- Udyam number
- UDYAM-TN-02-0227562

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
Recognitions & Rankings of Olene Life Sciences
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
- Website
- Social Media
- Registered AddressPrince Info Park 4th Floor A Block No. 81 B 2nd Main Road Ambattur Industrial Estate, Ambattur, Chennai, Tamil Nadu, India – 600058
- IndustryPharma, Pharma Contract R&D
To see the full contact details of Olene Life Sciences Private 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
Brands
Olene Life Sciences operates one associated brand: Olene Life. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific 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 availableOlene Life Sciences Private Limited reported revenue of ₹10.14 Cr (up 169% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.61 Cr | ||||
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| Net Profit (PAT) | ₹1.85 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 25.8% | ||||
| Net Profit Margin | 18.2% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivekanand Parachur Also directs: Ocius Life Sciences Private Limited | Director | 30 Oct 2015 | 11 Years 0 Months | Current |
| Somashekara Nirvanashetty | Director | 30 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Olene Life Sciences Private Limited is audited by VDSR & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VDSR & Co. LLP | FY 2023 | 001626S/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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2024 | 100967491 | Indian Overseas Bank | ₹3 Cr | Open |
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.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Funding round | ₹1.47 Cr | Investors: 3 individuals |
| Sep 2020 | Rights issue | ₹1 Cr | Investors: 3 individuals |
| Aug 2019 | Rights issue | ₹61.8 Lakh | Investors: 3 individuals |
| Jun 2019 | Rights issue | ₹38.2 Lakh | Investors: Instapill Private Limited , 2 individuals |
| Mar 2017 | Rights issue | ₹7.5 Cr | Investors: 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.
Legal cases
No court or tribunal cases involving Olene Life Sciences Private 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
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)
| Supplier | Amount due | Due since | Reported 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCO2183K1ZG | Tamil Nadu | Active | 01 Jul 2017 |
| 29AACCF9172H1ZA | Karnataka | Active | 19 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.
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:
- Vivekanand Parachur - Director
- Somashekara Nirvanashetty - Director
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.

