

Altair Electronics Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.28 Cr
- Company Age 16 Year, 6 Months
- Last Filing with ROC 31 Mar 2014
- Open Charges ₹ 55.65 Cr
About Altair Electronics
Altair Electronics Limited (AEL) is a Public Limited Indian Non-Government Company incorporated in India on 27 August 2008 and has a history of 16 years and six months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Altair Electronics Private Limited. The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2014. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.28 Cr.
The company currently has active open charges totaling ₹55.65 Cr.
Venkateswara Avasarala, Udaya Nidamarthi, Gottimukkala Reddy, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31200TG2008PLC060773
- Company No.
060773
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Aug 2008
- Date of AGM
29 Sep 2014
- Date of Balance Sheet
31 Mar 2014
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Altair Electronics?
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Venkateswara Avasarala ![]() | Additional Director | 13-May-2016 | Current |
Udaya Nidamarthi ![]() | Director | 26-Nov-2013 | Current |
Gottimukkala Reddy ![]() | Additional Director | 05-Sep-2015 | Current |
Venkata Nidumol ![]() | Director | 19-Dec-2011 | Current |
Avi Sangal ![]() | Director | 28-Feb-2015 | Current |
Financial Performance of Altair Electronics.
Enhance accessibility to Altair Electronics's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue | |||||||
Revenue from Operations | |||||||
Total Assets | |||||||
Profit or Loss | |||||||
Net Worth | |||||||
EBITDA |
What is the Ownership and Shareholding Structure of Altair Electronics?
Unlock access to Altair Electronics'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.

Related Corporates (Common Directorship)
- Business Lex Llp
Avi Sangal is a mutual person
- Servomax Transformers Private Limited
Venkateswara Avasarala is a mutual person
- Steri Care Private Limited
Venkateswara Avasarala is a mutual person
- Servomax Infratel Limited
Venkateswara Avasarala is a mutual person
- Lim Agri Events And Exhibitions Llp
Udaya Nidamarthi is a mutual person
- Try Sure Green Farms Llp
Udaya Nidamarthi is a mutual person
Charges (Loans)
₹55.65 Cr
₹0
Charges Breakdown by Lending Institutions
- Andhra Bank : 40.49 Cr
- Asrec (India) Limited : 15.16 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
30 Jun 2014 | Andhra Bank | ₹40.49 Cr | Open |
21 Jul 2010 | Asrec (India) Limited | ₹15.16 Cr | Open |
How Many Employees Work at Altair Electronics?
Altair Electronics has a workforce of 19 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Altair Electronics, 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 Altair Electronics's trajectory.
Rating

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

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 Altair Electronics
Recent activity within the organization
- Director Appointment
Venkateswara Rao Avasarala was appointed as a Additional Director was appointed as a Additional Director on 13 May 2016 & has been associated with this company since 8 years 9 months .
- Charges
A charge with Asrec (India) Limited of Rs. 15.16 Cr registered on 21 Jul 2010 with Charge ID 10235539 was modified on 29 Sep 2015.
- Director Appointment
Gottimukkala Rami Reddy was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2015 & has been associated with this company since 9 years 5 months .
- Director Appointment
Avi Sangal was appointed as a Director was appointed as a Director on 28 Feb 2015 & has been associated with this company since 10 years 4 days .
- Annual General Meeting
Altair Electronics Limited last Annual general meeting of members was held on 29 Sep 2014 as per latest MCA records.
- Charges
A charge with Andhra Bank amounted to Rs. 40.49 Cr with Charge ID 10550474 was registered on 30 Jun 2014.
Frequently asked questions
What is the Incorporation or founding date of Altair Electronics Limited?
Altair Electronics Limited was incorporated on 27 Aug 2008.
What is authorized share capital and paid-up capital of Altair Electronics Limited?
The authorized share capital of Altair Electronics Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.28 Cr.
Who are the current board members & directors of Altair Electronics Limited?
Currently 5 directors are associated with Altair Electronics Limited.
- Venkateswara Rao Avasarala
- Udaya Bhaskar Rao Nidamarthi
- Gottimukkala Rami Reddy
- Venkata Ramana Murthy Nidumol
- Avi Sangal
What is the registered address of Altair Electronics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Altair Electronics Limited is Plot No.120/7 Ida, Phase-Ii Cherlapally India, Hyderabad, Telangana, 500051.
What is the corporate identification number (CIN) and company number of Altair Electronics Limited?
The corporate identification number (CIN) of Altair Electronics Limited is U31200TG2008PLC060773 and the company number is 060773 as per Ministry of Corporate Affairs (MCA).
What is the official website of Altair Electronics Limited?
The Official website of Altair Electronics Limited is https://www.altairelectronics.com
How many employees does Altair Electronics Limited currently have?
As Per 0 financial reports, 19 employees are currently employed by Altair Electronics Limited.
What are the total open charges for Altair Electronics Limited?
As per the financial statements for fiscal Year 0, The total open charges for Altair Electronics Limited amount to ₹ 55.65 Cr.
When was the last Balance Sheet of Altair Electronics Limited filed with the ROC?
The most recent Balance Sheet for Altair Electronics Limited was filed with the ROC on 31 Mar 2014.
People also Viewed
MY
Mallikarjuna YalavarthiDirectorNP
Nagaraju ParchuriDirectorPT
Pradeep TheepireddyWholetime DirectorBR
Bommisetty RangaraoAdditional DirectorRA
Ravi AvasaralaDirectorVP
Vinod PooserlaDirectorUA
Umesh AggarwalDirector
Similar Companies Based on Power Equipment Manufacturers
- Vestas Wind Technology India Private Limited Kanchipuram, Tamil Nadu, India
- Siemens Gamesa Renewable Power Private Limited Tiruvallur, Tamil Nadu, India
- Hitachi Energy India Limited Bangaluru, Karnataka, India
- Abb India Limited Bangaluru, Karnataka, India
- Bharat Heavy Electricals Limited Delhi, India
- Waaree Energies Limited Mumbai, Maharashtra, India
- Cummins India Limited Pune, Maharashtra, India
- Tata Cummins Private Limited Pune, Maharashtra, India