Olive Petrochem LLP
About Olive Petrochem LLP
Data last updated:
Olive Petrochem LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 12 April 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAO-8941. Its GSTIN is 24AAGFO4242C1ZQ (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Siddharth Sumer Kothari and Kunal Sumer Kothari.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 404 Florence Above Sharma Hyundai Opp.Ashram Road Po Ashram Road, Ahmedabad, Gujarat, India – 380009.
The LLP is associated with 1 brand: Oscar Chemicals. As per MCA filings, the LLP has open charges of ₹1 Cr on record.
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- Registered Address404 Florence Above Sharma Hyundai Opp.Ashram Road Po Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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
Associated Brands with Olive Petrochem LLP
Olive Petrochem operates one associated brand: Oscar Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chemical trading company supplying raw materials, solvents, and bulk drugs to industries. | oscarchemicals.com |
Designated Partners of Olive Petrochem LLP
Olive Petrochem has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Sumer Kothari Also directs: Oschem Pharma LLP, Oscar Chemicals Pvt Ltd, Oscar Lifesciences Private Limited and 1 more | Designated Partner | 12 Apr 2019 | 7 Years 5 Months | Current |
| Kunal Sumer Kothari | Designated Partner | 12 Apr 2019 | 7 Years 5 Months | Current |
Financials of Olive Petrochem LLP FY 2025 filings available
Financial Statement Summary of Olive Petrochem LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Olive Petrochem LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Olive Petrochem are in the company report.
Financial statements from FY 2020
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.
Charges & Borrowings of Olive Petrochem LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2024 | The Kalupur Commercial Co-Operative Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Olive Petrochem LLP
Employment history and EPFO contributions of people linked to Olive Petrochem.
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.
GST Compliance of Olive Petrochem LLP
Olive Petrochem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGFO4242C1ZQ | Gujarat | Active | 28 Jul 2021 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Olive Petrochem LLP
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 Petrochem LLP
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 Petrochem LLP
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.
MCA Filings & Documents of Olive Petrochem LLP
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.
Recent Activity on Olive Petrochem LLP
Frequently Asked Questions about Olive Petrochem LLP
Olive Petrochem is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 12 April 2019 (7+ years old) and is registered under LLPIN AAO-8941.
Olive Petrochem has 2 current designated partners:
- Siddharth Sumer Kothari - Designated Partner
- Kunal Sumer Kothari - Designated Partner
The GSTIN of Olive Petrochem is 24AAGFO4242C1ZQ, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Olive Petrochem is AAO-8941. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Olive Petrochem was incorporated on 12 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Olive Petrochem is at 404 Florence Above Sharma Hyundai Opp.Ashram Road Po Ashram Road, Ahmedabad, Gujarat, India – 380009.
The total obligation of contribution is ₹1 Lakh.
Olive Petrochem operates in the chemicals and materials industry, in the chemical distribution and retail segment.
Olive Petrochem has open charges of ₹1 Cr and no satisfied charges on record as per latest MCA filings.