MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0176288
Huviair Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹1.21 Cr
▲ 205% YoY
Net loss · FY 2022
₹3.76 Cr
Net margin -309.3%
EBITDA · FY 2022
-₹2.69 Cr
EBITDA margin -221.6%
Authorised capital
₹34 Lakh
Registered with MCA
Paid-up capital
₹1.8 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
43
Provident fund records
Directors on board
2
As per MCA filings
About Huviair Technologies Private Limited
Data last updated:
Huviair Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 05 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC094734. Its GSTIN is 29AADCH9176Q1ZK (Karnataka).
The company has an authorised share capital of ₹34 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors Arjun Janananda Panathale and Vikshut Mundkur.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Raja Sabha Municipal No 35 Kasturba Cross Road Off Lavelle Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.76 Cr (net margin -309.3%) and EBITDA of -₹2.69 Cr (EBITDA margin -221.6%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years and 113% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HUVIAiR. The company has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹27.77 Cr; the latest was in January 2022. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 14 overdue payments to 7 micro and small suppliers.
Huviair Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0176288). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website huviair.com.
Company details
CIN U74999KA2016PTC094734
Registration Number 094734
Incorporation Date 05 July 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0176288
Recognitions & Rankings of Huviair Technologies
Contact details
Huviair Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is huviair.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRaja Sabha Municipal No 35 Kasturba Cross Road Off Lavelle Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Huviair Technologies Private Limited, buy the company report.
Comprehensive company report
Huviair Technologies 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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Secure checkout · GST invoice included
Brands
Huviair Technologies operates one associated brand: HUVIAiR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered visual progress tracking is delivered for construction sites. | huviair.com |
Financials of Huviair Technologies Private Limited
FY 2024 filings availableHuviair Technologies Private Limited reported revenue of ₹1.21 Cr (up 205% YoY) for FY 2022.
Revenue · FY 2022
₹1.21 Cr ▲ 205%
Net loss · FY 2022
₹3.76 Cr margin -309.3%
EBITDA · FY 2022
-₹2.69 Cr margin -221.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 205%
3 years · compounded
▲ 90%
5 years · compounded
▲ 113%
Revenue has grown at a compounded annual rate (CAGR) of 113% over five years, including 205% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.76 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -221.6% | ||||
| Net Profit Margin | -309.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Huviair Technologies Private Limited, buy the company report.
Board of directors of Huviair Technologies Private Limited
Huviair Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Janananda Panathale | Director | 05 Jul 2016 | 10 Years 3 Months | Current |
| Vikshut Mundkur | Director | 05 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Huviair Technologies Private Limited is audited by KARTHIK S D & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARTHIK S D & CO | FY 2022 | 016806S |
Shareholding
The shareholding of Huviair Technologies Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Huviair Technologies Private Limited, buy the company report.
Deals & funding
Huviair Technologies Private Limited has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹27.77 Cr; the latest was in January 2022.
Total deals
9
Funding rounds
4
Secondary share transfers
4
Convertible or debt financing
1
Disclosed funding
₹27.77 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round · Series A | ₹24.67 Cr | Investors: Chiratae Ventures (IDG), RMZ Management LLP , SOSV |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Boeing Singapore Pte Limited |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jun 2019 | Funding round · Seed | ₹16 Lakh | Investors: RMZ Management LLP |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Huviair Technologies 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 Huviair Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Huviair Technologies Private Limited was last rated by Brickwork on 24 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 24 Feb 2020 |
To see the full credit ratings and regulatory alerts of Huviair Technologies Private Limited, buy the company report.
MSME payment delays
Huviair Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 14 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Deepak Niraj & Associates | |||
| an individual supplier | |||
| an individual supplier | |||
| Vast Tec | |||
| an individual supplier |
To see the full MSME payment records of Huviair Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Huviair Technologies Private Limited has a workforce of 43 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
43
Active EPFO establishments
1
Employee growth
-20.37%
GST
Huviair Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH9176Q1ZK | Karnataka | Active | 05 Oct 2017 |
To see the full GST registrations and return filing status of Huviair Technologies Private Limited, buy the company report.
Recent activity
Huviair Technologies Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Meenakshi Sundaram ceased to be Nominee Director on 23 May 2025.
Ceased
Meenakshi Sundaram ceased to be Nominee Director.
AGM
Huviair Technologies Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Filing
Huviair Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Hussain Mohammedi Vagh ceased to be Director.
Appointed
Arjun Janananda Panathale was appointed as Director.
Appointed
Vikshut Mundkur was appointed as Director.
Incorporation
05 Jul 2016
Huviair Technologies Private Limited was registered on 05 Jul 2016 with Roc Bangalore & aged 10 years 3 months as per MCA records.
Frequently asked questions
Huviair Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 05 July 2016 (10+ years old) and is registered under CIN U74999KA2016PTC094734.
Huviair Technologies has 2 current directors:
- Arjun Janananda Panathale - Director
- Vikshut Mundkur - Director
The latest financial statements of Huviair Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Huviair Technologies is 29AADCH9176Q1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Huviair Technologies is U74999KA2016PTC094734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Huviair Technologies was incorporated on 05 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Huviair Technologies has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹27.77 Cr; the latest was in January 2022.
Meenakshi Sundaram ceased to be Nominee Director on 23 May 2025. Hussain Mohammedi Vagh ceased to be Director on 15 Mar 2018. Arjun Janananda Panathale was appointed as Director on 05 Jul 2016. Huviair Technologies has 4 board changes on record in total.
Yes, Huviair Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0176288).
Huviair Technologies has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 14 overdue payments to 7 micro and small suppliers. The latest return was filed on 08 Dec 2023.
Huviair Technologies can be reached through the website huviair.com. Its registered office is in Bangalore, Karnataka, India.