Optima Wires Private Limited

Manufactures and trades diamond cutting tools and machinery, including wires, beads, and saw machines.

2008 | Vadodara, Gujarat (India) | Merged
Last Updated: January 18, 2025

Optima Wires Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.75 Cr
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2018
  • Satisfied Charges ₹ 80.13 Cr
  • Revenue Growth -7.34%
  • Profit Growth -134.25%
  • Ebitda -8.39%
  • Net Worth -37.19%
  • Total Assets 3.28%

About Optima Wires

Optima Wires Private Limited (OWPL) is Amalgamated company established on 29 May 2008 with its office registered at Vadodara, Gujarat, India and has been running since 16 Year, 8 Months with a paid up capital of 4.75 Cr. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28999GJ2008PTC054079

  • Company No.

    054079

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2008

  • Date of AGM

    24 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Optima Wires?

Board Members (2)

Name Designation Appointment Date Status
Rajesh Govinddas Country flag representing In Director 29-May-2008 Current
Meera Sampat Country flag representing In Director 29-May-2008 Current

Financial Performance of Optima Wires.

Optima Wires Private Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 7.34% decrease. The company also saw a substantial fall in profitability, with a 134.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 37.19%.

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
-7.34%
Revenue from Operations
-1.14%
Total Assets
3.28%
Profit or Loss
-134.25%
Net Worth
-37.19%
EBITDA
-8.39%

What is the Ownership and Shareholding Structure of Optima Wires?

In 2017, Optima Wires had a promoter holding of 50.80% and a public holding of 49.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹80.13 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 41.90 Cr
  • Bank Of Baroda : 38.00 Cr
  • Kotak Mahindra Bank Limited : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
05 Oct 2011 State Bank Of India ₹20.95 Cr Satisfied
05 Jul 2011 State Bank Of India ₹20.95 Cr Satisfied
01 Jun 2010 Kotak Mahindra Bank Limited ₹2.28 M Satisfied
16 Jun 2009 Bank Of Baroda ₹19.00 Cr Satisfied
15 Jun 2009 Bank Of Baroda ₹19.00 Cr Satisfied

How Many Employees Work at Optima Wires?

Optima Wires has a workforce of 25 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Optima Wires, 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 Optima Wires'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 Optima Wires

Recent activity within the organization

  • Annual General Meeting

    Optima Wires Private Limited last Annual general meeting of members was held on 24 Sep 2018 as per latest MCA records.

    24 Sep 2018

  • Balance Sheet

    Optima Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.

    31 Mar 2018

  • Charges

    A charge registered on 01 Jun 2010 via Charge ID 10222644 with Kotak Mahindra Bank Limited was fully satisfied on 07 Jun 2016.

    07 Jun 2016

  • Charges

    A charge registered on 05 Oct 2011 via Charge ID 10310619 with State Bank Of India was fully satisfied on 30 Jul 2013.

    30 Jul 2013

  • Charges

    A charge registered on 05 Jul 2011 via Charge ID 10297286 with State Bank Of India was fully satisfied on 30 Jul 2013.

    30 Jul 2013

  • Charges

    A charge with State Bank Of India amounted to Rs. 20.95 Cr with Charge ID 10310619 was registered on 05 Oct 2011.

    05 Oct 2011

Frequently asked questions

  • Optima Wires Private Limited was incorporated on 29 May 2008.

  • The authorized share capital of Optima Wires Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.75 Cr.

  • Currently 2 directors are associated with Optima Wires Private Limited.

    • Rajesh Sampat Govinddas
    • Meera Rajesh Sampat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Optima Wires Private Limited is 736, Gidc Estate Waghodia India, Vaghodia, Gujarat, 391760.

  • The corporate identification number (CIN) of Optima Wires Private Limited is U28999GJ2008PTC054079 and the company number is 054079 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Optima Wires Private Limited is https://www.optimaindia.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Optima Wires Private Limited has fallen by -7.34%.

  • As Per 2017 financial reports, 25 employees are currently employed by Optima Wires Private Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Optima Wires Private Limited has experienced an downturn of -37.19%.

  • The most recent Balance Sheet for Optima Wires Private Limited was filed with the ROC on 31 Mar 2018.

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