About Air Charter Services Private Limited
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Air Charter Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 08 September 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51109DL2000PTC107625. Its GSTIN is 07AADCA2612A1ZJ (Delhi).
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹15 Cr. It was formerly known as Air Charter Service Private Limited. It is led by directors including Semoun Jolly and Kamlesh Jolly.
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 D – 67 Ground Floor, Defence Colony, New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2025, the company reported a revenue of ₹391.02 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹32.86 Cr (net margin 8.4%) and EBITDA of ₹55.26 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 17% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹11.2 Cr on record. Court records list 19 cases involving the company, including 16 filed by the company and 3 filed against it; 5 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.57 Cr; the latest was in March 2019. Its 7 peer companies in the Aviation industry (Charter Services), with the same principal business activity (air transport) are compared by revenue, 3 larger and 4 smaller; the largest is Global Vectra Helicorp Limited with revenue of ₹593.67 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aircharterservices.com.
Company details
Contact details
Air Charter Services Private Limited's registered office is in New Delhi, Delhi. Its website is aircharterservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 67 Ground Floor, Defence Colony, New Delhi, Delhi, India – 110024
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Air Charter Services 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
Business activity
The main business activity of Air Charter Services 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 Air Charter Services Private Limited, buy the company report.
Financials of Air Charter Services Private Limited
FY 2025 filings availableAir Charter Services Private Limited reported revenue of ₹391.02 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 18% growth in the latest year. EBITDA rose 17% 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 | ₹55.26 Cr | ||||
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| Net Profit (PAT) | ₹32.86 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 8.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Air Charter Services Private Limited, buy the company report.
Board of directors of Air Charter Services Private Limited
Air Charter Services has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Semoun Jolly Also directs: CPCT Media Private Limited, GPS India Networks Private Limited, Eclipse Technologies Private Limited and 1 more | Director | 08 Sep 2000 | 26 Years 1 Months | Current |
| Kamlesh Jolly Also directs: GPS India Networks Private Limited | Director | 08 Sep 2000 | 26 Years 1 Months | Current |
| Amarjit Singh Sethi Also directs: Kalpna Buildmart LLP, Cosmo Plaza Global LLP, SSJ Metal Equipments Private Limited and 5 more | Director | 29 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Air Charter Services Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Global Vectra Helicorp Limited | ₹593.67 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Pawan Hans Limited | ₹442.98 Cr (FY 2024) | 0.0% | Noida, Uttar Pradesh, India | |||
| VSR Ventures Private Limited | ₹431.52 Cr (FY 2025) | 46.0% | New Delhi, Delhi, India | |||
| Air Charter Services Private Limitedthis company | ₹391.02 Cr (FY 2025) | ₹32.86 Cr | 8.4% | 18.0% | 20 | New Delhi, Delhi, India |
| Jetsetgo Aviation Services Private Limited | ₹352 Cr (FY 2025) | 1.0% | Delhi, India | |||
| Aircab Aviation Private Limited | ₹332.76 Cr (FY 2025) | 103.0% | New Delhi, Delhi, India | |||
| Irm Private Limited | ₹307.16 Cr (FY 2025) | -2.0% | Ahmedabad, Gujarat, India | |||
| Acs Air Charter Service India Private Limited | ₹305.13 Cr (FY 2025) | 78.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Air Charter Services Private Limited, buy the company report.
Auditor
Air Charter Services Private Limited is audited by GSSV & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GSSV & Associates | FY 2022 | 014537N |
Shareholding
The shareholding of Air Charter Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Air Charter Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2012 | 10380054 | Yes Bank Limited | ₹11 Cr | Satisfied | |
| 23 Jan 2012 | 10336705 | Canara Bank | ₹10 Lakh | Satisfied | |
| 21 Oct 2011 | 10316532 | Canara Bank | ₹9.5 Lakh | Satisfied |
To see the full charge records of Air Charter Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Air Charter Services Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.57 Cr; the latest was in March 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ashok Jolly HUF, Semoun Jolly -Huf |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Funding round | ₹1.47 Cr | Investors: CPCT Media Private Limited , SSJ Metal Equipments Private Limited , 2 individuals |
| Mar 2007 | Funding round | ₹10 Lakh | Investors: Semoun Jolly -Huf |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Air Charter Services Private Limited has 19 court cases on record: 16 filed by Air Charter Services, 3 filed against it. 5 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 3 | 5 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed by the company against M/S.Aspirants Enterprises India Pvt.Ltd. | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Ms United India Insurance Co. Ltd. | Disposed |
| District court, New Delhi, Delhi | Appeal | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Sar Aviation Charter Services Pvt Ltd | Pending |
To see the full case history of Air Charter Services 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 Air Charter Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Air Charter Services Private Limited has a workforce of 20 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Air Charter Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCA2612A1ZJ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Air Charter Services Private Limited, buy the company report.
Recent activity
Air Charter Services Private Limited has 7 board changes on record since 2000: 4 appointments and 3 cessations. The latest: . Komal was appointed as Company Secretary on 01 Aug 2023.
5 earlier events are in the company report.
Frequently asked questions
Air Charter Services is an active private limited company based in New Delhi, Delhi, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 08 September 2000 (26+ years old) and is registered under CIN U51109DL2000PTC107625.
Air Charter Services has 3 current directors:
- Semoun Jolly - Director
- Kamlesh Jolly - Director
- Amarjit Singh Sethi - Director
The latest financial statements of Air Charter Services 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 Air Charter Services is 07AADCA2612A1ZJ, registered in Delhi.
The CIN (Corporate Identification Number) of Air Charter Services is U51109DL2000PTC107625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Air Charter Services has 19 court cases on record: 16 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
Air Charter Services was incorporated on 08 September 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
Air Charter Services has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.57 Cr; the latest was in March 2019.
The peers of Air Charter Services by revenue are Global Vectra Helicorp Limited, Pawan Hans Limited, VSR Ventures Private Limited, Jetsetgo Aviation Services Private Limited, Aircab Aviation Private Limited and 2 more, all in the Aviation industry (Charter Services), with the same principal business activity (air transport).
. Komal was appointed as Company Secretary on 01 Aug 2023. Maninder Singh ceased to be Director on 28 Mar 2022. Amarjit Singh Sethi ceased to be Additional Director on 30 Sep 2019. Air Charter Services has 7 board changes on record in total.
Air Charter Services can be reached through the website aircharterservices.com. Its registered office is in New Delhi, Delhi, India.
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