About Aet Flexiblespace India Private Limited
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Aet Flexiblespace India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 05 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PTC189356. Its GSTIN is 27AAHCA5037H1ZQ (Maharashtra). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹3.4 Cr and a paid-up capital of ₹3.3 Cr. It is led by directors Mustufa Taiyebi Rasiwala (Whole-Time Director) and Nusrat Mustufa Rasiwala (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.31 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹96.13 Lakh (net margin 4.5%) and EBITDA of ₹1.83 Cr (EBITDA margin 8.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.98 Cr and satisfied charges of ₹15.58 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flexiblespace.in.
Company details
Contact details
Aet Flexiblespace India Private Limited's registered office is in Mumbai, Maharashtra. Its website is flexiblespace.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address1 R Shree Laxmi Industrial Premises Chsl Situated Laxmi Industrial Estate New Link Rd And, Heri (W), Mumbai, Maharashtra, India – 400053
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Aet Flexiblespace India 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
Business activity
The main business activity of Aet Flexiblespace India is information and communication. In detail, this covers other information & communication service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Aet Flexiblespace India Private Limited, buy the company report.
Financials of Aet Flexiblespace India Private Limited
FY 2025 filings availableAet Flexiblespace India Private Limited reported revenue of ₹21.31 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 40% 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 |
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| EBITDA | ₹1.83 Cr | ||||
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| Net Profit (PAT) | ₹96.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Aet Flexiblespace India Private Limited, buy the company report.
Board of directors of Aet Flexiblespace India Private Limited
Aet Flexiblespace India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mustufa Taiyebi Rasiwala Also directs: Indesine Space Solutions LLP, Indesine Hospitality Solutions LLP, Aet Building Products India Private Limited and 2 more | Whole-Time Director | 05 Jan 2009 | 17 Years 9 Months | Current |
| Nusrat Mustufa Rasiwala | Whole-Time Director | 07 May 2010 | 16 Years 5 Months | Current |
Auditor
Aet Flexiblespace India Private Limited is audited by SANJAY C SHAH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY C SHAH & ASSOCIATES | FY 2022 | 128148W |
Shareholding
The shareholding of Aet Flexiblespace India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aet Flexiblespace India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2026 | 101231087 | Hdfc Bank Limited | ₹4.98 Cr | Open | |
| 02 Jan 2020 | 100315393 | Others | ₹4 Cr | Open | |
| 02 Jan 2020 | 100315395 | Others | ₹1 Cr | Open | |
| 18 Oct 2021 | 100495555 | Others | ₹2.58 Cr | Satisfied | |
| 18 Jan 2021 | 100411928 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Aet Flexiblespace India Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Aet Flexiblespace India Private Limited has 2 court cases on record: 1 filed by Aet Flexiblespace India, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against Neev Interior Turnkey Solutions Pvt. Ltd., | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Aet Flexiblespace India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aet Flexiblespace India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aet Flexiblespace India Private Limited has a workforce of 65 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Aet Flexiblespace India has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA5037H1ZQ | Maharashtra | Active | 01 Jul 2017 |
| 07AAHCA5037H1ZS | Delhi | Active | 01 Jul 2017 |
| 29AAHCA5037H1ZM | Karnataka | Active | 01 Jul 2017 |
| 33AAHCA5037H1ZX | Tamil Nadu | Active | 15 Jun 2018 |
To see the full GST registrations and return filing status of Aet Flexiblespace India Private Limited, buy the company report.
Recent activity
Aet Flexiblespace India Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Vijay Raghunath Biwalkar ceased to be Director on 29 Dec 2021.
19 earlier events are in the company report.
Frequently asked questions
Aet Flexiblespace India is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 05 January 2009 (17+ years old) and is registered under CIN U74990MH2009PTC189356.
Aet Flexiblespace India has 2 current directors:
- Mustufa Taiyebi Rasiwala - Whole-Time Director
- Nusrat Mustufa Rasiwala - Whole-Time Director
The latest financial statements of Aet Flexiblespace India 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 2015 are in the company report.
The GSTIN of Aet Flexiblespace India is 27AAHCA5037H1ZQ, registered in Maharashtra. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAHCA5037H1ZS (Delhi), 29AAHCA5037H1ZM (Karnataka), 33AAHCA5037H1ZX (Tamil Nadu).
The CIN (Corporate Identification Number) of Aet Flexiblespace India is U74990MH2009PTC189356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aet Flexiblespace India has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Aet Flexiblespace India was incorporated on 05 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Vijay Raghunath Biwalkar ceased to be Director on 29 Dec 2021. Varsha Umesh Rao ceased to be Additional Director on 30 Mar 2021. Raghunath Mukunda Padhy ceased to be Director on 15 Sep 2018. Aet Flexiblespace India has 11 board changes on record in total.
Aet Flexiblespace India can be reached through the website flexiblespace.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Aet Flexiblespace India is at 1 R Shree Laxmi Industrial Premises Chsl Situated Laxmi Industrial Estate New Link Rd And, Heri W, Mumbai, Maharashtra, India – 400053.