About Aaidea Solutions Limited
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Aaidea Solutions Limited is a public limited company based in Gurgaon, Haryana, India, a subsidiary of Reliance Retail Ventures Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52590HR2015PLC057185. Its GSTIN is 06AANCA8956D1ZE (Haryana). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹45.1 Lakh and a paid-up capital of ₹3.88 Lakh. It was formerly known as Aaidea Solutions Private Limited. It is led by directors including Radhika Rohidas Disale and Dhirendra Harilal Shah.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 65, Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.56 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹3.73 Cr (net margin 6%) and EBITDA of ₹15.1 Cr (EBITDA margin 24.1%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 28% over five years.
The company has about 250 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Milkbasket. As per MCA filings, the company has satisfied charges of ₹25 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 19 deals on record (10 secondary share transfers, 7 funding rounds, 1 acquisition), with disclosed funding of ₹219.98 Cr; the latest was in March 2024. Its 10 peer companies in the same principal business activity (other support services to organizations) are compared by revenue, 5 larger and 5 smaller; the largest is Orange Productions Private Limited with revenue of ₹62.67 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milkbasket.com.
Company details
CIN history
Aaidea Solutions has one previous CIN (Corporate Identification Number): U52590HR2015PTC057185. The current CIN is U52590HR2015PLC057185, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52590HR2015PLC057185 | Current |
| U52590HR2015PTC057185 | Previous |
Contact details
Aaidea Solutions Limited's registered office is in Gurgaon, Haryana. Its website is milkbasket.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSplendor Trade Tower Fifth Floor Village Tigra, Golf Course Extension Road Sector 65, Gurgaon, Haryana, India – 122018
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Aaidea Solutions 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
Aaidea Solutions operates one associated brand: Milkbasket. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Daily grocery essentials are delivered through an online subscription platform. | milkbasket.com |
Business activity
The main business activity of Aaidea Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Aaidea Solutions Limited, buy the company report.
Financials of Aaidea Solutions Limited
FY 2025 filings availableAaidea Solutions Limited reported revenue of ₹62.56 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 22% fall in the latest year. EBITDA fell 39% 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 | ₹15.1 Cr | ||||
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| Net Profit (PAT) | ₹3.73 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.1% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Aaidea Solutions Limited, buy the company report.
Board of directors of Aaidea Solutions Limited
Aaidea Solutions has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Aaidea Solutions Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orange Productions Private Limited | ₹62.67 Cr (FY 2025) | 117.0% | New Delhi, Delhi, India | |||
| Mckesson Compile India Private Limited | ₹62.67 Cr (FY 2025) | -46.0% | Bangalore, Karnataka, India | |||
| Github India Private Limited | ₹62.63 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Dexpro Logistics Private Limited | ₹62.63 Cr (FY 2024) | 63.0% | Mumbai, Maharashtra, India | |||
| Advarra India Private Limited | ₹62.58 Cr (FY 2025) | 55.0% | Bengaluru, Karnataka, India | |||
| Aaidea Solutions Limitedthis company | ₹62.56 Cr (FY 2025) | ₹3.73 Cr | 6% | -22.0% | 250 | Gurgaon, Haryana, India |
| Bhagwati Autozone Private Limited | ₹62.53 Cr (FY 2025) | 7.0% | Amritsar, Punjab, India | |||
| Isobar Commerce India Private Limited | ₹62.36 Cr (FY 2025) | -14.0% | Pune, Maharashtra, India | |||
| Packfora Solutions Private Limited | ₹62.29 Cr (FY 2025) | 100.0% | Mumbai, Maharashtra, India | |||
| Pinebridge Investments Capital India Private Limited | ₹62.21 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Automotive Component Manufacturers Association of India | ₹62.05 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India |
To see the full peer comparison of Aaidea Solutions Limited, buy the company report.
