Aitess Networks Private Limited

Aitess Networks Private Limited - events and entertainment in Andheri East Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U52100MH2019PTC321468 Incorporated 19 February 2019 ROC Mumbai HQ Andheri East Mumbai, Maharashtra, India
Active Private Limited Company events and entertainment Startup India MSME · Small
Data last updated
Revenue · FY 2025
₹20.23 Cr
▲ 27% YoY
Net profit · FY 2025
₹26.07 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹33.65 Lakh
EBITDA margin 1.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹15.62 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings

About Aitess Networks Private Limited

Data last updated:

Aitess Networks Private Limited is a private limited company based in Andheri East Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 19 February 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2019PTC321468. Its GSTIN is 27AARCA9535G1Z7 (Maharashtra). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dhwani Paresh Chheda and Rajesh Kamlesh Shah.

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 Andheri East Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹20.23 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹26.07 Lakh (net margin 1.3%) and EBITDA of ₹33.65 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 96% over three years and 110% over five years.

As per MCA filings, the company has open charges of ₹15.62 Lakh on record.

Aitess Networks Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0118813). For more details, the company can be reached via its website aitess.com.

Company details

CIN U52100MH2019PTC321468
Registration Number 321468
Incorporation Date 19 February 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-18-0118813
Key People
Dhwani Paresh Chheda Director Rajesh Kamlesh Shah Director Hakimuddin Suwasrawala Husaini Additional Director

Recognitions & Rankings of Aitess Networks

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0118813

Contact details

Aitess Networks Private Limited's registered office is in Andheri East Mumbai, Maharashtra. Its website is aitess.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    aitess.com
  • Registered Address
    S – 210 Nahar & Seth Industrial Estate Cardinal Gracious Road Chakala Next To, P&G Plaza, Andheri East Mumbai, Maharashtra, India – 400099
  • Industry
    Events and Entertainment, Event Planning & Management

To see the full contact details of Aitess Networks Private Limited, buy the company report.

Comprehensive company report
Aitess 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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Business activity

The main business activity of Aitess Networks is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
RArts, entertainment and recreationR1Creative, arts and entertainment activities

To see the full business activity and turnover split of Aitess Networks Private Limited, buy the company report.

Financials of Aitess Networks Private Limited

FY 2025 filings available

Aitess Networks Private Limited reported revenue of ₹20.23 Cr (up 27% YoY) for FY 2025.

Revenue · FY 2025
₹20.23 Cr ▲ 27%
Net profit · FY 2025
₹26.07 Lakh margin 1.3%
EBITDA · FY 2025
₹33.65 Lakh margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 96%
5 years · compounded
▲ 110%
EBITDA CAGR growth
1 year
▼ 45%
3 years · compounded
▲ 111%
5 years · compounded
▲ 47%

Revenue has grown at a compounded annual rate (CAGR) of 110% over five years, including 27% growth in the latest year. EBITDA fell 45% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹33.65 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.07 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.7%
Net Profit Margin1.3%
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 Aitess Networks Private Limited, buy the company report.

Board of directors of Aitess Networks Private Limited

Aitess Networks has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhwani Paresh ChhedaDirector01 Sep 20215 Years 2 MonthsCurrent
Rajesh Kamlesh ShahDirector01 Sep 20197 Years 2 MonthsCurrent
Hakimuddin Suwasrawala HusainiAdditional Director07 Jun 20242 Years 5 MonthsCurrent
View all directors

Auditor

Aitess Networks Private Limited is audited by DEEPAK BAGRA for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DEEPAK BAGRAFY 2023108644

Shareholding

The shareholding of Aitess 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 categoryFY 2023FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aitess Networks Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.62 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.16 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Jul 2024100967437Hdfc Bank Limited₹15.62 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Aitess Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Aitess Networks has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
27AARCA9535G1Z7MaharashtraActive02 Mar 2019
07AARCA9535G1Z9DelhiActive23 Mar 2021
29AARCA9535G1Z3KarnatakaActive03 Sep 2024
33AARCA9535G1ZETamil NaduActive12 Sep 2024

To see the full GST registrations and return filing status of Aitess Networks Private Limited, buy the company report.

Recent activity

Aitess Networks Private Limited has 8 board changes on record since 2019: 3 appointments and 5 cessations. The latest: Hakimuddin Suwasrawala Husaini was appointed as Additional Director on 07 Jun 2024.

AGM
Aitess Networks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aitess Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.62 Lakh with Charge ID 100967437 was registered on 06 Jul 2024.
Appointed
Hakimuddin Suwasrawala Husaini was appointed as Additional Director.
Ceased
Laxmi Sharma ceased to be Director.
Appointed
Dhwani Paresh Chheda was appointed as Director.
Ceased
Mangesh Shripat Mane ceased to be Director.
Ceased
Vedam Kondle Christdas ceased to be Director.
Appointed
Rajesh Kamlesh Shah was appointed as Director.
Ceased
Pratik Kamlesh Shah ceased to be Director.
Ceased
Umesh Dwarkaprasad Rajput ceased to be Director.
Incorporation
19 Feb 2019
Aitess Networks Private Limited was registered on 19 Feb 2019 with Roc Mumbai & aged 7 years 8 months as per MCA records.

Frequently asked questions

Aitess Networks is an active private limited company based in Andheri East Mumbai, Maharashtra, India. The company works in event planning and management, within the events and entertainment industry. It was incorporated on 19 February 2019 (7+ years old) and is registered under CIN U52100MH2019PTC321468.

Aitess Networks has 3 current directors:

The latest financial statements of Aitess 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 2019 are in the company report.

The GSTIN of Aitess Networks is 27AARCA9535G1Z7, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 07AARCA9535G1Z9 (Delhi), 29AARCA9535G1Z3 (Karnataka), 33AARCA9535G1ZE (Tamil Nadu).

The CIN (Corporate Identification Number) of Aitess Networks is U52100MH2019PTC321468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aitess Networks was incorporated on 19 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Hakimuddin Suwasrawala Husaini was appointed as Additional Director on 07 Jun 2024. Laxmi Sharma ceased to be Director on 02 Sep 2021. Dhwani Paresh Chheda was appointed as Director on 01 Sep 2021. Aitess Networks has 8 board changes on record in total.

Yes, Aitess Networks is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Aitess Networks is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0118813).

Aitess Networks can be reached through the website aitess.com. Its registered office is in Andheri East Mumbai, Maharashtra, India.