Adhar Project Management & Consultancy Private Limited
About Adhar Project Management & Consultancy Private Limited
Data last updated:
Adhar Project Management & Consultancy Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 June 2008.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2008PTC183430. Its GSTIN is 27AAHCA1962F1ZS (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Basantkumar Vijaysingh Varma and Ganesh Atmaram Pawde.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹218.78 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹232.54 Cr (net margin 106.3%) and EBITDA of ₹232.54 Cr (EBITDA margin 106.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over five years.
As per MCA filings, the company has open charges of ₹921.44 Cr and satisfied charges of ₹141 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹53.28 Cr; the latest was in April 2019.
Company details
Contact details
Adhar Project Management & Consultancy Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop 16 Floor – 1 Plot – 8 Khatau Building, Alkesh Dinesh Modi Road Bombay Stock Exchange Fort, Mumbai, Maharashtra, India – 400001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Adhar Project Management & Consultancy 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
Financials of Adhar Project Management & Consultancy Private Limited
FY 2024 filings availableAdhar Project Management & Consultancy Private Limited reported revenue of ₹218.78 Cr (up 81029088% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years. EBITDA rose 969% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹232.54 Cr | ||||
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| Net Profit (PAT) | ₹232.54 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 106.3% | ||||
| Net Profit Margin | 106.3% | ||||
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To see the full financial statements and ratios of Adhar Project Management & Consultancy Private Limited, buy the company report.
Board of directors of Adhar Project Management & Consultancy Private Limited
Adhar Project Management & Consultancy has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basantkumar Vijaysingh Varma | Director | 22 Jan 2020 | 6 Years 9 Months | As last reported |
| Ganesh Atmaram Pawde | Director | 08 Dec 2021 | 4 Years 10 Months | As last reported |
Auditor
Adhar Project Management & Consultancy Private Limited is audited by M/s Vijay Yadav and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s Vijay Yadav and Co. | FY 2023 | 152132W |
Shareholding
The shareholding of Adhar Project Management & Consultancy 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adhar Project Management & Consultancy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2019 | 100265321 | Others | ₹100 Cr | Open | |
| 15 Feb 2019 | 100257894 | Others | ₹20 Cr | Open | |
| 07 Jan 2019 | 100243488 | Others | ₹25.2 Lakh | Open | |
| 30 Oct 2018 | 100232406 | Others | ₹95 Cr | Open | |
| 28 Sep 2018 | 100236360 | Others | ₹39.91 Cr | Open |
To see the full charge records of Adhar Project Management & Consultancy Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Adhar Project Management & Consultancy Private Limited has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹53.28 Cr; the latest was in April 2019.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Reliance Alpha Services Private Limited Seller: Reliance Capital Ltd |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Reliance Alpha Services Private Limited, Reliance Capital Ltd , Reliance Financial Advisory Services Private Limited Seller: Reliance Entertainment Networks Private Limited , Reliance Entertainment Networks Limited & Yogesh Deshpande, Reliance Entertainment Networks Limited & V R Mohan |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: Reliance Entertainment Networks Limited & V R Mohan, Reliance Entertainment Networks Private Limited , Reliance Entertainment Networks Limited & Surendra Pipara Seller: 2 individuals |
To see the full deal history of Adhar Project Management & Consultancy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adhar Project Management & Consultancy Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by Securities and Exchange Board of India | Pending |
To see the full case history of Adhar Project Management & Consultancy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adhar Project Management & Consultancy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adhar Project Management & Consultancy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA1962F1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adhar Project Management & Consultancy Private Limited, buy the company report.
Recent activity
Adhar Project Management & Consultancy Private Limited has 16 board changes on record since 2009: 2 appointments and 14 cessations. The latest: Ganesh Atmaram Pawde was appointed as Director on 08 Dec 2021.
27 earlier events are in the company report.
Frequently asked questions
Adhar Project Management & Consultancy is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Adhar Project Management & Consultancy is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 June 2008 and is registered under CIN U74140MH2008PTC183430. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Adhar Project Management & Consultancy has 2 current directors:
- Basantkumar Vijaysingh Varma - Director
- Ganesh Atmaram Pawde - Director
The latest financial statements of Adhar Project Management & Consultancy 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 CIN (Corporate Identification Number) of Adhar Project Management & Consultancy is U74140MH2008PTC183430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adhar Project Management & Consultancy has open charges of ₹921.44 Cr and satisfied charges of ₹141 Cr as per latest MCA filings.
Adhar Project Management & Consultancy has 2 court cases on record: 2 filed against it. 2 are pending.
Adhar Project Management & Consultancy was incorporated on 11 June 2008. It is registered with the Registrar of Companies, Mumbai.
Adhar Project Management & Consultancy has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹53.28 Cr; the latest was in April 2019.
Ganesh Atmaram Pawde was appointed as Director on 08 Dec 2021. Sachin Seth ceased to be Additional Director on 08 Dec 2021. Ganesh Atmaram Pawde ceased to be Director on 08 Feb 2021. Adhar Project Management & Consultancy has 16 board changes on record in total.
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