
About Olneva India Private Limited
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Olneva India Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 20 July 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2022PTC387090.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Sharma and Mohit Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 1 Raghuchandra Niwasbalkum Pada – 2, Thane, Maharashtra, India – 400601.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.45 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹1.22 Lakh (net margin -12.9%) and EBITDA of -₹1.09 Lakh (EBITDA margin -11.6%).
Olneva India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0228515). For more details, the company can be reached via its website kingdomlubes.com.
Company details
Recognitions & Rankings of Olneva India
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-33-0228515
Contact details
Olneva India Private Limited's registered office is in Thane, Maharashtra.
- Registered AddressG – 1 Raghuchandra Niwasbalkum Pada – 2, Thane, Maharashtra, India – 400601
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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 Olneva India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Olneva India Private Limited, buy the company report.
Financials of Olneva India Private Limited
FY 2024 filings availableOlneva India Private Limited reported revenue of ₹9.45 Lakh (down 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹1.09 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.22 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -11.6% | |
| Net Profit Margin | -12.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Olneva India Private Limited, buy the company report.
Board of directors of Olneva India Private Limited
Olneva India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Sharma | Director | 20 Jul 2022 | 4 Years 3 Months | Current |
| Mohit Sharma Also directs: X-Port Freight and Shipping Private Limited | Director | 20 Jul 2022 | 4 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Olneva India 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 Olneva India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Olneva India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Olneva India Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Mohit Sharma was appointed as Director on 20 Jul 2022.
Frequently asked questions
Olneva India is an active private limited company based in Thane, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 20 July 2022 (4+ years old) and is registered under CIN U24290MH2022PTC387090.
Olneva India has 2 current directors:
- Rajesh Sharma - Director
- Mohit Sharma - Director
The latest financial statements of Olneva India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Olneva India is U24290MH2022PTC387090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olneva India was incorporated on 20 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Mohit Sharma was appointed as Director on 20 Jul 2022. Rajesh Sharma was appointed as Director on 20 Jul 2022.
Yes, Olneva India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Olneva India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0228515).
Olneva India can be reached through the website kingdomlubes.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Olneva India is at G – 1 Raghuchandra Niwasbalkum Pada – 2, Thane, Maharashtra, India – 400601.

