About Airzip Holidays Private Limited
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Airzip Holidays Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 05 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U60221OR2006PTC009054. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Zip Travels and Adventures Private Limited. It is led by directors Manas Ranjan Bal and Kailash Chandra Bal.
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 Bhubaneswar, Odisha.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.08 Cr, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.96 Lakh (net margin -1.8%) and EBITDA of ₹78.01 Lakh (EBITDA margin 72.5%).
As per MCA filings, the company has open charges of ₹6.02 Cr and satisfied charges of ₹40 Lakh on record. Court records list 14 cases involving the company, including 3 filed by the company and 11 filed against it; 8 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 flyairzip.com.
Company details
Contact details
Airzip Holidays Private Limited's registered office is in Bhubaneswar, Odisha. Its website is flyairzip.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 4706/14 Gajapati Nagar, Near Sainik School., Bhubaneswar, Odisha, India – 751005
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Airzip Holidays 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
Financials of Airzip Holidays Private Limited
FY 2024 filings availableAirzip Holidays Private Limited reported revenue of ₹1.08 Cr (down 99% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹1.08 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹78.01 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹1.96 Lakh |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 72.5% |
| Net Profit Margin | -1.8% |
| 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 Airzip Holidays Private Limited, buy the company report.
Board of directors of Airzip Holidays Private Limited
Airzip Holidays has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manas Ranjan Bal | Director | 31 Jul 2023 | 3 Years 2 Months | Current |
| Kailash Chandra Bal Also directs: Kanhei Milk & Organic Products LLP, Divik Infra Private Limited | Director | 05 Dec 2006 | 19 Years 10 Months | Current |
Auditor
Airzip Holidays Private Limited is audited by GA-140, GROUND FLOOR, for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GA-140, GROUND FLOOR, | FY 2015 | 306344 |
Shareholding
The shareholding of Airzip Holidays Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Airzip Holidays Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2015 | 10574156 | Punjab National Bank | ₹80 Lakh | Open | |
| 18 Feb 2014 | 10484666 | Others | ₹3.82 Cr | Open | |
| 16 Dec 2011 | 10371420 | Punjab National Bank | ₹40 Lakh | Open | |
| 03 Aug 2011 | 10303474 | Punjab National Bank | ₹1 Cr | Open | |
| 10 Sep 2009 | 10179408 | State Bank of Hyderabad | ₹40 Lakh | Satisfied |
To see the full charge records of Airzip Holidays Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Airzip Holidays Private Limited has 14 court cases on record: 3 filed by Airzip Holidays, 11 filed against it. 8 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 7 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Orissa | Civil suit | Filed against the company by Air India Ltd | Pending |
| High Court | Arbitration matter | Filed by the company against Bajaj Finance Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Bajaj Finance Limited | Pending |
| District court, New Delhi, Delhi | Court case (Cr Cases) | Filed against the company by Tsi Yatra Pvt. Ltd. | Disposed |
| High Court, ORISSA | Writ petition | Filed by the company against Bajaj Finance Ltd. and 1 other | Disposed |
To see the full case history of Airzip Holidays 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 Airzip Holidays Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Airzip Holidays has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Airzip Holidays Private Limited, buy the company report.
Recent activity
Airzip Holidays Private Limited has 8 board changes on record since 2006: 2 appointments and 6 cessations. The latest: Priyabrata Debata ceased to be Director on 05 Aug 2023.
8 earlier events are in the company report.
Frequently asked questions
Airzip Holidays is an active private limited company based in Bhubaneswar, Odisha, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 05 December 2006 (20+ years old) and is registered under CIN U60221OR2006PTC009054.
Airzip Holidays has 2 current directors:
- Manas Ranjan Bal - Director
- Kailash Chandra Bal - Director
The latest financial statements of Airzip Holidays 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.
No. Airzip Holidays has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Airzip Holidays is U60221OR2006PTC009054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airzip Holidays has 14 court cases on record: 3 filed by the company and 11 filed against it. 8 are pending. Most are in the district courts.
Airzip Holidays was incorporated on 05 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Cuttack.
Priyabrata Debata ceased to be Director on 05 Aug 2023. Manas Ranjan Bal was appointed as Director on 31 Jul 2023. Bikash Kumar Das ceased to be Director on 15 Jan 2021. Airzip Holidays has 8 board changes on record in total.
Airzip Holidays can be reached through the website flyairzip.com. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Airzip Holidays is at Plot No. 470614 Gajapati Nagar, Near Sainik School., Bhubaneswar, Odisha, India – 751005.