MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0055363
Oli Vibrators India Private Limited - metals and minerals in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹75.08 Cr
▲ 26% YoY
Net profit · FY 2024
₹3.69 Cr
Net margin 4.9%
EBITDA · FY 2024
₹5.89 Cr
EBITDA margin 7.9%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
22
Provident fund records
Directors on board
5
As per MCA filings
About Oli Vibrators India Private Limited
Data last updated:
Oli Vibrators India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Oli S.P.A. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 03 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29222KA2015FTC081373. Its GSTIN is 29AACCO1667Q1ZQ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Sundaram Subramaniam Iyer (Managing Director) and Luca Bonisoli.
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 Plot No.84/85 7th Main 3rd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹75.08 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹3.69 Cr (net margin 4.9%) and EBITDA of ₹5.89 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 17% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company has 1 deal on record (1 rights issue); the latest was in March 2017. The company has 2 MSME Form 1 returns on record between 2020 and 2021, listing 5 overdue payments to 4 micro and small suppliers.
Oli Vibrators India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0055363). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olivibra.com.
Company details
CIN U29222KA2015FTC081373
Registration Number 081373
Incorporation Date 03 July 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Oli S.P.A
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0055363
Key People
Sundaram Subramaniam Iyer Managing Director Luca Bonisoli Director Giorgio Gavioli Director Recognitions & Rankings of Oli Vibrators India
Contact details
Oli Vibrators India Private Limited's registered office is in Bangalore, Karnataka. Its website is olivibra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.84/85 7th Main 3rd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Oli Vibrators India Private Limited, buy the company report.
Comprehensive company report
Oli Vibrators India 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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Business activity
The main business activity of Oli Vibrators India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Oli Vibrators India Private Limited, buy the company report.
Financials of Oli Vibrators India Private Limited
FY 2024 filings availableOli Vibrators India Private Limited reported revenue of ₹75.08 Cr (up 26% YoY) for FY 2024.
Revenue · FY 2024
₹75.08 Cr ▲ 26%
Net profit · FY 2024
₹3.69 Cr margin 4.9%
EBITDA · FY 2024
₹5.89 Cr margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 30%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 16%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 26% growth in the latest year. EBITDA rose 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.69 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Oli Vibrators India Private Limited, buy the company report.
Board of directors of Oli Vibrators India Private Limited
Oli Vibrators India has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Luca Bonisoli | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Giorgio Gavioli | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Sundaram Subramaniam Iyer Also directs: Wolong India Technology Private Limited | Managing Director | 03 Jul 2015 | 11 Years 3 Months | Current |
| Luca Panciroli | Director | 21 Jul 2025 | 1 Years 3 Months | Current |
| Bittanakurike Krishnappa Narasimhamurthy | Director | 28 Apr 2025 | 1 Years 5 Months | Current |
Auditor
Oli Vibrators India Private Limited is audited by Ganesh & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ganesh & Co | FY 2023 | 019551 |
Shareholding
The shareholding of Oli Vibrators India 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 Oli Vibrators India Private Limited, buy the company report.
Deals & funding
Oli Vibrators India Private Limited has 1 deal on record (1 rights issue); the latest was in March 2017.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Rights issue | ₹70.2 Lakh | Investors: an individual |
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 Oli Vibrators India 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
Oli Vibrators India Private Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 5 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Visvas Voyages (India) Private Limited | |||
| Maini Materials Movement Private Limited |
To see the full MSME payment records of Oli Vibrators India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Oli Vibrators India Private Limited has a workforce of 22 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
22
Active EPFO establishments
1
Employee growth
4.76%
GST
Oli Vibrators India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCO1667Q1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Oli Vibrators India Private Limited, buy the company report.
Recent activity
Oli Vibrators India Private Limited has 9 board changes on record since 2015: 7 appointments and 2 cessations. The latest: Luca Panciroli was appointed as Director on 21 Jul 2025.
Appointed
Luca Panciroli was appointed as Director.
Appointed
Bittanakurike Krishnappa Narasimhamurthy was appointed as Director.
AGM
Oli Vibrators India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Oli Vibrators India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Marcello Marchesini ceased to be Director.
Ceased
Roberto Marchesini ceased to be Director.
Appointed
Giorgio Gavioli was appointed as Director.
Appointed
Luca Bonisoli was appointed as Director.
Appointed
Marcello Marchesini was appointed as Director.
Appointed
Roberto Marchesini was appointed as Director.
Appointed
Sundaram Subramaniam Iyer was appointed as Managing Director.
Incorporation
03 Jul 2015
Oli Vibrators India Private Limited was registered on 03 Jul 2015 with Roc Bangalore & aged 11 years 3 months as per MCA records.
Frequently asked questions
Oli Vibrators India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 03 July 2015 (11+ years old) and is registered under CIN U29222KA2015FTC081373.
Oli Vibrators India has 5 current directors:
- Sundaram Subramaniam Iyer - Managing Director
- Luca Bonisoli - Director
- Giorgio Gavioli - Director
- Luca Panciroli - Director
- Bittanakurike Krishnappa Narasimhamurthy - Director
The latest financial statements of Oli Vibrators India 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 Oli Vibrators India is 29AACCO1667Q1ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Oli Vibrators India is U29222KA2015FTC081373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oli Vibrators India was incorporated on 03 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Oli Vibrators India has 1 deal on record (1 rights issue); the latest was in March 2017.
Luca Panciroli was appointed as Director on 21 Jul 2025. Bittanakurike Krishnappa Narasimhamurthy was appointed as Director on 28 Apr 2025. Marcello Marchesini ceased to be Director on 18 Dec 2021. Oli Vibrators India has 9 board changes on record in total.
Yes, Oli Vibrators India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0055363).
Oli Vibrators India has 2 MSME Form 1 returns on record between 2020 and 2021, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 13 May 2021.
Oli Vibrators India can be reached through the website olivibra.com. Its registered office is in Bangalore, Karnataka, India.