About Bangalore Airport & Infrastructure Developers Limited
Data last updated:
Bangalore Airport & Infrastructure Developers Limited is a public limited company based in Secunderabad, Telangana, India, a subsidiary of Gvk Airport Developers Limited. It operates in the airport infrastructure and development segment of the infrastructure and utilities sector. It was incorporated on 16 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45200TG2006PLC051693. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10.1 Lakh and a paid-up capital of ₹5.06 Lakh. It was formerly known as Mumbai Airport Developers Private Limited and Bangalore Airport & Infrastructure Developers Private Limited. It is led by directors including Nirmal Vinaychandra Shah and Ashu Madan.
Its last annual general meeting (AGM) was held on 21 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 156 – 159 Paigah House S P Road, Secunderabad, Telangana, India – 500003.
As per MCA filings, the company has open charges of ₹16,168 Cr and satisfied charges of ₹1,777.48 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹190 Cr; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gvk.com.
Company details
Name history
Bangalore Airport & Infrastructure Developers has undergone 2 name changes throughout its history. The company was previously known as Mumbai Airport Developers Private Limited, and Bangalore Airport & Infrastructure Developers Private Limited. The current legal name is Bangalore Airport & Infrastructure Developers Limited.
| Company Name | Status |
|---|---|
| Bangalore Airport & Infrastructure Developers Limited | Current |
| Mumbai Airport Developers Private Limited | Previous |
| Bangalore Airport & Infrastructure Developers Private Limited | Previous |
CIN history
Bangalore Airport & Infrastructure Developers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45200TG2006PLC051693, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200TG2006PLC051693 | Current |
| U45200AP2006PTC051693 | Previous |
| U45200TG2006PTC051693 | Previous |
Contact details
Bangalore Airport & Infrastructure Developers Limited's registered office is in Secunderabad, Telangana. Its website is gvk.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address156 – 159 Paigah House S P Road, Secunderabad, Telangana, India – 500003
- IndustryInfrastructure and Utilities, Airport Infrastructure & Development
To see the full contact details of Bangalore Airport & Infrastructure Developers 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
Business activity
The main business activity of Bangalore Airport & Infrastructure Developers is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
Financials of Bangalore Airport & Infrastructure Developers Limited
FY 2025 filings availableBangalore Airport & Infrastructure Developers Limited reported revenue of ₹1,000 (down 96% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 96% over five years, including a 96% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Bangalore Airport & Infrastructure Developers Limited, buy the company report.
Board of directors of Bangalore Airport & Infrastructure Developers Limited
Bangalore Airport & Infrastructure Developers has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Vinaychandra Shah Also directs: GVK Airport Holdings Limited | Director | 07 May 2022 | 4 Years 6 Months | Current |
| Ashu Madan Also directs: Aghport Aviation Services Limited, Aghport Aviation Services Private Limited, Ahmedabad International Airport Limited and 4 more | Director | 15 Nov 2021 | 4 Years 11 Months | Current |
| Niraj Kumar Also directs: GVK Airport Holdings Limited, Tabemono True Aromas Limited | Additional Director | 25 Jul 2025 | 1 Years 3 Months | Current |
| Akash Mahendrabhai Soni Also directs: Adani Aviation Fuel Services Limited, Aviserve Facilities Limited, Aviground Facilities Limited and 3 more | Additional Director | 25 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Bangalore Airport & Infrastructure Developers Limited is audited by Ravindra B. Mehta & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravindra B. Mehta & Associates | FY 2023 | 118543W |
Shareholding
The shareholding of Bangalore Airport & Infrastructure Developers 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 Bangalore Airport & Infrastructure Developers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2017 | 100085775 | Others | ₹3,215 Cr | Open | |
| 24 Mar 2017 | 100086060 | Others | ₹6,768.9 Cr | Open | |
| 22 Jul 2014 | 10524881 | Idbi Trusteeship Services Limited | ₹1,100 Cr | Open | |
| 28 Sep 2011 | 10315808 | Axis Bank Limited | ₹5,083.92 Cr | Open | |
| 09 Mar 2016 | 100017905 | Yes Bank Limited | ₹650 Cr | Satisfied |
To see the full charge records of Bangalore Airport & Infrastructure Developers Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Bangalore Airport & Infrastructure Developers Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹190 Cr; the latest was in March 2019.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: GVK Airport Developers Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: GVK Airport Developers Limited Seller: Icici Bank Limited |
| Sep 2016 | Funding round | ₹119.89 Cr | Investors: Icici Bank Limited |
To see the full deal history of Bangalore Airport & Infrastructure Developers 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
Bangalore Airport & Infrastructure Developers Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by Bank of India | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Bank of India | Disposed |
To see the full case history of Bangalore Airport & Infrastructure Developers 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
No delayed payments to MSME suppliers are on our record for Bangalore Airport & Infrastructure Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bangalore Airport & Infrastructure Developers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bangalore Airport & Infrastructure Developers Limited, buy the company report.
Recent activity
Bangalore Airport & Infrastructure Developers Limited has 18 board changes on record since 2009: 4 appointments and 14 cessations. The latest: Akash Mahendrabhai Soni was appointed as Additional Director on 25 Jul 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Bangalore Airport & Infrastructure Developers is an active public limited company based in Secunderabad, Telangana, India. The company works in airport infrastructure and development, within the infrastructure and utilities industry. It was incorporated on 16 November 2006 (20+ years old) and is registered under CIN U45200TG2006PLC051693.
Bangalore Airport & Infrastructure Developers has 4 current directors:
- Nirmal Vinaychandra Shah - Director
- Ashu Madan - Director
- Niraj Kumar - Additional Director
- Akash Mahendrabhai Soni - Additional Director
The latest financial statements of Bangalore Airport & Infrastructure Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 June 2025. Year-wise statements from 2015 are in the company report.
No. Bangalore Airport & Infrastructure Developers has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Bangalore Airport & Infrastructure Developers is U45200TG2006PLC051693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bangalore Airport & Infrastructure Developers has 2 court cases on record: 2 filed against it. 1 is pending.
Bangalore Airport & Infrastructure Developers was incorporated on 16 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Hyderabad.
Bangalore Airport & Infrastructure Developers has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹190 Cr; the latest was in March 2019.
Akash Mahendrabhai Soni was appointed as Additional Director on 25 Jul 2025. Niraj Kumar was appointed as Additional Director on 25 Jul 2025. Kapil Batra ceased to be Additional Director on 21 Jun 2024. Bangalore Airport & Infrastructure Developers has 18 board changes on record in total.
Bangalore Airport & Infrastructure Developers can be reached through the website gvk.com. Its registered office is in Secunderabad, Telangana, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
