Paras Aerospace Private Limited

Paras Aerospace Private Limited - transport and logistics in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2019PTC413219 Incorporated 13 February 2019 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company transport and logistics MSME · Small
Data last updated
Revenue · FY 2025
₹16.53 Cr
▼ 3% YoY
Net profit · FY 2025
₹1.17 Cr
Net margin 7.1%
EBITDA · FY 2025
₹4.93 Cr
EBITDA margin 29.8%
Authorised capital
₹1.01 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹33.95 Lakh
Satisfied ₹29.2 Cr
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings

About Paras Aerospace Private Limited

Data last updated:

Paras Aerospace Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Paras Defence And Space Technologies Limited. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 13 February 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC413219. Its GSTIN is 27AAKCP3685M1ZN (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹1.01 Cr. It was formerly known as Paras Aerospace Solutions Private Limited and Gaganyaan Technologies Private Limited. It is led by directors including Amit Navin Mahajan and Munjal Sharad Shah.

Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹16.53 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 7.1%) and EBITDA of ₹4.93 Cr (EBITDA margin 29.8%). Revenue has grown at a compounded annual rate (CAGR) of 150% over three years.

The company is associated with 1 brand: Paras Aerospace. As per MCA filings, the company has open charges of ₹33.95 Lakh and satisfied charges of ₹29.2 Cr on record. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2021. The company has 6 MSME Form 1 returns on record between 2022 and 2024, listing 20 overdue payments to 8 micro and small suppliers.

Paras Aerospace Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0026773). For more details, the company can be reached via its website paras-aerospace.com.

Company details

CIN U74999MH2019PTC413219
Registration Number 413219
Incorporation Date 13 February 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Paras Defence And Space Technologies Limited
MSME Classification Small
Udyam Registration UDYAM-MH-19-0026773

Name history

Paras Aerospace has undergone 3 name changes throughout its history. The company was previously known as Paras Aerospace Solutions Private Limited, Gaganyaan Technologies Private Limited, and Gagganyaan Technologies Private Limited. The current legal name is Paras Aerospace Private Limited.

Company NameStatus
Paras Aerospace Private LimitedCurrent
Paras Aerospace Solutions Private LimitedPrevious
Gaganyaan Technologies Private LimitedPrevious
Gagganyaan Technologies Private LimitedPrevious

CIN history

Paras Aerospace has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999MH2019PTC413219, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999MH2019PTC413219Current
U74999MH2019PTC321121Previous
U74999KA2019PTC127669Previous
Key People
Amit Navin Mahajan Director Munjal Sharad Shah Director Shilpa Amit Mahajan Director

Recognitions & Rankings of Paras Aerospace

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0026773

Contact details

Paras Aerospace Private Limited's registered office is in Thane, Maharashtra. Its website is paras-aerospace.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    paras-aerospace.com
  • Registered Address
    D – 112 Ttc Industrial Area, MIDC Nerul Navi Mumbai, Thane, Maharashtra, India – 400706
  • Industry
    Transport and Logistics, Aircraft & Component Manufacturing

To see the full contact details of Paras Aerospace Private Limited, buy the company report.

Comprehensive company report
Paras Aerospace 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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Secure checkout · GST invoice included

Brands

Paras Aerospace operates one associated brand: Paras Aerospace. Each brand links to its own profile.

BrandDescriptionWebsite
Paras Aerospace
Provider of commercial drone solutions and services for various applications.parasaerospace.com

Business activity

The main business activity of Paras Aerospace is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of Paras Aerospace Private Limited, buy the company report.

Financials of Paras Aerospace Private Limited

FY 2025 filings available

Paras Aerospace Private Limited reported revenue of ₹16.53 Cr (down 3% YoY) for FY 2025.

Revenue · FY 2025
₹16.53 Cr ▼ 3%
Net profit · FY 2025
₹1.17 Cr margin 7.1%
EBITDA · FY 2025
₹4.93 Cr margin 29.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 150%
EBITDA CAGR growth
1 year
▲ 607%
3 years · compounded
▲ 206%
5 years · compounded
▲ 95%

Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 150%. EBITDA rose 607% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹4.93 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.17 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin29.8%
Net Profit Margin7.1%
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 Paras Aerospace Private Limited, buy the company report.

