About Optimistic Express & Cargo Private Limited
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Optimistic Express & Cargo Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 12 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63030KA2017PTC103795. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors Zeena Dsouza and Zeeshan Hyder Badami.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 2809 19th Main 5th B Cross Hal 2nd Stage Kodihalli, Bengaluru, Karnataka, India – 560008.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.16 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹84,172 (net margin -13.7%) and EBITDA of ₹1.02 Lakh (EBITDA margin 16.5%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 39% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is 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 optimisticexpress.com.
Company details
Contact details
Optimistic Express & Cargo Private Limited's registered office is in Bengaluru, Karnataka. Its website is optimisticexpress.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2809 19th Main 5th B Cross Hal 2nd Stage Kodihalli, Bengaluru, Karnataka, India – 560008
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Optimistic Express & Cargo 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 Optimistic Express & Cargo is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Optimistic Express & Cargo Private Limited, buy the company report.
Financials of Optimistic Express & Cargo Private Limited
FY 2023 filings availableOptimistic Express & Cargo Private Limited reported revenue of ₹6.16 Lakh (down 62% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 62% fall in the latest year. EBITDA rose 25% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.02 Lakh | ||||
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| Net Profit (PAT) | -₹84,172 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 16.5% | ||||
| Net Profit Margin | -13.7% | ||||
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To see the full financial statements and ratios of Optimistic Express & Cargo Private Limited, buy the company report.
Board of directors of Optimistic Express & Cargo Private Limited
Optimistic Express & Cargo has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zeena Dsouza | Director | 04 Jul 2019 | 7 Years 3 Months | Current |
| Zeeshan Hyder Badami | Additional Director | 15 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Optimistic Express & Cargo Private Limited is audited by M K U K & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K U K & ASSOCIATES | FY 2018 | 050113S |
Shareholding
The shareholding of Optimistic Express & Cargo Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Optimistic Express & Cargo Private Limited, buy the company report.
Legal cases
Optimistic Express & Cargo Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Civil suit | Filed against the company by M/S CMG Logistics Pvt Ltd | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by M/S CMG Logistics Pvt Ltd | Disposed |
To see the full case history of Optimistic Express & Cargo 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 Optimistic Express & Cargo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Optimistic Express & Cargo has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Optimistic Express & Cargo Private Limited, buy the company report.
Recent activity
Optimistic Express & Cargo Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Devaraj Gurappa ceased to be Director on 30 Jul 2021.
Frequently asked questions
Optimistic Express & Cargo is an active private limited company based in Bengaluru, Karnataka, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 12 June 2017 (9+ years old) and is registered under CIN U63030KA2017PTC103795.
Optimistic Express & Cargo has 2 current directors:
- Zeena Dsouza - Director
- Zeeshan Hyder Badami - Additional Director
The latest financial statements of Optimistic Express & Cargo on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
No. Optimistic Express & Cargo has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Optimistic Express & Cargo is U63030KA2017PTC103795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Optimistic Express & Cargo has 2 court cases on record: 2 filed against it. 1 is pending.
Optimistic Express & Cargo was incorporated on 12 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Devaraj Gurappa ceased to be Director on 30 Jul 2021. Zeeshan Hyder Badami was appointed as Additional Director on 15 Jul 2021. Chandran Samuvel ceased to be Director on 12 Feb 2020. Optimistic Express & Cargo has 5 board changes on record in total.
Optimistic Express & Cargo can be reached through the website optimisticexpress.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Optimistic Express & Cargo is at 2809 19th Main 5th B Cross Hal 2nd Stage Kodihalli, Bengaluru, Karnataka, India – 560008.