Opcommerce Online Private Limited

Opcommerce Online Private Limited - e-commerce in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U93000GJ2018PTC101212 Incorporated 12 March 2018 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company e-commerce MSME · Medium
Data last updated
Revenue · FY 2024
₹202.24 Cr
▲ 45% YoY
Net loss · FY 2024
₹8.87 Cr
Net margin -4.4%
EBITDA · FY 2024
-₹3.94 Cr
EBITDA margin -1.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.56 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
141
Provident fund records
Directors on board
7
As per MCA filings

About Opcommerce Online Private Limited

Data last updated:

Opcommerce Online Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Vora Tech-Venture Private Limited. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 12 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93000GJ2018PTC101212. Its GSTIN is 29AACCO6618B1ZK (Karnataka). The company holds 9 GST registrations, of which 8 are active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.56 Lakh. It is led by directors including Kamlesh Vaghjibhai Vora and Ravi Bhamidipaty.

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 Block – A G/F – 7&8 Safal Profitair Nr.Krishna Bunglow 100Ft.Rd Prahladnagar, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2024, the company reported a revenue of ₹202.24 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net loss of ₹8.87 Cr (net margin -4.4%) and EBITDA of -₹3.94 Cr (EBITDA margin -1.9%). Revenue has grown at a compounded annual rate (CAGR) of 111% over three years and 107% over five years.

The company has about 141 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: ShakePe and ShakeDeal. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 4 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in November 2020.

Opcommerce Online Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0025089). For more details, the company can be reached via its website shakedeal.com.

Company details

CIN U93000GJ2018PTC101212
Registration Number 101212
Incorporation Date 12 March 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Vora Tech-Venture Private Limited
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0025089
Key People
Kamlesh Vaghjibhai Vora Director Ravi Bhamidipaty Director Akshay Achut Hegde Director

Recognitions & Rankings of Opcommerce Online

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0025089

Contact details

Opcommerce Online Private Limited's registered office is in Ahmedabad, Gujarat. Its website is shakedeal.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    shakedeal.com
  • Registered Address
    Block – A G/F – 7&8 Safal Profitair Nr.Krishna Bunglow 100Ft.Rd Prahladnagar, Ahmedabad, Gujarat, India – 380015
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Opcommerce Online Private Limited, buy the company report.

Comprehensive company report
Opcommerce Online 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

Brands

Opcommerce Online operates two associated brands: ShakePe and ShakeDeal. Each brand links to its own profile.

BrandDescriptionWebsite
ShakePe
Functions as an expense management platform designed for businesses.shakepe.com
ShakeDeal
Industrial goods are distributed via an online B2B marketplace.shakedeal.com

Business activity

The main business activity of Opcommerce Online is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Opcommerce Online Private Limited, buy the company report.

Financials of Opcommerce Online Private Limited

FY 2024 filings available

Opcommerce Online Private Limited reported revenue of ₹202.24 Cr (up 45% YoY) for FY 2024.

Revenue · FY 2024
₹202.24 Cr ▲ 45%
Net loss · FY 2024
₹8.87 Cr margin -4.4%
EBITDA · FY 2024
-₹3.94 Cr margin -1.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 111%
5 years · compounded
▲ 107%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 22%
5 years · compounded
▼ 5%

Revenue has grown at a compounded annual rate (CAGR) of 107% over five years, including 45% growth in the latest year. EBITDA rose 55% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3.94 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8.87 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-1.9%
Net Profit Margin-4.4%
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 Opcommerce Online Private Limited, buy the company report.

