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Aair Services Private Limited - e-commerce in Vijayanagara, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41.01 Lakh
▲ 369% YoY
Net loss · FY 2024
₹9.99 Lakh
Net margin -24.4%
EBITDA · FY 2024
-₹7.95 Lakh
EBITDA margin -19.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.02 Lakh
Issued & subscribed
Open charges
₹10.5 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Aair Services Private Limited
Data last updated:
Aair Services Private Limited is a private limited company based in Vijayanagara, Karnataka, India, recognised as a startup by DPIIT. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 30 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50300KA2021PTC150180. Its GSTIN is 29AAVCA5685K1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.02 Lakh. It is led by directors including Malur Basavaiah Shanmukha and Geetha Mahesh.
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 No 27 Anagha 4th Cross 1st Main Venkatshwara Layout Attiguppe, Vijayanagara, Karnataka, India – 560040.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.01 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.99 Lakh (net margin -24.4%) and EBITDA of -₹7.95 Lakh (EBITDA margin -19.4%).
The company is associated with 1 brand: AAIR. As per MCA filings, the company has open charges of ₹10.5 Lakh on record.
Aair Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0092947). For more details, the company can be reached via its website aairservices.com.
Company details
CIN U50300KA2021PTC150180
Registration Number 150180
Incorporation Date 30 July 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0092947
Key People
Malur Basavaiah Shanmukha Director Geetha Mahesh Director Saroja Vittinakoppa Matada Director Recognitions & Rankings of Aair Services
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0092947
Contact details
Aair Services Private Limited's registered office is in Vijayanagara, Karnataka. Its website is aairservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo 27 Anagha 4th Cross 1st Main Venkatshwara Layout Attiguppe, Vijayanagara, Karnataka, India – 560040
- IndustryE-Commerce, Online Automotive Platforms
To see the full contact details of Aair Services Private Limited, buy the company report.
Comprehensive company report
Aair Services 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
Aair Services operates one associated brand: AAIR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers roadside assistance, tyre puncture, battery jumpstart, and vehicle services. | aairservices.com |
Business activity
The main business activity of Aair Services is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Aair Services Private Limited, buy the company report.
Financials of Aair Services Private Limited
FY 2025 filings availableAair Services Private Limited reported revenue of ₹41.01 Lakh (up 369% YoY) for FY 2024.
Revenue · FY 2024
₹41.01 Lakh ▲ 369%
Net loss · FY 2024
₹9.99 Lakh margin -24.4%
EBITDA · FY 2024
-₹7.95 Lakh margin -19.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 369%
EBITDA CAGR growth
1 year
▲ 73%
Revenue rose 369% in the latest year. EBITDA rose 73% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹7.95 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹9.99 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -19.4% | ||
| Net Profit Margin | -24.4% | ||
| 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 Aair Services Private Limited, buy the company report.
Board of directors of Aair Services Private Limited
Aair Services has 3 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 |
|---|---|---|---|---|
| Malur Basavaiah Shanmukha | Director | 30 Jul 2021 | 5 Years 2 Months | Current |
| Geetha Mahesh | Director | 30 Jul 2021 | 5 Years 2 Months | Current |
| Saroja Vittinakoppa Matada | Director | 07 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Aair Services Private Limited is audited by JM Nagaraj & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JM Nagaraj & Associates | FY 2023 | 010687S |
Shareholding
The shareholding of Aair Services Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aair Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2025 | 101168874 | State Bank of India | ₹10.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aair Services 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 Aair Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aair Services Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Aair Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCA5685K1ZN | Karnataka | Active | 25 Oct 2021 |
To see the full GST registrations and return filing status of Aair Services Private Limited, buy the company report.
Recent activity
Aair Services Private Limited has 5 board changes on record since 2021: 3 appointments and 2 cessations. The latest: Saroja Vittinakoppa Matada ceased to be Additional Director on 29 Sep 2025.
AGM
Aair Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Saroja Vittinakoppa Matada ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 10.50 Lakh with Charge ID 101168874 was registered on 18 Sep 2025.
Filing
Aair Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Saroja Vittinakoppa Matada was appointed as Director.
Ceased
Malur Basavaiah Shanmukha ceased to be Director.
Appointed
Geetha Mahesh was appointed as Director.
Appointed
Malur Basavaiah Shanmukha was appointed as Director.
Incorporation
30 Jul 2021
Aair Services Private Limited was registered on 30 Jul 2021 with Roc Bangalore & aged 5 years 2 months as per MCA records.
Frequently asked questions
Aair Services is an active private limited company based in Vijayanagara, Karnataka, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 30 July 2021 (5+ years old) and is registered under CIN U50300KA2021PTC150180.
Aair Services has 3 current directors:
- Malur Basavaiah Shanmukha - Director
- Geetha Mahesh - Director
- Saroja Vittinakoppa Matada - Director
The latest financial statements of Aair Services 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 2022 are in the company report.
The GSTIN of Aair Services is 29AAVCA5685K1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Aair Services is U50300KA2021PTC150180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aair Services was incorporated on 30 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Saroja Vittinakoppa Matada ceased to be Additional Director on 29 Sep 2025. Saroja Vittinakoppa Matada was appointed as Director on 07 Mar 2025. Malur Basavaiah Shanmukha ceased to be Director on 01 Sep 2024. Aair Services has 5 board changes on record in total.
Yes, Aair Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aair Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0092947).
Aair Services can be reached through the website aairservices.com. Its registered office is in Vijayanagara, Karnataka, India.