About Olive Gifts Private Limited
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Olive Gifts Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 14 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2011PTC219794. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Haresh Karamchand Tolani and Rafiq Noordin Merchant.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.18 Cr, a growth of 83% compared to the previous year. For the same year it recorded a net profit of ₹3.26 Cr (net margin 13%) and EBITDA of ₹4.1 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 619% over five years.
As per MCA filings, the company has open charges of ₹60 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olivegifts.in.
Company details
Contact details
Olive Gifts Private Limited's registered office is in Mumbai, Maharashtra. Its website is olivegifts.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address203 Flr 2 Owners Indls. Est., Gabriel Street Paradise Cinema, Mumbai, Maharashtra, India – 400016
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Olive Gifts 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
Business activity
The main business activity of Olive Gifts is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Olive Gifts Private Limited, buy the company report.
Financials of Olive Gifts Private Limited
FY 2025 filings availableOlive Gifts Private Limited reported revenue of ₹25.18 Cr (up 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 619% over five years, including 83% growth in the latest year. EBITDA rose 71% 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 | ₹4.1 Cr | ||||
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| Net Profit (PAT) | ₹3.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 16.3% | ||||
| Net Profit Margin | 13% | ||||
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To see the full financial statements and ratios of Olive Gifts Private Limited, buy the company report.
Board of directors of Olive Gifts Private Limited
Olive Gifts has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haresh Karamchand Tolani | Director | 14 Jul 2011 | 15 Years 3 Months | Current |
| Rafiq Noordin Merchant Also directs: Savoy Retreat Private Limited, Aga Khan Health Services India | Director | 14 Jul 2011 | 15 Years 3 Months | Current |
| Yasmin Rafiq Merchant | Additional Director | 19 Nov 2024 | 1 Years 11 Months | Current |
| Minal Haresh Tolani | Additional Director | 19 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Olive Gifts Private Limited is audited by BHARATMAGANLALUDESHI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARATMAGANLALUDESHI | FY 2017 | 017610 |
Shareholding
The shareholding of Olive Gifts Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Olive Gifts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2011 | 10325627 | Development Credit Bank Limited | ₹60 Lakh | Open |
To see the full charge records of Olive Gifts Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Olive Gifts 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 Gifts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Olive Gifts has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Olive Gifts Private Limited, buy the company report.
Recent activity
Olive Gifts Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Minal Haresh Tolani was appointed as Additional Director on 19 Nov 2024.
Frequently asked questions
Olive Gifts is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 14 July 2011 (15+ years old) and is registered under CIN U74999MH2011PTC219794.
Olive Gifts has 4 current directors:
- Haresh Karamchand Tolani - Director
- Rafiq Noordin Merchant - Director
- Yasmin Rafiq Merchant - Additional Director
- Minal Haresh Tolani - Additional Director
The latest financial statements of Olive Gifts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Olive Gifts has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Olive Gifts is U74999MH2011PTC219794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olive Gifts was incorporated on 14 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Minal Haresh Tolani was appointed as Additional Director on 19 Nov 2024. Yasmin Rafiq Merchant was appointed as Additional Director on 19 Nov 2024. Chandra Patidar ceased to be Director on 05 Mar 2014. Olive Gifts has 6 board changes on record in total.
Olive Gifts can be reached through the website olivegifts.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Olive Gifts is at 203 Flr 2 Owners Indls. Est., Gabriel Street Paradise Cinema, Mumbai, Maharashtra, India – 400016.
Olive Gifts operates in the trading industry, in the wholesale segment.
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