Opel Securities Private Limited
About Opel Securities Private Limited
Data last updated:
Opel Securities Private Limited is a private limited company based in Kalol, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 08 November 1995.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U46909GJ1995PTC028055. Its GSTIN is 24AAACO2276P1Z5 (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.75 Cr. It is led by directors including Sachin Dinkar Bhattbhatt (Irp/Rp/Liquidator) and Manojkumar Kapurchand Acharya.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Shop No. 102 Riddhi Siddhi Avenue Village: Chhatral Tal: Kalol, Gujarat, India – 382729.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.99 Cr. For the same year it recorded a net profit of ₹1.08 Cr (net margin 27.2%) and EBITDA of ₹1.65 Cr (EBITDA margin 41.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
As per MCA filings, the company has satisfied charges of ₹75 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it.
Company details
CIN history
Opel Securities has one previous CIN (Corporate Identification Number): U65910GJ1995PTC028055. The current CIN is U46909GJ1995PTC028055, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46909GJ1995PTC028055 | Current |
| U65910GJ1995PTC028055 | Previous |
Contact details
Opel Securities Private Limited's registered office is in Kalol, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 102 Riddhi Siddhi Avenue Village: Chhatral Tal: Kalol, Gujarat, India – 382729
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Opel Securities 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
Financials of Opel Securities Private Limited
FY 2022 filings availableOpel Securities Private Limited reported revenue of ₹3.99 Cr for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years. EBITDA fell 40% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.99 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.08 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.5% | ||||
| Net Profit Margin | 27.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Opel Securities Private Limited, buy the company report.
Board of directors of Opel Securities Private Limited
Opel Securities has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Dinkar Bhattbhatt Also directs: Rajat Finsol Private Limited | Irp/Rp/Liquidator | 14 Dec 2023 | 2 Years 10 Months | As last reported |
| Manojkumar Kapurchand Acharya | Director | 04 Aug 2023 | 3 Years 2 Months | As last reported |
| Amit Ashokbhai Sompura | Director | 04 Aug 2023 | 3 Years 2 Months | As last reported |
Auditor
Opel Securities Private Limited is audited by SHAH & SHAH ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & SHAH ASSOCIATES | FY 2022 | 113742W |
Shareholding
The shareholding of Opel Securities 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Opel Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2017 | 100084613 | Others | ₹75 Cr | Satisfied |
To see the full charge records of Opel Securities Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Opel Securities Private Limited has 10 court cases on record: 7 filed by Opel Securities, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
| NCLT | 4 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by BVM Finance Private Limited THR. Its Authorized Representative Amit Parikh Block No. 457 Chattral Ta Kalol ,Gandhinagar , Gujarat | Disposed |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Vistra Itcl (India) Ltd. | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by BVM Finance Pvt Ltd | Disposed |
| NCLT, Ahmedabad | Interim or miscellaneous application | Filed by the company | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Opel Securities 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 Opel Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Opel Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO2276P1Z5 | Gujarat | Active | 06 Sep 2017 |
To see the full GST registrations and return filing status of Opel Securities Private Limited, buy the company report.
Recent activity
Opel Securities Private Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Sachin Dinkar Bhattbhatt was appointed as Irp/Rp/Liquidator on 14 Dec 2023.
1 earlier event is in the company report.
Frequently asked questions
Opel Securities is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Opel Securities is a company under liquidation, formerly operating as a private limited company based in Kalol, Gujarat, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 08 November 1995 and is registered under CIN U46909GJ1995PTC028055. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Opel Securities has 3 current directors:
- Manojkumar Kapurchand Acharya - Director
- Amit Ashokbhai Sompura - Director
- Sachin Dinkar Bhattbhatt - Irp/Rp/Liquidator
The latest financial statements of Opel Securities on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Opel Securities is U46909GJ1995PTC028055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Opel Securities has no open charges and satisfied charges of ₹75 Cr as per latest MCA filings.
Opel Securities has 10 court cases on record: 7 filed by the company and 3 filed against it. Most are in the high courts.
Opel Securities was incorporated on 08 November 1995. It is registered with the Registrar of Companies, Ahmedabad.
Sachin Dinkar Bhattbhatt was appointed as Irp/Rp/Liquidator on 14 Dec 2023. Chirag Jitendrabhai Desai ceased to be Director on 06 Sep 2023. Dhiren Bharat Parikh ceased to be Director on 06 Sep 2023. Opel Securities has 8 board changes on record in total.
The registered office of Opel Securities is at Shop No. 102 Riddhi Siddhi Avenue Village: Chhatral Tal: Kalol, Gujarat, India – 382729.