Culair (India) Pvt Ltd
About Culair (India) Pvt Ltd
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Culair (India) Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 21 August 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29192MH1984PTC033799.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ritvi Ketan Mehta and Tvisha Ketan Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 7 Bit Blocks Laxminarayan Lane Near Rambaug Matunga, Mumbai, Maharashtra, India – 400019.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.89 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹3.7 Lakh (net margin 37.4%) and EBITDA of ₹4.38 Lakh (EBITDA margin 44.3%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Culair (India) Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 7 Bit Blocks Laxminarayan Lane Near Rambaug Matunga, Mumbai, Maharashtra, India – 400019
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Culair (India) Pvt Ltd, 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 Culair (India) is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Culair (India) Pvt Ltd, buy the company report.
Financials of Culair (India) Pvt Ltd
FY 2025 filings availableCulair (India) Pvt Ltd reported revenue of ₹9.89 Lakh (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 45% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. 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 | ₹4.38 Lakh | ||||
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| Net Profit (PAT) | ₹3.7 Lakh | ||||
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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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| EBITDA Margin | 44.3% | ||||
| Net Profit Margin | 37.4% | ||||
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To see the full financial statements and ratios of Culair (India) Pvt Ltd, buy the company report.
Board of directors of Culair (India) Pvt Ltd
Culair (India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritvi Ketan Mehta | Director | 22 Jan 2022 | 4 Years 9 Months | Current |
| Tvisha Ketan Mehta | Director | 22 Jan 2022 | 4 Years 9 Months | Current |
| Bhumika Ketan Mehta | Director | 10 Oct 2008 | 18 Years 0 Months | Current |
| Ketan Hemant Mehta | Director | 21 Aug 1984 | 42 Years 2 Months | Current |
Auditor
Culair (India) Pvt Ltd is audited by S S RATHI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S RATHI & CO | FY 2019 | 108726W |
Shareholding
The shareholding of Culair (India) Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Culair (India) Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jul 2002 | 90188874 | The Karur Vysya Bank Ltd. | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Culair (India) Pvt Ltd 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 Culair (India) Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Culair (India) Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Culair (India) Pvt Ltd has 8 board changes on record since 1984: 4 appointments and 4 cessations. The latest: Ritvi Ketan Mehta ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Culair (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 21 August 1984 (42+ years old) and is registered under CIN U29192MH1984PTC033799.
Culair (India) has 4 current directors:
- Ritvi Ketan Mehta - Director
- Tvisha Ketan Mehta - Director
- Bhumika Ketan Mehta - Director
- Ketan Hemant Mehta - Director
The latest financial statements of Culair (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Culair (India) is U29192MH1984PTC033799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Culair (India) was incorporated on 21 August 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Ritvi Ketan Mehta ceased to be Additional Director on 29 Sep 2023. Tvisha Ketan Mehta ceased to be Additional Director on 29 Sep 2023. Ritvi Ketan Mehta was appointed as Director on 22 Jan 2022. Culair (India) has 8 board changes on record in total.
The registered office of Culair (India) is at A – 7 Bit Blocks Laxminarayan Lane Near Rambaug Matunga, Mumbai, Maharashtra, India – 400019.
Culair (India) operates in the financial services industry, in the diversified financial services segment.
Culair (India) has open charges of ₹5 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Culair (India) is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.