Olympian Textile Processors Limited

Olympian Textile Processors Limited - manufacturing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U17116PB1994PLC014188 Incorporated 02 February 1994 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Public Limited Company manufacturing
Data last updated
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.17 Cr
Issued & subscribed
Open charges
₹92.96 Lakh
Satisfied ₹92 Lakh
Company age
32 yrs
Est. 1994
Directors on board
3
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2015
Balance sheet date
Last AGM
30 Sep 2015
Annual general meeting

About Olympian Textile Processors Limited

Data last updated:

Olympian Textile Processors Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 February 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17116PB1994PLC014188. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.17 Cr. It is led by directors including Simmi Modgill and Surinder Sharma.

Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Modgill Bhavan Street No.2 Bal Singh Nagar Rahon Road., Ludhiana, Punjab, India – 141007.

As per MCA filings, the company has open charges of ₹92.96 Lakh and satisfied charges of ₹92 Lakh on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U17116PB1994PLC014188
Registration Number 014188
Incorporation Date 02 February 1994
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2015
Date of Balance Sheet 31 March 2015
Compliance Status Active Non-Compliant

CIN history

Olympian Textile Processors has one previous CIN (Corporate Identification Number): L17116PB1994PLC014188. The current CIN is U17116PB1994PLC014188, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17116PB1994PLC014188Current
L17116PB1994PLC014188Previous

Contact details

Olympian Textile Processors Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Modgill Bhavan Street No.2 Bal Singh Nagar Rahon Road., Ludhiana, Punjab, India – 141007
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Olympian Textile Processors Limited, buy the company report.

Comprehensive company report
Olympian Textile Processors Limited - one report that includes everything
  • 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
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Financials of Olympian Textile Processors Limited

FY 2015 filings available

Financial Statement Summary

MetricsFY 2014-15
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 Olympian Textile Processors Limited, buy the company report.

Board of directors of Olympian Textile Processors Limited

Olympian Textile Processors has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Simmi ModgillDirector18 Dec 200025 Years 10 MonthsCurrent
Surinder SharmaDirector22 Apr 200323 Years 6 MonthsCurrent
Ashwani KumarDirector04 Apr 200224 Years 6 MonthsCurrent

Auditor

Olympian Textile Processors Limited is audited by VIPAN KUMAR AGGARWAL & CO for the financial year 2015.

Auditor firmFinancial yearFirm registration number
VIPAN KUMAR AGGARWAL & COFY 2015081198

Shareholding

The shareholding of Olympian Textile Processors Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2015
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Olympian Textile Processors Limited, buy the company report.

Charges & borrowings

Open charges
₹92.96 Lakh
Satisfied charges
₹92 Lakh
Breakdown by lending institutions
Bank of Baroda₹0.93 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Jan 199890167529Bank of Baroda₹3.98 LakhOpen
14 Jan 199890169004Bank of Baroda₹3.98 LakhOpen
29 Jun 199790168924Bank of Baroda₹72 LakhOpen
24 Jun 199790168922Bank of Baroda₹13 LakhOpen
02 Apr 200290169652Karnataka Bank Limited₹75 LakhSatisfied

To see the full charge records of Olympian Textile Processors Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Olympian Textile Processors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Olympian Textile Processors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Olympian Textile Processors Limited, buy the company report.

Recent activity

Olympian Textile Processors Limited has 7 board changes on record since 2000: 3 appointments and 4 cessations. The latest: Harbans Lal Luthra ceased to be Director on 31 Dec 2011.

AGM
Olympian Textile Processors Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.
Filing
Olympian Textile Processors Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Chandigarh.
Charges
A charge registered on 02 Apr 2002 via Charge ID 90169652 with Karnataka Bank Limited was fully satisfied on 21 Mar 2012.
Charges
A charge registered on 28 Mar 2002 via Charge ID 90169647 with The Karnatka Bank Ltd. was fully satisfied on 21 Mar 2012.
Ceased
Harbans Lal Luthra ceased to be Director.
Ceased
Pawan Modgill ceased to be Director.
Ceased
Ranjeev Kumar Grover ceased to be Director.
Ceased
Balbinder Kumar Modgill ceased to be Director.
Charges
A charge with Karnataka Bank Limited of Rs. 0.75 Cr registered on 02 Apr 2002 with Charge ID 90169652 was modified on 02 May 2007.
Appointed
Surinder Sharma was appointed as Director.
Appointed
Ashwani Kumar was appointed as Director.
Charges
A charge with Karnataka Bank Limited amounted to Rs. 0.75 Cr with Charge ID 90169652 was registered on 02 Apr 2002.

10 earlier events are in the company report.

Frequently asked questions

Olympian Textile Processors is an active public limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 February 1994 (32+ years old) and is registered under CIN U17116PB1994PLC014188.

Olympian Textile Processors has 3 current directors:

The latest financial statements of Olympian Textile Processors on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.

No. Olympian Textile Processors has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Olympian Textile Processors is U17116PB1994PLC014188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Olympian Textile Processors has 8 court cases on record: 2 filed by the company and 6 filed against it.

Olympian Textile Processors was incorporated on 02 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.

Harbans Lal Luthra ceased to be Director on 31 Dec 2011. Pawan Modgill ceased to be Director on 31 Dec 2011. Ranjeev Kumar Grover ceased to be Director on 31 Dec 2011. Olympian Textile Processors has 7 board changes on record in total.

The registered office of Olympian Textile Processors is at Modgill Bhavan Street No.2 Bal Singh Nagar Rahon Road., Ludhiana, Punjab, India – 141007.

Olympian Textile Processors operates in the manufacturing industry, in the textile and fabric production segment.