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Olympic Oil Industries Limited - Company Profile

It is a agriculture public limited company based in Mumbai, Maharashtra, India, established in 1980.

1980 | Mumbai, Maharashtra, India | Active
Last Updated:

About Olympic Oil Industries Limited

Olympic Oil Industries Limited, a active public limited company, was established on 29 July 1980 in Mumbai, Maharashtra, India. Engaging in agro retail & distribution within the trade sector, it holds CIN: L15141MH1980PLC022912. Registered under ROC Roc Mumbai. it is listed on BSE: 507609. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹2.85 Cr.

It upholds a compliant status. Its leadership includes Nipun Verma (Whole-Time Director), Arvind Srivastava (Director), Poonam Singh (Director). Past directors included Harkishandas Devshi Sanghavi, Nipun Verma, Vijay Balwant Patil. It holds ₹485.20 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 709, C Wing, One Bkc, Near Indian Oil Petrol Pump, G Block, Bandra-Kurla Complex, Bandra (E, Ast), Mumbai, Maharashtra, 400051.

Company Details

  • CIN/LLPIN

    L15141MH1980PLC022912

  • Registration Number

    022912

  • Incorporation Date

    29 July 1980

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹2.85 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 507609)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.85 Cr
  • Company Age 45 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 485.20 Cr
  • Revenue Growth -97.69%
  • Profit Growth -320.13%
  • Ebitda 7.53%
  • Net Worth -1.78%
  • Total Assets -0.22%
Company report

Olympic Oil Industries Limited

Company Report FY 2025-2026

Explore comprehensive insights into Olympic Oil Industries 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 Oil Industries Limited?

Current Directors

NameDesignationAppointment DateStatus
Nipun VermaWhole-Time Director01 Nov 2015Current
Arvind SrivastavaDirector30 Aug 2024Current
Poonam SinghDirector28 Sep 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector26 Oct 2010Past
Pramod AbcsddDirector01 Nov 2012Past
Pramod AbcsddDirector27 Oct 2010Past
Pramod AbcsddDirector27 Oct 2010Past
Pramod AbcsddDirector27 Oct 2010Past
Pramod AbcsddCompany Secretary-Past

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Financial Performance of Olympic Oil Industries.

Olympic Oil Industries Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 97.69% decrease. The company also saw a substantial fall in profitability, with a 320.13% decrease in profit. The company's net worth dipped by a decrease of 1.78%.

Olympic Oil Industries revenue growth over time
Olympic Oil Industries profit and loss trends over time
  • 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
-97.69%
Revenue from Operations
Total Assets
-0.22%
Profit or Loss
-320.13%
Net Worth
-1.78%
EBITDA
7.53%

What is the Ownership and Shareholding Structure of Olympic Oil Industries?

In 2022, Olympic Oil Industries had a promoter holding of 24.13% and a public holding of 75.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹4,852,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 250.00 Cr
  • Indian Overseas Bank : 235.00 Cr
  • The United Western Bank Ltd : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2016Indian Overseas Bank₹235.00 CrOpen
13 Mar 2013Oriental Bank Of Commerce₹250.00 CrOpen
06 May 1980The United Western Bank Ltd₹2.00 MOpen

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How Many Employees Work at Olympic Oil Industries?

Olympic Oil Industries has a workforce of 0 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Olympic Oil Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Olympic Oil Industries, 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 Oil Industries'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.

Latest Updates, News, and FAQs on Olympic Oil Industries

Recent Activity within the Organization

  • Annual General Meeting

    Olympic Oil Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Arvind Srivastava was appointed as a Director was appointed as a Director on 30 Aug 2024 & has been associated with this company since 1 year 3 months . was completed.

  • Balance Sheet

    Progress on Olympic Oil Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    Progress on A charge with Indian Overseas Bank amounted to Rs. 235.00 Cr with Charge ID 100056670 was registered on 06 Oct 2016. was documented.

  • Director Appointment

    Progress on Poonam Singh was appointed as a Director was appointed as a Director on 28 Sep 2016 & has been associated with this company since 9 years 2 months . was documented.

  • Director Appointment

    Nipun Verma was appointed as a Whole-time director was appointed as a Whole-time director on 01 Nov 2015 & has been associated with this company since 10 years 1 month . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Olympic Oil Industries Limited?

    The CIN of Olympic Oil Industries Limited is L15141MH1980PLC022912.

  • Where is Olympic Oil Industries Limited headquartered?

    Olympic Oil Industries Limited is headquartered at 709, C Wing, One Bkc, Near Indian Oil Petrol Pump, G Block, Bandra-Kurla Complex, Bandra (E, Ast), Mumbai, Maharashtra, 400051.

  • When was Olympic Oil Industries Limited incorporated?

    Olympic Oil Industries Limited was incorporated on 29 July 1980.

  • Who are the current directors of Olympic Oil Industries Limited?

    The current directors of Olympic Oil Industries Limited are

  • What is the primary industry of Olympic Oil Industries Limited?

    The primary industry of Olympic Oil Industries Limited is Trade.

  • Is Olympic Oil Industries Limited a listed company?

    Olympic Oil Industries Limited is listed. It is listed on BSE: 507609.

  • What is the capital structure of Olympic Oil Industries Limited?

    The authorized capital of Olympic Oil Industries Limited is ₹4.00 Cr, and the paid-up capital is ₹2.85 Cr.

  • What is the compliance status of Olympic Oil Industries Limited?

    The compliance status of Olympic Oil Industries Limited is Compliant.

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