Auditor
Aaidea Solutions Limited is audited by Deloitte Haskins and Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins and Sells LLP | FY 2023 | 117366W/W- 100018 |
Shareholding
The shareholding of Aaidea Solutions Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aaidea Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2021 | 100447110 | Others | ₹10 Cr | Satisfied | |
| 21 Jun 2019 | 100274995 | Others | ₹15 Cr | Satisfied |
To see the full charge records of Aaidea Solutions Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Aaidea Solutions Limited has 19 deals on record (10 secondary share transfers, 7 funding rounds, 1 acquisition), with disclosed funding of ₹219.98 Cr; the latest was in March 2024.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Reliance Retail Ventures Limited Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: MN Televentures Private Limited , Sumil Trading Private Limited Seller: Kalaari Capital, Arvi Associates Private Limited |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Blume Ventures Seller: Campus Eai India Private Limited , 3 individuals |
| May 2016 | Funding round · Seed | ₹2.5 Cr | Investors: Campus Eai India Private Limited , Zhongya Pte Ltd, 2 individuals |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Paperkite Research & Technology Private Limited , 3 individuals Seller: 2 individuals |
To see the full deal history of Aaidea Solutions 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
Aaidea Solutions Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Company petition | Filed against the company by MN Televentures Private Limited | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by The Registrar of Companies | Pending |
To see the full case history of Aaidea Solutions Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aaidea Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aaidea Solutions Limited has a workforce of 250 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Aaidea Solutions has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AANCA8956D1ZE | Haryana | Active | 01 Jul 2017 |
| 06AANCA8956D2ZD | Haryana | Active | 24 Oct 2018 |
| 09AANCA8956D1Z8 | Uttar Pradesh | Active | 08 Oct 2018 |
| 29AANCA8956D1Z6 | Karnataka | Active | 06 Dec 2018 |
To see the full GST registrations and return filing status of Aaidea Solutions Limited, buy the company report.
Recent activity
Aaidea Solutions Limited has 18 board changes on record since 2016: 5 appointments and 13 cessations. The latest: Chandrakant Shripad Gokhale ceased to be Additional Director on 29 Nov 2021.
13 earlier events are in the company report.
News
Frequently asked questions
Aaidea Solutions is an active public limited company based in Gurgaon, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 November 2015 (11+ years old) and is registered under CIN U52590HR2015PLC057185.
Aaidea Solutions has 5 current directors:
- Radhika Rohidas Disale - Director
- Dhirendra Harilal Shah - Director
- Chandrakant Shripad Gokhale - Director
- Rajendra Madhav Kamath - Director
- Nikhil Chakrapani Suryanarayana Kavipurapu - Director
The latest financial statements of Aaidea Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Aaidea Solutions is 06AANCA8956D1ZE, registered in Haryana. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 06AANCA8956D2ZD (Haryana), 09AANCA8956D1Z8 (Uttar Pradesh), 29AANCA8956D1Z6 (Karnataka).
The CIN (Corporate Identification Number) of Aaidea Solutions is U52590HR2015PLC057185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aaidea Solutions has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Aaidea Solutions was incorporated on 05 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Aaidea Solutions has 19 deals on record (10 secondary share transfers, 7 funding rounds, 1 acquisition), with disclosed funding of ₹219.98 Cr; the latest was in March 2024.
The peers of Aaidea Solutions by revenue are Orange Productions Private Limited, Mckesson Compile India Private Limited, Github India Private Limited, Dexpro Logistics Private Limited, Advarra India Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Chandrakant Shripad Gokhale ceased to be Additional Director on 29 Nov 2021. Dhirendra Harilal Shah ceased to be Additional Director on 29 Nov 2021. Nikhil Chakrapani Suryanarayana Kavipurapu ceased to be Additional Director on 29 Nov 2021. Aaidea Solutions has 18 board changes on record in total.
Aaidea Solutions can be reached through the website milkbasket.com. Its registered office is in Gurgaon, Haryana, India.
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