Olene Life Sciences Private Limited

Olene Life Sciences Private Limited - pharma in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TN2015PTC102820 Incorporated 30 October 2015 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company pharma MSME
Data last updated
Revenue · FY 2025
₹10.14 Cr
▲ 169% YoY
Net profit · FY 2025
₹1.85 Cr
Net margin 18.2%
EBITDA · FY 2025
₹2.61 Cr
EBITDA margin 25.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.86 Lakh
Issued & subscribed
Open charges
₹3 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings

About Olene Life Sciences Private Limited

Data last updated:

Olene Life Sciences Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 30 October 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2015PTC102820. Its GSTIN is 33AACCO2183K1ZG (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.86 Lakh. It is led by directors Vivekanand Parachur and Somashekara Nirvanashetty.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Prince Info Park, Chennai, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹10.14 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.85 Cr (net margin 18.2%) and EBITDA of ₹2.61 Cr (EBITDA margin 25.8%). Revenue has grown at a compounded annual rate (CAGR) of 84% over three years and 54% over five years.

The company is associated with 1 brand: Olene Life. As per MCA filings, the company has open charges of ₹3 Cr on record. The company has 9 deals on record (5 funding rounds, 4 rights issues), with disclosed funding of ₹11.93 Cr; the latest was in October 2021. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 2 overdue payments to 2 micro and small suppliers.

Olene Life Sciences Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0227562). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olenelife.com.

Company details

CIN U74999TN2015PTC102820
Registration Number 102820
Incorporation Date 30 October 2015
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-02-0227562

Recognitions & Rankings of Olene Life Sciences

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TN-02-0227562

Contact details

Olene Life Sciences Private Limited's registered office is in Chennai, Tamil Nadu. Its website is olenelife.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Prince Info Park 4th Floor A Block No. 81 B 2nd Main Road Ambattur Industrial Estate, Ambattur, Chennai, Tamil Nadu, India – 600058
  • Industry
    Pharma, Pharma Contract R&D

To see the full contact details of Olene Life Sciences Private Limited, buy the company report.

Comprehensive company report
Olene Life Sciences 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
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Brands

Olene Life Sciences operates one associated brand: Olene Life. Each brand links to its own profile.

BrandDescriptionWebsite
Creates and supplies scientifically backed nutraceutical products for health issues worldwide.olenelife.com

Business activity

The main business activity of Olene Life Sciences is professional, scientific and technical. In detail, this covers scientific research and development.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM5Scientific research and development

To see the full business activity and turnover split of Olene Life Sciences Private Limited, buy the company report.

Financials of Olene Life Sciences Private Limited

FY 2024 filings available

Olene Life Sciences Private Limited reported revenue of ₹10.14 Cr (up 169% YoY) for FY 2025.

Revenue · FY 2025
₹10.14 Cr ▲ 169%
Net profit · FY 2025
₹1.85 Cr margin 18.2%
EBITDA · FY 2025
₹2.61 Cr margin 25.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 169%
3 years · compounded
▲ 84%
5 years · compounded
▲ 54%
EBITDA CAGR growth
1 year
▲ 152%
3 years · compounded
▲ 153%
5 years · compounded
▲ 52%

Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 169% growth in the latest year. EBITDA rose 152% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2.61 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.85 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin25.8%
Net Profit Margin18.2%
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 Olene Life Sciences Private Limited, buy the company report.

Board of directors of Olene Life Sciences Private Limited

Olene Life Sciences has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vivekanand ParachurDirector30 Oct 201511 Years 0 MonthsCurrent
Somashekara NirvanashettyDirector30 Oct 201511 Years 0 MonthsCurrent

Auditor

Olene Life Sciences Private Limited is audited by VDSR & Co. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VDSR & Co. LLPFY 2023001626S/S200085

Shareholding

The shareholding of Olene Life Sciences Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Olene Life Sciences Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Overseas Bank₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Aug 2024100967491Indian Overseas Bank₹3 CrOpen

Total charge records: 1 View all charges

Deals & funding

Olene Life Sciences Private Limited has 9 deals on record (5 funding rounds, 4 rights issues), with disclosed funding of ₹11.93 Cr; the latest was in October 2021.

Total deals
9
Funding rounds
5
Rights issues
4
Disclosed funding
₹11.93 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Oct 2021Funding round₹1.47 CrInvestors: 3 individuals
Sep 2020Rights issue₹1 CrInvestors: 3 individuals
Aug 2019Rights issue₹61.8 LakhInvestors: 3 individuals
Jun 2019Rights issue₹38.2 LakhInvestors: Instapill Private Limited , 2 individuals
Mar 2017Rights issue₹7.5 CrInvestors: Instapill Private Limited

To see the full deal history of Olene Life Sciences Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Olene Life Sciences Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Gnanlex Associates LLP
Lindstrom Services India Private Limited

To see the full MSME payment records of Olene Life Sciences Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Olene Life Sciences has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AACCO2183K1ZGTamil NaduActive01 Jul 2017
29AACCF9172H1ZAKarnatakaActive19 Aug 2022

To see the full GST registrations and return filing status of Olene Life Sciences Private Limited, buy the company report.

Recent activity

Olene Life Sciences Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Pooja Srisrimal ceased to be Additional Director on 30 Sep 2019.

AGM
Olene Life Sciences Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Indian Overseas Bank amounted to Rs. 300.00 Lakh with Charge ID 100967491 was registered on 06 Aug 2024.
Filing
Olene Life Sciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Pooja Srisrimal ceased to be Additional Director.
Appointed
Somashekara Nirvanashetty was appointed as Director.
Appointed
Vivekanand Parachur was appointed as Director.
Incorporation
30 Oct 2015
Olene Life Sciences Private Limited was registered on 30 Oct 2015 with Roc Chennai & aged 11 years 1 day as per MCA records.

Frequently asked questions

Olene Life Sciences is an active private limited company based in Chennai, Tamil Nadu, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 30 October 2015 (11+ years old) and is registered under CIN U74999TN2015PTC102820.

Olene Life Sciences has 2 current directors:

The latest financial statements of Olene Life Sciences on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Olene Life Sciences is 33AACCO2183K1ZG, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AACCF9172H1ZA (Karnataka).

The CIN (Corporate Identification Number) of Olene Life Sciences is U74999TN2015PTC102820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Olene Life Sciences was incorporated on 30 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.

Olene Life Sciences has 9 deals on record (5 funding rounds, 4 rights issues), with disclosed funding of ₹11.93 Cr; the latest was in October 2021.

Pooja Srisrimal ceased to be Additional Director on 30 Sep 2019. Somashekara Nirvanashetty was appointed as Director on 30 Oct 2015. Vivekanand Parachur was appointed as Director on 30 Oct 2015.

Yes, Olene Life Sciences is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0227562).

Olene Life Sciences has 2 MSME Form 1 returns on record between 2019 and 2020, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 19 Jun 2020.

Olene Life Sciences can be reached through the website olenelife.com. Its registered office is in Chennai, Tamil Nadu, India.