Board of directors of Opcommerce Online Private Limited

Opcommerce Online has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kamlesh Vaghjibhai Vora
Also directs: Anand Endeavours LLP, Cfirst Background Checks LLP, Assurecare Healthtech LLP and 5 more
Director12 Mar 20188 Years 7 MonthsCurrent
Ravi Bhamidipaty
Also directs: Cera Sanitaryware Limited, TCT Ventures Private Limited, Epigral Advanced Materials Limited and 2 more
Director18 Sep 20242 Years 1 MonthsCurrent
Akshay Achut Hegde
Also directs: Shake Online Services Private Limited
Director20 Mar 20188 Years 7 MonthsCurrent
Akash Achut Hegde
Also directs: Shake Online Services Private Limited
Director20 Mar 20188 Years 7 MonthsCurrent
Mahendra Babaldas Vora
Also directs: Answerpal Technologies Private Limited, Ascendum Solutions India Private Limited, Ascendum KPS Private Limited and 1 more
Director20 Mar 20188 Years 7 MonthsCurrent
Velayudhan Krishnan Nair
Also directs: Ascendum Solutions India Private Limited, Ascendum KPS Private Limited, Vora Tech-Venture Private Limited and 1 more
Director20 Mar 20188 Years 7 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Opcommerce Online Private Limited is audited by G K CHOCKSI AND CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
G K CHOCKSI AND COFY 2022101895W

Shareholding

The shareholding of Opcommerce Online Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Opcommerce Online Private Limited, buy the company report.

Deals & funding

Opcommerce Online Private Limited has 2 deals on record (2 secondary share transfers); the latest was in November 2020.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Nov 2020Secondary share transferUndisclosedBuyer: an individual
Seller: Vora Tech Ventures Private Limited
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Opcommerce Online Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Opcommerce Online Private Limited has a workforce of 141 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.

Employee count
141
Active EPFO establishments
1
Employee growth
15.57%

GST

Opcommerce Online has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
8
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AACCO6618B1ZKKarnatakaActive12 Apr 2018
07AACCO6618B1ZQDelhiActive02 Dec 2019
37AACCO6618B1ZNAndhra PradeshActive06 Apr 2022
22AACCO6618B1ZYChattisgarhActive04 Oct 2022

To see the full GST registrations and return filing status of Opcommerce Online Private Limited, buy the company report.

Recent activity

Opcommerce Online Private Limited has 12 board changes on record since 2018: 7 appointments and 5 cessations. The latest: Ravi Bhamidipaty ceased to be Additional Director on 29 Sep 2024.

AGM
Opcommerce Online Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Ravi Bhamidipaty ceased to be Additional Director.
Appointed
Ravi Bhamidipaty was appointed as Director.
Filing
Opcommerce Online Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Akash Achut Hegde ceased to be Additional Director.
Ceased
Akshay Achut Hegde ceased to be Additional Director.
Ceased
Mahendra Babaldas Vora ceased to be Additional Director.
Ceased
Velayudhan Krishnan Nair ceased to be Additional Director.
Appointed
Akash Achut Hegde was appointed as Director.
Appointed
Akshay Achut Hegde was appointed as Director.
Appointed
Mahendra Babaldas Vora was appointed as Director.
Appointed
Velayudhan Krishnan Nair was appointed as Director.

3 earlier events are in the company report.

News

Frequently asked questions

Opcommerce Online is an active private limited company based in Ahmedabad, Gujarat, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 12 March 2018 (8+ years old) and is registered under CIN U93000GJ2018PTC101212.

Opcommerce Online has 7 current directors:

The latest financial statements of Opcommerce Online 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 FY 2018 are in the company report.

The GSTIN of Opcommerce Online is 29AACCO6618B1ZK, registered in Karnataka. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 07AACCO6618B1ZQ (Delhi), 37AACCO6618B1ZN (Andhra Pradesh), 22AACCO6618B1ZY (Chattisgarh).

The CIN (Corporate Identification Number) of Opcommerce Online is U93000GJ2018PTC101212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Opcommerce Online has 10 court cases on record: 8 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.

Opcommerce Online was incorporated on 12 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Opcommerce Online has 2 deals on record (2 secondary share transfers); the latest was in November 2020.

Ravi Bhamidipaty ceased to be Additional Director on 29 Sep 2024. Ravi Bhamidipaty was appointed as Director on 18 Sep 2024. Akash Achut Hegde ceased to be Additional Director on 29 Sep 2018. Opcommerce Online has 12 board changes on record in total.

Yes, Opcommerce Online is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0025089).