Altair Engineering India Private Limited - Company Profile

It is a information technology private limited company based in Bengaluru, Karnataka, India, established in 1996.

1996 Bengaluru, Karnataka, India Active

Last Updated: December 23, 2025

About Altair Engineering India Private Limited

Altair Engineering India Private Limited, a active private limited company, was established on 30 April 1996 in Bengaluru, Karnataka, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72200KA1996PTC020391. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹0.29 M.

It upholds a compliant status. Employing 732 professional, Its leadership includes Mathew Thomas (Additional Director), Sridhar Subramaniam (Additional Director). Past directors included Pavan Kumar Venkata Chandagari, James Ralph Scapa, Vishwanatha Rao. It holds no open charges and ₹5.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Prestige Trade Tower, Municipal No.46, 1St Floor Palace Road, Municipal Ward No.77,Sampan, Giramnagar, Bengaluru, Karnataka, 560001.

Company Details

CIN/LLPIN
U72200KA1996PTC020391
Registration Number
020391
Incorporation Date
30 April 1996
Authorized Capital
₹2.00 M
Paid-Up Capital
₹0.29 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.00 M as on 23-12-2025
Paid Up Capital ₹ 0.29 M as on 23-12-2025
Company Age 29 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 5.00 Cr as on 23-12-2025
Revenue Growth **** 33.05% (FY 2023)
Profit Growth **** -32.21% (FY 2023)
Ebitda **** -12.20% (FY 2023)
Net Worth 13.49% (FY 2023)
Total Assets **** 33.68% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Altair Engineering India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Altair Engineering India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mathew Thomas	Additional Director	24 Jun 2025	Current
Sridhar Subramaniam	Additional Director	24 Jun 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	29 Jun 2006	Past
Pramod Abcsdd	Director	19 Jun 2025	Past
Pramod Abcsdd	Additional Director	15 Mar 2019	Past
Pramod Abcsdd	Director	27 May 2010	Past
Pramod Abcsdd	Director	13 Nov 2019	Past

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Financial Performance of Altair Engineering India.

Altair Engineering India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.05% increase. The company also saw a substantial fall in profitability, with a 32.21% decrease in profit. The company's net worth Soared by an impressive increase of 13.49%.

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

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

33.05%

*******

Revenue from Operations

*******

32.61%

*******

Total Assets

*******

33.68%

*******

Profit or Loss

*******

-32.21%

*******

Net Worth

*******

13.49%

*******

EBITDA

*******

-12.20%

*******

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What is the Ownership and Shareholding Structure of Altair Engineering India?

In 2023, 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.

Shareholding Pattern (FY 2024)

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

₹0

Satisfied Charges

₹50,000,000.00

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

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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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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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

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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.

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Latest Updates, News, and FAQs on Altair Engineering India

Recent Activity within the Organization

Director Appointment

The activity Mathew Thomas was appointed as a Additional Director was appointed as a Additional Director on 24 Jun 2025 & has been associated with this company since 8 months 2 days . was completed.
24 Jun 2025
Director Appointment

Progress on Sridhar Subramaniam was appointed as a Additional Director was appointed as a Additional Director on 24 Jun 2025 & has been associated with this company since 8 months 2 days . was documented.
24 Jun 2025
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. was recorded as a recent event.
30 Sep 2024
Balance Sheet

The activity Altair Engineering India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.
31 Mar 2024
Charges

Progress on A charge registered on 14 Oct 2009 via Charge ID 10183974 with Hdfc Bank Limited was fully satisfied on 26 Feb 2010. was documented.
26 Feb 2010
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 50.00 M with Charge ID 10183974 was registered on 14 Oct 2009. was documented.
14 Oct 2009

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