About Atpi India Private Limited
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Atpi India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Griffin Marine Travel (Cyprus) Limited. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 04 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH1999PTC120173. Its GSTIN is 27AAACI5126N1ZE (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.65 Cr. It was formerly known as Instone India Private Limited. It is led by directors including Jeetendra Loknath Sawhney (Managing Director) and Ali Hussain.
Its last annual general meeting (AGM) was held on 24 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at 4/42 Der Deutsche Parkz Subhash Nagar Road Bhandup West, Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2022, the company reported a revenue of ₹42.06 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹16.55 Cr (net margin 39.3%) and EBITDA of ₹10.79 Cr (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 13% over five years.
The company has about 120 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹15.82 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atpi.com.
Company details
Contact details
Atpi India Private Limited's registered office is in Mumbai, Maharashtra. Its website is atpi.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address4/42 Der Deutsche Parkz Subhash Nagar Road Bhandup West, Mumbai, Maharashtra, India – 400078
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Atpi India 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
Financials of Atpi India Private Limited
FY 2024 filings availableAtpi India Private Limited reported revenue of ₹42.06 Cr (up 8% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 8% growth in the latest year. EBITDA fell 9% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹42.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.55 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.6% | ||||
| Net Profit Margin | 39.3% | ||||
| 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 Atpi India Private Limited, buy the company report.
Board of directors of Atpi India Private Limited
Atpi India has 4 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ali Hussain Also directs: GTS E-Services Private Limited, Got Duty Free Private Limited | Director | 03 May 2019 | 7 Years 6 Months | Current |
| Jaspreet Singh Arora Also directs: GTS E-Services Private Limited | Director | 02 May 2020 | 6 Years 6 Months | Current |
| Manish Shivcharan Batra | Director | 17 Apr 2025 | 1 Years 6 Months | Current |
| Jeetendra Loknath Sawhney | Managing Director | 24 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Atpi India Private Limited is audited by M S K A & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2022 | 105047W |
Shareholding
The shareholding of Atpi India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Atpi India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2021 | 100450311 | The Hongkong and Shanghai Banking Corporation Limited | ₹12.19 Cr | Satisfied | |
| 22 Jun 2020 | 100366555 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.76 Cr | Satisfied | |
| 24 Sep 2018 | 100205958 | Others | ₹36.73 Lakh | Satisfied | |
| 18 Feb 2009 | 10144205 | Standard Chartered Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Atpi India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Atpi India Private Limited has 8 court cases on record: 8 filed by Atpi India. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| District courts | 3 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Swiber Offshore Construction Pvt. Ltd. and Anr. and 1 other | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Swiber Offshore (India) Pvt. Ltd. and Another | Pending |
| Bombay High Court | Court case (COMSS) | Filed by the company against Oil and Natural Gas Corporation Limited and 1 other | Disposed |
| Bombay High Court | Court case (MCA) | Filed by the company against Oil and Natural Gas Corporation Limited and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Swiber Offshore Construction Pte Ltd. and 1 other | Disposed |
To see the full case history of Atpi India 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 Atpi India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Atpi India Private Limited has a workforce of 120 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Atpi India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI5126N1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Atpi India Private Limited, buy the company report.
Recent activity
Atpi India Private Limited has 21 board changes on record since 2008: 4 appointments and 17 cessations. The latest: Jeetendra Loknath Sawhney was appointed as Managing Director on 24 Nov 2025.
20 earlier events are in the company report.
Frequently asked questions
Atpi India is an active private limited company based in Mumbai, Maharashtra, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 04 June 1999 (27+ years old) and is registered under CIN U63040MH1999PTC120173.
Atpi India has 4 current directors:
- Jeetendra Loknath Sawhney - Managing Director
- Ali Hussain - Director
- Jaspreet Singh Arora - Director
- Manish Shivcharan Batra - Director
The latest financial statements of Atpi India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 24 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Atpi India is 27AAACI5126N1ZE, 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 Atpi India is U63040MH1999PTC120173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atpi India has 8 court cases on record: 8 filed by the company. 2 are pending. Most are in the high courts.
Atpi India was incorporated on 04 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Jeetendra Loknath Sawhney was appointed as Managing Director on 24 Nov 2025. Manish Shivcharan Batra ceased to be Additional Director on 23 Jun 2025. Manish Shivcharan Batra was appointed as Director on 17 Apr 2025. Atpi India has 21 board changes on record in total.
Atpi India can be reached through the website atpi.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Atpi India is at 442 Der Deutsche Parkz Subhash Nagar Road Bhandup West, Mumbai, Maharashtra, India – 400078.
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