About Way2air Net Solution Private Limited
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Way2air Net Solution Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 02 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC262329. Its GSTIN is 27AABCW6208L1Z2 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shaukatali Karim Karovalia and Imranali Akbarali Charolia.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vasai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.98 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.37 Lakh (net margin 12.5%) and EBITDA of ₹3.33 Lakh (EBITDA margin 17.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website way2air.com.
Company details
Contact details
Way2air Net Solution Private Limited's registered office is in Vasai, Maharashtra. Its website is way2air.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA/69 Surya Shopping Centre Chs Ltd, Srishti Complex Sector – V Mira Road East, Vasai, Maharashtra, India – 401107
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Way2air Net Solution 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 Way2air Net Solution is information and communication. In detail, this covers programming and broadcasting activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 60 | Programming and broadcasting activities |
To see the full business activity and turnover split of Way2air Net Solution Private Limited, buy the company report.
Financials of Way2air Net Solution Private Limited
FY 2025 filings availableWay2air Net Solution Private Limited reported revenue of ₹18.98 Lakh (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 14% fall in the latest year. EBITDA fell 2% 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 | ₹3.33 Lakh | ||||
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| Net Profit (PAT) | ₹2.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 17.5% | ||||
| Net Profit Margin | 12.5% | ||||
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To see the full financial statements and ratios of Way2air Net Solution Private Limited, buy the company report.
Board of directors of Way2air Net Solution Private Limited
Way2air Net Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaukatali Karim Karovalia | Director | 02 Mar 2015 | 11 Years 8 Months | Current |
| Imranali Akbarali Charolia | Director | 02 Mar 2015 | 11 Years 8 Months | Current |
Auditor
Way2air Net Solution Private Limited is audited by GIRDHARI AGARWAL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRDHARI AGARWAL & ASSOCIATES | FY 2021 | 127077W |
Shareholding
The shareholding of Way2air Net Solution Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Way2air Net Solution Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Way2air Net Solution 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 Way2air Net Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Way2air Net Solution has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW6208L1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Way2air Net Solution Private Limited, buy the company report.
Recent activity
Way2air Net Solution Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Imranali Akbarali Charolia was appointed as Director on 02 Mar 2015.
Frequently asked questions
Way2air Net Solution is an active private limited company based in Vasai, Maharashtra, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 02 March 2015 (11+ years old) and is registered under CIN U74999MH2015PTC262329.
Way2air Net Solution has 2 current directors:
- Shaukatali Karim Karovalia - Director
- Imranali Akbarali Charolia - Director
The latest financial statements of Way2air Net Solution on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Way2air Net Solution is 27AABCW6208L1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Way2air Net Solution is U74999MH2015PTC262329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Way2air Net Solution was incorporated on 02 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Imranali Akbarali Charolia was appointed as Director on 02 Mar 2015. Shaukatali Karim Karovalia was appointed as Director on 02 Mar 2015.
Way2air Net Solution can be reached through the website way2air.com. Its registered office is in Vasai, Maharashtra, India.
The registered office of Way2air Net Solution is at A69 Surya Shopping Centre Chs Ltd, Srishti Complex Sector – V Mira Road East, Vasai, Maharashtra, India – 401107.
Way2air Net Solution operates in the telecom industry, in the isp and broadband services segment.
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