- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0077303

Right Air Products Private Limited
About Right Air Products Private Limited
Data last updated:
Right Air Products Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 27 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U11100MH2017PTC303390. Its GSTIN is 27AABCZ1585H1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Zout Hospitality Private Limited and Pan Air Elements Private Limited. It is led by directors including Mukhtar Mohammed Rakhangi and Mohammad Nazmul Mulla.
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 Plot No. N 25 Additional Patalganga, Mid Panvel Raigad Karade Bk, Maharashtra, India – 410207.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.83 Lakh, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹8.04 Lakh (net margin 21.8%) and EBITDA of ₹18.19 Lakh (EBITDA margin 49.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹19.81 Lakh on record.
Right Air Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0077303). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Right Air Products has undergone 3 name changes throughout its history. The company was previously known as Zout Hospitality Private Limited, Pan Air Elements Private Limited, and Pan Air Products Private Limited. The current legal name is Right Air Products Private Limited.
| Company Name | Status |
|---|---|
| Right Air Products Private Limited | Current |
| Zout Hospitality Private Limited | Previous |
| Pan Air Elements Private Limited | Previous |
| Pan Air Products Private Limited | Previous |
CIN history
Right Air Products has one previous CIN (Corporate Identification Number): U74999MH2017PTC303390. The current CIN is U11100MH2017PTC303390, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U11100MH2017PTC303390 | Current |
| U74999MH2017PTC303390 | Previous |
Recognitions & Rankings of Right Air Products
Contact details
Right Air Products Private Limited's registered office is in Panvel, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. N 25 Additional Patalganga, Mid Panvel Raigad Karade Bk, Maharashtra, India – 410207
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Right Air Products 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 activities of Right Air Products are trade and real estate. In detail, this covers wholesale trading and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Right Air Products Private Limited, buy the company report.
Financials of Right Air Products Private Limited
FY 2025 filings availableRight Air Products Private Limited reported revenue of ₹36.83 Lakh (up 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 46% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA rose 53% 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 | ₹18.19 Lakh | ||||
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| Net Profit (PAT) | ₹8.04 Lakh | ||||
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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 | 49.4% | ||||
| Net Profit Margin | 21.8% | ||||
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To see the full financial statements and ratios of Right Air Products Private Limited, buy the company report.
Board of directors of Right Air Products Private Limited
Right Air Products has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukhtar Mohammed Rakhangi Also directs: Zefon Industries LLP | Director | 09 Oct 2020 | 6 Years 0 Months | Current |
| Mohammad Nazmul Mulla Also directs: Starunicorn Private Limited | Director | 04 Jun 2024 | 2 Years 4 Months | Current |
| Mufiz Mukhtar Rakhangi Also directs: Zefon Industries LLP | Director | 27 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Right Air Products Private Limited is audited by Pasad Gada & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pasad Gada & Co LLP | FY 2023 | W100693 |
Shareholding
The shareholding of Right Air Products 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 Right Air Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2021 | 100499518 | Axis Bank Limited | ₹19.81 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Right Air Products 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 Right Air Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Right Air Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCZ1585H1Z2 | Maharashtra | Active | 26 Mar 2018 |
To see the full GST registrations and return filing status of Right Air Products Private Limited, buy the company report.
Recent activity
Right Air Products Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Mohammad Nazmul Mulla was appointed as Director on 04 Jun 2024.
Frequently asked questions
Right Air Products is an active private limited company based in Panvel, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 27 December 2017 (9+ years old) and is registered under CIN U11100MH2017PTC303390.
Right Air Products has 3 current directors:
- Mukhtar Mohammed Rakhangi - Director
- Mohammad Nazmul Mulla - Director
- Mufiz Mukhtar Rakhangi - Director
The latest financial statements of Right Air Products 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 Right Air Products is 27AABCZ1585H1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Right Air Products is U11100MH2017PTC303390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Right Air Products was incorporated on 27 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Mohammad Nazmul Mulla was appointed as Director on 04 Jun 2024. Mukhtar Mohammed Rakhangi ceased to be Additional Director on 14 Dec 2020. Baazil Salim Rakhangi ceased to be Director on 09 Oct 2020. Right Air Products has 6 board changes on record in total.
Yes, Right Air Products is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0077303).
The registered office of Right Air Products is at Plot No. N 25 Additional Patalganga, Mid Panvel Raigad Karade Bk, Maharashtra, India – 410207.
Right Air Products operates in the financial services industry, in the real estate financing segment.

