
About Aerostrovilos Energy Private Limited
Data last updated:
Aerostrovilos Energy Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 12 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29308KA2017PTC104608. Its GSTIN is 33AAPCA7992M1ZU (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.49 Lakh. It is led by directors including Satyanarayanan Raghuraman Chakravarthy and Rohit Grover.
Its last annual general meeting (AGM) was held on 18 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #1207/343 & 1207/1/343/1 9th Main Road Above Hdfc Bank Sector 7 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.18 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹48.6 Lakh (net margin -229.4%) and EBITDA of -₹33.64 Lakh (EBITDA margin -158.8%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years.
The company is associated with 1 brand: Aerostrovilos. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.86 Cr; the latest was in November 2021. Its 10 peer companies in the Power industry (Power Equipment Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Titan Energy Systems Limited with revenue of ₹21.67 Lakh. The company has 5 MSME Form 1 returns on record between 2019 and 2022, listing 12 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aerostrovilos.com.
Company details
Recognitions & Rankings of Aerostrovilos Energy
Contact details
Aerostrovilos Energy Private Limited's registered office is in Bangalore, Karnataka. Its website is aerostrovilos.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#1207/343 & 1207/1/343/1 9th Main Road Above Hdfc Bank Sector 7 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Aerostrovilos Energy 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
Aerostrovilos Energy operates one associated brand: Aerostrovilos. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Micro gas turbines are developed for commercial vehicle powertrains. | aerostrovilos.com |
Financials of Aerostrovilos Energy Private Limited
FY 2023 filings availableAerostrovilos Energy Private Limited reported revenue of ₹21.18 Lakh (up 231% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 231% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA fell 121% 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 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 | ₹21.18 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹33.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48.6 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -158.8% | ||||
| Net Profit Margin | -229.4% | ||||
| 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 Aerostrovilos Energy Private Limited, buy the company report.
Board of directors of Aerostrovilos Energy Private Limited
Aerostrovilos Energy has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyanarayanan Raghuraman Chakravarthy Also directs: Amber Wings Private Limited, CRT Wings Private Limited, Ubifly Technologies Private Limited and 3 more | Director | 27 Jul 2017 | 9 Years 3 Months | Current |
| Mukesh Ahuja Also directs: X2fuels and Energy Private Limited, Shanthi Gears Limited, Tube Investments of India Limited and 5 more | Nominee Director | 24 Nov 2021 | 4 Years 11 Months | Current |
| Rohit Grover Also directs: Aerongen Technology Private Limited | Director | 12 Jul 2017 | 9 Years 4 Months | Current |
Peer comparison
Aerostrovilos Energy Private Limited is compared with the 10 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Titan Energy Systems Limited | ₹21.67 Lakh (FY 2018) | Telangana, India | ||||
| Hanu Green Energy Private Limited | ₹21.55 Lakh (FY 2025) | Palsana, Gujarat, India | ||||
| Anant Filter & Equipments Pvt Ltd | ₹21.53 Lakh (FY 2019) | -38.0% | 24 Parganas, West Bengal, India | |||
| Altenergy Technologies Private Limited | ₹21.22 Lakh (FY 2024) | -72.0% | Thane, Maharashtra, India | |||
| SG Renew Energy and Infra Services Private Limited | ₹21.21 Lakh (FY 2024) | 28.0% | New Delhi, Delhi, India | |||
| Aerostrovilos Energy Private Limitedthis company | ₹21.18 Lakh (FY 2023) | -₹48.6 Lakh | -229.4% | 231.0% | Bangalore, Karnataka, India | |
| Arhant Power Solutions Private Limited | ₹21.05 Lakh (FY 2025) | 25.0% | Vadodara, Gujarat, India | |||
| Jakson Green Sustainable Private Limited | ₹21.05 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Aban Batteries Private Limited | ₹21 Lakh (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Rakesh Electromagnetics Private Limited | ₹20.91 Lakh (FY 2024) | 95.0% | Pune, Maharashtra, India | |||
| Eylex Renewable Energy Private Limited | ₹20.88 Lakh (FY 2024) | -9.0% | Ranchi, Jharkhand, India |
To see the full peer comparison of Aerostrovilos Energy Private Limited, buy the company report.
Auditor
Aerostrovilos Energy Private Limited is audited by SANJIV SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJIV SHAH & ASSOCIATES | FY 2023 | 003572S |
Shareholding
The shareholding of Aerostrovilos Energy Private 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aerostrovilos Energy Private Limited, buy the company report.
Deals & funding
Aerostrovilos Energy Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.86 Cr; the latest was in November 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Funding round | ₹3.46 Cr | Investors: Cholamandalam Financial Holdings Limited |
| Jul 2020 | Funding round | ₹39.5 Lakh | Investors: Utsav Vinimay Private Limited , 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: IIT Madras Seller: 3 individuals |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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 Aerostrovilos Energy 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
Aerostrovilos Energy Private Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 12 overdue payments to 8 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 (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Rapid DMLS Inc | |||
| an individual supplier |
To see the full MSME payment records of Aerostrovilos Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Aerostrovilos Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAPCA7992M1ZU | Tamil Nadu | Active | 26 Jun 2018 |
To see the full GST registrations and return filing status of Aerostrovilos Energy Private Limited, buy the company report.
Recent activity
Aerostrovilos Energy Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Pradeep Thangappan ceased to be Director on 29 May 2024.
Frequently asked questions
Aerostrovilos Energy is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 12 July 2017 (9+ years old) and is registered under CIN U29308KA2017PTC104608.
Aerostrovilos Energy has 3 current directors:
- Satyanarayanan Raghuraman Chakravarthy - Director
- Mukesh Ahuja - Nominee Director
- Rohit Grover - Director
The latest financial statements of Aerostrovilos Energy on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 18 July 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Aerostrovilos Energy is 33AAPCA7992M1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Aerostrovilos Energy is U29308KA2017PTC104608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aerostrovilos Energy was incorporated on 12 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Aerostrovilos Energy has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.86 Cr; the latest was in November 2021.
The peers of Aerostrovilos Energy by revenue are Titan Energy Systems Limited, Hanu Green Energy Private Limited, Anant Filter & Equipments Pvt Ltd, Altenergy Technologies Private Limited, SG Renew Energy and Infra Services Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Pradeep Thangappan ceased to be Director on 29 May 2024. Mukesh Ahuja was appointed as Nominee Director on 24 Nov 2021. Satyanarayanan Raghuraman Chakravarthy was appointed as Director on 27 Jul 2017. Aerostrovilos Energy has 5 board changes on record in total.
Yes, Aerostrovilos Energy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Aerostrovilos Energy has 5 MSME Form 1 returns on record between 2019 and 2022, listing 12 overdue payments to 8 micro and small suppliers. The latest return was filed on 05 May 2022.
Aerostrovilos Energy can be reached through the website aerostrovilos.com. Its registered office is in Bangalore, Karnataka, India.

