- Category
- Small (2022-23)
- Udyam number
- UDYAM-KL-02-0002345

About Olive Builders and Developers Private Limited
Data last updated:
Olive Builders and Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH1995PTC093296. Its GSTIN is 32AAACO2764Q1Z5 (Kerala).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Varghese Mathew and Nimi Parappurathu Mathew.
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 103 J K Chamberssector 17 Vashi Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.98 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹78.83 Lakh (net margin 4.4%) and EBITDA of ₹1.89 Cr (EBITDA margin 10.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Olivebuilder. As per MCA filings, the company has open charges of ₹9.22 Cr and satisfied charges of ₹79.68 Cr on record. Court records list 32 cases involving the company, including 20 filed by the company and 12 filed against it; 8 cases are pending.
Olive Builders and Developers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0002345). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olivebuilder.com.
Company details
CIN history
Olive Builders and Developers has one previous CIN (Corporate Identification Number): U99999MH1995PTC093296. The current CIN is U45201MH1995PTC093296, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201MH1995PTC093296 | Current |
| U99999MH1995PTC093296 | Previous |
Recognitions & Rankings of Olive Builders and Developers
Contact details
Olive Builders and Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is olivebuilder.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address103 J K Chamberssector 17 Vashi Navi Mumbai, Maharashtra, India – 400703
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Olive Builders and Developers 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
Brands
Olive Builders and Developers operates one associated brand: Olivebuilder. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides luxury residential and commercial construction in Kerala. | olivebuilder.com |
Business activity
The main business activity of Olive Builders and Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Olive Builders and Developers Private Limited, buy the company report.
Financials of Olive Builders and Developers Private Limited
FY 2024 filings availableOlive Builders and Developers Private Limited reported revenue of ₹17.98 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 27% fall in the latest year. EBITDA fell 76% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.89 Cr | ||||
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| Net Profit (PAT) | ₹78.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Olive Builders and Developers Private Limited, buy the company report.
Board of directors of Olive Builders and Developers Private Limited
Olive Builders and Developers has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varghese Mathew Also directs: Olive Infra & Lifestyle LLP, Highland Star Hotels and Resorts Private Limited, Kiddie Vibe Apparels LLP and 2 more | Director | 15 Jan 2025 | 1 Years 9 Months | Current |
| Nimi Parappurathu Mathew Also directs: Olive Infra & Lifestyle LLP, Olive Ventures Private Limited, Highland Star Hotels and Resorts Private Limited and 1 more | Director | 01 Apr 2012 | 14 Years 6 Months | Current |
| Parappurathu Varghese Mathai Also directs: Olive Infra & Lifestyle LLP, Olive Ventures Private Limited, Highland Star Hotels and Resorts Private Limited and 1 more | Director | 05 Oct 1995 | 31 Years 0 Months | Current |
| Sarakutty Mathai Also directs: Olive Infra & Lifestyle LLP, Olive Ventures Private Limited, Highland Star Hotels and Resorts Private Limited and 1 more | Director | 05 Oct 1995 | 31 Years 0 Months | Current |
Auditor
Olive Builders and Developers Private Limited is audited by Shah & Savla LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah & Savla LLP | FY 2023 | 109364W/W100143 |
Shareholding
The shareholding of Olive Builders and Developers 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 Olive Builders and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101158658 | Indian Overseas Bank | ₹6.5 Cr | Open | |
| 17 Apr 2024 | 100916400 | Others | ₹1.5 Cr | Open | |
| 11 Aug 2022 | 100674810 | Hdfc Bank Limited | ₹78.2 Lakh | Open | |
| 13 Sep 2018 | 100202195 | Others | ₹44 Lakh | Open | |
| 29 Jun 2020 | 100349005 | Others | ₹1.78 Cr | Satisfied |
To see the full charge records of Olive Builders and Developers Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Olive Builders and Developers Private Limited has 32 court cases on record: 20 filed by Olive Builders and Developers, 12 filed against it. 8 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 8 | 4 |
| High courts | 12 | 4 | 4 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kottayam, Kerala | Court case (MC) | Filed against the company by Housing Development Finance Corporation Limited | Disposed |
| High Court of Kerala | Writ petition | Filed against the company | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| Bombay High Court | Appeal | Filed by the company against The Regional Director, Employees State Insurance Corporation, Thane | Pending |
To see the full case history of Olive Builders and Developers Private 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
Olive Builders and Developers Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 36 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cosmos Agencies LLP |
To see the full MSME payment records of Olive Builders and Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Olive Builders and Developers Private Limited has a workforce of 8 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Olive Builders and Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACO2764Q1Z5 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Olive Builders and Developers Private Limited, buy the company report.
Recent activity
Olive Builders and Developers Private Limited has 8 board changes on record since 1995: 4 appointments and 4 cessations. The latest: Varghese Mathew ceased to be Additional Director on 29 Sep 2025.
19 earlier events are in the company report.
Frequently asked questions
Olive Builders and Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 October 1995 (31+ years old) and is registered under CIN U45201MH1995PTC093296.
Olive Builders and Developers has 4 current directors:
- Varghese Mathew - Director
- Nimi Parappurathu Mathew - Director
- Parappurathu Varghese Mathai - Director
- Sarakutty Mathai - Director
The latest financial statements of Olive Builders and Developers 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 2015 are in the company report.
The GSTIN of Olive Builders and Developers is 32AAACO2764Q1Z5, registered in Kerala.
The CIN (Corporate Identification Number) of Olive Builders and Developers is U45201MH1995PTC093296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olive Builders and Developers has 32 court cases on record: 20 filed by the company and 12 filed against it. 8 are pending. Most are in the district courts.
Olive Builders and Developers was incorporated on 05 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Varghese Mathew ceased to be Additional Director on 29 Sep 2025. Mathew Thomas ceased to be Director on 15 Jan 2025. Simi Mathew Parappurathu ceased to be Director on 15 Jan 2025. Olive Builders and Developers has 8 board changes on record in total.
Yes, Olive Builders and Developers is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0002345).
Olive Builders and Developers has 2 MSME Form 1 returns on record between 2019 and 2020, listing 36 overdue payments to 1 micro and small supplier. The latest return was filed on 03 Oct 2020.
Olive Builders and Developers can be reached through the website olivebuilder.com. Its registered office is in Mumbai, Maharashtra, India.