Aertrip India Limited

Business Overview

• Aertrip is an online travel-booking platform, flights, hotels, holiday packages, domestic and international, founded in 2012, headquartered in Mumbai, operating under the "E-Trav Tech Group" umbrella, per aertrip.com.
• It markets itself on transparent, all-inclusive pricing and a simplified booking UX, and holds IATA affiliation.
• Leadership per the official site: Luvkesh Agarwal (Founder & CEO), Ajay Agarwal, Managing Director & CFO, Dhiraj Bastwade, Head of Technology.
• Source: aertrip.com, About/site copy.

Sector & Classification

NIC 63033 embedded in CIN — Travel agency / tour operator activities; sector tag "Supporting and auxiliary transport activities; travel agency activities" (TheCompanyCheck)

Directors & Key Management

GST Registrations

Not obtained. Attempts on findgst.in, knowyourgst.com and mastersindia.co (by company name and by PAN AAPCA6084J) did not return a resolvable GSTIN page within available access; no GSTIN, home state, or registration count could be confirmed from permitted sources.

Financials

• Latest audited FY referenced: FY2023-24, year ended 31 Mar 2024, per Tofler — exact revenue/PAT figures are paywalled ("Tofler Pro")
• Tofler reports YoY EBITDA growth of +358.42% and net-worth growth of +831.88%, base amounts masked, standalone basis, total borrowings down 11.42% YoY (amount masked).
• Separately, TheCompanyCheck cites FY2025 standalone revenue of ₹14.26 crore (+59% YoY), with EBITDA/PAT locked behind premium access.
• PAT, net worth in absolute terms, and total borrowings in absolute terms: not obtained.
• Figures are standalone
• No consolidated statement found.

Funding History

• Not obtained. No named funding round, investor, or total-raised figure was found on the sources checked, Tofler, TheCompanyCheck, aertrip.com
• Tracxn company page could not be located via direct URL attempts within this session's search constraints. Capital structure, ₹27.56 Cr paid-up, suggests significant equity infusion but no round names/investors could be confirmed.

Shareholding

• Not disclosed in the public sections of either registry aggregator checked. Both Tofler and TheCompanyCheck flag Ajaykumar Agarwal and Luvkesh Ajay Agarwal as shareholder-directors but give no percentage breakdown
• Full shareholding pattern requires paid subscription access.

Loans & Charges

• Source conflict — Tofler states "the company has no registered charges." TheCompanyCheck states 2 recorded charge entries: 1 open (₹50 lakh) and 1 satisfied (₹75 lakh), lender name not specified in the accessible extract. This is unresolved between sources
• Treat as partial/unconfirmed pending a primary MCA charge-index check, out of scope per source restrictions.

Related Parties

• Single-source, TheCompanyCheck: directors of Aertrip India Limited share board positions with Sky Occean Infrastructure Limited, E Trav Tech Limited, and Country Kraftz India Private Limited, and possibly other entities, via common directorship — not independently corroborated. aertrip.com self-describes as part of the "E-Trav Tech Group of Companies," consistent with the E Trav Tech Limited linkage.

Credit Ratings

• None found. No CRISIL/ICRA/CARE rating for Aertrip India Limited was located in the sources checked; consistent with a small, apparently low-leverage private travel company.

Legal & Compliance

• One matter found on Indian Kanoon: "The Aertrip, Mumbai vs Income Tax Officer, Ward 17 (1), Mumbai" — Income Tax Appellate Tribunal (ITAT), Mumbai 'A' Bench, ITA No. 4362/Mum/2023, Assessment Year 2017-18, decided 30 April 2024. No other litigation found.

Competitive Landscape

• Indian online travel agency (OTA) peers, roughly by scale: MakeMyTrip, large, listed/Nasdaq, market leader, Yatra Online, listed, mid-large, EaseMyTrip (listed, mid), Ixigo (listed, mid), Cleartrip, part of Flipkart/PhonePe group, mid, Booking.com/Goibibo, large, global/backed.
• Aertrip is a materially smaller, niche player relative to all of the above based on available financial scale, single-digit-to-low-teens crore revenue vs. hundreds/thousands of crore for the peers.

Frequently Asked Questions