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Airserve Initiatives LLP - transport and logistics in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.79 Cr
▲ 68% YoY
Net profit · FY 2023
₹34.61 Lakh
Net margin 19.3%
EBITDA · FY 2023
₹39.37 Lakh
EBITDA margin 22%
Contribution obligation
₹10 Lakh
As per LLP agreement
LLP age
8 yrs
Est. 2018
Designated partners
3
As per MCA filings
Active GSTINs
1
GST registered
Brands
1
Associated brands
About Airserve Initiatives LLP
Data last updated:
Airserve Initiatives LLP is a limited liability partnership (LLP) based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 21 May 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Hyderabad, under LLPIN AAM-6707. Its GSTIN is 36ABLFA9324R1ZO (Telangana).
The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners including Saritha Kondur and Sanketh Kondur.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Trendz Park, Hyderabad, Telangana.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹1.79 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹34.61 Lakh (net margin 19.3%) and EBITDA of ₹39.37 Lakh (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
The LLP is associated with 1 brand: Airserve.
For more details, the LLP can be reached via its website airserve.io.
Company details
LLPIN AAM-6707
Incorporation Date 21 May 2018
Total Obligation of Contribution ₹10 Lakh
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Saritha Kondur Designated Partner Sanketh Kondur Designated Partner Sahitya Konduru Designated Partner Recognitions & Rankings of Airserve Initiatives
Contact details
Airserve Initiatives LLP's registered office is in Hyderabad, Telangana. Its website is airserve.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6th Floor Plot No. 94 Sy No 1 2 3 And 4 Part, Trendz Park Gafoor Nagar Village, Hyderabad, Telangana, India – 500081
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Airserve Initiatives LLP, buy the company report.
Comprehensive company report
Airserve Initiatives LLP - 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
Airserve Initiatives operates one associated brand: Airserve. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides drone-based solutions for construction, mining, inspection, and agriculture industries. | airserve.io |
Financials of Airserve Initiatives LLP
FY 2025 filings availableAirserve Initiatives LLP reported revenue of ₹1.79 Cr (up 68% YoY) for FY 2023.
Revenue · FY 2023
₹1.79 Cr ▲ 68%
Net profit · FY 2023
₹34.61 Lakh margin 19.3%
EBITDA · FY 2023
₹39.37 Lakh margin 22%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▲ 649%
3 years · compounded
▲ 85%
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years, including 68% growth in the latest year. EBITDA rose 649% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹34.61 Lakh | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | 19.3% | ||||
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To see the full financial statements and ratios of Airserve Initiatives LLP, buy the company report.
Designated partners of Airserve Initiatives LLP
Airserve Initiatives has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saritha Kondur Also directs: Give Telangana Foundation | Designated Partner | 12 May 2020 | 6 Years 5 Months | Current |
| Sanketh Kondur Also directs: K2 Data & Analytics Private Limited, Give Telangana Foundation | Designated Partner | 21 May 2018 | 8 Years 5 Months | Current |
| Sahitya Konduru Also directs: K2 Data & Analytics Private Limited | Designated Partner | 12 May 2020 | 6 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Airserve Initiatives LLP 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
No delayed payments to MSME suppliers are on our record for Airserve Initiatives LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Airserve Initiatives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36ABLFA9324R1ZO | Telangana | Active | 16 Jul 2018 |
To see the full GST registrations and return filing status of Airserve Initiatives LLP, buy the company report.
Recent activity
Airserve Initiatives LLP has 4 designated partner changes on record since 2018: 3 appointments and 1 cessation. The latest: Balaji Nagarajan ceased to be Designated Partner on 12 May 2020.
AGM
Airserve Initiatives Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Airserve Initiatives Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Ceased
Balaji Nagarajan ceased to be Designated Partner.
Appointed
Sahitya Konduru was appointed as Designated Partner.
Appointed
Saritha Kondur was appointed as Designated Partner.
Appointed
Sanketh Kondur was appointed as Designated Partner.
Incorporation
21 May 2018
Airserve Initiatives Llp was registered on 21 May 2018 with Roc Hyderabad & aged 8 years 5 months as per MCA records.
Frequently asked questions
Airserve Initiatives is an active limited liability partnership based in Hyderabad, Telangana, India. The LLP works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 21 May 2018 (8+ years old) and is registered under LLPIN AAM-6707.
Airserve Initiatives has 3 current designated partners:
- Saritha Kondur - Designated Partner
- Sanketh Kondur - Designated Partner
- Sahitya Konduru - Designated Partner
The latest financial statements of Airserve Initiatives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Airserve Initiatives is 36ABLFA9324R1ZO, registered in Telangana.
The LLPIN (Limited Liability Partnership Identification Number) of Airserve Initiatives is AAM-6707. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Airserve Initiatives was incorporated on 21 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Balaji Nagarajan ceased to be Designated Partner on 12 May 2020. Sahitya Konduru was appointed as Designated Partner on 12 May 2020. Saritha Kondur was appointed as Designated Partner on 12 May 2020. Airserve Initiatives has 4 designated partner changes on record in total.
Yes, Airserve Initiatives is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Airserve Initiatives can be reached through the website airserve.io. Its registered office is in Hyderabad, Telangana, India.
The registered office of Airserve Initiatives is at 6th Floor Plot No. 94 Sy No 1 2 3 And 4 Part, Trendz Park Gafoor Nagar Village, Hyderabad, Telangana, India – 500081.