Olin Mercantile Private Limited
About Olin Mercantile Private Limited
Data last updated:
Olin Mercantile Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 04 June 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U52300MH2010PTC203714.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Bharti Yallapa Shelar and Laxman Ghosalkar.
Its last annual general meeting (AGM) was held on 25 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office was at Sh – K – 14 Gokul Village Chs Ltd Shanti Park Nr St. Xaviers High School Mira Road, Thane, Maharashtra, India – 401107.
As per the financials filed for FY 2017, the company reported a revenue of ₹11,800. For the same year it recorded a net loss of ₹3,608 (net margin -30.6%) and EBITDA of -₹1,438 (EBITDA margin -12.2%).
Company details
Contact details
Olin Mercantile Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSh – K – 14 Gokul Village Chs Ltd Shanti Park Nr St. Xaviers High School Mira Road, Thane, Maharashtra, India – 401107
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Olin Mercantile 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
Financials of Olin Mercantile Private Limited
FY 2012 filings availableOlin Mercantile Private Limited reported revenue of ₹11,800 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹11,800 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1,438 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3,608 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -12.2% | ||
| Net Profit Margin | -30.6% | ||
| 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 Olin Mercantile Private Limited, buy the company report.
Board of directors of Olin Mercantile Private Limited
Olin Mercantile has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharti Yallapa Shelar Also directs: Agrata Real Estate Private Limited, Offerlink Infraprojects Private Limited, Nishottam Traders Private Limited and 1 more | Additional Director | 21 Feb 2018 | 8 Years 8 Months | As last reported |
| Laxman Ghosalkar Also directs: Sicorp Finlease Limited | Additional Director | 15 Dec 2014 | 11 Years 10 Months | As last reported |
| Sunita Poojary | Additional Director | 20 Nov 2014 | 11 Years 11 Months | As last reported |
Auditor
Olin Mercantile Private Limited is audited by TEJAS H NANDKARNI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TEJAS H NANDKARNI | FY 2017 | 122993 |
Shareholding
The shareholding of Olin Mercantile Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Olin Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Olin Mercantile 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
No delayed payments to MSME suppliers are on our record for Olin Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Olin Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Olin Mercantile Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Bharti Yallapa Shelar was appointed as Additional Director on 21 Feb 2018.
Frequently asked questions
Olin Mercantile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Olin Mercantile was a private limited company based in Thane, Maharashtra, India. The company worked in wholesale, within the trading industry. It was incorporated on 04 June 2010 and is registered under CIN U52300MH2010PTC203714. The company has been struck off by the Registrar of Companies and is no longer operational.
Olin Mercantile had 3 directors:
- Bharti Yallapa Shelar - Additional Director
- Laxman Ghosalkar - Additional Director
- Sunita Poojary - Additional Director
The CIN (Corporate Identification Number) of Olin Mercantile is U52300MH2010PTC203714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Olin Mercantile is at Sh – K – 14 Gokul Village Chs Ltd Shanti Park Nr St. Xaviers High School Mira Road, Thane, Maharashtra, India – 401107.
Olin Mercantile was incorporated on 04 June 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Olin Mercantile on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 25 September 2012. Year-wise statements from 2015 are in the company report.
Olin Mercantile operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
Bharti Yallapa Shelar was appointed as Additional Director on 21 Feb 2018. Ravindrakant Sakharam Surve ceased to be Director on 18 Dec 2014. Laxman Ghosalkar was appointed as Additional Director on 15 Dec 2014. Olin Mercantile has 7 board changes on record in total.
Olin Mercantile can be reached at its registered office: Sh – K – 14 Gokul Village Chs Ltd Shanti Park Nr St. Xaviers High School Mira Road, Thane, Maharashtra, India – 401107.