Apave Tiv India Private Limited

Apave Tiv India Private Limited - travel and hospitality in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U45200MH1975PTC018269 Incorporated 03 April 1975 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company travel and hospitality MSME · Small
Data last updated
Revenue · FY 2024
₹22.89 Cr
▲ 13% YoY
Net profit · FY 2024
₹1.65 Cr
Net margin 7.2%
EBITDA · FY 2024
₹2.39 Cr
EBITDA margin 10.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.08 Lakh
Issued & subscribed
Company age
51 yrs
Est. 1975
Employees · EPFO
69
Provident fund records
Directors on board
2
As per MCA filings

About Apave Tiv India Private Limited

Data last updated:

Apave Tiv India Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Absg Consulting Inc.. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 03 April 1975 and has been in existence for over 51 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1975PTC018269. Its GSTIN is 27AAACA4632R1ZD (Maharashtra). The company holds 5 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.08 Lakh. It was formerly known as Abs Industrial Verification (India) Private Limited. It is led by directors Nilay Kumar Ball and Shijukumar.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 15, Thane, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹22.89 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.65 Cr (net margin 7.2%) and EBITDA of ₹2.39 Cr (EBITDA margin 10.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.

The company has about 69 employees on its provident fund (EPFO) records.

Court records list 3 cases involving the company, including 3 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.82 Cr; the latest was in May 2020.

Apave Tiv India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0075572). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abs-group.com.

Company details

CIN U45200MH1975PTC018269
Registration Number 018269
Incorporation Date 03 April 1975
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Absg Consulting Inc.
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0075572

Recognitions & Rankings of Apave Tiv India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0075572

Contact details

Apave Tiv India Private Limited's registered office is in Thane, Maharashtra. Its website is abs-group.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No. 601 And 602 Lakhani Centrium 6th Floor, Plot No 27 Sector 15 CBD Belapur, Thane, Maharashtra, India – 400614
  • Industry
    Travel and Hospitality, Consumer Professional Services

To see the full contact details of Apave Tiv India Private Limited, buy the company report.

Comprehensive company report
Apave Tiv India Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Apave Tiv India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Apave Tiv India Private Limited, buy the company report.

Financials of Apave Tiv India Private Limited

FY 2024 filings available

Apave Tiv India Private Limited reported revenue of ₹22.89 Cr (up 13% YoY) for FY 2024.

Revenue · FY 2024
₹22.89 Cr ▲ 13%
Net profit · FY 2024
₹1.65 Cr margin 7.2%
EBITDA · FY 2024
₹2.39 Cr margin 10.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 3%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▲ 9%
5 years · compounded
▲ 6%

Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 84% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.39 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.65 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.4%
Net Profit Margin7.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Apave Tiv India Private Limited, buy the company report.

Board of directors of Apave Tiv India Private Limited

Apave Tiv India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nilay Kumar BallDirector30 Sep 20242 Years 1 MonthsCurrent
ShijukumarDirector04 Mar 20242 Years 8 MonthsCurrent

Auditor

Apave Tiv India Private Limited is audited by M J MANGE & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M J MANGE & ASSOCIATESFY 20230142181W

Shareholding

The shareholding of Apave Tiv India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Apave Tiv India Private Limited, buy the company report.

Deals & funding

Apave Tiv India Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.82 Cr; the latest was in May 2020.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹1.82 Cr

Deals on record (3 of 3)

WhenDealAmountParties
May 2020Secondary share transferUndisclosedBuyer: ABSG Consulting Inc
Seller: 4 individuals
Mar 2011Secondary share transferUndisclosedBuyer: ABSG Consulting Inc
Seller: ABS Industrial Verification Inc
May 2010Funding round₹1.82 CrInvestors: ABSG Consulting Inc

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Apave Tiv India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Apave Tiv India Private Limited has a workforce of 69 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
69
Active EPFO establishments
1
Employee growth
35.29%

GST

Apave Tiv India has 5 GST registrations: 3 active and 2 cancelled or inactive.

Total GSTINs
5
Active
3
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAACA4632R1ZDMaharashtraActive01 Jul 2017
29AAACA4632R1Z9KarnatakaActive15 Jul 2017
09AAACA4632R1ZBUttar PradeshActive05 Dec 2017

To see the full GST registrations and return filing status of Apave Tiv India Private Limited, buy the company report.

Recent activity

Apave Tiv India Private Limited has 22 board changes on record since 1996: 12 appointments and 10 cessations. The latest: Gary Graham ceased to be Director on 28 Jan 2025.

Ceased
Gary Graham ceased to be Director.
Ceased
Nikola Odin ceased to be Director.
AGM
Apave Tiv India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Nilay Kumar Ball was appointed as Director.
Filing
Apave Tiv India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Vijay Vinayak Deo ceased to be Director.
Appointed
Shijukumar was appointed as Director.
Appointed
Nikola Odin was appointed as Director.
Ceased
Ravinder Singhania ceased to be Additional Director.
Appointed
Vijay Vinayak Deo was appointed as Director.
Ceased
Rudra Shankar Srivastava ceased to be Director.
Ceased
George Mathew ceased to be Director.

13 earlier events are in the company report.

Frequently asked questions

Apave Tiv India is an active private limited company based in Thane, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 03 April 1975 (51+ years old) and is registered under CIN U45200MH1975PTC018269.

Apave Tiv India has 2 current directors:

The latest financial statements of Apave Tiv India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Apave Tiv India is 27AAACA4632R1ZD, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACA4632R1Z9 (Karnataka), 09AAACA4632R1ZB (Uttar Pradesh).

The CIN (Corporate Identification Number) of Apave Tiv India is U45200MH1975PTC018269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Apave Tiv India has 3 court cases on record: 3 filed against it. Most are in the district courts.

Apave Tiv India was incorporated on 03 April 1975, making it 51+ years old. It is registered with the Registrar of Companies, Mumbai.

Apave Tiv India has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.82 Cr; the latest was in May 2020.

Gary Graham ceased to be Director on 28 Jan 2025. Nikola Odin ceased to be Director on 03 Oct 2024. Nilay Kumar Ball was appointed as Director on 30 Sep 2024. Apave Tiv India has 22 board changes on record in total.

Yes, Apave Tiv India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0075572).