About Montane Ventures Private Limited
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Montane Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Pel Management Services Private Limited. It operates in the management consultancy segment of the business services sector. It was incorporated on 26 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2015PTC269561. Its GSTIN is 27AAJCM9977E1ZT (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.37 Cr. It is led by directors including Nandini Ajay Piramal and Puneet Gulati.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Piramal Tower Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹77.92 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Cr (net margin -154.5%) and EBITDA of -₹1.4 Cr (EBITDA margin -179.7%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 30% over five years.
The company is associated with 1 brand: Montane Ventures.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website montaneventures.com.
Company details
Contact details
Montane Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is montaneventures.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Piramal Tower Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Montane 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
Brands
Montane Ventures operates one associated brand: Montane Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Venture capital fund partnering with entrepreneurs in technology and health sectors. | montaneventures.com |
Financials of Montane Ventures Private Limited
FY 2025 filings availableMontane Ventures Private Limited reported revenue of ₹77.92 Lakh (down 81% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 81% fall 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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| Total Revenue | ₹77.92 Lakh | ||||
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| EBITDA | -₹1.4 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.2 Cr | ||||
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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 | -179.7% | ||||
| Net Profit Margin | -154.5% | ||||
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To see the full financial statements and ratios of Montane Ventures Private Limited, buy the company report.
Board of directors of Montane Ventures Private Limited
Montane Ventures has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandini Ajay Piramal | Director | 25 Feb 2022 | 4 Years 8 Months | Current |
| Puneet Gulati | Director | 23 Nov 2022 | 3 Years 11 Months | Current |
| Joshua Alan Bornstein | Director | 05 Nov 2015 | 10 Years 11 Months | Current |
Auditor
Montane Ventures Private Limited is audited by M L Bhuwania and Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M L Bhuwania and Co. LLP | FY 2023 | 101484W/W100197 |
Shareholding
The shareholding of Montane Ventures 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 Montane Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Montane Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Montane Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Montane Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM9977E1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Montane Ventures Private Limited, buy the company report.
Recent activity
Montane Ventures Private Limited has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Kshitish Shreekant Bapat ceased to be Additional Director on 26 Sep 2023.
2 earlier events are in the company report.
Frequently asked questions
Montane Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in management consultancy, within the business services industry. It was incorporated on 26 October 2015 (11+ years old) and is registered under CIN U67190MH2015PTC269561.
Montane Ventures has 3 current directors:
- Nandini Ajay Piramal - Director
- Puneet Gulati - Director
- Joshua Alan Bornstein - Director
The latest financial statements of Montane Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Montane Ventures is 27AAJCM9977E1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Montane Ventures is U67190MH2015PTC269561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Montane Ventures was incorporated on 26 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Kshitish Shreekant Bapat ceased to be Additional Director on 26 Sep 2023. Puneet Gulati ceased to be Additional Director on 26 Sep 2023. Puneet Gulati was appointed as Director on 23 Nov 2022. Montane Ventures has 11 board changes on record in total.
Montane Ventures can be reached through the website montaneventures.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Montane Ventures is at 1st Floor Piramal Tower Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Montane Ventures operates in the business services industry, in the management consultancy segment.