Vision Care (India) Private Limited

Retailer of optical goods including frames, lenses, and sunglasses from various popular brands.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 31, 2024

Vision Care (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.17 M
  • Company Age 31 Year, 8 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.95 M
  • Revenue Growth 12.09%
  • Profit Growth 108.01%
  • Ebitda 303.49%
  • Net Worth 17.28%
  • Total Assets 24.58%

About Vision Care (India)

Vision Care (India) Private Limited (VCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 February 1994 and has a history of 31 years. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.17 M.

The company currently has active open charges totaling ₹8.95 M.

Bakul Parekh, Prakash Nichani, Lomesh Patel, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33209TN1994PTC026678

  • Company No.

    026678

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Feb 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Goods

What products or services does Vision Care (India) Private Limited offer?

Vision Care (India) Private Limited offers a wide range of products and services, including Spectacle Frames, Plastic Spectacle Frames, Eyewear, Sun Glasses, Disposable & Other Optical Lenses, Lenses, Metal Spectacle Frames.

Who are the key members and board of directors at Vision Care (India)?

Board Members (11)

Name Designation Appointment Date Status
Yash Turakhia Country flag representing In Director 11-Jan-2020 Current
Lomesh Patel Country flag representing In Director 01-Feb-1994 Current
Parekh Deepa Country flag representing In Director 01-Oct-2007 Current
Abhay Shah Country flag representing In Whole-Time Director 01-May-2015 Current
Bakul Parekh Country flag representing In Director 01-Feb-1994 Current
Prakash Nichani Country flag representing In Director 30-Sep-1995 Current

Financial Performance of Vision Care (India).

Vision Care (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.09% increase. The company also saw a substantial improvement in profitability, with a 108.01% increase in profit. The company's net worth Soared by an impressive increase of 17.28%.

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
12.09%
Revenue from Operations
11.44%
Total Assets
24.58%
Profit or Loss
108.01%
Net Worth
17.28%
EBITDA
303.49%

What is the Ownership and Shareholding Structure of Vision Care (India)?

In 2023, Vision Care (India) 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

₹8.95 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bharat Overseas Bank Ltd. : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
18 Jun 1994 Bharat Overseas Bank Ltd. ₹8.95 M Open

How Many Employees Work at Vision Care (India)?

Vision Care (India) has a workforce of 0 employees as of Apr 10, 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 Vision Care (India), 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 Vision Care (India)'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 Vision Care (India)

Recent activity within the organization

  • Annual General Meeting

    Vision Care (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vision Care (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Bhavik Turakhia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jun 2015 & has been associated with this company since 9 years 8 months .

    01 Jun 2015

  • Director Appointment

    Abhay Dinesh Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 May 2015 & has been associated with this company since 9 years 9 months .

    01 May 2015

  • Director Appointment

    Parekh Deepa was appointed as a Director was appointed as a Director on 01 Oct 2007 & has been associated with this company since 17 years 4 months .

    01 Oct 2007

  • Charges

    A charge with Bharat Overseas Bank Ltd. of Rs. 8.95 M registered on 18 Jun 1994 with Charge ID 90302594 was modified on 21 Sep 2001.

    21 Sep 2001

Frequently asked questions

  • Vision Care (India) Private Limited was incorporated on 01 Feb 1994.

  • The authorized share capital of Vision Care (India) Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.17 M.

  • Currently 11 directors are associated with Vision Care (India) Private Limited.

    • Bakul Pratapchand Parekh
    • Prakash Nichani
    • Lomesh Navnithshi Patel
    • Turakhia Jagjivandas Rajnikant
    • Parekh Deepa
    • Ashok Nichani
    • Rakesh Patel
    • Abhay Dinesh Shah
    • Bhavik Turakhia
    • Mehul Kamlesh Gosalia
    • Yash Snehal Turakhia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vision Care (India) Private Limited is No 1 Padmanaba Nagaradyar Chennai, Tamil Nadu, India, 600020.

  • The corporate identification number (CIN) of Vision Care (India) Private Limited is U33209TN1994PTC026678 and the company number is 026678 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vision Care (India) Private Limited is https://www.visioncarechennai.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vision Care (India) Private Limited has risen by 12.09%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vision Care (India) Private Limited has experienced an upsurge of 17.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vision Care (India) Private Limited amount to ₹ 8.95 M.

  • The most recent Balance Sheet for Vision Care (India) Private Limited was filed with the ROC on 31 Mar 2023.

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