Opes Chem Corp Private Limited
About Opes Chem Corp Private Limited
Data last updated:
Opes Chem Corp Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2013PTC243858. Its GSTIN is 07AACCO0945P1Z3 (Delhi). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.33 Cr. It is led by directors Kanav Goyal and Geeta Goyal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 2nd Floor Krishna Chambers – 59 New Marine Lines, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2020, the company reported a revenue of ₹59.39 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹29,627 (net margin 0%) and EBITDA of ₹35.08 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 129% over five years.
As per MCA filings, the company has open charges of ₹6 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 3 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹2.32 Cr; the latest was in October 2015. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Lotus Trends Private Limited with revenue of ₹59.63 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Opes Chem Corp Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address2nd Floor Krishna Chambers – 59 New Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Opes Chem Corp 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 Opes Chem Corp is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Opes Chem Corp Private Limited, buy the company report.
Financials of Opes Chem Corp Private Limited
FY 2020 filings availableOpes Chem Corp Private Limited reported revenue of ₹59.39 Cr (down 73% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 129%. EBITDA fell 73% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹59.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹35.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29,627 | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0% | ||||
| 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 Opes Chem Corp Private Limited, buy the company report.
Board of directors of Opes Chem Corp Private Limited
Opes Chem Corp has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geeta Goyal Also directs: Kwality Overseas Private Limited, Cannon Industries Private Limited, Chand Goyal School Foundation and 1 more | Additional Director | 15 Sep 2024 | 2 Years 1 Months | Current |
| Kanav Goyal Also directs: Kwality Overseas Private Limited, Cannon Industries Private Limited, Chand Goyal School Foundation and 5 more | Director | 31 May 2013 | 13 Years 4 Months | Current |
Peer comparison
Opes Chem Corp Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lotus Trends Private Limited | ₹59.63 Cr (FY 2025) | -7.0% | Delhi, India | |||
| Karikali Amman Spinning Mills Private Limited | ₹59.52 Cr (FY 2024) | -9.0% | Periyar, Tamil Nadu, India | |||
| Skyvivera Ventures Private Limited | ₹59.41 Cr (FY 2025) | 4762.0% | Kishangarh, Rajasthan, India | |||
| Shreeji Cotfab Limited | ₹59.39 Cr (FY 2024) | -41.0% | Neemrana, Rajasthan, India | |||
| Opes Chem Corp Private Limitedthis company | ₹59.39 Cr (FY 2020) | ₹29,627 | 0% | -73.0% | Mumbai, Maharashtra, India | |
| VST Spintex India Private Limited | ₹59.3 Cr (FY 2024) | -15.0% | Namakkal, Tamil Nadu, India | |||
| R G Spinning Mills Private Limited | ₹59.29 Cr (FY 2024) | -11.0% | Erode, Tamil Nadu, India | |||
| Suriyagiri Spinning Mills Private Limited | ₹59.22 Cr (FY 2025) | 12.0% | Komarapalayam, Tamil Nadu, India | |||
| Knit Gallery India Private Limited | ₹59.17 Cr (FY 2025) | 8.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Opes Chem Corp Private Limited, buy the company report.
Auditor
Opes Chem Corp Private Limited is audited by S KARAN SHARMA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S KARAN SHARMA & CO | FY 2020 | 006890N |
Shareholding
The shareholding of Opes Chem Corp Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Opes Chem Corp Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2015 | 10563508 | Others | ₹6 Cr | Open |
To see the full charge records of Opes Chem Corp Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Opes Chem Corp Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹2.32 Cr; the latest was in October 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2015 | Funding round | ₹2.32 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Opes Chem Corp Private Limited has 8 court cases on record: 7 filed by Opes Chem Corp, 1 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 2 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Others | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by State Bank of India | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors. | Pending |
| High Court, PUNJAB | Writ petition | Filed by the company against State of Punjab and Others and 2 others | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against Commissioner of State Taxes and Excise and Anr(Not Applicable) | Disposed |
To see the full case history of Opes Chem Corp 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 Opes Chem Corp Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Opes Chem Corp has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCO0945P1Z3 | Delhi | Active | 22 Feb 2018 |
To see the full GST registrations and return filing status of Opes Chem Corp Private Limited, buy the company report.
Recent activity
Opes Chem Corp Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Geeta Goyal was appointed as Additional Director on 15 Sep 2024.
Frequently asked questions
Opes Chem Corp is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 31 May 2013 (13+ years old) and is registered under CIN U24233MH2013PTC243858.
Opes Chem Corp has 2 current directors:
- Geeta Goyal - Additional Director
- Kanav Goyal - Director
The latest financial statements of Opes Chem Corp on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Opes Chem Corp is 07AACCO0945P1Z3, registered in Delhi. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Opes Chem Corp is U24233MH2013PTC243858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Opes Chem Corp has 8 court cases on record: 7 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Opes Chem Corp was incorporated on 31 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Opes Chem Corp has 1 deal on record (1 funding round), with disclosed funding of ₹2.32 Cr; the latest was in October 2015.
The peers of Opes Chem Corp by revenue are Lotus Trends Private Limited, Karikali Amman Spinning Mills Private Limited, Skyvivera Ventures Private Limited, Shreeji Cotfab Limited, VST Spintex India Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Geeta Goyal was appointed as Additional Director on 15 Sep 2024. Rakeshkumar Sat Prakash Goyal ceased to be Director on 15 Sep 2024. Rajat Goyal ceased to be Director on 15 May 2017. Opes Chem Corp has 4 board changes on record in total.
The registered office of Opes Chem Corp is at 2nd Floor Krishna Chambers – 59 New Marine Lines, Mumbai, Maharashtra, India – 400020.