MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0026242
Airowire Networks Private Limited - telecom in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹73.83 Cr
▲ 6% YoY
Net profit · FY 2024
₹2.87 Cr
Net margin 3.9%
EBITDA · FY 2024
₹4.43 Cr
EBITDA margin 6%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹9.4 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
87
Provident fund records
About Airowire Networks Private Limited
Data last updated:
Airowire Networks Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the telecom network support segment of the telecommunications sector. It was incorporated on 21 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC073769. Its GSTIN is 29AANCA2943E1ZL (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shashikant Sharma and Akshay Siddaram Balaganur.
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 No 302 Third Floor Pine Platinum Khata L4/L29 Sector 6 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.83 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Cr (net margin 3.9%) and EBITDA of ₹4.43 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 44% over five years.
The company has about 87 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Airowire Networks. As per MCA filings, the company has open charges of ₹9.4 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2024.
Airowire Networks Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0026242). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airowire.com.
Company details
CIN U72200KA2014PTC073769
Registration Number 073769
Incorporation Date 21 February 2014
ROC Bangalore
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 Medium
Udyam Registration UDYAM-KR-03-0026242
Key People
Shashikant Sharma Director Akshay Siddaram Balaganur Director Prashantkumar Siddanagouda Haranal Director Recognitions & Rankings of Airowire Networks
Contact details
Airowire Networks Private Limited's registered office is in Bangalore, Karnataka. Its website is airowire.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 302 Third Floor Pine Platinum Khata L4/L29 Sector 6 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryTelecom, Telecom Network Support
To see the full contact details of Airowire Networks Private Limited, buy the company report.
Comprehensive company report
Airowire 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
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Brands
Airowire Networks operates one associated brand: Airowire Networks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Enterprise-scale networks are designed, built, and managed in Bengaluru. | airowire.com |
Business activity
The main business activity of Airowire Networks is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Airowire Networks Private Limited, buy the company report.
Financials of Airowire Networks Private Limited
FY 2024 filings availableAirowire Networks Private Limited reported revenue of ₹73.83 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹73.83 Cr ▲ 6%
Net profit · FY 2024
₹2.87 Cr margin 3.9%
EBITDA · FY 2024
₹4.43 Cr margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 66%
5 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 57%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 6% growth in the latest year. EBITDA rose 21% 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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| EBITDA | ₹4.43 Cr | ||||
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| Net Profit (PAT) | ₹2.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Airowire Networks Private Limited, buy the company report.
Board of directors of Airowire Networks Private Limited
Airowire Networks has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikant Sharma | Director | 30 Sep 2016 | 10 Years 0 Months | Current |
| Akshay Siddaram Balaganur Also directs: Filoffee Software Private Limited | Director | 30 Sep 2016 | 10 Years 0 Months | Current |
| Prashantkumar Siddanagouda Haranal | Director | 30 Sep 2016 | 10 Years 0 Months | Current |
| Kashyap Manjunath Rangaraju | Director | 30 Sep 2016 | 10 Years 0 Months | Current |
| Kiran Andaneppa Kotagi | Director | 01 Sep 2023 | 3 Years 1 Months | Current |
| Swarup Kumar Dey Also directs: Repuit Technologies LLP | Director | 01 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Airowire Networks Private Limited is audited by S V T V P& ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S V T V P& ASSOCIATES LLP | FY 2023 | 019007S/ S000033 |
Shareholding
The shareholding of Airowire Networks 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 Airowire Networks Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2025 | 101153310 | Others | ₹4.75 Cr | Open | |
| 12 Feb 2025 | 101062077 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Lakh | Open | |
| 29 Nov 2023 | 100914142 | Others | ₹3 Cr | Open | |
| 18 Jun 2020 | 100362116 | Others | ₹1.5 Cr | Open |
Total charge records: 4 View all charges
Deals & funding
Airowire Networks Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2024.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Airowire Networks Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed against the company by Incubex Business Consulting Services Pvt Ltd | Disposed |
| High Court of Karnataka | Arbitration matter | Filed against the company by Incubex Business Consulting Services Privawte Limited | Pending |
To see the full case history of Airowire Networks Private 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 Airowire Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Airowire Networks Private Limited has a workforce of 87 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
87
Active EPFO establishments
1
Employee growth
40.32%
GST
Airowire Networks has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCA2943E1ZL | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Airowire Networks Private Limited, buy the company report.
Recent activity
Airowire Networks Private Limited has 14 board changes on record since 2016: 6 appointments and 8 cessations. The latest: Kiran Andaneppa Kotagi ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Others amounted to Rs. 475.00 Lakh with Charge ID 101153310 was registered on 30 Jul 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 15.00 Lakh with Charge ID 101062077 was registered on 12 Feb 2025.
AGM
Airowire Networks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Kiran Andaneppa Kotagi ceased to be Additional Director.
Ceased
Swarup Kumar Dey ceased to be Additional Director.
Filing
Airowire Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100914142 was registered on 29 Nov 2023.
Appointed
Kiran Andaneppa Kotagi was appointed as Director.
Appointed
Swarup Kumar Dey was appointed as Director.
Ceased
Abdul Kabir Jain Alavudeen ceased to be Director.
Ceased
Fathima ceased to be Director.
Ceased
Saradha ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Airowire Networks is an active private limited company based in Bangalore, Karnataka, India. The company works in telecom network support, within the telecom industry. It was incorporated on 21 February 2014 (12+ years old) and is registered under CIN U72200KA2014PTC073769.
Airowire Networks has 6 current directors:
- Shashikant Sharma - Director
- Akshay Siddaram Balaganur - Director
- Prashantkumar Siddanagouda Haranal - Director
- Kashyap Manjunath Rangaraju - Director
- Kiran Andaneppa Kotagi - Director
- Swarup Kumar Dey - Director
The latest financial statements of Airowire Networks 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 Airowire Networks is 29AANCA2943E1ZL, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Airowire Networks is U72200KA2014PTC073769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airowire Networks has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Airowire Networks was incorporated on 21 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Airowire Networks has 3 deals on record (3 secondary share transfers); the latest was in March 2024.
Kiran Andaneppa Kotagi ceased to be Additional Director on 29 Sep 2024. Swarup Kumar Dey ceased to be Additional Director on 29 Sep 2024. Kiran Andaneppa Kotagi was appointed as Director on 01 Sep 2023. Airowire Networks has 14 board changes on record in total.
Yes, Airowire Networks is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0026242).