DPIIT recognised startup Government of India
Startup India
Latigid Engineering Private Limited - consumer electronics & durables in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.56 Cr
▲ 390% YoY
Net loss · FY 2025
₹30.46 Lakh
Net margin -8.6%
EBITDA · FY 2025
-₹24.76 Lakh
EBITDA margin -7%
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹93.99 Lakh
Issued & subscribed
Open charges
₹2.3 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Latigid Engineering Private Limited
Data last updated:
Latigid Engineering Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 30 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2017PTC043630. Its GSTIN is 23AADCL3532A1Z9 (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹93.99 Lakh. It is led by directors including Shyam Babu Agrawal and Abrar Ahmed.
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 238 Shastri Market Opposite Gandhi Hall, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.56 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹30.46 Lakh (net margin -8.6%) and EBITDA of -₹24.76 Lakh (EBITDA margin -7%). Revenue has grown at a compounded annual rate (CAGR) of 244% over three years and 230% over five years.
The company is associated with 1 brand: Aura Smart. As per MCA filings, the company has open charges of ₹2.3 Cr on record. The company has 4 deals on record (2 rights issues, 2 funding rounds), with disclosed funding of ₹2.29 Cr; the latest was in March 2022.
Latigid Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0042001). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aura-smart.com.
Company details
CIN U74999MP2017PTC043630
Registration Number 043630
Incorporation Date 30 June 2017
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0042001
Recognitions & Rankings of Latigid Engineering
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0042001
Contact details
Latigid Engineering Private Limited's registered office is in Indore, Madhya Pradesh. Its website is aura-smart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address238 Shastri Market Opposite Gandhi Hall, Indore, Madhya Pradesh, India – 452001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Latigid Engineering Private Limited, buy the company report.
Comprehensive company report
Latigid Engineering 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Latigid Engineering operates one associated brand: Aura Smart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of smart home services | aura-smart.com |
Business activity
The main business activity of Latigid Engineering 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 Latigid Engineering Private Limited, buy the company report.
Financials of Latigid Engineering Private Limited
FY 2025 filings availableLatigid Engineering Private Limited reported revenue of ₹3.56 Cr (up 390% YoY) for FY 2025.
Revenue · FY 2025
₹3.56 Cr ▲ 390%
Net loss · FY 2025
₹30.46 Lakh margin -8.6%
EBITDA · FY 2025
-₹24.76 Lakh margin -7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 390%
3 years · compounded
▲ 244%
5 years · compounded
▲ 230%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 6%
5 years · compounded
▼ 9%
Revenue has grown at a compounded annual rate (CAGR) of 230% over five years, including 390% growth in the latest year. EBITDA rose 75% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹24.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.46 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7% | ||||
| Net Profit Margin | -8.6% | ||||
| 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 Latigid Engineering Private Limited, buy the company report.
Board of directors of Latigid Engineering Private Limited
Latigid Engineering has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Babu Agrawal Also directs: Emerald Infratech Limited | Director | 30 Jun 2017 | 9 Years 3 Months | Current |
| Abrar Ahmed | Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Ashwani Agrawal Also directs: Emerald Infratech Limited | Director | 30 Jun 2017 | 9 Years 3 Months | Current |
Auditor
Latigid Engineering Private Limited is audited by MURALI & VENKAT for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURALI & VENKAT | FY 2022 | 002162S |
Charges & borrowings
Open charges
₹2.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2025 | 101118413 | State Bank of India | ₹2.3 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Latigid Engineering Private Limited has 4 deals on record (2 rights issues, 2 funding rounds), with disclosed funding of ₹2.29 Cr; the latest was in March 2022.
Total deals
4
Rights issues
2
Funding rounds
2
Disclosed funding
₹2.29 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round · Seed | ₹2.26 Cr | Investors: Chiratae Ventures (IDG), 2 individuals |
| Sep 2021 | Rights issue | ₹47.4 Lakh | Investors: 4 individuals |
| Mar 2020 | Funding round | ₹2.4 Lakh | Investors: an individual |
| Mar 2019 | Rights issue | ₹20 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Latigid Engineering Private Limited 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 Latigid Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Latigid Engineering has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCL3532A1Z9 | Madhya Pradesh | Active | 02 Aug 2017 |
| 29AADCL3532A1ZX | Karnataka | Active | 23 Jan 2019 |
To see the full GST registrations and return filing status of Latigid Engineering Private Limited, buy the company report.
Recent activity
Latigid Engineering Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Abrar Ahmed ceased to be Additional Director on 30 Nov 2021.
AGM
Latigid Engineering 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. 2.30 Cr with Charge ID 101118413 was registered on 03 Jul 2025.
Filing
Latigid Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Abrar Ahmed ceased to be Additional Director.
Appointed
Abrar Ahmed was appointed as Director.
Appointed
Ashwani Agrawal was appointed as Director.
Appointed
Shyam Babu Agrawal was appointed as Director.
Incorporation
30 Jun 2017
Latigid Engineering Private Limited was registered on 30 Jun 2017 with Roc Gwalior & aged 9 years 3 months as per MCA records.
Frequently asked questions
Latigid Engineering is an active private limited company based in Indore, Madhya Pradesh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 30 June 2017 (9+ years old) and is registered under CIN U74999MP2017PTC043630.
Latigid Engineering has 3 current directors:
- Shyam Babu Agrawal - Director
- Abrar Ahmed - Director
- Ashwani Agrawal - Director
The latest financial statements of Latigid Engineering 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 2018 are in the company report.
The GSTIN of Latigid Engineering is 23AADCL3532A1Z9, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCL3532A1ZX (Karnataka).
The CIN (Corporate Identification Number) of Latigid Engineering is U74999MP2017PTC043630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Latigid Engineering was incorporated on 30 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
Latigid Engineering has 4 deals on record (2 rights issues, 2 funding rounds), with disclosed funding of ₹2.29 Cr; the latest was in March 2022.
Abrar Ahmed ceased to be Additional Director on 30 Nov 2021. Abrar Ahmed was appointed as Director on 01 Mar 2021. Ashwani Agrawal was appointed as Director on 30 Jun 2017. Latigid Engineering has 4 board changes on record in total.
Yes, Latigid Engineering is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Latigid Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0042001).