About Olive Commercial Co Private Ltd
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Olive Commercial Co Private Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 10 February 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U01132WB1983PTC035842. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹24 Lakh. It is led by directors including Dashrath Gothwal (Whole-Time Director) and Bharat Mujumdar.
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 2nd Floor Of Main Building 19 R. N. Mukherjee Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.76 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹19.22 Cr and EBITDA of ₹19.17 Cr. Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹20 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olivecommercial.com.
Company details
CIN history
Olive Commercial Co has one previous CIN (Corporate Identification Number): L01132WB1983PLC035842. The current CIN is U01132WB1983PTC035842, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01132WB1983PTC035842 | Current |
| L01132WB1983PLC035842 | Previous |
Contact details
Olive Commercial Co Private Ltd's registered office is in Kolkata, West Bengal. Its website is olivecommercial.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2nd Floor Of Main Building 19 R. N. Mukherjee Road, Kolkata, West Bengal, India – 700001
- IndustryReal Estate, Real Estate Leasing, Contractual Work
To see the full contact details of Olive Commercial Co Private Ltd, 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 Olive Commercial Co is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Olive Commercial Co Private Ltd, buy the company report.
Financials of Olive Commercial Co Private Ltd
FY 2024 filings availableOlive Commercial Co Private Ltd reported revenue of ₹1.76 Cr (up 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 48% growth 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 | |||||
| Other Income | |||||
| Total Revenue | ₹1.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.22 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Olive Commercial Co Private Ltd, buy the company report.
Board of directors of Olive Commercial Co Private Ltd
Olive Commercial Co has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Mujumdar | Director | 16 Oct 2023 | 3 Years 0 Months | Current |
| Nitin Agrawal Also directs: Treasure Management-Malls Private Limited, Seven Star Properties Private Limited, Samarpit Developers Private Limited and 1 more | Director | 30 Aug 2021 | 5 Years 2 Months | Current |
| Dashrath Gothwal | Whole-Time Director | 10 Aug 2016 | 10 Years 2 Months | Current |
| Alifiya | Director | 10 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Olive Commercial Co Private Ltd is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Real Estate Brokerage), with the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KD Realtors Private Limited | ₹1.79 Cr (FY 2025) | 25.0% | Indirapuram, Uttar Pradesh, India | |||
| Olive Commercial Co Private Ltdthis company | ₹1.76 Cr (FY 2024) | ₹19.22 Cr | 48.0% | Kolkata, West Bengal, India | ||
| Square Feet Property Consultant Private Limited | ₹1.76 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| S P Promoters Pvt Ltd | ₹1.75 Cr (FY 2025) | -22.0% | Delhi, India | |||
| NRM Corporate Leasing Private Limited | ₹1.74 Cr (FY 2025) | -19.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Olive Commercial Co Private Ltd, buy the company report.
Auditor
Olive Commercial Co Private Ltd is audited by C. H. PADLIYA & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. H. PADLIYA & CO. | FY 2024 | 003151C |
Shareholding
The shareholding of Olive Commercial Co Private Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Olive Commercial Co Private Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2024 | 100969813 | Others | ₹16 Cr | Open | |
| 25 Oct 2017 | 100130554 | Idbi Trusteeship Services Limited | ₹20 Cr | Satisfied |
To see the full charge records of Olive Commercial Co Private Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Olive Commercial Co Private Ltd has 1 court case on record: 1 filed by Olive Commercial Co. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company against T. T. Investments Pvt. Ltd. | Disposed |
To see the full case history of Olive Commercial Co Private Ltd, 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 Olive Commercial Co Private Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Olive Commercial Co has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Olive Commercial Co Private Ltd, buy the company report.
Recent activity
Olive Commercial Co Private Ltd has 21 board changes on record since 2007: 5 appointments and 16 cessations. The latest: Bharat Mujumdar ceased to be Additional Director on 29 Sep 2024.
15 earlier events are in the company report.
Frequently asked questions
Olive Commercial Co is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 10 February 1983 (43+ years old) and is registered under CIN U01132WB1983PTC035842.
Olive Commercial Co has 4 current directors:
- Dashrath Gothwal - Whole-Time Director
- Bharat Mujumdar - Director
- Nitin Agrawal - Director
- Alifiya - Director
The latest financial statements of Olive Commercial Co 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.
No. Olive Commercial Co has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Olive Commercial Co is U01132WB1983PTC035842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olive Commercial Co has 1 court case on record: 1 filed by the company.
Olive Commercial Co was incorporated on 10 February 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Olive Commercial Co by revenue are KD Realtors Private Limited, Square Feet Property Consultant Private Limited, S P Promoters Pvt Ltd, NRM Corporate Leasing Private Limited, all in the Consumer Services industry (Real Estate Brokerage), with the same principal business activity (real estate activities on fee or contract basis).
Bharat Mujumdar ceased to be Additional Director on 29 Sep 2024. Bharat Mujumdar was appointed as Director on 16 Oct 2023. Roshan Jain ceased to be Company Secretary on 30 Sep 2023. Olive Commercial Co has 21 board changes on record in total.
Olive Commercial Co can be reached through the website olivecommercial.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Olive Commercial Co is at 2nd Floor Of Main Building 19 R. N. Mukherjee Road, Kolkata, West Bengal, India – 700001.
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