Aakashe Innovations Private Limited

Aakashe Innovations Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2018PTC315981 Incorporated 18 October 2018 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2023
₹1.52 Cr
▼ 46% YoY
Net loss · FY 2023
₹3.17 Cr
Net margin -208.8%
EBITDA · FY 2023
-₹2.95 Cr
EBITDA margin -193.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
60
Provident fund records
Directors on board
3
As per MCA filings

About Aakashe Innovations Private Limited

Data last updated:

Aakashe Innovations Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the geographic information system (gis) solutions segment of the technology and IT services sector. It was incorporated on 18 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2018PTC315981. Its GSTIN is 27AAECH6895F1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ankush Pulakesh Sengupta and Shankar Guru Chidambar Dixit.

Its last annual general meeting (AGM) was held on 26 April 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Office No. 204 2nd Floor Opal Square Plot No.C – 1 Road No.1 Wagle Estate Mi, Dc Thane, Maharashtra, India – 400604.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.52 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹3.17 Cr (net margin -208.8%) and EBITDA of -₹2.95 Cr (EBITDA margin -193.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.

The company has about 60 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: Aakashe, Hella Infratech and Infra.Market.

Aakashe Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0095130). For more details, the company can be reached via its website hellainfratech.com.

Company details

CIN U72900MH2018PTC315981
Registration Number 315981
Incorporation Date 18 October 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 April 2024
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0095130

Recognitions & Rankings of Aakashe Innovations

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-33-0095130

Contact details

Aakashe Innovations Private Limited's registered office is in Thane, Maharashtra. Its website is hellainfratech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No. 204 2nd Floor Opal Square Plot No.C – 1 Road No.1 Wagle Estate Mi, Dc Thane, Maharashtra, India – 400604
  • Industry
    Information Technology, Geographic Information System (GIS) Solutions

To see the full contact details of Aakashe Innovations Private Limited, buy the company report.

Comprehensive company report
Aakashe Innovations 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

Aakashe Innovations operates multiple associated brands including Aakashe, Hella Infratech, and Infra.Market. Each brand links to its own profile.

BrandDescriptionWebsite
Offers software for advanced drone imagery and analysis services.aakashe.com
Aakashe is involved in potato farming, grain marketing, and equipment services.hellainfratech.com
Digital procurement and supply solutions for construction materials are facilitated.infra.market

Business activity

The main business activity of Aakashe Innovations is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Aakashe Innovations Private Limited, buy the company report.

Financials of Aakashe Innovations Private Limited

FY 2023 filings available

Aakashe Innovations Private Limited reported revenue of ₹1.52 Cr (down 46% YoY) for FY 2023.

Revenue · FY 2023
₹1.52 Cr ▼ 46%
Net loss · FY 2023
₹3.17 Cr margin -208.8%
EBITDA · FY 2023
-₹2.95 Cr margin -193.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 761%
3 years · compounded
▼ 211%

Revenue fell 46% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 761% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹1.52 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹2.95 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.17 Cr
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-193.8%
Net Profit Margin-208.8%
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 Aakashe Innovations Private Limited, buy the company report.

Board of directors of Aakashe Innovations Private Limited

Aakashe Innovations has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ankush Pulakesh SenguptaDirector18 Oct 20188 Years 0 MonthsCurrent
Shankar Guru Chidambar DixitDirector27 Nov 20187 Years 11 MonthsCurrent
Vipul BhatiDirector27 Nov 20187 Years 11 MonthsCurrent

Auditor

Aakashe Innovations Private Limited is audited by Kadaya & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Kadaya & AssociatesFY 2023152029W

Shareholding

The shareholding of Aakashe Innovations 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 categoryFY 2023FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aakashe Innovations Private Limited, buy the company report.

MSME payment delays

Aakashe Innovations Private Limited has 4 MSME Form 1 returns on record between 2021 and 2022, listing 5 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
Psbedi Securecom Private Limited
an individual supplier
Mapx Technology

To see the full MSME payment records of Aakashe Innovations Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Aakashe Innovations Private Limited has a workforce of 60 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
60
Active EPFO establishments
1
Employee growth
42.86%

GST

Aakashe Innovations has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAECH6895F1Z6MaharashtraActive14 Nov 2018
21AAECH6895F1ZIOdishaActive08 Sep 2022

To see the full GST registrations and return filing status of Aakashe Innovations Private Limited, buy the company report.

Recent activity

Aakashe Innovations Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Nikhita Aaditya Sharda ceased to be Director on 17 Mar 2022.

AGM
Aakashe Innovations Private Limited last Annual general meeting of members was held on 26 Apr 2024 as per latest MCA records.
Filing
Aakashe Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Nikhita Aaditya Sharda ceased to be Director.
Ceased
Shankar Guru Chidambar Dixit ceased to be Additional Director.
Ceased
Vipul Bhati ceased to be Additional Director.
Appointed
Shankar Guru Chidambar Dixit was appointed as Director.
Appointed
Vipul Bhati was appointed as Director.
Appointed
Ankush Pulakesh Sengupta was appointed as Director.
Incorporation
18 Oct 2018
Aakashe Innovations Private Limited was registered on 18 Oct 2018 with Roc Mumbai & aged 8 years 16 days as per MCA records.

Frequently asked questions

Aakashe Innovations is an active private limited company based in Thane, Maharashtra, India. The company works in geographic information system (gis) solutions, within the information technology industry. It was incorporated on 18 October 2018 (8+ years old) and is registered under CIN U72900MH2018PTC315981.

Aakashe Innovations has 3 current directors:

The latest financial statements of Aakashe Innovations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 26 April 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Aakashe Innovations is 27AAECH6895F1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AAECH6895F1ZI (Odisha).

The CIN (Corporate Identification Number) of Aakashe Innovations is U72900MH2018PTC315981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aakashe Innovations was incorporated on 18 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

Nikhita Aaditya Sharda ceased to be Director on 17 Mar 2022. Shankar Guru Chidambar Dixit ceased to be Additional Director on 30 Dec 2019. Vipul Bhati ceased to be Additional Director on 30 Dec 2019. Aakashe Innovations has 6 board changes on record in total.

Yes, Aakashe Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0095130).

Aakashe Innovations has 4 MSME Form 1 returns on record between 2021 and 2022, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 07 Feb 2024.

Aakashe Innovations can be reached through the website hellainfratech.com. Its registered office is in Thane, Maharashtra, India.

The registered office of Aakashe Innovations is at Office No. 204 2nd Floor Opal Square Plot No.C – 1 Road No.1 Wagle Estate Mi, Dc Thane, Maharashtra, India – 400604.