Airfintech Private Limited
About Airfintech Private Limited
Data last updated:
Airfintech Private Limited is a private limited company based in Buldana, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2021PTC354930. Its GSTIN is 27AAUCA7611G1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5.32 Lakh. It is led by directors Madhao Ranganath Kate and Rajesh Sahebrao Gadhe.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Buldana, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.79 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹10.16 Lakh (net margin -2.7%) and EBITDA of -₹2.4 Lakh (EBITDA margin -0.6%).
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- Registered AddressGut No 439 Plot No 75 Back To Haji Malang Darga, Buldhana Yelgaon, Buldana, Maharashtra, India – 443001
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Airfintech Private Limited
The main business activity of Airfintech is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Airfintech Private Limited FY 2025 filings available
Airfintech Private Limited reported revenue of ₹3.79 Cr (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Airfintech Private Limited
Revenue rose 28% in the latest year. EBITDA fell 107% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Airfintech Private Limited
| Metrics | 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 | -₹2.4 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.16 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Airfintech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.6% | •••• | •••• | •••• |
| Net Profit Margin | -2.7% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Airfintech are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Airfintech Private Limited
Airfintech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kalp Business Machines Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Spectro Research Lab Ventures Private Limited | •••• | •••• | •••• | •••• | 17 | Okhla, Delhi, India |
| Bharati Freight Forwarders Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Rushi Power Systems Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Ostrich Projects Private Limited | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Airfintech Private Limited this company | •••• | •••• | •••• | •••• | - | Buldana, Maharashtra, India |
| Tailorworks Private Limited | •••• | •••• | •••• | •••• | 13 | Lucknow, Uttar Pradesh, India |
| Tinkerlabs Design Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Unistanz Software Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Rank Insurance Surveyors and Loss Assessors Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Kalpacons Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Airfintech by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Airfintech Private Limited
Airfintech Private Limited is audited by Desai & Khanolkar Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Desai & Khanolkar Chartered Accountants | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Airfintech Private Limited
Airfintech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhao Ranganath Kate Also directs: Airfintech Multiservices LLP, Airseva Healthcare LLP, Spci Payment Aggregator Private Limited and 2 more | Director | 18 May 2022 | 4 Years 4 Months | Current |
| Rajesh Sahebrao Gadhe Also directs: Airfintech Multiservices LLP, Airseva Healthcare LLP, Spci Payment Aggregator Private Limited and 2 more | Director | 09 Feb 2021 | 5 Years 7 Months | Current |
Ownership and Shareholding of Airfintech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Airfintech Private Limited
Airfintech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Airfintech Private Limited
Airfintech Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Airfintech Private Limited
Airfintech Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Suraj Madhukar Salunke ceased to be Additional Director on 04 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Airfintech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Airfintech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Airfintech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Airfintech Private Limited
Airfintech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCA7611G1ZF | Maharashtra | Active | 24 Feb 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Airfintech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Airfintech Private Limited
Airfintech is an active private limited company based in Buldana, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 February 2021 (5+ years old) and is registered under CIN U72200MH2021PTC354930.
Airfintech reported revenue of ₹3.79 Cr for FY 2024 (up 28% YoY).
Airfintech has 2 current directors:
- Madhao Ranganath Kate - Director
- Rajesh Sahebrao Gadhe - Director
Airfintech reported a net loss of ₹10.16 Lakh (net margin -2.7%) and EBITDA of -₹2.4 Lakh (EBITDA margin -0.6%) for FY 2024, as per its filed financial statements.
The GSTIN of Airfintech is 27AAUCA7611G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Airfintech is U72200MH2021PTC354930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airfintech was incorporated on 09 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Airfintech by revenue are Kalp Business Machines Private Limited, Spectro Research Lab Ventures Private Limited, Bharati Freight Forwarders Private Limited, Rushi Power Systems Private Limited, Ostrich Projects Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Suraj Madhukar Salunke ceased to be Additional Director on 04 Jul 2023. Madhao Ranganath Kate ceased to be Additional Director on 30 Sep 2022. Surekha Madhao Kate ceased to be Director on 04 Jun 2022. Airfintech has 5 board changes on record in total.
Yes, Airfintech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Airfintech is at Gut No 439 Plot No 75 Back To Haji Malang Darga, Buldhana Yelgaon, Buldana, Maharashtra, India – 443001.