Specsmakers Opticians Profile
Key Indicators
- Authorised Capital ₹ 24.75 Cr
- Paid Up Capital ₹ 22.24 Cr
- Company Age 13 Year, 11 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 11 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pratik Shah  | Managing Director | 05-Apr-2011 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashvin Chadha | Nominee Director | 13-Dec-2017 | Current |
| Sonal Shah | Whole-Time Director | 05-Apr-2011 | Current |
| Karan Wilkhoo | Additional Director | 29-Nov-2024 | Current |
| Devansh Majithia | Additional Director | 29-Nov-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Georgiadakota Foods Private LimitedAshvin Chadha is a mutual person
Earth Rhythm Private LimitedAshvin Chadha is a mutual person
India Forge & Drop Stampings LimitedAshvin Chadha is a mutual person
Transformative Learning Solutions Private LimitedAshvin Chadha is a mutual person
Red Pixels Ventures LimitedAshvin Chadha is a mutual person
Anicut Capital LlpAshvin Chadha is a mutual person
Charges (Loans)
Open Charges
₹13.70 Cr
Satisfied Charges
₹10.00 Cr
Charges Breakdown by Lending Institutions
- Others : 13.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Sep 2024 | Others | ₹3.00 Cr | Open |
| 14 Oct 2022 | Others | ₹8.00 Cr | Open |
| 16 Sep 2021 | Others | ₹9.00 M | Open |
| 11 Aug 2020 | Others | ₹1.80 Cr | Open |
| 27 Jan 2020 | Others | ₹5.00 Cr | Satisfied |
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.
Deals i
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
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
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 4 months .
- 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 4 months .
- Annual General Meeting
Specsmakers Opticians Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101011707 was registered on 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.
- Charges
A charge registered on 27 Jan 2020 via Charge ID 100323346 with Others was fully satisfied on 04 Aug 2023.
Recent News, Updates & Announcement
Specsmakers awards its digital mandate to Optima Response.The mandate includes driving traffic to these digital assets, drive store visits, increase Share of Search and transform Specsmakers from a pure play brick and mortar brand to an omni-channel brand.
- Specsmakers raises $10M funding led by Eight Roads Ventures India.
Specsmakers said the funds will be used for expanding operations in other cities and developing the optical chain into a national brand..
Frequently asked questions
What is the Incorporation or founding date of Specsmakers Opticians Private Limited?
Specsmakers Opticians Private Limited was incorporated on 05 Apr 2011.
What is authorized share capital and paid-up capital of Specsmakers Opticians Private Limited?
The authorized share capital of Specsmakers Opticians Private Limited is ₹ 24.75 Cr and paid-up capital is ₹ 22.24 Cr.
Who are the current board members & directors of Specsmakers Opticians Private Limited?
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
What is the registered address of Specsmakers Opticians Private Limited?
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.
What is the corporate identification number (CIN) and company number of Specsmakers Opticians Private Limited?
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).
What is the official website of Specsmakers Opticians Private Limited?
The Official website of Specsmakers Opticians Private Limited is https://www.specsmakers.in
What has been the recent revenue trend for Specsmakers Opticians Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Specsmakers Opticians Private Limited has risen by 30.83%.
How many employees does Specsmakers Opticians Private Limited currently have?
As Per 2022 financial reports, 805 employees are currently employed by Specsmakers Opticians Private Limited.
What change has been observed in the net worth of Specsmakers Opticians Private Limited, and by what percentage?
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%.
What are the total open charges for Specsmakers Opticians Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Specsmakers Opticians Private Limited amount to ₹ 13.70 Cr.
When was the last Balance Sheet of Specsmakers Opticians Private Limited filed with the ROC?
The most recent Balance Sheet for Specsmakers Opticians Private Limited was filed with the ROC on 31 Mar 2024.
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