MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-KR-03-0073792
Optima Power Solutions India Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.74 Cr
▲ 220% YoY
Net profit · FY 2024
₹10.91 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹99.43 Lakh
EBITDA margin 14.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹6.1 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
1
Provident fund records
About Optima Power Solutions India Private Limited
Data last updated:
Optima Power Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40109KA2009PTC050308. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Balachandar Rajesh and Arvind Shankar Patil.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 938/A Survey No 193/1 & 193/2 C Cross 16th Main Begur Road Mico Layout Hongasandra, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.91 Lakh (net margin 1.6%) and EBITDA of ₹99.43 Lakh (EBITDA margin 14.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.1 Cr on record. Court records list 28 cases involving the company, including 1 filed by the company and 26 filed against it; 8 cases are pending.
Optima Power Solutions India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0073792). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website optimapower.com.
Company Details of Optima Power Solutions India Private Limited
CIN U40109KA2009PTC050308
Registration Number 050308
Incorporation Date 02 July 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0073792
Recognitions & Rankings of Optima Power Solutions India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address938/A Survey No 193/1 & 193/2 C Cross 16th Main Begur Road Mico Layout Hongasandra, Bangalore, Karnataka, India – 560068
- IndustryEnergy and Power, Power Equipment Manufacturers
Comprehensive company report
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Business Activity of Optima Power Solutions India Private Limited
The main business activity of Optima Power Solutions India 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Optima Power Solutions India Private Limited FY 2024 filings available
Optima Power Solutions India Private Limited reported revenue of ₹6.74 Cr (up 220% YoY) for FY 2024.
Revenue · FY 2024
₹6.74 Cr ▲ 220%
Net profit · FY 2024
₹10.91 Lakh margin 1.6%
EBITDA · FY 2024
₹99.43 Lakh margin 14.8%
Compounded Annual Growth Rate (CAGR) of Optima Power Solutions India Private Limited
Revenue CAGR growth
1 year
▲ 220%
3 years · compounded
▼ 9%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 1%
5 years · compounded
▼ 2%
Revenue rose 220% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 62% 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 Optima Power Solutions India 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 | ₹99.43 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.91 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 Optima Power Solutions India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 Optima Power Solutions India are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Optima Power Solutions India Private Limited
Optima Power Solutions India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balachandar Rajesh | Director | 18 Mar 2021 | 5 Years 7 Months | Current |
| Arvind Shankar Patil Also directs: Maxp Automation & Controls LLP, Shri Sainath Optimatek Private Limited, G7 Infratel Service Private Limited and 2 more | Director | 02 Jul 2009 | 17 Years 3 Months | Current |
Peer Comparison of Optima Power Solutions India Private Limited
Optima Power Solutions India Private Limited is compared with the companies closest to it by revenue in the Power industry (Electronic Equipment and Components Manufacturing, Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ascent Multi Forms Pvt Ltd | ₹6.77 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Madhya Pradesh, India |
| 3Si Eco Power LLP | ₹6.76 Cr (FY 2021) | •••• | •••• | 239.0% | •••• | Chennai, Tamil Nadu, India |
| Urnavi Tech Private Limited | ₹6.76 Cr (FY 2025) | •••• | •••• | 201.0% | •••• | Thane, Maharashtra, India |
| Varnika Kondensators Private Limited | ₹6.75 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Ahmedabad, Gujarat, India |
| Manshu Comtel Private Limited | ₹6.74 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Mumbai, Maharashtra, India |
| Optima Power Solutions India Private Limited this company | ₹6.74 Cr (FY 2024) | •••• | •••• | 220.0% | •••• | Bangalore, Karnataka, India |
| Quadsun Technology India Private Limited | ₹6.73 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| P.M. Switchgear Control Equipment Private Limited | ₹6.73 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Kolkata, West Bengal, India |
| Garvik Engineering Private Limited | ₹6.73 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Kalol, Gujarat, India |
| Vidyardi Institutions Private Limited | ₹6.73 Cr (FY 2023) | •••• | •••• | 3056724.0% | •••• | Hyderabad, Telangana, India |
| Raylogic Control Systems Private Limited | ₹6.72 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Optima Power Solutions India by revenue in the Power industry (Electronic Equipment and Components Manufacturing, Power Equipment Manufacturers), 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 Optima Power Solutions India Private Limited
Optima Power Solutions India Private Limited is audited by BKB & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BKB & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Optima Power Solutions India Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Optima Power Solutions India Private Limited
Open charges
₹6.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Feb 2025 | Others | ₹2.78 Cr | Open |
| 21 Oct 2015 | Vijaya Bank | ₹5.02 Lakh | Open |
| 01 Sep 2015 | Vijaya Bank | ₹2 Cr | Open |
| 27 Dec 2012 | Hdfc Bank Limited | ₹1.27 Cr | Open |
Total charge records: 4 View all charges
Legal Cases of Optima Power Solutions India Private Limited
Optima Power Solutions India Private Limited has 28 court cases on record: 1 filed by Optima Power Solutions India, 26 filed against it, 1 where it is another party. 8 cases are pending and 20 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
28
Filed by the company
1
Filed against the company
26
Pending
8
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 25 | 8 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Reliable Logistics Solutions Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Reliable Logistics Solutions Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Rubanbridge Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Religare Finvest Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Disposed |
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Full case history
All 28 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Optima Power Solutions India Private Limited
Optima Power Solutions India Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sinewave Acoustics and Projects Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Optima Power Solutions India Private Limited
Optima Power Solutions India Private Limited has a workforce of 1 employees as of Apr 07, 2024.
