About Ayu Devices Private Limited
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Ayu Devices Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 20 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29308MH2017PTC297617. Its GSTIN is 27AAPCA8306D1ZO (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹45.3 Lakh and a paid-up capital of ₹1.36 Lakh. It is led by directors Ginson George and Adarsha Kachappilly Antony.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.28 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Cr (net margin -134.2%) and EBITDA of -₹1.49 Cr (EBITDA margin -117%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 13% over five years.
The company is associated with 1 brand: AyuSynk. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ayusynk.ai.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressPlot No. A – 22 3rd Floor Area MIDC Ttc Industrial Area, Khairana, Thane, Maharashtra, India – 400705
- IndustryHealthcare, HealthTech & Medical Tech Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Ayu Devices Private Limited
Ayu Devices operates one associated brand: AyuSynk. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital stethoscopes are provided for telemedicine and remote auscultation. | ayusynk.ai |
Competitors & Alternatives of Ayu Devices Private Limited
Brands and companies operating in the same space as Ayu Devices Private Limited include AMI Corporation, Stethophone, eKuore and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 AMI Corporation | Stethoscopes for heart disease diagnosis are provided by AMI Corporation. | Minamata, Japan | 2015 |
 Stethophone | Smartphone-based stethoscope for cardiac and pulmonary data is provided. | St. John's, Canada | 2021 |
 eKuore | Wireless electronic stethoscopes are developed for cardiac anomaly detection. | Valencia, Spain | 2013 |
 AiSteth | A smart stethoscope for cardiac screening is developed. | Bengaluru, India | 2018 |
 HD Medical Group | Developer of stethoscopes with integrated phonocardiogram visual display | Melbourne, Australia | 2005 |
 Laennec AI | AI-powered digital stethoscope and companion app for professionals | Cardiff, United Kingdom | 2022 |
 M3DICINE | Wireless AI-enabled stethoscope system is developed for anomaly detection. | Eight Mile Plains, Australia | 2015 |
 Stemoscope | Offers digital stethoscopes and apps for medical sound amplification and remote diagnosis. | San Diego, United States | 2018 |
 Thinklabs | Manufactures digital stethoscopes with amplification for healthcare diagnostics. | Centennial, United States | 1991 |
Business Activity of Ayu Devices Private Limited
The main business activity of Ayu Devices is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Ayu Devices Private Limited
Ayu Devices Private Limited is audited by N S R S & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N S R S & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ayu Devices Private Limited
Ayu Devices has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ginson George | Director | 01 May 2024 | 2 Years 5 Months | Current |
| Adarsha Kachappilly Antony | Director | 20 Jul 2017 | 9 Years 2 Months | Current |
Financials of Ayu Devices Private Limited FY 2025 filings available
Ayu Devices Private Limited reported revenue of ₹1.28 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ayu Devices Private Limited
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. 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 of Ayu Devices Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.71 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ayu Devices Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -117% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -134.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ayu Devices are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ayu Devices Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ayu Devices Private Limited
Ayu Devices Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ayu Devices Private Limited
Employment history and EPFO contributions of people linked to Ayu Devices.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Ayu Devices Private Limited
Ayu Devices has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA8306D1ZO | Maharashtra | Active | 07 Aug 2018 |
| 29AAPCA8306D1ZK | Karnataka | Active | 07 May 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Ayu Devices Private Limited
Ayu Devices Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Ayu Devices Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ayu Devices Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ayu Devices Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Ayu Devices Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Ayu Devices Private Limited
Frequently Asked Questions about Ayu Devices Private Limited
Ayu Devices is an active private limited company based in Thane, Maharashtra, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 20 July 2017 (9+ years old) and is registered under CIN U29308MH2017PTC297617.
Ayu Devices reported revenue of ₹1.28 Cr for FY 2024 (down 39% YoY).
Ayu Devices has 2 current directors:
- Ginson George - Director
- Adarsha Kachappilly Antony - Director
Ayu Devices reported a net loss of ₹1.71 Cr (net margin -134.2%) and EBITDA of -₹1.49 Cr (EBITDA margin -117%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ayu Devices is -30% over three years and 13% over five years. In the latest year (FY 2024) revenue fell 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ayu Devices is 27AAPCA8306D1ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAPCA8306D1ZK (Karnataka).
The CIN (Corporate Identification Number) of Ayu Devices is U29308MH2017PTC297617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ayu Devices has 1 court case on record: 1 filed against it. 1 is pending.
Ayu Devices was incorporated on 20 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.