MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0020494
Airmeet Networks Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹32.43 Cr
▼ 41% YoY
Net profit · FY 2025
₹3.13 Cr
Net margin 9.7%
EBITDA · FY 2025
₹4.33 Cr
EBITDA margin 13.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
169
Provident fund records
Directors on board
3
As per MCA filings
About Airmeet Networks Private Limited
Data last updated:
Airmeet Networks Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Airmeet Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC128078. Its GSTIN is 29AASCA7424P1ZR (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lalit Mangal (Whole-Time Director) and Vinay Kumar Jaasti (Whole-Time Director).
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.43 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹3.13 Cr (net margin 9.7%) and EBITDA of ₹4.33 Cr (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 76% over five years.
The company has about 169 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Airmeet. The company has 1 deal on record (1 secondary share transfer); the latest was in July 2020. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Rack AI Private Limited with revenue of ₹32.52 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 4 overdue payments to 2 micro and small suppliers.
Airmeet Networks Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0020494). For more details, the company can be reached via its website airmeet.us.
Company details
CIN U72900KA2019PTC128078
Registration Number 128078
Incorporation Date 19 September 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Airmeet Inc
MSME Classification Small
Udyam Registration UDYAM-KR-03-0020494
Key People
Lalit Mangal Whole-Time Director Vinay Kumar Jaasti Whole-Time Director Manoj Kumar Singh Whole-Time Director Recognitions & Rankings of Airmeet Networks
Contact details
Airmeet Networks Private Limited's registered office is in Bangalore, Karnataka. Its website is airmeet.us. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressWework Salarpuria Magnificia, Tin Factory 78 Old Madras Road, Bangalore, Karnataka, India – 560016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Airmeet Networks Private Limited, buy the company report.
Comprehensive company report
Airmeet Networks 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Airmeet Networks operates one associated brand: Airmeet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Virtual events and meetings are managed via cloud-based software. | airmeet.com |
Business activity
The main business activity of Airmeet Networks is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Airmeet Networks Private Limited, buy the company report.
Financials of Airmeet Networks Private Limited
FY 2025 filings availableAirmeet Networks Private Limited reported revenue of ₹32.43 Cr (down 41% YoY) for FY 2025.
Revenue · FY 2025
₹32.43 Cr ▼ 41%
Net profit · FY 2025
₹3.13 Cr margin 9.7%
EBITDA · FY 2025
₹4.33 Cr margin 13.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 25%
5 years · compounded
▲ 76%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 16%
5 years · compounded
▲ 78%
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 76%. EBITDA fell 39% 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 | ₹4.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.13 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | 9.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Airmeet Networks Private Limited, buy the company report.
Board of directors of Airmeet Networks Private Limited
Airmeet Networks has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Mangal | Whole-Time Director | 19 Sep 2019 | 7 Years 1 Months | Current |
| Vinay Kumar Jaasti | Whole-Time Director | 19 Sep 2019 | 7 Years 1 Months | Current |
| Manoj Kumar Singh | Whole-Time Director | 19 Sep 2019 | 7 Years 1 Months | Current |
Peer comparison
Airmeet Networks Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rack AI Private Limited | ₹32.52 Cr (FY 2024) | Bhopal, Madhya Pradesh, India | ||||
| Bikham Private Limited | ₹32.46 Cr (FY 2024) | -5.0% | Chandigarh, India | |||
| Orva Networks Private Limited | ₹32.46 Cr (FY 2025) | -41.0% | Bangalore, Karnataka, India | |||
| Heaven Techno System Private Limited | ₹32.44 Cr (FY 2025) | -71.0% | Bhopal, Madhya Pradesh, India | |||
| Frappe Technologies Private Limited | ₹32.43 Cr (FY 2025) | 48.0% | Mumbai, Maharashtra, India | |||
| Airmeet Networks Private Limitedthis company | ₹32.43 Cr (FY 2025) | ₹3.13 Cr | 9.7% | -41.0% | 169 | Bangalore, Karnataka, India |
| Arrcus Software Private Limited | ₹32.43 Cr (FY 2025) | 18.0% | Bangalore, Karnataka, India | |||
| Zentek Export Engineering Private Limited | ₹32.42 Cr (FY 2022) | 31.0% | Chennai, Tamil Nadu, India | |||
| Cdna Technologies Private Limited | ₹32.41 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Big Binary Solutions Private Limited | ₹32.4 Cr (FY 2025) | -25.0% | Pune, Maharashtra, India | |||
| Jarus Technologies (India) Private Limited | ₹32.38 Cr (FY 2025) | 18.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Airmeet Networks Private Limited, buy the company report.
Auditor
Airmeet Networks Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 008072S |
Shareholding
The shareholding of Airmeet Networks Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Airmeet Networks Private Limited, buy the company report.
Deals & funding
Airmeet Networks Private Limited has 1 deal on record (1 secondary share transfer); the latest was in July 2020.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: Airmeet Inc Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Airmeet Networks 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
Airmeet Networks Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 4 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Digital Dwarves Private Limited | |||
| BMP & Co. LLP |
To see the full MSME payment records of Airmeet Networks Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Airmeet Networks Private Limited has a workforce of 169 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
169
Active EPFO establishments
1
Employee growth
-37.17%
GST
Airmeet Networks has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCA7424P1ZR | Karnataka | Active | 09 Oct 2019 |
To see the full GST registrations and return filing status of Airmeet Networks Private Limited, buy the company report.
Recent activity
Airmeet Networks Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Lalit Mangal ceased to be Director on 18 Sep 2024.
AGM
Airmeet Networks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Airmeet Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Lalit Mangal ceased to be Director.
Ceased
Manoj Kumar Singh ceased to be Director.
Ceased
Vinay Kumar Jaasti ceased to be Director.
Appointed
Lalit Mangal was appointed as Whole-Time Director.
Appointed
Manoj Kumar Singh was appointed as Whole-Time Director.
Appointed
Vinay Kumar Jaasti was appointed as Whole-Time Director.
Incorporation
19 Sep 2019
Airmeet Networks Private Limited was registered on 19 Sep 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.
News
Frequently asked questions
Airmeet Networks is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 September 2019 (7+ years old) and is registered under CIN U72900KA2019PTC128078.
Airmeet Networks has 3 current directors:
- Lalit Mangal - Whole-Time Director
- Vinay Kumar Jaasti - Whole-Time Director
- Manoj Kumar Singh - Whole-Time Director
The latest financial statements of Airmeet Networks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Airmeet Networks is 29AASCA7424P1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Airmeet Networks is U72900KA2019PTC128078. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airmeet Networks was incorporated on 19 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Airmeet Networks has 1 deal on record (1 secondary share transfer); the latest was in July 2020.
The peers of Airmeet Networks by revenue are Rack AI Private Limited, Bikham Private Limited, Orva Networks Private Limited, Heaven Techno System Private Limited, Frappe Technologies Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Lalit Mangal ceased to be Director on 18 Sep 2024. Manoj Kumar Singh ceased to be Director on 18 Sep 2024. Vinay Kumar Jaasti ceased to be Director on 18 Sep 2024. Airmeet Networks has 6 board changes on record in total.
Yes, Airmeet Networks is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0020494).
Airmeet Networks has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Oct 2021.
Airmeet Networks can be reached through the website airmeet.us. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages