About Optical Palace Private Limited
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Optical Palace Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 14 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2013PTC196494. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rehana Hamid and Matin.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 81/A Chittranjan Avenue 3rd Floor Bowbazar, Kolkata, West Bengal, India – 700073.
As per the financials filed for FY 2022, the company reported a revenue of ₹42.01 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹11,500 (net margin 0.3%) and EBITDA of ₹3.66 Lakh (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 25% over five years.
Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website opticalpalace.co.in.
Company details
Contact details
Optical Palace Private Limited's registered office is in Kolkata, West Bengal. Its website is opticalpalace.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address81/A Chittranjan Avenue 3rd Floor Bowbazar, Kolkata, West Bengal, India – 700073
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Optical Palace Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Optical Palace is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Optical Palace Private Limited, buy the company report.
Financials of Optical Palace Private Limited
FY 2022 filings availableOptical Palace Private Limited reported revenue of ₹42.01 Lakh (down 10% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 10% fall in the latest year. EBITDA fell 2% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹3.66 Lakh | ||||
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| Net Profit (PAT) | ₹11,500 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Optical Palace Private Limited, buy the company report.
Board of directors of Optical Palace Private Limited
Optical Palace has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rehana Hamid | Director | 14 Aug 2013 | 13 Years 2 Months | Current |
| Matin | Additional Director | 25 Apr 2019 | 7 Years 5 Months | Current |
Peer comparison
Optical Palace Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GMT Opticals Private Limited | ₹42.47 Lakh (FY 2024) | -5.0% | Chennai, Tamil Nadu, India | |||
| PNJ Antiques Private Limited | ₹42.1 Lakh (FY 2025) | -11.0% | Delhi, India | |||
| Subhphal Marketing Private Limited | ₹42.09 Lakh (FY 2024) | -9.0% | Kolkata, West Bengal, India | |||
| Optical Palace Private Limitedthis company | ₹42.01 Lakh (FY 2022) | ₹11,500 | 0.3% | -10.0% | Kolkata, West Bengal, India | |
| Naakwa Trading Private Limited | ₹41.34 Lakh (FY 2020) | -43.0% | Mysore, Karnataka, India |
To see the full peer comparison of Optical Palace Private Limited, buy the company report.
Auditor
Optical Palace Private Limited is audited by H K GUPTA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H K GUPTA & CO | FY 2019 | 325341E |
Shareholding
The shareholding of Optical Palace Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Optical Palace Private Limited, buy the company report.
Legal cases
Optical Palace Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Essilor India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Essilor India Pvt Ltd | Disposed |
| District court, North, Delhi | Civil suit | Filed against the company by M/S. Sunbeam Opticals | Pending |
| District court, North West, Delhi | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Optical Palace Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Optical Palace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Optical Palace has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Optical Palace Private Limited, buy the company report.
Recent activity
Optical Palace Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Matin was appointed as Additional Director on 25 Apr 2019.
Frequently asked questions
Optical Palace is an active private limited company based in Kolkata, West Bengal, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 14 August 2013 (13+ years old) and is registered under CIN U74900WB2013PTC196494.
Optical Palace has 2 current directors:
- Rehana Hamid - Director
- Matin - Additional Director
The latest financial statements of Optical Palace on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Optical Palace has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Optical Palace is U74900WB2013PTC196494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Optical Palace has 4 court cases on record: 4 filed against it. 2 are pending.
Optical Palace was incorporated on 14 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Optical Palace by revenue are GMT Opticals Private Limited, PNJ Antiques Private Limited, Subhphal Marketing Private Limited, Naakwa Trading Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (retail trading).
Matin was appointed as Additional Director on 25 Apr 2019. Mohammad Minhaj ceased to be Director on 25 Apr 2019. Rehana Hamid was appointed as Director on 14 Aug 2013.
Optical Palace can be reached through the website opticalpalace.co.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Optical Palace is at 81A Chittranjan Avenue 3rd Floor Bowbazar, Kolkata, West Bengal, India – 700073.