- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0082996

About Optimize Couriers Private Limited
Data last updated:
Optimize Couriers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 07 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC102080. Its GSTIN is 29AACCO4779P2ZG (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Puranam Srinivasa Raghavachari Sridhar and Chandrashekar Siddappa.
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 No.2809 19th Main 5th B Cross Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.85 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹5.55 Lakh (net margin 10.5%) and EBITDA of ₹22.16 Lakh (EBITDA margin 41.9%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 148% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh on record.
Optimize Couriers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0082996). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website optimizecouriers.com.
Company details
Recognitions & Rankings of Optimize Couriers
Contact details
Optimize Couriers Private Limited's registered office is in Bangalore, Karnataka. Its website is optimizecouriers.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.2809 19th Main 5th B Cross Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of Optimize Couriers 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 Optimize Couriers is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Optimize Couriers Private Limited, buy the company report.
Financials of Optimize Couriers Private Limited
FY 2025 filings availableOptimize Couriers Private Limited reported revenue of ₹52.85 Lakh (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 148%. EBITDA rose 17% 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
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| EBITDA | ₹22.16 Lakh | ||||
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| Net Profit (PAT) | ₹5.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 41.9% | ||||
| Net Profit Margin | 10.5% | ||||
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To see the full financial statements and ratios of Optimize Couriers Private Limited, buy the company report.
Board of directors of Optimize Couriers Private Limited
Optimize Couriers 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 |
|---|---|---|---|---|
| Puranam Srinivasa Raghavachari Sridhar | Director | 07 May 2022 | 4 Years 5 Months | Current |
| Chandrashekar Siddappa | Director | 07 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Optimize Couriers Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Index Cargo & Courier Services Private Limited | ₹53.9 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Deliqon Express Private Limited | ₹53.58 Lakh (FY 2023) | 342.0% | Delhi, India | |||
| Optimize Couriers Private Limitedthis company | ₹52.85 Lakh (FY 2025) | ₹5.55 Lakh | 10.5% | -38.0% | Bangalore, Karnataka, India | |
| Mahapost Private Limited | ₹51.68 Lakh (FY 2023) | 159.0% | Mumbai, Maharashtra, India | |||
| Madhur Express Services Private Limited | ₹49.86 Lakh (FY 2024) | -50.0% | Bhopal, Madhya Pradesh, India | |||
| Daily Xpress Courier and Cargo Private Limited | ₹49.54 Lakh (FY 2024) | Chandigarh, India |
To see the full peer comparison of Optimize Couriers Private Limited, buy the company report.
Auditor
Optimize Couriers Private Limited is audited by MAHESH NAYAK & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH NAYAK & CO | FY 2022 | 005414S |
Shareholding
The shareholding of Optimize Couriers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Optimize Couriers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2022 | 100667990 | Karnataka Bank Ltd. | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Optimize Couriers 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 Optimize Couriers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Optimize Couriers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCO4779P2ZG | Karnataka | Active | 10 Jul 2020 |
To see the full GST registrations and return filing status of Optimize Couriers Private Limited, buy the company report.
Recent activity
Optimize Couriers Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Devaraj Venkatesh ceased to be Director on 20 May 2022.
Frequently asked questions
Optimize Couriers is an active private limited company based in Bangalore, Karnataka, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 07 April 2017 (9+ years old) and is registered under CIN U74999KA2017PTC102080.
Optimize Couriers has 2 current directors:
- Puranam Srinivasa Raghavachari Sridhar - Director
- Chandrashekar Siddappa - Director
The latest financial statements of Optimize Couriers 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 2018 are in the company report.
The GSTIN of Optimize Couriers is 29AACCO4779P2ZG, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Optimize Couriers is U74999KA2017PTC102080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Optimize Couriers was incorporated on 07 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Optimize Couriers by revenue are Index Cargo & Courier Services Private Limited, Deliqon Express Private Limited, Mahapost Private Limited, Madhur Express Services Private Limited, Daily Xpress Courier and Cargo Private Limited, all in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities).
Devaraj Venkatesh ceased to be Director on 20 May 2022. Puranam Srinivasa Raghavachari Sridhar was appointed as Director on 07 May 2022. Santhosh Vazhayil Joseph ceased to be Director on 01 Sep 2020. Optimize Couriers has 4 board changes on record in total.
Yes, Optimize Couriers is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0082996).
Optimize Couriers can be reached through the website optimizecouriers.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Optimize Couriers is at No.2809 19th Main 5th B Cross Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.

