MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-15-0000091
Airef Engineers Private Limited - engineering in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹147.9 Cr
▼ 16% YoY
Net profit · FY 2025
₹4.73 Cr
Net margin 3.2%
EBITDA · FY 2025
₹15.5 Cr
EBITDA margin 10.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹76 Lakh
Issued & subscribed
Open charges
₹144.48 Cr
Satisfied ₹95.12 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
462
Provident fund records
About Airef Engineers Private Limited
Data last updated:
Airef Engineers Private Limited is a private limited company based in Delhi, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 02 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC073590. Its GSTIN is 07AADCA8285H1ZG (Delhi). The company holds 15 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹76 Lakh. It is led by directors including Mahesh Monga (Managing Director) and Rajesh Monga (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 117 Tagore Park Model Town, Delhi, India – 110009.
As per the financials filed for FY 2025, the company reported a revenue of ₹147.9 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹4.73 Cr (net margin 3.2%) and EBITDA of ₹15.5 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 1% over five years.
The company has about 462 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Airef Engineers. As per MCA filings, the company has open charges of ₹144.48 Cr and satisfied charges of ₹95.12 Cr on record. Court records list 48 cases involving the company, including 22 filed by the company and 26 filed against it; 11 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹66 Lakh; the latest was in August 2024. The company has 18 MSME Form 1 returns on record between 2014 and 2024, listing 484 overdue payments to 195 micro and small suppliers.
Airef Engineers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-15-0000091). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airefengineers.com.
Company details
CIN U74899DL1995PTC073590
Registration Number 073590
Incorporation Date 02 November 1995
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-15-0000091
Key People
Mahesh Monga Managing Director Rajesh Monga Whole-Time Director Gagan Gupta Whole-Time Director Recognitions & Rankings of Airef Engineers
Contact details
Airef Engineers Private Limited's registered office is in Delhi, Delhi. Its website is airefengineers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address117 Tagore Park Model Town, Delhi, India – 110009
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Airef Engineers Private Limited, buy the company report.
Comprehensive company report
Airef Engineers 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
Airef Engineers operates one associated brand: Airef Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering services in HVAC, refrigeration, and electrification in India. | airefengineers.com |
Business activity
The main business activities of Airef Engineers are construction, manufacturing and support service to organizations. In detail, this covers roads, railways, utility projects, electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Airef Engineers Private Limited, buy the company report.
Financials of Airef Engineers Private Limited
FY 2025 filings availableAiref Engineers Private Limited reported revenue of ₹147.9 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹147.9 Cr ▼ 16%
Net profit · FY 2025
₹4.73 Cr margin 3.2%
EBITDA · FY 2025
₹15.5 Cr margin 10.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 13%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 22%
5 years · compounded
▼ 12%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 46% 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 |
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| Total Expenses | |||||
| EBITDA | ₹15.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.73 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Airef Engineers Private Limited, buy the company report.
Board of directors of Airef Engineers Private Limited
Airef Engineers has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Monga | Whole-Time Director | 02 Nov 1995 | 30 Years 11 Months | Current |
| Gagan Gupta | Whole-Time Director | 28 May 2021 | 5 Years 5 Months | Current |
| Gunjan Monga Also directs: Feria International Private Limited | Whole-Time Director | 30 Aug 2022 | 4 Years 1 Months | Current |
| Manish Monga | Director | 03 Jan 2024 | 2 Years 9 Months | Current |
| Mahesh Monga Also directs: Feria International Private Limited | Managing Director | 02 Nov 1995 | 30 Years 11 Months | Current |
Auditor
Airef Engineers Private Limited is audited by Goel Sharma & Associates, Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Goel Sharma & Associates, Chartered Accountants | FY 2023 | 040714N |
Shareholding
The shareholding of Airef Engineers Private 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 Airef Engineers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹144.48 Cr
Satisfied charges
₹95.12 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101012251 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 12 Feb 2024 | 100869235 | Hdfc Bank Limited | ₹16 Lakh | Open | |
| 25 Aug 2023 | 100800087 | Axis Bank Limited | ₹47 Lakh | Open | |
| 30 Mar 2023 | 100722923 | Axis Bank Limited | ₹59.68 Lakh | Open | |
| 08 Feb 2021 | 100417886 | Hdfc Bank Limited | ₹68 Cr | Open |
To see the full charge records of Airef Engineers Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Airef Engineers Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹66 Lakh; the latest was in August 2024.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹66 Lakh
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Funding round | ₹16 Lakh | Investors: 3 individuals |
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
To see the full deal history of Airef Engineers Private 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
Airef Engineers Private Limited has 48 court cases on record: 22 filed by Airef Engineers, 26 filed against it. 11 cases are pending and 37 are disposed.
