About O.L.C.I. ENGINEERING
O.L.C.I. ENGINEERING is a Transportation, Automotive & Logistics company based in Turin (Italy) founded in 2006. It operates as an automotive parts are manufactured by O.L.C.I. Engineering. The company has 25 employees. Its Indian entity O.L.C.I. Engineering India Private Limited reported revenue of ₹31.94 Cr. O.L.C.I. ENGINEERING offers products and services including Cubo Framing System, Roller Hemming System, Doors Assembly Line, and Laser Welding System. Its focus areas include Auto, Auto Components and Multi Category. Its competitors include Cummins, Valeo, UNO Minda, Schaeffler and Faurecia and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
O.L.C.I. Engineering was established in 2006 in Turin, Italy, within the Piedmont region. Industrial engineering solutions are provided for various sectors, with a focus on automotive parts manufacturing. Products and services in engineering fields are offered to support industry needs. Operations are centered in Italy, addressing requirements across multiple applications.
- Headquarters Turin, Italy
- Employees 25
- SectorsTransportation, Automotive & Logistics
- Website olcieng.eu
- Legal Name O.L.C.I. Engineering India Private Limited
- Date of Incorporation 11 Jun, 2015
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹31.94 Cr
FY 2023 · -48% YoY
- Net Loss-₹1.95 Cr
FY 2023 · -6% margin
- EBITDA-₹10.09 Cr
FY 2023 · -32% margin
- Latest Funding Round$58.76K (USD), Grant
Jul 2017
- InvestorsEuropean Union
& 1 more
- Employee Count25
Associated legal entities of O.L.C.I. ENGINEERING
O.L.C.I. ENGINEERING operates through O.L.C.I. Engineering India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| O.L.C.I. Engineering India Private Limited CIN U29100PN2015FTC155379 | Active | 11 Jun 2015 | Pune, Maharashtra | ₹31.9 Cr | 25 | 3 | View details |
Products & Services of O.L.C.I. ENGINEERING
O.L.C.I. ENGINEERING offers a comprehensive portfolio of products and services, including Cubo Framing System, Roller Hemming System, Doors Assembly Line, and Laser Welding System.
Patented system for flexible multi-model production lines.
Electromechanical system for precise automotive hemming processes.
Line for efficient door production with high productivity.
System for steel and aluminium welding in railway applications.
Funding Insights of O.L.C.I. ENGINEERING
- Total Rounds 3
- Last Round Grant — $58,758
- First Round $52,286
(Jan 2017)
- Investors Count 2
All 3 funding rounds of O.L.C.I. ENGINEERING with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $58,758 | Grant | – | – | |
| Feb 2017 | $53,830 | Grant | – | – | |
| Jan 2017 | $52,286 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in O.L.C.I. ENGINEERING
O.L.C.I. ENGINEERING has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for O.L.C.I. ENGINEERING
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of O.L.C.I. Engineering India Private Limited (O.L.C.I. ENGINEERING)
O.L.C.I. Engineering India Private Limited is the primary company behind O.L.C.I. ENGINEERING. The board of O.L.C.I. Engineering India Private Limited currently have 3 directors; the longest-serving is Alberto Durando, appointed in 2017. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Alberto Durando DIN 08017337 | Director | 16 Dec 2017 | 8 yrs 10 mo | O.L.C.I. Engineering India Private Limited |
| George Naduvilaveettil Antony DIN 03458619 | Director | 24 Mar 2023 | 3 yrs 6 mo | O.L.C.I. Engineering India Private Limited |
| Fabrizio Ceresa DIN 07175724 | Director | 30 Dec 2024 | 1 yr 9 mo | O.L.C.I. Engineering India Private Limited |
Financials of O.L.C.I. ENGINEERING
Figures of O.L.C.I. Engineering India Private Limited, the primary company behind O.L.C.I. ENGINEERING, for FY 2023. Revenue was ₹31.94 Cr (-48% year on year). Net loss was -₹1.95 Cr (-6% margin). EBITDA was -₹10.09 Cr (-32% margin). Revenue has grown at a compounded annual rate of -3% over three years and +33% over five years.
- ₹31.94 CrRevenue · FY 2023 · -48% YoY
- -₹1.95 CrNet loss · -6% margin
- -₹10.09 CrEBITDA · -32% margin
- ₹59.99 CrPaid-up capital
- 25Employees (provident fund records)
- -3%Revenue CAGR, 3 years
- +33%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of O.L.C.I. Engineering India Private Limited are on its company page.
