Aero Developers Private Limited
About Aero Developers Private Limited
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Aero Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 20 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2012PTC239003.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Virendra Jain and Ankit Virendra Jain.
Its last annual general meeting (AGM) was held on 23 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹18,827, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹1.47 Lakh and EBITDA of -₹1.45 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address102 Floor – 10 Plot – 220, Maker Chamber VI Jamnalal Bajaj Marg, Mumbai, Maharashtra, India – 400021
- IndustryInfrastructure and Utilities, General Construction Services
- 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
- One PDF report, delivered after checkout
Financials of Aero Developers Private Limited FY 2023 filings available
Aero Developers Private Limited reported revenue of ₹18,827 (down 38% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Aero Developers Private Limited
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. 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 of Aero Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹18,827 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.47 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 of Aero Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aero Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aero Developers Private Limited
Aero Developers Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tirumala Infinity Private Limited | ₹19,000 (FY 2025) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Krystal Premier Properties Private Limited | ₹19,000 (FY 2024) | •••• | •••• | 58.0% | •••• | Siliguri, West Bengal, India |
| Kastella International Private Limited | ₹19,000 (FY 2022) | •••• | •••• | •••• | Dhanbad, Jharkhand, India | |
| BRD Realbuild Private Limited | ₹18,920 (FY 2022) | •••• | •••• | -100.0% | •••• | Indore, Madhya Pradesh, India |
| Yarmouth Realty Private Limited | ₹18,831 (FY 2024) | •••• | •••• | -35.0% | •••• | Gandhidham, Gujarat, India |
| Aero Developers Private Limited this company | ₹18,827 (FY 2023) | •••• | •••• | -38.0% | •••• | Mumbai, Maharashtra, India |
| Swarnabarsa Realcon Private Limited | ₹18,820 (FY 2024) | •••• | •••• | -73.0% | •••• | Kolkata, West Bengal, India |
| Asr Incon Private Limited | ₹18,743 (FY 2025) | •••• | •••• | -100.0% | •••• | Khardah, West Bengal, India |
| Ritu Bull Private Limited | ₹18,717 (FY 2025) | •••• | •••• | •••• | Kanpur, Uttar Pradesh, India | |
| Matribhumi Promoters Private Limited | ₹18,502 (FY 2022) | •••• | •••• | -22.0% | •••• | Kolkata, West Bengal, India |
| Laxmi Infraspace Private Limited | ₹18,500 (FY 2024) | •••• | •••• | 414.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Aero Developers by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aero Developers Private Limited
Aero Developers Private Limited is audited by H C Shah & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H C Shah & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aero Developers Private Limited
Aero Developers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virendra Jain Also directs: Jai Corp Limited, Techfab (India) Industries Limited, Elixrr Industries Private Limited and 5 more | Director | 20 Dec 2012 | 13 Years 9 Months | Current |
| Ankit Virendra Jain Also directs: Ribotl Solutions Private Limited, Kamachi Industries Limited, Hide-N-Chic Furniture Private Limited and 5 more | Director | 20 Dec 2012 | 13 Years 9 Months | Current |
| Kritika Ashish Patel | Additional Director | 12 Sep 2025 | 1 Years 0 Months | Current |
Ownership and Shareholding of Aero Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aero Developers Private Limited
Aero Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aero Developers Private Limited
Employment history and EPFO contributions of people linked to Aero Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aero Developers Private Limited
Aero Developers Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Kritika Ashish Patel was appointed as Additional Director on 12 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Aero Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aero Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aero Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aero Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aero Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aero Developers Private Limited
Aero Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 20 December 2012 (14+ years old) and is registered under CIN U70102MH2012PTC239003.
Aero Developers reported revenue of ₹18,827 for FY 2023 (down 38% YoY).
Aero Developers has 3 current directors:
- Virendra Jain - Director
- Ankit Virendra Jain - Director
- Kritika Ashish Patel - Additional Director
Aero Developers reported a net loss of ₹1.47 Lakh and EBITDA of -₹1.45 Lakh for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aero Developers is -11% over three years and 7% over five years. In the latest year (FY 2023) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Aero Developers is U70102MH2012PTC239003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aero Developers was incorporated on 20 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aero Developers by revenue are Tirumala Infinity Private Limited, Krystal Premier Properties Private Limited, Kastella International Private Limited, BRD Realbuild Private Limited, Yarmouth Realty Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Kritika Ashish Patel was appointed as Additional Director on 12 Sep 2025. Ankit Virendra Jain was appointed as Director on 20 Dec 2012. Virendra Jain was appointed as Director on 20 Dec 2012.
Yes, Aero Developers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Aero Developers is at 102 Floor – 10 Plot – 220, Maker Chamber VI Jamnalal Bajaj Marg, Mumbai, Maharashtra, India – 400021.