About Ventura Airconnect Limited
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Ventura Airconnect Limited is a public limited company based in Surat, Gujarat, India, a subsidiary of Diamond Aeronautics Private Limited. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 01 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U62200GJ2010PLC097428. Its GSTIN is 24AADCV3390A1ZP (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹16.54 Cr and a paid-up capital of ₹13.79 Cr. It was formerly known as Ventura Airconnect Private Limited. It is led by directors including Rasleen Brar (Managing Director) and Divyesh Batukbhai Sakariya (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ventura Empire Opp. Cargo Terminal, Nr.Gate 3 Surat Int. Airport Dumas Rd, Gujarat, India – 395007.
As per the financials filed for FY 2026, the company reported a revenue of ₹29.95 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹5.52 Cr (net margin -18.4%) and EBITDA of ₹6.17 Cr (EBITDA margin 20.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 30% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fly Air Connect. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flyairconnect.com.
Company details
CIN history
Ventura Airconnect has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U62200GJ2010PLC097428, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62200GJ2010PLC097428 | Current |
| U62200DL2010PTC205041 | Previous |
| U62200WB2010PLC192146 | Previous |
| U62200WB2010PTC192146 | Previous |
Contact details
Ventura Airconnect Limited's registered office is in Surat, Gujarat. Its website is flyairconnect.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVentura Empire Opp. Cargo Terminal, Nr.Gate 3 Surat Int. Airport Dumas Rd, Gujarat, India – 395007
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Ventura Airconnect 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
Brands
Ventura Airconnect operates one associated brand: Fly Air Connect. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Private air charters are brokered online through a user platform. | flyairconnect.com |
Business activity
The main business activity of Ventura Airconnect is transport and storage. In detail, this covers air transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H4 | Air transport |
To see the full business activity and turnover split of Ventura Airconnect Limited, buy the company report.
Financials of Ventura Airconnect Limited
FY 2026 filings availableVentura Airconnect Limited reported revenue of ₹29.95 Cr (down 23% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 63% in the latest year. 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29.95 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.52 Cr | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.6% | ||||
| Net Profit Margin | -18.4% | ||||
| 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 Ventura Airconnect Limited, buy the company report.
Board of directors of Ventura Airconnect Limited
Ventura Airconnect has 7 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Dineshkumar Narola | Director | 17 Apr 2015 | 11 Years 6 Months | Current |
| Rajesh Himmat Dholakia Also directs: Dholakia Technologies LLP, Shreya Texfab Private Limited, Carbonx Technology Private Limited and 5 more | Director | 18 Feb 2020 | 6 Years 8 Months | Current |
| Vishalbhai Tulshibhai Chitaliya Also directs: Diamond Aeronautics Private Limited, Anthems Empire LLP, Samrod Diamond LLP and 5 more | Director | 17 Apr 2015 | 11 Years 6 Months | Current |
| Kamlesh Pravin Yagnik Also directs: Solex Energy Limited, Micro Informations Private Limited, Resilience Strata Research and Action Forum and 4 more | Director | 14 Mar 2020 | 6 Years 8 Months | Current |
| Rasleen Brar | Managing Director | 01 Aug 2025 | 1 Years 3 Months | Current |
| Divyesh Batukbhai Sakariya Also directs: Sakariya Industries Private Limited | Managing Director | 01 Aug 2025 | 1 Years 3 Months | Current |
Peer comparison
Ventura Airconnect Limited is compared with the 6 companies closest to it by revenue in the Aviation industry (Charter Services), with the same principal business activity (air transport), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flaps Aviation Private Limited | ₹43.95 Cr (FY 2025) | 15.0% | Jhajjar, Haryana, India | |||
| Aviation Connectivity and Infrastructure Developers Private Limited | ₹43.34 Cr (FY 2025) | 824.0% | New Delhi, Delhi, India | |||
| Aryan Aviation Private Limited | ₹39.04 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Powerfly Aviation Services Private Limited | ₹37.53 Cr (FY 2024) | 56.0% | Bangalore, Karnataka, India | |||
| Forum I Aviation Private Limited | ₹33.62 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Airborne Charters India Private Limited | ₹31.52 Cr (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| Ventura Airconnect Limitedthis company | ₹29.95 Cr (FY 2026) | -₹5.52 Cr | -18.4% | -23.0% | 2 | Surat, Gujarat, India |
To see the full peer comparison of Ventura Airconnect Limited, buy the company report.
Auditor
Ventura Airconnect Limited is audited by NDJ & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NDJ & Co | FY 2024 | 136345W |
Shareholding
The shareholding of Ventura Airconnect Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ventura Airconnect Limited, buy the company report.
Legal cases
Ventura Airconnect Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Telecare Network (India) Private Ltd | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Ventura Airconnect Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Ventura Airconnect Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| RSM Astute Consultech Private Limited | |||
| Deccan Charters Private Limited |
To see the full MSME payment records of Ventura Airconnect Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ventura Airconnect Limited has a workforce of 2 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 2 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ventura Airconnect Limited, buy the company report.
GST
Ventura Airconnect has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV3390A1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ventura Airconnect Limited, buy the company report.
Recent activity
Ventura Airconnect Limited has 24 board changes on record since 2012: 7 appointments and 17 cessations. The latest: Divyesh Batukbhai Sakariya was appointed as Managing Director on 01 Aug 2025.
15 earlier events are in the company report.
Frequently asked questions
Ventura Airconnect is an active public limited company based in Surat, Gujarat, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 01 July 2010 (16+ years old) and is registered under CIN U62200GJ2010PLC097428.
Ventura Airconnect has 7 current directors:
- Rasleen Brar - Managing Director
- Divyesh Batukbhai Sakariya - Managing Director
- Nirav Dineshkumar Narola - Director
- Rajesh Himmat Dholakia - Director
- Vishalbhai Tulshibhai Chitaliya - Director
- Kamlesh Pravin Yagnik - Director
- Nitinkumar Pravinbhai Savaliya - Director
The latest financial statements of Ventura Airconnect on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Ventura Airconnect is 24AADCV3390A1ZP, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ventura Airconnect is U62200GJ2010PLC097428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ventura Airconnect has 4 court cases on record: 4 filed against it. 1 is pending.
Ventura Airconnect was incorporated on 01 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ventura Airconnect by revenue are Flaps Aviation Private Limited, Aviation Connectivity and Infrastructure Developers Private Limited, Aryan Aviation Private Limited, Powerfly Aviation Services Private Limited, Forum I Aviation Private Limited and 1 more, all in the Aviation industry (Charter Services), with the same principal business activity (air transport).
Divyesh Batukbhai Sakariya was appointed as Managing Director on 01 Aug 2025. Nitinkumar Pravinbhai Savaliya was appointed as Director on 01 Aug 2025. Rasleen Brar was appointed as Managing Director on 01 Aug 2025. Ventura Airconnect has 24 board changes on record in total.
Ventura Airconnect has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 2 micro and small suppliers. The latest return was filed on 28 Dec 2020.
Ventura Airconnect can be reached through the website flyairconnect.com. Its registered office is in Surat, Gujarat, India.
The registered office of Ventura Airconnect is at Ventura Empire Opp. Cargo Terminal, Nr.Gate 3 Surat Int. Airport Dumas Rd, Gujarat, India – 395007.
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