Optical Association Of India

Founded in 2017 and headquartered in Punjab, India.

2017 | Ludhiana, Punjab (India) | Active
Last Updated: July 25, 2024

Optical Association Of India Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 35.00 K
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 990.52%
  • Profit Growth 68.47%
  • Ebitda 51.35%
  • Net Worth -11.83%
  • Total Assets -12.50%

About Optical Association Of India

Optical Association Of India (OAOI) is a Public Not For Profit Company incorporated in India on 01 August 2017 (Seven years and six months 2 days old ). Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Service Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 35.00 K , as per Ministry of Corporate Affairs (MCA) records.

Subir Mishra, Surendra Khanna, Atulkumar Shah, and Six other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U85310PB2017NPL046816

  • Company No.

    046816

  • Company Classification

    Public Not For Profit Company

  • Incorporation Date

    01 Aug 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Service

Who are the key members and board of directors at Optical Association Of India?

Board Members (9)

Name Designation Appointment Date Status
Abhinav Maharwal Country flag representing In Director 20-Sep-2017 Current
Subir Mishra Country flag representing In Director 20-Sep-2017 Current
Surendra Khanna Country flag representing In Director 20-Sep-2017 Current
Atulkumar Shah Country flag representing In Director 20-Sep-2017 Current
Davinder Kalra Country flag representing In Director 20-Sep-2017 Current
Nareshkumar Chokshi Country flag representing In Director 20-Sep-2017 Current

Financial Performance of Optical Association Of India.

Optical Association Of India, for the financial year ended 2023, experienced significant growth in revenue, with a 990.52% increase. The company also saw a substantial improvement in profitability, with a 68.47% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.83%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
990.52%
Revenue from Operations
Total Assets
-12.50%
Profit or Loss
68.47%
Net Worth
-11.83%
EBITDA
51.35%

What is the Ownership and Shareholding Structure of Optical Association Of India?

In 2023, Optical Association Of India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Optical Association Of India?

Unlock and access historical data on people associated with Optical Association Of India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Optical Association Of India, 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 Optical Association Of India's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Optical Association Of India

Recent activity within the organization

  • Annual General Meeting

    Optical Association Of India last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Optical Association Of India has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Abhinav Maharwal was appointed as a Director was appointed as a Director on 20 Sep 2017 & has been associated with this company since 7 years 4 months .

    20 Sep 2017

  • Director Appointment

    Nareshkumar Jayantilal Chokshi was appointed as a Director was appointed as a Director on 20 Sep 2017 & has been associated with this company since 7 years 4 months .

    20 Sep 2017

  • Director Appointment

    Anand Maharwal was appointed as a Director was appointed as a Director on 20 Sep 2017 & has been associated with this company since 7 years 4 months .

    20 Sep 2017

  • Director Appointment

    Akash Bansal was appointed as a Director was appointed as a Director on 01 Aug 2017 & has been associated with this company since 7 years 6 months .

    01 Aug 2017

Frequently asked questions

  • Optical Association Of India was incorporated on 01 Aug 2017.

  • The authorized share capital of Optical Association Of India is ₹ 0.10 M and paid-up capital is ₹ 35.00 K .

  • Currently 9 directors are associated with Optical Association Of India.

    • Subir Kumar Mishra
    • Surendra Kuamr Khanna
    • Atulkumar Hasmukhlal Shah
    • Davinder Kalra
    • Abhinav Maharwal
    • Nareshkumar Jayantilal Chokshi
    • Anand Maharwal
    • Akash Bansal
    • Subhash Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Optical Association Of India is House No. 147 Vishal Nagar Pakhowal Road, Ludhiana, Punjab, India, 141002.

  • The corporate identification number (CIN) of Optical Association Of India is U85310PB2017NPL046816 and the company number is 046816 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Optical Association Of India is https://www.opticalassociationofindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Optical Association Of India has risen by 990.52%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Optical Association Of India has experienced an downturn of -11.83%.

  • The most recent Balance Sheet for Optical Association Of India was filed with the ROC on 31 Mar 2023.

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