DPIIT recognised startup Government of India
Startup India
Aindri Initiatives Private Limited
Aindri Initiatives Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.43 Cr
▲ 136% YoY
Net profit · FY 2025
₹17.47 Lakh
Net margin 12.2%
EBITDA · FY 2025
₹17.47 Lakh
EBITDA margin 12.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Aindri Initiatives Private Limited
Data last updated:
Aindri Initiatives Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 14 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U37200MH2021PTC369494. Its GSTIN is 27AAVCA9552D1Z8 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kishor Vasant Satwick and Tanay Hemant Paranjape.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 34 Mahatma Gandhi Road Paranjape Bunglow Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.43 Cr, a growth of 136% compared to the previous year. For the same year it recorded a net profit of ₹17.47 Lakh (net margin 12.2%) and EBITDA of ₹17.47 Lakh (EBITDA margin 12.2%).
Company details
CIN U37200MH2021PTC369494
Registration Number 369494
Incorporation Date 14 October 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Aindri Initiatives
Contact details
Aindri Initiatives Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address34 Mahatma Gandhi Road Paranjape Bunglow Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Aindri Initiatives Private Limited, buy the company report.
Comprehensive company report
Aindri Initiatives Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Aindri Initiatives is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Aindri Initiatives Private Limited, buy the company report.
Financials of Aindri Initiatives Private Limited
FY 2025 filings availableAindri Initiatives Private Limited reported revenue of ₹1.43 Cr (up 136% YoY) for FY 2025.
Revenue · FY 2025
₹1.43 Cr ▲ 136%
Net profit · FY 2025
₹17.47 Lakh margin 12.2%
EBITDA · FY 2025
₹17.47 Lakh margin 12.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 136%
EBITDA CAGR growth
1 year
▲ 116%
Revenue rose 136% in the latest year. EBITDA rose 116% in the latest 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 |
|---|---|---|---|---|
| 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 | ₹17.47 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹17.47 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12.2% | |||
| Net Profit Margin | 12.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
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| 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 Aindri Initiatives Private Limited, buy the company report.
Board of directors of Aindri Initiatives Private Limited
Aindri Initiatives has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishor Vasant Satwick | Director | 14 Oct 2021 | 5 Years 0 Months | Current |
| Tanay Hemant Paranjape Also directs: Paranjape Builders Pvt Ltd | Director | 14 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Aindri Initiatives Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Recycle Bell Private Limited | ₹1.46 Cr (FY 2025) | -14.0% | Amravati, Maharashtra, India | |||
| Koderma MSWM Private Limited | ₹1.45 Cr (FY 2025) | 197.0% | Gautam Buddha Nagar, Uttar Pradesh, India | |||
| Aindri Initiatives Private Limitedthis company | ₹1.43 Cr (FY 2025) | ₹17.47 Lakh | 12.2% | 136.0% | Mumbai, Maharashtra, India | |
| Northamps Global Ecosolutions Private Limited | ₹1.43 Cr (FY 2024) | 489.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Aindri Initiatives Private Limited, buy the company report.
Auditor
Aindri Initiatives Private Limited is audited by S V Godbole & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S V Godbole & Co | FY 2023 | 033385 |
Shareholding
The shareholding of Aindri Initiatives Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aindri Initiatives Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aindri Initiatives 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 Aindri Initiatives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aindri Initiatives Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
Active EPFO establishments
1
GST
Aindri Initiatives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCA9552D1Z8 | Maharashtra | Active | 12 May 2022 |
To see the full GST registrations and return filing status of Aindri Initiatives Private Limited, buy the company report.
Recent activity
Aindri Initiatives Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Kishor Vasant Satwick was appointed as Director on 14 Oct 2021.
AGM
Aindri Initiatives Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Aindri Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Kishor Vasant Satwick was appointed as Director.
Appointed
Tanay Hemant Paranjape was appointed as Director.
Incorporation
14 Oct 2021
Aindri Initiatives Private Limited was registered on 14 Oct 2021 with Roc Mumbai I & aged 5 years 27 days as per MCA records.
Frequently asked questions
Aindri Initiatives is an active private limited company based in Mumbai, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 14 October 2021 (5+ years old) and is registered under CIN U37200MH2021PTC369494.
Aindri Initiatives has 2 current directors:
- Kishor Vasant Satwick - Director
- Tanay Hemant Paranjape - Director
The latest financial statements of Aindri Initiatives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Aindri Initiatives is 27AAVCA9552D1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aindri Initiatives is U37200MH2021PTC369494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aindri Initiatives was incorporated on 14 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aindri Initiatives by revenue are Recycle Bell Private Limited, Koderma MSWM Private Limited, Northamps Global Ecosolutions Private Limited, all in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).
Kishor Vasant Satwick was appointed as Director on 14 Oct 2021. Tanay Hemant Paranjape was appointed as Director on 14 Oct 2021.
Yes, Aindri Initiatives is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Aindri Initiatives is at 34 Mahatma Gandhi Road Paranjape Bunglow Vile Parle East, Mumbai, Maharashtra, India – 400057.
Aindri Initiatives operates in the environment industry, in the waste management and recycling solutions segment.
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