About Volano Entertainment Private Limited
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Volano Entertainment Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 29 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2011PTC229457. Its GSTIN is 06AADCV9451G1Z5 (Haryana). The company holds 14 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.2 Cr and a paid-up capital of ₹1.06 Cr. It is led by directors Adnan Adeeb and Zeba Zaidi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 55 2nd Floor Lane – 2 Westend Marg Saidulajab, Near Saket Metro Station, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.21 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.56 Cr and EBITDA of -₹1.31 Cr. Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 58% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Devils Circuit. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹6.01 Cr; the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devilscircuit.com.
Company details
Contact details
Volano Entertainment Private Limited's registered office is in New Delhi, Delhi. Its website is devilscircuit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address55 2nd Floor Lane – 2 Westend Marg Saidulajab, Near Saket Metro Station, New Delhi, Delhi, India – 110030
- IndustryEvents and Entertainment, Entertainment Venues & Properties
To see the full contact details of Volano Entertainment 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
Brands
Volano Entertainment operates one associated brand: Devils Circuit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Organizer of running sports event | devilscircuit.com |
Business activity
The main business activity of Volano Entertainment is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Volano Entertainment Private Limited, buy the company report.
Financials of Volano Entertainment Private Limited
FY 2025 filings availableVolano Entertainment Private Limited reported revenue of ₹17.21 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 99% fall in the latest year. EBITDA rose 58% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.31 Cr | ||||
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| Net Profit (PAT) | -₹1.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Volano Entertainment Private Limited, buy the company report.
Board of directors of Volano Entertainment Private Limited
Volano Entertainment has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adnan Adeeb | Director | 29 Dec 2011 | 14 Years 10 Months | Current |
| Zeba Zaidi | Director | 29 Dec 2011 | 14 Years 10 Months | Current |
Auditor
Volano Entertainment Private Limited is audited by V. Sankar Aiyar & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. Sankar Aiyar & Co. | FY 2022 | 109208W |
Shareholding
The shareholding of Volano Entertainment Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Volano Entertainment Private Limited, buy the company report.
Deals & funding
Volano Entertainment Private Limited has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹6.01 Cr; the latest was in March 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Spectacom Global Private Limited Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Game Cubators Labs Private Limited, an individual Seller: Urlife Lifestyle Wellness Limited , an individual |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: Urlife Lifestyle Wellness Limited Seller: 4 individuals |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2015 | Funding round · Series A | ₹4.2 Cr | Investors: Adventure Trails India Private Limited , Urlife Lifestyle Wellness Limited , 2 individuals |
To see the full deal history of Volano Entertainment Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Volano Entertainment Private Limited has 3 court cases on record: 1 filed by Volano Entertainment, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Court case (SCS) | Filed against the company by Zuari Agro Chemicals Ltd., A Comp. Incorporated U/Comp.Act.Rep. Chief Manager Mr. Mahesh Naik | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against an individual | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Volano Entertainment Private 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
No delayed payments to MSME suppliers are on our record for Volano Entertainment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Volano Entertainment Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 1 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Volano Entertainment Private Limited, buy the company report.
GST
Volano Entertainment has 14 GST registrations: 1 active and 13 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCV9451G1Z5 | Haryana | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Volano Entertainment Private Limited, buy the company report.
Recent activity
Volano Entertainment Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Jaswinder Singh Bhatia ceased to be Company Secretary on 25 Feb 2021.
Frequently asked questions
Volano Entertainment is an active private limited company based in New Delhi, Delhi, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 29 December 2011 (15+ years old) and is registered under CIN U74900DL2011PTC229457.
Volano Entertainment has 2 current directors:
- Adnan Adeeb - Director
- Zeba Zaidi - Director
The latest financial statements of Volano Entertainment on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Volano Entertainment is 06AADCV9451G1Z5, registered in Haryana. The company has 14 GST registrations in all, of which 1 is active and 13 are cancelled or inactive.
The CIN (Corporate Identification Number) of Volano Entertainment is U74900DL2011PTC229457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Volano Entertainment has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Volano Entertainment was incorporated on 29 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Volano Entertainment has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹6.01 Cr; the latest was in March 2023.
Jaswinder Singh Bhatia ceased to be Company Secretary on 25 Feb 2021. Pranab Pegu ceased to be Additional Director on 10 Sep 2020. Adnan Adeeb was appointed as Director on 29 Dec 2011. Volano Entertainment has 4 board changes on record in total.
Volano Entertainment can be reached through the website devilscircuit.com. Its registered office is in New Delhi, Delhi, India.
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