Athanas Enterprise Private Limited
About Athanas Enterprise Private Limited
Data last updated:
Athanas Enterprise Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the investment banking and advisory segment of the financial services sector. It was incorporated on 09 July 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2013PTC075961. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹27 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors including Arjun Sushilkumar Handa (Managing Director) and Nirav Vinodchandra Mehta.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2017, the company reported a revenue of ₹69.42 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹86.76 Cr (net margin 125%) and EBITDA of -₹39.16 Cr (EBITDA margin -56.4%).
Its group structure included 6 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹3,156.7 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Athanas Enterprise Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9th Floor Claris Corporate Headquarters Near Parimal Railway Crossing Ellisbrid, Ge, Ahmedabad, Gujarat, India – 380006
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Athanas Enterprise 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 Athanas Enterprise Private Limited
FY 2017 filings availableAthanas Enterprise Private Limited reported revenue of ₹69.42 Cr (down 61% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year. EBITDA rose 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹39.16 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹86.76 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -56.4% | ||
| Net Profit Margin | 125% | ||
| 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 Athanas Enterprise Private Limited, buy the company report.
Board of directors and KMP of Athanas Enterprise Private Limited
Athanas Enterprise Private Limited currently reports 4 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Vinodchandra Mehta Also directs: Ticmarc Fintech Systems Private Limited | Director | 30 Dec 2014 | 11 Years 10 Months | As last reported |
| Arjun Sushilkumar Handa Also directs: Prarishodhana Consultancy LLP, Akhilesh Venture Holdings LLP, Eldoro Infra-Tech LLP and 5 more | Managing Director | 09 Jul 2013 | 13 Years 3 Months | As last reported |
| Milina Purnendu Bose Also directs: Claris Limited | Additional Director | 30 Jun 2018 | 8 Years 4 Months | As last reported |
| Bindi Shah Also directs: Pluga Pumps and Motors Private Limited | Company Secretary | 30 Jun 2018 | 8 Years 4 Months | As last reported |
| Kamalkant Satyapal Gupta Also directs: Pancard Clubs Limited, Propvesta Real Estate Private Limited | Director | 29 Oct 2016 | 10 Years 0 Months | As last reported |
Peer comparison
Athanas Enterprise Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Investment Banking), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Axykno Capital Services Private Limited | ₹76.87 Cr (FY 2025) | -1.0% | Nagpur, Maharashtra, India | |||
| Narayani Pratisthan Private Limited | ₹74.96 Cr (FY 2019) | -22.0% | Domjur, West Bengal, India | |||
| Way2wealth Securities Private Limited | ₹73.65 Cr (FY 2022) | 8.0% | Bangalore, Karnataka, India | |||
| VBJ Diamonds Capital Private Limited | ₹71.6 Cr (FY 2023) | 4.0% | Chennai, Tamil Nadu, India | |||
| Tamboli Industries Limited | ₹70.3 Cr (FY 2025) | -8.0% | Bhavnagar, Gujarat, India | |||
| Athanas Enterprise Private Limitedthis company | ₹69.42 Cr (FY 2017) | ₹86.76 Cr | 125% | -61.0% | Ahmedabad, Gujarat, India | |
| Mags Finvest Private Limited | ₹64.37 Cr (FY 2024) | 109.0% | Mumbai, Maharashtra, India | |||
| Virtuous Finance Private Limited | ₹63.12 Cr (FY 2017) | 9.0% | Mumbai, Maharashtra, India | |||
| Anand Rathi Advisors Limited | ₹56.03 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| New Berry Advisors Limited | ₹52.97 Cr (FY 2024) | 461.0% | Mumbai, Maharashtra, India | |||
| Nartaka Fabrications Private Limited | ₹51.85 Cr (FY 2017) | 32.0% | New Delhi, Delhi, India |
To see the full peer comparison of Athanas Enterprise Private Limited, buy the company report.
Auditor
Athanas Enterprise Private Limited is audited by SHAH & SHAH ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & SHAH ASSOCIATES | FY 2015 | 113742W |
Shareholding
The shareholding of Athanas Enterprise Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Athanas Enterprise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2018 | 100150244 | Others | ₹1,645 Cr | Satisfied | |
| 29 Jan 2018 | 100150254 | Others | ₹250 Cr | Satisfied | |
| 29 Jan 2018 | 100158221 | Others | ₹205 Cr | Satisfied | |
| 29 Jan 2018 | 100152059 | Others | ₹230 Cr | Satisfied | |
| 29 Jan 2018 | 100150257 | Others | ₹826.7 Cr | Satisfied |
To see the full charge records of Athanas Enterprise Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Athanas Enterprise Private Limited has 2 court cases on record: 2 filed by Athanas Enterprise. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Athanas Enterprise 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 Athanas Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Athanas Enterprise has 6 subsidiary companies and 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Claris Lifesciences Limited | L85110GJ1994PLC022543 | |
| Ogen Nutrition Limited | U24230GJ2004PLC045046 | |
| Claris Injectables Limited | U24230GJ2005PLC046211 | |
| Claris Infrastructure Limited | U45202GJ2007PLC050061 | |
| Claris Capital Limted | U65923GJ2015PLC083414 | |
| Icubix Infotech Limited | U93090GJ2000PLC038446 |
To see the full group structure of Athanas Enterprise Private Limited, buy the company report.
GST
Athanas Enterprise 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 Athanas Enterprise Private Limited, buy the company report.
Recent activity
Athanas Enterprise Private Limited has 9 board changes on record since 2013: 5 appointments and 4 cessations. The latest: Arjun Sushilkumar Handa ceased to be Director on 30 Jun 2018.
11 earlier events are in the company report.
Frequently asked questions
Athanas Enterprise 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.
Athanas Enterprise was a private limited company based in Ahmedabad, Gujarat, India. The company worked in investment banking and advisory, within the financial services industry. It was incorporated on 09 July 2013 and is registered under CIN U51909GJ2013PTC075961. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Athanas Enterprise was incorporated on 09 July 2013. It is registered with the Registrar of Companies, Ahmedabad.
Athanas Enterprise had 5 directors and KMP:
- Arjun Sushilkumar Handa - Managing Director
- Nirav Vinodchandra Mehta - Director
- Milina Purnendu Bose - Additional Director
- Kamalkant Satyapal Gupta - Director
- Bindi Shah - Company Secretary
The CIN (Corporate Identification Number) of Athanas Enterprise is U51909GJ2013PTC075961. 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 Athanas Enterprise is at 9th Floor Claris Corporate Headquarters Near Parimal Railway Crossing Ellisbrid, Ge, Ahmedabad, Gujarat, India – 380006.
The latest financial statements of Athanas Enterprise on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Athanas Enterprise has 1 GST registration on record and it is cancelled or inactive.
Athanas Enterprise operated in the financial services industry, in the investment banking and advisory segment.
The peers of Athanas Enterprise by revenue are Axykno Capital Services Private Limited, Narayani Pratisthan Private Limited, Way2wealth Securities Private Limited, VBJ Diamonds Capital Private Limited, Tamboli Industries Limited and 5 more, all in the BFSI industry (Investment Banking).
Athanas Enterprise has 2 court cases on record: 2 filed by the company.
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