Optima Stainless Private Limited
About Optima Stainless Private Limited
Data last updated:
Optima Stainless Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 15 March 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U27200MH1994PTC267121. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Gujarat Antibiotics and Parentarals Private Limited. It was led by directors Shantilal Premchand Sanghvi and Mahesh Shantilal Sanghvi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 43 Ist Carpenter Street Ground Floor C P Tank, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2016, the company reported a revenue of ₹13.8 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹83,902 (net margin 6.1%) and EBITDA of ₹1.21 Lakh (EBITDA margin 8.8%).
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Company details
CIN history
Optima Stainless has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27200MH1994PTC267121, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27200MH1994PTC267121 | Current |
| U24230GJ1994PLC021540 | Previous |
| U24230GJ1994PTC021540 | Previous |
| U27200GJ1994PTC021540 | Previous |
Contact details
Optima Stainless Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address43 Ist Carpenter Street Ground Floor C P Tank, Mumbai, Maharashtra, India – 400004
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Optima Stainless 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 Optima Stainless is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Optima Stainless Private Limited, buy the company report.
Financials of Optima Stainless Private Limited
FY 2016 filings availableOptima Stainless Private Limited reported revenue of ₹13.8 Lakh (down 96% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 96% in the latest year. EBITDA fell 58% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹13.8 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.21 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹83,902 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.8% | |
| Net Profit Margin | 6.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Optima Stainless Private Limited, buy the company report.
Board of directors of Optima Stainless Private Limited
Optima Stainless has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantilal Premchand Sanghvi | Director | 10 Oct 2007 | 19 Years 0 Months | As last reported |
| Mahesh Shantilal Sanghvi | Director | 10 Oct 2007 | 19 Years 0 Months | As last reported |
Peer comparison
Optima Stainless Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Optima Stainless Private Limitedthis company | ₹13.8 Lakh (FY 2016) | ₹83,902 | 6.1% | -96.0% | Mumbai, Maharashtra, India | |
| Dreaming Agro Farms & Biotech Private Limited | ₹8.06 Lakh (FY 2025) | -70.0% | Bareilly, Uttar Pradesh, India | |||
| Nayralis Pharma Private Limited | ₹8.06 Lakh (FY 2022) | 3816.0% | Mumbai, Maharashtra, India | |||
| Trapezium Commerce Private Limited | ₹8.05 Lakh (FY 2024) | -74.0% | Jodhpur, Rajasthan, India | |||
| Glad Publications Private Limited | ₹8.05 Lakh (FY 2024) | Lucknow, Uttar Pradesh, India | ||||
| LHN Traders Private Limited | ₹8.05 Lakh (FY 2024) | -45.0% | Patna, Bihar, India | |||
| Kokan Ratna Krushi Farmers Producer Company Limited | ₹8.05 Lakh (FY 2024) | 10.0% | Chowke, Maharashtra, India | |||
| Ratnavali Agro Food Private Limited | ₹8.05 Lakh (FY 2024) | -89.0% | Hanumangarh, Rajasthan, India | |||
| Hemchandrani Consultants (OPC) Private Limited | ₹8.05 Lakh (FY 2025) | 669.0% | Hyderabad, Telangana, India | |||
| Raiment Consultancy Services Private Limited | ₹8.04 Lakh (FY 2023) | -28.0% | Kolkata, West Bengal, India | |||
| Nirmika Real Infrastructure India Private Limited | ₹8.04 Lakh (FY 2022) | 44589.0% | Pune, Maharashtra, India |
To see the full peer comparison of Optima Stainless Private Limited, buy the company report.
Auditor
Optima Stainless Private Limited is audited by MH RAJPUROHIT & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MH RAJPUROHIT & ASSOCIATES | FY 2016 | 127697W |
Shareholding
The shareholding of Optima Stainless Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Optima Stainless Private Limited, buy the company report.
Legal cases
Optima Stainless Private Limited has 4 court cases on record: 1 filed by Optima Stainless, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Bank of India-Priyaranjan Kumar | Disposed |
| Bombay High Court | Company petition | Filed by the company against Scorodite Stainless India Pvt Ltd Cin U15497rj1994ptc008374 | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Bank of Baroda | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Bank of India | Disposed |
To see the full case history of Optima Stainless 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 Optima Stainless Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Optima Stainless has 3 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
Optima Stainless 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 Optima Stainless Private Limited, buy the company report.
Recent activity
Optima Stainless Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Bhogilal Atmaram Patel ceased to be Director on 30 Mar 2012.
Frequently asked questions
Optima Stainless has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Optima Stainless was a private limited company based in Mumbai, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 15 March 1994 and is registered under CIN U27200MH1994PTC267121. The company has been struck off by the Registrar of Companies and is no longer operational.
Optima Stainless had 2 directors:
- Shantilal Premchand Sanghvi - Director
- Mahesh Shantilal Sanghvi - Director
The CIN (Corporate Identification Number) of Optima Stainless is U27200MH1994PTC267121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Optima Stainless is at 43 Ist Carpenter Street Ground Floor C P Tank, Mumbai, Maharashtra, India – 400004.
Optima Stainless was incorporated on 15 March 1994. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Optima Stainless on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Optima Stainless has 1 GST registration on record and it is cancelled or inactive.
Optima Stainless operated in the trading industry, in the other wholesale segment. It worked in this industry before it was struck off.
The peers of Optima Stainless by revenue are Dreaming Agro Farms & Biotech Private Limited, Nayralis Pharma Private Limited, Trapezium Commerce Private Limited, Glad Publications Private Limited, LHN Traders Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Optima Stainless has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.