- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0017687

About Atlas Multitrade Private Limited
Data last updated:
Atlas Multitrade Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 01 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2005PTC152354. Its GSTIN is 27AAFCA1766R2Z2 (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹72.5 Lakh. It is led by directors Jai Manish Shanghvi and Manish Upendra Shanghvi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop – 9 10 Shanta Ashish Chs, Dadabhai Rd Vileparle W Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.7 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹30.5 Lakh (net margin -18%) and EBITDA of -₹27.27 Lakh (EBITDA margin -16.1%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 43% over five years.
As per MCA filings, the company has open charges of ₹15.62 Cr and satisfied charges of ₹18.62 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 4 cases are pending.
Atlas Multitrade Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0017687). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atlasmultitrade.com.
Company details
Recognitions & Rankings of Atlas Multitrade
Contact details
Atlas Multitrade Private Limited's registered office is in Mumbai, Maharashtra. Its website is atlasmultitrade.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop – 9 10 Shanta Ashish Chs, Dadabhai Rd Vileparle W Mumbai, Maharashtra, India – 400056
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Atlas Multitrade 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 Atlas Multitrade 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 Atlas Multitrade Private Limited, buy the company report.
Financials of Atlas Multitrade Private Limited
FY 2025 filings availableAtlas Multitrade Private Limited reported revenue of ₹1.7 Cr (down 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 85% fall in the latest year. EBITDA fell 263% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹27.27 Lakh | ||||
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| Net Profit (PAT) | -₹30.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -16.1% | ||||
| Net Profit Margin | -18% | ||||
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To see the full financial statements and ratios of Atlas Multitrade Private Limited, buy the company report.
Board of directors of Atlas Multitrade Private Limited
Atlas Multitrade has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jai Manish Shanghvi Also directs: Toyo Lifestyle LLP, Toyo Fashions Private Limited | Director | 08 Dec 2023 | 2 Years 10 Months | Current |
| Manish Upendra Shanghvi Also directs: Toyo Lifestyle LLP, Toyo Fashions Private Limited | Director | 01 Apr 2005 | 21 Years 6 Months | Current |
Auditor
Atlas Multitrade Private Limited is audited by SANDESH CHANDAK & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDESH CHANDAK & COMPANY | FY 2022 | 141714W |
Shareholding
The shareholding of Atlas Multitrade Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Atlas Multitrade Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2021 | 100453032 | Hdfc Bank Limited | ₹6.62 Cr | Satisfied | |
| 28 Mar 2013 | 10414611 | Hdfc Bank Limited | ₹9 Cr | Satisfied | |
| 29 Sep 2009 | 10185583 | Vijaya Bank | ₹3 Cr | Satisfied |
To see the full charge records of Atlas Multitrade Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Atlas Multitrade Private Limited has 4 court cases on record: 3 filed by Atlas Multitrade, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 4 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Mayasheel Retail India Ltd and 5 others | Pending |
| District court, New Delhi, Delhi | Court case (TRAFFIC CHALLAN) | Filed against the company by State | Pending |
To see the full case history of Atlas Multitrade 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 Atlas Multitrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Atlas Multitrade has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA1766R2Z2 | Maharashtra | Active | 01 Jul 2017 |
| 07AAFCA1766R1Z5 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Atlas Multitrade Private Limited, buy the company report.
Recent activity
Atlas Multitrade Private Limited has 7 board changes on record since 2005: 2 appointments and 5 cessations. The latest: Jai Manish Shanghvi ceased to be Additional Director on 29 Sep 2024.
5 earlier events are in the company report.
Frequently asked questions
Atlas Multitrade is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 01 April 2005 (21+ years old) and is registered under CIN U51909MH2005PTC152354.
Atlas Multitrade has 2 current directors:
- Jai Manish Shanghvi - Director
- Manish Upendra Shanghvi - Director
The latest financial statements of Atlas Multitrade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Atlas Multitrade is 27AAFCA1766R2Z2, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAFCA1766R1Z5 (Delhi).
The CIN (Corporate Identification Number) of Atlas Multitrade is U51909MH2005PTC152354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atlas Multitrade has 4 court cases on record: 3 filed by the company and 1 filed against it. 4 are pending.
Atlas Multitrade was incorporated on 01 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Jai Manish Shanghvi ceased to be Additional Director on 29 Sep 2024. Jai Manish Shanghvi was appointed as Director on 08 Dec 2023. Upendra Chandrakant Shanghvi ceased to be Director on 08 Dec 2023. Atlas Multitrade has 7 board changes on record in total.
Yes, Atlas Multitrade is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0017687).
Atlas Multitrade can be reached through the website atlasmultitrade.com. Its registered office is in Mumbai, Maharashtra, India.