DPIIT recognised startup Government of India
Startup India
Olivefin Solutions Private Limited
Olivefin Solutions Private Limited - internet in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2025
₹22,640
▲ 4% YoY
Net loss · FY 2025
₹16,394
Net margin -72.4%
EBITDA · FY 2025
-₹16,394
EBITDA margin -72.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Olivefin Solutions Private Limited
Data last updated:
Olivefin Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 31 August 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67110TN2022PTC155033.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mahadevan Balakrishnan and Durgaprasad Nilkund.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Iit Madras Research Park No. 1 Fa 1st Floor Kanagam Road Taramani, Chennai, Tamil Nadu, India – 600113.
As per the financials filed for FY 2025, the company reported a revenue of ₹22,640, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹16,394 (net margin -72.4%) and EBITDA of -₹16,394 (EBITDA margin -72.4%).
Company Details of Olivefin Solutions Private Limited
CIN U67110TN2022PTC155033
Registration Number 155033
Incorporation Date 31 August 2022
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Olivefin Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressIit Madras Research Park No. 1 Fa 1st Floor Kanagam Road Taramani, Chennai, Tamil Nadu, India – 600113
- IndustryInternet, Online Financial Services
Comprehensive company report
Olivefin Solutions Private Limited - one report that includes everything
- 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Olivefin Solutions Private Limited
The main business activity of Olivefin Solutions is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Olivefin Solutions Private Limited FY 2025 filings available
Olivefin Solutions Private Limited reported revenue of ₹22,640 (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹22,640 ▲ 4%
Net loss · FY 2025
₹16,394 margin -72.4%
EBITDA · FY 2025
-₹16,394 margin -72.4%
Compounded Annual Growth Rate (CAGR) of Olivefin Solutions Private Limited
Revenue CAGR growth
1 year
▲ 4%
EBITDA CAGR growth
1 year
▲ 82%
Revenue rose 4% in the latest year. EBITDA rose 82% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Olivefin Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹16,394 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16,394 | •••• | •••• |
| 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 of Olivefin Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -72.4% | •••• | •••• |
| Net Profit Margin | -72.4% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Olivefin Solutions are in the company report.
Premium access
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Olivefin Solutions Private Limited
Olivefin Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahadevan Balakrishnan Also directs: Sasvitha Home Finance Limited | Director | 31 Aug 2022 | 4 Years 1 Months | Current |
| Durgaprasad Nilkund | Director | 31 Aug 2022 | 4 Years 1 Months | Current |
Peer Comparison of Olivefin Solutions Private Limited
Olivefin Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| God Gift Motor and General Finance Private Limited | ₹23,000 (FY 2019) | •••• | •••• | -86.0% | •••• | Sonipat, Haryana, India |
| Merigunj Netaji Micro Finance Private Limited | ₹23,000 (FY 2025) | •••• | •••• | •••• | Canning, West Bengal, India | |
| Shahu Housing Finance and Development Company Private Limited | ₹23,000 (FY 2025) | •••• | •••• | 2.0% | •••• | Nagpur, Maharashtra, India |
| Alokik Finance and Investment Pvt Ltd | ₹22,800 (FY 2025) | •••• | •••• | 9.0% | •••• | Raipur, Chhattisgarh, India |
| Sovereign Global Finance Private Limited | ₹22,732 (FY 2017) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Olivefin Solutions Private Limited this company | ₹22,640 (FY 2025) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Commercial and Industrial Finance Private Limited | ₹22,631 (FY 2025) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Chintan Securities and Finance Private Limited | ₹22,500 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Dolly Leasing and Finance Pvt Ltd | ₹22,215 (FY 2024) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Active Chit Fund and Finance Pvt Ltd | ₹22,149 (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Mithun Chit Fund and Finance Private Limited | ₹22,000 (FY 2024) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Olivefin Solutions by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Olivefin Solutions Private Limited
Olivefin Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Olivefin Solutions Private Limited
Employment history and EPFO contributions of people linked to Olivefin Solutions.
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Olivefin Solutions Private Limited
Olivefin Solutions Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Durgaprasad Nilkund was appointed as Director on 31 Aug 2022.
AGM
Olivefin Solutions Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Filing
Olivefin Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Durgaprasad Nilkund was appointed as Director.
Appointed
Mahadevan Balakrishnan was appointed as Director.
Incorporation
31 Aug 2022
Olivefin Solutions Private Limited was registered on 31 Aug 2022 with Roc Chennai & aged 4 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Olivefin Solutions Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Olivefin Solutions Private Limited
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Olivefin Solutions Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Olivefin Solutions Private Limited
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Olivefin Solutions Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Olivefin Solutions Private Limited
Olivefin Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in online financial services, within the internet industry. It was incorporated on 31 August 2022 (4+ years old) and is registered under CIN U67110TN2022PTC155033.
Olivefin Solutions reported revenue of ₹22,640 for FY 2025 (up 4% YoY).
Olivefin Solutions has 2 current directors:
- Mahadevan Balakrishnan - Director
- Durgaprasad Nilkund - Director
Olivefin Solutions reported a net loss of ₹16,394 (net margin -72.4%) and EBITDA of -₹16,394 (EBITDA margin -72.4%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Olivefin Solutions is U67110TN2022PTC155033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olivefin Solutions was incorporated on 31 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Olivefin Solutions by revenue are God Gift Motor and General Finance Private Limited, Merigunj Netaji Micro Finance Private Limited, Shahu Housing Finance and Development Company Private Limited, Alokik Finance and Investment Pvt Ltd, Sovereign Global Finance Private Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Durgaprasad Nilkund was appointed as Director on 31 Aug 2022. Mahadevan Balakrishnan was appointed as Director on 31 Aug 2022.
Yes, Olivefin Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Olivefin Solutions is at Iit Madras Research Park No. 1 Fa 1st Floor Kanagam Road Taramani, Chennai, Tamil Nadu, India – 600113.
Olivefin Solutions has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh.