Optimize It Systems Private Limited

Provides software technology services, consultancy, and advisory in IT, hardware, software, and multimedia products.

2010 | Kolkata, West Bengal (India) | Active
Last Updated: July 17, 2024

Optimize It Systems Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.32 M
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.60 Cr
  • Revenue Growth -62.02%
  • Profit Growth -43.38%
  • Ebitda -19.69%
  • Net Worth 2.13%
  • Total Assets -36.73%

About Optimize It Systems

Optimize It Systems Private Limited (OISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 March 2010 and has a history of 14 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Information Technology 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 5.00 M and a paid-up capital of Rs 4.32 M.

The company currently has active open charges totaling ₹17.60 Cr.

Vikash Binjrajka, Lalit Pareek, and Vithika Binjrajka serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200WB2010PTC143272

  • Company No.

    143272

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 2010

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Information Technology

Who are the key members and board of directors at Optimize It Systems?

Board Members (3)

Name Designation Appointment Date Status
Vithika Binjrajka Country flag representing Us Director 03-Jan-2013 Current
Vikash Binjrajka Country flag representing In Director 11-Mar-2010 Current
Lalit Pareek Country flag representing In Director 04-Aug-2020 Current

Financial Performance of Optimize It Systems.

Optimize It Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 62.02% decrease. The company also saw a substantial fall in profitability, with a 43.38% decrease in profit. The company's net worth moved up by a moderate rise of 2.13%.

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
-62.02%
Revenue from Operations
-62.56%
Total Assets
-36.73%
Profit or Loss
-43.38%
Net Worth
2.13%
EBITDA
-19.69%

What is the Ownership and Shareholding Structure of Optimize It Systems?

In 2023, Optimize It Systems 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)

Open Charges

₹176.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 12.50 Cr
  • Hdfc Bank Limited : 5.10 Cr

Latest Charge Details

Date Lender Amount Status
12 Sep 2022 Others ₹12.50 Cr Open
28 Dec 2020 Hdfc Bank Limited ₹1.50 Cr Open
30 Aug 2014 Hdfc Bank Limited ₹3.60 Cr Open

How Many Employees Work at Optimize It Systems?

Optimize It Systems has a workforce of 87 employees as of Apr 01, 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 Optimize It Systems, 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 Optimize It Systems'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 Optimize It Systems

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 125.00 M registered on 12 Sep 2022 with Charge ID 100607507 was modified on 20 Feb 2024.

    20 Feb 2024

  • Annual General Meeting

    Optimize It Systems Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Optimize It Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 125.00 M with Charge ID 100607507 was registered on 12 Sep 2022.

    12 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 15.00 M with Charge ID 100401152 was registered on 28 Dec 2020.

    28 Dec 2020

  • Charges

    A charge with Hdfc Bank Limited of Rs. 36.00 M registered on 30 Aug 2014 with Charge ID 10520488 was modified on 15 Sep 2020.

    15 Sep 2020

Frequently asked questions

  • Optimize It Systems Private Limited was incorporated on 11 Mar 2010.

  • The authorized share capital of Optimize It Systems Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.32 M.

  • Currently 3 directors are associated with Optimize It Systems Private Limited.

    • Vikash Agarwal Binjrajka
    • Lalit Kumar Pareek
    • Vithika Agrawal Binjrajka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Optimize It Systems Private Limited is 25 Park Lane, Kolkata, West Bengal, India, 700016.

  • The corporate identification number (CIN) of Optimize It Systems Private Limited is U72200WB2010PTC143272 and the company number is 143272 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Optimize It Systems Private Limited is https://www.optimizeitsystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Optimize It Systems Private Limited has fallen by -62.02%.

  • As Per 2023 financial reports, 87 employees are currently employed by Optimize It Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Optimize It Systems Private Limited has experienced an upsurge of 2.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Optimize It Systems Private Limited amount to ₹ 17.60 Cr.

  • The most recent Balance Sheet for Optimize It Systems Private Limited was filed with the ROC on 31 Mar 2023.

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