Optacredit Fintech Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.02 Cr
- Company Age 38 Year, 3 Months
- Last Filing with ROC 31 Mar 2020
- Satisfied Charges ₹ 0.50 M
- Revenue Growth -83.95%
- Profit Growth -349.81%
- Ebitda -1128.72%
- Net Worth -169.87%
- Total Assets -82.26%
About Optacredit Fintech
Optacredit Fintech Private Limited (OFPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 February 1987 and has a history of 38 years and three months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Mani Market Consultants And Investments Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.02 Cr.
The company has closed loans amounting to ₹0.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Kumar Srivatsan and Krishna Arunkumar serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65993TN1987PTC013978
- Company No.
013978
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Feb 1987
- Date of AGM
28 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Optacredit Fintech Private Limited
Explore comprehensive data for Optacredit Fintech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Optacredit Fintech?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kumar Srivatsan  | Director | 21-Aug-2017 | Current |
| Krishna Arunkumar | Director | 21-Nov-2016 | Current |
Financial Performance of Optacredit Fintech.
Optacredit Fintech Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 83.95% decrease. The company also saw a substantial fall in profitability, with a 349.81% decrease in profit. The company's net worth observed a substantial decline by a decrease of 169.87%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Optacredit Fintech?
In 2020, Optacredit Fintech had a promoter holding of 81.28% and a public holding of 18.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Leap247 Finnovations Private LimitedKumar Srivatsan is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹0.05 Cr
Charges Breakdown by Lending Institutions
- Grindlays Bank : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Feb 1989 | Grindlays Bank | ₹0.50 M | Satisfied |
How Many Employees Work at Optacredit Fintech?
Optacredit Fintech has a workforce of 13 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Optacredit Fintech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Optacredit Fintech's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Optacredit Fintech
Recent activity within the organization
- Annual General Meeting
Optacredit Fintech Private Limited last Annual general meeting of members was held on 28 Dec 2020 as per latest MCA records.
- Balance Sheet
Optacredit Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.
- Director Appointment
Kumar Srivatsan was appointed as a Director was appointed as a Director on 21 Aug 2017 & has been associated with this company since 7 years 8 months .
- Director Appointment
Krishna Kumar Arunkumar was appointed as a Director was appointed as a Director on 21 Nov 2016 & has been associated with this company since 8 years 5 months .
- Charges
A charge registered on 23 Feb 1989 via Charge ID 90303525 with Grindlays Bank was fully satisfied on 15 Sep 1994.
- Charges
A charge with Grindlays Bank amounted to Rs. 0.05 Cr with Charge ID 90303525 was registered on 23 Feb 1989.
Recent News, Updates & Announcement
- OptaCredit secures $4 million credit line from DMI Finance | Mint.
OptaCredit will use the money to lend to its target group of customers and to strengthen its balance sheet in preparation to raise more capital from the market.
Frequently asked questions
What is the Incorporation or founding date of Optacredit Fintech Private Limited?
Optacredit Fintech Private Limited was incorporated on 02 Feb 1987.
What is authorized share capital and paid-up capital of Optacredit Fintech Private Limited?
The authorized share capital of Optacredit Fintech Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.02 Cr.
Who are the current board members & directors of Optacredit Fintech Private Limited?
Currently 2 directors are associated with Optacredit Fintech Private Limited.
- Kumar Srivatsan
- Krishna Kumar Arunkumar
What is the registered address of Optacredit Fintech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Optacredit Fintech Private Limited is Raamsreenewno.20(Oldno.13)Sadullahstreett.Nagar India, Chennai, Tamil Nadu, 600017.
What is the corporate identification number (CIN) and company number of Optacredit Fintech Private Limited?
The corporate identification number (CIN) of Optacredit Fintech Private Limited is U65993TN1987PTC013978 and the company number is 013978 as per Ministry of Corporate Affairs (MCA).
What is the official website of Optacredit Fintech Private Limited?
The Official website of Optacredit Fintech Private Limited is https://www.optacredit.com
What has been the recent revenue trend for Optacredit Fintech Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Optacredit Fintech Private Limited has fallen by -83.95%.
How many employees does Optacredit Fintech Private Limited currently have?
As Per 2020 financial reports, 13 employees are currently employed by Optacredit Fintech Private Limited.
What change has been observed in the net worth of Optacredit Fintech Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Optacredit Fintech Private Limited has experienced an downturn of -169.87%.
When was the last Balance Sheet of Optacredit Fintech Private Limited filed with the ROC?
The most recent Balance Sheet for Optacredit Fintech Private Limited was filed with the ROC on 31 Mar 2020.
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