Ait Internet Services Private Limited
About Ait Internet Services Private Limited
Data last updated:
Ait Internet Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 21 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC075421. Its GSTIN is 29AAMCA7856K1ZV (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Harikrishnan and Ajay Baliram Sawant.
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 No 726 1st Floor 38th Cross 4th T Block Jayanagara, Bangalore, Karnataka, India – 560041.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.27 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹43.41 Lakh (net margin -4.2%) and EBITDA of -₹42.64 Lakh (EBITDA margin -4.2%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 30% over five years.
As per MCA filings, the company has open charges of ₹1.75 Cr on record. Court records list 3 cases involving the company, including 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo 726 1st Floor 38th Cross 4th T Block Jayanagara, Bangalore, Karnataka, India – 560041
- IndustryInformation Technology, Software Development & Support Services
- 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 Ait Internet Services Private Limited
The main business activity of Ait Internet Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Ait Internet Services Private Limited FY 2025 filings available
Ait Internet Services Private Limited reported revenue of ₹10.27 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ait Internet Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 37% growth in the latest year. EBITDA fell 330% 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 of Ait Internet Services Private Limited
| 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 | -₹42.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹43.41 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 Ait Internet Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.2% | •••• | •••• | •••• | •••• |
| 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 Ait Internet Services are in the company report.
Financial statements from 2015
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 Ait Internet Services Private Limited
Ait Internet Services Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband, Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Del DSL Internet Private Limited | •••• | •••• | •••• | •••• | 57 | New Delhi, Delhi, India |
| Altn IT Solutions Private Limited | •••• | •••• | •••• | •••• | - | Shaikpet, Telangana, India |
| Centra Hub Private Limited | •••• | •••• | •••• | •••• | - | Hydearabad, Telangana, India |
| BSN Quantitative Research Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Avirasoft Digital Technologies Private Limited | •••• | •••• | •••• | •••• | 44 | Chennai, Tamil Nadu, India |
| Ait Internet Services Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Cintal Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Tapee Trade Service Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Aptus Software Labs Private Limited | •••• | •••• | •••• | •••• | 40 | Salem, Tamil Nadu, India |
| Redoq Software Services Private Limited | •••• | •••• | •••• | •••• | 36 | Kolkata, West Bengal, India |
| Sapocom Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ait Internet Services by revenue in the Telecom industry (Landline ISP and Broadband, Software Services), 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 Ait Internet Services Private Limited
Ait Internet Services Private Limited is audited by PADMAVATHI SANTHOSH AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PADMAVATHI SANTHOSH AND ASSOCIATES | 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 Ait Internet Services Private Limited
Ait Internet Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harikrishnan Also directs: Athena IT and Telecom Solutions Private Limited | Director | 21 Jan 2021 | 5 Years 8 Months | Current |
| Ajay Baliram Sawant Also directs: Orient Arth Management LLP, Orient Technologies Limited, Red Hut Innovation Technology Private Limited and 2 more | Director | 30 Nov 2025 | 0 Years 10 Months | Current |
| Sajidhuseen Patel | Director | 31 Jan 2026 | 0 Years 8 Months | Current |
Ownership and Shareholding of Ait Internet Services 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 Ait Internet Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2025 | Others | ₹1 Cr | Open |
| 28 Dec 2023 | Others | ₹75 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Ait Internet Services Private Limited
Ait Internet Services Private Limited has 3 court cases on record: 1 filed against it, 2 where it is another party. 2 cases are pending and 1 is disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Shyam Spectra Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Company is another party | Pending |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ait Internet Services Private Limited
Employment history and EPFO contributions of people linked to Ait Internet Services.
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.
News related to Ait Internet Services Private Limited
Recent Activity on Ait Internet Services Private Limited
Ait Internet Services Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Sajidhuseen Patel was appointed as Director on 31 Jan 2026.
Credit Ratings, Litigation & Regulatory Alerts for Ait Internet Services 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 Ait Internet Services 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 Ait Internet Services 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 Ait Internet Services Private Limited
Ait Internet Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCA7856K1ZV | Karnataka | Active | 01 Jul 2017 |
| 07AAMCA7856K1Z1 | Delhi | Active | 06 May 2024 |
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 Ait Internet Services 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 Ait Internet Services Private Limited
Ait Internet Services is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 21 July 2014 (12+ years old) and is registered under CIN U74900KA2014PTC075421.
Ait Internet Services reported revenue of ₹10.27 Cr for FY 2025 (up 37% YoY).
Ait Internet Services has 3 current directors:
- Harikrishnan - Director
- Ajay Baliram Sawant - Director
- Sajidhuseen Patel - Director
Ait Internet Services reported a net loss of ₹43.41 Lakh (net margin -4.2%) and EBITDA of -₹42.64 Lakh (EBITDA margin -4.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ait Internet Services is 46% over three years and 30% over five years. In the latest year (FY 2025) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ait Internet Services is 29AAMCA7856K1ZV, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAMCA7856K1Z1 (Delhi).
The CIN (Corporate Identification Number) of Ait Internet Services is U74900KA2014PTC075421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ait Internet Services has 3 court cases on record: 1 filed against it. 2 are pending. Most are in the district courts.
Ait Internet Services was incorporated on 21 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ait Internet Services by revenue are Del DSL Internet Private Limited, Altn IT Solutions Private Limited, Centra Hub Private Limited, BSN Quantitative Research Private Limited, Avirasoft Digital Technologies Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband, Software Services).
Sajidhuseen Patel was appointed as Director on 31 Jan 2026. Ajay Baliram Sawant was appointed as Director on 30 Nov 2025. Pushpalatha Sampath ceased to be Director on 27 Jan 2021. Ait Internet Services has 6 board changes on record in total.