Optify Industrial Solutions Private Limited

Founded in 2019 and headquartered in Maharashtra, India.

2019 | Mumbai, Maharashtra (India) | Active
Last Updated: January 10, 2025

Optify Industrial Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 6 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -98.90%
  • Profit Growth -214.24%
  • Ebitda -76.85%
  • Net Worth -723.56%
  • Total Assets 20.47%

About Optify Industrial Solutions

Optify Industrial Solutions Private Limited (OISPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 03 January 2019 (Six years and one month 22 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Piyush Patil and Mukund Patil serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    optifysolutions.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909MH2019PTC319042

  • Company No.

    319042

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 2019

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Optify Industrial Solutions Private Limited offer?

Optify Industrial Solutions Private Limited offers a wide range of products and services, including Process Control Systems & Equipments, Process Controllers, Sensors & Transducers, Proximity Sensor, Electrical Panels & Distribution Box, Industrial Control Panel.

Who are the key members and board of directors at Optify Industrial Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Piyush Patil Country flag representing In Managing Director03-Jan-2019Current

Board Members (1)

NameDesignationAppointment DateStatus
Mukund Patil Country flag representing In Additional Director 15-Oct-2022Current

Financial Performance of Optify Industrial Solutions.

Optify Industrial Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 98.9% decrease. The company also saw a substantial fall in profitability, with a 214.24% decrease in profit. The company's net worth observed a substantial decline by a decrease of 723.56%.

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
-98.90%
Revenue from Operations
Total Assets
20.47%
Profit or Loss
-214.24%
Net Worth
-723.56%
EBITDA
-76.85%

What is the Ownership and Shareholding Structure of Optify Industrial Solutions?

In 2021, Optify Industrial Solutions had a promoter holding of 98.00% and a public holding of 2.00%. 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 Optify Industrial Solutions?

Unlock and access historical data on people associated with Optify Industrial Solutions, 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 Optify Industrial Solutions, 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 Optify Industrial Solutions'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 Optify Industrial Solutions

Recent activity within the organization

  • Director Appointment

    Mukund Narayan Patil was appointed as a Additional Director was appointed as a Additional Director on 15 Oct 2022 & has been associated with this company since 2 years 4 months .

    15 Oct 2022

  • Annual General Meeting

    Optify Industrial Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Optify Industrial Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Director Appointment

    Piyush Mukund Patil was appointed as a Managing Director was appointed as a Managing Director on 03 Jan 2019 & has been associated with this company since 6 years 1 month .

    03 Jan 2019

  • Company Incorporation

    Optify Industrial Solutions Private Limited was registered on 03 Jan 2019 with Roc Mumbai & aged 6 years 1 month as per MCA records.

    03 Jan 2019

Frequently asked questions

  • Optify Industrial Solutions Private Limited was incorporated on 03 Jan 2019.

  • The authorized share capital of Optify Industrial Solutions Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Optify Industrial Solutions Private Limited.

    • Piyush Mukund Patil
    • Mukund Narayan Patil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Optify Industrial Solutions Private Limited is Office No.1 1St Floor Arihant Enclave Ashok Nagar, Kandivali East India, Mumbai, Maharashtra, 400101.

  • The corporate identification number (CIN) of Optify Industrial Solutions Private Limited is U31909MH2019PTC319042 and the company number is 319042 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Optify Industrial Solutions Private Limited is https://www.optifysolutions.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Optify Industrial Solutions Private Limited has fallen by -98.90%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Optify Industrial Solutions Private Limited has experienced an downturn of -723.56%.

  • The most recent Balance Sheet for Optify Industrial Solutions Private Limited was filed with the ROC on 31 Mar 2022.

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