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Optimistic Concepts Entertainment Private Limited
Optimistic Concepts Entertainment Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.62 Lakh
▲ 50% YoY
Net loss · FY 2024
₹12,674
Net margin -0.9%
EBITDA · FY 2024
-₹9,368
EBITDA margin -0.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Optimistic Concepts Entertainment Private Limited
Data last updated:
Optimistic Concepts Entertainment Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 13 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC312728.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Priyesh Ashwin Thakkar and Thakkar Ashwin Karsandas.
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 B/18 Harsha Apartment Opp Tridev Tower Bhakti Marg Mulund (W), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.62 Lakh, a growth of 50% compared to the previous year. For the same year it recorded a net loss of ₹12,674 (net margin -0.9%) and EBITDA of -₹9,368 (EBITDA margin -0.7%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 32% over five years.
The company is associated with 1 brand: Sip And Swap.
Company details
CIN U74999MH2018PTC312728
Registration Number 312728
Incorporation Date 13 August 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Optimistic Concepts Entertainment
Contact details
Optimistic Concepts Entertainment Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressB/18 Harsha Apartment Opp Tridev Tower Bhakti Marg Mulund (W), Mumbai, Maharashtra, India – 400080
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Optimistic Concepts Entertainment Private Limited, buy the company report.
Comprehensive company report
Optimistic Concepts Entertainment Private Limited - one report that includes everything
- 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
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Brands
Optimistic Concepts Entertainment operates one associated brand: Sip And Swap. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A smartphone app designed to reduce usage and promote healthier habits. | sipandswap.in |
Business activity
The main business activity of Optimistic Concepts Entertainment is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Optimistic Concepts Entertainment Private Limited, buy the company report.
Financials of Optimistic Concepts Entertainment Private Limited
FY 2025 filings availableOptimistic Concepts Entertainment Private Limited reported revenue of ₹13.62 Lakh (up 50% YoY) for FY 2024.
Revenue · FY 2024
₹13.62 Lakh ▲ 50%
Net loss · FY 2024
₹12,674 margin -0.9%
EBITDA · FY 2024
-₹9,368 margin -0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 60%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▼ 37%
5 years · compounded
▼ 55%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 50% growth in the latest year. EBITDA rose 57% 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 | -₹9,368 | ||||
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| Net Profit (PAT) | -₹12,674 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -0.7% | ||||
| Net Profit Margin | -0.9% | ||||
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To see the full financial statements and ratios of Optimistic Concepts Entertainment Private Limited, buy the company report.
Board of directors of Optimistic Concepts Entertainment Private Limited
Optimistic Concepts Entertainment has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyesh Ashwin Thakkar Also directs: Growthology Technologies LLP | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
| Thakkar Ashwin Karsandas Also directs: Growthology Technologies LLP | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Optimistic Concepts Entertainment Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Optimistic Concepts Entertainment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Optimistic Concepts Entertainment Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Optimistic Concepts Entertainment Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Priyesh Ashwin Thakkar was appointed as Director on 13 Aug 2018.
AGM
Optimistic Concepts Entertainment Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Optimistic Concepts Entertainment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Priyesh Ashwin Thakkar was appointed as Director.
Appointed
Thakkar Ashwin Karsandas was appointed as Director.
Incorporation
13 Aug 2018
Optimistic Concepts Entertainment Private Limited was registered on 13 Aug 2018 with Roc Mumbai & aged 8 years 2 months as per MCA records.
Frequently asked questions
Optimistic Concepts Entertainment is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 13 August 2018 (8+ years old) and is registered under CIN U74999MH2018PTC312728.
Optimistic Concepts Entertainment has 2 current directors:
- Priyesh Ashwin Thakkar - Director
- Thakkar Ashwin Karsandas - Director
The latest financial statements of Optimistic Concepts Entertainment on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Optimistic Concepts Entertainment is U74999MH2018PTC312728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Optimistic Concepts Entertainment was incorporated on 13 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Priyesh Ashwin Thakkar was appointed as Director on 13 Aug 2018. Thakkar Ashwin Karsandas was appointed as Director on 13 Aug 2018.
Yes, Optimistic Concepts Entertainment is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Optimistic Concepts Entertainment is at B18 Harsha Apartment Opp Tridev Tower Bhakti Marg Mulund W, Mumbai, Maharashtra, India – 400080.
Optimistic Concepts Entertainment operates in the business outsourcing industry, in the business and IT consulting segment.
Optimistic Concepts Entertainment has 1 associated brand: Sip And Swap.