MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-21-0000957
Optel Metals Private Limited
Optel Metals Private Limited - metals and minerals in Navanagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹58.13 Cr
▼ 24% YoY
Net loss · FY 2024
₹10.91 Lakh
Net margin -0.2%
EBITDA · FY 2024
₹68.12 Lakh
EBITDA margin 1.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹3.25 Cr
Satisfied ₹47.35 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
7
Provident fund records
About Optel Metals Private Limited
Data last updated:
Optel Metals Private Limited is a private limited company based in Navanagar, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28999GJ2012PTC069867. Its GSTIN is 24AABCO6414G1ZR (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Chiragkumar Jayantibhai Patel and Devendrakumar Mohanbhai Patel.
Its last annual general meeting (AGM) was held on 19 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S No. 573 At & Po Navanagar Himatnagar – Vijapur Highway Ta Himatna, Gar, Gujarat, India – 383220.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.13 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹10.91 Lakh (net margin -0.2%) and EBITDA of ₹68.12 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.25 Cr and satisfied charges of ₹47.35 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
Optel Metals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0000957). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28999GJ2012PTC069867
Registration Number 069867
Incorporation Date 15 April 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-21-0000957
Key People
Chiragkumar Jayantibhai Patel Director Devendrakumar Mohanbhai Patel Director Rameshbhai Kacharabhai Patel Director Recognitions & Rankings of Optel Metals
Contact details
Optel Metals Private Limited's registered office is in Navanagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS No. 573 At & Po Navanagar Himatnagar – Vijapur Highway Ta Himatna, Gar, Gujarat, India – 383220
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Optel Metals Private Limited, buy the company report.
Comprehensive company report
Optel Metals 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
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Business activity
The main business activity of Optel Metals is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Optel Metals Private Limited, buy the company report.
Financials of Optel Metals Private Limited
FY 2025 filings availableOptel Metals Private Limited reported revenue of ₹58.13 Cr (down 24% YoY) for FY 2024.
Revenue · FY 2024
₹58.13 Cr ▼ 24%
Net loss · FY 2024
₹10.91 Lakh margin -0.2%
EBITDA · FY 2024
₹68.12 Lakh margin 1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 13%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 142%
3 years · compounded
▼ 33%
5 years · compounded
▼ 14%
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 142% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹68.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.91 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | -0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Optel Metals Private Limited, buy the company report.
Board of directors of Optel Metals Private Limited
Optel Metals has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chiragkumar Jayantibhai Patel | Director | 31 May 2018 | 8 Years 4 Months | Current |
| Devendrakumar Mohanbhai Patel | Director | 15 Apr 2012 | 14 Years 6 Months | Current |
| Rameshbhai Kacharabhai Patel Also directs: Umiya Cast LLP | Director | 27 Mar 2015 | 11 Years 7 Months | Current |
| Ramashray Sonairam Yadav | Director | 15 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Optel Metals Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Foundry and Fabrication, Metals, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indu Extrusion & Alloys Private Limited | ₹58.25 Cr (FY 2025) | 30.0% | Jamnagar, Gujarat, India | |||
| Y-Access Manufacturing Private Limited | ₹58.18 Cr (FY 2025) | 28.0% | New Delhi, Delhi, India | |||
| Optel Metals Private Limitedthis company | ₹58.13 Cr (FY 2024) | -₹10.91 Lakh | -0.2% | -24.0% | 7 | Navanagar, Gujarat, India |
| Cast Profiles Pvt Ltd | ₹58.09 Cr (FY 2025) | 24.0% | Kalunga, Odisha, India | |||
| Maheshwari Brazings Private Limited | ₹58.07 Cr (FY 2024) | 40.0% | Uttar Pradesh, India | |||
| RTS Udyog Private Limited | ₹58.03 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Sumiti Alloys Private Limited | ₹58.02 Cr (FY 2025) | 3.0% | Delhi, India |
To see the full peer comparison of Optel Metals Private Limited, buy the company report.
