- Udyam number
- UDYAM-WB-10-0001605

Atlantic Projects Limited
About Atlantic Projects Limited
Data last updated:
Atlantic Projects Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 25 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45201WB1999PLC090499. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹32.53 Cr and a paid-up capital of ₹30.47 Cr. It was formerly known as Atlantic Global Limited. It is led by directors including Ashok Mehra and Mina Roy.
Its last annual general meeting (AGM) was held on 29 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 2/3/D Deb Lane 1st Floor, Kolkata, West Bengal, India – 700014.
As per the financials filed for FY 2015, the company reported a revenue of ₹311.28 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹3.94 Cr (net margin 1.3%) and EBITDA of ₹15.19 Cr (EBITDA margin 4.9%).
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹135 Cr on record. Court records list 14 cases involving the company, including 7 filed by the company and 7 filed against it; 3 cases are pending.
Atlantic Projects Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-WB-10-0001605). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Atlantic Projects has one previous CIN (Corporate Identification Number): U90499WB1999PLC090499. The current CIN is U45201WB1999PLC090499, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201WB1999PLC090499 | Current |
| U90499WB1999PLC090499 | Previous |
Recognitions & Rankings of Atlantic Projects
Contact details
Atlantic Projects Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address2/3/D Deb Lane 1st Floor, Kolkata, West Bengal, India – 700014
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Atlantic Projects 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 Atlantic Projects Limited
FY 2015 filings availableAtlantic Projects Limited reported revenue of ₹311.28 Cr (up 19% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year. EBITDA rose 72% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹311.28 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹15.19 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹3.94 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 4.9% |
| Net Profit Margin | 1.3% |
| 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 Atlantic Projects Limited, buy the company report.
Board of directors of Atlantic Projects Limited
Atlantic Projects has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Mehra Also directs: Eastern India Textile Mills' Association, Cross Finance Pvt Ltd | Director | 28 Jun 2016 | 10 Years 4 Months | Current |
| Mina Roy Also directs: Bala Techno Global Limited | Director | 28 Jun 2016 | 10 Years 4 Months | Current |
| Nipun Gupta | Director | 17 Dec 2021 | 4 Years 10 Months | Current |
| Chandra Prakash Mehra | Director | 28 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Atlantic Projects Limited is audited by U NARAIN & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U NARAIN & CO | FY 2015 | 000935C |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2012 | 10405320 | Oriental Bank of Commerce | ₹5 Cr | Satisfied | |
| 01 Sep 2012 | 10382708 | Others | ₹10 Cr | Satisfied | |
| 29 May 2012 | 10361075 | Allahabad Bank | ₹5.75 Cr | Satisfied | |
| 08 Dec 2009 | 10196335 | Allahabad Bank | ₹42 Cr | Satisfied | |
| 01 Jun 2009 | 10162902 | Uco Bank | ₹18.8 Cr | Satisfied |
To see the full charge records of Atlantic Projects Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Atlantic Projects Limited has 14 court cases on record: 7 filed by Atlantic Projects, 7 filed against it. 3 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 3 |
| High courts | 6 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ekta Vanijya Pvt Ltd | Pending |
| District court, Akola, Maharashtra | Criminal miscellaneous application | Filed against the company by Dayal Cotspin Ltd. | Pending |
| District court, Malda, West Bengal | Appeal | Filed against the company by National Buildings Construction Corporation Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Akash Enterprises | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Akash Enterprises and 1 other | Disposed |
To see the full case history of Atlantic Projects 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.
Credit ratings & regulatory alerts
Atlantic Projects Limited was last rated by Care on 21 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 21 Jun 2022 |
To see the full credit ratings and regulatory alerts of Atlantic Projects Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Atlantic Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Atlantic Projects Limited has 2 active EPFO establishments as of Apr 04, 2024.
GST
Atlantic Projects has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Atlantic Projects Limited, buy the company report.
Recent activity
Atlantic Projects Limited has 9 board changes on record since 2008: 4 appointments and 5 cessations. The latest: Nipun Gupta was appointed as Director on 17 Dec 2021.
22 earlier events are in the company report.
Frequently asked questions
Atlantic Projects is an active public limited company based in Kolkata, West Bengal, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 25 October 1999 (27+ years old) and is registered under CIN U45201WB1999PLC090499.
Atlantic Projects has 4 current directors:
- Ashok Mehra - Director
- Mina Roy - Director
- Nipun Gupta - Director
- Chandra Prakash Mehra - Director
The latest financial statements of Atlantic Projects on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 29 September 2015. Year-wise statements from 2015 are in the company report.
No. Atlantic Projects has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Atlantic Projects is U45201WB1999PLC090499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atlantic Projects has 14 court cases on record: 7 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.
Atlantic Projects was incorporated on 25 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kolkata.
Nipun Gupta was appointed as Director on 17 Dec 2021. Kapil Mehra ceased to be Director on 29 Jun 2016. Siddharth Mehra ceased to be Director on 29 Jun 2016. Atlantic Projects has 9 board changes on record in total.
Yes, Atlantic Projects is registered as an MSME under Udyam registration (number: UDYAM-WB-10-0001605).
The registered office of Atlantic Projects is at 23D Deb Lane 1st Floor, Kolkata, West Bengal, India – 700014.