Optic Vision Care Private Limited
About Optic Vision Care Private Limited
Data last updated:
Optic Vision Care Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 19 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51909PN2010PTC136112. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.25 Lakh. It is led by directors Sandeep Shivaji Bankar and Sanjot Shivaji Bankar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.88 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹20.33 Lakh (net margin 2.1%) and EBITDA of ₹92.11 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company has open charges of ₹2.4 Cr and satisfied charges of ₹70 Lakh on record. Court records list 8 cases involving the company, including 8 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Optic Vision Care Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOff.No.1 Sai Plaza House No.405 Survey No.68/A Shewale Wadi Rd At Post Manjri Budruk Ta, L: Haveli, Pune, Maharashtra, India – 412307
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Optic Vision Care 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 Optic Vision Care is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Optic Vision Care Private Limited, buy the company report.
Financials of Optic Vision Care Private Limited
FY 2017 filings availableOptic Vision Care Private Limited reported revenue of ₹9.88 Cr (down 36% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 9% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹9.88 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹92.11 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹20.33 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.3% | ||
| Net Profit Margin | 2.1% | ||
| 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 Optic Vision Care Private Limited, buy the company report.
Board of directors of Optic Vision Care Private Limited
Optic Vision Care has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Shivaji Bankar Also directs: Two Eyes Private Limited | Director | 19 Apr 2010 | 16 Years 6 Months | Current |
| Sanjot Shivaji Bankar | Director | 24 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Optic Vision Care Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cemboost India Private Limited | ₹9.99 Cr (FY 2025) | -10.0% | Bangalore, Karnataka, India | |||
| Bags and Baggage (India) Private Limited | ₹9.94 Cr (FY 2025) | 177.0% | Gmc, Assam, India | |||
| Optic Vision Care Private Limitedthis company | ₹9.88 Cr (FY 2017) | ₹20.33 Lakh | 2.1% | -36.0% | Pune, Maharashtra, India | |
| Souvenier Giftos Private Limited | ₹9.81 Cr (FY 2024) | -16.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Optic Vision Care Private Limited, buy the company report.
Auditor
Optic Vision Care Private Limited is audited by BIRLA & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIRLA & COMPANY | FY 2017 | 101529W |
Shareholding
The shareholding of Optic Vision Care Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Optic Vision Care Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2016 | 100058681 | Others | ₹30 Lakh | Open | |
| 28 Oct 2015 | 10600977 | Tjsb Sahakari Bank Limited | ₹4.8 Lakh | Open | |
| 25 Mar 2015 | 10562391 | Axis Bank Limited | ₹2.05 Cr | Open | |
| 20 Nov 2013 | 10468426 | Yes Bank Limited | ₹60 Lakh | Satisfied | |
| 24 Mar 2011 | 10280722 | Tjsb Sahakari Bank Limited | ₹10 Lakh | Satisfied |
To see the full charge records of Optic Vision Care Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Optic Vision Care Private Limited has 8 court cases on record: 8 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Axis Bank Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by M/S Bash Eyewear Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S Micropark Logistics Pvt. Ltd. | Disposed |
To see the full case history of Optic Vision Care 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 Optic Vision Care Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Optic Vision Care Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Optic Vision Care has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Optic Vision Care Private Limited, buy the company report.
Recent activity
Optic Vision Care Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Ishita Pankaj Asawa ceased to be Director on 25 Oct 2018.
5 earlier events are in the company report.
Frequently asked questions
Optic Vision Care is an active private limited company based in Pune, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 19 April 2010 (16+ years old) and is registered under CIN U51909PN2010PTC136112.
Optic Vision Care has 2 current directors:
- Sandeep Shivaji Bankar - Director
- Sanjot Shivaji Bankar - Director
The latest financial statements of Optic Vision Care on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Optic Vision Care has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Optic Vision Care is U51909PN2010PTC136112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Optic Vision Care has 8 court cases on record: 8 filed against it. 3 are pending.
Optic Vision Care was incorporated on 19 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Optic Vision Care by revenue are Cemboost India Private Limited, Bags and Baggage (India) Private Limited, Souvenier Giftos Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Ishita Pankaj Asawa ceased to be Director on 25 Oct 2018. Surbhi Ashish Kasat ceased to be Director on 25 Oct 2018. Manali Sandeep Bankar ceased to be Director on 24 Feb 2018. Optic Vision Care has 6 board changes on record in total.
The registered office of Optic Vision Care is at Off.No.1 Sai Plaza House No.405 Survey No.68A Shewale Wadi Rd At Post Manjri Budruk Ta, L: Haveli, Pune, Maharashtra, India – 412307.
Optic Vision Care operates in the consumer goods industry, in the accessories retail and distribution segment.