Total cases
48
Filed by the company
22
Filed against the company
26
Pending
11
Disposed
37
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 19 | 7 |
| High courts | 15 | 7 | 3 |
| Supreme Court | 2 | 0 | 1 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Revision petition | Filed against the company by M/S Bijay Laxmi Earth Movers Pvt Ltd and Another and 1 other | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against M/S Bijay Laxmi Earth Movers Pvt Ltd | Pending |
| Bombay High Court | Writ petition | Filed by the company against Piscesia Power Transmission Private Limited and 2 others | Disposed |
| High Court, HIMACHAL PRADESH | Writ petition | Filed against the company by M/S Mohan Meakin Ltd(Not Applicable) | Disposed |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by BBR India Pvt Ltd | Disposed |
To see the full case history of Airef Engineers 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.
Credit ratings & regulatory alerts
Airef Engineers Private Limited was last rated by Crisil on 11 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Oct 2019 |
To see the full credit ratings and regulatory alerts of Airef Engineers Private Limited, buy the company report.
MSME payment delays
Airef Engineers Private Limited has 18 MSME Form 1 returns on record between 2014 and 2024, listing 484 overdue payments to 195 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 195)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Setwell Coatings (India) Private Limited | |||
| System and Renewable Control | |||
| Infinitude International Private Limited | |||
| Jaiswal Construction & Piletech Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Airef Engineers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Airef Engineers Private Limited has a workforce of 462 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.
Employee count
462
Active EPFO establishments
3
Employee growth
-4.15%
GST
Airef Engineers has 15 GST registrations: 11 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
15
Active
11
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCA8285H1ZG | Delhi | Active | 01 Jul 2017 |
| 06AADCA8285H1ZI | Haryana | Active | 01 Jul 2017 |
| 08AADCA8285H1ZE | Rajasthan | Active | 01 Jul 2017 |
| 09AADCA8285H1ZC | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Airef Engineers Private Limited, buy the company report.
Recent activity
Airef Engineers Private Limited has 11 board changes on record since 1995: 5 appointments and 6 cessations. The latest: Manish Monga ceased to be Additional Director on 29 Sep 2024.
AGM
Airef Engineers Private Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Filing
Airef Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 68.00 Cr registered on 08 Feb 2021 with Charge ID 100417886 was modified on 27 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 101012251 was registered on 29 Nov 2024.
Ceased
Manish Monga ceased to be Additional Director.
Charges
A charge with Yes Bank Limited of Rs. 75.00 Cr registered on 03 Jul 2019 with Charge ID 100277053 was modified on 24 Sep 2024.
Charges
A charge registered on 02 Sep 2021 via Charge ID 100494135 with Hdfc Bank Limited was fully satisfied on 08 Sep 2024.
Charges
A charge registered on 10 Mar 2023 via Charge ID 100709635 with Hdfc Bank Limited was fully satisfied on 27 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100869235 was registered on 12 Feb 2024.
Appointed
Manish Monga was appointed as Director.
Charges
A charge registered on 03 Nov 2021 via Charge ID 100502328 with Hdfc Bank Limited was fully satisfied on 17 Oct 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.47 Cr with Charge ID 100800087 was registered on 25 Aug 2023.
33 earlier events are in the company report.
Frequently asked questions
Airef Engineers is an active private limited company based in Delhi, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 02 November 1995 (31+ years old) and is registered under CIN U74899DL1995PTC073590.
Airef Engineers has 5 current directors:
- Mahesh Monga - Managing Director
- Rajesh Monga - Whole-Time Director
- Gagan Gupta - Whole-Time Director
- Gunjan Monga - Whole-Time Director
- Manish Monga - Director
The latest financial statements of Airef Engineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Airef Engineers is 07AADCA8285H1ZG, registered in Delhi. The company has 15 GST registrations in all, of which 11 are active and 4 are cancelled or inactive. Other active GSTINs include 06AADCA8285H1ZI (Haryana), 08AADCA8285H1ZE (Rajasthan), 09AADCA8285H1ZC (Uttar Pradesh).
The CIN (Corporate Identification Number) of Airef Engineers is U74899DL1995PTC073590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airef Engineers has 48 court cases on record: 22 filed by the company and 26 filed against it. 11 are pending. Most are in the district courts.
Airef Engineers was incorporated on 02 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Airef Engineers has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹66 Lakh; the latest was in August 2024.
Manish Monga ceased to be Additional Director on 29 Sep 2024. Manish Monga was appointed as Director on 03 Jan 2024. Gunjan Monga was appointed as Whole-Time Director on 30 Aug 2022. Airef Engineers has 11 board changes on record in total.
Yes, Airef Engineers is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-15-0000091).
Airef Engineers has 18 MSME Form 1 returns on record between 2014 and 2024, listing 484 overdue payments to 195 micro and small suppliers. The latest return was filed on 28 Jun 2024.