Olive Automobiles Private Limited
About Olive Automobiles Private Limited
Data last updated:
Olive Automobiles Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 30 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U50404AP2009PTC066501.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vallurupalli Varsha and Harsha Hanumara.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Varun Towers Kastuba Marg Siripuram, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2023, the company reported a revenue of ₹60,000. For the same year it recorded a net loss of ₹64,830 (net margin -108%) and EBITDA of -₹64,830 (EBITDA margin -108%).
As per MCA filings, the company has open charges of ₹36.57 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Olive Automobiles Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressVarun Towers Kastuba Marg Siripuram, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Olive Automobiles 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 Olive Automobiles Private Limited
FY 2023 filings availableOlive Automobiles Private Limited reported revenue of ₹60,000 for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹64,830 | ||||
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| Net Profit (PAT) | -₹64,830 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -108% | ||||
| Net Profit Margin | -108% | ||||
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To see the full financial statements and ratios of Olive Automobiles Private Limited, buy the company report.
Board of directors of Olive Automobiles Private Limited
Olive Automobiles has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vallurupalli Varsha Also directs: Corporate Cars and Carriers Private Limited, Varun Infra Ventures Private Limited, Varsha Cars Private Limited and 1 more | Director | 04 Apr 2010 | 16 Years 6 Months | Current |
| Harsha Hanumara Also directs: Neon Motors Private Limited, Apple Cars Private Limited, Neon Auto Private Limited and 2 more | Director | 30 Dec 2009 | 16 Years 9 Months | Current |
| Narasimha Durga Harinadha Ranga Raju Penmetsa Also directs: Olive Auto Private Limited, Varun Vehicles Private Limited, Varun Auto Sales Private Limited and 2 more | Director | 30 Dec 2009 | 16 Years 9 Months | Current |
Peer comparison
Olive Automobiles Private Limited is compared with the 10 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sandy Realtors & Constructions Private Limited | ₹62,990 (FY 2022) | Mumbai, Maharashtra, India | ||||
| STS Trading Private Limited | ₹62,630 (FY 2018) | Pune, Maharashtra, India | ||||
| Okma Venture Private Limited | ₹62,243 (FY 2024) | Gurgaon, Haryana, India | ||||
| LVJ Motors Private Limited | ₹61,576 (FY 2025) | 3659.0% | Patna, Bihar, India | |||
| Platino Cars India Private Limited | ₹60,964 (FY 2019) | -100.0% | Kochi, Kerala, India | |||
| Olive Automobiles Private Limitedthis company | ₹60,000 (FY 2023) | -₹64,830 | -108% | Visakhapatnam, Andhra Pradesh, India | ||
| Shri Gautam Motors Private Limited | ₹60,000 (FY 2025) | -50.0% | Bharua Sumerpur, Uttar Pradesh, India | |||
| Anand Premium Cars Private Limited | ₹59,868 (FY 2025) | -99.0% | Indore, Madhya Pradesh, India | |||
| Morani Motoparts Private Limited | ₹59,653 (FY 2023) | 281.0% | Jaipur, Rajasthan, India | |||
| Hitech Auto (India) Private Limited | ₹59,322 (FY 2024) | Bangalore, Karnataka, India | ||||
| Ujjala Autotech Enterprises Private Limited | ₹57,950 (FY 2020) | Ludhiana, Punjab, India |
To see the full peer comparison of Olive Automobiles Private Limited, buy the company report.
Auditor
Olive Automobiles Private Limited is audited by J SREENIVASA RAO & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J SREENIVASA RAO & CO | FY 2021 | 009386S |
Shareholding
The shareholding of Olive Automobiles Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Olive Automobiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Apr 2014 | 10515737 | Hdfc Bank Limited | ₹36.57 Cr | Open |
To see the full charge records of Olive Automobiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Olive Automobiles 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 Olive Automobiles 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 Olive Automobiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Olive Automobiles Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Vallurupalli Varsha was appointed as Director on 04 Apr 2010.
Frequently asked questions
Olive Automobiles is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 30 December 2009 (17+ years old) and is registered under CIN U50404AP2009PTC066501.
Olive Automobiles has 3 current directors:
- Vallurupalli Varsha - Director
- Harsha Hanumara - Director
- Narasimha Durga Harinadha Ranga Raju Penmetsa - Director
The latest financial statements of Olive Automobiles on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Olive Automobiles is U50404AP2009PTC066501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olive Automobiles was incorporated on 30 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Olive Automobiles by revenue are Sandy Realtors & Constructions Private Limited, STS Trading Private Limited, Okma Venture Private Limited, LVJ Motors Private Limited, Platino Cars India Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Vallurupalli Varsha was appointed as Director on 04 Apr 2010. Harsha Hanumara was appointed as Director on 30 Dec 2009. Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 30 Dec 2009.
The registered office of Olive Automobiles is at Varun Towers Kastuba Marg Siripuram, Visakhapatnam, Andhra Pradesh, India – 530003.
Olive Automobiles operates in the automotive industry, in the auto dealership and trading segment.
Olive Automobiles has open charges of ₹36.57 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Olive Automobiles is active non-compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.