Oleoco IT Labs Private Limited
About Oleoco IT Labs Private Limited
Data last updated:
Oleoco IT Labs Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC146263. Its GSTIN is 36AADCO3248A1ZU (Telangana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Mohd Parvez Masood (Managing Director) and Mohd Sarfaraaz Masood.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2022, the company reported a revenue of ₹48.46 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.12 Lakh (net margin 6.4%) and EBITDA of ₹19.67 Lakh (EBITDA margin 40.6%).
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Oleoco IT Labs Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressAwfis Space Solutions Level 4 N Heights Plot No 38 Phase 2 Siddiq Nagar Hitec, City, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Oleoco IT Labs Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Oleoco IT Labs is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Oleoco IT Labs Private Limited, buy the company report.
Financials of Oleoco IT Labs Private Limited
FY 2022 filings availableOleoco IT Labs Private Limited reported revenue of ₹48.46 Lakh (up 2249% YoY) for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹48.46 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹19.67 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.12 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 40.6% | |
| Net Profit Margin | 6.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Oleoco IT Labs Private Limited, buy the company report.
Board of directors of Oleoco IT Labs Private Limited
Oleoco IT Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Sarfaraaz Masood Also directs: Blocx IT Labs Private Limited | Director | 25 Nov 2020 | 5 Years 11 Months | Current |
| Mohd Parvez Masood Also directs: Blocx IT Labs Private Limited | Managing Director | 25 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Oleoco IT Labs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Overhaul Technologies Private Limited | ₹48.57 Lakh (FY 2023) | 25.0% | New Delhi, Delhi, India | |||
| The Web Conz Technologies Private Limited | ₹48.53 Lakh (FY 2016) | 117.0% | New Delhi, Delhi, India | |||
| Just Online Solutions Private Limited | ₹48.49 Lakh (FY 2024) | 73.0% | Ernakulam, Kerala, India | |||
| Fono Technologies Private Limited | ₹48.47 Lakh (FY 2018) | -10.0% | Gurgaon, Haryana, India | |||
| Al Bazim Exim Private Limited | ₹48.47 Lakh (FY 2024) | 340.0% | Ernakulam, Kerala, India | |||
| Oleoco IT Labs Private Limitedthis company | ₹48.46 Lakh (FY 2022) | ₹3.12 Lakh | 6.4% | 2249.0% | Hyderabad, Telangana, India | |
| The Zero Games Private Limited | ₹48.45 Lakh (FY 2019) | -45.0% | Mumbai, Maharashtra, India | |||
| Blue Wings Technologies Private Limited | ₹48.4 Lakh (FY 2025) | 1576322.0% | Shimla, Himachal Pradesh, India | |||
| Sarva Suvidhaen Private Limited | ₹48.36 Lakh (FY 2025) | 1224.0% | Punpun, Bihar, India | |||
| Crystal Information Technology Private Limited | ₹48.35 Lakh (FY 2025) | -17.0% | Thane, Maharashtra, India | |||
| Unlimiteye Solutions Private Limited | ₹48.26 Lakh (FY 2024) | -71.0% | Banaglore, Karnataka, India |
To see the full peer comparison of Oleoco IT Labs Private Limited, buy the company report.
Auditor
Oleoco IT Labs Private Limited is audited by SIVA NAGESWARA RAO & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVA NAGESWARA RAO & CO | FY 2022 | 021928S |
Shareholding
The shareholding of Oleoco IT Labs Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Oleoco IT Labs Private Limited, buy the company report.
Legal cases
Oleoco IT Labs Private Limited has 1 court case on record: 1 filed by Oleoco IT Labs. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CRL.RP) | Filed by the company against State of Karnataka by | Disposed |
To see the full case history of Oleoco IT Labs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Oleoco IT Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Oleoco IT Labs Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Oleoco IT Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCO3248A1ZU | Telangana | Active | 18 Dec 2020 |
To see the full GST registrations and return filing status of Oleoco IT Labs Private Limited, buy the company report.
Recent activity
Oleoco IT Labs Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Mohd Parvez Masood was appointed as Managing Director on 25 Nov 2020.
Frequently asked questions
Oleoco IT Labs is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 November 2020 (6+ years old) and is registered under CIN U72900TG2020PTC146263.
Oleoco IT Labs has 2 current directors:
- Mohd Parvez Masood - Managing Director
- Mohd Sarfaraaz Masood - Director
The latest financial statements of Oleoco IT Labs on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Oleoco IT Labs is 36AADCO3248A1ZU, registered in Telangana.
The CIN (Corporate Identification Number) of Oleoco IT Labs is U72900TG2020PTC146263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oleoco IT Labs has 1 court case on record: 1 filed by the company.
Oleoco IT Labs was incorporated on 25 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Oleoco IT Labs by revenue are Overhaul Technologies Private Limited, The Web Conz Technologies Private Limited, Just Online Solutions Private Limited, Fono Technologies Private Limited, Al Bazim Exim Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Mohd Parvez Masood was appointed as Managing Director on 25 Nov 2020. Mohd Sarfaraaz Masood was appointed as Director on 25 Nov 2020.
The registered office of Oleoco IT Labs is at Awfis Space Solutions Level 4 N Heights Plot No 38 Phase 2 Siddiq Nagar Hitec, City, Hyderabad, Telangana, India – 500081.
Oleoco IT Labs operates in the information technology industry, in the application development and software solutions segment.