Company Intelligence Profile
NW ENGINEERING PRIVATE LIMITED
Bengaluru-based seed-stage deep-tech company (operates as "Nautical Wings Aerospace") building electric propulsion systems — composite propellers, axial electric motors and integrated electric propulsion units (iEPU) — for UAVs, air taxis, LSAs, trainers and regional aircraft.
CIN: U31909KA2020PTC139640Active (per Tofler, TheCompanyCheck, Falconebiz — all checked Jul 2026)RoC-Bangalore, Karnataka (confirmed: Tofler, TheCompanyCheck, Falconebiz)Confidence: medium
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | NW ENGINEERING PRIVATE LIMITED |
|---|---|
| CIN | U31909KA2020PTC139640 |
| PAN | not obtained |
| Status | Active (per Tofler, TheCompanyCheck, Falconebiz — all checked Jul 2026) |
| Listing | No — Private, unlisted company limited by shares (Falconebiz) |
| Incorporated | 12 October 2020 (confirmed: Tofler, TheCompanyCheck, Falconebiz) |
| ROC | RoC-Bangalore, Karnataka (confirmed: Tofler, TheCompanyCheck, Falconebiz) |
| Sector (NIC) | NIC 31909 — "Manufacture of other electrical equipment n.e.c." per MCA classification (Falconebiz, Tracxn-derived search). Actual line of business is aerospace electric-propulsion hardware; sources disagree on wording of the NIC description (Tofler: "machinery & equipment"; TheCompanyCheck: mislabels as "transport/logistics — aircraft manufacturing"). Treat MCA code 31909 as the reliable figure. |
| Registered address | 35 Jakkur Layout, Yelahanka, Bangalore, Karnataka, India – 560064 (confirmed: Tofler, TheCompanyCheck, Falconebiz) |
| Authorized capital | ₹11,00,000 (₹11 Lakh) — confirmed across Tofler, TheCompanyCheck, Falconebiz, Tracxn |
| Paid-up capital | ₹4,32,230 (₹4.32 Lakh) per Tofler/TheCompanyCheck/Falconebiz; one Tracxn-derived snippet shows ₹4,29,970 — minor variance, treat ~₹4.3 Lakh as confirmed |
Business Overview
Confirmed- NW Engineering Private Limited is the registered legal entity for the brand "Nautical Wings Aerospace," a Bengaluru (Jakkur) based deep-tech startup founded in 2020 that designs and manufactures electric propulsion systems for aviation: custom composite propellers, axial electric motors, composite accessories, and its flagship "iEPU" (Integrated Electric Propulsion Unit) offering end-to-end customization for UAVs (including HALE/MALE drones), air taxis, light sport aircraft, trainers and regional aircraft
- Self-described as "India's 1st electric propulsion technology company." Supplies propulsion systems to Indian UAS/drone manufacturers and is reportedly collaborating with air-taxi companies
- Incubated at SINE-IIT Bombay, NSRCEL-IIM Bangalore, CIIE-IIM Ahmedabad and Ginserv
- recipient of DRDO Dare to Dream, IIGP, IICDC and Aero India contest recognitions
- Headcount ~44-47 employees (Tracxn, Apr-Aug 2025)
- Recent activity includes a Dec 2025 high-altitude drone-propulsion field test at Chang La, Ladakh (17,388 ft) as part of "Bharat Altitude Trials 2025." Source: nauticalwings.com, Ginserv, Tracxn, IDRW
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Shiv Varun Singh Rajput | 08575979 | Managing Director Founder & CEO per LinkedIn/Tracxn; appointment date shown as 12-Oct-2020 Tofler, treated as incorporation-director date or 11-Jul-2022 Falconebiz; dates conflict between sources. | - |
| Tangirala Praveen | 09572888 | Whole-Time Director Co-founder & CTO per Tracxn; appointed 12-Jul-2022. | 12-Jul-2022 |
| Vikas Kamath | 09573074 | Whole-Time Director Co-founder & COO per Tracxn; appointed 12-Jul-2022. Unconfirmed: one WebSearch AI-summary snippet also named a "Vipul Joshi" as a director; appeared in only one low-detail source and could not be corroborated on any registry page; excluded from confirmed list, flagged as partial/unverified. | 12-Jul-2022 |
