Olympic Sportsware & Equipments Private Limited - Company Profile

It is a consumer goods private limited company based in Bangalore, Karnataka, India, established in 1989.
1989 Bangalore, Karnataka, India Under Liquidation
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About Olympic Sportsware & Equipments Private Limited

Olympic Sportsware & Equipments Private Limited, a under liquidation private limited company, was established on 02 January 1989 in Bangalore, Karnataka, India. Engaging in sports equipment manufacturing within the manufacturing sector, it holds CIN: U36931KA1989PTC009742. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.73 Cr.

It upholds a compliant status. Employing 17 professional, Its leadership includes Madhugiri Venkatarayappa Sudarshan (Irp/Rp/Liquidator), Chittlur Venkatanarayanasetty Ashokkumar (Managing Director), Akilesh Naga Ashok Kumar Chittlur (Director). Past directors included Sindhu Akilesh Naga Chittlur, Chittlur Venkatanarayanasetty Ashokkumar, Anitha Ashok Kumar. It holds ₹9.45 Cr open charges and ₹10.65 Cr settled loans. Its latest AGM occurred on 13 September 2022, with the balance sheet filed on 31 March 2022. It is based at Plot No. 9, 4Th Phase, Bommasandra Industrial Area (Sub-Layout), Hosur Road, Bangalore, Karnataka, 560099.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U36931KA1989PTC009742

  • Registration Number

    009742

  • Incorporation Date

    02 January 1989

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.73 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.73 Cr
  • Company Age 37 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 9.45 Cr
  • Satisfied Charges ₹ 10.65 Cr
  • Revenue Growth **** -100.00%
  • Profit Growth **** -25.38%
  • Ebitda **** -311.54%
  • Net Worth -14.88%
  • Total Assets -6.35%
Company report

Olympic Sportsware & Equipments Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Olympic Sportsware & Equipments 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 Sportsware & Equipments Private Limited?
Current Directors
Name Designation Appointment Date Status
Madhugiri Venkatarayappa Sudarshan Irp/Rp/Liquidator 15 Jul 2025 Current
Chittlur Venkatanarayanasetty Ashokkumar Managing Director 06 Jun 2002 Current
Akilesh Naga Ashok Kumar Chittlur Director 22 Mar 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Dec 2016 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Director 19 Jan 2017 Past

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Financial Performance of Olympic Sportsware & Equipments.

Olympic Sportsware & Equipments Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 25.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.88%.

Olympic Sportsware & Equipments revenue growth over time
Olympic Sportsware & Equipments 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
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 -100.00%
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Revenue from Operations
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 -100.00%
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*******
*******
Total Assets
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 -6.35%
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*******
Profit or Loss
*******
 -25.38%
*******
*******
*******
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Net Worth
*******
 -14.88%
*******
*******
*******
*******
EBITDA
*******
 -311.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Olympic Sportsware & Equipments?

In 2022, Olympic Sportsware & Equipments had a public holding of 44.47%. 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

₹94,497,000.00

Satisfied Charges

₹106,450,000.00

Charges Breakdown by Lending Institutions
  • The National Co-Operative Bank Ltd : 9.00 Cr
  • K.S.F.C. : 0.30 Cr
  • The Vysya Bank Ltd : 0.15 Cr
Latest Charge Details
Date Lender Amount Status
10 Jan 2015 The National Co-Operative Bank Ltd ₹9.00 Cr Open
17 Nov 2005 K.S.F.C. ₹0.85 M Open
17 May 2005 K.S.F.C. ₹2.15 M Open
13 Dec 1997 The Vysya Bank Ltd ₹0.40 M Open
13 Dec 1997 The Vysya Bank Ltd ₹0.40 M Open

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How Many Employees Work at Olympic Sportsware & Equipments?

Unlock and access historical data on people associated with Olympic Sportsware & Equipments, 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 Sportsware & Equipments, 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 Sportsware & Equipments'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 Sportsware & Equipments
Recent Activity within the Organization
  • Director Appointment

    The activity Madhugiri Venkatarayappa Sudarshan was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 15 Jul 2025 & has been associated with this company since 7 months 14 days . was completed.

  • Annual General Meeting

    The activity Olympic Sportsware & Equipments Private Limited last Annual general meeting of members was held on 13 Sep 2022 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Olympic Sportsware & Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore. was documented.

  • Charges

    Progress on A charge registered on 13 Oct 2010 via Charge ID 10251528 with Karnataka Bank Ltd was fully satisfied on 16 Jan 2015. was documented.

  • Charges

    A charge with The National Co-Operative Bank Ltd amounted to Rs. 9.00 Cr with Charge ID 10546827 was registered on 10 Jan 2015. was recorded as a recent event.

  • Charges

    A charge registered on 21 Jan 2014 via Charge ID 10479708 with Sir M Visvesvaraya Co-Operative Bank Limited was fully satisfied on 10 Jan 2015. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Olympic Sportsware & Equipments Private Limited?

The CIN of Olympic Sportsware & Equipments Private Limited is U36931KA1989PTC009742.

Where is Olympic Sportsware & Equipments Private Limited headquartered?

Olympic Sportsware & Equipments Private Limited is headquartered at Plot No. 9, 4Th Phase, Bommasandra Industrial Area (Sub-Layout), Hosur Road, Bangalore, Karnataka, 560099.

When was Olympic Sportsware & Equipments Private Limited incorporated?

Olympic Sportsware & Equipments Private Limited was incorporated on 02 January 1989.

Who are the current directors of Olympic Sportsware & Equipments Private Limited?

The current directors of Olympic Sportsware & Equipments Private Limited are

What is the primary industry of Olympic Sportsware & Equipments Private Limited?

The primary industry of Olympic Sportsware & Equipments Private Limited is Manufacturing.

Is Olympic Sportsware & Equipments Private Limited a listed company?

Olympic Sportsware & Equipments Private Limited is unlisted.

What is the capital structure of Olympic Sportsware & Equipments Private Limited?

The authorized capital of Olympic Sportsware & Equipments Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.73 Cr.

What is the compliance status of Olympic Sportsware & Equipments Private Limited?

The compliance status of Olympic Sportsware & Equipments Private Limited is Compliant.

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