About Airegard (India) Private Limited
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Airegard (India) Private Limited is a private limited company based in Amritsar, Punjab, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 24 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31900PB2019PTC049658. Its GSTIN is 03AASCA4304N1ZK (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gagan Deep Singh and Avtar Singh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 326 Patti Vasan Ki Mehta Road, Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2023, the company reported a revenue of ₹40.88 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹18.38 Lakh (net margin -45%) and EBITDA of -₹13.02 Lakh (EBITDA margin -31.8%).
For more details, the company can be reached via its website airegardindia.com.
Company details
Contact details
Airegard (India) Private Limited's registered office is in Amritsar, Punjab. Its website is airegardindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address326 Patti Vasan Ki Mehta Road, Amritsar, Punjab, India – 143001
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Airegard (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 Airegard (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Airegard (India) Private Limited, buy the company report.
Financials of Airegard (India) Private Limited
FY 2023 filings availableAiregard (India) Private Limited reported revenue of ₹40.88 Lakh (up 28% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 28% in the latest year. EBITDA rose 27% 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 |
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| EBITDA | -₹13.02 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹18.38 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -31.8% | |||
| Net Profit Margin | -45% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Airegard (India) Private Limited, buy the company report.
Board of directors of Airegard (India) Private Limited
Airegard (India) 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 |
|---|---|---|---|---|
| Gagan Deep Singh | Director | 12 Aug 2020 | 6 Years 2 Months | Current |
| Harjeet Singh | Additional Director | 14 Nov 2022 | 3 Years 11 Months | Current |
| Avtar Singh | Director | 24 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Airegard (India) Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iworx Systems India Private Limited | ₹41.17 Lakh (FY 2024) | 115.0% | Mumbai, Maharashtra, India | |||
| Fourstor Solutions Private Limited | ₹40.92 Lakh (FY 2025) | 107.0% | Bengaluru, Karnataka, India | |||
| Airegard (India) Private Limitedthis company | ₹40.88 Lakh (FY 2023) | -₹18.38 Lakh | -45% | 28.0% | Amritsar, Punjab, India | |
| Shri Ganpati Machinery Private Limited | ₹40.59 Lakh (FY 2022) | -15.0% | Delhi, India | |||
| Marketit Private Limited | ₹40.43 Lakh (FY 2025) | 560.0% | Hyderabad, Telangana, India | |||
| Profitalk Ventures (OPC) Private Limited | ₹40.09 Lakh (FY 2025) | 3508.0% | Kolkata, West Bengal, India | |||
| Vivitha Gases Private Limited | ₹40.03 Lakh (FY 2024) | 23.0% | Thrissur, Kerala, India |
To see the full peer comparison of Airegard (India) Private Limited, buy the company report.
Auditor
Airegard (India) Private Limited is audited by K R AGGARWAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R AGGARWAL & ASSOCIATES | FY 2022 | 030088N |
Shareholding
The shareholding of Airegard (India) Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Airegard (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Airegard (India) 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 Airegard (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Airegard (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AASCA4304N1ZK | Punjab | Active | 26 Sep 2019 |
To see the full GST registrations and return filing status of Airegard (India) Private Limited, buy the company report.
Recent activity
Airegard (India) Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Harjeet Singh was appointed as Additional Director on 14 Nov 2022.
Frequently asked questions
Airegard (India) is an active private limited company based in Amritsar, Punjab, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 24 June 2019 (7+ years old) and is registered under CIN U31900PB2019PTC049658.
Airegard (India) has 3 current directors:
- Gagan Deep Singh - Director
- Harjeet Singh - Additional Director
- Avtar Singh - Director
The latest financial statements of Airegard (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Airegard (India) is 03AASCA4304N1ZK, registered in Punjab.
The CIN (Corporate Identification Number) of Airegard (India) is U31900PB2019PTC049658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airegard (India) was incorporated on 24 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Airegard (India) by revenue are Iworx Systems India Private Limited, Fourstor Solutions Private Limited, Shri Ganpati Machinery Private Limited, Marketit Private Limited, Profitalk Ventures (OPC) Private Limited and 1 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading).
Harjeet Singh was appointed as Additional Director on 14 Nov 2022. Suresh Kumar ceased to be Director on 14 Aug 2020. Gagan Deep Singh was appointed as Director on 12 Aug 2020. Airegard (India) has 4 board changes on record in total.
Airegard (India) can be reached through the website airegardindia.com. Its registered office is in Amritsar, Punjab, India.
The registered office of Airegard (India) is at 326 Patti Vasan Ki Mehta Road, Amritsar, Punjab, India – 143001.
Airegard (India) operates in the machinery and equipment industry, in the industrial products retail and distribution segment.
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