Employee count
1
Active EPFO establishments
1
Employee growth
-92.31%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Optima Power Solutions India Private Limited
Optima Power Solutions India Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Swathi Swarnalatha ceased to be Director on 13 Oct 2022.
Charges
A charge with Others amounted to Rs. 277.70 Lakh with Charge ID 101044606 was registered on 12 Feb 2025.
AGM
Optima Power Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Optima Power Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Swathi Swarnalatha ceased to be Director.
Ceased
Lakshman Singh Suryakanth Singh ceased to be Director.
Ceased
Ramesh Rakshith ceased to be Director.
Appointed
Balachandar Rajesh was appointed as Director.
Ceased
Sampangi Ramaiah Nagaraj ceased to be Director.
Ceased
Basappa Gowda Nandibasappa ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 127.30 Lakh registered on 27 Dec 2012 with Charge ID 10394789 was modified on 29 Jan 2016.
Charges
A charge with Vijaya Bank amounted to Rs. 5.02 Lakh with Charge ID 10602297 was registered on 21 Oct 2015.
Charges
A charge with Vijaya Bank amounted to Rs. 200.00 Lakh with Charge ID 10594149 was registered on 01 Sep 2015.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Optima Power Solutions India Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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Subsidiaries & Group Companies of Optima Power Solutions India Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Optima Power Solutions India Private Limited
Optima Power Solutions India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Optima Power Solutions India Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Optima Power Solutions India Private Limited
Optima Power Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 02 July 2009 (17+ years old) and is registered under CIN U40109KA2009PTC050308.
Optima Power Solutions India reported revenue of ₹6.74 Cr for FY 2024 (up 220% YoY).
Optima Power Solutions India has 2 current directors:
- Balachandar Rajesh - Director
- Arvind Shankar Patil - Director
Optima Power Solutions India reported a net profit of ₹10.91 Lakh (net margin 1.6%) and EBITDA of ₹99.43 Lakh (EBITDA margin 14.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Optima Power Solutions India is -9% over three years and -7% over five years. In the latest year (FY 2024) revenue rose 220%. CAGR is the steady yearly rate that links the first and the last year.
No. Optima Power Solutions India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Optima Power Solutions India is U40109KA2009PTC050308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Optima Power Solutions India has 28 court cases on record: 1 filed by the company and 26 filed against it. 8 are pending. Most are in the district courts.
Optima Power Solutions India was incorporated on 02 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Optima Power Solutions India by revenue are Ascent Multi Forms Pvt Ltd, 3Si Eco Power LLP, Urnavi Tech Private Limited, Varnika Kondensators Private Limited, Manshu Comtel Private Limited and 5 more, all in the Power industry (Electronic Equipment and Components Manufacturing, Power Equipment Manufacturers).
Swathi Swarnalatha ceased to be Director on 13 Oct 2022. Lakshman Singh Suryakanth Singh ceased to be Director on 29 Jul 2021. Ramesh Rakshith ceased to be Director on 29 Jul 2021. Optima Power Solutions India has 9 board changes on record in total.
Yes, Optima Power Solutions India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0073792).