Detailed financial statements for O.L.C.I. ENGINEERING
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of O.L.C.I. ENGINEERING
3 dated milestones of O.L.C.I. ENGINEERING across 11 years, from founding to its latest funding, stage changes and deals.
- Founded O.L.C.I. ENGINEERING is founded.
- Funding First funding round of $52K.
- Funding Latest funding round, Grant, of $59K.
Competitors of O.L.C.I. ENGINEERING
O.L.C.I. ENGINEERING has 9 listed competitors in our database, 2 of them funded. They include Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cummins.com | 1919 | United States | – | 36,826 | Manufacturer of gas-powered construction equipment | |
| valeo.com | 1923 | Paris, France | – | 124 | Automotive products and services are supplied globally to automakers. | |
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| schaeffler.com | 1946 | Herzogenaurach, Germany | – | 90,151 | Manufacturer of bearings for the automotive industry | |
| faurecia.com | 1997 | Nanterre, France | – | – | Automotive components and systems are manufactured for vehicles. | |
| ranegroup.com | 1929 | Chennai, India | – | 172 | Major auto components are manufactured and supplied to OEMs. | |
| hutchinson.com | 1853 | Paris, France | – | 54 | Manufacturer and supplier of major auto components | |
| novaresteam.com | 1955 | Clamart, France | $32.95M | 167 | Major auto components are manufactured and supplied globally. | |
| zf.com | 1915 | Friedrichshafen, Germany | – | 168,700 | Mobility systems are developed for cars, vehicles, and industrial uses. |
Detailed competitors of O.L.C.I. ENGINEERING
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Automotive Manufacturing & Components
10 companies that operate in the same segment as O.L.C.I. ENGINEERING (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of infotainment and audio solutions for multiple sectors | 1980 | Stamford, Connecticut, United States | – | – | – | |
Manufacturer of gas-powered construction equipment | 1919 | United States | – | USD 1.21 B | 5,230 | |
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of forklifts, warehouse equipment and other industrial trucks | 2006 | Germany | USD 587.14 M | USD 13.28 B | 42,720 | |
Automobiles and related products are manufactured by Volvo Cars. | 1927 | Goteborg, Vastra Gotaland, Sweden | USD 1.07 B | USD 38.79 B | 42,600 | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | Irvine, California, United States | – | USD 79.03 B | 35,750 | |
Automotive manufacturing company | 1916 | Munchen, Bayern, Germany | – | USD 156.8 B | – | |
Rechargeable batteries are distributed globally by BYD. | 1994 | Los Angeles, California, United States | – | – | 269 | |
Automotive vehicles including cars, trucks, and SUVs are manufactured. | 1957 | Plano, Texas, United States | – | – | – | |
Motorcycles are manufactured, along with parts, apparel, and financial services. | 1903 | Milwaukee, Wisconsin, United States | – | USD 4.47 B | 5,900 |
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Frequently Asked Questions about O.L.C.I. ENGINEERING
O.L.C.I. ENGINEERING was founded in 2006 and raised its 1st funding round 11 years after it was founded.
O.L.C.I. ENGINEERING is headquartered in Turin, Italy. It is registered at Turin, Piedmont, Italy.
O.L.C.I. ENGINEERING has 25 employees.
The primary company behind O.L.C.I. ENGINEERING, O.L.C.I. Engineering India Private Limited, reported revenue of ₹31.94 Cr for FY 2023, down 48% year on year.
O.L.C.I. Engineering was established in 2006 in Turin, Italy, within the Piedmont region. Industrial engineering solutions are provided for various sectors, with a focus on automotive parts manufacturing. Products and services in engineering fields are offered to support industry needs. Operations are centered in Italy, addressing requirements across multiple applications.
O.L.C.I. ENGINEERING offers Cubo Framing System, Roller Hemming System, Doors Assembly Line, and Laser Welding System.
O.L.C.I. ENGINEERING has 2 investors. Key investors include European Union, and EIC Fund.
O.L.C.I. ENGINEERING operates through O.L.C.I. Engineering India Private Limited.
The legal entities of O.L.C.I. ENGINEERING currently have 3 directors, including Fabrizio Ceresa, Alberto Durando, George Naduvilaveettil Antony.