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Ayati Devices Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.54 Cr
▲ 32% YoY
Net profit · FY 2024
₹6.16 Lakh
Net margin 2.4%
EBITDA · FY 2024
₹14.15 Lakh
EBITDA margin 5.6%
Authorised capital
₹6.2 Lakh
Registered with MCA
Paid-up capital
₹1.37 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Ayati Devices Private Limited
Data last updated:
Ayati Devices Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 09 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH2019PTC320905. Its GSTIN is 27AARCA9074A1ZH (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹6.2 Lakh and a paid-up capital of ₹1.37 Lakh. It is led by directors Rupesh Eknath Ghyar and Nishant Kathpal.
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 507/C Ecstasy Business Park City Of Joy Acc Road Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.54 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹6.16 Lakh (net margin 2.4%) and EBITDA of ₹14.15 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 509% over three years.
The company is associated with 2 brands: Ayati Devices and Vibrasense. The company has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹18.25 Cr; the latest was in August 2026.
Ayati Devices Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0078839). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ayatidevices.com.
Company details
CIN U29100MH2019PTC320905
Registration Number 320905
Incorporation Date 09 February 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0078839
Recognitions & Rankings of Ayati Devices
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0078839
Contact details
Ayati Devices Private Limited's registered office is in Mumbai, Maharashtra. Its website is ayatidevices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address507/C Ecstasy Business Park City Of Joy Acc Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Ayati Devices Private Limited, buy the company report.
Comprehensive company report
Ayati Devices 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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Brands
Ayati Devices operates two associated brands: Ayati Devices and Vibrasense. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Medical devices for diabetic neuropathy screening are developed. | ayatidevices.com | |
| Provider of portable and wireless diagnostic device that screens for peripheral neuropathy, a common complication of diabetes | vibrasense.in |
Business activity
The main business activity of Ayati Devices is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ayati Devices Private Limited, buy the company report.
Financials of Ayati Devices Private Limited
FY 2025 filings availableAyati Devices Private Limited reported revenue of ₹2.54 Cr (up 32% YoY) for FY 2024.
Revenue · FY 2024
₹2.54 Cr ▲ 32%
Net profit · FY 2024
₹6.16 Lakh margin 2.4%
EBITDA · FY 2024
₹14.15 Lakh margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 509%
EBITDA CAGR growth
1 year
▲ 317%
3 years · compounded
▲ 46%
Revenue has grown at a compounded annual rate (CAGR) of 509% over three years, including 32% growth in the latest year. EBITDA rose 317% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹14.15 Lakh | ||||
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| Net Profit (PAT) | ₹6.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Ayati Devices Private Limited, buy the company report.
Board of directors of Ayati Devices Private Limited
Ayati Devices has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupesh Eknath Ghyar Also directs: Sianj Innovative Solutions LLP, Necetive Globaltech Services LLP, Membrionyx Devices Private Limited and 5 more | Director | 09 Feb 2019 | 7 Years 8 Months | Current |
| Nishant Kathpal | Director | 09 Feb 2019 | 7 Years 8 Months | Current |
Auditor
Ayati Devices Private Limited is audited by N S R S & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S R S & Co. | FY 2023 | 136158W |
Shareholding
The shareholding of Ayati Devices Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ayati Devices Private Limited, buy the company report.
Deals & funding
Ayati Devices Private Limited has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹18.25 Cr; the latest was in August 2026.
Total deals
8
Funding rounds
6
Secondary share transfers
2
Disclosed funding
₹18.25 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Funding round · Pre-Series A | ₹15 Cr | Investors: Inflexor Ventures |
| May 2022 | Funding round | ₹1.15 Cr | Investors: IIT Bombay, 2 individuals |
| Mar 2022 | Funding round | ₹39.9 Lakh | Investors: DERBI Foundation |
| Dec 2021 | Funding round | ₹79.9 Lakh | Investors: Six Stage Ventures |
| Oct 2021 | Funding round | ₹70.1 Lakh | Investors: 3 individuals |
To see the full deal history of Ayati Devices Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ayati Devices 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 Ayati Devices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ayati Devices has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA9074A1ZH | Maharashtra | Active | 12 Apr 2019 |
| 29AARCA9074A1ZD | Karnataka | Active | 02 Feb 2022 |
To see the full GST registrations and return filing status of Ayati Devices Private Limited, buy the company report.
Recent activity
Ayati Devices Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Nishant Kathpal was appointed as Director on 09 Feb 2019.
AGM
Ayati Devices Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ayati Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Nishant Kathpal was appointed as Director.
Appointed
Rupesh Eknath Ghyar was appointed as Director.
Incorporation
09 Feb 2019
Ayati Devices Private Limited was registered on 09 Feb 2019 with Roc Mumbai I & aged 7 years 8 months as per MCA records.
Frequently asked questions
Ayati Devices is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 09 February 2019 (7+ years old) and is registered under CIN U29100MH2019PTC320905.
Ayati Devices has 2 current directors:
- Rupesh Eknath Ghyar - Director
- Nishant Kathpal - Director
The latest financial statements of Ayati Devices on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ayati Devices is 27AARCA9074A1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AARCA9074A1ZD (Karnataka).
The CIN (Corporate Identification Number) of Ayati Devices is U29100MH2019PTC320905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ayati Devices was incorporated on 09 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Ayati Devices has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹18.25 Cr; the latest was in August 2026.
Nishant Kathpal was appointed as Director on 09 Feb 2019. Rupesh Eknath Ghyar was appointed as Director on 09 Feb 2019.
Yes, Ayati Devices is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ayati Devices is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0078839).