Andromeda Innovators Private Limited

Andromeda Innovators Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U36999KA2017PTC102618 Incorporated 27 April 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2024
₹7.03 Cr
▼ 18% YoY
Net profit · FY 2024
₹4.32 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹70.56 Lakh
EBITDA margin 10%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2,000
Issued & subscribed
Open charges
₹3.1 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Andromeda Innovators Private Limited

Data last updated:

Andromeda Innovators Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 27 April 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36999KA2017PTC102618. Its GSTIN is 29AAPCA5070L1Z4 (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2,000. It is led by directors Pooja Mahendrabhai Shah and Kalpesh Devendrakumar Chopra.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 119 A Bommasandra Industrial Area Hebbagodi, Bangalore, Karnataka, India – 560099.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.03 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹4.32 Lakh (net margin 0.6%) and EBITDA of ₹70.56 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 21% over five years.

As per MCA filings, the company has open charges of ₹3.1 Cr on record.

Andromeda Innovators Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0141253). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ainnovators.com.

Company details

CIN U36999KA2017PTC102618
Registration Number 102618
Incorporation Date 27 April 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0141253

Recognitions & Rankings of Andromeda Innovators

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0141253

Contact details

Andromeda Innovators Private Limited's registered office is in Bangalore, Karnataka. Its website is ainnovators.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    119 A Bommasandra Industrial Area Hebbagodi, Bangalore, Karnataka, India – 560099
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Andromeda Innovators Private Limited, buy the company report.

Comprehensive company report
Andromeda Innovators 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 Andromeda Innovators is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

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

Financials of Andromeda Innovators Private Limited

FY 2024 filings available

Andromeda Innovators Private Limited reported revenue of ₹7.03 Cr (down 18% YoY) for FY 2024.

Revenue · FY 2024
₹7.03 Cr ▼ 18%
Net profit · FY 2024
₹4.32 Lakh margin 0.6%
EBITDA · FY 2024
₹70.56 Lakh margin 10%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 5%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 19%
5 years · compounded
▲ 19%

Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 2% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹70.56 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.32 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10%
Net Profit Margin0.6%
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 Andromeda Innovators Private Limited, buy the company report.

Board of directors of Andromeda Innovators Private Limited

Andromeda Innovators has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pooja Mahendrabhai ShahDirector22 Sep 20197 Years 1 MonthsCurrent
Kalpesh Devendrakumar ChopraAdditional Director08 May 20179 Years 5 MonthsCurrent

Auditor

Andromeda Innovators Private Limited is audited by MGIRT & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MGIRT & Co.FY 2023002047S

Shareholding

The shareholding of Andromeda Innovators Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Andromeda Innovators Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹3.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Jan 2023100673048Axis Bank Limited₹1.6 CrOpen
05 Apr 2022100563724Axis Bank Limited₹1.5 CrOpen

Total charge records: 2 View all charges

MSME payment delays

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

GST

Andromeda Innovators has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAPCA5070L1Z4KarnatakaActive19 Jul 2017

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

Recent activity

Andromeda Innovators Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Sumit Chopra ceased to be Director on 24 Sep 2019.

AGM
Andromeda Innovators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Andromeda Innovators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 160.00 Lakh with Charge ID 100673048 was registered on 12 Jan 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100563724 was registered on 05 Apr 2022.
Ceased
Sumit Chopra ceased to be Director.
Ceased
Suresh Kumar Chopra ceased to be Director.
Appointed
Pooja Mahendrabhai Shah was appointed as Director.
Appointed
Kalpesh Devendrakumar Chopra was appointed as Additional Director.
Appointed
Sumit Chopra was appointed as Director.
Appointed
Suresh Kumar Chopra was appointed as Director.
Incorporation
27 Apr 2017
Andromeda Innovators Private Limited was registered on 27 Apr 2017 with Roc Bangalore & aged 9 years 6 months as per MCA records.

Frequently asked questions

Andromeda Innovators is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 27 April 2017 (9+ years old) and is registered under CIN U36999KA2017PTC102618.

Andromeda Innovators has 2 current directors:

The latest financial statements of Andromeda Innovators on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Andromeda Innovators is 29AAPCA5070L1Z4, registered in Karnataka.

The CIN (Corporate Identification Number) of Andromeda Innovators is U36999KA2017PTC102618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Andromeda Innovators was incorporated on 27 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Sumit Chopra ceased to be Director on 24 Sep 2019. Suresh Kumar Chopra ceased to be Director on 24 Sep 2019. Pooja Mahendrabhai Shah was appointed as Director on 22 Sep 2019. Andromeda Innovators has 6 board changes on record in total.

Yes, Andromeda Innovators is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0141253).

Andromeda Innovators can be reached through the website ainnovators.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Andromeda Innovators is at 119 A Bommasandra Industrial Area Hebbagodi, Bangalore, Karnataka, India – 560099.