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Olive Ecopak Private Limited - manufacturing in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.03 Cr
▲ 31619% YoY
Net loss · FY 2025
₹22.63 Cr
Net margin -132.8%
EBITDA · FY 2025
-₹8.36 Cr
EBITDA margin -49.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6 Cr
Issued & subscribed
Open charges
₹137 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
5
As per MCA filings
About Olive Ecopak Private Limited
Data last updated:
Olive Ecopak Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 29 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21093MH2019PTC332304. Its GSTIN is 27AADCO0496J1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6 Cr. It is led by directors including Ramswaroop Radheshyam Thard and Rajesh Motilal Gandhi.
Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 616 Lodha Supremus 2 Road No. 22, Wagle Estate Thane West, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹22.63 Cr (net margin -132.8%) and EBITDA of -₹8.36 Cr (EBITDA margin -49.1%).
The company is associated with 1 brand: Olive Ecopak. As per MCA filings, the company has open charges of ₹137 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.99 Cr; the latest was in May 2022. Its 7 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 4 larger and 3 smaller; the largest is Everready Packaging Industries Pvt Ltd with revenue of ₹17.31 Cr.
Olive Ecopak Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0207674). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oliveecopak.com.
Company details
CIN U21093MH2019PTC332304
Registration Number 332304
Incorporation Date 29 October 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 06 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0207674
Key People
Ramswaroop Radheshyam Thard Director Rajesh Motilal Gandhi Director Geeta Rajesh Gandhi Director Recognitions & Rankings of Olive Ecopak
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-33-0207674
Contact details
Olive Ecopak Private Limited's registered office is in Thane, Maharashtra. Its website is oliveecopak.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address616 Lodha Supremus 2 Road No. 22, Wagle Estate Thane West, Maharashtra, India – 400604
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Olive Ecopak Private Limited, buy the company report.
Comprehensive company report
Olive Ecopak Private Limited - one report that includes everything
- 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
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Brands
Olive Ecopak operates one associated brand: Olive Ecopak. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures sustainable disposable tableware and eco-friendly packaging solutions for global clients. | oliveecopak.com |
Business activity
The main business activity of Olive Ecopak is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Olive Ecopak Private Limited, buy the company report.
Financials of Olive Ecopak Private Limited
FY 2025 filings availableOlive Ecopak Private Limited reported revenue of ₹17.03 Cr (up 31619% YoY) for FY 2025.
Revenue · FY 2025
₹17.03 Cr ▲ 31619%
Net loss · FY 2025
₹22.63 Cr margin -132.8%
EBITDA · FY 2025
-₹8.36 Cr margin -49.1%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Other Income | |||||
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| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹8.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.63 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | -49.1% | ||||
| Net Profit Margin | -132.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Olive Ecopak Private Limited, buy the company report.
Board of directors of Olive Ecopak Private Limited
Olive Ecopak has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramswaroop Radheshyam Thard Also directs: Rajshree Polypack Limited | Director | 16 May 2022 | 4 Years 5 Months | Current |
| Rajesh Motilal Gandhi | Director | 29 Oct 2019 | 6 Years 11 Months | Current |
| Geeta Rajesh Gandhi Also directs: RG Ventures Global LLP, Oracle Plastics Private Limited | Director | 29 Oct 2019 | 6 Years 11 Months | Current |
| Rajesh Satyanarayan Murarka | Director | 16 May 2022 | 4 Years 5 Months | Current |
| Yash M Jain | Director | 17 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Olive Ecopak Private Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Everready Packaging Industries Pvt Ltd | ₹17.31 Cr (FY 2024) | 38.0% | Kolkata, West Bengal, India | |||
| Darshan Boardlam Limited | ₹17.22 Cr (FY 2024) | -29.0% | Surat, Gujarat, India | |||
| Aakriti Prime Products Private Limited | ₹17.21 Cr (FY 2025) | 6.0% | Bhiwadi, Rajasthan, India | |||
| Sagar Corrugated Boxes Private Limited | ₹17.05 Cr (FY 2025) | -8.0% | Indore, Madhya Pradesh, India | |||
| Olive Ecopak Private Limitedthis company | ₹17.03 Cr (FY 2025) | -₹22.63 Cr | -132.8% | 31619.0% | Thane, Maharashtra, India | |
| N N Print and Pack Pvt Ltd | ₹17.03 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Sharp Minchem Pvt Ltd | ₹16.97 Cr (FY 2025) | -7.0% | Jaipur, Rajasthan, India | |||
| Sri Balaji Corruboxes and Papers Private Limited | ₹16.82 Cr (FY 2017) | -7.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Olive Ecopak Private Limited, buy the company report.
