- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KL-02-0002571

About Olive Nest Private Limited
Data last updated:
Olive Nest Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 26 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2009PTC196662. Its GSTIN is 32AABCO2210L1ZX (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Simi Mathew Parappurathu and Parappurathu Varghese Mathai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. 103/104 Plot No. 76 J. K. Chambers Sector – 17 Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.05 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹28.2 Lakh (net margin 5.6%) and EBITDA of ₹1.19 Cr (EBITDA margin 23.5%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 13% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.04 Cr and satisfied charges of ₹14.58 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending.
Olive Nest Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0002571). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olivehotels.com.
Company details
Recognitions & Rankings of Olive Nest
Contact details
Olive Nest Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is olivehotels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 103/104 Plot No. 76 J. K. Chambers Sector – 17 Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Olive Nest 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 Nest is accommodation and food service activities. In detail, this covers accommodation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation |
To see the full business activity and turnover split of Olive Nest Private Limited, buy the company report.
Financials of Olive Nest Private Limited
FY 2024 filings availableOlive Nest Private Limited reported revenue of ₹5.05 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA fell 15% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.2 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.5% | ||||
| Net Profit Margin | 5.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Olive Nest Private Limited, buy the company report.
Board of directors of Olive Nest Private Limited
Olive Nest has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Simi Mathew Parappurathu Also directs: Medayil Healthcare LLP, Roael Multisolutions LLP, Olive Ventures Private Limited and 2 more | Director | 24 Feb 2011 | 15 Years 8 Months | Current |
| Parappurathu Varghese Mathai Also directs: Olive Ventures Private Limited, Highland Star Hotels and Resorts Private Limited, Olive Infra & Lifestyle LLP and 1 more | Director | 26 Oct 2009 | 17 Years 0 Months | Current |
| Sarakutty Mathai Also directs: Olive Ventures Private Limited, Highland Star Hotels and Resorts Private Limited, Olive Infra & Lifestyle LLP and 1 more | Director | 26 Oct 2009 | 17 Years 0 Months | Current |
| Mathew Thomas Also directs: Medayil Healthcare LLP, Roael Multisolutions LLP, Highland Star Hotels and Resorts Private Limited and 1 more | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
Auditor
Olive Nest Private Limited is audited by R H MEHTA &CO CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R H MEHTA &CO CHARTERED ACCOUNTANTS | FY 2023 | 040828 |
Shareholding
The shareholding of Olive Nest 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 Nest Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2018 | 100228190 | Hdfc Bank Limited | ₹8.89 Cr | Open | |
| 24 Nov 2017 | 100138142 | Others | ₹15 Lakh | Open | |
| 05 Oct 2018 | 100207297 | Others | ₹54.9 Lakh | Satisfied | |
| 23 Mar 2018 | 100180612 | Others | ₹6.03 Cr | Satisfied | |
| 24 Feb 2016 | 100099231 | Others | ₹8 Cr | Satisfied |
To see the full charge records of Olive Nest Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Olive Nest Private Limited has 6 court cases on record: 3 filed by Olive Nest, 3 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Appeal | Filed against the company by Olive Courtyard Owners Association | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against Olive Courtyard Owners Association | Pending |
| District court, Ernakulam, Kerala | Appeal | Filed against the company by Olive Courtyard Owners Association | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala and 2 others | Disposed |
To see the full case history of Olive Nest 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
No delayed payments to MSME suppliers are on our record for Olive Nest Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Olive Nest Private Limited has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Olive Nest has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCO2210L1ZX | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Olive Nest Private Limited, buy the company report.
Recent activity
Olive Nest Private Limited has 5 board changes on record since 2009: 4 appointments and 1 cessation. The latest: Nimi Parappurathu Mathew ceased to be Director on 21 Mar 2017.
5 earlier events are in the company report.
Frequently asked questions
Olive Nest is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 26 October 2009 (17+ years old) and is registered under CIN U55101MH2009PTC196662.
Olive Nest has 4 current directors:
- Simi Mathew Parappurathu - Director
- Parappurathu Varghese Mathai - Director
- Sarakutty Mathai - Director
- Mathew Thomas - Director
The latest financial statements of Olive Nest on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Olive Nest is 32AABCO2210L1ZX, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Olive Nest is U55101MH2009PTC196662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olive Nest has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Olive Nest was incorporated on 26 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Nimi Parappurathu Mathew ceased to be Director on 21 Mar 2017. Mathew Thomas was appointed as Director on 01 Apr 2013. Simi Mathew Parappurathu was appointed as Director on 24 Feb 2011. Olive Nest has 5 board changes on record in total.
Yes, Olive Nest is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0002571).
Olive Nest can be reached through the website olivehotels.com. Its registered office is in Navi Mumbai, Maharashtra, India.