Ariel Trading Private Limited
About Ariel Trading Private Limited
Data last updated:
Ariel Trading Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Reliance Infradevelopment Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 11 February 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2008PTC178783.
The company had an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Madhuram It Solutions Private Limited. It was led by directors Devang Ramanlal Desai and Sanjay P Shinde.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 502 Plot No 91/94 Prabhat Colony Santacruz (East), Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2022, the company reported a revenue of ₹48.19 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹21.93 Lakh (net margin -45.5%) and EBITDA of -₹14.93 Lakh (EBITDA margin -31%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 30% over five years.
Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹425 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹900.37 Cr; the latest was in March 2021. Its 7 peer companies in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 4 smaller; the largest is Jatin Wind Energy Private Limited with revenue of ₹51.29 Lakh.
Company details
Contact details
Ariel Trading Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address502 Plot No 91/94 Prabhat Colony Santacruz (East), Mumbai, Maharashtra, India – 400055
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Ariel Trading 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 Ariel Trading is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Ariel Trading Private Limited, buy the company report.
Financials of Ariel Trading Private Limited
FY 2022 filings availableAriel Trading Private Limited reported revenue of ₹48.19 Lakh (down 59% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 59% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA rose 100% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹48.19 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.93 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31% | ||||
| Net Profit Margin | -45.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ariel Trading Private Limited, buy the company report.
Board of directors of Ariel Trading Private Limited
Ariel Trading has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Ramanlal Desai Also directs: Rwtipl Industries Private Limited, Reliance Oneworld Limited, Roevpl Ventures Private Limited and 5 more | Director | 21 Dec 2020 | 5 Years 10 Months | As last reported |
| Sanjay P Shinde Also directs: Rwtipl Industries Private Limited, Reliance Oneworld Limited, Roevpl Ventures Private Limited and 5 more | Additional Director | 30 Nov 2022 | 3 Years 10 Months | As last reported |
Peer comparison
Ariel Trading Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jatin Wind Energy Private Limited | ₹51.29 Lakh (FY 2024) | 32.0% | Palladam, Tamil Nadu, India | |||
| Maatha Electricals Private Limited | ₹49.57 Lakh (FY 2025) | -32.0% | Bangalore, Karnataka, India | |||
| Ashnisha Power and Energy Private Limited | ₹48.42 Lakh (FY 2024) | 5.0% | Salem, Tamil Nadu, India | |||
| Ariel Trading Private Limitedthis company | ₹48.19 Lakh (FY 2022) | -₹21.93 Lakh | -45.5% | -59.0% | Mumbai, Maharashtra, India | |
| Lotus Renewable Power Private Limited | ₹47.59 Lakh (FY 2024) | -84.0% | Coimbatore, Tamil Nadu, India | |||
| Senthil Wind Power Private Limited | ₹46.58 Lakh (FY 2025) | 10.0% | Palladam, Tamil Nadu, India | |||
| Mars Wind Power Private Limited | ₹46.07 Lakh (FY 2025) | 9.0% | Madurai, Tamil Nadu, India | |||
| Abhilash Garments and Estates Private Limited | ₹45.51 Lakh (FY 2024) | 2.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ariel Trading Private Limited, buy the company report.
Auditor
Ariel Trading Private Limited is audited by Bakliwal & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bakliwal & Co. | FY 2022 | 130381W |
Shareholding
The shareholding of Ariel Trading Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ariel Trading Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2015 | 10596417 | Others | ₹425 Cr | Satisfied |
To see the full charge records of Ariel Trading Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Ariel Trading Private Limited has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹900.37 Cr; the latest was in March 2021.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: AAA Facilities Solution Private Limited Seller: Reliance Innoventures Private Limited , Rbep Entertainment Private Limited |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: AAA Facilities Solution Private Limited , Sealink Infra Technology Private Limited Seller: Ambani Enterprises Private Limited, Reliance Innoventures Private Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Seller: Rbep Entertainment Private Limited |
| Jul 2016 | Secondary share transfer | Undisclosed | Seller: Edico Ventures Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Edico Ventures Private Limited , Rbep Entertainment Private Limited Seller: Nectar Mercantile Private Limited , Reliance Innoventures Private Limited |
To see the full deal history of Ariel Trading 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
Ariel Trading Private Limited has 2 court cases on record: 2 filed by Ariel Trading. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ariel Trading 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 Ariel Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ariel Trading has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Java Green Private Limited | U15203MH2003PTC224414 | |
| Paradox Studios Limited | U92112MH2001PLC131390 |
To see the full group structure of Ariel Trading Private Limited, buy the company report.
GST
No GST registration is on our record for Ariel Trading Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ariel Trading Private Limited has 12 board changes on record since 2009: 2 appointments and 10 cessations. The latest: Sanjay P Shinde was appointed as Additional Director on 30 Nov 2022.
6 earlier events are in the company report.
Frequently asked questions
Ariel Trading has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ariel Trading was a private limited company based in Mumbai, Maharashtra, India. The company worked in power transmission and distribution services, within the energy and power industry. It was incorporated on 11 February 2008 and is registered under CIN U72200MH2008PTC178783. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ariel Trading was incorporated on 11 February 2008. It is registered with the Registrar of Companies, Mumbai.
Ariel Trading had 2 directors:
- Devang Ramanlal Desai - Director
- Sanjay P Shinde - Additional Director
The CIN (Corporate Identification Number) of Ariel Trading is U72200MH2008PTC178783. 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 Ariel Trading is at 502 Plot No 9194 Prabhat Colony Santacruz East, Mumbai, Maharashtra, India – 400055.
The latest financial statements of Ariel Trading on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
Ariel Trading operated in the energy and power industry, in the power transmission and distribution services segment.
Ariel Trading has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹900.37 Cr; the latest was in March 2021.
The peers of Ariel Trading by revenue are Jatin Wind Energy Private Limited, Maatha Electricals Private Limited, Ashnisha Power and Energy Private Limited, Lotus Renewable Power Private Limited, Senthil Wind Power Private Limited and 2 more, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Ariel Trading has 2 court cases on record: 2 filed by the company.