Auditor
Olive Ecopak Private Limited is audited by Divyesh J Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Divyesh J Shah & Associates | FY 2023 | 118227W |
Shareholding
The shareholding of Olive Ecopak Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Olive Ecopak Private Limited, buy the company report.
Charges & borrowings
Open charges
₹137 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2025 | 101149593 | Others | ₹17 Cr | Open | |
| 26 Mar 2025 | 101069261 | Others | ₹17 Cr | Open | |
| 01 Mar 2025 | 101063137 | Others | ₹4 Cr | Open | |
| 20 Jan 2025 | 101040332 | Others | ₹2 Cr | Open | |
| 04 Jul 2023 | 100751729 | Others | ₹10 Cr | Open |
To see the full charge records of Olive Ecopak Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Olive Ecopak Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.99 Cr; the latest was in May 2022.
Total deals
1
Funding round
1
Disclosed funding
₹3.99 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Funding round | ₹3.99 Cr | Investors: Rajshree Polypack Limited , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Olive Ecopak 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 Ecopak Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Olive Ecopak Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Olive Ecopak has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCO0496J1Z6 | Maharashtra | Active | 28 Nov 2023 |
| 24AADCO0496J1ZC | Gujarat | Active | 07 Jun 2022 |
To see the full GST registrations and return filing status of Olive Ecopak Private Limited, buy the company report.
Recent activity
Olive Ecopak Private Limited has 5 board changes on record since 2019: 5 appointments. The latest: Yash M Jain was appointed as Director on 17 Dec 2024.
Charges
A charge with Others amounted to Rs. 17.00 Cr with Charge ID 101149593 was registered on 21 Aug 2025.
AGM
Olive Ecopak Private Limited last Annual general meeting of members was held on 06 Aug 2025 as per latest MCA records.
Filing
Olive Ecopak Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 17.00 Cr with Charge ID 101069261 was registered on 26 Mar 2025.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101063137 was registered on 01 Mar 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101040332 was registered on 20 Jan 2025.
Appointed
Yash M Jain was appointed as Director.
Charges
A charge with Others of Rs. 87.00 Cr registered on 04 Jul 2023 with Charge ID 100751736 was modified on 14 Oct 2024.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100751729 was registered on 04 Jul 2023.
Charges
A charge with Others amounted to Rs. 87.00 Cr with Charge ID 100751736 was registered on 04 Jul 2023.
Appointed
Rajesh Satyanarayan Murarka was appointed as Director.
Appointed
Ramswaroop Radheshyam Thard was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Olive Ecopak is an active private limited company based in Thane, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 29 October 2019 (7+ years old) and is registered under CIN U21093MH2019PTC332304.
Olive Ecopak has 5 current directors:
- Ramswaroop Radheshyam Thard - Director
- Rajesh Motilal Gandhi - Director
- Geeta Rajesh Gandhi - Director
- Rajesh Satyanarayan Murarka - Director
- Yash M Jain - Director
The latest financial statements of Olive Ecopak on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 August 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Olive Ecopak is 27AADCO0496J1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AADCO0496J1ZC (Gujarat).
The CIN (Corporate Identification Number) of Olive Ecopak is U21093MH2019PTC332304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olive Ecopak was incorporated on 29 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Olive Ecopak has 1 deal on record (1 funding round), with disclosed funding of ₹3.99 Cr; the latest was in May 2022.
The peers of Olive Ecopak by revenue are Everready Packaging Industries Pvt Ltd, Darshan Boardlam Limited, Aakriti Prime Products Private Limited, Sagar Corrugated Boxes Private Limited, N N Print and Pack Pvt Ltd and 2 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Yash M Jain was appointed as Director on 17 Dec 2024. Rajesh Satyanarayan Murarka was appointed as Director on 16 May 2022. Ramswaroop Radheshyam Thard was appointed as Director on 16 May 2022. Olive Ecopak has 5 board changes on record in total.
Yes, Olive Ecopak is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Olive Ecopak is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0207674).