Altair Engineering India Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.29 M
- Company Age 28 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth 30.30%
- Profit Growth 35.23%
- Ebitda 9.03%
- Net Worth 24.85%
- Total Assets 34.08%
About Altair Engineering India
Altair Engineering India Private Limited (AEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 1996 and has a history of 28 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.29 M.
The company has closed loans amounting to ₹5.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Pavan Chandagari, Muralidhar Nanjundaiah, James Scapa, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200KA1996PTC020391
- Company No.
020391
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Apr 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
Altair Engineering India Private Limited
Explore comprehensive data for Altair Engineering India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Altair Engineering India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishwanatha Rao  | Managing Director | 15-Mar-2019 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pavan Chandagari | Director | 01-Mar-2006 | Current |
Muralidhar Nanjundaiah  | Director | 31-Mar-2004 | Current |
| James Scapa | Director | 30-Apr-1996 | Current |
Financial Performance of Altair Engineering India.
Altair Engineering India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.3% increase. The company also saw a substantial improvement in profitability, with a 35.23% increase in profit. The company's net worth Soared by an impressive increase of 24.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Altair Engineering India?
In 2022, Altair Engineering India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹50.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2009 | Hdfc Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Altair Engineering India?
Altair Engineering India has a workforce of 732 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Altair Engineering India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Altair Engineering India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Altair Engineering India
Recent activity within the organization
- Annual General Meeting
Altair Engineering India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Altair Engineering India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Vishwanatha Rao was appointed as a Managing Director was appointed as a Managing Director on 15 Mar 2019 & has been associated with this company since 6 years 1 month .
- Charges
A charge registered on 14 Oct 2009 via Charge ID 10183974 with Hdfc Bank Limited was fully satisfied on 26 Feb 2010.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 M with Charge ID 10183974 was registered on 14 Oct 2009.
- Director Appointment
Pavan Kumar Venkata Chandagari was appointed as a Director was appointed as a Director on 01 Mar 2006 & has been associated with this company since 19 years 1 month .
Recent News, Updates & Announcement
- ICAT signs MoU with Altair to work in simulation and testing space.
The MoU intends to set-up a joint working arrangement to realize their respective visions with the help of mutual support and cooperation. .
- India's Govt. and Leading Companies Join Forces to Empower Youth with Industry-Ready Design Training for Skill India Programme.
Govt. of India and Altair Engineering partner with DesignTech Systems and Science and Technology Park to support Skill India programme. This will provide industry-relevant product design training to Indian youth for better livelihood. The Engineering Centre of Excellence will have labs for various fields and aims to bridge the gap between student skills and industry expectations. These initiatives will make students industry-ready and promote entrepreneurship..
Frequently asked questions
What is the Incorporation or founding date of Altair Engineering India Private Limited?
Altair Engineering India Private Limited was incorporated on 30 Apr 1996.
What is authorized share capital and paid-up capital of Altair Engineering India Private Limited?
The authorized share capital of Altair Engineering India Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.29 M.
Who are the current board members & directors of Altair Engineering India Private Limited?
Currently 4 directors are associated with Altair Engineering India Private Limited.
- Pavan Kumar Venkata Chandagari
- Muralidhar Shivaswamy Nanjundaiah
- James Ralph Scapa
- Vishwanatha Rao
What is the registered address of Altair Engineering India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Altair Engineering India Private Limited is Prestige Trade Tower Municipal No.46 1St Floor Palace Road Ward No.77, Sampan Giramnagar India, Bengaluru, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of Altair Engineering India Private Limited?
The corporate identification number (CIN) of Altair Engineering India Private Limited is U72200KA1996PTC020391 and the company number is 020391 as per Ministry of Corporate Affairs (MCA).
What is the official website of Altair Engineering India Private Limited?
The Official website of Altair Engineering India Private Limited is https://www.altair-india.in
What has been the recent revenue trend for Altair Engineering India Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Altair Engineering India Private Limited has risen by 30.30%.
How many employees does Altair Engineering India Private Limited currently have?
As Per 2022 financial reports, 732 employees are currently employed by Altair Engineering India Private Limited.
What change has been observed in the net worth of Altair Engineering India Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Altair Engineering India Private Limited has experienced an upsurge of 24.85%.
When was the last Balance Sheet of Altair Engineering India Private Limited filed with the ROC?
The most recent Balance Sheet for Altair Engineering India Private Limited was filed with the ROC on 31 Mar 2024.
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