Optimist Commosale Private Limited
About Optimist Commosale Private Limited
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Optimist Commosale Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 30 March 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2011PTC161369. Its GSTIN is 19AABCO6423H1ZF (West Bengal).
The company had an authorised share capital of ₹1.24 Cr and a paid-up capital of ₹29.46 Lakh. It was led by directors Mithun Patra and Padma Charan Harichandan.
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 was at 6/7A Ajc Bose Road Cabin 4, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.57 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹2.33 Cr (net margin 65.3%) and EBITDA of ₹3.43 Cr (EBITDA margin 96.1%). Revenue has grown at a compounded annual rate (CAGR) of 670% over three years and 304% over five years.
Its group structure included 5 subsidiaries.
Court records list 2 cases involving the company, including 2 filed by the company. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2016.
Company details
Contact details
Optimist Commosale Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/7A Ajc Bose Road Cabin 4, Kolkata, West Bengal, India – 700017
- IndustryTrading, Wholesale, Specialty
To see the full contact details of Optimist Commosale 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
Financials of Optimist Commosale Private Limited
FY 2024 filings availableOptimist Commosale Private Limited reported revenue of ₹3.57 Cr (down 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 76% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 304%. EBITDA fell 77% 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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| EBITDA | ₹3.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.33 Cr | ||||
| Balance Sheet | |||||
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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 | 96.1% | ||||
| Net Profit Margin | 65.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Optimist Commosale Private Limited, buy the company report.
Board of directors of Optimist Commosale Private Limited
Optimist Commosale has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mithun Patra Also directs: Subhshree Hirise Private Limited, Kaypee Mercantiles Pvt Ltd, Image Vinimay Ltd and 4 more | Director | 01 Oct 2020 | 6 Years 1 Months | As last reported |
| Padma Charan Harichandan Also directs: Regal Vincom Private Limited, Eshwer Mercantile Private Limited, Positive Traders Private Limited and 1 more | Director | 25 Mar 2014 | 12 Years 7 Months | As last reported |
Auditor
Optimist Commosale Private Limited is audited by HARSH MITA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARSH MITA & ASSOCIATES | FY 2022 | 327904E |
Shareholding
The shareholding of Optimist Commosale 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 Optimist Commosale Private Limited, buy the company report.
Deals & funding
Optimist Commosale Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Consortium Enterprises Pvt Ltd Seller: Guru Ganesh Finance (India) Limited |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: Guru Ganesh Finance (India) Limited Seller: Metrocity Iron & Steel Trading Private Limited , Goodpoint Shoppers Private Limited , Anjani Tradelinks Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Image Vinimay Ltd Seller: Metrocity Iron & Steel Trading Private Limited , Goodpoint Shoppers Private Limited , Manyata Merchants Private Limited |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: Cimmco Vinimay Pvt Ltd Seller: Metrocity Iron & Steel Trading Private Limited , Goodpoint Shoppers Private Limited , Anjani Tradelinks Private Limited |
| Mar 2012 | Funding round | ₹50 Lakh | Investors: Metrocity Iron & Steel Trading Private Limited , Goodpoint Shoppers Private Limited , Manyata Merchants Private Limited |
To see the full deal history of Optimist Commosale Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Optimist Commosale Private Limited has 2 court cases on record: 2 filed by Optimist Commosale. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Optimist Commosale 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 Optimist Commosale Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Optimist Commosale has 5 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Anandamoyee Vanijya Private Limited | U51109WB2008PTC121356 | |
| Neelkanth Commtrade Private Limited | U51109WB2008PTC121617 | |
| Topline Business Private Limited | U52190WB2011PTC162406 | |
| Crushcon Engineers Pvt Ltd | U52341WB1989PTC047420 | |
| Startree Retailors Private Limited | U74999WB2012PTC173371 |
To see the full group structure of Optimist Commosale Private Limited, buy the company report.
GST
Optimist Commosale has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCO6423H1ZF | West Bengal | Active | 31 Jan 2023 |
To see the full GST registrations and return filing status of Optimist Commosale Private Limited, buy the company report.
Recent activity
Optimist Commosale Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Mithun Patra ceased to be Additional Director on 30 Dec 2020.
Frequently asked questions
Optimist Commosale has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Optimist Commosale was a private limited company based in Kolkata, West Bengal, India. The company worked in wholesale, within the trading industry. It was incorporated on 30 March 2011 and is registered under CIN U51909WB2011PTC161369. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Optimist Commosale was incorporated on 30 March 2011. It is registered with the Registrar of Companies, Kolkata.
Optimist Commosale had 2 directors:
- Mithun Patra - Director
- Padma Charan Harichandan - Director
The CIN (Corporate Identification Number) of Optimist Commosale is U51909WB2011PTC161369. 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 Optimist Commosale is at 67A Ajc Bose Road Cabin 4, Kolkata, West Bengal, India – 700017.
The latest financial statements of Optimist Commosale on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Optimist Commosale is 19AABCO6423H1ZF, registered in West Bengal.
Optimist Commosale operated in the trading industry, in the wholesale segment.
Optimist Commosale has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2016.
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