SG Aerospace (India) Private Limited
About SG Aerospace (India) Private Limited
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SG Aerospace (India) Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Sitec Engineering Limited, United Kingdom. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2011FTC059722. Its GSTIN is 29AAQCS6991P2ZW (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14 Lakh. It is led by directors including Naveen Kumar Reddy Munnangi and Krstin R Patterson.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.51 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹4.31 Lakh (net margin 20.1%) and EBITDA of ₹9.62 Lakh (EBITDA margin 44.7%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 39% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
SG Aerospace (India) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressThe Pavillion 54/2 Church Street, Commercial Complex, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of SG Aerospace (India) 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
Business activity
The main business activity of SG Aerospace (India) is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of SG Aerospace (India) Private Limited, buy the company report.
Financials of SG Aerospace (India) Private Limited
FY 2025 filings availableSG Aerospace (India) Private Limited reported revenue of ₹21.51 Lakh (down 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 83% fall in the latest year. EBITDA fell 56% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.62 Lakh | ||||
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| Net Profit (PAT) | ₹4.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 44.7% | ||||
| Net Profit Margin | 20.1% | ||||
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To see the full financial statements and ratios of SG Aerospace (India) Private Limited, buy the company report.
Board of directors of SG Aerospace (India) Private Limited
SG Aerospace (India) has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Kumar Reddy Munnangi Also directs: Rhinestahl India Private Limited, Belcan India Private Limited | Director | 01 Feb 2019 | 7 Years 9 Months | Current |
| Krstin R Patterson Also directs: Belcan India Private Limited | Director | 17 Aug 2023 | 3 Years 2 Months | Current |
| Janaki Ramana Kumar Parimi Also directs: Belcan India Private Limited | Director | 26 Aug 2025 | 1 Years 2 Months | Current |
Auditor
SG Aerospace (India) Private Limited is audited by PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP | FY 2022 | 012754N/N500016 |
Shareholding
The shareholding of SG Aerospace (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SG Aerospace (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving SG Aerospace (India) 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
SG Aerospace (India) Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 12 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Opdesa Solutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of SG Aerospace (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
SG Aerospace (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCS6991P2ZW | Karnataka | Active | 22 Nov 2017 |
To see the full GST registrations and return filing status of SG Aerospace (India) Private Limited, buy the company report.
Recent activity
SG Aerospace (India) Private Limited has 12 board changes on record since 2019: 4 appointments and 8 cessations. The latest: Janaki Ramana Kumar Parimi ceased to be Additional Director on 29 Sep 2025.
3 earlier events are in the company report.
Frequently asked questions
SG Aerospace (India) is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 July 2011 (15+ years old) and is registered under CIN U93000KA2011FTC059722.
SG Aerospace (India) has 3 current directors:
- Naveen Kumar Reddy Munnangi - Director
- Krstin R Patterson - Director
- Janaki Ramana Kumar Parimi - Director
The latest financial statements of SG Aerospace (India) 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 2015 are in the company report.
The GSTIN of SG Aerospace (India) is 29AAQCS6991P2ZW, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of SG Aerospace (India) is U93000KA2011FTC059722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SG Aerospace (India) was incorporated on 26 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Janaki Ramana Kumar Parimi ceased to be Additional Director on 29 Sep 2025. Janaki Ramana Kumar Parimi was appointed as Director on 26 Aug 2025. Anand Anant Bhade ceased to be Director on 31 Jul 2025. SG Aerospace (India) has 12 board changes on record in total.
SG Aerospace (India) has 3 MSME Form 1 returns on record between 2019 and 2021, listing 12 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 May 2021.
The registered office of SG Aerospace (India) is at The Pavillion 542 Church Street, Commercial Complex, Bangalore, Karnataka, India – 560001.
SG Aerospace (India) operates in the information technology industry, in the application development and software solutions segment.
The compliance status of SG Aerospace (India) is compliant as of 10 September 2026. The company is actively filing with the Registrar of Companies.
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