Abha Innovation Private Limited
About Abha Innovation Private Limited
Data last updated:
Abha Innovation Private Limited was a private limited company based in Koraput, Odisha, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 02 December 2014.
The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U74140OR2014PTC018475. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Prateek Rath (Managing Director) and Tushneek Rath.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 6th Lane Goutam Nagar Koraput, Odisha, India – 764020.
As per the financials filed for FY 2018, the company reported a revenue of ₹10.92 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹5.41 Lakh (net margin -49.6%) and EBITDA of -₹5.03 Lakh (EBITDA margin -46.1%).
Company details
Contact details
Abha Innovation Private Limited's registered office is in Koraput, Odisha.
- Registered Address6th Lane Goutam Nagar Koraput, Odisha, India – 764020
- IndustryTrading, Retailers, Retail Trading
- 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 Abha Innovation is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Abha Innovation Private Limited, buy the company report.
Financials of Abha Innovation Private Limited
FY 2018 filings availableAbha Innovation Private Limited reported revenue of ₹10.92 Lakh (down 78% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 78% in the latest year. EBITDA fell 301% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹5.03 Lakh | |||
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| Net Profit (PAT) | -₹5.41 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | -46.1% | |||
| Net Profit Margin | -49.6% | |||
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To see the full financial statements and ratios of Abha Innovation Private Limited, buy the company report.
Board of directors of Abha Innovation Private Limited
Abha Innovation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushneek Rath | Director | 19 Jun 2020 | 6 Years 4 Months | As last reported |
| Prateek Rath | Managing Director | 02 Dec 2014 | 11 Years 10 Months | As last reported |
Peer comparison
Abha Innovation Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shyamadel Agri Tech Enterprise India Private Limited | ₹10.92 Lakh (FY 2025) | -80.0% | Delhi, India | |||
| Bhagya Uday Astro Services Private Limited | ₹10.92 Lakh (FY 2025) | -69.0% | Delhi, India | |||
| Sagar Properties Pvt Ltd | ₹10.92 Lakh (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Apr Retail Mart Private Limited | ₹10.92 Lakh (FY 2017) | Patna, Bihar, India | ||||
| Amp Superbikes Private Limited | ₹10.92 Lakh (FY 2025) | 11.0% | Delhi, India | |||
| Abha Innovation Private Limitedthis company | ₹10.92 Lakh (FY 2018) | -₹5.41 Lakh | -49.6% | -78.0% | Koraput, Odisha, India | |
| Tfe Brands Private Limited | ₹10.92 Lakh (FY 2024) | -31.0% | Bangalore, Karnataka, India | |||
| Osteocare Lifesciences Private Limited | ₹10.91 Lakh (FY 2018) | 161.0% | New Delhi, Delhi, India | |||
| Labinst Technologies Private Limited | ₹10.91 Lakh (FY 2024) | Nagpur, Maharashtra, India | ||||
| Wilymed Pharmaceuticals Private Limited | ₹10.91 Lakh (FY 2024) | 70.0% | Gurugram, Haryana, India | |||
| Devrity Trading Private Limited | ₹10.91 Lakh (FY 2023) | -73.0% | New Delhi, Delhi, India |
To see the full peer comparison of Abha Innovation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Abha Innovation 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 Abha Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Abha Innovation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Abha Innovation Private Limited, buy the company report.
Recent activity
Abha Innovation Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Sophiya Dash ceased to be Director on 13 Jul 2020.
Frequently asked questions
Abha Innovation has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Abha Innovation was a private limited company based in Koraput, Odisha, India. The company worked in retailers, within the trading industry. It was incorporated on 02 December 2014 and is registered under CIN U74140OR2014PTC018475. The company has been struck off by the Registrar of Companies and is no longer operational.
Abha Innovation had 2 directors:
- Prateek Rath - Managing Director
- Tushneek Rath - Director
The CIN (Corporate Identification Number) of Abha Innovation is U74140OR2014PTC018475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Abha Innovation is at 6th Lane Goutam Nagar Koraput, Odisha, India – 764020.
Abha Innovation was incorporated on 02 December 2014. It is registered with the Registrar of Companies, Cuttack.
The latest financial statements of Abha Innovation on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Abha Innovation has 1 GST registration on record and it is cancelled or inactive.
Abha Innovation operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of Abha Innovation by revenue are Shyamadel Agri Tech Enterprise India Private Limited, Bhagya Uday Astro Services Private Limited, Sagar Properties Pvt Ltd, Apr Retail Mart Private Limited, Amp Superbikes Private Limited and 5 more, all in the same principal business activity (retail trading).
Sophiya Dash ceased to be Director on 13 Jul 2020. Tushneek Rath was appointed as Director on 19 Jun 2020. Prateek Rath was appointed as Managing Director on 02 Dec 2014.