DPIIT recognised startup Government of India
Startup India
Ababeel Ventures Private Limited
Ababeel Ventures Private Limited - business services in Srinagar, Jammu And Kashmir, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹9.6 Lakh
▼ 85% YoY
Net profit · FY 2022
₹26,919
Net margin 2.8%
EBITDA · FY 2022
₹1.61 Lakh
EBITDA margin 16.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹21.8 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Ababeel Ventures Private Limited
Data last updated:
Ababeel Ventures Private Limited is a private limited company based in Srinagar, Jammu And Kashmir, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 07 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U74999JK2017PTC010104. Its GSTIN is 01AAQCA0096B1Z6 (Jammu and Kashmir).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Uzair Altaf Wafai (Managing Director) and Riyaz Ahmad Mufti.
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 House No. 1 Opposite Hostel Degree College Usman Abad Bemina, Srinagar, Jammu and Kashmir, India – 190018.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.6 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹26,919 (net margin 2.8%) and EBITDA of ₹1.61 Lakh (EBITDA margin 16.8%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
As per MCA filings, the company has open charges of ₹21.8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999JK2017PTC010104
Registration Number 010104
Incorporation Date 07 September 2017
ROC Jammu
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Ababeel Ventures
Contact details
Ababeel Ventures Private Limited's registered office is in Srinagar, Jammu And Kashmir. Its e-mail address is in the company report.
- Email
- Registered AddressHouse No. 1 Opposite Hostel Degree College Usman Abad Bemina, Srinagar, Jammu and Kashmir, India – 190018
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Ababeel Ventures Private Limited, buy the company report.
Comprehensive company report
Ababeel Ventures 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ababeel Ventures is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Ababeel Ventures Private Limited
FY 2024 filings availableAbabeel Ventures Private Limited reported revenue of ₹9.6 Lakh (down 85% YoY) for FY 2022.
Revenue · FY 2022
₹9.6 Lakh ▼ 85%
Net profit · FY 2022
₹26,919 margin 2.8%
EBITDA · FY 2022
₹1.61 Lakh margin 16.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 43%
EBITDA CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 64%
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 85% fall in the latest year. EBITDA fell 97% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹9.6 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26,919 | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.8% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 Ababeel Ventures Private Limited, buy the company report.
Board of directors of Ababeel Ventures Private Limited
Ababeel Ventures has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riyaz Ahmad Mufti | Additional Director | 24 Jan 2019 | 7 Years 9 Months | Current |
| Uzair Altaf Wafai | Managing Director | 07 Sep 2017 | 9 Years 1 Months | Current |
Charges & borrowings
Open charges
₹21.8 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2020 | 100390146 | The Jammu and Kashmir Bank Limited | ₹16 Lakh | Open | |
| 26 Aug 2020 | 100390531 | The Jammu and Kashmir Bank Limited | ₹5.8 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ababeel Ventures 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 Ababeel Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ababeel Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AAQCA0096B1Z6 | Jammu and Kashmir | Active | 05 Jul 2018 |
To see the full GST registrations and return filing status of Ababeel Ventures Private Limited, buy the company report.
Recent activity
Ababeel Ventures Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Asif Iqbal Rawloo ceased to be Director on 24 Jan 2019.
AGM
Ababeel Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ababeel Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jammu.
Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 16.00 Lakh with Charge ID 100390146 was registered on 29 Oct 2020.
Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 5.80 Lakh with Charge ID 100390531 was registered on 26 Aug 2020.
Ceased
Asif Iqbal Rawloo ceased to be Director.
Appointed
Riyaz Ahmad Mufti was appointed as Additional Director.
Appointed
Uzair Altaf Wafai was appointed as Managing Director.
Incorporation
07 Sep 2017
Ababeel Ventures Private Limited was registered on 07 Sep 2017 with Roc Jammu & aged 9 years 1 month as per MCA records.
Frequently asked questions
Ababeel Ventures is an active private limited company based in Srinagar, Jammu And Kashmir, India. The company works in other services, within the business services industry. It was incorporated on 07 September 2017 (9+ years old) and is registered under CIN U74999JK2017PTC010104.
Ababeel Ventures has 2 current directors:
- Uzair Altaf Wafai - Managing Director
- Riyaz Ahmad Mufti - Additional Director
The latest financial statements of Ababeel Ventures 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 FY 2018 are in the company report.
The GSTIN of Ababeel Ventures is 01AAQCA0096B1Z6, registered in Jammu and Kashmir.
The CIN (Corporate Identification Number) of Ababeel Ventures is U74999JK2017PTC010104. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ababeel Ventures was incorporated on 07 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jammu.
Asif Iqbal Rawloo ceased to be Director on 24 Jan 2019. Riyaz Ahmad Mufti was appointed as Additional Director on 24 Jan 2019. Uzair Altaf Wafai was appointed as Managing Director on 07 Sep 2017.
Yes, Ababeel Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Ababeel Ventures is at House No. 1 Opposite Hostel Degree College Usman Abad Bemina, Srinagar, Jammu and Kashmir, India – 190018.
Ababeel Ventures operates in the business services industry, in the other services segment.