Altair Engineering India Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.29 M
- Company Age 28 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth 30.30%
- Profit Growth 35.23%
- Ebitda 9.03%
- Net Worth 24.85%
- Total Assets 34.08%
About Altair Engineering India
Altair Engineering India Private Limited (AEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 1996 and has a history of 28 years and nine months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.29 M.
The company has closed loans amounting to ₹5.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Pavan Chandagari, Muralidhar Nanjundaiah, James Scapa, and One other member serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72200KA1996PTC020391
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Company No.
020391
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
30 Apr 1996
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Altair Engineering India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishwanatha Rao
|
Managing Director | 15-Mar-2019 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Pavan Chandagari
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Director | 01-Mar-2006 | Current |
Muralidhar Nanjundaiah
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Director | 31-Mar-2004 | Current |
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James Scapa
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Director | 30-Apr-1996 | Current |
Financial Performance of Altair Engineering India.
Altair Engineering India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.3% increase. The company also saw a substantial improvement in profitability, with a 35.23% increase in profit. The company's net worth Soared by an impressive increase of 24.85%.
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What is the Ownership and Shareholding Structure of Altair Engineering India?
In 2022, Altair Engineering India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹50.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2009 | Hdfc Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Altair Engineering India?
Altair Engineering India has a workforce of 732 employees as of Mar 30, 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 Engineering India, 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 Engineering India'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.
