MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0079403
Options Clothing Company Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.75 Cr
▼ 7% YoY
Net loss · FY 2024
₹23.55 Lakh
Net margin -0.9%
EBITDA · FY 2024
₹43.41 Lakh
EBITDA margin 1.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.04 Cr
Issued & subscribed
Open charges
₹2.32 Cr
Satisfied ₹15.43 Cr
Company age
27 yrs
Est. 1999
Directors on board
3
As per MCA filings
About Options Clothing Company Private Limited
Data last updated:
Options Clothing Company Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 08 January 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29269MH1999PTC117818. Its GSTIN is 27AAACO3933B1ZU (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.04 Cr. It is led by directors including Bechar Ganesh Patel and Dharamshi Ganesha Patel.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10 First Floor Mithila Shopping Centre Juhu Scheme V.M.Road Vile Parle (West), Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.75 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹23.55 Lakh (net margin -0.9%) and EBITDA of ₹43.41 Lakh (EBITDA margin 1.6%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹2.32 Cr and satisfied charges of ₹15.43 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2008. Its 4 peer companies in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 2 smaller; the largest is Av Family Wears Private Limited with revenue of ₹27.15 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 35 overdue payments to 7 micro and small suppliers.
Options Clothing Company Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0079403). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website optionsfashion.com.
Company details
CIN U29269MH1999PTC117818
Registration Number 117818
Incorporation Date 08 January 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0079403
Key People
Bechar Ganesh Patel Director Dharamshi Ganesha Patel Director Narshi Ganesha Patel Director Recognitions & Rankings of Options Clothing Company
Contact details
Options Clothing Company Private Limited's registered office is in Mumbai, Maharashtra. Its website is optionsfashion.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10 First Floor Mithila Shopping Centre Juhu Scheme V.M.Road Vile Parle (West), Mumbai, Maharashtra, India – 400049
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of Options Clothing Company Private Limited, buy the company report.
Comprehensive company report
Options Clothing Company 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Options Clothing Company is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Options Clothing Company Private Limited, buy the company report.
Financials of Options Clothing Company Private Limited
FY 2025 filings availableOptions Clothing Company Private Limited reported revenue of ₹26.75 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹26.75 Cr ▼ 7%
Net loss · FY 2024
₹23.55 Lakh margin -0.9%
EBITDA · FY 2024
₹43.41 Lakh margin 1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 27%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 39%
5 years · compounded
▼ 36%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 7% fall in the latest year. EBITDA fell 87% 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 |
|---|---|---|---|---|---|
| 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 | ₹43.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.55 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | -0.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Options Clothing Company Private Limited, buy the company report.
Board of directors of Options Clothing Company Private Limited
Options Clothing Company has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bechar Ganesh Patel Also directs: Autogleam Technology LLP, P&P Builders and Developers Private Limited, Rajkiran Trading Private Limited and 1 more | Director | 02 Apr 2003 | 23 Years 6 Months | Current |
| Dharamshi Ganesha Patel | Director | 25 Sep 2000 | 26 Years 0 Months | Current |
| Narshi Ganesha Patel Also directs: DND Fashion Island Limited Liability Partnership | Director | 08 Jan 1999 | 27 Years 9 Months | Current |
Peer comparison
Options Clothing Company Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Av Family Wears Private Limited | ₹27.15 Cr (FY 2024) | 16.0% | Mathura, Uttar Pradesh, India | |||
| Kala Niketan Couture Private Limited | ₹27.11 Cr (FY 2017) | 1.0% | Vadodara, Gujarat, India | |||
| Options Clothing Company Private Limitedthis company | ₹26.75 Cr (FY 2024) | -₹23.55 Lakh | -0.9% | -7.0% | Mumbai, Maharashtra, India | |
| Indra Manish Agencies Private Limited | ₹26.51 Cr (FY 2024) | -15.0% | Guwahati, Assam, India | |||
| Goel Garments Private Limited | ₹26.46 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Options Clothing Company Private Limited, buy the company report.
