Altener Solutions (OPC) Private Limited
About Altener Solutions (OPC) Private Limited
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Altener Solutions (OPC) Private Limited is a one person company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 19 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2020OPC133519. Its GSTIN is 29AATCA4078Q1ZK (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by director Shenoy Premanand Ratnakar.
Its latest financial statements are for the year ended 31 March 2025. The registered office is at 116 Pride Hulkul Lalbagh Road, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.5 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹17.97 Lakh (net margin -143.8%) and EBITDA of -₹17.81 Lakh (EBITDA margin -142.5%). Revenue has grown at a compounded annual rate (CAGR) of 263% over three years.
Company details
Contact details
Altener Solutions (OPC) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address116 Pride Hulkul Lalbagh Road, Bangalore, Karnataka, India – 560027
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Altener Solutions (OPC) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Altener Solutions is manufacturing. In detail, this covers manufacture of motor vehicles, trailers and semi-trailers.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 29 | Manufacture of motor vehicles, trailers and semi-trailers |
To see the full business activity and turnover split of Altener Solutions (OPC) Private Limited, buy the company report.
Financials of Altener Solutions (OPC) Private Limited
FY 2025 filings availableAltener Solutions (OPC) Private Limited reported revenue of ₹12.5 Lakh (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 263% over three years, including 4% growth in the latest year. EBITDA rose 20% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹17.81 Lakh | ||||
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| Net Profit (PAT) | -₹17.97 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -142.5% | ||||
| Net Profit Margin | -143.8% | ||||
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To see the full financial statements and ratios of Altener Solutions (OPC) Private Limited, buy the company report.
Board of directors of Altener Solutions (OPC) Private Limited
Altener Solutions has 1 director on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shenoy Premanand Ratnakar Also directs: Clover Enterprises LLP, Kartel Ventures LLP, Prerana Motors Private Limited and 1 more | Director | 19 Mar 2020 | 6 Years 7 Months | Current |
Auditor
Altener Solutions (OPC) Private Limited is audited by RAMANJANEYULU B for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMANJANEYULU B | FY 2023 | 231658 |
Shareholding
The shareholding of Altener Solutions (OPC) Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public |
To see the full shareholding pattern of Altener Solutions (OPC) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Altener Solutions (OPC) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Altener Solutions (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Altener Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCA4078Q1ZK | Karnataka | Active | 15 Aug 2020 |
To see the full GST registrations and return filing status of Altener Solutions (OPC) Private Limited, buy the company report.
Recent activity
Altener Solutions (OPC) Private Limited has 1 board change on record since 2020: 1 appointment. The latest: Shenoy Premanand Ratnakar was appointed as Director on 19 Mar 2020.
Frequently asked questions
Altener Solutions is an active company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 19 March 2020 (6+ years old) and is registered under CIN U31900KA2020OPC133519.
Altener Solutions has 1 current director:
- Shenoy Premanand Ratnakar - Director
The latest financial statements of Altener Solutions on record with the MCA are for the year ended 31 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Altener Solutions is 29AATCA4078Q1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Altener Solutions is U31900KA2020OPC133519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altener Solutions was incorporated on 19 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Shenoy Premanand Ratnakar was appointed as Director on 19 Mar 2020.
The registered office of Altener Solutions is at 116 Pride Hulkul Lalbagh Road, Bangalore, Karnataka, India – 560027.
Altener Solutions operates in the automotive industry, in the auto dealership and trading segment.
Altener Solutions can be reached at its registered office: 116 Pride Hulkul Lalbagh Road, Bangalore, Karnataka, India – 560027.
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