West Coast Opticable Limited

Manufactures optical fiber cables with a capacity of 15,000Km per year, incorporated in 2017.

2017 | Mysore, Karnataka (India) | Active
Last Updated: November 16, 2024

West Coast Opticable Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 7 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 8.25 Cr
  • Revenue Growth -15.25%
  • Profit Growth -64.00%
  • Ebitda -42.91%
  • Net Worth 40.34%
  • Total Assets -25.67%

About West Coast Opticable

West Coast Opticable Limited (WCOL) is a Public Limited Indian Non-Government Company incorporated in India on 12 December 2017 (Seven years and two months 12 days old ). Its registered office is in Mysore, Karnataka, India.

The Company is engaged in the Manufacturing 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 0.50 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹8.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at West Coast Opticable Limited India is Vikash Khetan as COMPANY SECRETARY. Virendraa Bangur, Rajesh Bothra, Pramod Srivastava, and One other member serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    westcoastopticable.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32309KA2017PLC108600

  • Company No.

    108600

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 2017

  • Date of AGM

    03 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at West Coast Opticable?

Executive Team (1)

NameDesignationAppointment DateStatus
Vikash Khetan Company Secretary06-Nov-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Virendraa Bangur Country flag representing In Director 18-Mar-2020Current
Rajesh Bothra Country flag representing In Director 12-Dec-2017Current
Pramod Srivastava Country flag representing In Whole-Time Director 16-Sep-2022Current
Sunil Agarwal Country flag representing In Director 01-Aug-2022Current

Financial Performance of West Coast Opticable.

West Coast Opticable Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.25% decrease. The company also saw a substantial fall in profitability, with a 64% decrease in profit. The company's net worth Soared by an impressive increase of 40.34%.

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
-15.25%
Revenue from Operations
-15.14%
Total Assets
-25.67%
Profit or Loss
-64.00%
Net Worth
40.34%
EBITDA
-42.91%

What is the Ownership and Shareholding Structure of West Coast Opticable?

In 2023, West Coast Opticable 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

₹300.00 M

Satisfied Charges

₹82.50 M

Charges Breakdown by Lending Institutions

  • Others : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Apr 2024Others₹15.00 CrOpen
03 Dec 2021Others₹10.50 CrOpen
03 Dec 2021Others₹4.50 CrOpen
04 Jul 2019Yes Bank Limited₹8.25 CrSatisfied

How Many Employees Work at West Coast Opticable?

West Coast Opticable has a workforce of 14 employees as of Apr 09, 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 West Coast Opticable, 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 West Coast Opticable'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 West Coast Opticable

Recent activity within the organization

  • Director Appointment

    Vikash Kumar Khetan was appointed as a Company Secretary was appointed as a Company Secretary on 06 Nov 2024 & has been associated with this company since 3 months 17 days .

    06 Nov 2024

  • Annual General Meeting

    West Coast Opticable Limited last Annual general meeting of members was held on 03 Jul 2024 as per latest MCA records.

    03 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 150.00 M with Charge ID 100915336 was registered on 24 Apr 2024.

    24 Apr 2024

  • Balance Sheet

    West Coast Opticable Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 105.00 M registered on 03 Dec 2021 with Charge ID 100511596 was modified on 20 Jun 2023.

    20 Jun 2023

  • Director Appointment

    Pramod Kumar Srivastava was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 Sep 2022 & has been associated with this company since 2 years 5 months .

    16 Sep 2022

Frequently asked questions

  • West Coast Opticable Limited was incorporated on 12 Dec 2017.

  • The authorized share capital of West Coast Opticable Limited is ₹ 0.50 M and paid-up capital is ₹ 0.20 M.

  • Currently 5 directors are associated with West Coast Opticable Limited.

    • Virendraa Bangur
    • Rajesh Bothra
    • Pramod Kumar Srivastava
    • Sunil Kumar Agarwal
    • Vikash Kumar Khetan
  • As per Ministry of Corporate Affairs (Mca), the registered address of West Coast Opticable Limited is Plot No.386 387 North Wing Kiadb Electronics City, Hebbal Industrial Area India, Mysore, Karnataka, 570016.

  • The corporate identification number (CIN) of West Coast Opticable Limited is U32309KA2017PLC108600 and the company number is 108600 as per Ministry of Corporate Affairs (MCA).

  • The Official website of West Coast Opticable Limited is https://www.westcoastopticable.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for West Coast Opticable Limited has fallen by -15.25%.

  • As Per 2023 financial reports, 14 employees are currently employed by West Coast Opticable Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of West Coast Opticable Limited has experienced an upsurge of 40.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for West Coast Opticable Limited amount to ₹ 30.00 Cr.

  • The most recent Balance Sheet for West Coast Opticable Limited was filed with the ROC on 31 Mar 2024.

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