Olive Business Centre Limited
About Olive Business Centre Limited
Data last updated:
Olive Business Centre Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Ecap Equities Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business support services segment of the business services sector. It was incorporated on 31 October 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PLC259032. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹21 Cr and a paid-up capital of ₹18.16 Cr. It was led by directors including Vishal Madia Narendra and Mayank Soti.
Its last annual general meeting (AGM) was held on 17 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Edelweiss House Off. C.S.T Road Kalina, Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.57 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.08 Lakh (net margin 3.7%) and EBITDA of ₹3.66 Cr (EBITDA margin 80.1%).
Company details
Contact details
Olive Business Centre Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressEdelweiss House Off. C.S.T Road Kalina, Mumbai, Maharashtra, India – 400098
- IndustryBusiness Services, Business Support Services
To see the full contact details of Olive Business Centre 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 activities of Olive Business Centre are real estate and financial and insurance service. In detail, this covers real estate activities with own or leased property and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Olive Business Centre Limited, buy the company report.
Financials of Olive Business Centre Limited
FY 2017 filings availableOlive Business Centre Limited reported revenue of ₹4.57 Cr (up 237% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 237% in the latest year. EBITDA rose 187% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹4.57 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.66 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹17.08 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 80.1% | ||
| Net Profit Margin | 3.7% | ||
| 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 Olive Business Centre Limited, buy the company report.
Board of directors of Olive Business Centre Limited
Olive Business Centre has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Madia Narendra Also directs: Ernst & Young LLP | Director | 21 Mar 2016 | 10 Years 7 Months | As last reported |
| Mayank Soti | Director | 31 Oct 2014 | 12 Years 0 Months | As last reported |
| Shailendra Motilalji Maru | Director | 31 Oct 2014 | 12 Years 0 Months | As last reported |
| Nitin Parashar Also directs: Serevia Ventures Private Limited | Director | 21 Mar 2016 | 10 Years 7 Months | As last reported |
Auditor
Olive Business Centre Limited is audited by KHANDELWAL PRAKASH MURARI BHANDARI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHANDELWAL PRAKASH MURARI BHANDARI & CO | FY 2017 | 102454W |
Shareholding
The shareholding of Olive Business Centre Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Olive Business Centre Limited, buy the company report.
Legal cases
No court or tribunal cases involving Olive Business Centre Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Olive Business Centre Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Olive Business Centre has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Olive Business Centre Limited, buy the company report.
Recent activity
Olive Business Centre Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Samir Jayantilal Doshi ceased to be Director on 30 Mar 2017.
Frequently asked questions
Olive Business Centre has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Olive Business Centre was a public limited company based in Mumbai, Maharashtra, India. The company worked in business support services, within the business services industry. It was incorporated on 31 October 2014 and is registered under CIN U74999MH2014PLC259032. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Olive Business Centre was incorporated on 31 October 2014. It is registered with the Registrar of Companies, Mumbai.
Olive Business Centre had 4 directors:
- Vishal Madia Narendra - Director
- Mayank Soti - Director
- Shailendra Motilalji Maru - Director
- Nitin Parashar - Director
The CIN (Corporate Identification Number) of Olive Business Centre is U74999MH2014PLC259032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Olive Business Centre is at Edelweiss House Off. C.S.T Road Kalina, Mumbai, Maharashtra, India – 400098.
The latest financial statements of Olive Business Centre on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 17 August 2017. Year-wise statements from 2015 are in the company report.
No. Olive Business Centre has 1 GST registration on record and it is cancelled or inactive.
Olive Business Centre operated in the business services industry, in the business support services segment.
Samir Jayantilal Doshi ceased to be Director on 30 Mar 2017. Nitin Parashar ceased to be Additional Director on 29 Sep 2016. Vishal Madia Narendra ceased to be Additional Director on 29 Sep 2016. Olive Business Centre has 8 board changes on record in total.
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