Airmax Technologies Private Limited
About Airmax Technologies Private Limited
Data last updated:
Airmax Technologies Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 02 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2016PTC041929. Its GSTIN is 23AAOCA9515F1ZO (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shruti Gupta and Manul Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – Ff – 6 Indus Satellite Greens Kailod Hala, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.12 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹2.25 Lakh (net margin -14%) and EBITDA of -₹2.16 Lakh (EBITDA margin -13.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressB – Ff – 6 Indus Satellite Greens Kailod Hala, Indore, Madhya Pradesh, India – 452010
- IndustryInformation Technology, Other Computer Related Activities
- 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 of Airmax Technologies Private Limited
The main business activity of Airmax Technologies is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service 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 Airmax Technologies Private Limited FY 2025 filings available
Airmax Technologies Private Limited reported revenue of ₹16.12 Lakh (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Airmax Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 13% growth 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 Airmax Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹2.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.25 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Airmax Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -14% | •••• | •••• | •••• | •••• |
| 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 Airmax Technologies are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Airmax Technologies Private Limited
Airmax Technologies Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abunetconnect Internet Services Private Limited | ₹16.34 Lakh (FY 2024) | •••• | •••• | 333.0% | •••• | Abu Road, Rajasthan, India |
| Gtech Communication Private Limited | ₹16.3 Lakh (FY 2024) | •••• | •••• | 202.0% | •••• | Vellore, Tamil Nadu, India |
| Gauresh Cablenet Services Private Limited | ₹16.3 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Thane, Maharashtra, India |
| I-Tel Internet Services Private Limited | ₹16.17 Lakh (FY 2018) | •••• | •••• | 5.0% | •••• | Nakodar, Punjab, India |
| Multireach Broadband Services Private Limited | ₹16.14 Lakh (FY 2024) | •••• | •••• | 489.0% | •••• | Kolkata, West Bengal, India |
| Airmax Technologies Private Limited this company | ₹16.12 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Indore, Madhya Pradesh, India |
| Sukanta Infotech Private Limited | ₹16.07 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Raj Kumar Pandey Communication Private Limited | ₹16.01 Lakh (FY 2021) | •••• | •••• | 23.0% | •••• | Sonipat, Haryana, India |
| NSB Networks Private Limited | ₹15.95 Lakh (FY 2023) | •••• | •••• | 68.0% | •••• | Araria, Bihar, India |
| Jagmohan Softsolutions Private Limited | ₹15.89 Lakh (FY 2023) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Skyzon Infoserve Private Limited | ₹15.86 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Mira Road, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Airmax Technologies by revenue in the Telecom industry (Landline ISP and Broadband), 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 Airmax Technologies Private Limited
Airmax Technologies Private Limited is audited by SAKLECHA&COMPANY for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAKLECHA&COMPANY | 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.
Board of Directors of Airmax Technologies Private Limited
Airmax Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Gupta | Director | 02 Dec 2016 | 9 Years 10 Months | Current |
| Manul Gupta | Director | 02 Dec 2016 | 9 Years 10 Months | Current |
Ownership and Shareholding of Airmax Technologies 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 Airmax Technologies Private Limited
Airmax Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Airmax Technologies Private Limited
Employment history and EPFO contributions of people linked to Airmax Technologies.
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 Airmax Technologies Private Limited
Airmax Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Manul Gupta was appointed as Director on 02 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Airmax Technologies 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 Airmax Technologies 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 Airmax Technologies 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 Airmax Technologies Private Limited
Airmax Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAOCA9515F1ZO | Madhya Pradesh | Active | 01 Jul 2017 |
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 Airmax Technologies 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 Airmax Technologies Private Limited
Airmax Technologies is an active private limited company based in Indore, Madhya Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 02 December 2016 (10+ years old) and is registered under CIN U72900MP2016PTC041929.
Airmax Technologies reported revenue of ₹16.12 Lakh for FY 2024 (up 13% YoY).
Airmax Technologies has 2 current directors:
- Shruti Gupta - Director
- Manul Gupta - Director
Airmax Technologies reported a net loss of ₹2.25 Lakh (net margin -14%) and EBITDA of -₹2.16 Lakh (EBITDA margin -13.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Airmax Technologies is 2% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Airmax Technologies is 23AAOCA9515F1ZO, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Airmax Technologies is U72900MP2016PTC041929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airmax Technologies was incorporated on 02 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Airmax Technologies by revenue are Abunetconnect Internet Services Private Limited, Gtech Communication Private Limited, Gauresh Cablenet Services Private Limited, I-Tel Internet Services Private Limited, Multireach Broadband Services Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband).
Manul Gupta was appointed as Director on 02 Dec 2016. Shruti Gupta was appointed as Director on 02 Dec 2016.
The registered office of Airmax Technologies is at B – Ff – 6 Indus Satellite Greens Kailod Hala, Indore, Madhya Pradesh, India – 452010.