Olympic Express Air Services Private Limited - Company Profile

It is a transport and logistics private limited company based in Thane, Maharashtra, India, established in 1999.
1999 Thane, Maharashtra, India Active
Last Updated:
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About Olympic Express Air Services Private Limited

Olympic Express Air Services Private Limited, a active private limited company, was established on 26 February 1999 in Thane, Maharashtra, India. Engaging in travel & tour services within the transport and logistics sector, it holds CIN: U63040MH1999PTC118554. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.45 M.

It upholds a active non-compliant status. Its leadership includes Sanjay Vasantlal Thanawala (Director), Rajesh Chandrakant Thanawala (Director), Samir Chandrakant Thanawala (Director). Past directors included Sanjay Vasantlal Thanawala, Piyush Vasantlal Thanawala, Rajesh Chandrakant Thanawala. It holds ₹9.40 M open charges and no settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at Ram Niwasbasement Gokhale Rd Naupada, Thane, Maharashtra, 400602.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U63040MH1999PTC118554

  • Registration Number

    118554

  • Incorporation Date

    26 February 1999

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.45 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.45 M
  • Company Age 27 Year, 10 Days
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 9.40 M
  • Revenue Growth **** 1.74%
  • Profit Growth **** -10.29%
  • Ebitda **** 1.87%
  • Net Worth 119.80%
  • Total Assets -6.45%
Company report

Olympic Express Air Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Olympic Express Air Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Olympic Express Air Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Sanjay Vasantlal Thanawala Director 26 Feb 1999 Current
Rajesh Chandrakant Thanawala Director 26 Feb 1999 Current
Samir Chandrakant Thanawala Director 26 Feb 1999 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 12 Mar 2019 Past
Pramod Abcsdd Director 04 Dec 2018 Past
Pramod Abcsdd Director 12 Mar 2019 Past

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Financial Performance of Olympic Express Air Services.

Olympic Express Air Services Private Limited, for the financial year ended 2015, experienced modest growth in revenue, with a 1.74% increase. The company also saw a substantial fall in profitability, with a 10.29% decrease in profit. The company's net worth Soared by an impressive increase of 119.8%.

Olympic Express Air Services revenue growth over time
Olympic Express Air Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 1.74%
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*******
*******
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Revenue from Operations
*******
 1.58%
*******
*******
*******
*******
Total Assets
*******
 -6.45%
*******
*******
*******
*******
Profit or Loss
*******
 -10.29%
*******
*******
*******
*******
Net Worth
*******
 119.80%
*******
*******
*******
*******
EBITDA
*******
 1.87%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Olympic Express Air Services?

In 2017, Olympic Express Air Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹9,400,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The Thane Janata Sahakari Bank Ltd : 0.62 Cr
  • Tjsb Sahakari Bank Limited : 0.32 Cr
Latest Charge Details
Date Lender Amount Status
07 Jul 2004 The Thane Janata Sahakari Bank Ltd ₹3.50 M Open
28 Sep 2001 Tjsb Sahakari Bank Limited ₹3.20 M Open
28 Sep 2001 The Thane Janata Sahakari Bank Ltd ₹0.90 M Open
09 Oct 2000 The Thane Janata Sahakari Bank Ltd ₹0.20 M Open
28 Mar 2000 The Thane Janata Sahakari Bank Ltd ₹0.30 M Open

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How Many Employees Work at Olympic Express Air Services?

Unlock and access historical data on people associated with Olympic Express Air Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Olympic Express Air Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Olympic Express Air Services's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Olympic Express Air Services
Recent Activity within the Organization
  • Annual General Meeting

    The activity Olympic Express Air Services Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was completed.

  • Balance Sheet

    Olympic Express Air Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai. was recorded as a recent event.

  • Charges

    A charge with Tjsb Sahakari Bank Limited of Rs. 3.20 M registered on 28 Sep 2001 with Charge ID 90143591 was modified on 28 Dec 2017. was recorded as a recent event.

  • Charges

    The activity A charge with The Thane Janata Sahakari Bank Ltd of Rs. 0.90 M registered on 28 Sep 2001 with Charge ID 90146221 was modified on 09 Oct 2004. was completed.

  • Charges

    Progress on A charge with The Thane Janata Sahakari Bank Ltd amounted to Rs. 3.50 M with Charge ID 90145274 was registered on 07 Jul 2004. was documented.

  • Charges

    The activity A charge with The Thane Janata Sahakari Bank Ltd amounted to Rs. 0.90 M with Charge ID 90146221 was registered on 28 Sep 2001. was completed.

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Frequently Asked Questions
What is the CIN of Olympic Express Air Services Private Limited?

The CIN of Olympic Express Air Services Private Limited is U63040MH1999PTC118554.

Where is Olympic Express Air Services Private Limited headquartered?

Olympic Express Air Services Private Limited is headquartered at Ram Niwasbasement Gokhale Rd Naupada, Thane, Maharashtra, 400602.

When was Olympic Express Air Services Private Limited incorporated?

Olympic Express Air Services Private Limited was incorporated on 26 February 1999.

Who are the current directors of Olympic Express Air Services Private Limited?

The current directors of Olympic Express Air Services Private Limited are

What is the primary industry of Olympic Express Air Services Private Limited?

The primary industry of Olympic Express Air Services Private Limited is Transport And Logistics.

Is Olympic Express Air Services Private Limited a listed company?

Olympic Express Air Services Private Limited is unlisted.

What is the capital structure of Olympic Express Air Services Private Limited?

The authorized capital of Olympic Express Air Services Private Limited is ₹0.50 M, and the paid-up capital is ₹0.45 M.

What is the compliance status of Olympic Express Air Services Private Limited?

The compliance status of Olympic Express Air Services Private Limited is Active Non-Compliant.

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