
About Aanvii Hearing Solutions Private Limited
Data last updated:
Aanvii Hearing Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the hearing and speech therapy clinics segment of the healthcare sector. It was incorporated on 18 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2019PTC123536. Its GSTIN is 29AASCA1871C1ZJ (Karnataka). The company holds 14 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.76 Cr. It is led by directors Parag Bipinchand Shah and Aarti Vishal Shah.
Its last annual general meeting (AGM) was held on 16 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 ₹73.6 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Cr (net margin 2.1%) and EBITDA of ₹3.35 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 39% over five years.
The company has about 149 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aanvii Hearing. As per MCA filings, the company has open charges of ₹1.9 Cr and satisfied charges of ₹1.9 Cr on record. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹7.75 Cr; the latest was in December 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aanviihearing.com.
Company details
Recognitions & Rankings of Aanvii Hearing Solutions
Contact details
Aanvii Hearing Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is aanviihearing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.78/1 – 3 3rd & 4th Floor Magadi Main Road, Next To Magadi Road Metro Station Opp. Pillar No.234, Bangalore, Karnataka, India – 560023
- IndustryHealthcare, Hearing & Speech Therapy Clinics
To see the full contact details of Aanvii Hearing Solutions 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
Brands
Aanvii Hearing Solutions operates one associated brand: Aanvii Hearing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers hearing aids, online tests, consultations, and clinic services in India. | aanviihearing.com |
Business activity
The main business activity of Aanvii Hearing Solutions is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Aanvii Hearing Solutions Private Limited, buy the company report.
Financials of Aanvii Hearing Solutions Private Limited
FY 2025 filings availableAanvii Hearing Solutions Private Limited reported revenue of ₹73.6 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 14% growth in the latest year. EBITDA rose 30% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.54 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 Aanvii Hearing Solutions Private Limited, buy the company report.
Board of directors and KMP of Aanvii Hearing Solutions Private Limited
Aanvii Hearing Solutions Private Limited currently reports 2 directors and 1 key managerial person. 2 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Bipinchand Shah | Director | 18 Apr 2019 | 7 Years 6 Months | Current |
| Aarti Vishal Shah | Director | 18 Apr 2019 | 7 Years 6 Months | Current |
| Vishal Bipinchand Shah Also directs: Inspire Salt Studios Private Limited | Ceo | 15 Nov 2023 | 2 Years 11 Months | Current |
Auditor
Aanvii Hearing Solutions Private Limited is audited by Hareesh & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hareesh & Co | FY 2023 |
Shareholding
The shareholding of Aanvii Hearing Solutions 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aanvii Hearing Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2023 | 100805190 | Others | ₹1.9 Cr | Satisfied |
To see the full charge records of Aanvii Hearing Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Aanvii Hearing Solutions Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹7.75 Cr; the latest was in December 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| May 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Nov 2019 | Funding round | ₹7.75 Cr | Investors: 4 individuals |
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 Aanvii Hearing Solutions 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 Aanvii Hearing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aanvii Hearing Solutions Private Limited has a workforce of 149 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Aanvii Hearing Solutions has 14 GST registrations: 10 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCA1871C1ZJ | Karnataka | Active | 28 Jun 2019 |
| 29AASCA1871C2ZI | Karnataka | Active | 15 Mar 2025 |
| 33AASCA1871C1ZU | Tamil Nadu | Active | 10 Aug 2019 |
| 24AASCA1871C1ZT | Gujarat | Active | 13 Aug 2019 |
To see the full GST registrations and return filing status of Aanvii Hearing Solutions Private Limited, buy the company report.
Recent activity
Aanvii Hearing Solutions Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Vishal Bipinchand Shah was appointed as CEO on 15 Nov 2023.
Frequently asked questions
Aanvii Hearing Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in hearing and speech therapy clinics, within the healthcare industry. It was incorporated on 18 April 2019 (7+ years old) and is registered under CIN U29309KA2019PTC123536.
Aanvii Hearing Solutions has 3 current directors and KMP:
- Parag Bipinchand Shah - Director
- Aarti Vishal Shah - Director
- Vishal Bipinchand Shah - Ceo
The latest financial statements of Aanvii Hearing Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Aanvii Hearing Solutions is 29AASCA1871C1ZJ, registered in Karnataka. The company has 14 GST registrations in all, of which 10 are active and 4 are cancelled or inactive. Other active GSTINs include 29AASCA1871C2ZI (Karnataka), 33AASCA1871C1ZU (Tamil Nadu), 24AASCA1871C1ZT (Gujarat).
The CIN (Corporate Identification Number) of Aanvii Hearing Solutions is U29309KA2019PTC123536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aanvii Hearing Solutions was incorporated on 18 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Aanvii Hearing Solutions has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹7.75 Cr; the latest was in December 2021.
Vishal Bipinchand Shah was appointed as CEO on 15 Nov 2023. Vishal Bipinchand Shah ceased to be Managing Director on 15 Nov 2023. Prashanth Kumar Navanitray Shah ceased to be Additional Director on 23 Dec 2020. Aanvii Hearing Solutions has 5 board changes on record in total.
Yes, Aanvii Hearing Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Aanvii Hearing Solutions can be reached through the website aanviihearing.com. Its registered office is in Bangalore, Karnataka, India.

