MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0023879
Airfins Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.57 Cr
▲ 30% YoY
Net profit · FY 2025
₹3.12 Cr
Net margin 15.9%
EBITDA · FY 2025
₹4.51 Cr
EBITDA margin 23%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹14.5 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
About Airfins Private Limited
Data last updated:
Airfins Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 31 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72400PN2008PTC132536. Its GSTIN is 27AACCV8034A1ZL (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Verispring Airfins Technology Private Limited. It is led by directors including Phoola Jagmohan Kaul and Gaurav Jagmohan Kaul.
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 809 Sind Housing Society Aundh, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.57 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹3.12 Cr (net margin 15.9%) and EBITDA of ₹4.51 Cr (EBITDA margin 23%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹14.5 Cr on record.
Airfins Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0023879). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verispringgroup.com.
Company details
CIN U72400PN2008PTC132536
Registration Number 132536
Incorporation Date 31 July 2008
ROC Pune
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-MH-26-0023879
Key People
Phoola Jagmohan Kaul Director Gaurav Jagmohan Kaul Director Jagmohan Madhusudan Kaul Director Recognitions & Rankings of Airfins
Contact details
Airfins Private Limited's registered office is in Pune, Maharashtra. Its website is verispringgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address809 Sind Housing Society Aundh, Pune, Maharashtra, India – 411007
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Airfins Private Limited, buy the company report.
Comprehensive company report
Airfins 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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Business activity
The main business activity of Airfins is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Airfins Private Limited, buy the company report.
Financials of Airfins Private Limited
FY 2024 filings availableAirfins Private Limited reported revenue of ₹19.57 Cr (up 30% YoY) for FY 2025.
Revenue · FY 2025
₹19.57 Cr ▲ 30%
Net profit · FY 2025
₹3.12 Cr margin 15.9%
EBITDA · FY 2025
₹4.51 Cr margin 23%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 29%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 235%
3 years · compounded
▲ 61%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 30% growth in the latest year. EBITDA rose 235% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.12 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23% | ||||
| Net Profit Margin | 15.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Airfins Private Limited, buy the company report.
Board of directors of Airfins Private Limited
Airfins has 3 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 |
|---|---|---|---|---|
| Phoola Jagmohan Kaul | Director | 25 Jul 2011 | 15 Years 3 Months | Current |
| Gaurav Jagmohan Kaul | Director | 31 Jul 2008 | 18 Years 3 Months | Current |
| Jagmohan Madhusudan Kaul | Director | 31 Jul 2008 | 18 Years 3 Months | Current |
Auditor
Airfins Private Limited is audited by PRAKASH S. SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH S. SHAH & CO | FY 2023 | 123917W |
Shareholding
The shareholding of Airfins 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 Airfins Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2023 | 100698603 | Others | ₹5 Cr | Open | |
| 14 Feb 2022 | 100540180 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 20 Dec 2021 | 100523788 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 09 Mar 2020 | 100361048 | Citi Bank N.A. | ₹5 Cr | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Airfins 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
Airfins Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 71 overdue payments to 25 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 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Prathamesh Welding Solutions (I) Private Limited | |||
| Verispring Engineering Solutions (India) Private Limited | |||
| an individual supplier | |||
| WSP Cranes & Services |
To see the full MSME payment records of Airfins Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Airfins has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV8034A1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Airfins Private Limited, buy the company report.
Recent activity
Airfins Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Phoola Jagmohan Kaul ceased to be Director on 20 Jun 2015.
AGM
Airfins Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Airfins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100698603 was registered on 09 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100540180 was registered on 14 Feb 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100523788 was registered on 20 Dec 2021.
Charges
A charge with Citi Bank N.A. amounted to Rs. 500.00 Lakh with Charge ID 100361048 was registered on 09 Mar 2020.
Ceased
Phoola Jagmohan Kaul ceased to be Director.
Appointed
Phoola Jagmohan Kaul was appointed as Director.
Appointed
Gaurav Jagmohan Kaul was appointed as Director.
Appointed
Jagmohan Madhusudan Kaul was appointed as Director.
Incorporation
31 Jul 2008
Airfins Private Limited was registered on 31 Jul 2008 with Roc Pune & aged 18 years 3 months as per MCA records.
Frequently asked questions
Airfins is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 31 July 2008 (18+ years old) and is registered under CIN U72400PN2008PTC132536.
Airfins has 3 current directors:
- Phoola Jagmohan Kaul - Director
- Gaurav Jagmohan Kaul - Director
- Jagmohan Madhusudan Kaul - Director
The latest financial statements of Airfins 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 Airfins is 27AACCV8034A1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Airfins is U72400PN2008PTC132536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airfins was incorporated on 31 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Phoola Jagmohan Kaul ceased to be Director on 20 Jun 2015. Phoola Jagmohan Kaul was appointed as Director on 25 Jul 2011. Gaurav Jagmohan Kaul was appointed as Director on 31 Jul 2008. Airfins has 4 board changes on record in total.
Yes, Airfins is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0023879).
Airfins has 11 MSME Form 1 returns on record between 2019 and 2023, listing 71 overdue payments to 25 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Airfins can be reached through the website verispringgroup.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Airfins is at 809 Sind Housing Society Aundh, Pune, Maharashtra, India – 411007.
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