- Category
- Micro (2021-22)
- Udyam number
- UDYAM-TN-02-0055262

Aircycle Systems and Projects India Private Limited
About Aircycle Systems and Projects India Private Limited
Data last updated:
Aircycle Systems and Projects India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 12 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29191TN2005PTC055950. Its GSTIN is 33AAFCA2424E1ZC (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rangarajan Jagannathan and Padmapriya Rangarajan.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 6/3 Soundararajan Streett Nagar Chennai 600017, Tamil Nadu, India.
As per the financials filed for FY 2020, the company reported a revenue of ₹42.63 Lakh. For the same year it recorded a net loss of ₹5.1 Lakh (net margin -12%) and EBITDA of ₹4.12 Lakh (EBITDA margin 9.7%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Aircycle Systems and Projects India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0055262). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Aircycle Systems and Projects India
Contact details
Aircycle Systems and Projects India Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/3 Soundararajan Streett Nagar Chennai 600017, Tamil Nadu, India
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Aircycle Systems and Projects 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 activities of Aircycle Systems and Projects India are trade and personal and household service. In detail, this covers retail trading and repair of computers and personal and household goods. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| S | Personal and Household service | S2 | Repair of computers and personal and household goods |
To see the full business activity and turnover split of Aircycle Systems and Projects India Private Limited, buy the company report.
Financials of Aircycle Systems and Projects India Private Limited
FY 2020 filings availableAircycle Systems and Projects India Private Limited reported revenue of ₹42.63 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years. EBITDA fell 7% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹42.63 Lakh | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.1 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | -12% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aircycle Systems and Projects India Private Limited, buy the company report.
Board of directors of Aircycle Systems and Projects India Private Limited
Aircycle Systems and Projects India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangarajan Jagannathan | Director | 12 Apr 2005 | 21 Years 6 Months | Current |
| Padmapriya Rangarajan | Director | 01 Mar 2011 | 15 Years 8 Months | Current |
Shareholding
The shareholding of Aircycle Systems and Projects India Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aircycle Systems and Projects India Private Limited, buy the company report.
Legal cases
Aircycle Systems and Projects India Private Limited has 4 court cases on record: 3 filed by Aircycle Systems and Projects India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by RBL Bank Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Serene Hotels Restaurants Pvt Ltd Others | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Aircycle Systems and Projects 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 Aircycle Systems and Projects India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aircycle Systems and Projects India Private Limited has a workforce of 4 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Aircycle Systems and Projects India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCA2424E1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aircycle Systems and Projects India Private Limited, buy the company report.
Recent activity
Aircycle Systems and Projects India Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Jagannathan Srinivasan ceased to be Director on 07 Aug 2014.
Frequently asked questions
Aircycle Systems and Projects India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 12 April 2005 (21+ years old) and is registered under CIN U29191TN2005PTC055950.
Aircycle Systems and Projects India has 2 current directors:
- Rangarajan Jagannathan - Director
- Padmapriya Rangarajan - Director
The latest financial statements of Aircycle Systems and Projects India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Aircycle Systems and Projects India is 33AAFCA2424E1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Aircycle Systems and Projects India is U29191TN2005PTC055950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aircycle Systems and Projects India has 4 court cases on record: 3 filed by the company and 1 filed against it.
Aircycle Systems and Projects India was incorporated on 12 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
Jagannathan Srinivasan ceased to be Director on 07 Aug 2014. Padmapriya Rangarajan was appointed as Director on 01 Mar 2011. Rangarajan Jagannathan was appointed as Director on 12 Apr 2005.
Yes, Aircycle Systems and Projects India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0055262).
The registered office of Aircycle Systems and Projects India is at 63 Soundararajan Streett Nagar Chennai 600017, Tamil Nadu, India.

