Gujarat Airconnect Private Limited

Gujarat Airconnect Private Limited - transport and logistics in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U62200GJ2010PTC079712 Incorporated 26 February 2010 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2026
₹8.78 Lakh
▼ 46% YoY
Net loss · FY 2026
₹20.24 Lakh
Net margin -230.4%
EBITDA · FY 2026
₹9.46 Lakh
EBITDA margin 107.7%
Authorised capital
₹6.25 Cr
Registered with MCA
Paid-up capital
₹6.08 Cr
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
Active GSTINs
1
of 3 registered

About Gujarat Airconnect Private Limited

Data last updated:

Gujarat Airconnect Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the air transport services segment of the transport and logistics sector. It was incorporated on 26 February 2010 and has been in existence for over 16 years.

Its director Rajiv Gandhi and family are #1,608 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U62200GJ2010PTC079712. Its GSTIN is 24AACCI2346E1Z1 (Gujarat). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹6.25 Cr and a paid-up capital of ₹6.08 Cr. It was formerly known as In Noves Animal Health Private Limited and Innoves Animal Health Private Limited. It is led by directors including Rajiv Dinesh Gandhi and Priya Rajiv Gandhi.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pushpak First Floor Panchvai Circle Motilal Hirabhai Road, Ahmedabad, Gujarat, India – 380006.

As per the financials filed for FY 2026, the company reported a revenue of ₹8.78 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹20.24 Lakh (net margin -230.4%) and EBITDA of ₹9.46 Lakh (EBITDA margin 107.7%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 9% over five years.

Court records list 2 cases involving the company, including 2 filed by the company. The company has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.42 Cr; the latest was in March 2019.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gujaratairconnect.in.

Company details

CIN U62200GJ2010PTC079712
Registration Number 079712
Incorporation Date 26 February 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Gujarat Airconnect has undergone 2 name changes throughout its history. The company was previously known as In Noves Animal Health Private Limited, and Innoves Animal Health Private Limited. The current legal name is Gujarat Airconnect Private Limited.

Company NameStatus
Gujarat Airconnect Private LimitedCurrent
In Noves Animal Health Private LimitedPrevious
Innoves Animal Health Private LimitedPrevious

CIN history

Gujarat Airconnect has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U62200GJ2010PTC079712, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U62200GJ2010PTC079712Current
U33111DL2010PTC199564Previous
U33111GJ2010PTC079712Previous
Key People
Vincent Andrew Xavier Additional Director Rajiv Dinesh Gandhi Director Priya Rajiv Gandhi Director

Recognitions & Rankings of Gujarat Airconnect

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Gujarat Airconnect Private Limited's registered office is in Ahmedabad, Gujarat. Its website is gujaratairconnect.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    gujaratairconnect.in
  • Registered Address
    Pushpak First Floor Panchvai Circle Motilal Hirabhai Road, Ahmedabad, Gujarat, India – 380006
  • Industry
    Transport and Logistics, Air Transport Services

To see the full contact details of Gujarat Airconnect Private Limited, buy the company report.

Comprehensive company report
Gujarat Airconnect Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Gujarat Airconnect is transportation and storage. In detail, this covers air transport.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransportation and storage51Air transport

To see the full business activity and turnover split of Gujarat Airconnect Private Limited, buy the company report.

Financials of Gujarat Airconnect Private Limited

FY 2026 filings available

Gujarat Airconnect Private Limited reported revenue of ₹8.78 Lakh (down 46% YoY) for FY 2026.

Revenue · FY 2026
₹8.78 Lakh ▼ 46%
Net loss · FY 2026
₹20.24 Lakh margin -230.4%
EBITDA · FY 2026
₹9.46 Lakh margin 107.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 29%
5 years · compounded
▲ 9%

Revenue fell 46% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹8.78 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹9.46 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹20.24 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin107.7%
Net Profit Margin-230.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Gujarat Airconnect Private Limited, buy the company report.

