Air & Technology Solutions Private Limited
About Air & Technology Solutions Private Limited
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Air & Technology Solutions Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the business process outsourcing sector. It was incorporated on 15 September 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2014PTC271592. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Yash Malhotra and Karan Vij.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Wz – 47 Mukharjee Park Tilak Nagar, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2019, the company reported a revenue of ₹62.02 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹59,520 (net margin 1%) and EBITDA of ₹1.52 Lakh (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
The company had about 23 employees on its provident fund (EPFO) records before it was struck off.
Company details
Contact details
Air & Technology Solutions Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWz – 47 Mukharjee Park Tilak Nagar, New Delhi, Delhi, India – 110018
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Air & Technology 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
Business activity
The main business activity of Air & Technology Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Air & Technology Solutions Private Limited, buy the company report.
Financials of Air & Technology Solutions Private Limited
FY 2019 filings availableAir & Technology Solutions Private Limited reported revenue of ₹62.02 Lakh (down 55% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 55% fall in the latest year. EBITDA fell 62% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Revenue | ₹62.02 Lakh | ||||
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| EBITDA | ₹1.52 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹59,520 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Air & Technology Solutions Private Limited, buy the company report.
Board of directors of Air & Technology Solutions Private Limited
Air & Technology Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Malhotra | Director | 15 Sep 2014 | 12 Years 1 Months | As last reported |
| Karan Vij | Director | 31 Jul 2015 | 11 Years 2 Months | As last reported |
Auditor
Air & Technology Solutions Private Limited is audited by M T M & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M T M & ASSOCIATES | FY 2019 | 015286N |
Shareholding
The shareholding of Air & Technology Solutions Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Air & Technology Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Air & Technology 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 Air & Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Air & Technology Solutions Private Limited has a workforce of 23 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Air & Technology Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Air & Technology Solutions Private Limited, buy the company report.
Recent activity
Air & Technology Solutions Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Vipul Malhotra ceased to be Director on 03 Oct 2017.
Frequently asked questions
Air & Technology Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Air & Technology Solutions was a private limited company based in New Delhi, Delhi, India. The company worked in business process outsourcing, within the business outsourcing industry. It was incorporated on 15 September 2014 and is registered under CIN U74999DL2014PTC271592. The company has been struck off by the Registrar of Companies and is no longer operational.
Air & Technology Solutions had 2 directors:
- Yash Malhotra - Director
- Karan Vij - Director
The CIN (Corporate Identification Number) of Air & Technology Solutions is U74999DL2014PTC271592. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Air & Technology Solutions is at Wz – 47 Mukharjee Park Tilak Nagar, New Delhi, Delhi, India – 110018.
Air & Technology Solutions was incorporated on 15 September 2014. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Air & Technology Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Air & Technology Solutions has 1 GST registration on record and it is cancelled or inactive.
Air & Technology Solutions operated in the business outsourcing industry, in the business process outsourcing segment. It worked in this industry before it was struck off.
Vipul Malhotra ceased to be Director on 03 Oct 2017. Ashwani Johar ceased to be Director on 01 Aug 2015. Karan Vij was appointed as Director on 31 Jul 2015. Air & Technology Solutions has 4 board changes on record in total.