MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0013125
Airen International Limited - packaging in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.33 Cr
▼ 22% YoY
Net loss · FY 2024
₹2.88 Cr
Net margin -10.9%
EBITDA · FY 2024
₹79.76 Lakh
EBITDA margin 3%
Authorised capital
₹4.8 Cr
Registered with MCA
Paid-up capital
₹4.8 Cr
Issued & subscribed
Open charges
₹40.39 Cr
Satisfied ₹50 Lakh
Company age
16 yrs
Est. 2010
Employees · EPFO
73
Provident fund records
About Airen International Limited
Data last updated:
Airen International Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 26 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25209MP2010PLC023640. Its GSTIN is 23AAICA5268M1ZD (Madhya Pradesh).
The company has an authorised share capital of ₹4.8 Cr and a paid-up capital of ₹4.8 Cr. It is led by directors including Abhishek Airen (Managing Director) and Manju Airen.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Airen Corporate 401 Fourth Floor 15/2 Old Palasia Near Ambedkar Bridge, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.33 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹2.88 Cr (net margin -10.9%) and EBITDA of ₹79.76 Lakh (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 3% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.39 Cr and satisfied charges of ₹50 Lakh on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 3 cases are pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.95 Cr; the latest was in September 2018. Its 6 peer companies in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Lolark Polytex Private Limited with revenue of ₹27.18 Cr.
Airen International Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0013125). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airengroup.com.
Company details
CIN U25209MP2010PLC023640
Registration Number 023640
Incorporation Date 26 May 2010
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0013125
Recognitions & Rankings of Airen International
Contact details
Airen International Limited's registered office is in Indore, Madhya Pradesh. Its website is airengroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAiren Corporate 401 Fourth Floor 15/2 Old Palasia Near Ambedkar Bridge, Indore, Madhya Pradesh, India – 452001
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Airen International Limited, buy the company report.
Comprehensive company report
Airen International 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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Business activity
The main business activity of Airen International is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Airen International Limited, buy the company report.
Financials of Airen International Limited
FY 2024 filings availableAiren International Limited reported revenue of ₹26.33 Cr (down 22% YoY) for FY 2024.
Revenue · FY 2024
₹26.33 Cr ▼ 22%
Net loss · FY 2024
₹2.88 Cr margin -10.9%
EBITDA · FY 2024
₹79.76 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 15%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 194%
3 years · compounded
▼ 42%
5 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 22% fall in the latest year. EBITDA rose 194% 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 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹79.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.88 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | -10.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Airen International Limited, buy the company report.
Board of directors of Airen International Limited
Airen International has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Airen | Director | 07 Aug 2015 | 11 Years 3 Months | Current |
| Ramchandra Airen Also directs: Airen Cotton & Oil Mills Private Limited, Jai Kisan Agri Solution Private Limited, Dewas Metal Sections Limited and 2 more | Director | 26 May 2010 | 16 Years 5 Months | Current |
| Abhishek Airen | Managing Director | 26 May 2010 | 16 Years 5 Months | Current |
| Dipti Abhishek Airen | Additional Director | 02 Jun 2025 | 1 Years 5 Months | Current |
Peer comparison
Airen International Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lolark Polytex Private Limited | ₹27.18 Cr (FY 2024) | -13.0% | Chandauli, Uttar Pradesh, India | |||
| Msquare Polypack Private Limited | ₹26.98 Cr (FY 2025) | -5.0% | Morbi, Gujarat, India | |||
| Apisun Sacks Private Limited | ₹26.88 Cr (FY 2025) | -9.0% | Prahladnagar, Gujarat, India | |||
| Alexa Polyfab Private Limited | ₹26.8 Cr (FY 2025) | 53.0% | Halvad, Gujarat, India | |||
| Airen International Limitedthis company | ₹26.33 Cr (FY 2024) | -₹2.88 Cr | -10.9% | -22.0% | 73 | Indore, Madhya Pradesh, India |
| Shrinath Woven Pack Private Limited | ₹26.29 Cr (FY 2024) | -35.0% | Hyderabad, Telangana, India | |||
| R.G. Plasto-Packs Private Limited | ₹25.43 Cr (FY 2025) | 13.0% | Jedimetla, Hyderabad-55, Telangana, India |
To see the full peer comparison of Airen International Limited, buy the company report.
Auditor
Airen International Limited is audited by R.D.JOSHI & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.D.JOSHI & Co. | FY 2023 | 000848C |
Shareholding
The shareholding of Airen International 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 Airen International Limited, buy the company report.
