Asia Aviation Private Limited

Asia Aviation Private Limited - transport and logistics in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U62100DL1997PTC088626 Incorporated 21 July 1997 ROC Delhi HQ New Delhi, Delhi, India
Struck Off Private Limited Company transport and logistics
Revenue · FY 2019
₹12.91 Lakh
▲ 133% YoY
Net loss · FY 2019
₹6.31 Cr
Latest filing
EBITDA · FY 2019
-₹7.68 Lakh
EBITDA margin -59.5%
Authorised capital
₹17.5 Cr
Registered with MCA
Paid-up capital
₹6.28 Cr
Issued & subscribed
Satisfied charges
₹10.73 Cr
No open charges
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings

About Asia Aviation Private Limited

Data last updated:

Asia Aviation Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 21 July 1997.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U62100DL1997PTC088626.

The company had an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹6.28 Cr. It was led by directors Vijay Kumar Kukar (Managing Director) and Meena Kukar.

Its last annual general meeting (AGM) was held on 15 April 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at D – 7 Greater Kailash Enclave – II, New Delhi, Delhi, India – 110048.

As per the financials filed for FY 2019, the company reported a revenue of ₹12.91 Lakh, a growth of 133% compared to the previous year. For the same year it recorded a net loss of ₹6.31 Cr and EBITDA of -₹7.68 Lakh (EBITDA margin -59.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.

As per MCA filings, the company had satisfied charges of ₹10.73 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.25 Cr; the latest was in September 2012.

The last known website on record is asiaaviation.in.

Company details

CIN U62100DL1997PTC088626
Registration Number 088626
Incorporation Date 21 July 1997
ROC Delhi
Listing Status Unlisted
Company Status Struck Off
Compliance Status Active Compliant

CIN history

Asia Aviation has one previous CIN (Corporate Identification Number): U62100DL1997PLC088626. The current CIN is U62100DL1997PTC088626, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U62100DL1997PTC088626Current
U62100DL1997PLC088626Previous

Contact details

Asia Aviation Private Limited's registered office is in New Delhi, Delhi. Its website is asiaaviation.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D – 7 Greater Kailash Enclave – II, New Delhi, Delhi, India – 110048
  • Industry
    Transport and Logistics, Air Charter & Private Aviation

To see the full contact details of Asia Aviation Private Limited, buy the company report.

Comprehensive company report
Asia Aviation Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Asia Aviation is transport and storage. In detail, this covers air transport.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH4Air transport

Financials of Asia Aviation Private Limited

FY 2019 filings available

Asia Aviation Private Limited reported revenue of ₹12.91 Lakh (up 133% YoY) for FY 2019.

Revenue · FY 2019
₹12.91 Lakh ▲ 133%
Net loss · FY 2019
₹6.31 Cr
EBITDA · FY 2019
-₹7.68 Lakh margin -59.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 133%
3 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 133% growth in the latest year. EBITDA rose 70% 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹7.68 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.31 Cr
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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-59.5%
Net Profit Margin
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 Asia Aviation Private Limited, buy the company report.

Board of directors of Asia Aviation Private Limited

Asia Aviation has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Meena KukarDirector09 Dec 201114 Years 11 MonthsAs last reported
Vijay Kumar KukarManaging Director01 Apr 199828 Years 7 MonthsAs last reported

Auditor

Asia Aviation Private Limited is audited by Vishal Bindal & Associates for the financial year 2017.

Auditor firmFinancial yearFirm registration number
Vishal Bindal & AssociatesFY 2017031337N

Shareholding

The shareholding of Asia Aviation Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Asia Aviation Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹10.73 Cr
Breakdown by lending institutions
Standard Chartered Bank₹10.73 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Dec 200580059787Standard Chartered Bank₹10.73 CrSatisfied

To see the full charge records of Asia Aviation Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Asia Aviation Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.25 Cr; the latest was in September 2012.

Total deals
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹20.25 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Sep 2012Secondary share transferUndisclosedBuyer: an individual
Seller: Varun Prakashan Private Limited
Aug 2012Funding round₹11.2 CrInvestors: Varun Prakashan Private Limited
Sep 2011Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Avantha Realty Limited , Avantha Realty Limited & Deepak Bansal, Avantha Realty Limited & S.K Khandelwal
Mar 2010Funding round₹4.3 CrInvestors: Avantha Realty Limited
Mar 2010Secondary share transferUndisclosedBuyer: Avantha Realty Limited , Avantha Realty Limited & R. K. Chopra, Avantha Realty Limited & Akhil Mahajan
Seller: Avantha Holdings Limited , Saraswati Travels Private Limited , Varun Prakashan Private Limited

To see the full deal history of Asia Aviation Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Asia Aviation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Asia Aviation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Asia Aviation Private Limited has 8 board changes on record since 1998: 2 appointments and 6 cessations. The latest: Sonali Kukar ceased to be Director on 20 Aug 2018.

AGM
Asia Aviation Private Limited last Annual general meeting of members was held on 15 Apr 2019 as per latest MCA records.
Filing
Asia Aviation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi.
Ceased
Sonali Kukar ceased to be Director.
Ceased
Meena Kukar ceased to be Additional Director.
Appointed
Meena Kukar was appointed as Director.
Ceased
Netra Shamshere Rana ceased to be Director.
Ceased
Surendra Kumar Khandelwal ceased to be Director.
Ceased
Vijay Kumar Kukar ceased to be Director.
Charges
A charge registered on 15 Dec 2005 via Charge ID 80059787 with Standard Chartered Bank was fully satisfied on 24 Jun 2010.
Ceased
Vinod Kumar Sablok ceased to be Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 10.73 Cr with Charge ID 80059787 was registered on 15 Dec 2005.
Appointed
Vijay Kumar Kukar was appointed as Managing Director.

1 earlier event is in the company report.

Frequently asked questions

Asia Aviation has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Asia Aviation was a private limited company based in New Delhi, Delhi, India. The company worked in air charter and private aviation, within the transport and logistics industry. It was incorporated on 21 July 1997 and is registered under CIN U62100DL1997PTC088626. The company has been struck off by the Registrar of Companies and is no longer operational.

Asia Aviation had 2 directors:

The CIN (Corporate Identification Number) of Asia Aviation is U62100DL1997PTC088626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Asia Aviation is at D – 7 Greater Kailash Enclave – II, New Delhi, Delhi, India – 110048.

Asia Aviation was incorporated on 21 July 1997. It is registered with the Registrar of Companies, Delhi.

Asia Aviation can be reached through the website asiaaviation.in. Its registered office is in New Delhi, Delhi, India.

The latest financial statements of Asia Aviation on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 15 April 2019. Year-wise statements from 2015 are in the company report.

Asia Aviation operated in the transport and logistics industry, in the air charter and private aviation segment. It worked in this industry before it was struck off.

Asia Aviation has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.25 Cr; the latest was in September 2012.