Ols Clearing & Forwarding Private Limited
About Ols Clearing & Forwarding Private Limited
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Ols Clearing & Forwarding Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Wiz Logtec India Private Limited. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 24 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74990TN2011PTC082854. Its GSTIN is 33AABCO5562D1ZR (Tamil Nadu). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Sonia Balagopal and Ramkumar Govindarajan.
Its last annual general meeting (AGM) was held on 03 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 56/ 57 1st Floor Rajaji Salai, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.87 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹1.89 Cr (net margin -5%) and EBITDA of -₹2.41 Cr (EBITDA margin -6.4%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 50% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ols Clearing & Forwarding Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 56/ 57 1st Floor Rajaji Salai, Chennai, Tamil Nadu, India – 600001
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Ols Clearing & Forwarding 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 Ols Clearing & Forwarding is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Ols Clearing & Forwarding Private Limited, buy the company report.
Financials of Ols Clearing & Forwarding Private Limited
FY 2024 filings availableOls Clearing & Forwarding Private Limited reported revenue of ₹37.87 Cr (up 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 39% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹37.87 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.89 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.4% | ||||
| Net Profit Margin | -5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ols Clearing & Forwarding Private Limited, buy the company report.
Board of directors of Ols Clearing & Forwarding Private Limited
Ols Clearing & Forwarding has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonia Balagopal | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Ramkumar Ramachandran Also directs: Unikon Shipping Ventures LLP, Wiz Logtec India Private Limited, Radar Ventures Private Limited and 5 more | Additional Director | 28 Feb 2024 | 2 Years 8 Months | Current |
| Ramkumar Govindarajan Also directs: Unikon Shipping Ventures LLP, Wiz Logtec India Private Limited, Radar Ventures Private Limited and 5 more | Director | 28 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Ols Clearing & Forwarding Private Limited is audited by GURU & RAM LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GURU & RAM LLP | FY 2024 | 009723S |
Shareholding
The shareholding of Ols Clearing & Forwarding Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ols Clearing & Forwarding Private Limited, buy the company report.
Legal cases
Ols Clearing & Forwarding Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Condn of Delay-ULP) | Filed against the company by an individual | Pending |
To see the full case history of Ols Clearing & Forwarding 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 Ols Clearing & Forwarding Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ols Clearing & Forwarding Private Limited has a workforce of 55 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
GST
Ols Clearing & Forwarding has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCO5562D1ZR | Tamil Nadu | Active | 01 Jul 2017 |
| 07AABCO5562D1ZM | Delhi | Active | 01 Jul 2017 |
| 27AABCO5562D1ZK | Maharashtra | Active | 01 Jul 2017 |
| 29AABCO5562D1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ols Clearing & Forwarding Private Limited, buy the company report.
Recent activity
Ols Clearing & Forwarding Private Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Radhakrishnan Jayaram ceased to be Director on 01 Mar 2024.
Frequently asked questions
Ols Clearing & Forwarding is an active private limited company based in Chennai, Tamil Nadu, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 24 October 2011 (15+ years old) and is registered under CIN U74990TN2011PTC082854.
Ols Clearing & Forwarding has 3 current directors:
- Sonia Balagopal - Director
- Ramkumar Ramachandran - Additional Director
- Ramkumar Govindarajan - Director
The latest financial statements of Ols Clearing & Forwarding on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 03 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ols Clearing & Forwarding is 33AABCO5562D1ZR, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 07AABCO5562D1ZM (Delhi), 27AABCO5562D1ZK (Maharashtra), 29AABCO5562D1ZG (Karnataka).
The CIN (Corporate Identification Number) of Ols Clearing & Forwarding is U74990TN2011PTC082854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ols Clearing & Forwarding has 1 court case on record: 1 filed against it. 1 is pending.
Ols Clearing & Forwarding was incorporated on 24 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Radhakrishnan Jayaram ceased to be Director on 01 Mar 2024. Ramkumar Govindarajan was appointed as Director on 28 Feb 2024. Ramkumar Ramachandran was appointed as Additional Director on 28 Feb 2024. Ols Clearing & Forwarding has 7 board changes on record in total.
The registered office of Ols Clearing & Forwarding is at No. 56 57 1st Floor Rajaji Salai, Chennai, Tamil Nadu, India – 600001.
Ols Clearing & Forwarding operates in the transport and logistics industry, in the carrying and forwarding agents (cfa) segment.