Optimum Commercials Private Limited

Company operates in steel trading, real estate, and investments, with clients including major banks and exports to multiple countries.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: February 02, 2025

Optimum Commercials Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.96 Cr
  • Satisfied Charges ₹ 6.70 Cr
  • Revenue Growth -73.35%
  • Profit Growth -91.88%
  • Ebitda 112.94%
  • Net Worth 3.74%
  • Total Assets -4.91%

About Optimum Commercials

Optimum Commercials Private Limited (OCPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 July 1994 and has a history of 30 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹3.96 Cr. The company has closed loans amounting to ₹6.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shailesh Saraf and Narnarayan Saraf serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    optimumindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67190MH1994PTC079515

  • Company No.

    079515

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Financial Services

Who are the key members and board of directors at Optimum Commercials?

Board Members (2)

NameDesignationAppointment DateStatus
Shailesh Saraf Country flag representing In Director 08-Jul-1994Current
Narnarayan Saraf Country flag representing In Director 08-Jul-1994Current

Financial Performance of Optimum Commercials.

Optimum Commercials Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 73.35% decrease. The company also saw a substantial fall in profitability, with a 91.88% decrease in profit. The company's net worth moved up by a moderate rise of 3.74%.

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
-73.35%
Revenue from Operations
193.38%
Total Assets
-4.91%
Profit or Loss
-91.88%
Net Worth
3.74%
EBITDA
112.94%

What is the Ownership and Shareholding Structure of Optimum Commercials?

Unlock access to Optimum Commercials's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.60 M

Satisfied Charges

₹67.00 M

Charges Breakdown by Lending Institutions

  • Others : 3.96 Cr

Latest Charge Details

DateLenderAmountStatus
14 Aug 2023Others₹3.06 CrOpen
20 Feb 2023Others₹9.00 MOpen
24 Mar 2008Oriental Bank Of Commerce₹4.00 CrSatisfied
12 Dec 2006Oriental Bank Of Commerce₹2.70 CrSatisfied

How Many Employees Work at Optimum Commercials?

Unlock and access historical data on people associated with Optimum Commercials, 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 Optimum Commercials, 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 Optimum Commercials'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 Optimum Commercials

Recent activity within the organization

  • Annual General Meeting

    Optimum Commercials Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 30.60 M with Charge ID 100770610 was registered on 14 Aug 2023.

    14 Aug 2023

  • Balance Sheet

    Optimum Commercials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 9.00 M with Charge ID 100686138 was registered on 20 Feb 2023.

    20 Feb 2023

  • Charges

    A charge registered on 12 Dec 2006 via Charge ID 10168510 with Oriental Bank Of Commerce was fully satisfied on 30 May 2016.

    30 May 2016

  • Charges

    A charge registered on 24 Mar 2008 via Charge ID 10114516 with Oriental Bank Of Commerce was fully satisfied on 13 Feb 2010.

    13 Feb 2010

Frequently asked questions

  • Optimum Commercials Private Limited was incorporated on 08 Jul 1994.

  • The authorized share capital of Optimum Commercials Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Optimum Commercials Private Limited.

    • Shailesh Nar Narayan Saraf
    • Narnarayan Nathmal Saraf
  • As per Ministry of Corporate Affairs (Mca), the registered address of Optimum Commercials Private Limited is 111-B Mittal Tower210 Nariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Optimum Commercials Private Limited is U67190MH1994PTC079515 and the company number is 079515 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Optimum Commercials Private Limited is https://www.optimumindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Optimum Commercials Private Limited has fallen by -73.35%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Optimum Commercials Private Limited has experienced an upsurge of 3.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Optimum Commercials Private Limited amount to ₹ 3.96 Cr.

  • The most recent Balance Sheet for Optimum Commercials Private Limited was filed with the ROC on 31 Mar 2023.

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