Option Transport Private Limited

Provides transport, logistics, warehousing, and relocation services to various clients across multiple states.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: February 08, 2025

Option Transport Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.76 Cr
  • Satisfied Charges ₹ 3.48 Cr
  • Revenue Growth 95.21%
  • Profit Growth 183.36%
  • Ebitda 24.50%
  • Net Worth 49.03%
  • Total Assets 27.00%

About Option Transport

Option Transport Private Limited (OTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 1998 and has a history of 26 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 0.10 M.

The company currently has active open charges totaling ₹8.76 Cr. The company has closed loans amounting to ₹3.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prakash More and Vikas More serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    optionlogistics.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63020MH1998PTC116605

  • Company No.

    116605

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Option Transport?

Board Members (2)

NameDesignationAppointment DateStatus
Prakash More Country flag representing In Director 22-Sep-1998Current
Vikas More Country flag representing In Director 18-Oct-2000Current

Financial Performance of Option Transport.

Option Transport Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 95.21% increase. The company also saw a substantial improvement in profitability, with a 183.36% increase in profit. The company's net worth Soared by an impressive increase of 49.03%.

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
95.21%
Revenue from Operations
94.75%
Total Assets
27.00%
Profit or Loss
183.36%
Net Worth
49.03%
EBITDA
24.50%

What is the Ownership and Shareholding Structure of Option Transport?

Unlock access to Option Transport'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

₹87.56 M

Satisfied Charges

₹34.77 M

Charges Breakdown by Lending Institutions

  • Others : 6.89 Cr
  • Axis Bank Limited : 1.62 Cr
  • Nkgsb Co-Operative Bank Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
21 Feb 2024Others₹2.64 CrOpen
14 Mar 2023Others₹2.25 CrOpen
11 Nov 2022Others₹1.00 CrOpen
11 Mar 2022Others₹1.00 CrOpen
02 Aug 2021Axis Bank Limited₹1.62 CrOpen

How Many Employees Work at Option Transport?

Option Transport has a workforce of 24 employees as of Apr 04, 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 Option Transport, 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 Option Transport'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 Option Transport

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 26.40 M with Charge ID 100871205 was registered on 21 Feb 2024.

    21 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Option Transport 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. 22.50 M with Charge ID 100703017 was registered on 14 Mar 2023.

    14 Mar 2023

  • Charges

    A charge registered on 24 Sep 2021 via Charge ID 100483303 with Axis Bank Limited was fully satisfied on 21 Feb 2023.

    21 Feb 2023

  • Charges

    A charge registered on 10 Nov 2017 via Charge ID 100135045 with Axis Bank Limited was fully satisfied on 21 Feb 2023.

    21 Feb 2023

Frequently asked questions

  • Option Transport Private Limited was incorporated on 22 Sep 1998.

  • The authorized share capital of Option Transport Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Option Transport Private Limited.

    • Prakash Jayvant More
    • Vikas Jaywant More
  • As per Ministry of Corporate Affairs (Mca), the registered address of Option Transport Private Limited is 1St Floor 118 Hubtown Solaris Off N S Phadke Road Saiwadi Near East West Flyover, Andheri (East) India, Mumbai, Maharashtra, 400069.

  • The corporate identification number (CIN) of Option Transport Private Limited is U63020MH1998PTC116605 and the company number is 116605 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Option Transport Private Limited is https://www.optionlogistics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Option Transport Private Limited has risen by 95.21%.

  • As Per 2023 financial reports, 24 employees are currently employed by Option Transport Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Option Transport Private Limited has experienced an upsurge of 49.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Option Transport Private Limited amount to ₹ 8.76 Cr.

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

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