About Atharva Metals Private Limited
Data last updated:
Atharva Metals Private Limited is a private limited company based in Thane, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 November 2015.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2015PTC269756. Its GSTIN is 27AANCA9119Q1ZU (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.1 Lakh. It is led by directors Sameer Jage Sham and Patil S Manohar.
Its last annual general meeting (AGM) was held on 13 January 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹41.09 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹13.34 Lakh (net margin 0.3%) and EBITDA of ₹1.09 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
As per MCA filings, the company has open charges of ₹6.26 Cr on record. Court records list 48 cases involving the company, including 48 filed against it; 28 cases are pending.
The last known website on record is atharvasteel.com.
Company details
Contact details
Atharva Metals Private Limited's registered office is in Thane, Maharashtra. Its website is atharvasteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address102 A – Wing Bonzer Avenue Chs Katrap Road Near Hatti Bungalow & Old Petrol Pump Badlap, Ur East, Thane, Maharashtra, India – 421503
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Atharva Metals 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 Atharva Metals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Atharva Metals Private Limited, buy the company report.
Financials of Atharva Metals Private Limited
FY 2020 filings availableAtharva Metals Private Limited reported revenue of ₹41.09 Cr (down 58% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 67% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹41.09 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.34 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Atharva Metals Private Limited, buy the company report.
Board of directors of Atharva Metals Private Limited
Atharva Metals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Jage Sham | Director | 01 Nov 2015 | 10 Years 11 Months | As last reported |
| Patil S Manohar | Director | 01 Nov 2015 | 10 Years 11 Months | As last reported |
Auditor
Atharva Metals Private Limited is audited by VASOYA THUMAR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASOYA THUMAR & ASSOCIATES | FY 2020 | 128041W |
Shareholding
The shareholding of Atharva Metals Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Atharva Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2017 | 100114924 | Others | ₹5.26 Cr | Open | |
| 29 Sep 2016 | 100054467 | Others | ₹1 Cr | Open |
To see the full charge records of Atharva Metals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Atharva Metals Private Limited has 48 court cases on record: 48 filed against it. 28 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 47 | 28 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by M/S.True Ispat LLP Through Sanjay Bansal | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by M/S Vinfab Engineers India Private Limited | Pending |
| District court, Jalgaon, Maharashtra | Civil suit | Filed against the company by Jain Irrigation Systems Ltd | Pending |
| District court, Akola, Maharashtra | Civil suit | Filed against the company by M/S. Vikram Coils Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Icici Home Finance Co.Ltd Through Jitesh Moreshwar Sawant | Disposed |
To see the full case history of Atharva Metals 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 Atharva Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Atharva Metals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA9119Q1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Atharva Metals Private Limited, buy the company report.
Recent activity
Atharva Metals Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Patil S Manohar was appointed as Director on 01 Nov 2015.
Frequently asked questions
Atharva Metals is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Atharva Metals is a company under liquidation, formerly operating as a private limited company based in Thane, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 November 2015 and is registered under CIN U74900MH2015PTC269756. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Atharva Metals has 2 current directors:
- Sameer Jage Sham - Director
- Patil S Manohar - Director
The latest financial statements of Atharva Metals on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 13 January 2021. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Atharva Metals is U74900MH2015PTC269756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atharva Metals has open charges of ₹6.26 Cr and no satisfied charges on record as per latest MCA filings.
Atharva Metals has 48 court cases on record: 48 filed against it. 28 are pending. Most are in the district courts.
Atharva Metals was incorporated on 01 November 2015. It is registered with the Registrar of Companies, Mumbai.
Patil S Manohar was appointed as Director on 01 Nov 2015. Sameer Jage Sham was appointed as Director on 01 Nov 2015.
Atharva Metals can be reached through the website atharvasteel.com. Its registered office is in Thane, Maharashtra, India.