About Specsmakers Opticians Private Limited
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Specsmakers Opticians Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 05 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2011PTC080030. Its GSTIN is 33AAPCS6371Q1ZH (Tamil Nadu). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹29.15 Cr and a paid-up capital of ₹23.94 Cr. It is led by directors including Pratik Hasmukh Shah (Managing Director) and Sonal Pratik Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.16 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹18.2 Lakh (net margin -0.2%) and EBITDA of ₹3.62 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 7% over five years.
The company has about 805 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Specsmakers. As per MCA filings, the company has open charges of ₹5.7 Cr and satisfied charges of ₹18 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 18 deals on record (11 funding rounds, 5 secondary share transfers, 1 acquisition), with disclosed funding of ₹182.36 Cr; the latest was in March 2026. Its 5 peer companies in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 3 smaller; the largest is House of Masaba Lifestyle Private Limited with revenue of ₹115.88 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website specsmakers.in.
Company details
Contact details
Specsmakers Opticians Private Limited's registered office is in Chennai, Tamil Nadu. Its website is specsmakers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBascon Futura Sv First Floor, No. 10/1 Venkatnarayana Road, Chennai, Tamil Nadu, India – 600017
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Specsmakers Opticians 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
Specsmakers Opticians operates one associated brand: Specsmakers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform offering eyewear solution | specsmakers.in |
Business activity
The main business activity of Specsmakers Opticians 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 Specsmakers Opticians Private Limited, buy the company report.
Financials of Specsmakers Opticians Private Limited
FY 2025 filings availableSpecsmakers Opticians Private Limited reported revenue of ₹105.16 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 12% growth in the latest year. EBITDA rose 93% 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 |
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| EBITDA | ₹3.62 Cr | ||||
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| Net Profit (PAT) | -₹18.2 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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| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | -0.2% | ||||
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To see the full financial statements and ratios of Specsmakers Opticians Private Limited, buy the company report.
Board of directors of Specsmakers Opticians Private Limited
Specsmakers Opticians has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Pratik Shah Also directs: Psi Eyewear Private Limited | Whole-Time Director | 05 Apr 2011 | 15 Years 6 Months | Current |
| Devansh Rajendra Majithia Also directs: Auraview Products LLP, Blendarth Corporation LLP, Blendarth Enterprises LLP and 3 more | Nominee Director | 29 Nov 2024 | 1 Years 10 Months | Current |
| Pratik Hasmukh Shah Also directs: Psi Eyewear Private Limited | Managing Director | 05 Apr 2011 | 15 Years 6 Months | Current |
| Karan Singh Surjit Singh Wilkhoo | Nominee Director | 29 Nov 2024 | 1 Years 10 Months | Current |
| Ashvin Chadha Also directs: Anicut Capital LLP, Wingreens Farms Private Limited, Georgiadakota Foods Private Limited and 5 more | Nominee Director | 13 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Specsmakers Opticians Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Accessories 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 |
|---|---|---|---|---|---|---|
| House of Masaba Lifestyle Private Limited | ₹115.88 Cr (FY 2025) | 65.0% | Mumbai, Maharashtra, India | |||
| Kazo Fashion Private Limited | ₹112.04 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Specsmakers Opticians Private Limitedthis company | ₹105.16 Cr (FY 2025) | -₹18.2 Lakh | -0.2% | 12.0% | 805 | Chennai, Tamil Nadu, India |
| Johnson Watch Company Private Limited | ₹102.19 Cr (FY 2022) | 10.0% | New Delhi, Delhi, India | |||
| Ikon Retail Private Limited | ₹101.46 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Dayal Opticals India Private Limited | ₹100.94 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India |
To see the full peer comparison of Specsmakers Opticians Private Limited, buy the company report.
