About Optical Fusion Software Services (India) Private Limited
Data last updated:
Optical Fusion Software Services (India) Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Optical Fusion Inc. Usa. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 October 2001.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2001PTC029624. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹55 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Mukund Narain Dhami Thapa and Venkatesh Bingi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at C – 511 Rajmahal Vilas Ext10Th Cross Sadashivanagar Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2018, the company reported a revenue of ₹29.41 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹19.17 Lakh (net margin -65.2%) and EBITDA of -₹18.77 Lakh (EBITDA margin -63.8%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years.
The company had about 4 employees on its provident fund (EPFO) records before it was struck off.
Court records list 10 cases involving the company, including 10 filed by the company.
The last known website on record is opticalfussion.net.
Company details
Contact details
Optical Fusion Software Services (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is opticalfussion.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 511 Rajmahal Vilas Ext10Th Cross Sadashivanagar Bangalore, Karnataka, India – 560080
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Optical Fusion Software Services (India) 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 Optical Fusion Software Services (India) is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Optical Fusion Software Services (India) Private Limited, buy the company report.
Financials of Optical Fusion Software Services (India) Private Limited
FY 2018 filings availableOptical Fusion Software Services (India) Private Limited reported revenue of ₹29.41 Lakh (down 23% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over three years, including a 23% fall in the latest year. EBITDA rose 90% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹29.41 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹18.77 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹19.17 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -63.8% | |||
| Net Profit Margin | -65.2% | |||
| 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 Optical Fusion Software Services (India) Private Limited, buy the company report.
Board of directors of Optical Fusion Software Services (India) Private Limited
Optical Fusion Software Services (India) 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 |
|---|---|---|---|---|
| Mukund Narain Dhami Thapa | Director | 08 Oct 2001 | 25 Years 0 Months | As last reported |
| Venkatesh Bingi | Director | 10 Aug 2017 | 9 Years 2 Months | As last reported |
Auditor
Optical Fusion Software Services (India) Private Limited is audited by R R P & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R P & ASSOCIATES | FY 2018 | 012527S |
Shareholding
The shareholding of Optical Fusion Software Services (India) Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Optical Fusion Software Services (India) Private Limited, buy the company report.
Legal cases
Optical Fusion Software Services (India) Private Limited has 10 court cases on record: 10 filed by Optical Fusion Software Services (India). All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Optical Fusion Software Services (India) 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 Optical Fusion Software Services (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Optical Fusion Software Services (India) Private Limited has a workforce of 4 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Optical Fusion Software Services (India) 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 Optical Fusion Software Services (India) Private Limited, buy the company report.
Recent activity
Optical Fusion Software Services (India) Private Limited has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Venkatesh Bingi ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Optical Fusion Software Services (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Optical Fusion Software Services (India) was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 08 October 2001 and is registered under CIN U72200KA2001PTC029624. The company has been struck off by the Registrar of Companies and is no longer operational.
Optical Fusion Software Services (India) had 2 directors:
- Mukund Narain Dhami Thapa - Director
- Venkatesh Bingi - Director
The CIN (Corporate Identification Number) of Optical Fusion Software Services (India) is U72200KA2001PTC029624. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Optical Fusion Software Services (India) is at C – 511 Rajmahal Vilas Ext10Th Cross Sadashivanagar Bangalore, Karnataka, India – 560080.
Optical Fusion Software Services (India) was incorporated on 08 October 2001. It is registered with the Registrar of Companies, Bangalore.
Optical Fusion Software Services (India) can be reached through the website opticalfussion.net. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Optical Fusion Software Services (India) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Optical Fusion Software Services (India) has 1 GST registration on record and it is cancelled or inactive.
Optical Fusion Software Services (India) operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
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