Celestial Tech Vates Private Limited
About Celestial Tech Vates Private Limited
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Celestial Tech Vates Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 21 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2009PTC190508. Its GSTIN is 07AADCC6969L2Z1 (Delhi). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹7 Lakh. It was formerly known as Celestial Educational Vates Limited and Celestial Tech Vates Limited. It is led by directors including Kunal Gupta and Abhishek Gupta.
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 842 Ward – 6 Main Bazar Mehrauli, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2023, the company reported a revenue of ₹48.76 Lakh, a growth of 114% compared to the previous year. For the same year it recorded a net profit of ₹36.95 Lakh (net margin 75.8%) and EBITDA of ₹38.03 Lakh (EBITDA margin 78%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record. Court records list 16 cases involving the company, including 6 filed by the company and 10 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Celestial Tech Vates has undergone 2 name changes throughout its history. The company was previously known as Celestial Educational Vates Limited, and Celestial Tech Vates Limited. The current legal name is Celestial Tech Vates Private Limited.
| Company Name | Status |
|---|---|
| Celestial Tech Vates Private Limited | Current |
| Celestial Educational Vates Limited | Previous |
| Celestial Tech Vates Limited | Previous |
CIN history
Celestial Tech Vates has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72300DL2009PTC190508, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300DL2009PTC190508 | Current |
| U72300DL2009PLC190508 | Previous |
| U80902DL2009PLC190508 | Previous |
Contact details
Celestial Tech Vates Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address842 Ward – 6 Main Bazar Mehrauli, New Delhi, Delhi, India – 110030
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Celestial Tech Vates 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 activities of Celestial Tech Vates are trade and support service to organizations. In detail, this covers retail trading and rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Celestial Tech Vates Private Limited, buy the company report.
Financials of Celestial Tech Vates Private Limited
FY 2023 filings availableCelestial Tech Vates Private Limited reported revenue of ₹48.76 Lakh (up 114% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 114% growth in the latest year. EBITDA rose 218% 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 |
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| EBITDA | ₹38.03 Lakh | ||||
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| Net Profit (PAT) | ₹36.95 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78% | ||||
| Net Profit Margin | 75.8% | ||||
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To see the full financial statements and ratios of Celestial Tech Vates Private Limited, buy the company report.
Board of directors of Celestial Tech Vates Private Limited
Celestial Tech Vates has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Gupta Also directs: Local Atamnirbharta Services LLP, Rigveda Engineers LLP, Jerome Max 4U Global Private Limited and 5 more | Director | 21 May 2009 | 17 Years 5 Months | Current |
| Abhishek Gupta | Director | 21 May 2009 | 17 Years 5 Months | Current |
| Rahul Gupta Also directs: K. R. Mangalam Group Private Limited, 4U Medcare Private Limited, Devansh Realtors Private Limited and 1 more | Director | 21 May 2009 | 17 Years 5 Months | Current |
| Prashant Gupta Also directs: K. R. Mangalam Group Private Limited, Keshav Ram Mangal Infra LLP, RBK Saga Private Limited and 1 more | Director | 25 Oct 2011 | 15 Years 0 Months | Current |
Auditor
Celestial Tech Vates Private Limited is audited by N GARG & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N GARG & ASSOCIATES | FY 2022 | 005314N |
Shareholding
The shareholding of Celestial Tech Vates 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 Celestial Tech Vates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2011 | 10318108 | Punjab National Bank | ₹1.5 Cr | Satisfied |
To see the full charge records of Celestial Tech Vates Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Celestial Tech Vates Private Limited has 16 court cases on record: 6 filed by Celestial Tech Vates, 10 filed against it. 1 case is pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 1 |
| High courts | 5 | 3 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Appeal | Filed by the company against United Teleservices Ltd and Ors | Pending |
| District court, New Delhi, Delhi | Court case (T P (CRL)) | Filed by the company against United Teleservices Ltd. | Disposed |
| High Court of Delhi | Court case (CRL.L.P.) | Filed by the company against United Teleservices Ltd | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by United Teleservices Ltd. | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against United Teleservices Ltd. | Disposed |
To see the full case history of Celestial Tech Vates 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 Celestial Tech Vates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Celestial Tech Vates has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCC6969L2Z1 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Celestial Tech Vates Private Limited, buy the company report.
Recent activity
Celestial Tech Vates Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Prashant Gupta was appointed as Director on 25 Oct 2011.
Frequently asked questions
Celestial Tech Vates is an active private limited company based in New Delhi, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 21 May 2009 (17+ years old) and is registered under CIN U72300DL2009PTC190508.
Celestial Tech Vates has 4 current directors:
- Kunal Gupta - Director
- Abhishek Gupta - Director
- Rahul Gupta - Director
- Prashant Gupta - Director
The latest financial statements of Celestial Tech Vates 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 GSTIN of Celestial Tech Vates is 07AADCC6969L2Z1, registered in Delhi. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of Celestial Tech Vates is U72300DL2009PTC190508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Celestial Tech Vates has 16 court cases on record: 6 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.
Celestial Tech Vates was incorporated on 21 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Prashant Gupta was appointed as Director on 25 Oct 2011. Puneet Gupta ceased to be Director on 24 Aug 2011. Sachin Gupta ceased to be Director on 24 Aug 2011. Celestial Tech Vates has 6 board changes on record in total.
The registered office of Celestial Tech Vates is at 842 Ward – 6 Main Bazar Mehrauli, New Delhi, Delhi, India – 110030.
Celestial Tech Vates operates in the information technology industry, in the IT products retail and distribution segment.