Specsmakers Opticians Private Limited

Optical retail chain offering eye care services and a wide range of eye-wear products.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 27, 2024

Specsmakers Opticians Profile

Key Indicators

  • Authorised Capital ₹ 24.75 Cr
  • Paid Up Capital ₹ 22.24 Cr
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.70 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth 30.83%
  • Profit Growth 22.46%
  • Ebitda 30.28%
  • Net Worth -14.14%
  • Total Assets -5.53%

About Specsmakers Opticians

Specsmakers Opticians Private Limited (SOPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 2011 and has a history of 13 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 24.75 Cr and a paid-up capital of Rs 22.24 Cr.

The company currently has active open charges totaling ₹13.70 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashvin Chadha, Pratik Shah, Sonal Shah, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    specsmakers.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2011PTC080030

  • Company No.

    080030

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Goods

What products or services does Specsmakers Opticians Private Limited offer?

Specsmakers Opticians Private Limited offers a wide range of products and services, including Necklace, Neck Chains, Eyewear, Spectacle Frames, Fashion Optical Frame, Sun Glasses, Fashion Sunglasses, Sunglass Frames, Eyewear Manufacturers, Toric Lens.

Who are the key members and board of directors at Specsmakers Opticians?

Executive Team (1)

NameDesignationAppointment DateStatus
Pratik Shah Country flag representing In Managing Director05-Apr-2011Current

Board Members (4)

NameDesignationAppointment DateStatus
Ashvin Chadha Country flag representing In Nominee Director 13-Dec-2017Current
Sonal Shah Country flag representing In Whole-Time Director 05-Apr-2011Current
Karan Wilkhoo Country flag representing In Additional Director 29-Nov-2024Current
Devansh Majithia Country flag representing In Additional Director 29-Nov-2024Current

Financial Performance of Specsmakers Opticians.

Specsmakers Opticians Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.83% increase. The company also saw a substantial improvement in profitability, with a 22.46% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.14%.

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
30.83%
Revenue from Operations
31.16%
Total Assets
-5.53%
Profit or Loss
22.46%
Net Worth
-14.14%
EBITDA
30.28%

What is the Ownership and Shareholding Structure of Specsmakers Opticians?

In 2021, Specsmakers Opticians had a promoter holding of 36.84% and a public holding of 63.16%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.70 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.70 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2024Others₹3.00 CrOpen
14 Oct 2022Others₹8.00 CrOpen
16 Sep 2021Others₹9.00 MOpen
11 Aug 2020Others₹1.80 CrOpen
27 Jan 2020Others₹5.00 CrSatisfied

How Many Employees Work at Specsmakers Opticians?

Specsmakers Opticians has a workforce of 805 employees as of Apr 05, 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 Specsmakers Opticians, 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 Specsmakers Opticians'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 Specsmakers Opticians

Recent activity within the organization

  • Director Appointment

    Karan Singh Surjit Singh Wilkhoo was appointed as a Additional Director was appointed as a Additional Director on 29 Nov 2024 & has been associated with this company since 2 months 25 days .

    29 Nov 2024

  • Director Appointment

    Devansh Rajendra Majithia was appointed as a Additional Director was appointed as a Additional Director on 29 Nov 2024 & has been associated with this company since 2 months 25 days .

    29 Nov 2024

  • Annual General Meeting

    Specsmakers Opticians Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101011707 was registered on 12 Sep 2024.

    12 Sep 2024

  • Balance Sheet

    Specsmakers Opticians Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 27 Jan 2020 via Charge ID 100323346 with Others was fully satisfied on 04 Aug 2023.

    04 Aug 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Specsmakers Opticians Private Limited was incorporated on 05 Apr 2011.

  • The authorized share capital of Specsmakers Opticians Private Limited is ₹ 24.75 Cr and paid-up capital is ₹ 22.24 Cr.

  • Currently 5 directors are associated with Specsmakers Opticians Private Limited.

    • Ashvin Chadha
    • Pratik Hasmukh Shah
    • Sonal Pratik Shah
    • Karan Singh Surjit Singh Wilkhoo
    • Devansh Rajendra Majithia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Specsmakers Opticians Private Limited is Bascon Futura Sv First Floor No. 10/1, Venkatnarayana Road India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Specsmakers Opticians Private Limited is U74999TN2011PTC080030 and the company number is 080030 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Specsmakers Opticians Private Limited is https://www.specsmakers.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Specsmakers Opticians Private Limited has risen by 30.83%.

  • As Per 2022 financial reports, 805 employees are currently employed by Specsmakers Opticians Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Specsmakers Opticians Private Limited has experienced an downturn of -14.14%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Specsmakers Opticians Private Limited amount to ₹ 13.70 Cr.

  • The most recent Balance Sheet for Specsmakers Opticians Private Limited was filed with the ROC on 31 Mar 2024.

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