About Olive Ecopower Private Limited
Data last updated:
Olive Ecopower Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Leap Green Energy Private Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 18 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U40108TZ2011PTC016873. Its GSTIN is 33AAECC5252H1ZX (Tamil Nadu).
The company has an authorised share capital of ₹33 Cr and a paid-up capital of ₹21.31 Cr. It was formerly known as Clover Wind Energy Private Limited. It is led by directors Vijayan Dev Anand and Karthikeyan Rajeev Akshay.
Its last annual general meeting (AGM) was held on 17 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Fourth Floor Caledon Square Avinashi Road Peelamedu, Coimbatore, Tamil Nadu, India – 641004.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.29 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹9.6 Cr (net margin 16.2%) and EBITDA of ₹28.22 Cr (EBITDA margin 47.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹53.05 Cr and satisfied charges of ₹94.53 Cr on record. The company has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹34.17 Cr; the latest was in September 2016. Its 10 peer companies in the Cleantech industry (Wind Power) are compared by revenue, 5 larger and 5 smaller; the largest is Clean Max Maximus Private Limited with revenue of ₹60.38 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website leapgreenenergy.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFourth Floor Caledon Square Avinashi Road Peelamedu, Coimbatore, Tamil Nadu, India – 641004
- IndustryEnvironment, Wind Energy Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Olive Ecopower Private Limited
The main business activity of Olive Ecopower is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Olive Ecopower Private Limited FY 2025 filings available
Olive Ecopower Private Limited reported revenue of ₹59.29 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Olive Ecopower Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 7% 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 of Olive Ecopower Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹28.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.6 Cr | •••• | •••• | •••• | •••• |
| 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 of Olive Ecopower Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Olive Ecopower are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Olive Ecopower Private Limited
Olive Ecopower Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Wind Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clean Max Maximus Private Limited | ₹60.38 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Clean Max Bhoomi Private Limited | ₹59.9 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Fujin Wind Parks Private Limited | ₹59.53 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Wpa Clean Energy Private Limited | ₹59.51 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Bangalore, Karnataka, India |
| Green Infra BTV Limited | ₹59.45 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Gurgaon, Haryana, India |
| Olive Ecopower Private Limited this company | ₹59.29 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Coimbatore, Tamil Nadu, India |
| Sri Balambika Textile Mills Private Limited | ₹58.74 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Tirupur, Tamil Nadu, India |
| Molagavalli Renewable Private Limited | ₹58.57 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| GMR Generation Assets Limited | ₹58.53 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| RS Windtech Engineers Private Limited | ₹58.51 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Aralvoimozhy, Tamil Nadu, India |
| C N V Textiles Private Limited | ₹57.84 Cr (FY 2023) | •••• | •••• | 21.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Olive Ecopower by revenue in the Cleantech industry (Wind Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Olive Ecopower Private Limited
Olive Ecopower Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Olive Ecopower Private Limited
Olive Ecopower Private Limited currently reports 2 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Jaiswal Also directs: Sportsnext India Private Limited | Company Secretary | 19 Nov 2024 | 1 Years 10 Months | Current |
| Vijayan Dev Anand Also directs: Lilac Ecoenergy Private Limited, Viola Clean Energy Private Limited, Dahlia Green Energy Private Limited and 5 more | Director | 18 Mar 2011 | 15 Years 6 Months | Current |
| Karthikeyan Rajeev Akshay Also directs: Eco Leap Fibers LLP, Rajeev Akshay Karthikeyan & Associates LLP, Nikhila Green LLP and 5 more | Director | 18 Mar 2011 | 15 Years 6 Months | Current |
Ownership and Shareholding of Olive Ecopower Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Olive Ecopower Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2021 | Tamilnad Mercantile Bank Limited | ₹5.05 Cr | Open |
| 23 Dec 2014 | Tamilnad Mercantile Bank Limited | ₹48 Cr | Open |
| 15 Feb 2021 | Indian Bank | ₹1.25 Cr | Satisfied |
| 05 Feb 2021 | Tamilnad Mercantile Bank Limited | ₹5 Cr | Satisfied |
| 03 May 2012 | State Bank of Patiala (Associate Bank of State Bank of India) | ₹16 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Olive Ecopower Private Limited
Olive Ecopower Private Limited has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹34.17 Cr; the latest was in September 2016.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Funding round | ₹2.03 Cr | Investors: Sakthi Auto Component Limited , Sri Shanmuga Polymer'S (P) Ltd (Htsc No.109), Apex Laboratories Private Limited (Htsc No. 357) |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: Sri Karthikeya Spinning and Weaving Mills Private Limited , India Pistons Limited , Sri Karthikeya Spinning & Weaving Mills Private Limited- Htsc 32 Seller: Lakshmivel Mills Private Limited , Indo Shell Cast Private Limited- Plant II, Sterling Technotex Private Limited |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Lakshmivel Mills Private Limited , Sri Karthikeya Spinning and Weaving Mills Private Limited , Sri Karthikeya Spinning & Weaving Mills Private Limited- Htsc 32 Seller: Dhivakar Spinning Mills Private Limited , Arumayaal Textiles Private Limited , Sabari Textiles Private Limited , an individual |
| Feb 2015 | Funding round | ₹6 Lakh | Investors: Lakshmivel Mills Private Limited , India Pistons Limited |
| Feb 2015 | Funding round | ₹20 Cr | Investors: Leap Green Energy Private Limited |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Olive Ecopower Private Limited
Employment history and EPFO contributions of people linked to Olive Ecopower.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Olive Ecopower Private Limited
Olive Ecopower Private Limited has 13 board changes on record since 2011: 3 appointments and 10 cessations. The latest: Kavita Jaiswal was appointed as Company Secretary on 19 Nov 2024.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Olive Ecopower Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Olive Ecopower Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Olive Ecopower Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Olive Ecopower Private Limited
Olive Ecopower has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECC5252H1ZX | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Olive Ecopower Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Olive Ecopower Private Limited
Olive Ecopower is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 18 March 2011 (15+ years old) and is registered under CIN U40108TZ2011PTC016873.
Olive Ecopower reported revenue of ₹59.29 Cr for FY 2025 (down 1% YoY).
Olive Ecopower has 3 current directors and KMP:
- Vijayan Dev Anand - Director
- Karthikeyan Rajeev Akshay - Director
- Kavita Jaiswal - Company Secretary
Olive Ecopower reported a net profit of ₹9.6 Cr (net margin 16.2%) and EBITDA of ₹28.22 Cr (EBITDA margin 47.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Olive Ecopower is 7% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Olive Ecopower is 33AAECC5252H1ZX, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Olive Ecopower is U40108TZ2011PTC016873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olive Ecopower was incorporated on 18 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
Olive Ecopower has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹34.17 Cr; the latest was in September 2016.
The peers of Olive Ecopower by revenue are Clean Max Maximus Private Limited, Clean Max Bhoomi Private Limited, Fujin Wind Parks Private Limited, Wpa Clean Energy Private Limited, Green Infra BTV Limited and 5 more, all in the Cleantech industry (Wind Power).
Kavita Jaiswal was appointed as Company Secretary on 19 Nov 2024. Manoj Khagendra Shah ceased to be Company Secretary on 25 Sep 2024. Ankit Goel ceased to be Nominee Director on 05 Jul 2024. Olive Ecopower has 13 board changes on record in total.