Abtune Ventures Private Limited

Provides freight transport services since 2015, based in Chennai, Tamil Nadu.

2015 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 04, 2025

Abtune Ventures Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -72.20%
  • Profit Growth 78.19%
  • Ebitda 93.49%
  • Net Worth -22.65%
  • Total Assets -12.82%

About Abtune Ventures

Abtune Ventures Private Limited (AVPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 March 2015 (Nine years and ten months 23 days old ). Its registered office is in Chennai, Tamil Nadu.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Kannan Sasikumar and Devakar Santhosh serve as directors at the Company.

Company Details

  • Location
    Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900TN2015PTC099709

  • Company No.

    099709

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

Who are the key members and board of directors at Abtune Ventures?

Board Members (2)

Name Designation Appointment Date Status
Kannan Sasikumar Country flag representing In Director 03-Apr-2023 Current
Devakar Santhosh Country flag representing In Director 19-Mar-2015 Current

Financial Performance of Abtune Ventures.

Abtune Ventures Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 72.2% decrease. The company also saw a substantial improvement in profitability, with a 78.19% increase in profit. The company's net worth observed a substantial decline by a decrease of 22.65%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-72.20%
Revenue from Operations
-72.16%
Total Assets
-12.82%
Profit or Loss
78.19%
Net Worth
-22.65%
EBITDA
93.49%

What is the Ownership and Shareholding Structure of Abtune Ventures?

In 2017, Abtune Ventures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Abtune Ventures?

Unlock and access historical data on people associated with Abtune Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abtune Ventures, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Abtune Ventures's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Abtune Ventures

Recent activity within the organization

  • Annual General Meeting

    Abtune Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Abtune Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Kannan Sasikumar was appointed as a Director was appointed as a Director on 03 Apr 2023 & has been associated with this company since 1 year 10 months .

    03 Apr 2023

  • Director Appointment

    Devakar Abinav Santhosh was appointed as a Director was appointed as a Director on 19 Mar 2015 & has been associated with this company since 9 years 10 months .

    19 Mar 2015

  • Company Incorporation

    Abtune Ventures Private Limited was registered on 19 Mar 2015 with Roc Chennai & aged 9 years 10 months as per MCA records.

    19 Mar 2015

Frequently asked questions

  • Abtune Ventures Private Limited was incorporated on 19 Mar 2015.

  • The authorized share capital of Abtune Ventures Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Abtune Ventures Private Limited.

    • Kannan Sasikumar
    • Devakar Abinav Santhosh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abtune Ventures Private Limited is 4A Kg Masterpiece 4Th Floor 28/144 Nelson Manickam Road, India, Chennai, Tamil Nadu, 600029.

  • The corporate identification number (CIN) of Abtune Ventures Private Limited is U72900TN2015PTC099709 and the company number is 099709 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Abtune Ventures Private Limited has fallen by -72.20%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Abtune Ventures Private Limited has experienced an downturn of -22.65%.

  • The most recent Balance Sheet for Abtune Ventures Private Limited was filed with the ROC on 31 Mar 2024.

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