Airfins Private Limited

Sells and installs heat exchange, pressure vessels, and pump instrumentation services.

2008 | Pune, Maharashtra (India) | Active
Last Updated: June 25, 2024

Airfins Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.50 Cr
  • Revenue Growth -35.35%
  • Profit Growth -62.00%
  • Ebitda -47.84%
  • Net Worth 4.18%
  • Total Assets 9.19%

About Airfins

Airfins Private Limited (APL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 July 2008 and has a history of 16 years and six months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Verispring Airfins Technology Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹14.50 Cr.

Gaurav Kaul, Phoola Kaul, and Jagmohan Kaul serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    verispringgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72400PN2008PTC132536

  • Company No.

    132536

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Airfins Private Limited offer?

Airfins Private Limited offers a wide range of products and services, including HR & Manpower Recruitment Solutions, Engineering Jobs.

Who are the key members and board of directors at Airfins?

Board Members (3)

NameDesignationAppointment DateStatus
Gaurav Kaul Country flag representing In Director 31-Jul-2008Current
Phoola Kaul Country flag representing In Director 25-Jul-2011Current
Jagmohan Kaul Country flag representing In Director 31-Jul-2008Current

Financial Performance of Airfins.

Airfins Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.35% decrease. The company also saw a substantial fall in profitability, with a 62% decrease in profit. The company's net worth moved up by a moderate rise of 4.18%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-35.35%
Revenue from Operations
-35.34%
Total Assets
9.19%
Profit or Loss
-62.00%
Net Worth
4.18%
EBITDA
-47.84%

What is the Ownership and Shareholding Structure of Airfins?

Unlock access to Airfins's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹145.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 5.00 Cr
  • Others : 5.00 Cr
  • Hdfc Bank Limited : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2023Others₹5.00 CrOpen
14 Feb 2022Hdfc Bank Limited₹2.00 CrOpen
20 Dec 2021Hdfc Bank Limited₹2.50 CrOpen
09 Mar 2020Citi Bank N.A.₹5.00 CrOpen

How Many Employees Work at Airfins?

Unlock and access historical data on people associated with Airfins, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Airfins, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Airfins's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Airfins

Recent activity within the organization

  • Annual General Meeting

    Airfins Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Airfins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100698603 was registered on 09 Mar 2023.

    09 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 M with Charge ID 100540180 was registered on 14 Feb 2022.

    14 Feb 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 M with Charge ID 100523788 was registered on 20 Dec 2021.

    20 Dec 2021

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 50.00 M with Charge ID 100361048 was registered on 09 Mar 2020.

    09 Mar 2020

Frequently asked questions

  • Airfins Private Limited was incorporated on 31 Jul 2008.

  • The authorized share capital of Airfins Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Airfins Private Limited.

    • Gaurav Jagmohan Kaul
    • Phoola Jagmohan Kaul
    • Jagmohan Madhusudan Kaul
  • As per Ministry of Corporate Affairs (Mca), the registered address of Airfins Private Limited is 809 Sind Housing Society, Aundh, Pune, Maharashtra, India, 411007.

  • The corporate identification number (CIN) of Airfins Private Limited is U72400PN2008PTC132536 and the company number is 132536 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Airfins Private Limited is https://www.verispringgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Airfins Private Limited has fallen by -35.35%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Airfins Private Limited has experienced an upsurge of 4.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Airfins Private Limited amount to ₹ 14.50 Cr.

  • The most recent Balance Sheet for Airfins Private Limited was filed with the ROC on 31 Mar 2023.