Shah Eye Care Private Limited

Manufactures and sells ophthalmic lenses, surgical knives, and intraocular lenses for eye surgery.

2005 | Davangere, Karnataka (India) | Active
Last Updated: November 16, 2024

Shah Eye Care Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.97 M
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.86 Cr
  • Satisfied Charges ₹ 7.90 Cr
  • Revenue Growth 44.57%
  • Profit Growth 55.79%
  • Ebitda 50.70%
  • Net Worth 41.51%
  • Total Assets 53.55%

About Shah Eye Care

Shah Eye Care Private Limited (SECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 2005 and has a history of 19 years and seven months. Its registered office is in Davangere, Karnataka, India.

The Corporate was formerly known as Shah Eye-Tech Private Limited. The Company is engaged in the Healthcare 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 3.00 M and a paid-up capital of Rs 1.97 M.

The company currently has active open charges totaling ₹40.86 Cr. The company has closed loans amounting to ₹7.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kalpesh Jain and Ajit Shah serve as directors at the Company.

Company Details

  • Location

    Davangere, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33112KA2005PTC036681

  • Company No.

    036681

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 2005

  • Date of AGM

    15 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Healthcare

What products or services does Shah Eye Care Private Limited offer?

Shah Eye Care Private Limited offers a wide range of products and services, including Surgical Instruments & Accessories, Surgical Knives, Ophthalmic Surgical Instruments, Keratome Slit Blade, Ophthalmic Blade and Knife, Costume & Fashion Jewelry, Wrist Bands, Crescent Knives, Forceps & Graspers.

Who are the key members and board of directors at Shah Eye Care?

Board Members (2)

Name Designation Appointment Date Status
Kalpesh Jain Country flag representing In Director 01-Jul-2005 Current
Ajit Shah Country flag representing In Director 01-Jul-2005 Current

Financial Performance of Shah Eye Care.

Shah Eye Care Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.57% increase. The company also saw a substantial improvement in profitability, with a 55.79% increase in profit. The company's net worth Soared by an impressive increase of 41.51%.

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
44.57%
Revenue from Operations
43.23%
Total Assets
53.55%
Profit or Loss
55.79%
Net Worth
41.51%
EBITDA
50.70%

What is the Ownership and Shareholding Structure of Shah Eye Care?

In 2022, Shah Eye Care 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

₹408.60 M

Satisfied Charges

₹78.97 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 24.50 Cr
  • Axis Bank Limited : 8.69 Cr
  • Others : 7.67 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2023 Hdfc Bank Limited ₹24.50 Cr Open
20 Oct 2022 Others ₹7.50 Cr Open
05 Feb 2022 Others ₹1.70 M Open
02 Jul 2019 Axis Bank Limited ₹8.69 Cr Open
17 Oct 2018 Others ₹0.97 M Satisfied

How Many Employees Work at Shah Eye Care?

Shah Eye Care has a workforce of 47 employees as of Apr 03, 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 Shah Eye Care, 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 Shah Eye Care'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 Shah Eye Care

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 245.00 M registered on 28 Mar 2023 with Charge ID 100753118 was modified on 13 Aug 2024.

    13 Aug 2024

  • Annual General Meeting

    Shah Eye Care Private Limited last Annual general meeting of members was held on 15 Nov 2023 as per latest MCA records.

    15 Nov 2023

  • Balance Sheet

    Shah Eye Care Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 245.00 M with Charge ID 100753118 was registered on 28 Mar 2023.

    28 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 75.00 M with Charge ID 100643277 was registered on 20 Oct 2022.

    20 Oct 2022

  • Charges

    A charge with Others amounted to Rs. 1.70 M with Charge ID 100536809 was registered on 05 Feb 2022.

    05 Feb 2022

Frequently asked questions

  • Shah Eye Care Private Limited was incorporated on 01 Jul 2005.

  • The authorized share capital of Shah Eye Care Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.97 M.

  • Currently 2 directors are associated with Shah Eye Care Private Limited.

    • Kalpesh Kumar Ramanlal Jain
    • Ajit Kumar Ramanlal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shah Eye Care Private Limited is Plot No. 8 9 Karur Industrial Area, P.B. Road India, Davanagere, Karnataka, 577006.

  • The corporate identification number (CIN) of Shah Eye Care Private Limited is U33112KA2005PTC036681 and the company number is 036681 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shah Eye Care Private Limited is https://www.shaheyecare.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shah Eye Care Private Limited has risen by 44.57%.

  • As Per 2023 financial reports, 47 employees are currently employed by Shah Eye Care Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shah Eye Care Private Limited has experienced an upsurge of 41.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shah Eye Care Private Limited amount to ₹ 40.86 Cr.

  • The most recent Balance Sheet for Shah Eye Care Private Limited was filed with the ROC on 31 Mar 2023.

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