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Technit Space and Aero Works Private Limited - information technology in Dadri, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹9.9 Lakh
▼ 75% YoY
Net loss · FY 2023
₹83.59 Lakh
Latest filing
EBITDA · FY 2023
-₹70.15 Lakh
Latest filing
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹9.3 Lakh
Issued & subscribed
Open charges
₹25.5 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Technit Space and Aero Works Private Limited
Data last updated:
Technit Space and Aero Works Private Limited is a private limited company based in Dadri, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 26 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U29304UP2019PTC118508. Its GSTIN is 09AAHCT3979R1Z5 (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.3 Lakh. It was formerly known as Tiwari Space and Aero Works Private Limited and Technology in Space and Aero Works Private Limited. It is led by directors Kishan Tiwari and Rimanshu Pandey.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B – 120 Ground Floor Sector – 88, Uttar Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.9 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹83.59 Lakh and EBITDA of -₹70.15 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 360% over three years.
The company is associated with 2 brands: Droneco and TSAW. As per MCA filings, the company has open charges of ₹25.5 Lakh on record. The company has 3 deals on record (2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹5.9 Cr; the latest was in June 2023. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier.
Technit Space and Aero Works Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-21-0004438). For more details, the company can be reached via its website tsaw.tech.
Company details
CIN U29304UP2019PTC118508
Registration Number 118508
Incorporation Date 26 June 2019
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-21-0004438
Name history
Technit Space and Aero Works has undergone 3 name changes throughout its history. The company was previously known as Tiwari Space And Aero Works Private Limited, Technology In Space And Aero Works Private Limited, and Technit Space And Aero Works Private Limited. The current legal name is Technit Space And Aero Works Private Limited.
| Company Name | Status |
|---|---|
| Technit Space and Aero Works Private Limited | Current |
| Tiwari Space And Aero Works Private Limited | Previous |
| Technology In Space And Aero Works Private Limited | Previous |
Key People
Kishan Tiwari Director Rimanshu Pandey Director Recognitions & Rankings of Technit Space and Aero Works
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-21-0004438
Contact details
Technit Space and Aero Works Private Limited's registered office is in Dadri, Uttar Pradesh. Its website is tsaw.tech. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 120 Ground Floor Sector – 88, Gautam Buddha Nagar Uttar Pradesh, Dadri, Uttar Pradesh, India – 201305
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Technit Space and Aero Works Private Limited, buy the company report.
Comprehensive company report
Technit Space and Aero Works 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
Technit Space and Aero Works operates two associated brands: DRONECO and TSAW. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers cloud-based delivery solutions using drones for efficient logistics. | thedroneco.net | |
| On-demand drone logistics solutions are provided for key industries. | tsaw.tech |
Business activity
The main business activity of Technit Space and Aero Works is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Technit Space and Aero Works Private Limited, buy the company report.
Financials of Technit Space and Aero Works Private Limited
FY 2023 filings availableTechnit Space and Aero Works Private Limited reported revenue of ₹9.9 Lakh (down 75% YoY) for FY 2023.
Revenue · FY 2023
₹9.9 Lakh ▼ 75%
Net loss · FY 2023
₹83.59 Lakh
EBITDA · FY 2023
-₹70.15 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▲ 360%
EBITDA CAGR growth
3 years · compounded
▼ 221%
Revenue fell 75% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 360%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹9.9 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹70.15 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹83.59 Lakh | |||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Technit Space and Aero Works Private Limited, buy the company report.
Board of directors of Technit Space and Aero Works Private Limited
Technit Space and Aero Works has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishan Tiwari | Director | 26 Jun 2019 | 7 Years 4 Months | Current |
| Rimanshu Pandey Also directs: Jupiter Tsaw Onedrone India Private Limited | Director | 01 Sep 2020 | 6 Years 2 Months | Current |
Auditor
Technit Space and Aero Works Private Limited is audited by KUMAR VIKRAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR VIKRAM & ASSOCIATES | FY 2023 | 540298 |
Shareholding
The shareholding of Technit Space and Aero Works 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Technit Space and Aero Works Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2025 | 101101816 | Others | ₹25.5 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Technit Space and Aero Works Private Limited has 3 deals on record (2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹5.9 Cr; the latest was in June 2023.
Total deals
3
Funding rounds
2
Convertible or debt financing
1
Disclosed funding
₹5.9 Cr
Deals on record (1 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Funding round | ₹8 Lakh | Investors: 4 individuals |
To see the full deal history of Technit Space and Aero Works 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
No court or tribunal cases involving Technit Space and Aero Works 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
Technit Space and Aero Works Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amigo Law Chamber LLP |
To see the full MSME payment records of Technit Space and Aero Works Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Technit Space and Aero Works has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCT3979R1Z5 | Uttar Pradesh | Active | 16 Jul 2019 |
| 07AAHCT3979R1Z9 | Delhi | Active | 27 Jan 2023 |
To see the full GST registrations and return filing status of Technit Space and Aero Works Private Limited, buy the company report.
Recent activity
Technit Space and Aero Works Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Ankesh Singh ceased to be Director on 21 Dec 2021.
Charges
A charge with Others amounted to Rs. 25.50 Lakh with Charge ID 101101816 was registered on 26 May 2025.
AGM
Technit Space And Aero Works Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Technit Space And Aero Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Uttar Pradesh Ii.
Ceased
Ankesh Singh ceased to be Director.
Ceased
Kapil Kumar ceased to be Director.
Appointed
Rimanshu Pandey was appointed as Director.
Appointed
Kishan Tiwari was appointed as Director.
Incorporation
26 Jun 2019
Technit Space And Aero Works Private Limited was registered on 26 Jun 2019 with Roc Uttar Pradesh Ii & aged 7 years 4 months as per MCA records.
News
Frequently asked questions
Technit Space and Aero Works is an active private limited company based in Dadri, Uttar Pradesh, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 26 June 2019 (7+ years old) and is registered under CIN U29304UP2019PTC118508.
Technit Space and Aero Works has 2 current directors:
- Kishan Tiwari - Director
- Rimanshu Pandey - Director
The latest financial statements of Technit Space and Aero Works on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Technit Space and Aero Works is 09AAHCT3979R1Z5, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAHCT3979R1Z9 (Delhi).
The CIN (Corporate Identification Number) of Technit Space and Aero Works is U29304UP2019PTC118508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technit Space and Aero Works was incorporated on 26 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Technit Space and Aero Works has 3 deals on record (2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹5.9 Cr; the latest was in June 2023.
Ankesh Singh ceased to be Director on 21 Dec 2021. Kapil Kumar ceased to be Director on 01 Sep 2020. Rimanshu Pandey was appointed as Director on 01 Sep 2020. Technit Space and Aero Works has 4 board changes on record in total.
Yes, Technit Space and Aero Works is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Technit Space and Aero Works is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-21-0004438).
Technit Space and Aero Works has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 01 May 2024.
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