- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-03-0019476

Olifantt Resources Limited
About Olifantt Resources Limited
Data last updated:
Olifantt Resources Limited is a public limited company based in Balasore, Odisha, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 18 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U13202OR1993PLC003390. Its GSTIN is 20AAACI3969D1ZY (Jharkhand).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5.01 Lakh. It was formerly known as Olifant Resources Limited and Ispat Mineralslimited. It is led by directors including Amit Prakash Agarwal and Bratin Bose.
Its last annual general meeting (AGM) was held on 02 October 2025, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Balgopalpur, Balasore, Odisha, India – 756020.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.26 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹92.61 Lakh (net margin -5.4%) and EBITDA of -₹90.03 Lakh (EBITDA margin -5.2%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years and 46% over five years.
As per MCA filings, the company has open charges of ₹3.9 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it; 2 cases are pending.
Olifantt Resources Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-03-0019476). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Olifantt Resources has undergone 2 name changes throughout its history. The company was previously known as Olifant Resources Limited, and Ispat Mineralslimited. The current legal name is Olifantt Resources Limited.
| Company Name | Status |
|---|---|
| Olifantt Resources Limited | Current |
| Olifant Resources Limited | Previous |
| Ispat Mineralslimited | Previous |
CIN history
Olifantt Resources has one previous CIN (Corporate Identification Number): U13202OR1993PTC003390. The current CIN is U13202OR1993PLC003390, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U13202OR1993PLC003390 | Current |
| U13202OR1993PTC003390 | Previous |
Recognitions & Rankings of Olifantt Resources
Contact details
Olifantt Resources Limited's registered office is in Balasore, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBalgopalpur, Balasore, Odisha, India – 756020
- IndustryManufacturing, Construction Materials
To see the full contact details of Olifantt Resources 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
Business activity
The main business activity of Olifantt Resources is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Olifantt Resources Limited, buy the company report.
Financials of Olifantt Resources Limited
FY 2023 filings availableOlifantt Resources Limited reported revenue of ₹17.26 Cr (up 48% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 48% growth in the latest year. EBITDA rose 59% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹90.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹92.61 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.2% | ||||
| Net Profit Margin | -5.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Olifantt Resources Limited, buy the company report.
Board of directors of Olifantt Resources Limited
Olifantt Resources has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Prakash Agarwal | Director | 05 Jun 2018 | 8 Years 4 Months | Current |
| Bratin Bose Also directs: Sampurna Estates Pvt Ltd, Sudradh Estates Pvt Ltd, Diamond Residency Flat Owners Association and 5 more | Director | 05 Jun 2018 | 8 Years 4 Months | Current |
| Sailen Ghosh | Additional Director | 15 Oct 2020 | 6 Years 0 Months | Current |
| Manoj Kumar Shukla Also directs: Overtop Commotrade Private Limited | Director | 23 Apr 2019 | 7 Years 6 Months | Current |
| Priyavardhan Kanoria Also directs: Oflo Services LLP, Bhutnath Abasan Private Limited, Sunderam Abasan Private Limited and 1 more | Director | 05 Jun 2018 | 8 Years 4 Months | Current |
Auditor
Olifantt Resources Limited is audited by B NATH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B NATH & CO | FY 2017 | 307057E |
Shareholding
The shareholding of Olifantt Resources Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Olifantt Resources Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2018 | 100185503 | Others | ₹3.54 Cr | Open | |
| 12 Feb 2018 | 100185195 | Others | ₹36 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Olifantt Resources Limited has 10 court cases on record: 5 filed by Olifantt Resources, 5 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 1 |
| High courts | 3 | 0 | 1 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Hinduja Leyland Finance Limited | Pending |
| NCLT, NCLT Cuttack | Company petition | Filed against the company by Harikunj Niwash Pvt.Ltd. | Disposed |
| NCLT, NCLT Cuttack | Insolvency matter | Filed against the company by Rajadhiraj Tirupani Vinayak Natraj Private Limited | Disposed |
| High Court, ORISSA | Arbitration matter | Filed by the company against individuals | Pending |
| Calcutta High Court | Court case (CRR) | Filed by the company against State of West Bengal and Anr | Disposed |
To see the full case history of Olifantt Resources Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Olifantt Resources Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Olifantt Resources has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
Olifantt Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAACI3969D1ZY | Jharkhand | Active | 21 Sep 2017 |
To see the full GST registrations and return filing status of Olifantt Resources Limited, buy the company report.
Recent activity
Olifantt Resources Limited has 17 board changes on record since 2013: 5 appointments and 12 cessations. The latest: Sailen Ghosh was appointed as Additional Director on 15 Oct 2020.
10 earlier events are in the company report.
Frequently asked questions
Olifantt Resources is an active public limited company based in Balasore, Odisha, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 18 August 1993 (33+ years old) and is registered under CIN U13202OR1993PLC003390.
Olifantt Resources has 5 current directors:
- Amit Prakash Agarwal - Director
- Bratin Bose - Director
- Sailen Ghosh - Additional Director
- Manoj Kumar Shukla - Director
- Priyavardhan Kanoria - Director
The latest financial statements of Olifantt Resources on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 02 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Olifantt Resources is 20AAACI3969D1ZY, registered in Jharkhand.
The CIN (Corporate Identification Number) of Olifantt Resources is U13202OR1993PLC003390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olifantt Resources has 10 court cases on record: 5 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Olifantt Resources was incorporated on 18 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Cuttack.
Sailen Ghosh was appointed as Additional Director on 15 Oct 2020. Manoj Kumar Shukla ceased to be Additional Director on 30 Sep 2019. Manoj Kumar Shukla was appointed as Director on 23 Apr 2019. Olifantt Resources has 17 board changes on record in total.
Yes, Olifantt Resources is registered as a small enterprise under Udyam registration (number: UDYAM-OD-03-0019476).
The registered office of Olifantt Resources is at Balgopalpur, Balasore, Odisha, India – 756020.