Atharvan Minerals Private Limited
About Atharvan Minerals Private Limited
Data last updated:
Atharvan Minerals Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 28 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23100MH2019PTC320281. Its GSTIN is 27ABBCS5016R1ZW (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Spartacus Industries Private Limited. It is led by directors Anant Balkrishna Khadkekar and Sharad Liladharrao Dandavate.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.62 Cr, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹11.54 Lakh (net margin -7.1%) and EBITDA of ₹56.23 Lakh (EBITDA margin 34.6%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 69% over five years.
As per MCA filings, the company has open charges of ₹2.79 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 1 case is pending.
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- Registered AddressOffice No. C – 617 Steel Chamber Kalamboli Office & Business Premises Chs, Plot 514, Navi Mumbai, Maharashtra, India – 410218
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Atharvan Minerals Private Limited
The main business activity of Atharvan Minerals is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Atharvan Minerals Private Limited FY 2025 filings available
Atharvan Minerals Private Limited reported revenue of ₹1.62 Cr (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Atharvan Minerals Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years, including a 98% fall in the latest year. EBITDA fell 62% 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 of Atharvan Minerals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹56.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.54 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 of Atharvan Minerals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Atharvan Minerals are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Atharvan Minerals Private Limited
Atharvan Minerals Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arsh Alloys and Metals Private Limited | ₹1.64 Cr (FY 2025) | •••• | •••• | -84.0% | •••• | Bhavnagar, Gujarat, India |
| Dhinjendar Sales Pvt.Ltd. | ₹1.64 Cr (FY 2025) | •••• | •••• | 317.0% | •••• | Kolkata, West Bengal, India |
| Ferrometl Resources Private Limited | ₹1.64 Cr (FY 2024) | •••• | •••• | 82.0% | •••• | Kolkata, West Bengal, India |
| Wahi Sons Automotive Private Limited | ₹1.64 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Shrilekha Trading Private Limited | ₹1.62 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Atharvan Minerals Private Limited this company | ₹1.62 Cr (FY 2025) | •••• | •••• | -98.0% | •••• | Navi Mumbai, Maharashtra, India |
| Sanhita Vanijya Pvt Ltd | ₹1.61 Cr (FY 2025) | •••• | •••• | 310.0% | •••• | Kolkata, West Bengal, India |
| Vanshika Metal Industries Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Ahmedabad, Gujarat, India |
| Sudsons Pvt Ltd | ₹1.6 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Kolkata, West Bengal, India |
| North Wind Exim Private Limited | ₹1.6 Cr (FY 2022) | •••• | •••• | -49.0% | •••• | Ahmedabad, Gujarat, India |
| Aadiyogi Minerals Private Limited | ₹1.6 Cr (FY 2021) | •••• | •••• | -42.0% | •••• | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Atharvan Minerals by revenue in the Metals and Minerals industry (Metal Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Atharvan Minerals Private Limited
Atharvan Minerals Private Limited is audited by Motilal & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Motilal & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Atharvan Minerals Private Limited
Atharvan Minerals has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anant Balkrishna Khadkekar | Director | 14 Jan 2022 | 4 Years 8 Months | Current |
| Sharad Liladharrao Dandavate | Director | 10 May 2024 | 2 Years 4 Months | Current |
Ownership and Shareholding of Atharvan Minerals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Atharvan Minerals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2022 | Axis Bank Limited | ₹45 Lakh | Open |
| 06 Jun 2022 | Axis Bank Limited | ₹1.41 Cr | Open |
| 31 Dec 2021 | Axis Bank Limited | ₹34.56 Lakh | Open |
| 25 Nov 2020 | Hdfc Bank Limited | ₹57.9 Lakh | Open |
Total charge records: 4 View all charges
Legal Cases of Atharvan Minerals Private Limited
Atharvan Minerals Private Limited has 9 court cases on record: 6 filed by Atharvan Minerals, 3 filed against it. 1 case is pending and 8 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 4 | 3 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Orient Abrasives Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Orient Abrasive Limited | Disposed |
| Bombay High Court | Court case (AO) | Filed by the company against Orient Abrasive Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Orient Abrasives Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Orient Abrasives Limited | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Atharvan Minerals Private Limited
Employment history and EPFO contributions of people linked to Atharvan Minerals.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Atharvan Minerals Private Limited
Atharvan Minerals has one previous CIN (Corporate Identification Number): U51909MH2019PTC320281. The current CIN is U23100MH2019PTC320281, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23100MH2019PTC320281 | Current |
| U51909MH2019PTC320281 | Previous |
Recent Activity on Atharvan Minerals Private Limited
Atharvan Minerals Private Limited has 10 board changes on record since 2020: 2 appointments and 8 cessations. The latest: Sharad Liladharrao Dandavate ceased to be Additional Director on 29 Sep 2024.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Atharvan Minerals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Atharvan Minerals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Atharvan Minerals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Atharvan Minerals Private Limited
Atharvan Minerals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABBCS5016R1ZW | Maharashtra | Active | 24 Apr 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Atharvan Minerals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Atharvan Minerals Private Limited
Atharvan Minerals is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 28 January 2019 (7+ years old) and is registered under CIN U23100MH2019PTC320281.
Atharvan Minerals reported revenue of ₹1.62 Cr for FY 2025 (down 98% YoY).
Atharvan Minerals has 2 current directors:
- Anant Balkrishna Khadkekar - Director
- Sharad Liladharrao Dandavate - Director
Atharvan Minerals reported a net loss of ₹11.54 Lakh (net margin -7.1%) and EBITDA of ₹56.23 Lakh (EBITDA margin 34.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Atharvan Minerals is -72% over three years and -69% over five years. In the latest year (FY 2025) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Atharvan Minerals is 27ABBCS5016R1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Atharvan Minerals is U23100MH2019PTC320281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atharvan Minerals has 9 court cases on record: 6 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Atharvan Minerals was incorporated on 28 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Atharvan Minerals by revenue are Arsh Alloys and Metals Private Limited, Dhinjendar Sales Pvt.Ltd, Ferrometl Resources Private Limited, Wahi Sons Automotive Private Limited, Shrilekha Trading Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).
Sharad Liladharrao Dandavate ceased to be Additional Director on 29 Sep 2024. Sharad Liladharrao Dandavate was appointed as Director on 10 May 2024. Anant Balkrishna Khadkekar ceased to be Additional Director on 30 Sep 2022. Atharvan Minerals has 10 board changes on record in total.