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Aptener Mechatronics Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.18 Cr
▲ 114% YoY
Net loss · FY 2025
₹6.03 Cr
Net margin -29.9%
EBITDA · FY 2025
-₹5.04 Cr
EBITDA margin -25%
Authorised capital
₹1.76 Cr
Registered with MCA
Paid-up capital
₹1.46 Cr
Issued & subscribed
Open charges
₹3.9 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
28
Provident fund records
About Aptener Mechatronics Private Limited
Data last updated:
Aptener Mechatronics Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 18 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC099282. Its GSTIN is 29AAPCA1091D1ZO (Karnataka). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.76 Cr and a paid-up capital of ₹1.46 Cr. It is led by directors including Srinivasan Chakravarthy and Sundararajan Krishnan Pandalgudi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.18 Cr, a growth of 114% compared to the previous year. For the same year it recorded a net loss of ₹6.03 Cr (net margin -29.9%) and EBITDA of -₹5.04 Cr (EBITDA margin -25%). Revenue has grown at a compounded annual rate (CAGR) of 142% over three years and 68% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BluArmor. As per MCA filings, the company has open charges of ₹3.9 Cr on record. The company has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹24.71 Cr; the latest was in December 2023.
Aptener Mechatronics Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0178552). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thebluarmor.com.
Company details
CIN U74999KA2017PTC099282
Registration Number 099282
Incorporation Date 18 January 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0178552
Key People
Srinivasan Chakravarthy Director Samir Kumar Nominee Director Sundararajan Krishnan Pandalgudi Director Recognitions & Rankings of Aptener Mechatronics
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0178552
Contact details
Aptener Mechatronics Private Limited's registered office is in Bangalore, Karnataka. Its website is thebluarmor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo R32 V N Arcade I Floor Kssidc Industrial Estate I Cross Bommasandra Industrial Area II P, Hase, Bangalore, Karnataka, India – 560099
- IndustryE-Commerce, Online Automotive Platforms
To see the full contact details of Aptener Mechatronics Private Limited, buy the company report.
Comprehensive company report
Aptener Mechatronics 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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Brands
Aptener Mechatronics operates one associated brand: BluArmor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Helmet communication systems for motorcycles are provided. | thebluarmor.com |
Business activity
The main business activity of Aptener Mechatronics is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Aptener Mechatronics Private Limited, buy the company report.
Financials of Aptener Mechatronics Private Limited
FY 2025 filings availableAptener Mechatronics Private Limited reported revenue of ₹20.18 Cr (up 114% YoY) for FY 2025.
Revenue · FY 2025
₹20.18 Cr ▲ 114%
Net loss · FY 2025
₹6.03 Cr margin -29.9%
EBITDA · FY 2025
-₹5.04 Cr margin -25%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 114%
3 years · compounded
▲ 142%
5 years · compounded
▲ 68%
EBITDA CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 19%
5 years · compounded
▼ 7%
Revenue has grown at a compounded annual rate (CAGR) of 68% over five years, including 114% growth in the latest year. EBITDA fell 62% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.04 Cr | ||||
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| Net Profit (PAT) | -₹6.03 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -25% | ||||
| Net Profit Margin | -29.9% | ||||
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To see the full financial statements and ratios of Aptener Mechatronics Private Limited, buy the company report.
Board of directors of Aptener Mechatronics Private Limited
Aptener Mechatronics has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Chakravarthy Also directs: Cirel Systems Private Limited | Director | 18 Jan 2017 | 9 Years 9 Months | Current |
| Samir Kumar | Nominee Director | 31 Jan 2019 | 7 Years 8 Months | Current |
| Sundararajan Krishnan Pandalgudi | Director | 18 Jan 2017 | 9 Years 9 Months | Current |
| Manish Kumar Belmannu | Nominee Director | 06 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Aptener Mechatronics Private Limited is audited by KALYANASUNDARAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALYANASUNDARAM & ASSOCIATES | FY 2023 | 005455S |
Shareholding
The shareholding of Aptener Mechatronics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aptener Mechatronics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2023 | 100740991 | Hdfc Bank Limited | ₹3.9 Cr | Open |
To see the full charge records of Aptener Mechatronics Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Aptener Mechatronics Private Limited has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹24.71 Cr; the latest was in December 2023.
Total deals
9
Funding rounds
4
Secondary share transfers
4
Rights issue
1
Disclosed funding
₹24.71 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Vega Auto Accessories Limited , an individual |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Vega Auto Accessories Limited , 3 individuals Seller: 3 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Oct 2017 | Rights issue | ₹1 Cr | Investors: 4 individuals |
To see the full deal history of Aptener Mechatronics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Aptener Mechatronics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aptener Mechatronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aptener Mechatronics Private Limited has a workforce of 28 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
100%
GST
Aptener Mechatronics has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCA1091D1ZO | Karnataka | Active | 01 Jul 2017 |
| 27AAPCA1091D1ZS | Maharashtra | Active | 31 Jan 2024 |
To see the full GST registrations and return filing status of Aptener Mechatronics Private Limited, buy the company report.
Recent activity
Aptener Mechatronics Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Manish Kumar Belmannu was appointed as Nominee Director on 06 Mar 2019.
AGM
Aptener Mechatronics Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 3.90 Cr registered on 24 Jun 2023 with Charge ID 100740991 was modified on 11 Apr 2025.
Filing
Aptener Mechatronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.90 Cr with Charge ID 100740991 was registered on 24 Jun 2023.
Appointed
Manish Kumar Belmannu was appointed as Nominee Director.
Appointed
Samir Kumar was appointed as Nominee Director.
Appointed
Srinivasan Chakravarthy was appointed as Director.
Appointed
Sundararajan Krishnan Pandalgudi was appointed as Director.
Incorporation
18 Jan 2017
Aptener Mechatronics Private Limited was registered on 18 Jan 2017 with Roc Bangalore & aged 9 years 9 months as per MCA records.
News
Frequently asked questions
Aptener Mechatronics is an active private limited company based in Bangalore, Karnataka, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 18 January 2017 (9+ years old) and is registered under CIN U74999KA2017PTC099282.
Aptener Mechatronics has 4 current directors:
- Srinivasan Chakravarthy - Director
- Samir Kumar - Nominee Director
- Sundararajan Krishnan Pandalgudi - Director
- Manish Kumar Belmannu - Nominee Director
The latest financial statements of Aptener Mechatronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Aptener Mechatronics is 29AAPCA1091D1ZO, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAPCA1091D1ZS (Maharashtra).
The CIN (Corporate Identification Number) of Aptener Mechatronics is U74999KA2017PTC099282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aptener Mechatronics was incorporated on 18 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Aptener Mechatronics has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹24.71 Cr; the latest was in December 2023.
Manish Kumar Belmannu was appointed as Nominee Director on 06 Mar 2019. Samir Kumar was appointed as Nominee Director on 31 Jan 2019. Srinivasan Chakravarthy was appointed as Director on 18 Jan 2017. Aptener Mechatronics has 4 board changes on record in total.
Yes, Aptener Mechatronics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aptener Mechatronics is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0178552).