About Airstacks Networks Private Limited
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Airstacks Networks Private Limited was a private limited company based in Pune, Maharashtra, 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 IT services segment of the services sector. It was incorporated on 23 September 2015.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2015PTC156545. The company has 1 GST registration on record, which is no longer active.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 Ajay Gangadhar Thanage and Akshay Jayant Patil.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at B – 702 Palladion Balewadi, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2017, the company reported a revenue of ₹15.1 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.33 Lakh (net margin 8.8%) and EBITDA of ₹1.52 Lakh (EBITDA margin 10.1%).
The company was associated with 1 brand: Airstacks.
The last known website on record is airstacks.com.
Company details
Contact details
Airstacks Networks Private Limited's registered office is in Pune, Maharashtra. Its website is airstacks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 702 Palladion Balewadi, Pune, Maharashtra, India – 411045
- IndustryService, Information Technology Services
To see the full contact details of Airstacks Networks 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
Brands
Airstacks Networks operates one associated brand: Airstacks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a provider of public WiFi solutions for various clients. | airstacks.com |
Business activity
The main business activity of Airstacks Networks 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 Airstacks Networks Private Limited, buy the company report.
Financials of Airstacks Networks Private Limited
FY 2017 filings availableAirstacks Networks Private Limited reported revenue of ₹15.1 Lakh (up 687% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 687% in the latest year. EBITDA rose 580% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹15.1 Lakh | |
| Other Income | ||
| Total Revenue | ||
| 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) | ₹1.33 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 | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.1% | |
| Net Profit Margin | 8.8% | |
| 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 Airstacks Networks Private Limited, buy the company report.
Board of directors of Airstacks Networks Private Limited
Airstacks Networks has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Gangadhar Thanage Also directs: Supnature Produce Private Limited, Lalaland Coworking Private Limited, Supramodel Private Limited and 4 more | Director | 16 Aug 2018 | 8 Years 2 Months | As last reported |
| Akshay Jayant Patil | Director | 23 Sep 2015 | 11 Years 1 Months | As last reported |
Peer comparison
Airstacks Networks Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clickrstop Software Solutions Private Limited | ₹15.12 Lakh (FY 2019) | 283.0% | Kolkata, West Bengal, India | |||
| Oxysmart Private Limited | ₹15.11 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Razorbee Online Solutions Private Limited | ₹15.11 Lakh (FY 2023) | -26.0% | Bangalore, Karnataka, India | |||
| Microhaze Technologies Private Limited | ₹15.11 Lakh (FY 2022) | -53.0% | Bangalore, Karnataka, India | |||
| Precision Electronic Components Private Limited. | ₹15.1 Lakh (FY 2025) | 65.0% | Delhi, India | |||
| Airstacks Networks Private Limitedthis company | ₹15.1 Lakh (FY 2017) | ₹1.33 Lakh | 8.8% | 687.0% | Pune, Maharashtra, India | |
| Taw Designs Private Limited | ₹15.1 Lakh (FY 2019) | Pune, Maharashtra, India | ||||
| 2Tk Technologies Private Limited | ₹15.1 Lakh (FY 2024) | -23.0% | Hyderabad, Telangana, India | |||
| Xongl Cloud Private Limited | ₹15.1 Lakh (FY 2024) | 83.0% | Siliguri, West Bengal, India | |||
| Edyounet Teleclassrooms Limited | ₹15.08 Lakh (FY 2018) | -44.0% | Kochi, Kerala, India | |||
| Deccan Broadcasting (India) Private Limited | ₹15.07 Lakh (FY 2017) | -11.0% | Visakhapatnam, Andhra Pradesh, India |
To see the full peer comparison of Airstacks Networks Private Limited, buy the company report.
Auditor
Airstacks Networks Private Limited is audited by SUN SVG AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUN SVG AND ASSOCIATES | FY 2017 | 118693W |
Shareholding
The shareholding of Airstacks Networks 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 Airstacks Networks Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Airstacks Networks 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 Airstacks Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Airstacks Networks has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Airstacks Networks Private Limited, buy the company report.
Recent activity
Airstacks Networks Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Abhinav Wagadre ceased to be Additional Director on 18 Aug 2018.
Frequently asked questions
Airstacks Networks 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.
Airstacks Networks was a private limited company based in Pune, Maharashtra, India. The company worked in information technology services, within the service industry. It was incorporated on 23 September 2015 and is registered under CIN U72900PN2015PTC156545. The company has been struck off by the Registrar of Companies and is no longer operational.
Airstacks Networks had 2 directors:
- Ajay Gangadhar Thanage - Director
- Akshay Jayant Patil - Director
The CIN (Corporate Identification Number) of Airstacks Networks is U72900PN2015PTC156545. 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 Airstacks Networks is at B – 702 Palladion Balewadi, Pune, Maharashtra, India – 411045.
Airstacks Networks was incorporated on 23 September 2015. It is registered with the Registrar of Companies, Pune.
Airstacks Networks can be reached through the website airstacks.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Airstacks Networks on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from FY 2016 are in the company report.
No. Airstacks Networks has 1 GST registration on record and it is cancelled or inactive.
Airstacks Networks operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
The peers of Airstacks Networks by revenue are Clickrstop Software Solutions Private Limited, Oxysmart Private Limited, Razorbee Online Solutions Private Limited, Microhaze Technologies Private Limited, Precision Electronic Components Private Limited. and 5 more, all in the same principal business activity (other information & communication service activities).
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