- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0025544

About Ronak Optik India Private Limited
Data last updated:
Ronak Optik India Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 12 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2009PTC135063. Its GSTIN is 19AAECR3440A1ZS (West Bengal). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹24 Lakh. It is led by directors including Manish Natvarlal Shah and Pankaj Natwarlal Shah.
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 789 Anandapur E M Bypass Biowonder Building 18th Floor, Kolkata, West Bengal, India – 700107.
As per the financials filed for FY 2025, the company reported a revenue of ₹122.66 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹7.02 Cr (net margin 5.7%) and EBITDA of ₹14.54 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 9% over five years.
The company has about 493 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ronak Optik and IDEE Eyewear. As per MCA filings, the company has open charges of ₹32.61 Cr and satisfied charges of ₹6.05 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 4 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹22.5 Lakh; the latest was in March 2018. Its 4 peer companies in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Swiss Group India Private Limited with revenue of ₹129.62 Cr.
Ronak Optik India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0025544). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ronakoptik.com.
Company details
Recognitions & Rankings of Ronak Optik India
Contact details
Ronak Optik India Private Limited's registered office is in Kolkata, West Bengal. Its website is ronakoptik.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address789 Anandapur E M Bypass Biowonder Building 18th Floor, Kolkata, West Bengal, India – 700107
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Ronak Optik India 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
Brands
Ronak Optik India operates two associated brands: Ronak Optik and IDEE Eyewear. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as a contract manufacturer of eyewear products. | ronakoptik.com | |
| Online retail of spectacles, sunglasses, and frames in India. | idee-eyewear.com |
Business activity
The main business activity of Ronak Optik India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ronak Optik India Private Limited, buy the company report.
Financials of Ronak Optik India Private Limited
FY 2024 filings availableRonak Optik India Private Limited reported revenue of ₹122.66 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 23% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹14.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.02 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 5.7% | ||||
| 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 Ronak Optik India Private Limited, buy the company report.
Board of directors of Ronak Optik India Private Limited
Ronak Optik India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Natvarlal Shah | Director | 12 May 2009 | 17 Years 5 Months | Current |
| Pankaj Natwarlal Shah | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
| Hema Manish Shah | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
| Parul Pankaj Shah | Director | 12 May 2009 | 17 Years 5 Months | Current |
Peer comparison
Ronak Optik India Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swiss Group India Private Limited | ₹129.62 Cr (FY 2025) | 34.0% | Kochi, Kerala, India | |||
| Deccan Soundscape Private Limited | ₹125.01 Cr (FY 2025) | 24.0% | Hyderabad, Telangana, India | |||
| Ronak Optik India Private Limitedthis company | ₹122.66 Cr (FY 2025) | ₹7.02 Cr | 5.7% | -19.0% | 493 | Kolkata, West Bengal, India |
| GMG Tradelink Private Limited | ₹119.26 Cr (FY 2025) | -23.0% | Bhiwani, Haryana, India | |||
| R P Comtrade Private Limited | ₹117.09 Cr (FY 2025) | 47.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ronak Optik India Private Limited, buy the company report.
Auditor
Ronak Optik India Private Limited is audited by Jayesh Nanani & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jayesh Nanani & Associates | FY 2023 | 322856E |
Shareholding
The shareholding of Ronak Optik India 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 Ronak Optik India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2023 | 100811311 | Axis Bank Limited | ₹12 Cr | Open | |
| 11 Aug 2023 | 100809293 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 19 Jan 2021 | 100411881 | Standard Chartered Bank | ₹36 Lakh | Open | |
| 22 Aug 2017 | 100161788 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 18 Sep 2010 | 10243518 | Standard Chartered Bank | ₹10 Cr | Open |
To see the full charge records of Ronak Optik India Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Ronak Optik India Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹22.5 Lakh; the latest was in March 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Apr 2010 | Funding round | ₹22.5 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ronak Optik India Private Limited has 5 court cases on record: 5 filed by Ronak Optik India. 4 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Hollywood Opticians Pvt. Ltd. and 3 Ors | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Hollywood Optics Pvt. Ltd. and Ors | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors. | Disposed |
To see the full case history of Ronak Optik India 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 Ronak Optik India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ronak Optik India Private Limited has a workforce of 493 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 493 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ronak Optik India Private Limited, buy the company report.
GST
Ronak Optik India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECR3440A1ZS | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ronak Optik India Private Limited, buy the company report.
Recent activity
Ronak Optik India Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Jasvantrai Chhotalal Shah ceased to be Director on 09 Mar 2021.
10 earlier events are in the company report.
Frequently asked questions
Ronak Optik India is an active private limited company based in Kolkata, West Bengal, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 12 May 2009 (17+ years old) and is registered under CIN U74900WB2009PTC135063.
Ronak Optik India has 4 current directors:
- Manish Natvarlal Shah - Director
- Pankaj Natwarlal Shah - Director
- Hema Manish Shah - Director
- Parul Pankaj Shah - Director
The latest financial statements of Ronak Optik India 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 Ronak Optik India is 19AAECR3440A1ZS, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ronak Optik India is U74900WB2009PTC135063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ronak Optik India has 5 court cases on record: 5 filed by the company. 4 are pending. Most are in the district courts.
Ronak Optik India was incorporated on 12 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Ronak Optik India has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹22.5 Lakh; the latest was in March 2018.
The peers of Ronak Optik India by revenue are Swiss Group India Private Limited, Deccan Soundscape Private Limited, GMG Tradelink Private Limited, R P Comtrade Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Jasvantrai Chhotalal Shah ceased to be Director on 09 Mar 2021. Jyotsnadevi Jasvantrai Shah ceased to be Director on 09 Mar 2021. Hema Manish Shah was appointed as Director on 01 Apr 2011. Ronak Optik India has 6 board changes on record in total.
Yes, Ronak Optik India is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0025544).

