Athena Infrastructure Limited
About Athena Infrastructure Limited
Data last updated:
Athena Infrastructure Limited is a public limited company based in Delhi, India, a subsidiary of Indiabulls Real Estate Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2006PLC151538. Its GSTIN is 06AAFCA8602G1ZX (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹33 Cr and a paid-up capital of ₹31.51 Cr. It was formerly known as Athena Infrastructure Private Limited. It is led by directors including Shambu Singh (Whole-Time Director) and Manish Riyal.
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 Office No 202 2nd Floor A – 18 Rama House Middle Circle Connaught Place New Del, Hi – 110001, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.7 Cr, a growth of 127% compared to the previous year. For the same year it recorded a net loss of ₹6.66 Cr (net margin -9.7%) and EBITDA of -₹6.56 Cr (EBITDA margin -9.5%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 9% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1,750 Cr on record. Court records list 97 cases involving the company, including 59 filed by the company and 38 filed against it; 9 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹95.66 Cr; the latest was in September 2017.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Athena Infrastructure has one previous CIN (Corporate Identification Number): U70109DL2006PTC151538. The current CIN is U70109DL2006PLC151538, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109DL2006PLC151538 | Current |
| U70109DL2006PTC151538 | Previous |
Contact details
Athena Infrastructure Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No 202 2nd Floor A – 18 Rama House Middle Circle Connaught Place New Del, Hi – 110001, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Athena Infrastructure 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 Athena Infrastructure is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Athena Infrastructure Limited, buy the company report.
Financials of Athena Infrastructure Limited
FY 2025 filings availableAthena Infrastructure Limited reported revenue of ₹68.7 Cr (up 127% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 127% growth in the latest year. EBITDA rose 90% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.66 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.5% | ||||
| Net Profit Margin | -9.7% | ||||
| 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 Athena Infrastructure Limited, buy the company report.
Board of directors of Athena Infrastructure Limited
Athena Infrastructure has 3 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shambu Singh Also directs: Lenus Infrastructure Limited, Ivonne Infrastructure Limited, Equinox India Landcon Limited and 5 more | Whole-Time Director | 27 Apr 2022 | 4 Years 6 Months | Current |
| Manish Riyal Also directs: Mabon Constructions Limited, Varali Properties Limited, Devona Properties Limited and 5 more | Director | 26 Mar 2024 | 2 Years 7 Months | Current |
| Kapil Singh Also directs: Selene Properties Limited, Sentia Developers Limited, Indiabulls Realty Company Limited and 5 more | Director | 22 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Athena Infrastructure Limited is audited by Agarwal Prakash & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agarwal Prakash & Co | FY 2023 | 005975N |
Shareholding
The shareholding of Athena Infrastructure 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 Athena Infrastructure Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2018 | 100221934 | Idbi Trusteeship Services Limited | ₹1,000 Cr | Satisfied | |
| 28 Dec 2013 | 10473460 | Indusind Bank Ltd. | ₹250 Cr | Satisfied | |
| 01 Mar 2011 | 10274015 | Idbi Trusteeship Services Limited | ₹500 Cr | Satisfied |
To see the full charge records of Athena Infrastructure Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Athena Infrastructure Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹95.66 Cr; the latest was in September 2017.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Sep 2013 | Acquisition | Undisclosed | Buyer: Embassy Developments Limited Seller: Farallon Capital Management, Saddle Rock Holdings Limited |
| Jul 2007 | Secondary share transfer | Undisclosed | Buyer: Embassy Developments Limited , 3 individuals Seller: Indiabulls Financial Services Limited , 3 individuals |
To see the full deal history of Athena Infrastructure Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Athena Infrastructure Limited has 97 court cases on record: 59 filed by Athena Infrastructure, 38 filed against it. 9 cases are pending and 88 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 67 | 15 | 3 |
| District courts | 20 | 17 | 6 |
| NCLT | 6 | 6 | 0 |
| Supreme Court | 4 | 0 | 0 |
Cases on record (5 of 97)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, DELHI | Writ petition | Filed by the company against KD Jag Holdings Private Limited and 3 others | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed against the company by M/S Abc Enterprises Pvt. Ltd. & Ors. | Disposed |
| High Court of Punjab and Haryana | Court case (RERA-APPL) | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Court case (RERA-APPL) | Filed against the company by an individual | Pending |
To see the full case history of Athena Infrastructure 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 Athena Infrastructure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Athena Infrastructure Limited has a workforce of 6 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Athena Infrastructure has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCA8602G1ZX | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Athena Infrastructure Limited, buy the company report.
Recent activity
Athena Infrastructure Limited has 31 board changes on record since 2008: 3 appointments and 28 cessations. The latest: Manish Riyal ceased to be Additional Director on 25 Sep 2024.
30 earlier events are in the company report.
Frequently asked questions
Athena Infrastructure is an active public limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 August 2006 (20+ years old) and is registered under CIN U70109DL2006PLC151538.
Athena Infrastructure has 3 current directors:
- Shambu Singh - Whole-Time Director
- Manish Riyal - Director
- Kapil Singh - Director
The latest financial statements of Athena Infrastructure 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 2015 are in the company report.
The GSTIN of Athena Infrastructure is 06AAFCA8602G1ZX, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Athena Infrastructure is U70109DL2006PLC151538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Athena Infrastructure has 97 court cases on record: 59 filed by the company and 38 filed against it. 9 are pending. Most are in the high courts.
Athena Infrastructure was incorporated on 02 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Athena Infrastructure has 5 deals on record (3 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹95.66 Cr; the latest was in September 2017.
Manish Riyal ceased to be Additional Director on 25 Sep 2024. Manish Riyal was appointed as Director on 26 Mar 2024. Abhinav Bhandari ceased to be Additional Director on 26 Sep 2023. Athena Infrastructure has 31 board changes on record in total.
The registered office of Athena Infrastructure is at Office No 202 2nd Floor A – 18 Rama House Middle Circle Connaught Place New Del, Hi – 110001, Delhi, India – 110001.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
