About Atc India Tower Corporation Private Limited
Data last updated:
Atc India Tower Corporation Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Atc Asia Pacific Pte Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 22 March 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U55100MH2006PTC289297. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹86.55 Cr and a paid-up capital of ₹81.11 Cr. It was formerly known as E- Citi Infotech Developers Private Limited and Shoreline Resorts Private Limited. It was led by directors including Amit Sharma and Edmund Disanto.
Its last annual general meeting (AGM) was held on 15 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹554.64 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹57.32 Cr (net margin 10.3%) and EBITDA of ₹220.98 Cr (EBITDA margin 39.8%).
The company had about 59 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹877.8 Cr on record. Court records list 134 cases involving the company, including 93 filed by the company and 41 filed against it; 16 cases are pending. The company has 11 deals on record (5 secondary share transfers, 3 acquisitions, 3 funding rounds), with disclosed funding of ₹533.79 Cr; the latest was in March 2017.
The last known website on record is atctower.in.
Company details
Name history
Atc India Tower Corporation has undergone 3 name changes throughout its history. The company was previously known as E- Citi Infotech Developers Private Limited, Shoreline Resorts Private Limited, and Xcel Telecom Private Limited. The current legal name is Atc India Tower Corporation Private Limited.
| Company Name | Status |
|---|---|
| Atc India Tower Corporation Private Limited | Current |
| E- Citi Infotech Developers Private Limited | Previous |
| Shoreline Resorts Private Limited | Previous |
| Xcel Telecom Private Limited | Previous |
CIN history
Atc India Tower Corporation has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U55100MH2006PTC289297, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55100MH2006PTC289297 | Current |
| U55100HR2006PTC043337 | Previous |
| U55100MH2006PTC160627 | Previous |
Contact details
Atc India Tower Corporation Private Limited's registered office is in Mumbai, Maharashtra. Its website is atctower.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address403 4th Floor Skyline Icon Andheri Kurla Road Near Mittal Industrial Estate Andheri (, East), Mumbai, Maharashtra, India – 400059
- IndustryTelecom, Telecom Infrastructure
To see the full contact details of Atc India Tower Corporation 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 Atc India Tower Corporation is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Atc India Tower Corporation Private Limited, buy the company report.
Financials of Atc India Tower Corporation Private Limited
FY 2017 filings availableAtc India Tower Corporation Private Limited reported revenue of ₹554.64 Cr (up 13% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA rose 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹554.64 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹220.98 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹57.32 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 39.8% | |
| Net Profit Margin | 10.3% | |
| 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 Atc India Tower Corporation Private Limited, buy the company report.
Board of directors of Atc India Tower Corporation Private Limited
Atc India Tower Corporation has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Sharma | Director | 27 May 2009 | 17 Years 5 Months | As last reported |
| Edmund Disanto | Director | 27 May 2009 | 17 Years 5 Months | As last reported |
| Rajesh Madan | Director | 27 May 2009 | 17 Years 5 Months | As last reported |
Auditor
Atc India Tower Corporation Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2016 | 117366W/W100018 |
Shareholding
The shareholding of Atc India Tower Corporation Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Atc India Tower Corporation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2009 | 10148184 | Punjab National Bank | ₹500 Cr | Satisfied | |
| 29 Dec 2008 | 10138281 | State Bank of Patiala | ₹50 Cr | Satisfied | |
| 04 Dec 2008 | 10137597 | State Bank of Hyderabad | ₹50 Cr | Satisfied | |
| 26 Nov 2008 | 10134853 | Bank of India | ₹75 Cr | Satisfied | |
| 19 Sep 2008 | 10124301 | Punjab National Bank | ₹50 Cr | Satisfied |
To see the full charge records of Atc India Tower Corporation Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Atc India Tower Corporation Private Limited has 11 deals on record (5 secondary share transfers, 3 acquisitions, 3 funding rounds), with disclosed funding of ₹533.79 Cr; the latest was in March 2017.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: ATC Asia Pacific Private Limited & Amit Sharma, Atc Asia Pacific Pte Limited Seller: 2 individuals |
| Sep 2010 | Funding round | ₹386 Cr | Investors: an individual |
| Dec 2009 | Funding round | ₹103.64 Cr | Investors: an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Horseshoe Group |
| Mar 2009 | Funding round | ₹44.15 Cr | Investors: Horseshoe Group |
To see the full deal history of Atc India Tower Corporation Private 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
Atc India Tower Corporation Private Limited has 134 court cases on record: 93 filed by Atc India Tower Corporation, 41 filed against it. 16 cases are pending and 118 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 79 | 7 | 3 |
| District courts | 49 | 30 | 9 |
| Supreme Court | 6 | 4 | 4 |
Cases on record (5 of 134)
To see the full case history of Atc India Tower Corporation 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 Atc India Tower Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Atc India Tower Corporation has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mccoy Developers Private Limited | U45200MH2005PTC289296 | |
| Mccoy Developers Private Limited | U45200MH2005PTC289296 |
To see the full group structure of Atc India Tower Corporation Private Limited, buy the company report.
Employees & EPFO
Atc India Tower Corporation Private Limited has a workforce of 59 employees on its EPFO records as of Jan 2018.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 59 |
| FY 2016-17 |
To see the full employee and EPFO history of Atc India Tower Corporation Private Limited, buy the company report.
GST
Atc India Tower Corporation has 10 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 Atc India Tower Corporation Private Limited, buy the company report.
Recent activity
Atc India Tower Corporation Private Limited has 14 board changes on record since 2007: 3 appointments and 11 cessations. The latest: Ramanand Brahmandam ceased to be Additional Director on 20 Apr 2011.
22 earlier events are in the company report.
News
Frequently asked questions
Atc India Tower Corporation has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Atc India Tower Corporation was a private limited company based in Mumbai, Maharashtra, India. The company worked in telecom infrastructure, within the telecom industry. It was incorporated on 22 March 2006 and is registered under CIN U55100MH2006PTC289297. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Atc India Tower Corporation was incorporated on 22 March 2006. It is registered with the Registrar of Companies, Mumbai.
Atc India Tower Corporation had 3 directors:
- Amit Sharma - Director
- Edmund Disanto - Director
- Rajesh Madan - Director
The CIN (Corporate Identification Number) of Atc India Tower Corporation is U55100MH2006PTC289297. 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 Atc India Tower Corporation is at 403 4th Floor Skyline Icon Andheri Kurla Road Near Mittal Industrial Estate Andheri , East, Mumbai, Maharashtra, India – 400059.
Atc India Tower Corporation can be reached through the website atctower.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Atc India Tower Corporation on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 15 September 2017. Year-wise statements from 2015 are in the company report.
No. Atc India Tower Corporation has 10 GST registrations on record and all of them are cancelled or inactive.
Atc India Tower Corporation operated in the telecom industry, in the telecom infrastructure segment.
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