Auditor
Specsmakers Opticians Private Limited is audited by B S R & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & ASSOCIATES LLP | FY 2023 | 116231W/W-100024 |
Shareholding
The shareholding of Specsmakers Opticians 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Specsmakers Opticians Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2024 | 101011707 | Others | ₹3 Cr | Open | |
| 16 Sep 2021 | 100488593 | Others | ₹90 Lakh | Open | |
| 11 Aug 2020 | 100365605 | Others | ₹1.8 Cr | Open | |
| 14 Oct 2022 | 100624274 | Others | ₹8 Cr | Satisfied | |
| 27 Jan 2020 | 100323346 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Specsmakers Opticians Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Specsmakers Opticians Private Limited has 18 deals on record (11 funding rounds, 5 secondary share transfers, 1 acquisition), with disclosed funding of ₹182.36 Cr; the latest was in March 2026.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: Auraview Products LLP Seller: Eight Roads Ventures |
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: Auraview Products LLP Seller: Eight Roads Ventures, Fulcrum Private Equity, Small Industries Development Bank Of India |
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: Auraview Products LLP Seller: Accounts Receivables Management Services India Private Limited, 3 individuals |
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: Pallasanna Krishna Subramanian Huf, Victory Financial Services Private Limited, 2 individuals Seller: Fulcrum Private Equity |
| May 2017 | Funding round · Pre-Series A | ₹10.05 Cr | Investors: 4 individuals |
To see the full deal history of Specsmakers Opticians 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
Specsmakers Opticians Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Court case (RLTOP) | Filed against the company by an individual | Pending |
To see the full case history of Specsmakers Opticians 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 Specsmakers Opticians Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Specsmakers Opticians has 1 subsidiary 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 |
|---|---|---|
| Psi Eyewear Private Limited | U74999TN2017PTC119665 |
To see the full group structure of Specsmakers Opticians Private Limited, buy the company report.
Employees & EPFO
Specsmakers Opticians Private Limited has a workforce of 805 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Specsmakers Opticians has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAPCS6371Q1ZH | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAPCS6371Q1Z6 | Karnataka | Active | 01 Jul 2017 |
| 34AAPCS6371Q1ZF | Puducherry | Active | 13 Feb 2019 |
| 36AAPCS6371Q1ZB | Telangana | Active | 28 May 2019 |
To see the full GST registrations and return filing status of Specsmakers Opticians Private Limited, buy the company report.
Recent activity
Specsmakers Opticians Private Limited has 13 board changes on record since 2011: 5 appointments and 8 cessations. The latest: Devansh Rajendra Majithia ceased to be Additional Director on 25 May 2025.
13 earlier events are in the company report.
News
Frequently asked questions
Specsmakers Opticians is an active private limited company based in Chennai, Tamil Nadu, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 05 April 2011 (15+ years old) and is registered under CIN U74999TN2011PTC080030.
Specsmakers Opticians has 5 current directors:
- Pratik Hasmukh Shah - Managing Director
- Sonal Pratik Shah - Whole-Time Director
- Devansh Rajendra Majithia - Nominee Director
- Karan Singh Surjit Singh Wilkhoo - Nominee Director
- Ashvin Chadha - Nominee Director
The latest financial statements of Specsmakers Opticians on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Specsmakers Opticians is 33AAPCS6371Q1ZH, registered in Tamil Nadu. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAPCS6371Q1Z6 (Karnataka), 34AAPCS6371Q1ZF (Puducherry), 36AAPCS6371Q1ZB (Telangana).
The CIN (Corporate Identification Number) of Specsmakers Opticians is U74999TN2011PTC080030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Specsmakers Opticians has 1 court case on record: 1 filed against it. 1 is pending.
Specsmakers Opticians was incorporated on 05 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Specsmakers Opticians has 18 deals on record (11 funding rounds, 5 secondary share transfers, 1 acquisition), with disclosed funding of ₹182.36 Cr; the latest was in March 2026.
The peers of Specsmakers Opticians by revenue are House of Masaba Lifestyle Private Limited, Kazo Fashion Private Limited, Johnson Watch Company Private Limited, Ikon Retail Private Limited, Dayal Opticals India Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (retail trading).
Devansh Rajendra Majithia ceased to be Additional Director on 25 May 2025. Karan Singh Surjit Singh Wilkhoo ceased to be Additional Director on 25 May 2025. Ashish Venkataramani ceased to be Nominee Director on 29 Nov 2024. Specsmakers Opticians has 13 board changes on record in total.
Specsmakers Opticians can be reached through the website specsmakers.in. Its registered office is in Chennai, Tamil Nadu, India.