Financials
Partial / conflicting- Partial / low confidence
- Consistently reported (2 independent WebSearch AI-summaries citing Tracxn): Revenue FY2024-25 (year ended 31-Mar-2025) ≈ ₹1.81 Cr, with 1-year revenue CAGR of 191% and 1-year EBITDA CAGR of -115% (implying EBITDA went negative)
- Standalone vs consolidated not specified (single small entity, likely standalone)
- A direct WebFetch of Tracxn's legal-entity page returned a 5-year revenue/EBITDA/PAT/net-worth table with figures in the ₹2,500-9,900 Lakh range that are internally inconsistent (e.g., PAT exceeding revenue) and contradict the ₹1.81 Cr figure from the same source family — this table is judged unreliable (likely a generation artifact from a paywalled/masked page) and has been DISCARDED rather than reported as fact
- Net worth, EBITDA and PAT absolute values: not obtained
- Borrowings: ~₹2.15 Cr disclosed charge/loan (see charges field)
Funding
Confirmed- Confirmed from multiple independent sources (Ginserv/incubator page, Indian Startup News, Tracxn): Total disclosed funding ~₹13 Crore plus a ₹20 Lakh SISFS (Startup India Seed Fund Scheme) government grant
- Rounds per Tracxn: (1) Seed — 27-Jan-2023 — investor ideaForge (strategic/corporate investment)
- (2) Seed — 5-Sep-2024 — investors Venture Catalysts, 1Crowd
- (3) Seed — 16-Apr-2025 — lead undisclosed
- Other investors named across sources: IN44 Capital, JITO JIFF, VC Grid
- Amounts per individual round: undisclosed
- No Series A or later stage found as of research date (29-Jul-2026)
Charges / Loans
Partial / conflicting- Partial
- Tracxn indicates 1 active charge/loan of ~₹2.15 Cr, creation date ~20-Mar-2025
- One WebSearch AI-summary attributed the lender as SIDBI, but this could not be independently corroborated on a second source — treat lender identity as unconfirmed/single-source
Competitors
Confirmed- Per Tracxn's competitor ranking (Nautical Wings Aerospace ranked ~16th of 51 tracked competitors, 13 funded): Aurora (Boeing subsidiary — large, mature aerospace-backed), BETA Technologies (US eVTOL propulsion, very large scale — raised $800M+), H55 (Swiss electric-aviation systems, mid-scale), ZeroAvia (UK/US hydrogen-electric propulsion, large scale — raised $150M+), Whisper Aero (US, early-mid scale)
- Additional India-relevant peers per CBInsights-derived search: Nabhdrishti Aerospace, Launchpoint Electric Propulsion Solutions, Top Flight Technologies (early/small scale)
- NW Engineering itself is comparatively small scale (~44-47 employees, <₹2 Cr disclosed revenue, ~₹13 Cr total funding) versus the larger global electric-propulsion peers listed
Frequently Asked Questions
What does NW ENGINEERING PRIVATE LIMITED do?
Bengaluru-based seed-stage deep-tech company (operates as "Nautical Wings Aerospace") building electric propulsion systems — composite propellers, axial electric motors and integrated electric propulsion units (iEPU) — for UAVs, air taxis, LSAs, trainers and regional aircraft.
What is the CIN of NW ENGINEERING PRIVATE LIMITED?
The Corporate Identification Number (CIN) of NW ENGINEERING PRIVATE LIMITED is U31909KA2020PTC139640.
Where is NW ENGINEERING PRIVATE LIMITED registered?
NW ENGINEERING PRIVATE LIMITED is registered with RoC-Bangalore, Karnataka (confirmed: Tofler, TheCompanyCheck, Falconebiz). Registered address: 35 Jakkur Layout, Yelahanka, Bangalore, Karnataka, India – 560064 (confirmed: Tofler, TheCompanyCheck, Falconebiz).
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