Auditor
Options Clothing Company Private Limited is audited by N N VADIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N N VADIA & CO | FY 2023 | 128983W |
Shareholding
The shareholding of Options Clothing Company 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 Options Clothing Company Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.32 Cr
Satisfied charges
₹15.43 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2024 | 101041859 | Others | ₹19.3 Lakh | Open | |
| 19 Nov 2019 | 100302860 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 18 Aug 2017 | 100121819 | Hdfc Bank Limited | ₹1.83 Cr | Open | |
| 03 Oct 2017 | 100130373 | Hdfc Bank Limited | ₹15 Lakh | Satisfied | |
| 22 Sep 2017 | 100130370 | Hdfc Bank Limited | ₹8.07 Lakh | Satisfied |
To see the full charge records of Options Clothing Company Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Options Clothing Company Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2008.
Total deals
2
Funding rounds
2
Disclosed funding
₹1.34 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Funding round | ₹54 Lakh | Investors: 4 individuals |
| Dec 2007 | Funding round | ₹79.9 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Options Clothing Company Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by M/S. Kapoor Imaging Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Allflex Plastics LLP | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Idbi Bank Ltd | Disposed |
To see the full case history of Options Clothing Company 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
Options Clothing Company Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 35 overdue payments to 7 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 (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hetal Apparels | |||
| Arken Enterprises | |||
| an individual supplier | |||
| Sthirlakshmi Tradecom Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Options Clothing Company Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Options Clothing Company has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO3933B1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Options Clothing Company Private Limited, buy the company report.
Recent activity
Options Clothing Company Private Limited has 6 board changes on record since 1999: 3 appointments and 3 cessations. The latest: Dhanji Ganesha Patel ceased to be Director on 27 Oct 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 1.83 Cr registered on 18 Aug 2017 with Charge ID 100121819 was modified on 23 Oct 2025.
AGM
Options Clothing Company Private Limited last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records.
Filing
Options Clothing Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 101041859 was registered on 31 Dec 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 0.30 Cr registered on 19 Nov 2019 with Charge ID 100302860 was modified on 23 Feb 2023.
Ceased
Dhanji Ganesha Patel ceased to be Director.
Charges
A charge registered on 03 Oct 2017 via Charge ID 100130373 with Hdfc Bank Limited was fully satisfied on 03 Oct 2022.
Charges
A charge registered on 22 Sep 2017 via Charge ID 100130370 with Hdfc Bank Limited was fully satisfied on 03 Oct 2022.
Charges
A charge registered on 28 Mar 2014 via Charge ID 10493172 with Ing Vysya Bank Limited was fully satisfied on 01 Apr 2021.
Charges
A charge registered on 31 Dec 2012 via Charge ID 10401409 with Ing Vysya Bank Limited was fully satisfied on 01 Apr 2021.
Charges
A charge registered on 03 Mar 2017 via Charge ID 100091461 with Hdfc Bank Limited was fully satisfied on 06 Mar 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100302860 was registered on 19 Nov 2019.
21 earlier events are in the company report.
Frequently asked questions
Options Clothing Company is an active private limited company based in Mumbai, Maharashtra, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 08 January 1999 (27+ years old) and is registered under CIN U29269MH1999PTC117818.
Options Clothing Company has 3 current directors:
- Bechar Ganesh Patel - Director
- Dharamshi Ganesha Patel - Director
- Narshi Ganesha Patel - Director
The latest financial statements of Options Clothing Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Options Clothing Company is 27AAACO3933B1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Options Clothing Company is U29269MH1999PTC117818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Options Clothing Company has 3 court cases on record: 3 filed against it. 1 is pending.
Options Clothing Company was incorporated on 08 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Options Clothing Company has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2008.
The peers of Options Clothing Company by revenue are Av Family Wears Private Limited, Kala Niketan Couture Private Limited, Indra Manish Agencies Private Limited, Goel Garments Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Dhanji Ganesha Patel ceased to be Director on 27 Oct 2022. Manji Ganesha Patel ceased to be Director on 28 Dec 2012. Suresh Ganesh Patel ceased to be Director on 28 Dec 2012. Options Clothing Company has 6 board changes on record in total.
Yes, Options Clothing Company is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0079403).
Options Clothing Company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 35 overdue payments to 7 micro and small suppliers. The latest return was filed on 08 Jun 2019.