MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-KR-03-0073792
Optima Power Solutions India Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.74 Cr
▲ 220% YoY
Net profit · FY 2024
₹10.91 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹99.43 Lakh
EBITDA margin 14.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹6.1 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
1
Provident fund records
About Optima Power Solutions India Private Limited
Data last updated:
Optima Power Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40109KA2009PTC050308. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Balachandar Rajesh and Arvind Shankar Patil.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 938/A Survey No 193/1 & 193/2 C Cross 16th Main Begur Road Mico Layout Hongasandra, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.91 Lakh (net margin 1.6%) and EBITDA of ₹99.43 Lakh (EBITDA margin 14.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.1 Cr on record. Court records list 28 cases involving the company, including 1 filed by the company and 27 filed against it; 8 cases are pending.
Optima Power Solutions India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0073792). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website optimapower.com.
Company details
CIN U40109KA2009PTC050308
Registration Number 050308
Incorporation Date 02 July 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0073792
Recognitions & Rankings of Optima Power Solutions India
Contact details
Optima Power Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its website is optimapower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address938/A Survey No 193/1 & 193/2 C Cross 16th Main Begur Road Mico Layout Hongasandra, Bangalore, Karnataka, India – 560068
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Optima Power Solutions India Private Limited, buy the company report.
Comprehensive company report
Optima Power Solutions India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Optima Power Solutions India 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 Power Solutions India Private Limited, buy the company report.
Financials of Optima Power Solutions India Private Limited
FY 2024 filings availableOptima Power Solutions India Private Limited reported revenue of ₹6.74 Cr (up 220% YoY) for FY 2024.
Revenue · FY 2024
₹6.74 Cr ▲ 220%
Net profit · FY 2024
₹10.91 Lakh margin 1.6%
EBITDA · FY 2024
₹99.43 Lakh margin 14.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 220%
3 years · compounded
▼ 9%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 1%
5 years · compounded
▼ 2%
Revenue rose 220% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 62% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹99.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.91 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.8% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Optima Power Solutions India Private Limited, buy the company report.
Board of directors of Optima Power Solutions India Private Limited
Optima Power Solutions India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balachandar Rajesh | Director | 18 Mar 2021 | 5 Years 7 Months | Current |
| Arvind Shankar Patil Also directs: Maxp Automation & Controls LLP, Shri Sainath Optimatek Private Limited, G7 Infratel Service Private Limited and 2 more | Director | 02 Jul 2009 | 17 Years 3 Months | Current |
Auditor
Optima Power Solutions India Private Limited is audited by BKB & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BKB & ASSOCIATES | FY 2023 | 021871S |
Shareholding
The shareholding of Optima Power Solutions India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Optima Power Solutions India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 2025 | 101044606 | Others | ₹2.78 Cr | Open | |
| 21 Oct 2015 | 10602297 | Vijaya Bank | ₹5.02 Lakh | Open | |
| 01 Sep 2015 | 10594149 | Vijaya Bank | ₹2 Cr | Open | |
| 27 Dec 2012 | 10394789 | Hdfc Bank Limited | ₹1.27 Cr | Open |
To see the full charge records of Optima Power Solutions India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Optima Power Solutions India Private Limited has 28 court cases on record: 1 filed by Optima Power Solutions India, 27 filed against it. 8 cases are pending and 20 are disposed.
Total cases
28
Filed by the company
1
Filed against the company
27
Pending
8
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 26 | 8 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Reliable Logistics Solutions Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Reliable Logistics Solutions Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Rubanbridge Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Religare Finvest Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
To see the full case history of Optima Power Solutions India 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
Optima Power Solutions India Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sinewave Acoustics and Projects Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Optima Power Solutions India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Optima Power Solutions India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-92.31%
GST
Optima Power Solutions India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Optima Power Solutions India Private Limited, buy the company report.
Recent activity
Optima Power Solutions India Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Swathi Swarnalatha ceased to be Director on 13 Oct 2022.
Charges
A charge with Others amounted to Rs. 277.70 Lakh with Charge ID 101044606 was registered on 12 Feb 2025.
AGM
Optima Power Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Optima Power Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Swathi Swarnalatha ceased to be Director.
Ceased
Lakshman Singh Suryakanth Singh ceased to be Director.
Ceased
Ramesh Rakshith ceased to be Director.
Appointed
Balachandar Rajesh was appointed as Director.
Ceased
Sampangi Ramaiah Nagaraj ceased to be Director.
Ceased
Basappa Gowda Nandibasappa ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 127.30 Lakh registered on 27 Dec 2012 with Charge ID 10394789 was modified on 29 Jan 2016.
Charges
A charge with Vijaya Bank amounted to Rs. 5.02 Lakh with Charge ID 10602297 was registered on 21 Oct 2015.
Charges
A charge with Vijaya Bank amounted to Rs. 200.00 Lakh with Charge ID 10594149 was registered on 01 Sep 2015.
5 earlier events are in the company report.
Frequently asked questions
Optima Power Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 02 July 2009 (17+ years old) and is registered under CIN U40109KA2009PTC050308.
Optima Power Solutions India has 2 current directors:
- Balachandar Rajesh - Director
- Arvind Shankar Patil - Director
The latest financial statements of Optima Power Solutions India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Optima Power Solutions India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Optima Power Solutions India is U40109KA2009PTC050308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Optima Power Solutions India has 28 court cases on record: 1 filed by the company and 27 filed against it. 8 are pending. Most are in the district courts.
Optima Power Solutions India was incorporated on 02 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Swathi Swarnalatha ceased to be Director on 13 Oct 2022. Lakshman Singh Suryakanth Singh ceased to be Director on 29 Jul 2021. Ramesh Rakshith ceased to be Director on 29 Jul 2021. Optima Power Solutions India has 9 board changes on record in total.
Yes, Optima Power Solutions India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0073792).
Optima Power Solutions India has 2 MSME Form 1 returns on record between 2018 and 2019, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Optima Power Solutions India can be reached through the website optimapower.com. Its registered office is in Bangalore, Karnataka, India.