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Indo Wings Private Limited - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹30.65 Cr
▲ 177% YoY
Net profit · FY 2025
₹4.12 Cr
Net margin 13.4%
EBITDA · FY 2025
₹6.86 Cr
EBITDA margin 22.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.01 Lakh
Issued & subscribed
Open charges
₹107.99 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Indo Wings Private Limited
Data last updated:
Indo Wings Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 10 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2020PTC373018. Its GSTIN is 07AAFCI8944R1ZN (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.01 Lakh. It is led by directors Paras Jain and Harsh Jain.
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 Dpt802 F – 79 & 80 DLF Prime Towers Okhla Phase 1, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.65 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.12 Cr (net margin 13.4%) and EBITDA of ₹6.86 Cr (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 616% over three years.
The company is associated with 1 brand: IndoWings. As per MCA filings, the company has open charges of ₹107.99 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Indo Wings Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0015871). For more details, the company can be reached via its website indowings.com.
Company details
CIN U72900DL2020PTC373018
Registration Number 373018
Incorporation Date 10 November 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0015871
Key People
Paras Jain Director Harsh Jain Director Recognitions & Rankings of Indo Wings
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-28-0015871
Contact details
Indo Wings Private Limited's registered office is in New Delhi, Delhi. Its website is indowings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDpt802 F – 79 & 80 DLF Prime Towers Okhla Phase 1, New Delhi, Delhi, India – 110020
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Indo Wings Private Limited, buy the company report.
Comprehensive company report
Indo Wings Private Limited - one report that includes everything
- 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
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Brands
Indo Wings operates one associated brand: IndoWings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops advanced drones for surveillance, mapping, agriculture, and disaster management applications. | indowings.com |
Business activity
The main business activity of Indo Wings is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Indo Wings Private Limited, buy the company report.
Financials of Indo Wings Private Limited
FY 2025 filings availableIndo Wings Private Limited reported revenue of ₹30.65 Cr (up 177% YoY) for FY 2025.
Revenue · FY 2025
₹30.65 Cr ▲ 177%
Net profit · FY 2025
₹4.12 Cr margin 13.4%
EBITDA · FY 2025
₹6.86 Cr margin 22.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 177%
3 years · compounded
▲ 616%
EBITDA CAGR growth
1 year
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 616% over three years, including 177% growth in the latest year. EBITDA rose 39% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹30.65 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.12 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.4% | ||||
| Net Profit Margin | 13.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Indo Wings Private Limited, buy the company report.
Board of directors of Indo Wings Private Limited
Indo Wings has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paras Jain Also directs: Audra Food Works LLP, Audra Jewel Industry Private Limited, Oumaha EV Tech Private Limited and 5 more | Director | 10 Nov 2020 | 5 Years 11 Months | Current |
| Harsh Jain Also directs: Audra Food Works LLP, Audra Jewel Industry Private Limited, Nominal Capital Infin Private Limited and 5 more | Director | 10 Nov 2020 | 5 Years 11 Months | Current |
Auditor
Indo Wings Private Limited is audited by LALIT GUPTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LALIT GUPTA & ASSOCIATES | FY 2023 | 004540N |
Shareholding
The shareholding of Indo Wings Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Indo Wings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹107.99 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2026 | 101295359 | Axis Bank Limited | ₹32 Cr | Open | |
| 24 Mar 2026 | 101270528 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 27 Feb 2026 | 101246125 | Sidbi | ₹20 Cr | Open | |
| 19 Feb 2026 | 101265845 | Sidbi | ₹50 Lakh | Open | |
| 04 Aug 2025 | 101141773 | State Bank of India | ₹45.5 Cr | Open |
Total charge records: 8 View all charges
Legal cases
Indo Wings Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by M/S Databricks Limited | Pending |
To see the full case history of Indo Wings 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
No delayed payments to MSME suppliers are on our record for Indo Wings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indo Wings Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Indo Wings has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCI8944R1ZN | Delhi | Active | 14 Mar 2021 |
| 09AAFCI8944R1ZJ | Uttar Pradesh | Active | 11 Aug 2021 |
To see the full GST registrations and return filing status of Indo Wings Private Limited, buy the company report.
Recent activity
Indo Wings Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Harsh Jain was appointed as Director on 10 Nov 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 32.00 Cr with Charge ID 101295359 was registered on 19 May 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 101270528 was registered on 24 Mar 2026.
Charges
A charge with Sidbi amounted to Rs. 20.00 Cr with Charge ID 101246125 was registered on 27 Feb 2026.
Charges
A charge with Sidbi amounted to Rs. 0.50 Cr with Charge ID 101265845 was registered on 19 Feb 2026.
AGM
Indo Wings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 45.50 Cr with Charge ID 101141773 was registered on 04 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.49 Cr with Charge ID 101136727 was registered on 24 Apr 2025.
Filing
Indo Wings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.60 Cr with Charge ID 101187940 was registered on 31 Mar 2025.
Charges
A charge with Sidbi amounted to Rs. 8.40 Cr with Charge ID 101004401 was registered on 08 Nov 2024.
Appointed
Harsh Jain was appointed as Director.
Appointed
Paras Jain was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Indo Wings is an active private limited company based in New Delhi, Delhi, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 10 November 2020 (6+ years old) and is registered under CIN U72900DL2020PTC373018.
Indo Wings has 2 current directors:
- Paras Jain - Director
- Harsh Jain - Director
The latest financial statements of Indo Wings 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 FY 2021 are in the company report.
The GSTIN of Indo Wings is 07AAFCI8944R1ZN, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAFCI8944R1ZJ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Indo Wings is U72900DL2020PTC373018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo Wings has 1 court case on record: 1 filed against it. 1 is pending.
Indo Wings was incorporated on 10 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Harsh Jain was appointed as Director on 10 Nov 2020. Paras Jain was appointed as Director on 10 Nov 2020.
Yes, Indo Wings is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Indo Wings is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0015871).
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