About Opal-Rt Technologies India Private Limited
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Opal-Rt Technologies India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Opal-Rt International Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC063006. Its GSTIN is 29AABCO6474A1ZH (Karnataka).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.11 Cr. It is led by directors including Girish Nanjundaiah (Managing Director) and Jean Belanger.
Its last annual general meeting (AGM) was held on 28 March 2025, and its latest financial statements are for the year ended 30 September 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹42.2 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹5.85 Cr (net margin 13.9%) and EBITDA of ₹8.86 Cr (EBITDA margin 21%). Revenue has grown at a compounded annual rate (CAGR) of 101% over three years and 52% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Opal-Rt. As per MCA filings, the company has open charges of ₹64.95 Lakh and satisfied charges of ₹50 Lakh on record. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2018. The company has 3 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website opal-rt.com.
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- Registered AddressNo. 1048 4th B Main Road, 1st Stage 4th Block Hbr Layout, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Financials of Opal-Rt Technologies India Private Limited FY 2024 filings available
Opal-Rt Technologies India Private Limited reported revenue of ₹42.2 Cr (up 50% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Opal-Rt Technologies India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 50% growth in the latest year. EBITDA rose 58% 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 of Opal-Rt Technologies India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹42.2 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.85 Cr | •••• | •••• | •••• | •••• |
| 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 of Opal-Rt Technologies India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Opal-Rt Technologies India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Opal-Rt Technologies India Private Limited
Opal-Rt Technologies India Private Limited is audited by Kalyaniwalla & Mistry LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kalyaniwalla & Mistry LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Opal-Rt Technologies India Private Limited
Opal-Rt Technologies India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jean Belanger | Director | 14 Mar 2012 | 14 Years 6 Months | Current |
| Lise Laforce | Director | 14 Mar 2012 | 14 Years 6 Months | Current |
| Girish Nanjundaiah | Managing Director | 04 Sep 2012 | 14 Years 1 Months | Current |
Ownership and Shareholding of Opal-Rt Technologies India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Opal-Rt Technologies India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2022 | Others | ₹64.95 Lakh | Open |
| 17 Apr 2015 | State Bank of India | ₹50 Lakh | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Opal-Rt Technologies India Private Limited
Opal-Rt Technologies India Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: Opal Rt International Inc Seller: Opal Rt Technologies Inc |
| Sep 2015 | Rights issue | ₹11.1 Lakh | Investors: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Opal-Rt Technologies India Private Limited
Opal-Rt Technologies India Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Comavia Systems Technologies Private Limited | •••• | •••• | •••• |
| Ananya Cable Tech Private Limited | •••• | •••• | •••• |
| Ie Power Technologies Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Opal-Rt Technologies India Private Limited
Opal-Rt Technologies India operates one associated brand: OPAL-RT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers simulation systems for electronics design and testing. | opal-rt.com |
Employees and EPFO Compliance at Opal-Rt Technologies India Private Limited
Opal-Rt Technologies India Private Limited has a workforce of 23 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Opal-Rt Technologies India Private Limited
Opal-Rt Technologies India Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Girish Nanjundaiah ceased to be Director on 23 Dec 2015.
Credit Ratings, Litigation & Regulatory Alerts for Opal-Rt Technologies India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Opal-Rt Technologies India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Opal-Rt Technologies India Private Limited
Opal-Rt Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCO6474A1ZH | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Opal-Rt Technologies India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Opal-Rt Technologies India Private Limited
Opal-Rt Technologies India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 March 2012 (14+ years old) and is registered under CIN U72200KA2012PTC063006.
Opal-Rt Technologies India reported revenue of ₹42.2 Cr for FY 2023 (up 50% YoY).
Opal-Rt Technologies India has 3 current directors:
- Girish Nanjundaiah - Managing Director
- Jean Belanger - Director
- Lise Laforce - Director
Opal-Rt Technologies India reported a net profit of ₹5.85 Cr (net margin 13.9%) and EBITDA of ₹8.86 Cr (EBITDA margin 21%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Opal-Rt Technologies India is 101% over three years and 52% over five years. In the latest year (FY 2023) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Opal-Rt Technologies India is 29AABCO6474A1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Opal-Rt Technologies India is U72200KA2012PTC063006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Opal-Rt Technologies India was incorporated on 14 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Opal-Rt Technologies India has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2018.
Girish Nanjundaiah ceased to be Director on 23 Dec 2015. Girish Nanjundaiah was appointed as Managing Director on 04 Sep 2012. Jean Belanger was appointed as Director on 14 Mar 2012. Opal-Rt Technologies India has 4 board changes on record in total.
Opal-Rt Technologies India has 3 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 07 Feb 2024.