Board of directors of Gujarat Airconnect Private Limited

Gujarat Airconnect has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vincent Andrew XavierAdditional Director11 Dec 20250 Years 10 MonthsCurrent
Rajiv Dinesh Gandhi
Also directs: Hester Coatings LLP, Corella Air LLP, Steelcast Limited and 5 more
Director01 Apr 201610 Years 7 MonthsCurrent
Priya Rajiv Gandhi
Also directs: Hester Biosciences Limited, Texas Lifesciences Private Limited, Aerotrans Services Private Limited and 2 more
Director01 Apr 201610 Years 7 MonthsCurrent
View all directors

Auditor

Gujarat Airconnect Private Limited is audited by J C PATEL AND COMPANY for the financial year 2026.

Auditor firmFinancial yearFirm registration number
J C PATEL AND COMPANYFY 2026148300W

Shareholding

The shareholding of Gujarat Airconnect Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gujarat Airconnect Private Limited, buy the company report.

Deals & funding

Gujarat Airconnect Private Limited has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.42 Cr; the latest was in March 2019.

Total deals
10
Secondary share transfers
6
Funding rounds
3
Rights issue
1
Disclosed funding
₹3.42 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Mar 2019Rights issue₹2.72 CrInvestors: 2 individuals
Sep 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
May 2016Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Mar 2016Secondary share transferUndisclosedBuyer: an individual
Seller: Hester Biosciences Limited
Nov 2012Secondary share transferUndisclosedBuyer: Hester Biosciences Limited , an individual
Seller: 4 individuals

To see the full deal history of Gujarat Airconnect Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gujarat Airconnect Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Gujarat Airconnect has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
24AACCI2346E1Z1GujaratActive18 Apr 2018

To see the full GST registrations and return filing status of Gujarat Airconnect Private Limited, buy the company report.

Recent activity

Gujarat Airconnect Private Limited has 20 board changes on record since 2010: 3 appointments and 17 cessations. The latest: Vincent Andrew Xavier was appointed as Additional Director on 11 Dec 2025.

Filing
Gujarat Airconnect Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Vincent Andrew Xavier was appointed as Additional Director.
AGM
Gujarat Airconnect Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Nina Rajiv Gandhi ceased to be Additional Director.
Ceased
Priya Rajiv Gandhi ceased to be Additional Director.
Ceased
Rajiv Dinesh Gandhi ceased to be Additional Director.
Ceased
Darayus Noshir Lakdawalla ceased to be Director.
Ceased
Pinakin Laxmikant Shah ceased to be Director.
Appointed
Priya Rajiv Gandhi was appointed as Director.
Appointed
Rajiv Dinesh Gandhi was appointed as Director.
Ceased
Jigar Pravinchandra Shah ceased to be Director.
Ceased
Rakesh Verma ceased to be Additional Director.

11 earlier events are in the company report.

Frequently asked questions

Gujarat Airconnect is an active private limited company based in Ahmedabad, Gujarat, India. The company works in air transport services, within the transport and logistics industry. It was incorporated on 26 February 2010 (16+ years old) and is registered under CIN U62200GJ2010PTC079712.

Gujarat Airconnect has 3 current directors:

The latest financial statements of Gujarat Airconnect on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Gujarat Airconnect is 24AACCI2346E1Z1, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Gujarat Airconnect is U62200GJ2010PTC079712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gujarat Airconnect has 2 court cases on record: 2 filed by the company.

Gujarat Airconnect was incorporated on 26 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Gujarat Airconnect has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.42 Cr; the latest was in March 2019.

Vincent Andrew Xavier was appointed as Additional Director on 11 Dec 2025. Nina Rajiv Gandhi ceased to be Additional Director on 29 Sep 2017. Priya Rajiv Gandhi ceased to be Additional Director on 28 Sep 2016. Gujarat Airconnect has 20 board changes on record in total.

Gujarat Airconnect can be reached through the website gujaratairconnect.in. Its registered office is in Ahmedabad, Gujarat, India.