About Atlanta Elevators India Private Limited
Data last updated:
Atlanta Elevators India Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 September 2005.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U29150KA2005PTC037144. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It was led by directors Nandlal Chhaganlal Chandak and Anuradha Prabhachandra.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No.31 First Floor Sampige Road Malleswaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.66 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹5.52 Lakh (net margin 2.1%) and EBITDA of ₹16.62 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company had about 10 employees on its provident fund (EPFO) records before it was struck off.
Court records list 21 cases involving the company, including 4 filed by the company and 17 filed against it; 2 cases are pending.
The last known website on record is atlantaelevators.in.
Company details
Contact details
Atlanta Elevators India Private Limited's registered office is in Bangalore, Karnataka. Its website is atlantaelevators.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.31 First Floor Sampige Road Malleswaram, Bangalore, Karnataka, India – 560003
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Atlanta Elevators 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
Business activity
The main business activity of Atlanta Elevators India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Atlanta Elevators India Private Limited, buy the company report.
Financials of Atlanta Elevators India Private Limited
FY 2017 filings availableAtlanta Elevators India Private Limited reported revenue of ₹2.66 Cr (up 7% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 7% growth in the latest year. EBITDA rose 128% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | ₹16.62 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.52 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.2% | ||
| Net Profit Margin | 2.1% | ||
| 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 Atlanta Elevators India Private Limited, buy the company report.
Board of directors of Atlanta Elevators India Private Limited
Atlanta Elevators India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandlal Chhaganlal Chandak | Director | 26 Jun 2006 | 20 Years 4 Months | As last reported |
| Anuradha Prabhachandra | Director | 15 Jan 2007 | 19 Years 9 Months | As last reported |
Peer comparison
Atlanta Elevators India Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Torrane Industries Private Limited | ₹2.73 Cr (FY 2024) | 1228.0% | Ahmedabad, Gujarat, India | |||
| Atlanta Elevators India Private Limitedthis company | ₹2.66 Cr (FY 2017) | ₹5.52 Lakh | 2.1% | 7.0% | 10 | Bangalore, Karnataka, India |
| Rajath Material Handling Systems Private Limited | ₹2.66 Cr (FY 2025) | -57.0% | Bangalore, Karnataka, India | |||
| BSM Technologies Private Limited | ₹2.65 Cr (FY 2023) | -17.0% | Ecil Post, Telangana, India | |||
| Rosh Elevators Private Limited | ₹2.61 Cr (FY 2024) | 16.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Atlanta Elevators India Private Limited, buy the company report.
Auditor
Atlanta Elevators India Private Limited is audited by G K KAILASA MURTHY & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G K KAILASA MURTHY & CO | FY 2015 | 014705S |
Shareholding
The shareholding of Atlanta Elevators India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Atlanta Elevators India Private Limited, buy the company report.
Legal cases
Atlanta Elevators India Private Limited has 21 court cases on record: 4 filed by Atlanta Elevators India, 17 filed against it. 2 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 14 | 1 |
| High courts | 6 | 3 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by Tata Capital Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Reliance Communications Infrastructure Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Reliance Communications Infrastructure Limited | Disposed |
To see the full case history of Atlanta Elevators 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 Atlanta Elevators India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Atlanta Elevators India Private Limited has a workforce of 10 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Atlanta Elevators India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Atlanta Elevators India Private Limited, buy the company report.
Recent activity
Atlanta Elevators India Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Prabhachandra Jois ceased to be Director on 11 Jun 2019.
Frequently asked questions
Atlanta Elevators India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Atlanta Elevators India was a private limited company based in Bangalore, Karnataka, India. The company worked in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 05 September 2005 and is registered under CIN U29150KA2005PTC037144. The company has been struck off by the Registrar of Companies and is no longer operational.
Atlanta Elevators India had 2 directors:
- Nandlal Chhaganlal Chandak - Director
- Anuradha Prabhachandra - Director
The CIN (Corporate Identification Number) of Atlanta Elevators India is U29150KA2005PTC037144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Atlanta Elevators India is at No.31 First Floor Sampige Road Malleswaram, Bangalore, Karnataka, India – 560003.
Atlanta Elevators India was incorporated on 05 September 2005. It is registered with the Registrar of Companies, Bangalore.
Atlanta Elevators India can be reached through the website atlantaelevators.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Atlanta Elevators India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Atlanta Elevators India has 2 GST registrations on record and all of them are cancelled or inactive.
Atlanta Elevators India operated in the machinery and equipment industry, in the material handling and storage equipment segment. It worked in this industry before it was struck off.
The peers of Atlanta Elevators India by revenue are Torrane Industries Private Limited, Rajath Material Handling Systems Private Limited, BSM Technologies Private Limited, Rosh Elevators Private Limited, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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