Atlantic Ventures Private Limited
About Atlantic Ventures Private Limited
Data last updated:
Atlantic Ventures Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Reliance Endeavour Management 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 10 June 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2009PTC193200.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Radius Trading Private Limited and Reliance Fusion Ventures Private Limited. It was led by directors Sanjay P Shinde and Santosh Ramchandra Pujare.
Its last annual general meeting (AGM) was held on 30 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 ₹3.52 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹5.72 Lakh (net margin -162.4%) and EBITDA of -₹1.29 Lakh (EBITDA margin -36.7%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 18% over five years.
Court records list 2 cases involving the company, including 2 filed by the company. The company has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹99 Lakh; the latest was in March 2016. Its 6 peer companies in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 4 smaller; the largest is Kovai Energy Solutions Private Limited with revenue of ₹3.69 Lakh.
Company details
Name history
Atlantic Ventures has undergone 2 name changes throughout its history. The company was previously known as Radius Trading Private Limited, and Reliance Fusion Ventures Private Limited. The current legal name is Atlantic Ventures Private Limited.
| Company Name | Status |
|---|---|
| Atlantic Ventures Private Limited | Current |
| Radius Trading Private Limited | Previous |
| Reliance Fusion Ventures Private Limited | Previous |
Contact details
Atlantic Ventures 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 Atlantic Ventures 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 Atlantic Ventures 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 Atlantic Ventures Private Limited, buy the company report.
Financials of Atlantic Ventures Private Limited
FY 2022 filings availableAtlantic Ventures Private Limited reported revenue of ₹3.52 Lakh (up 18% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 14% 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 |
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| EBITDA | -₹1.29 Lakh | ||||
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| Net Profit (PAT) | -₹5.72 Lakh | ||||
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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 | -36.7% | ||||
| Net Profit Margin | -162.4% | ||||
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To see the full financial statements and ratios of Atlantic Ventures Private Limited, buy the company report.
Board of directors of Atlantic Ventures Private Limited
Atlantic Ventures has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay P Shinde Also directs: Rwtipl Industries Private Limited, Ambani Enterprises Private Limited, Reliance Oneworld Limited and 5 more | Additional Director | 30 Nov 2022 | 3 Years 10 Months | As last reported |
| Santosh Ramchandra Pujare Also directs: Ambani Enterprises Private Limited, Reliance Oneworld Limited, Ralston Trading Private Limited and 5 more | Additional Director | 30 Nov 2022 | 3 Years 10 Months | As last reported |
Peer comparison
Atlantic Ventures Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Transmission and Distribution), 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 |
|---|---|---|---|---|---|---|
| Kovai Energy Solutions Private Limited | ₹3.69 Lakh (FY 2025) | -96.0% | Mumbai, Maharashtra, India | |||
| Bhargawa Carbonic Pvt Ltd | ₹3.54 Lakh (FY 2024) | 2.0% | Bhopal, Madhya Pradesh, India | |||
| Atlantic Ventures Private Limitedthis company | ₹3.52 Lakh (FY 2022) | -₹5.72 Lakh | -162.4% | 18.0% | Mumbai, Maharashtra, India | |
| Ecoren Heron Winds Private Limited | ₹3.49 Lakh (FY 2023) | Jubilee Hills, Hyderabad, Telangana, India | ||||
| Smartcraft Energy Tech Private Limited | ₹3.38 Lakh (FY 2022) | -74.0% | Pune, Maharashtra, India | |||
| Renew Green (MHS Two) Private Limited | ₹3.28 Lakh (FY 2025) | 178.0% | Delhi, India | |||
| Paraswanath Solar Power (Koppal) Private Limited | ₹3.26 Lakh (FY 2021) | 122.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Atlantic Ventures Private Limited, buy the company report.
Auditor
Atlantic Ventures Private Limited is audited by MAHENDRA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHENDRA & CO | FY 2019 | 509293C |
Shareholding
The shareholding of Atlantic Ventures Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Atlantic Ventures Private Limited, buy the company report.
Deals & funding
Atlantic Ventures Private Limited has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹99 Lakh; the latest was in March 2016.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Sealink Infra Technology Private Limited Seller: AAA Commercials Enterprises Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: AAA Commercials Enterprises Private Limited Seller: Reliance Endeavour Management Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Reliance Endeavour Management Private Limited , Reliance Business Machines Private Limited Seller: Ambani Industries Private Limited , Ambani Industries Private Limited & Kamalkant Gupta, Reliance Innoventures Private Limited |
To see the full deal history of Atlantic Ventures 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
Atlantic Ventures Private Limited has 2 court cases on record: 2 filed by Atlantic Ventures. 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 Atlantic Ventures 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 Atlantic Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Atlantic Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Atlantic Ventures Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Sanjay P Shinde was appointed as Additional Director on 30 Nov 2022.
Frequently asked questions
Atlantic Ventures 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.
Atlantic Ventures 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 10 June 2009 and is registered under CIN U51109MH2009PTC193200. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Atlantic Ventures was incorporated on 10 June 2009. It is registered with the Registrar of Companies, Mumbai.
Atlantic Ventures had 2 directors:
- Sanjay P Shinde - Additional Director
- Santosh Ramchandra Pujare - Additional Director
The CIN (Corporate Identification Number) of Atlantic Ventures is U51109MH2009PTC193200. 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 Atlantic Ventures is at 502 Plot No. 9194 Prabhat Colony Santacruz East, Mumbai, Maharashtra, India – 400055.
The latest financial statements of Atlantic Ventures on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Atlantic Ventures operated in the energy and power industry, in the power transmission and distribution services segment.
Atlantic Ventures has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹99 Lakh; the latest was in March 2016.
The peers of Atlantic Ventures by revenue are Kovai Energy Solutions Private Limited, Bhargawa Carbonic Pvt Ltd, Ecoren Heron Winds Private Limited, Smartcraft Energy Tech Private Limited, Renew Green (MHS Two) Private Limited and 1 more, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Atlantic Ventures has 2 court cases on record: 2 filed by the company.