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About Aet Building Products India Private Limited
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Aet Building Products India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 20 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26930MH2004PTC144091. Its GSTIN is 27AAECA5838M1Z9 (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹19.95 Cr and a paid-up capital of ₹19.18 Cr. It was formerly known as Antares Building Products Private Limited. It is led by directors Mustufa Taiyebi Rasiwala (Managing Director) and Nusrat Mustufa Rasiwala.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.94 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹7.52 Cr (net margin 11.6%) and EBITDA of ₹10.98 Cr (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 23% over five years.
The company has about 103 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18 Cr and satisfied charges of ₹37.13 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flexiblespace.in.
Company details
Contact details
Aet Building Products India Private Limited's registered office is in Mumbai, Maharashtra. Its website is flexiblespace.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address1 R Shree Laxmi Industrial Premises Chsl Situated Laxmi Industrial Estate New Link Rd And, Heri (W), Mumbai, Maharashtra, India – 400053
- IndustryManufacturing, Construction Materials
To see the full contact details of Aet Building Products India Private Limited, 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 Aet Building Products India is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Aet Building Products India Private Limited, buy the company report.
Financials of Aet Building Products India Private Limited
FY 2025 filings availableAet Building Products India Private Limited reported revenue of ₹64.94 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 3% growth in the latest year. EBITDA fell 5% 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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| EBITDA | ₹10.98 Cr | ||||
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| Net Profit (PAT) | ₹7.52 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 | 16.9% | ||||
| Net Profit Margin | 11.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aet Building Products India Private Limited, buy the company report.
Board of directors of Aet Building Products India Private Limited
Aet Building Products India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mustufa Taiyebi Rasiwala Also directs: Indesine Space Solutions LLP, Indesine Hospitality Solutions LLP, Alpha Interior Products Private Limited and 3 more | Managing Director | 14 May 2012 | 14 Years 5 Months | Current |
| Nusrat Mustufa Rasiwala | Director | 06 Jan 2014 | 12 Years 10 Months | Current |
Auditor
Aet Building Products India Private Limited is audited by SANJAY C SHAH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY C SHAH & ASSOCIATES | FY 2022 | 128148W |
Shareholding
The shareholding of Aet Building Products India 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 Aet Building Products India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2020 | 100315391 | Others | ₹7 Cr | Open | |
| 02 Jan 2020 | 100315398 | Others | ₹1 Cr | Open | |
| 07 Dec 2019 | 100311477 | Others | ₹10 Cr | Open | |
| 09 Jun 2020 | 100342452 | Others | ₹2.5 Cr | Satisfied | |
| 06 Mar 2020 | 100333209 | Others | ₹70 Lakh | Satisfied |
To see the full charge records of Aet Building Products India Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Aet Building Products India Private Limited has 4 court cases on record: 3 filed by Aet Building Products India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against Innovative Antares Pvt. Ltd. and Anr. and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against Innovative Antares Pvt Ltd and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Jaswinderkaur Bhuji Proprietor of Industries | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Disposed |
To see the full case history of Aet Building Products India 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 Aet Building Products India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Aet Building Products India has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Aet Building Products India Private Limited has a workforce of 103 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 103 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Aet Building Products India Private Limited, buy the company report.
GST
Aet Building Products India has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA5838M1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 24AAECA5838M1ZF | Gujarat | Active | 01 Jul 2017 |
| 24AAECA5838M3ZD | Gujarat | Active | 24 Mar 2025 |
To see the full GST registrations and return filing status of Aet Building Products India Private Limited, buy the company report.
Recent activity
Aet Building Products India Private Limited has 10 board changes on record since 2012: 2 appointments and 8 cessations. The latest: Vijay Raghunath Biwalkar ceased to be Director on 29 Dec 2021.
31 earlier events are in the company report.
Frequently asked questions
Aet Building Products India is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 20 January 2004 (22+ years old) and is registered under CIN U26930MH2004PTC144091.
Aet Building Products India has 2 current directors:
- Mustufa Taiyebi Rasiwala - Managing Director
- Nusrat Mustufa Rasiwala - Director
The latest financial statements of Aet Building Products 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 GSTIN of Aet Building Products India is 27AAECA5838M1Z9, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 24AAECA5838M1ZF (Gujarat), 24AAECA5838M3ZD (Gujarat).
The CIN (Corporate Identification Number) of Aet Building Products India is U26930MH2004PTC144091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aet Building Products India has 4 court cases on record: 3 filed by the company and 1 filed against it.
Aet Building Products India was incorporated on 20 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Vijay Raghunath Biwalkar ceased to be Director on 29 Dec 2021. Varsha Umesh Rao ceased to be Additional Director on 30 Mar 2021. Raghunath Mukunda Padhy ceased to be Director on 15 Sep 2018. Aet Building Products India has 10 board changes on record in total.
Aet Building Products India can be reached through the website flexiblespace.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Aet Building Products India is at 1 R Shree Laxmi Industrial Premises Chsl Situated Laxmi Industrial Estate New Link Rd And, Heri W, Mumbai, Maharashtra, India – 400053.
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