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COMPANY INTELLIGENCE PROFILE

EPDPL COLIVING OPERATIONS PRIVATE LIMITED

Operates coliving spaces, short-stay accommodation, and hotels under the brand "Olive by Embassy" (sub-brands: Olive Hotels, Olive Zip [short stays], Olive Life [coliving]).

Active (confirmed — Tofler as of 13 Jul 2026; TheCompanyCheck as of Feb 2026)Not listed. Unlisted private limited company; wholly-owned operating subsidiary of Embassy Property Developments Pvt. Ltd. (per TheCompanyCheck). Not to be confused with the listed "Embassy Developments Limited" (formerly Indiabulls Real Estate) or "Embassy Office Parks REIT" — those are separate, distinct Embassy-group entities.RoC Karnataka (Tofler)
AI Overview Generating…

EPDPL Coliving Operations Private Limited, a subsidiary of Embassy Property Developments Pvt. Ltd., was incorporated on 29 June 2022. It operates under the Olive by Embassy brand offering coliving spaces, hotels, and short-stay accommodations. With 45+ locations across India, its FY2025 revenue was ₹9.65 crore, marking a 60% growth. It maintains a low debt-to-equity ratio of 0.03, indicating a strong financial position.

AI-generated, may contain errors.

Business Overview

  • Operates coliving spaces, short-stay accommodation, and hotels under the brand "Olive by Embassy", sub-brands: Olive Hotels, Olive Zip [short stays], Olive Life [coliving]. Part of the Embassy Group's hospitality vertical
  • Official brand site oliveliving.com states "45+ hotels and co-living spaces across India" in cities including Bengaluru, Goa, Vijayawada, Chikkamagalur, Hyderabad, Pune, Gurugram, and Visakhapatnam.
  • TheCompanyCheck (Feb 2026) additionally describes a newly launched "AI-native Open Hotels" line targeting ₹200 Cr revenue for FY26 under the wider Olive brand, note: this expansion detail may pertain to the broader Olive/Embassy hospitality business rather than solely this legal entity — flagged for verification.
  • Company itself is described by TheCompanyCheck as "a 4-year-old private company based in Bengaluru that operates accommodation and food service activities," and a "subsidiary of Embassy Property Developments Pvt.
  • Ltd."

Sector & Classification

NIC/Industry: Construction/Accommodation services — hotels, inns, co-living, resorts, hostels (Tofler classification); operationally an accommodation & food-service (coliving/hospitality) operator (TheCompanyCheck)

Directors & Key Management

Pandithacholanallur Ramakrishnan Rajagopalan
Director · DIN 00055416
Aditya Virwani
Director · DIN 06480521
Directors — source notes

Source conflict on current board: Tofler (snapshot dated Jul 2026, but data possibly stale) lists 2 directors — Pandithacholanallur Ramakrishnan Rajagopalan (DIN 00055416) and Aditya Virwani (DIN 06480521). TheCompanyCheck (Feb 2026, likely more recent) lists 3 directors — Aditya Virwani, Chandrasekar Balaganapathi Subramanian, and Kahraman Yigit (DINs not obtained for the latter two from sources checked). Aditya Virwani is common to both and is Embassy Group's Vice Chairman, consistent with the parent-subsidiary relationship. Treat director roster as partial/time-sensitive; DINs for Subramanian and Yigit not obtained.

GST Registrations

Primary GSTIN: not obtained (could not retrieve a specific GSTIN via KnowYourGST, FindGST, or MastersIndia in the sources checked — all returned no data/404 for this entity). Home state (inferred from registered address/RoC): Karnataka. PAN for GST linkage: AAHCE1178K (per Tofler, unverified on a second source). Number of registrations and status: not obtained.

Financials

AI Overview Generating…

EPDPL Coliving Operations Private Limited reported a revenue increase to ₹9.65 crore in FY2025, up approximately 60% year-over-year. With an operating margin of 59.81% and a net profit margin of 58.94%, their low debt-to-equity ratio of 0.03 indicates minimal borrowing. Assets increased by 14.42% annually.

AI-generated, may contain errors.

  • FY2025, TheCompanyCheck, single source but internally consistent with Tofler's independent metrics: Revenue ₹9.65 Crore, up ~60% YoY, Tofler independently corroborates "+60.35% revenue growth" and a revenue band of ₹1–10 Cr for the same period — good cross-source agreement on growth rate.
  • Tofler additionally reports: Operating margin 59.81%, Net profit margin 58.94%, implying PAT of roughly ₹5.7 Cr on the ₹9.65 Cr revenue, not stated directly by either source, Debt-to-equity 0.03 (very low), Borrowings up 61.69% YoY, magnitude/absolute value behind paywall, Assets up 14.42% YoY.
  • TheCompanyCheck states "no outstanding loans or charges," consistent with the low debt-to-equity ratio.
  • EBITDA and net worth in absolute terms: not obtained, subscription-gated on Tofler.
  • Not stated whether standalone or consolidated — presumed standalone given this is a single operating subsidiary, but not explicitly confirmed by either source.

Funding History

  • Not obtained. No dedicated funding-round information found for this entity specifically
  • As a wholly-owned operating subsidiary of Embassy Property Developments Pvt. Ltd., capital appears to come from the parent, see paid-up capital movement, rather than external funding rounds. No Tracxn round data found in the sources checked this session.

Shareholding

  • Not obtained in specific percentage terms from a primary filing
  • TheCompanyCheck describes the company as "a subsidiary of Embassy Property Developments Pvt. Ltd.," implying majority/full ownership by that parent, but exact shareholding percentage was not confirmed.

Loans & Charges

  • No outstanding loans or charges reported, TheCompanyCheck, Feb 2026, consistent with Tofler's low debt-to-equity ratio (0.03). Charge-register details, charge holder names, dates, amounts, not obtained.

Competitive Landscape

  • Named peers in the branded coliving/managed-accommodation space, rough scale tags, general market knowledge — not source-verified per-company financials: (1) OYO Life / OYO, large, pan-India, hospitality + coliving, (2) Stanza Living, large, VC-funded, major coliving operator, (3) Zolo Stays, large, VC-funded coliving chain, (4) Colive, mid-large, coliving operator, (5) Nestaway, mid-size, coliving/rental platform, (6) Settl., smaller, coliving operator.
  • Olive by Embassy is comparatively a smaller/niche entrant leveraging Embassy Group's existing real-estate assets rather than pure VC-funded scale-up.

Frequently Asked Questions

What does EPDPL Coliving Operations Private Limited do?

EPDPL Coliving Operations Private Limited operates coliving spaces, short-stay accommodation, and hotels under the brand 'Olive by Embassy'. Sub-brands include Olive Hotels, Olive Zip, and Olive Life, offering services across various Indian cities.

What is the incorporation date of EPDPL Coliving Operations Private Limited?

The company was incorporated on 29 June 2022.

What is the CIN of EPDPL Coliving Operations Private Limited?

The CIN of the company is U45201KA2022PTC163114.

Where is the registered office of EPDPL Coliving Operations Private Limited located?

The registered office is located at 1st Floor, Embassy Point, 150 Infantry Road, Bengaluru, Karnataka - 560001.

Sources

Tofler (tofler.in) — company profile and financials pages for U45201KA2022PTC163114; TheCompanyCheck (thecompanycheck.com) — company overview page for same CIN; Indian Kanoon (indiankanoon.org) — legal search, zero results; oliveliving.com — official brand website (domain, logo, business description, city list). Falconebiz, KnowYourGST, FindGST, MastersIndia were attempted but returned 404s or no retrievable data for this entity.

Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.