About Carnival Techno Park Private Limited
Data last updated:
Carnival Techno Park Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Asian Business Connections Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate financing segment of the financial services sector. It was incorporated on 18 March 1996.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1996PTC098249. Its GSTIN is 32AACCA3942N1ZP (Kerala). 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 ₹10 Cr. It was formerly known as Bemisal Finvest Pvt Ltd and Aushim Soft Private Limited. It is led by directors including Prasanth Narayanan and Bhavesh Mansukhbhai Rathod (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.57 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Cr (net margin -8.7%) and EBITDA of ₹16.39 Cr (EBITDA margin 83.7%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
As per MCA filings, the company has open charges of ₹130 Cr and satisfied charges of ₹476.5 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it. The company has 5 deals on record (3 acquisitions, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹18.3 Cr; the latest was in August 2015.
The last known website on record is groupcarnival.com.
Company details
Name history
Carnival Techno Park has undergone 2 name changes throughout its history. The company was previously known as Bemisal Finvest Pvt Ltd, and Aushim Soft Private Limited. The current legal name is Carnival Techno Park Private Limited.
| Company Name | Status |
|---|---|
| Carnival Techno Park Private Limited | Current |
| Bemisal Finvest Pvt Ltd | Previous |
| Aushim Soft Private Limited | Previous |
Contact details
Carnival Techno Park Private Limited's registered office is in Mumbai, Maharashtra. Its website is groupcarnival.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor Carnival House Gen. A K Vaidya Marg Off Western Express Highway Dindoshi M, Alad East, Mumbai, Maharashtra, India – 400097
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Carnival Techno Park 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 Carnival Techno Park is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Carnival Techno Park Private Limited, buy the company report.
Financials of Carnival Techno Park Private Limited
FY 2023 filings availableCarnival Techno Park Private Limited reported revenue of ₹19.57 Cr (down 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 19% fall in the latest year. EBITDA fell 23% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.71 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.7% | ||||
| Net Profit Margin | -8.7% | ||||
| 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 Carnival Techno Park Private Limited, buy the company report.
Board of directors of Carnival Techno Park Private Limited
Carnival Techno Park has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sony Ravindranath | Additional Director | 25 Nov 2023 | 2 Years 11 Months | As last reported |
| Prasanth Narayanan | Director | 12 Aug 2015 | 11 Years 2 Months | As last reported |
| Bhavesh Mansukhbhai Rathod | Irp/Rp/Liquidator | 26 Feb 2024 | 2 Years 8 Months | As last reported |
Auditor
Carnival Techno Park Private Limited is audited by Patni Mandhana & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Patni Mandhana & Associates | FY 2023 | 152125W |
Shareholding
The shareholding of Carnival Techno Park Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Carnival Techno Park Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2017 | 100093916 | Syndicate Bank | ₹130 Cr | Open | |
| 21 Nov 2016 | 100062203 | Others | ₹115 Cr | Satisfied | |
| 06 May 2016 | 100031716 | Others | ₹300 Cr | Satisfied | |
| 31 Dec 2012 | 10406419 | Housing Development Finance Corporation Limited | ₹28 Cr | Satisfied | |
| 12 Nov 2008 | 10131166 | Housing Development Finance Corporation Limited | ₹27 Cr | Satisfied |
To see the full charge records of Carnival Techno Park Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Carnival Techno Park Private Limited has 5 deals on record (3 acquisitions, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹18.3 Cr; the latest was in August 2015.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: Asian Business Connections Private Limited Seller: Leela Lace Holdings Private Limited , an individual |
| Aug 2014 | Acquisition | ₹136.97 Cr | Buyer: Carnival Group Seller: Carnival Techno Park Private Limited |
| Jul 2010 | Funding round | ₹18.3 Cr | Investors: an individual |
| Jun 2010 | Acquisition | ₹5.24 Cr | Buyer: Leela Lace Holdings Private Limited |
| Oct 2006 | Acquisition | Undisclosed | Buyer: Leela Lace Holdings Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Carnival Techno Park Private Limited has 9 court cases on record: 5 filed by Carnival Techno Park, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| NCLAT | 3 | 3 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Carnival Realty India Private Limited, and 1 other | Disposed |
| District court, Thiruvananthapuram, Kerala | Execution petition | Filed by the company against M/S. Tngicube Technology Resources Pvt. Ltd. | Disposed |
| District court, Thiruvananthapuram, Kerala | Court case (RCA) | Filed by the company against Ms Tngicube Technology Resources Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Carnival Techno Park 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 Carnival Techno Park Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Carnival Techno Park has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCA3942N1ZP | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Carnival Techno Park Private Limited, buy the company report.
Recent activity
Carnival Techno Park Private Limited has 15 board changes on record since 2010: 3 appointments and 12 cessations. The latest: Bhavesh Mansukhbhai Rathod was appointed as Irp/Rp/Liquidator on 26 Feb 2024.
19 earlier events are in the company report.
Frequently asked questions
Carnival Techno Park is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Carnival Techno Park is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 18 March 1996 and is registered under CIN U65990MH1996PTC098249. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Carnival Techno Park has 3 current directors:
- Sony Ravindranath - Additional Director
- Prasanth Narayanan - Director
- Bhavesh Mansukhbhai Rathod - Irp/Rp/Liquidator
The latest financial statements of Carnival Techno Park on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Carnival Techno Park is U65990MH1996PTC098249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carnival Techno Park has open charges of ₹130 Cr and satisfied charges of ₹476.5 Cr as per latest MCA filings.
Carnival Techno Park has 9 court cases on record: 5 filed by the company and 4 filed against it. Most are in the district courts.
Carnival Techno Park was incorporated on 18 March 1996. It is registered with the Registrar of Companies, Mumbai.
Carnival Techno Park has 5 deals on record (3 acquisitions, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹18.3 Cr; the latest was in August 2015.
Bhavesh Mansukhbhai Rathod was appointed as Irp/Rp/Liquidator on 26 Feb 2024. Sony Ravindranath was appointed as Additional Director on 25 Nov 2023. Abhishek Suryakant Vyas ceased to be Additional Director on 30 Sep 2022. Carnival Techno Park has 15 board changes on record in total.