Olympic Oil Industries Limited (OOIL) was incorporated on July 29, 1980 under the Companies Act, 1956 in the state of Maharashtra.

The registered and corporate office of OOIL is situated at 11, Radha Mandir Building, 213, Sir Bhalchandra Road, Behind Ruia College, Matunga (E), Mumbai 400019.

The company was incorporated with the main object of carrying activities in extracting oil either by crushing, by chemical or by any other processes from copra, mustard, rape seed, til seed, cotton seed, lin seed, castor seed, groundnuts or any other nut or seed or oil bearing substance.

The company plans to produce and to deal in hydrogenated oils, vegetable ghee, butter substitutes and all other kinds of oils and oil preparation and primarily to carry on business of manufacture and dealers in all kinds of oils, oilseeds, oil products and the cultivation of oil seeds and the business of buyers, dealers and sellers of oil seeds and oil product.

As on date, the company does not have any manufacturing facilities.