Air & Technology Solutions Private Limited
About Air & Technology Solutions Private Limited
Data last updated:
Air & Technology Solutions Private Limited was a private limited company based in New Delhi, Delhi, 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 business process outsourcing sector. It was incorporated on 15 September 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2014PTC271592. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Yash Malhotra and Karan Vij.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Wz – 47 Mukharjee Park Tilak Nagar, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2019, the company reported a revenue of ₹62.02 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹59,520 (net margin 1%) and EBITDA of ₹1.52 Lakh (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
The company had about 23 employees on its provident fund (EPFO) records before it was struck off.
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- Registered AddressWz – 47 Mukharjee Park Tilak Nagar, New Delhi, Delhi, India – 110018
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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
- One PDF report, delivered after checkout
Business Activity of Air & Technology Solutions Private Limited
The main business activity of Air & Technology Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Air & Technology Solutions Private Limited FY 2019 filings available
Air & Technology Solutions Private Limited reported revenue of ₹62.02 Lakh (down 55% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Air & Technology Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 55% fall in the latest year. EBITDA fell 62% 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 of Air & Technology Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹62.02 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹59,520 | •••• | •••• | •••• | •••• |
| 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 of Air & Technology Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Air & Technology Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Air & Technology Solutions Private Limited
Air & Technology Solutions 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 |
|---|---|---|---|---|
| Yash Malhotra | Director | 15 Sep 2014 | 12 Years 1 Months | As last reported |
| Karan Vij | Director | 31 Jul 2015 | 11 Years 2 Months | As last reported |
Peer Comparison of Air & Technology Solutions Private Limited
Air & Technology Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Auroshree Skill Development Centre Private Limited | ₹62.39 Lakh (FY 2024) | •••• | •••• | 987.0% | •••• | Bhubaneswar, Odisha, India |
| Munificent Technology Services Private Limited | ₹62.26 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Nashik, Maharashtra, India |
| United Iq (I) Private Limited | ₹62.2 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Geek Care Online Private Limited | ₹62.08 Lakh (FY 2024) | •••• | •••• | -32.0% | •••• | Faridabad, Haryana, India |
| Jobixoindia Business Services Private Limited | ₹62.05 Lakh (FY 2025) | •••• | •••• | 269.0% | •••• | Chennai, Tamil Nadu, India |
| Air & Technology Solutions Private Limited this company | ₹62.02 Lakh (FY 2019) | •••• | •••• | -55.0% | •••• | New Delhi, Delhi, India |
| Digital Growing Solutions Private Limited | ₹62.01 Lakh (FY 2020) | •••• | •••• | -36.0% | •••• | New Delhi, Delhi, India |
| Olivetree Management Consultants Private Limited | ₹61.84 Lakh (FY 2024) | •••• | •••• | 358.0% | •••• | Bangalore, Karnataka, India |
| Meganomix Services Private Limited | ₹61.7 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Quadrate Multilingual Consultant Private Limited | ₹61.63 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Chennai, Tamil Nadu, India |
| Litt Media Private Limited | ₹61.52 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Air & Technology Solutions by revenue in the Outsourcing industry (Diversified BPO), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Air & Technology Solutions Private Limited
Air & Technology Solutions Private Limited is audited by M T M & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M T M & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Air & Technology Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Air & Technology Solutions Private Limited
Air & Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Air & Technology Solutions Private Limited
Air & Technology Solutions Private Limited has a workforce of 23 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Air & Technology Solutions Private Limited
Air & Technology Solutions Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Vipul Malhotra ceased to be Director on 03 Oct 2017.
Credit Ratings, Litigation & Regulatory Alerts for Air & Technology Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Air & Technology Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Air & Technology Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Air & Technology Solutions Private Limited
Air & Technology Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Air & Technology Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Air & Technology Solutions Private Limited
Air & Technology Solutions 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.
Air & Technology Solutions was a private limited company based in New Delhi, Delhi, India. The company worked in business process outsourcing, within the business outsourcing industry. It was incorporated on 15 September 2014 and is registered under CIN U74999DL2014PTC271592. The company has been struck off by the Registrar of Companies and is no longer operational.
Air & Technology Solutions had 2 directors:
- Yash Malhotra - Director
- Karan Vij - Director
The CIN (Corporate Identification Number) of Air & Technology Solutions is U74999DL2014PTC271592. 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 Air & Technology Solutions is at Wz – 47 Mukharjee Park Tilak Nagar, New Delhi, Delhi, India – 110018.
Air & Technology Solutions was incorporated on 15 September 2014. It is registered with the Registrar of Companies, Delhi.
Air & Technology Solutions reported revenue of ₹62.02 Lakh for FY 2019 (down 55% YoY).
Air & Technology Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Air & Technology Solutions reported a net profit of ₹59,520 (net margin 1%) and EBITDA of ₹1.52 Lakh (EBITDA margin 2.5%) for FY 2019, as per its filed financial statements.
No. Air & Technology Solutions has 1 GST registration on record and it is cancelled or inactive.
Air & Technology Solutions operated in the business outsourcing industry, in the business process outsourcing segment. It worked in this industry before it was struck off.