Aircel Limited - Company Profile

It is a telecom public limited company based in Andheri E, Maharashtra, India, established in 1994.
1994 Andheri E, Maharashtra, India Active
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About Aircel Limited

Aircel Limited, a active public limited company, was established on 20 December 1994 in Andheri E, Maharashtra, India. Engaging in telecom service providers within the information and communication sector, it holds CIN: U32201MH1994PLC284030. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹20,000.00 Cr and a paid-up capital of ₹8,334.77 Cr.

Formerly known as Srinivas Cellcom Limited. It upholds a active non-compliant status. Employing 15 professional, Its leadership includes Sanjeev Jain (Additional Director), Kidambi Parthasarathy Varadharajan (Director), Sandeep Vats (Director). Past directors included Fahad Hussain S Mushayt, Rajinder Mahajan, Bhaskara Mandavilli Nageswara Rao. It holds ₹25,509.66 Cr open charges and ₹72,841.84 Cr settled loans. Its latest AGM occurred on 26 July 2017, with the balance sheet filed on 31 March 2017. It is based at Opus Centre, 47, Central Road Opposite Tunga Paradise, Midc, Andheri E, Maharashtra, 400093.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U32201MH1994PLC284030

  • Registration Number

    284030

  • Incorporation Date

    20 December 1994

  • Authorized Capital

    ₹20,000.00 Cr

  • Paid-Up Capital

    ₹8,334.77 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20,000.00 Cr
  • Paid Up Capital ₹ 8,334.77 Cr
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 25,509.66 Cr
  • Satisfied Charges ₹ 72,841.84 Cr
  • Revenue Growth **** 0.82%
  • Profit Growth **** 8.08%
  • Ebitda **** -173.61%
  • Net Worth -10.87%
  • Total Assets -18.64%
Company report

Aircel Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Aircel Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Aircel Limited?
Current Directors
Name Designation Appointment Date Status
Sanjeev Jain Additional Director 10 Apr 2019 Current
Kidambi Parthasarathy Varadharajan Director 03 Apr 2024 Current
Sandeep Vats Director 18 Feb 2018 Current
Prakash Radheshyam Mishra Director 18 Feb 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 19 Sep 2011 Past
Pramod Abcsdd Nominee Director 03 Dec 2013 Past
Pramod Abcsdd Director 16 Jun 2017 Past
Pramod Abcsdd Director 01 Aug 2007 Past
Pramod Abcsdd Cfo(Kmp) 12 Oct 2015 Past
Pramod Abcsdd Additional Director 09 Jun 2020 Past

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Financial Performance of Aircel.

Aircel Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 0.82% increase. The company also saw a slight improvement in profitability, with a 8.08% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.87%.

Aircel revenue growth over time
Aircel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 0.82%
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Revenue from Operations
*******
 -5.38%
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*******
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Total Assets
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 -18.64%
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*******
*******
Profit or Loss
*******
 8.08%
*******
*******
*******
*******
Net Worth
*******
 -10.87%
*******
*******
*******
*******
EBITDA
*******
 -173.61%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Aircel?

In 2017, Aircel had a promoter holding of 100.00%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹255,096,646,000.00

Satisfied Charges

₹728,418,357,000.00

Charges Breakdown by Lending Institutions
  • Others : 17479.00 Cr
  • Sbicap Trustee Company Limited : 8030.66 Cr
Latest Charge Details
Date Lender Amount Status
26 Apr 2014 Sbicap Trustee Company Limited ₹4,015.33 Cr Open
26 Apr 2014 Others ₹17,479.00 Cr Open
12 Jul 2011 Sbicap Trustee Company Limited ₹543.16 Cr Open
29 Apr 2011 Sbicap Trustee Company Limited ₹3,472.17 Cr Open
25 Feb 2014 Sbicap Trustee Company Limited ₹13,729.00 Cr Satisfied

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How Many Employees Work at Aircel?

Aircel has a workforce of 15 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aircel, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aircel's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Aircel
Recent Activity within the Organization
  • Director Appointment

    The activity Kidambi Parthasarathy Varadharajan was appointed as a Director was appointed as a Director on 03 Apr 2024 & has been associated with this company since 2 years 2 months . was completed.

