About Draft-Air (India) Private Limited.
Data last updated:
Draft-Air (India) Private Limited. is a private limited company based in New Delhi, Delhi, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 19 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC067479. Its GSTIN is 24AAACA7645J1ZO (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Ambe Industries Pvt. Ltd. It is led by directors including Gunvant Dayabhai Panchal and Sainitesh Panchal Gunvantbhai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 101 Shree Mahaveer Bhawan C – 2 Karampura Comm Centre, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.01 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹25.03 Lakh (net margin 1.4%) and EBITDA of ₹1.13 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹52.66 Cr and satisfied charges of ₹39.7 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 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 draftair.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address101 Shree Mahaveer Bhawan C – 2 Karampura Comm Centre, New Delhi, Delhi, India – 110015
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems, Industrial Machinery 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
- One PDF report, delivered after checkout
Business Activity of Draft-Air (India) Private Limited.
The main business activity of Draft-Air (India) Private Limited is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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.
Financials of Draft-Air (India) Private Limited. FY 2024 filings available
Draft-Air (India) Private Limited. reported revenue of ₹18.01 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Draft-Air (India) Private Limited.
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 6% growth in the latest year. EBITDA rose 13% 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 of Draft-Air (India) 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.13 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.03 Lakh | •••• | •••• | •••• | •••• |
| 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 of Draft-Air (India) Private Limited.
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Draft-Air (India) Private Limited are in the company report.
Financial statements from 2015
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.
Peer Comparison of Draft-Air (India) Private Limited.
Draft-Air (India) Private Limited. is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jintech Engineering Private Limited | ₹18.06 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Shreeraj Roto India Limited | ₹18.06 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Bihari Ji Containers Unit V Private Limited | ₹18.06 Cr (FY 2025) | •••• | •••• | 124.0% | •••• | Bhubaneswar, Odisha, India |
| Zeon Belts Private Limited | ₹18.04 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Jalandhar, Punjab, India |
| JDC Technology Private Limited | ₹18.03 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Ahmedabad, Gujarat, India |
| Draft-Air (India) Private Limited. this company | ₹18.01 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Veegrip Belts Private Limited | ₹17.98 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Vadipatti, Tamil Nadu, India |
| Pipe Hangers & Supports Private Limited | ₹17.96 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Miven Automation Technologies Private Limited | ₹17.93 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Hubli, Karnataka, India |
| Suyara Industries Private Limited | ₹17.92 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Pune, Maharashtra, India |
| Samr Filtration Private Limited | ₹17.9 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | West Bengal, India |
Peers are the five companies nearest above and the five nearest below Draft-Air (India) Private Limited by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Draft-Air (India) Private Limited.
Draft-Air (India) Private Limited. is audited by P.C.RATHOD & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.C.RATHOD & 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 Draft-Air (India) Private Limited.
Draft-Air (India) Private Limited has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunvant Dayabhai Panchal Also directs: Chicago Blower (India) Private Limited | Director | 08 Jan 2007 | 19 Years 9 Months | Current |
| Sainitesh Panchal Gunvantbhai Also directs: Chicago Blower (India) Private Limited | Director | 16 May 2010 | 16 Years 4 Months | Current |
| Prakash Gunvantbhai Panchal Also directs: Chicago Blower (India) Private Limited | Director | 20 Sep 2019 | 7 Years 0 Months | Current |
| Mina Panchal Gunvant Also directs: Chicago Blower (India) Private Limited | Director | 19 Apr 1995 | 31 Years 5 Months | Current |
| Bipin C Fuloria | Director | 22 Oct 2021 | 4 Years 11 Months | Current |
Ownership and Shareholding of Draft-Air (India) 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 Draft-Air (India) Private Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2024 | Hdfc Bank Limited | ₹11.12 Lakh | Open |
| 21 Jul 2023 | Sidbi | ₹3 Cr | Open |
| 31 Dec 2021 | Others | ₹29.47 Cr | Open |
| 31 Dec 2021 | Others | ₹1.22 Cr | Open |
| 31 Dec 2021 | Others | ₹6.25 Cr | Open |
Total charge records: 15 View all charges
Legal Cases of Draft-Air (India) Private Limited.
Draft-Air (India) Private Limited. has 5 court cases on record: 2 filed by Draft-Air (India) Private Limited, 3 filed against it. 1 case is pending and 4 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Hetal Traders | Pending |
| District court, SURAT, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
Full case history
All 5 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.
MSME Payment Delays by Draft-Air (India) Private Limited.
Draft-Air (India) Private Limited. has 10 MSME Form 1 returns on record between 2019 and 2023, listing 115 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 | •••• | •••• | •••• |
| Asawa Insulation Private Limited | •••• | •••• | •••• |
| Sharad Industrial Products Private Limited | •••• | •••• | •••• |
| Safex Industries Limited | •••• | •••• | •••• |
| Shenco Valves Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Draft-Air (India) Private Limited.
Employment history and EPFO contributions of people linked to Draft-Air (India) Private Limited.
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.
Recent Activity on Draft-Air (India) Private Limited.
Draft-Air (India) Private Limited. has 8 board changes on record since 1995: 5 appointments and 3 cessations. The latest: Bipin C Fuloria was appointed as Director on 22 Oct 2021.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Draft-Air (India) 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.
Subsidiaries & Group Companies of Draft-Air (India) 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
Verified entity values are shown only after access is granted.
GST Compliance of Draft-Air (India) Private Limited.
Draft-Air (India) Private Limited has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACA7645J1ZO | Gujarat | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Draft-Air (India) 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.
Frequently Asked Questions about Draft-Air (India) Private Limited.
Draft-Air (India) Private Limited is an active private limited company based in New Delhi, Delhi, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 19 April 1995 (31+ years old) and is registered under CIN U74899DL1995PTC067479.
Draft-Air (India) Private Limited reported revenue of ₹18.01 Cr for FY 2024 (up 6% YoY).
Draft-Air (India) Private Limited has 5 current directors:
- Gunvant Dayabhai Panchal - Director
- Sainitesh Panchal Gunvantbhai - Director
- Prakash Gunvantbhai Panchal - Director
- Mina Panchal Gunvant - Director
- Bipin C Fuloria - Director
Draft-Air (India) Private Limited reported a net profit of ₹25.03 Lakh (net margin 1.4%) and EBITDA of ₹1.13 Cr (EBITDA margin 6.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Draft-Air (India) Private Limited is 21% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Draft-Air (India) Private Limited is 24AAACA7645J1ZO, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Draft-Air (India) Private Limited is U74899DL1995PTC067479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Draft-Air (India) Private Limited has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Draft-Air (India) Private Limited was incorporated on 19 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Draft-Air (India) Private Limited by revenue are Jintech Engineering Private Limited, Shreeraj Roto India Limited, Bihari Ji Containers Unit V Private Limited, Zeon Belts Private Limited, JDC Technology Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Bipin C Fuloria was appointed as Director on 22 Oct 2021. Chetankumar Panchal Govindbhai ceased to be Director on 25 Dec 2019. Prakash Gunvantbhai Panchal was appointed as Director on 20 Sep 2019. Draft-Air (India) Private Limited has 8 board changes on record in total.
Draft-Air (India) Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 115 overdue payments to 6 micro and small suppliers. The latest return was filed on 29 Aug 2023.