Feb 2006State Bank Of India₹3.85 CrSatisfied
25 Jan 1999State Bank Of India₹1.55 CrSatisfied
02 Sep 1996The Mehsana Nagrik Sahakari Bank Ltd₹4.50 MSatisfied

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.

Employee growth trends for Olympic Synthetic Sacks Pvt Ltd

Deals i

Graph showing company valuation over time

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

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 Synthetic Sacks

Recent activity within the organization

  • Director Appointment

    Dilipkumar Keshavlal Patel was appointed as a Additional Director was appointed as a Additional Director on 24 Sep 2024 & has been associated with this company since 6 months 6 days .

  • Annual General Meeting

    Olympic Synthetic Sacks Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Olympic Synthetic Sacks Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 4.95 Cr registered on 31 May 2017 with Charge ID 100117269 was modified on 04 Jul 2019.

  • Charges

    A charge registered on 10 Feb 2006 via Charge ID 80036215 with State Bank Of India was fully satisfied on 03 Jul 2017.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.95 Cr with Charge ID 100117269 was registered on 31 May 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Olympic Synthetic Sacks Pvt Ltd?

    Olympic Synthetic Sacks Pvt Ltd was incorporated on 16 Aug 1979.

  • What is authorized share capital and paid-up capital of Olympic Synthetic Sacks Pvt Ltd?

    The authorized share capital of Olympic Synthetic Sacks Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 1.80 M.

  • Who are the current board members & directors of Olympic Synthetic Sacks Pvt Ltd?

    Currently 3 directors are associated with Olympic Synthetic Sacks Pvt Ltd.

    • Dipakkumar Keshavlal Patel
    • Hardik Dilipkumar Patel
    • Dilipkumar Keshavlal Patel

  • What is the registered address of Olympic Synthetic Sacks Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Olympic Synthetic Sacks Pvt Ltd is 154/155/159/160Gidc Phase India, Mehsana, Gujarat.

  • What is the corporate identification number (CIN) and company number of Olympic Synthetic Sacks Pvt Ltd?

    The corporate identification number (CIN) of Olympic Synthetic Sacks Pvt Ltd is U11299GJ1979PTC003483 and the company number is 003483 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Olympic Synthetic Sacks Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Olympic Synthetic Sacks Pvt Ltd has risen by 0.76%.

  • What change has been observed in the net worth of Olympic Synthetic Sacks Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Olympic Synthetic Sacks Pvt Ltd has experienced an upsurge of 0.51%.

  • What are the total open charges for Olympic Synthetic Sacks Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Olympic Synthetic Sacks Pvt Ltd amount to ₹ 4.95 Cr.

  • When was the last Balance Sheet of Olympic Synthetic Sacks Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Olympic Synthetic Sacks Pvt Ltd was filed with the ROC on 31 Mar 2023.

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