Alteco Ventures Private Limited
About Alteco Ventures Private Limited
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Alteco Ventures Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the plastic products segment of the plastics and polymers sector. It was incorporated on 20 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25111MH2020PTC344137. Its GSTIN is 27AATCA8854G1Z1 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Fakhruddin Joeb Thanawala and Taher Joeb Thanawala.
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 Flat No 202 F Wing Sumer Castle Mill Compound Thane West, Maharashtra, India – 400601.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.32 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹28.37 Lakh (net margin 8.5%) and EBITDA of ₹41.94 Lakh (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years.
Company details
CIN history
Alteco Ventures has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25111MH2020PTC344137, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25111MH2020PTC344137 | Current |
| U01100MH2020PTC344137 | Previous |
| U74994MH2020PTC344137 | Previous |
Contact details
Alteco Ventures Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 202 F Wing Sumer Castle Mill Compound Thane West, Maharashtra, India – 400601
- IndustryPlastics, Plastic Products, Fabricated Metal Products, Rubber Products, Non-Metallic Mineral Products
To see the full contact details of Alteco Ventures 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 Alteco Ventures is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Alteco Ventures Private Limited, buy the company report.
Financials of Alteco Ventures Private Limited
FY 2024 filings availableAlteco Ventures Private Limited reported revenue of ₹3.32 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 87%. EBITDA rose 232% 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 |
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| EBITDA | ₹41.94 Lakh | |||
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| Net Profit (PAT) | ₹28.37 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 12.6% | |||
| Net Profit Margin | 8.5% | |||
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To see the full financial statements and ratios of Alteco Ventures Private Limited, buy the company report.
Board of directors of Alteco Ventures Private Limited
Alteco Ventures has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fakhruddin Joeb Thanawala Also directs: Tigi Industries India Private Limited | Director | 20 Aug 2020 | 6 Years 2 Months | Current |
| Taher Joeb Thanawala | Director | 20 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Alteco Ventures Private Limited is audited by Vishakha Patil for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishakha Patil | FY 2023 | 164624 |
Shareholding
The shareholding of Alteco Ventures Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Alteco Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Alteco 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 Alteco Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Alteco Ventures Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Alteco Ventures has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA8854G1Z1 | Maharashtra | Active | 10 Sep 2020 |
| 09AATCA8854G1ZZ | Uttar Pradesh | Active | 24 Jul 2024 |
| 29AATCA8854G1ZX | Karnataka | Active | 28 Oct 2024 |
To see the full GST registrations and return filing status of Alteco Ventures Private Limited, buy the company report.
Recent activity
Alteco Ventures Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Fakhruddin Joeb Thanawala was appointed as Director on 20 Aug 2020.
Frequently asked questions
Alteco Ventures is an active private limited company based in Thane, Maharashtra, India. The company works in plastic products, within the plastics industry. It was incorporated on 20 August 2020 (6+ years old) and is registered under CIN U25111MH2020PTC344137.
Alteco Ventures has 2 current directors:
- Fakhruddin Joeb Thanawala - Director
- Taher Joeb Thanawala - Director
The latest financial statements of Alteco 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 2021 are in the company report.
The GSTIN of Alteco Ventures is 27AATCA8854G1Z1, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09AATCA8854G1ZZ (Uttar Pradesh), 29AATCA8854G1ZX (Karnataka).
The CIN (Corporate Identification Number) of Alteco Ventures is U25111MH2020PTC344137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alteco Ventures was incorporated on 20 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Fakhruddin Joeb Thanawala was appointed as Director on 20 Aug 2020. Taher Joeb Thanawala was appointed as Director on 20 Aug 2020.
The registered office of Alteco Ventures is at Flat No 202 F Wing Sumer Castle Mill Compound Thane West, Maharashtra, India – 400601.
Alteco Ventures operates in the plastics industry, in the plastic products segment.
Alteco Ventures can be reached at its registered office: Flat No 202 F Wing Sumer Castle Mill Compound Thane West, Maharashtra, India – 400601.