Olety Carz Private Limited Company Logo

Olety Carz Private Limited - Company Profile

It is a automotive private limited company based in Karnataka, Karnataka, India, established in 1999.

1999 | Karnataka, Karnataka, India | Active
Last Updated:

About Olety Carz Private Limited

Olety Carz Private Limited, a active private limited company, was established on 01 December 1999 in Karnataka, Karnataka, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50101KA1999PTC026013. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.77 M.

It upholds a compliant status. Its leadership includes Arathi Santosh (Director), Olety Venkataram Santoshkumar (Managing Director), Abhishek Santosh Olety (Director). Past directors included Abhishek Santosh Olety. It holds ₹1.62 Cr open charges and ₹1.25 Cr settled loans. Its latest AGM occurred on 25 November 2024, with the balance sheet filed on 31 March 2024. It is based at No 41, 1St Floor,Sajjan Rao Road, V V Puram, Bangalore, Karnataka, Karnataka, 560004.

Company Details

  • CIN/LLPIN

    U50101KA1999PTC026013

  • Registration Number

    026013

  • Incorporation Date

    01 December 1999

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.77 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.77 M
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.62 Cr
  • Satisfied Charges ₹ 1.25 Cr
  • Revenue Growth -19.37%
  • Profit Growth -6.63%
  • Ebitda -36.02%
  • Net Worth 1.14%
  • Total Assets -5.32%
Company report

Olety Carz Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Olety Carz Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Olety Carz Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Arathi SantoshDirector01 Dec 1999Current
Olety Venkataram SantoshkumarManaging Director01 Dec 1999Current
Abhishek Santosh OletyDirector08 Oct 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Nov 2021Past

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Financial Performance of Olety Carz.

Olety Carz Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 19.37% decrease. The company also saw a slight decrease in profitability, with a 6.63% decrease in profit. The company's net worth moved up by a moderate rise of 1.14%.

Olety Carz revenue growth over time
Olety Carz profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-19.37%
Revenue from Operations
-19.98%
Total Assets
-5.32%
Profit or Loss
-6.63%
Net Worth
1.14%
EBITDA
-36.02%

What is the Ownership and Shareholding Structure of Olety Carz?

In 2020, Olety Carz had a promoter holding of 92.84% and a public holding of 7.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹16,200,000.00

Satisfied Charges

₹12,500,000.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.82 Cr
  • Others : 0.65 Cr
  • Tata Capital Financial Services Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2021Axis Bank Limited₹8.20 MOpen
29 Sep 2020Tata Capital Financial Services Limited₹1.50 MOpen
22 Mar 2017Others₹6.50 MOpen
11 Sep 2008Corporation Bank₹1.25 CrSatisfied

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How Many Employees Work at Olety Carz?

Unlock and access historical data on people associated with Olety Carz, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Olety Carz Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Olety Carz, 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 Olety Carz's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Olety Carz

Recent Activity within the Organization

  • Annual General Meeting

    Olety Carz Private Limited last Annual general meeting of members was held on 25 Nov 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Olety Carz Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 8.20 M with Charge ID 100517922 was registered on 28 Dec 2021. was documented.

  • Director Appointment

    Progress on Abhishek Santosh Olety was appointed as a Director was appointed as a Director on 08 Oct 2021 & has been associated with this company since 4 years 1 month . was documented.

  • Charges

    Progress on A charge with Tata Capital Financial Services Limited amounted to Rs. 1.50 M with Charge ID 100381131 was registered on 29 Sep 2020. was documented.

  • Charges

    Progress on A charge with Others of Rs. 6.50 M registered on 22 Mar 2017 with Charge ID 100090574 was modified on 23 Mar 2017. was documented.

Frequently Asked Questions

  • What is the CIN of Olety Carz Private Limited?

    The CIN of Olety Carz Private Limited is U50101KA1999PTC026013.

  • Where is Olety Carz Private Limited headquartered?

    Olety Carz Private Limited is headquartered at No 41, 1St Floor,Sajjan Rao Road, V V Puram, Bangalore, Karnataka, Karnataka, 560004.

  • When was Olety Carz Private Limited incorporated?

    Olety Carz Private Limited was incorporated on 01 December 1999.

  • Who are the current directors of Olety Carz Private Limited?

    The current directors of Olety Carz Private Limited are

  • What is the primary industry of Olety Carz Private Limited?

    The primary industry of Olety Carz Private Limited is Trade.

  • Is Olety Carz Private Limited a listed company?

    Olety Carz Private Limited is unlisted.

  • What is the capital structure of Olety Carz Private Limited?

    The authorized capital of Olety Carz Private Limited is ₹5.00 M, and the paid-up capital is ₹3.77 M.

  • What is the compliance status of Olety Carz Private Limited?

    The compliance status of Olety Carz Private Limited is Compliant.

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