- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0047449

About Ayatti Innovative Private Limited
Data last updated:
Ayatti Innovative Private Limited is a private limited company based in Ambarnath, Maharashtra, India, a subsidiary of Paras Defence And Space Technologies Limited. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 13 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28139MH2018PTC413220. Its GSTIN is 27AARCA2018E1ZV (Maharashtra).
The company has an authorised share capital of ₹2.8 Cr and a paid-up capital of ₹2.62 Cr. It is led by directors Harshad Vijaysing Rane and Hemali Amish Patel.
Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at M – 6 Additional MIDC Anand Nagar, Ambarnath – East Thane, Maharashtra, India – 421506.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹82.08 Lakh (net margin -68.2%) and EBITDA of ₹4.49 Lakh (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 18% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 3 filed against it. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹6.99 Cr; the latest was in August 2022. Its 3 peer companies in the Engineering industry (Foundry and Fabrication), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 1 smaller; the largest is Pneumatic Atomising Mills Private Limited with revenue of ₹1.21 Cr. The company has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 36 overdue payments to 6 micro and small suppliers.
Ayatti Innovative Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0047449). For more details, the company can be reached via its website ayatti.co.in.
Company details
CIN history
Ayatti Innovative has one previous CIN (Corporate Identification Number): U28139PN2018PTC178147. The current CIN is U28139MH2018PTC413220, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28139MH2018PTC413220 | Current |
| U28139PN2018PTC178147 | Previous |
Recognitions & Rankings of Ayatti Innovative
Contact details
Ayatti Innovative Private Limited's registered office is in Ambarnath, Maharashtra. Its website is ayatti.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressM – 6 Additional MIDC Anand Nagar, Ambarnath – East Thane, Maharashtra, India – 421506
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Ayatti Innovative Private Limited, buy the company report.
- 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
Financials of Ayatti Innovative Private Limited
FY 2025 filings availableAyatti Innovative Private Limited reported revenue of ₹1.2 Cr (up 5323% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years. EBITDA rose 104% 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 | ₹4.49 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹82.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | -68.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ayatti Innovative Private Limited, buy the company report.
Board of directors of Ayatti Innovative Private Limited
Ayatti Innovative has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshad Vijaysing Rane Also directs: Shree Vighnaharta Lifespace LLP, Shree Heights LLP | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
| Hemali Amish Patel | Director | 16 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Ayatti Innovative Private Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pneumatic Atomising Mills Private Limited | ₹1.21 Cr (FY 2024) | -55.0% | Chennai, Tamil Nadu, India | |||
| Durgashri Coaters Private Limited | ₹1.21 Cr (FY 2024) | 3.0% | Bangalore, Karnataka, India | |||
| Ayatti Innovative Private Limitedthis company | ₹1.2 Cr (FY 2025) | -₹82.08 Lakh | -68.2% | 5323.0% | 7 | Ambarnath, Maharashtra, India |
| K.R.S. Engineering India Private Limited | ₹1.2 Cr (FY 2025) | -48.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Ayatti Innovative Private Limited, buy the company report.
Auditor
Ayatti Innovative Private Limited is audited by CBJ & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CBJ & Associates | FY 2023 | 127647W |
Shareholding
The shareholding of Ayatti Innovative 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ayatti Innovative Private Limited, buy the company report.
Deals & funding
Ayatti Innovative Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹6.99 Cr; the latest was in August 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Funding round | ₹6.99 Cr | Investors: Paras Defence and Space Technologies Limited |
| Aug 2022 | Rights issue | ₹1 Cr | Investors: 2 individuals |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ayatti Innovative Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Ayatti Innovative Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Ayatti Innovative Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 36 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shobha Fabricators Private Limited CN | |||
| Arm Welders Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ayatti Innovative Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ayatti Innovative Private Limited has a workforce of 7 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Ayatti Innovative has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA2018E1ZV | Maharashtra | Active | 13 Oct 2018 |
To see the full GST registrations and return filing status of Ayatti Innovative Private Limited, buy the company report.
Recent activity
Ayatti Innovative Private Limited has 10 board changes on record since 2018: 2 appointments and 8 cessations. The latest: Hemali Amish Patel ceased to be Additional Director on 30 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
Ayatti Innovative is an active private limited company based in Ambarnath, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 13 August 2018 (8+ years old) and is registered under CIN U28139MH2018PTC413220.
Ayatti Innovative has 2 current directors:
- Harshad Vijaysing Rane - Director
- Hemali Amish Patel - Director
The latest financial statements of Ayatti Innovative on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 August 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ayatti Innovative is 27AARCA2018E1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ayatti Innovative is U28139MH2018PTC413220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ayatti Innovative has 3 court cases on record: 3 filed against it.
Ayatti Innovative was incorporated on 13 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Ayatti Innovative has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹6.99 Cr; the latest was in August 2022.
The peers of Ayatti Innovative by revenue are Pneumatic Atomising Mills Private Limited, Durgashri Coaters Private Limited, K.R.S. Engineering India Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Hemali Amish Patel ceased to be Additional Director on 30 Sep 2022. Milind Ravikant Tulaskar ceased to be Director on 18 Jul 2022. Hemali Amish Patel was appointed as Director on 16 Jul 2022. Ayatti Innovative has 10 board changes on record in total.
Yes, Ayatti Innovative is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0047449).
Ayatti Innovative has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 36 overdue payments to 6 micro and small suppliers. The latest return was filed on 16 Dec 2023.

