Altair Electronics Limited - Company Profile

It is a energy and power public limited company based in Hyderabad, Telangana, India, established in 2008.
2008 Hyderabad, Telangana, India Active
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About Altair Electronics Limited

Altair Electronics Limited, a active public limited company, was established on 27 August 2008 in Hyderabad, Telangana, India. Engaging in power equipment manufacturers within the energy and power sector, it holds CIN: U31200TG2008PLC060773. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.28 Cr.

Formerly known as Altair Electronics Private Limited. It upholds a active non-compliant status. Employing 19 professional, Its leadership includes Avi Sangal (Director), Udaya Bhaskar Rao Nidamarthi (Director), Venkateswara Rao Avasarala (Additional Director). Past directors included Avi Sangal, Udaya Bhaskar Rao Nidamarthi, Ravi Teja Avasarala. It holds ₹55.65 Cr open charges and no settled loans. Its latest AGM occurred on 29 September 2014, with the balance sheet filed on 31 March 2014. It is based at Plot No.120/7, Ida, Phase-Ii Cherlapally, Hyderabad, Telangana, 500051.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U31200TG2008PLC060773

  • Registration Number

    060773

  • Incorporation Date

    27 August 2008

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.28 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.28 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2014
  • Open Charges ₹ 55.65 Cr
Company report

Altair Electronics Limited

Company Report FY 2026-2027

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Who are the key members and board of directors at Altair Electronics Limited?
Current Directors
Name Designation Appointment Date Status
Avi Sangal Director 28 Feb 2015 Current
Udaya Bhaskar Rao Nidamarthi Director 26 Nov 2013 Current
Venkateswara Rao Avasarala Additional Director 13 May 2016 Current
Venkata Ramana Murthy Nidumol Director 19 Dec 2011 Current
Gottimukkala Rami Reddy Additional Director 05 Sep 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Jun 2018 Past
Pramod Abcsdd Director 02 Apr 2015 Past
Pramod Abcsdd Director 05 Oct 2015 Past
Pramod Abcsdd Director 06 Jul 2012 Past
Pramod Abcsdd Director 05 Jun 2018 Past
Pramod Abcsdd Director 10 Feb 2010 Past

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Financial Performance of Altair Electronics.

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Altair Electronics revenue growth over time
Altair Electronics profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Altair Electronics?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹556,505,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Andhra Bank : 40.49 Cr
  • Asrec (India) Limited : 15.16 Cr
Latest Charge Details
Date Lender Amount Status
30 Jun 2014 Andhra Bank ₹40.49 Cr Open
21 Jul 2010 Asrec (India) Limited ₹15.16 Cr Open

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How Many Employees Work at Altair Electronics?

Altair Electronics has a workforce of 19 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Altair Electronics
Recent Activity within the Organization
  • Director Appointment

    The activity Venkateswara Rao Avasarala was appointed as a Additional Director was appointed as a Additional Director on 13 May 2016 & has been associated with this company since 10 years 1 month . was completed.

  • Charges

    Progress on A charge with Asrec (India) Limited of Rs. 15.16 Cr registered on 21 Jul 2010 with Charge ID 10235539 was modified on 29 Sep 2015. was documented.

  • Director Appointment

    Gottimukkala Rami Reddy was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2015 & has been associated with this company since 10 years 9 months . was recorded as a recent event.

  • Director Appointment

    Avi Sangal was appointed as a Director was appointed as a Director on 28 Feb 2015 & has been associated with this company since 11 years 4 months . was recorded as a recent event.

  • Annual General Meeting

    The activity Altair Electronics Limited last Annual general meeting of members was held on 29 Sep 2014 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Andhra Bank amounted to Rs. 40.49 Cr with Charge ID 10550474 was registered on 30 Jun 2014. was documented.

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Frequently Asked Questions
What is the CIN of Altair Electronics Limited?

The CIN of Altair Electronics Limited is U31200TG2008PLC060773.

Where is Altair Electronics Limited headquartered?

Altair Electronics Limited is headquartered at Plot No.120/7, Ida, Phase-Ii Cherlapally, Hyderabad, Telangana, 500051.

When was Altair Electronics Limited incorporated?

Altair Electronics Limited was incorporated on 27 August 2008.

Who are the current directors of Altair Electronics Limited?

The current directors of Altair Electronics Limited are

What is the primary industry of Altair Electronics Limited?

The primary industry of Altair Electronics Limited is Energy And Power.

Is Altair Electronics Limited a listed company?

Altair Electronics Limited is unlisted.

What is the capital structure of Altair Electronics Limited?

The authorized capital of Altair Electronics Limited is ₹5.00 Cr, and the paid-up capital is ₹4.28 Cr.

What is the compliance status of Altair Electronics Limited?

The compliance status of Altair Electronics Limited is Active Non-Compliant.

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