Shalin Airex Private Limited
About Shalin Airex Private Limited
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Shalin Airex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 11 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ2005PTC046052. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Vibha Nileshbhai Patel and Anish Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 32 – 34 1st Floor Shubhlaxmi Complex Opp Sanghvi School, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2020, the company reported a revenue of ₹27,750, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹3,539 (net margin 12.8%) and EBITDA of -₹23,551 (EBITDA margin -84.9%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shalin Airex Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address32 – 34 1st Floor Shubhlaxmi Complex Opp Sanghvi School, Ahmedabad, Gujarat, India – 380013
- IndustryFinancial Services, Forex Services
To see the full contact details of Shalin Airex Private Limited, buy the company report.
- 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
Financials of Shalin Airex Private Limited
FY 2024 filings availableShalin Airex Private Limited reported revenue of ₹27,750 (up 23% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹27,750 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹23,551 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3,539 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -84.9% | ||||
| Net Profit Margin | 12.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Shalin Airex Private Limited, buy the company report.
Board of directors of Shalin Airex Private Limited
Shalin Airex has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vibha Nileshbhai Patel | Director | 17 Jul 2023 | 3 Years 3 Months | Current |
| Anish Patel | Director | 01 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Shalin Airex Private Limited is audited by PATEL & PATEL ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL & PATEL ASSOCIATES | FY 2020 | 115810W |
Shareholding
The shareholding of Shalin Airex Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shalin Airex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shalin Airex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shalin Airex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shalin Airex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shalin Airex Private Limited, buy the company report.
Recent activity
Shalin Airex Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Vibha Nileshbhai Patel ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Shalin Airex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 11 May 2005 (21+ years old) and is registered under CIN U67190GJ2005PTC046052.
Shalin Airex has 2 current directors:
- Vibha Nileshbhai Patel - Director
- Anish Patel - Director
The latest financial statements of Shalin Airex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Shalin Airex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shalin Airex is U67190GJ2005PTC046052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shalin Airex was incorporated on 11 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vibha Nileshbhai Patel ceased to be Additional Director on 29 Sep 2023. Nileshkumar Ganpatbhai Patel ceased to be Whole-Time Director on 17 Jul 2023. Vibha Nileshbhai Patel was appointed as Director on 17 Jul 2023. Shalin Airex has 8 board changes on record in total.
The registered office of Shalin Airex is at 32 – 34 1st Floor Shubhlaxmi Complex Opp Sanghvi School, Ahmedabad, Gujarat, India – 380013.
Shalin Airex operates in the financial services industry, in the forex services segment.
The compliance status of Shalin Airex is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.
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