- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0110913

About Asteria Aerospace Limited
Data last updated:
Asteria Aerospace Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Jio Platforms Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 06 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2011PLC157849.
The company has an authorised share capital of ₹41.01 Lakh and a paid-up capital of ₹8.08 Lakh. It was formerly known as Asteria Aerospace Private Limited. It is led by directors including Nihar Vartak Vinayak (Whole-Time Director) and Neel Mehta Kushal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.57 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net loss of ₹1.99 Cr (net margin -4.8%) and EBITDA of ₹2.64 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 84% over five years.
The company has about 298 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Asteria Aerospace. As per MCA filings, the company has satisfied charges of ₹1.56 Cr on record. The company has 12 deals on record (5 secondary share transfers, 3 acquisitions, 2 funding rounds), with disclosed funding of ₹62.13 Cr; the latest was in March 2024. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 8 overdue payments to 5 micro and small suppliers.
Asteria Aerospace Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0110913). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asteria.co.in.
Company details
CIN history
Asteria Aerospace has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999GJ2011PLC157849, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2011PLC157849 | Current |
| U74999KA2011PTC110878 | Previous |
| U74999KA2011PLC110878 | Previous |
| U74999MH2011PTC218324 | Previous |
Recognitions & Rankings of Asteria Aerospace
Contact details
Asteria Aerospace Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Registered AddressOffice – 101 Saffron, Nr. Centre Point Panchwati 5 Rasta Ambawadi, Ahmedabad, Gujarat, India – 380006
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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
Brands
Asteria Aerospace operates one associated brand: Asteria Aerospace. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Intelligent unmanned aerial vehicles are supplied for aerial intelligence applications. | asteria.co.in |
Business activity
The main business activities of Asteria Aerospace are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Asteria Aerospace Limited, buy the company report.
Financials of Asteria Aerospace Limited
FY 2025 filings availableAsteria Aerospace Limited reported revenue of ₹41.57 Cr (up 63% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 84% over five years, including 63% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹41.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.99 Cr | ||||
| 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | -4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Asteria Aerospace Limited, buy the company report.
Board of directors of Asteria Aerospace Limited
Asteria Aerospace has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nihar Vartak Vinayak | Whole-Time Director | 01 Sep 2020 | 6 Years 2 Months | Current |
| Shobhan Madhukant Thakore Also directs: New Emerging World of Journalism Limited, Indiavidual Learning Limited, Tesseract Imaging Limited and 2 more | Director | 16 Jan 2023 | 3 Years 9 Months | Current |
| Kshitij Marwah Also directs: Nowfloats Technologies Limited, Skymet Weather Services Private Limited, Animus Energy Private Limited and 1 more | Director | 12 Dec 2019 | 6 Years 11 Months | Current |
| Dhirendra Harilal Shah Also directs: Actoserba Active Wholesale Limited, Aaidea Solutions Limited, Dhyan Investments and Trading Company Private Limited and 5 more | Director | 16 Jan 2023 | 3 Years 9 Months | Current |
| Neel Mehta Kushal | Whole-Time Director | 06 Jun 2011 | 15 Years 5 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2021 | 100420992 | Hdfc Bank Limited | ₹3.54 Lakh | Satisfied | |
| 25 Jan 2021 | 100414474 | Hdfc Bank Limited | ₹1.1 Cr | Satisfied | |
| 06 Jan 2021 | 100409027 | Hdfc Bank Limited | ₹14.18 Lakh | Satisfied | |
| 04 Jan 2021 | 100409191 | Hdfc Bank Limited | ₹11.6 Lakh | Satisfied | |
| 14 Oct 2020 | 100384310 | Hdfc Bank Limited | ₹2 Lakh | Satisfied |
To see the full charge records of Asteria Aerospace Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Asteria Aerospace Limited has 12 deals on record (5 secondary share transfers, 3 acquisitions, 2 funding rounds), with disclosed funding of ₹62.13 Cr; the latest was in March 2024.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2021 | Acquisition | ₹64.97 Cr | Buyer: Jio Platforms Limited |
| Mar 2020 | Acquisition | ₹63.13 Cr | Buyer: Jio Platforms Limited Seller: Reliance Strategic Business Ventures Limited |
| Jan 2020 | Rights issue | ₹40 Cr | Investors: Reliance Strategic Business Ventures Limited |
| Dec 2019 | Acquisition | ₹23.13 Cr | Buyer: Reliance Strategic Business Ventures Limited Seller: 4 individuals |
To see the full deal history of Asteria Aerospace 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 Asteria Aerospace 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
Asteria Aerospace Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 8 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Crossdomain Solutions Pvt. Ltd. | |||
| Stratnel Technologies LLP | |||
| an individual supplier | |||
| Imaginarium Rapid Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Asteria Aerospace Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Asteria Aerospace Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asteria Aerospace Limited has 13 board changes on record since 2011: 5 appointments and 8 cessations. The latest: Dhirendra Harilal Shah ceased to be Additional Director on 30 Mar 2023.
30 earlier events are in the company report.
News
Frequently asked questions
Asteria Aerospace is an active public limited company based in Ahmedabad, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 06 June 2011 (15+ years old) and is registered under CIN U74999GJ2011PLC157849.
Asteria Aerospace has 5 current directors:
- Nihar Vartak Vinayak - Whole-Time Director
- Neel Mehta Kushal - Whole-Time Director
- Shobhan Madhukant Thakore - Director
- Kshitij Marwah - Director
- Dhirendra Harilal Shah - Director
The latest financial statements of Asteria Aerospace on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Asteria Aerospace is U74999GJ2011PLC157849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asteria Aerospace was incorporated on 06 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Asteria Aerospace has 12 deals on record (5 secondary share transfers, 3 acquisitions, 2 funding rounds), with disclosed funding of ₹62.13 Cr; the latest was in March 2024.
Dhirendra Harilal Shah ceased to be Additional Director on 30 Mar 2023. Shobhan Madhukant Thakore ceased to be Additional Director on 30 Mar 2023. Dhirendra Harilal Shah was appointed as Director on 16 Jan 2023. Asteria Aerospace has 13 board changes on record in total.
Yes, Asteria Aerospace is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0110913).
Asteria Aerospace has 2 MSME Form 1 returns on record between 2018 and 2019, listing 8 overdue payments to 5 micro and small suppliers. The latest return was filed on 04 Jun 2019.
Asteria Aerospace can be reached through the website asteria.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Asteria Aerospace is at Office – 101 Saffron, Nr. Centre Point Panchwati 5 Rasta Ambawadi, Ahmedabad, Gujarat, India – 380006.