Charges & borrowings
Open charges
₹40.39 Cr
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2023 | 100697835 | City Union Bank Limited | ₹18.42 Cr | Open | |
| 10 Oct 2022 | 100643568 | Others | ₹20 Lakh | Open | |
| 30 Oct 2018 | 100230895 | City Union Bank Limited | ₹3.1 Cr | Open | |
| 19 Aug 2015 | 10602785 | City Union Bank Limited | ₹3 Cr | Open | |
| 12 Oct 2011 | 10314937 | City Union Bank Limited | ₹15.67 Cr | Open |
To see the full charge records of Airen International Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Airen International Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.95 Cr; the latest was in September 2018.
Total deals
4
Funding rounds
2
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹2.95 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Rights issue | ₹2.19 Cr | Investors: Jai Kisan Agri Solution Private Limited , 3 individuals Seller: Morija Cotton LLP , Abhishek Pictures LLP |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Arien Cotton & Oils Mills Limited Seller: an individual |
| Sep 2013 | Funding round | ₹86 Lakh | Investors: Arien Cotton & Oils Mills Limited, 3 individuals |
| Nov 2010 | Funding round | ₹2.09 Cr | Investors: Ives Leasing and Finance Private Limited , Arien Cotton & Oils Mills Limited, Morija Cotton LLP , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Airen International Limited has 5 court cases on record: 3 filed by Airen International, 2 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Expert Industries Private Limited | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed by the company against M/S Expert Industries Pvt. Ltd. Through Vinay Saraogi | Pending |
| District court, Indore, Madhya Pradesh | Court case (MJC) | Filed by the company against M/S Expert Industries Pvt. Ltd. Through Vinay Saraogi | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed by the company against M/S Expert Industries Private Limited | Disposed |
| District court, Faridabad, Haryana | Civil suit | Filed against the company by Rototech Gravure India | Pending |
To see the full case history of Airen International 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 Airen International Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Airen International Limited has a workforce of 73 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
73
Active EPFO establishments
1
Employee growth
-16.09%
GST
Airen International has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICA5268M1ZD | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Airen International Limited, buy the company report.
Recent activity
Airen International Limited has 6 board changes on record since 2010: 5 appointments and 1 cessation. The latest: Dipti Abhishek Airen was appointed as Additional Director on 02 Jun 2025.
Appointed
Dipti Abhishek Airen was appointed as Additional Director.
AGM
Airen International Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with City Union Bank Limited of Rs. 18.42 Cr registered on 10 Mar 2023 with Charge ID 100697835 was modified on 19 Sep 2024.
Filing
Airen International Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with City Union Bank Limited amounted to Rs. 18.42 Cr with Charge ID 100697835 was registered on 10 Mar 2023.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100643568 was registered on 10 Oct 2022.
Charges
A charge with City Union Bank Limited of Rs. 15.67 Cr registered on 12 Oct 2011 with Charge ID 10314937 was modified on 23 Mar 2022.
Charges
A charge registered on 25 Sep 2012 via Charge ID 10383229 with City Union Bank Limited was fully satisfied on 14 Mar 2019.
Charges
A charge with City Union Bank Limited amounted to Rs. 3.10 Cr with Charge ID 100230895 was registered on 30 Oct 2018.
Charges
A charge with City Union Bank Limited amounted to Rs. 3.00 Cr with Charge ID 10602785 was registered on 19 Aug 2015.
Ceased
Gaurav Airen ceased to be Director.
Appointed
Manju Airen was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
Airen International is an active public limited company based in Indore, Madhya Pradesh, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 26 May 2010 (16+ years old) and is registered under CIN U25209MP2010PLC023640.
Airen International has 4 current directors:
- Abhishek Airen - Managing Director
- Manju Airen - Director
- Ramchandra Airen - Director
- Dipti Abhishek Airen - Additional Director
The latest financial statements of Airen International on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Airen International is 23AAICA5268M1ZD, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Airen International is U25209MP2010PLC023640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airen International has 5 court cases on record: 3 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Airen International was incorporated on 26 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.
Airen International has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.95 Cr; the latest was in September 2018.
The peers of Airen International by revenue are Lolark Polytex Private Limited, Msquare Polypack Private Limited, Apisun Sacks Private Limited, Alexa Polyfab Private Limited, Shrinath Woven Pack Private Limited and 1 more, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Dipti Abhishek Airen was appointed as Additional Director on 02 Jun 2025. Gaurav Airen ceased to be Director on 07 Aug 2015. Manju Airen was appointed as Director on 07 Aug 2015. Airen International has 6 board changes on record in total.
Yes, Airen International is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0013125).
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