Board of directors of Paras Aerospace Private Limited

Paras Aerospace has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit Navin Mahajan
Also directs: Paras Heven Advanced Drones Private Limited, Paras Avionics Private Limited, Quantico Technologies Private Limited and 2 more
Director05 Sep 20233 Years 1 MonthsCurrent
Munjal Sharad Shah
Also directs: Paras Defence and Space Technologies Limited, Paras Semiconductors Private Limited, Paras Heven Advanced Drones Private Limited and 5 more
Director13 Feb 20197 Years 8 MonthsCurrent
Shilpa Amit Mahajan
Also directs: Paras Defence and Space Technologies Limited, Paras Semiconductors Private Limited, Quantico Technologies Private Limited and 2 more
Director05 Sep 20233 Years 1 MonthsCurrent
View all directors

Auditor

Paras Aerospace Private Limited is audited by CHATURVEDI & SHAH LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
CHATURVEDI & SHAH LLPFY 2022101720W / W100355

Shareholding

The shareholding of Paras Aerospace Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Paras Aerospace Private Limited, buy the company report.

Charges & borrowings

Open charges
₹33.95 Lakh
Satisfied charges
₹29.2 Cr
Breakdown by lending institutions
Others₹0.34 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Oct 2025101173737Others₹5 LakhOpen
11 Sep 2025101163236Others₹19.4 LakhOpen
07 Jun 2023100726702Others₹9.55 LakhOpen
05 Feb 2025101049286Others₹1.72 CrSatisfied
13 Sep 2023100785345Others₹48 LakhSatisfied

To see the full charge records of Paras Aerospace Private Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

Paras Aerospace Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2021.

Total deals
2
Rights issue
1
Secondary share transfer
1

Deals on record (2 of 2)

WhenDealAmountParties
Nov 2021Rights issue₹1 CrInvestors: Paras Defence and Space Technologies Limited , an individual
Oct 2020Secondary share transferUndisclosedBuyer: an individual
Seller: Paras Defence and Space Technologies Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Paras Aerospace Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 20 overdue payments to 8 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 8)

SupplierAmount dueDue sinceReported on
Magnipower Technology LLP
Nextleap Aeronautics Private Limited
Passenger Drone Research Private Limited
Defspace Technologies Private Limited
Tropogo Technologies Private Limited

To see the full MSME payment records of Paras Aerospace Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Paras Aerospace has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAKCP3685M1ZNMaharashtraActive25 Mar 2021
29AAKCP3685M1ZJKarnatakaActive07 May 2019

To see the full GST registrations and return filing status of Paras Aerospace Private Limited, buy the company report.

Recent activity

Paras Aerospace Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Amit Navin Mahajan was appointed as Director on 05 Sep 2023.

Charges
A charge with Others amounted to Rs. 0.05 Cr with Charge ID 101173737 was registered on 17 Oct 2025.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 101163236 was registered on 11 Sep 2025.
AGM
Paras Aerospace Private Limited last Annual general meeting of members was held on 20 Aug 2025 as per latest MCA records.
Charges
A charge registered on 05 Feb 2025 via Charge ID 101049286 with Others was fully satisfied on 23 Jul 2025.
Charges
A charge registered on 30 Nov 2021 via Charge ID 100515119 with Others was fully satisfied on 02 Jul 2025.
Filing
Paras Aerospace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 1.72 Cr with Charge ID 101049286 was registered on 05 Feb 2025.
Charges
A charge registered on 13 Sep 2023 via Charge ID 100785345 with Others was fully satisfied on 14 Oct 2024.
Charges
A charge registered on 31 Dec 2022 via Charge ID 100666397 with Others was fully satisfied on 14 Oct 2024.
Charges
A charge registered on 19 Oct 2022 via Charge ID 100622552 with Others was fully satisfied on 14 Oct 2024.
Charges
A charge with Others of Rs. 20.00 Cr registered on 30 Nov 2021 with Charge ID 100515119 was modified on 06 Oct 2023.
Charges
A charge with Others amounted to Rs. 0.48 Cr with Charge ID 100785345 was registered on 13 Sep 2023.

13 earlier events are in the company report.

Frequently asked questions

Paras Aerospace is an active private limited company based in Thane, Maharashtra, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 13 February 2019 (7+ years old) and is registered under CIN U74999MH2019PTC413219.

Paras Aerospace has 3 current directors:

The latest financial statements of Paras Aerospace on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 August 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Paras Aerospace is 27AAKCP3685M1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAKCP3685M1ZJ (Karnataka).

The CIN (Corporate Identification Number) of Paras Aerospace is U74999MH2019PTC413219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Paras Aerospace was incorporated on 13 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Paras Aerospace has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2021.

Amit Navin Mahajan was appointed as Director on 05 Sep 2023. Pankaj Akula ceased to be Additional Director on 05 Sep 2023. Shilpa Amit Mahajan was appointed as Director on 05 Sep 2023. Paras Aerospace has 7 board changes on record in total.

Yes, Paras Aerospace is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0026773).

Paras Aerospace has 6 MSME Form 1 returns on record between 2022 and 2024, listing 20 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Paras Aerospace can be reached through the website paras-aerospace.com. Its registered office is in Thane, Maharashtra, India.