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About Airlift(India)Private Limited
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Airlift(India)Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 15 December 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH1979PTC022006. Its GSTIN is 27AABCA1088J1ZO (Maharashtra). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Venkatesh Janardan Gavankar and Delna Farokh Hansotia.
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 13 Adarsh Industrial Estate Sahar Road Chakala Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.25 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.1 Cr (net margin -2.7%) and EBITDA of -₹76.92 Lakh (EBITDA margin -1.9%). Revenue has grown at a compounded annual rate (CAGR) of 114% over three years and 54% over five years.
As per MCA filings, the company has open charges of ₹1.59 Cr and satisfied charges of ₹2.57 Cr on record. Court records list 60 cases involving the company, including 50 filed by the company and 10 filed against it; 3 cases are 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 airliftindia.com.
Company details
Contact details
Airlift(India)Private Limited's registered office is in Mumbai, Maharashtra. Its website is airliftindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address13 Adarsh Industrial Estate Sahar Road Chakala Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services, Air Cargo Services & Logistics
To see the full contact details of Airlift(India)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 Airlift(India) is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Airlift(India)Private Limited, buy the company report.
Financials of Airlift(India)Private Limited
FY 2024 filings availableAirlift(India)Private Limited reported revenue of ₹41.25 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 54%. EBITDA fell 261% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹76.92 Lakh | ||||
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| Net Profit (PAT) | -₹1.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -1.9% | ||||
| Net Profit Margin | -2.7% | ||||
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To see the full financial statements and ratios of Airlift(India)Private Limited, buy the company report.
Board of directors of Airlift(India)Private Limited
Airlift(India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Janardan Gavankar | Director | 01 Oct 2009 | 17 Years 1 Months | Current |
| Delna Farokh Hansotia Also directs: Airtrac Agents (India) Pvt Ltd | Director | 28 Mar 2023 | 3 Years 7 Months | Current |
| Farokh Minoo Hansotia Also directs: Airtrac Agents (India) Pvt Ltd | Director | 01 Sep 2008 | 18 Years 2 Months | Current |
| Vadakke Kovilakom Vinayakumar Also directs: Airlift Freight Forwarders Private Limited | Director | 01 Jan 1991 | 35 Years 10 Months | Current |
Auditor
Airlift(India)Private Limited is audited by BOMI H. HANSOTIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BOMI H. HANSOTIA | FY 2023 | 009642 |
Shareholding
The shareholding of Airlift(India)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 Airlift(India)Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2023 | 100856189 | Indian Overseas Bank | ₹34.6 Lakh | Open | |
| 25 May 2016 | 100033452 | Indian Overseas Bank | ₹24.8 Lakh | Open | |
| 25 May 2016 | 100033456 | Indian Overseas Bank | ₹1 Cr | Open | |
| 17 Apr 2005 | 90242689 | Icici Bank | ₹6.88 Lakh | Satisfied | |
| 18 Aug 1997 | 80028971 | Indian Overseas Bank | ₹2.5 Cr | Satisfied |
To see the full charge records of Airlift(India)Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Airlift(India)Private Limited has 60 court cases on record: 50 filed by Airlift(India), 10 filed against it. 3 cases are pending and 57 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 6 | 1 |
| District courts | 27 | 3 | 2 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Edward Cargo India Pvt Ltd and Ors and 1 other | Pending |
| District court, Central, Delhi | Civil suit | Filed by the company against Ms Bharat Foils Ltd. Ors. and 3 others | Disposed |
| District court, South, Delhi | Civil suit | Filed by the company against M/S Bird Cargo Pvt.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Clarion Logistics India Pvt Ltd Others | Disposed |
| Bombay High Court | Court case (CHOL) | Filed by the company against Indira Exports Pvt. Ltd. and Ors. | Disposed |
To see the full case history of Airlift(India)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 Airlift(India)Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Airlift(India) has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA1088J1ZO | Maharashtra | Active | 01 Jul 2017 |
| 24AABCA1088J1ZU | Gujarat | Active | 01 Jul 2017 |
| 33AABCA1088J1ZV | Tamil Nadu | Active | 01 Jul 2017 |
| 32AABCA1088J1ZX | Kerala | Active | 14 Jul 2017 |
To see the full GST registrations and return filing status of Airlift(India)Private Limited, buy the company report.
Recent activity
Airlift(India)Private Limited has 8 board changes on record since 1991: 4 appointments and 4 cessations. The latest: Delna Farokh Hansotia ceased to be Additional Director on 28 Sep 2023.
8 earlier events are in the company report.
Frequently asked questions
Airlift(India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 15 December 1979 (47+ years old) and is registered under CIN U63040MH1979PTC022006.
Airlift(India) has 4 current directors:
- Venkatesh Janardan Gavankar - Director
- Delna Farokh Hansotia - Director
- Farokh Minoo Hansotia - Director
- Vadakke Kovilakom Vinayakumar - Director
The latest financial statements of Airlift(India) 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.
The GSTIN of Airlift(India) is 27AABCA1088J1ZO, registered in Maharashtra. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 24AABCA1088J1ZU (Gujarat), 33AABCA1088J1ZV (Tamil Nadu), 32AABCA1088J1ZX (Kerala).
The CIN (Corporate Identification Number) of Airlift(India) is U63040MH1979PTC022006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airlift(India) has 60 court cases on record: 50 filed by the company and 10 filed against it. 3 are pending. Most are in the high courts.
Airlift(India) was incorporated on 15 December 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
Delna Farokh Hansotia ceased to be Additional Director on 28 Sep 2023. Delna Farokh Hansotia was appointed as Director on 28 Mar 2023. Minoo Dosabhai Hansotia ceased to be Managing Director on 17 Apr 2019. Airlift(India) has 8 board changes on record in total.
Airlift(India) can be reached through the website airliftindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Airlift(India) is at 13 Adarsh Industrial Estate Sahar Road Chakala Andheri East, Mumbai, Maharashtra, India – 400099.
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