Mesua ferrea Linn. Has been investigated by many workers for its constituents. Previous phytochemical studies have revealed this genus to be rich in secondary metabolites including phenylcoumarins, xanthones and triterpenoids. So far, not many studies have been carried out on this genus but there are some reports on this plant. Our recent study on the hexane extract of the seeds of Mesua ferrea Linn, have led to the isolation of steroidal compound. The structure of the compound has been established by modern spectroscopic techniques such as IR, ¹H-NMR, ¹³C-NMR and mass-spectroscopy and identified as 3-O-Glucopyranosyl oleanane-12,15-diene.