  • Charges

    Progress on A charge with Others of Rs. 17,479.00 Cr registered on 26 Apr 2014 with Charge ID 10493557 was modified on 30 Sep 2021. was documented.

  • Director Appointment

    Kamran Habib was appointed as a Company Secretary was appointed as a Company Secretary on 10 Apr 2019 & has been associated with this company since 7 years 2 months . was recorded as a recent event.

  • Director Appointment

    The activity Sanjeev Jain was appointed as a Additional Director was appointed as a Additional Director on 10 Apr 2019 & has been associated with this company since 7 years 2 months . was completed.

  • Director Appointment

    Sandeep Vats was appointed as a Director was appointed as a Director on 18 Feb 2018 & has been associated with this company since 8 years 4 months . was recorded as a recent event.

  • Director Appointment

    The activity Prakash Radheshyam Mishra was appointed as a Director was appointed as a Director on 18 Feb 2018 & has been associated with this company since 8 years 4 months . was completed.

Explore recent activity and updates - View Recent Activity

Recent News, Updates & Announcement
  • Aircel news update on market trends
    Aircel sacks 1000 of its 1229 employees.

    MUMBAI: Aircel and its unit have sacked some 1,000 of its 1,229 remaining employees, unable to meet related costs as the resolution professional (RP) Deloitte strives to keep the bankrupt mobile phone company running so that its assets fetch a good price in the ongoing insolvency process."There has not been a regular source of any cash flow from operations, and the funds garnered from recoveries/litigations could only help sustain for a limited timeframe. The companies have now reached a precari....

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  • Aircel news update on market trends
    "When Justice Seems Within Reach, CBI Delays with Affidavit in Aircel-Maxis Case #JusticeDelayed #CantCatchABreak".

    When you thought you were finally gonna get justice but the CBI be like "wait, let me file an affidavit first." #AircelMaxisCase #JusticeDelayed #CantCatchABreak.

    Zee News

  • Aircel news update on market trends
    Telecom firms slapped Rs 2.6cr fine in 3 quarters for call drops.

    Business Line

  • Aircel news update on market trends
    Telecom department rejects Aircel's resolution proposal.

    The Department of Telecommunications (DoT) has rejected the resolution proposal cleared by bankrupt telco Aircel’s lenders under which Rs 16.50 crore was earmarked for all operational creditors, including the government, saying it was insufficient to cover for its license and spectrum related dues."As per their plan (that of resolution professional), a sum of Rs 16.50 crore has been earmarked for all operational creditors. There is no specific provision for the DoT," the counsel representing the....

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  • Aircel news update on market trends
    Aircel's Bankruptcy Sparks Controversy as Resolution Process Threatens Government's Control of Spectrum Auctions.

    When Aircel went bankrupt, its resolution professional and potential buyer UVARCL started talking to Bharti Airtel, Vodafone Idea, and Reliance Jio to sell its spectrum. This goes against the government's belief that only they can sell airwaves through auctions. The DoT realized they would only get a small amount from the resolution process, so they want the spectrum to be returned and auctioned at market rates. Aircel's assets, including spectrum, are worth less now, so creditors will only get a small amount back. The DoT can fight this, but it's unlikely they will win..

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  • Aircel news update on market trends
    DoT orders Aircel to return spectrum due to unpaid arrears.

    Tele

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Frequently Asked Questions
What is the CIN of Aircel Limited?

The CIN of Aircel Limited is U32201MH1994PLC284030.

Where is Aircel Limited headquartered?

Aircel Limited is headquartered at Opus Centre, 47, Central Road Opposite Tunga Paradise, Midc, Andheri E, Maharashtra, 400093.

When was Aircel Limited incorporated?

Aircel Limited was incorporated on 20 December 1994.

Who are the current directors of Aircel Limited?

The current directors of Aircel Limited are

What is the primary industry of Aircel Limited?

The primary industry of Aircel Limited is Information And Communication.

Is Aircel Limited a listed company?

Aircel Limited is unlisted.

What is the capital structure of Aircel Limited?

The authorized capital of Aircel Limited is ₹20,000.00 Cr, and the paid-up capital is ₹8,334.77 Cr.

What is the compliance status of Aircel Limited?

The compliance status of Aircel Limited is Active Non-Compliant.

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