About Optiline Eyewear Private Limited
Data last updated:
Optiline Eyewear Private Limited is a private limited company based in Maharashtra, India. It operates in the online eye accessories retail segment of the e-commerce sector. It was incorporated on 07 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33200MH2005PTC154585. Its GSTIN is 27AAACO7545B1ZM (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Divyam Mayank Sanghavi and Ratna Jatin Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shakti Arcade 1st Floor Plot No.5 Sector 19D Vashi New Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.32 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹26.92 Lakh (net margin -20.4%) and EBITDA of -₹23.32 Lakh (EBITDA margin -17.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
As per MCA filings, the company has satisfied charges of ₹1.56 Cr on record. Court records list 19 cases involving the company, including 19 filed by the company; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website optiline.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShakti Arcade 1st Floor Plot No.5 Sector 19D Vashi New Mumbai, Maharashtra, India – 400703
- IndustryE-Commerce, Online Eye Accessories Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Optiline Eyewear Private Limited
The main business activity of Optiline Eyewear is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Optiline Eyewear Private Limited FY 2025 filings available
Optiline Eyewear Private Limited reported revenue of ₹1.32 Cr (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Optiline Eyewear Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 30% fall in the latest year. EBITDA fell 572% 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 of Optiline Eyewear Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹23.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26.92 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 of Optiline Eyewear Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -20.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Optiline Eyewear are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Optiline Eyewear Private Limited
Optiline Eyewear has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyam Mayank Sanghavi | Director | 01 Apr 2016 | 10 Years 6 Months | Current |
| Ratna Jatin Shah Also directs: Optiline Optics Private Limited | Director | 07 Jul 2005 | 21 Years 3 Months | Current |
| Jatin Rajnikant Shah Also directs: Optiline Optics Private Limited | Director | 07 Jul 2005 | 21 Years 3 Months | Current |
| Mayank Ramniklal Sanghvi Also directs: Optiline Optics Private Limited | Director | 07 Jul 2005 | 21 Years 3 Months | Current |
| Chetna Mayank Sanghvi Also directs: Optiline Optics Private Limited | Director | 07 Jul 2005 | 21 Years 3 Months | Current |
Peer Comparison of Optiline Eyewear Private Limited
Optiline Eyewear Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Eyewear). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blue Cross Eyewear Private Limited | ₹2.28 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| SSR First Lens Private Limited | ₹2.24 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
| Eyesdeal Eyewear Private Limited | ₹2.18 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Surat, Gujarat, India |
| Hardev Opticals Private Limited | ₹2.05 Cr (FY 2020) | •••• | •••• | -2.0% | •••• | Gurgaon, Haryana, India |
| Shisen Fox Lifestyle Private Limited | ₹1.64 Cr (FY 2025) | •••• | •••• | 208.0% | •••• | Palghar, Maharashtra, India |
| Optiline Eyewear Private Limited this company | ₹1.32 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Maharashtra, India |
| Refracto Eyewear Private Limited | ₹1.27 Cr (FY 2025) | •••• | •••• | 172.0% | •••• | Hyderabad, Telangana, India |
| Woggles Distribution Private Limited | ₹99.33 Lakh (FY 2024) | •••• | •••• | 4037.0% | •••• | Manvakhera, Rajasthan, India |
| Maturi Eyewear Private Limited | ₹85.84 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Dr Bansal Optics Private Limited | ₹67.7 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Ludhiana, Punjab, India |
| Eyennovation Eyewear Private Limited | ₹59.67 Lakh (FY 2024) | •••• | •••• | -86.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Optiline Eyewear by revenue in the Ecommerce and Internet industry (Eyewear), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Optiline Eyewear Private Limited
Optiline Eyewear Private Limited is audited by RAJAN TIJORIWALA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJAN TIJORIWALA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Optiline Eyewear Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Optiline Eyewear Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2008 | Citibank N. A. | ₹1.56 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Optiline Eyewear Private Limited
Optiline Eyewear Private Limited has 19 court cases on record: 19 filed by Optiline Eyewear. 12 cases are pending and 7 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 0 | 12 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Safilo India Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Safilo India Private Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Optiline Eyewear Private Limited
Employment history and EPFO contributions of people linked to Optiline Eyewear.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Optiline Eyewear Private Limited
Optiline Eyewear Private Limited has 5 board changes on record since 2005: 5 appointments. The latest: Divyam Mayank Sanghavi was appointed as Director on 01 Apr 2016.
Credit Ratings, Litigation & Regulatory Alerts for Optiline Eyewear Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Optiline Eyewear Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Optiline Eyewear Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Optiline Eyewear Private Limited
Optiline Eyewear has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO7545B1ZM | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Optiline Eyewear Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Optiline Eyewear Private Limited
Optiline Eyewear is an active private limited company based in Maharashtra, India. The company works in online eye accessories retail, within the e-commerce industry. It was incorporated on 07 July 2005 (21+ years old) and is registered under CIN U33200MH2005PTC154585.
Optiline Eyewear reported revenue of ₹1.32 Cr for FY 2024 (down 30% YoY).
Optiline Eyewear has 5 current directors:
- Divyam Mayank Sanghavi - Director
- Ratna Jatin Shah - Director
- Jatin Rajnikant Shah - Director
- Mayank Ramniklal Sanghvi - Director
- Chetna Mayank Sanghvi - Director
Optiline Eyewear reported a net loss of ₹26.92 Lakh (net margin -20.4%) and EBITDA of -₹23.32 Lakh (EBITDA margin -17.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Optiline Eyewear is 4% over three years and -7% over five years. In the latest year (FY 2024) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Optiline Eyewear is 27AAACO7545B1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Optiline Eyewear is U33200MH2005PTC154585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Optiline Eyewear has 19 court cases on record: 19 filed by the company. 12 are pending.
Optiline Eyewear was incorporated on 07 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Optiline Eyewear by revenue are Blue Cross Eyewear Private Limited, SSR First Lens Private Limited, Eyesdeal Eyewear Private Limited, Hardev Opticals Private Limited, Shisen Fox Lifestyle Private Limited and 5 more, all in the Ecommerce and Internet industry (Eyewear).
Divyam Mayank Sanghavi was appointed as Director on 01 Apr 2016. Chetna Mayank Sanghvi was appointed as Director on 07 Jul 2005. Jatin Rajnikant Shah was appointed as Director on 07 Jul 2005. Optiline Eyewear has 5 board changes on record in total.