Ola Financial Services Private Limited, a active private limited company, was established on 24 February 2007 in Bangalore South, Karnataka, India. Engaging in digital payment solutions within the information and communication sector, it holds CIN: U22219KA2007PTC127705. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹4.93 Cr and a paid-up capital of ₹4.21 Cr.
Formerly known as Zipcash Card Services Private Limited. It upholds a compliant status. Employing 125 professional, Its leadership includes Harish Abichandani (Director), Bhavish Aggarwal (Director), Arun Sarin (Director). Past directors included Gaurav Porwal, Hemant Kaul, Mitesh Jitendra Shah. It holds ₹79.76 Cr open charges and no settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at Ola Campus, C Wing, Prestige Rmz Startech, Kormangala, Bangalore South, Karnataka, 560095.
U22219KA2007PTC127705
127705
24 February 2007
₹4.93 Cr
₹4.21 Cr
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harish Abichandani | Director | 14 Feb 2024 | Current |
| Bhavish Aggarwal | Director | 03 Feb 2020 | Current |
| Arun Sarin | Director | 03 Feb 2020 | Current |
| Krishnamurthy Venugopala Tenneti | Director | 03 Feb 2020 | Current |
| Ankush Aggarwal | Director | 13 Jun 2022 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 21 Feb 2022 | Past |
| Pramod Abcsdd | Additional Director | 24 Nov 2020 | Past |
| Pramod Abcsdd | Director | 08 Dec 2016 | Past |
| Pramod Abcsdd | Additional Director | 27 Sep 2019 | Past |
| Pramod Abcsdd | Additional Director | 24 Nov 2020 | Past |
| Pramod Abcsdd | Director | 05 Jun 2015 | Past |
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Ola Financial Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.1% decrease. The company also saw a substantial fall in profitability, with a 729.49% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22%.
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In 2023, Ola Financial Services had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹797,628,953.13
₹0
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2014 | Others | ₹79.76 Cr | Open |
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Ola Financial Services has a workforce of 125 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Ola Financial Services, 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 Ola Financial Services's trajectory.
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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.
Progress on Ola Financial Services Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was documented.
Ola Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.
Harish Abichandani was appointed as a Director was appointed as a Director on 14 Feb 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.
The activity A charge with Others of Rs. 79.76 Cr registered on 24 Dec 2014 with Charge ID 10540680 was modified on 03 Jan 2023. was completed.
Ankush Aggarwal was appointed as a Director was appointed as a Director on 13 Jun 2022 & has been associated with this company since 3 years 5 months . was recorded as a recent event.
The activity Bhavish Aggarwal was appointed as a Director was appointed as a Director on 03 Feb 2020 & has been associated with this company since 5 years 9 months . was completed.
RBI: "You broke the rules, Yes Bank and ZipCash. Penalty time!" *slaps with Rs 11.25 lakh each* #NonCompliant #PayUp #RBI #YesBank #ZipCash.
The CIN of Ola Financial Services Private Limited is U22219KA2007PTC127705.
Ola Financial Services Private Limited is headquartered at Ola Campus, C Wing, Prestige Rmz Startech, Kormangala, Bangalore South, Karnataka, 560095.
Ola Financial Services Private Limited was incorporated on 24 February 2007.
The current directors of Ola Financial Services Private Limited are
The primary industry of Ola Financial Services Private Limited is Information And Communication.
Ola Financial Services Private Limited is unlisted.
The authorized capital of Ola Financial Services Private Limited is ₹4.93 Cr, and the paid-up capital is ₹4.21 Cr.
The compliance status of Ola Financial Services Private Limited is Compliant.
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