About Paras Aerospace Private Limited
Data last updated: 29 December 2025
Paras Aerospace Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Paras Defence And Space Technologies Limited. It specialises in aircraft and component manufacturing, a part of the broader transport and logistics sector. Incorporated on 13 February 2019, the company has been in operation for over 7 years.
Registered with ROC Mumbai under CIN U74999MH2019PTC413219.
Capital: an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹1.01 Cr. 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.
Last AGM: 20 August 2025. Financial statements filed for year ended 31 March 2025. Office: 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.
It operates as a subsidiary of Paras Defence And Space Technologies Limited.
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.
For more details, the company can be reached via its website paras-aerospace.com.
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Registered AddressD – 112 Ttc Industrial Area, Midc Nerul Navi Mumbai, Thane, Maharashtra, India – 400706
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IndustryTransport and Logistics, Aircraft & Component Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Paras Aerospace Private Limited
Paras Aerospace Private Limited 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, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Paras Aerospace Private Limited | Current |
| Paras Aerospace Solutions Private Limited | Previous |
| Gaganyaan Technologies Private Limited | Previous |
| Gagganyaan Technologies Private Limited | Previous |
CIN History of Paras Aerospace Private Limited
Paras Aerospace Private Limited 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.
| CIN | Status |
|---|---|
| U74999MH2019PTC413219 | Current |
| U74999MH2019PTC321121 | Previous |
| U74999KA2019PTC127669 | Previous |
Associated Brands with Paras Aerospace Private Limited
Paras Aerospace Private Limited operates one associated brand: Paras Aerospace. These brands represent Paras Aerospace Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provider of commercial drone solutions and services for various applications. | parasaerospace.com |
Competitors & Alternatives of Paras Aerospace Private Limited
Brands and companies operating in the same space as Paras Aerospace Private Limited include DJI, ideaForge, Skydio and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
DJI
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Multi-utility drones are developed for agriculture and filmmaking sectors. | Shenzhen, China, China | 2006 |
ideaForge
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Developer of unmanned aerial vehicles | Navi Mumbai, India, India | 2007 |
Skydio
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Autonomous drones, software, and accessories are manufactured for various sectors. | San Mateo, United States, United States | 2014 |
Marut Drones
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Precision drones are supplied for agricultural management tasks. | Hyderabad, India, India | 2019 |
Vantage Robotics
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Unmanned aircraft systems are developed for government and business clients. | San Francisco, United States, United States | 2013 |
H3 Dynamics
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Aerial inspection services are delivered using automated drones. | Singapore, Singapore, Singapore | 2015 |
Airobotics
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Design and development solutions for industrial drones are provided. | Scottsdale, United States, United States | 2014 |
Draganfly
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Quadcopter drones and sensors are manufactured for diverse sectors. | Saskatoon, Canada, Canada | 1998 |
Dhaksha
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Agricultural drones for crop management and spraying are provided. | Chennai, India, India | 2019 |
Business Activity of Paras Aerospace Private Limited
Paras Aerospace Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
Business activity turnover details for Paras Aerospace Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Paras Aerospace Private Limited
Paras Aerospace Private Limited is audited by CHATURVEDI & SHAH LLP for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHATURVEDI & SHAH LLP | Locked | Locked | Locked |
Complete auditor history for Paras Aerospace Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Paras Aerospace Private Limited
Paras Aerospace Private Limited is currently managed by 3 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Amit Navin Mahajan
Also directs:
Paras Heven Advanced Drones Private Limited, Paras Avionics Private Limited, Quantico Technologies Private Limited and 2 more
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Director | 05 Sep 2023 | 2 Years 11 Months | Current |
| Munjal Sharad Shah | Director | 13 Feb 2019 | 7 Years 6 Months | Current |
| Shilpa Amit Mahajan | Director | 05 Sep 2023 | 2 Years 11 Months | Current |
Financials of Paras Aerospace Private Limited FY 2025 filings available
Paras Aerospace Private Limited reported revenue of ₹16.53 Cr (down 3.00% YoY) for FY 2025.
Ten-year financial statements for Paras Aerospace Private Limited
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Ownership and Shareholding of Paras Aerospace Private Limited
Shareholding and ownership data for Paras Aerospace Private Limited
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Charges & Borrowings of Paras Aerospace Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2025 | Others | ₹5 Lakh | Open |
| 11 Sep 2025 | Others | ₹19.4 Lakh | Open |
| 07 Jun 2023 | Others | ₹9.55 Lakh | Open |
| 05 Feb 2025 | Others | ₹1.72 Cr | Satisfied |
| 13 Sep 2023 | Others | ₹48 Lakh | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Paras Aerospace Private Limited
View historical data on people associated with Paras Aerospace Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Paras Aerospace Private Limited
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GST Compliance of Paras Aerospace Private Limited
GST registrations and filing compliance for Paras Aerospace Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Paras Aerospace Private Limited
Credit ratings, litigation, and regulatory alerts for Paras Aerospace Private Limited
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MSME Payment Delays by Paras Aerospace Private Limited
MSME payment history for Paras Aerospace Private Limited
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Subsidiaries & Group Companies of Paras Aerospace Private Limited
Corporate group structure for Paras Aerospace Private Limited
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MCA Filings & Documents of Paras Aerospace Private Limited
MCA filings and documents for Paras Aerospace Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Paras Aerospace Private Limited
Frequently Asked Questions about Paras Aerospace Private Limited
Paras Aerospace Private Limited is an active private limited company in the transport and logistics sector based in Thane, Maharashtra, India. It was incorporated on 13 February 2019 (7+ years old) and is registered under CIN U74999MH2019PTC413219.
Paras Aerospace Private Limited reported revenue of ₹16.53 Cr for FY 2025 (down 3.00% YoY).
The current directors of Paras Aerospace Private Limited are:
- Amit Navin Mahajan - Director
- Munjal Sharad Shah - Director
- Shilpa Amit Mahajan - Director
The primary industry of Paras Aerospace Private Limited is transport and logistics. The company specifically operates in aircraft and component manufacturing. The company is currently active in this sector.
Paras Aerospace Private Limited can be reached at the registered office: D – 112 Ttc Industrial Area, Midc Nerul Navi Mumbai, Thane, Maharashtra, India – 400706, or through the website paras-aerospace.com.
The authorised capital is ₹1.01 Cr, and the paid-up capital is ₹1.01 Cr.