Auditor
Optel Metals Private Limited is audited by DEEPAK R SONI AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK R SONI AND CO | FY 2023 | 120285W |
Shareholding
The shareholding of Optel Metals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Optel Metals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.25 Cr
Satisfied charges
₹47.35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2025 | 101153693 | Hdfc Bank Limited | ₹3.25 Cr | Open | |
| 13 Jul 2020 | 100358165 | Others | ₹85 Lakh | Satisfied | |
| 25 Mar 2019 | 100260229 | Others | ₹35.6 Cr | Satisfied | |
| 23 Oct 2015 | 10607214 | The Mehsana Urban Co-Operative Bank Limited | ₹2 Cr | Satisfied | |
| 13 Feb 2013 | 10410391 | The Mehsana Urben Co-Operative Bank Ltd | ₹1.75 Cr | Satisfied |
To see the full charge records of Optel Metals Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Optel Metals Private Limited has 4 court cases on record: 1 filed by Optel Metals, 3 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Uttar Gujarat Vij Company Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Civil suit | Filed against the company by M/S. Goyal Enterprises | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by M/S. Goyal Enterprises | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (WC FATAL LC) | Filed against the company by an individual | Disposed |
To see the full case history of Optel Metals 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 Optel Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Optel Metals Private Limited has a workforce of 7 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-22.22%
GST
Optel Metals has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCO6414G1ZR | Gujarat | Active | 01 Jul 2017 |
| 24AABCO6414G1D0 | Gujarat | Active | 07 Nov 2024 |
To see the full GST registrations and return filing status of Optel Metals Private Limited, buy the company report.
Recent activity
Optel Metals Private Limited has 10 board changes on record since 2012: 4 appointments and 6 cessations. The latest: Chiragkumar Jayantibhai Patel ceased to be Additional Director on 29 Sep 2018.
Charges
A charge registered on 25 Mar 2019 via Charge ID 100260229 with Others was fully satisfied on 27 Oct 2025.
Charges
A charge registered on 30 Aug 2012 via Charge ID 10374912 with The Mehsana Urben Co-Operative Bank Ltd was fully satisfied on 27 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.25 Cr with Charge ID 101153693 was registered on 01 Sep 2025.
AGM
Optel Metals Private Limited last Annual general meeting of members was held on 19 Aug 2025 as per latest MCA records.
Filing
Optel Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 23 Oct 2015 via Charge ID 10607214 with The Mehsana Urban Co-Operative Bank Limited was fully satisfied on 24 Nov 2022.
Charges
A charge registered on 13 Feb 2013 via Charge ID 10410391 with The Mehsana Urben Co-Operative Bank Ltd was fully satisfied on 24 Nov 2022.
Charges
A charge registered on 10 Oct 2012 via Charge ID 10381998 with The Mehsana Urban Co-Operative Bank Limited was fully satisfied on 11 Aug 2021.
Charges
A charge registered on 13 Jul 2020 via Charge ID 100358165 with Others was fully satisfied on 09 Jul 2021.
Charges
A charge with Others of Rs. 35.60 Cr registered on 25 Mar 2019 with Charge ID 100260229 was modified on 11 May 2021.
Charges
A charge with Others amounted to Rs. 0.85 Cr with Charge ID 100358165 was registered on 13 Jul 2020.
Charges
A charge with Others amounted to Rs. 35.60 Cr with Charge ID 100260229 was registered on 25 Mar 2019.
17 earlier events are in the company report.
Frequently asked questions
Optel Metals is an active private limited company based in Navanagar, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 April 2012 (14+ years old) and is registered under CIN U28999GJ2012PTC069867.
Optel Metals has 4 current directors:
- Chiragkumar Jayantibhai Patel - Director
- Devendrakumar Mohanbhai Patel - Director
- Rameshbhai Kacharabhai Patel - Director
- Ramashray Sonairam Yadav - Director
The latest financial statements of Optel Metals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Optel Metals is 24AABCO6414G1ZR, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCO6414G1D0 (Gujarat).
The CIN (Corporate Identification Number) of Optel Metals is U28999GJ2012PTC069867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Optel Metals has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Optel Metals was incorporated on 15 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Optel Metals by revenue are Indu Extrusion & Alloys Private Limited, Y-Access Manufacturing Private Limited, Cast Profiles Pvt Ltd, Maheshwari Brazings Private Limited, RTS Udyog Private Limited and 1 more, all in the Metals and Minerals industry (Foundry and Fabrication, Metals, Steel), with the same principal business activity (metal and metal products).
Chiragkumar Jayantibhai Patel ceased to be Additional Director on 29 Sep 2018. Arunkumar Jayantilal Patel ceased to be Director on 31 May 2018. Chiragkumar Jayantibhai Patel was appointed as Director on 31 May 2018. Optel Metals has 10 board changes on record in total.
Yes, Optel Metals is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-21-0000957).
The registered office of Optel Metals is at S No. 573 At & Po Navanagar Himatnagar – Vijapur Highway Ta Himatna, Gar, Gujarat, India – 383220.