MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0036263
Air Design Hvac Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹31 Cr
▲ 40% YoY
Net profit · FY 2024
₹98.57 Lakh
Net margin 3.2%
EBITDA · FY 2024
₹1.97 Cr
EBITDA margin 6.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹15.6 Cr
Satisfied ₹50.25 Lakh
Company age
12 yrs
Est. 2014
Employees · EPFO
42
Provident fund records
About Air Design Hvac Private Limited
Data last updated:
Air Design Hvac Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 20 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC253443. Its GSTIN is 27AAMCA4445L1ZA (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Irfan Ahmed Raees Ahmed Siddique (Managing Director) and Imran Siddique.
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 2024, the company reported a revenue of ₹31 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹98.57 Lakh (net margin 3.2%) and EBITDA of ₹1.97 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 17% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.6 Cr and satisfied charges of ₹50.25 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Air Design Hvac Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0036263). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airdesign.co.in.
Company details
CIN U74999MH2014PTC253443
Registration Number 253443
Incorporation Date 20 February 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0036263
Recognitions & Rankings of Air Design Hvac
Contact details
Air Design Hvac Private Limited's registered office is in Mumbai, Maharashtra. Its website is airdesign.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.507 Wing B Kohinoor City Wing A Office Area, Industrial Estate And Premises Chsl Kohinoor City Mall Lbs Road, Mumbai, Maharashtra, India – 400070
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Air Design Hvac Private Limited, buy the company report.
Comprehensive company report
Air Design Hvac 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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Financials of Air Design Hvac Private Limited
FY 2025 filings availableAir Design Hvac Private Limited reported revenue of ₹31 Cr (up 40% YoY) for FY 2024.
Revenue · FY 2024
₹31 Cr ▲ 40%
Net profit · FY 2024
₹98.57 Lakh margin 3.2%
EBITDA · FY 2024
₹1.97 Cr margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 51%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 135%
3 years · compounded
▲ 86%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 40% growth in the latest year. EBITDA rose 135% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹98.57 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 Air Design Hvac Private Limited, buy the company report.
Board of directors of Air Design Hvac Private Limited
Air Design Hvac has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Imran Siddique | Director | 20 Feb 2014 | 12 Years 8 Months | Current |
| Irfan Ahmed Raees Ahmed Siddique | Managing Director | 20 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Air Design Hvac Private Limited is audited by RAHUL KURMI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL KURMI & CO. | FY 2023 | 134869 |
Shareholding
The shareholding of Air Design Hvac 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Air Design Hvac Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.6 Cr
Satisfied charges
₹50.25 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2025 | 101041852 | Axis Bank Limited | ₹6.7 Cr | Open | |
| 30 Mar 2024 | 100916185 | Others | ₹5 Cr | Open | |
| 22 Mar 2024 | 100900848 | Others | ₹1 Cr | Open | |
| 27 Mar 2023 | 100712706 | Others | ₹1.95 Cr | Open | |
| 29 Jun 2020 | 100353640 | Standard Chartered Bank | ₹15.2 Lakh | Open |
To see the full charge records of Air Design Hvac Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Air Design Hvac Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by L.A L/ Ward (License Department) | Disposed |
To see the full case history of Air Design Hvac 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
Air Design Hvac Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 5 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Crystal Air Systems | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Air Design Hvac Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Air Design Hvac Private Limited has a workforce of 42 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
42
Active EPFO establishments
1
Employee growth
2.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 42 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Air Design Hvac Private Limited, buy the company report.
GST
Air Design Hvac has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCA4445L1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Air Design Hvac Private Limited, buy the company report.
Recent activity
Air Design Hvac Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Imran Siddique was appointed as Director on 20 Feb 2014.
AGM
Air Design Hvac Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Air Design Hvac Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Axis Bank Limited of Rs. 670.00 Lakh registered on 27 Jan 2025 with Charge ID 101041852 was modified on 13 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 670.00 Lakh with Charge ID 101041852 was registered on 27 Jan 2025.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100916185 was registered on 30 Mar 2024.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100900848 was registered on 22 Mar 2024.
Charges
A charge with Others amounted to Rs. 195.00 Lakh with Charge ID 100712706 was registered on 27 Mar 2023.
Charges
A charge registered on 24 Jun 2019 via Charge ID 100271244 with Hdfc Bank Limited was fully satisfied on 05 Apr 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 50.25 Lakh registered on 24 Jun 2019 with Charge ID 100271244 was modified on 24 Dec 2020.
Charges
A charge with Standard Chartered Bank amounted to Rs. 15.20 Lakh with Charge ID 100353640 was registered on 29 Jun 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.25 Lakh with Charge ID 100271244 was registered on 24 Jun 2019.
Charges
A charge with Standard Chartered Bank amounted to Rs. 80.00 Lakh with Charge ID 100181305 was registered on 05 Jun 2018.
3 earlier events are in the company report.
Frequently asked questions
Air Design Hvac is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 20 February 2014 (12+ years old) and is registered under CIN U74999MH2014PTC253443.
Air Design Hvac has 2 current directors:
- Irfan Ahmed Raees Ahmed Siddique - Managing Director
- Imran Siddique - Director
The latest financial statements of Air Design Hvac 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 Air Design Hvac is 27AAMCA4445L1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Air Design Hvac is U74999MH2014PTC253443. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Air Design Hvac has 1 court case on record: 1 filed against it.
Air Design Hvac was incorporated on 20 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Imran Siddique was appointed as Director on 20 Feb 2014. Irfan Ahmed Raees Ahmed Siddique was appointed as Managing Director on 20 Feb 2014.
Yes, Air Design Hvac is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0036263).
Air Design Hvac has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 May 2019.
Air Design Hvac can be reached through the website airdesign.co.in. Its registered office is in Mumbai, Maharashtra, India.
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