
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 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.
| CIN | Status |
|---|---|
| U62100DL1997PTC088626 | Current |
| U62100DL1997PLC088626 | Previous |
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
- Website
- Registered AddressD – 7 Greater Kailash Enclave – II, New Delhi, Delhi, India – 110048
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Asia Aviation 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 Asia Aviation 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 |
Financials of Asia Aviation Private Limited
FY 2019 filings availableAsia Aviation Private Limited reported revenue of ₹12.91 Lakh (up 133% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Kukar | Director | 09 Dec 2011 | 14 Years 11 Months | As last reported |
| Vijay Kumar Kukar | Managing Director | 01 Apr 1998 | 28 Years 7 Months | As last reported |
Auditor
Asia Aviation Private Limited is audited by Vishal Bindal & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishal Bindal & Associates | FY 2017 | 031337N |
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 category | FY 2017 | FY 2016 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2005 | 80059787 | Standard Chartered Bank | ₹10.73 Cr | Satisfied |
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.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Varun Prakashan Private Limited |
| Aug 2012 | Funding round | ₹11.2 Cr | Investors: Varun Prakashan Private Limited |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Avantha Realty Limited , Avantha Realty Limited & Deepak Bansal, Avantha Realty Limited & S.K Khandelwal |
| Mar 2010 | Funding round | ₹4.3 Cr | Investors: Avantha Realty Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 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.
Legal cases
Asia Aviation Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Court case (Ex.COMM - Award by Arb. Comm.) | Filed against the company by an individual | Pending |
| NCLT, New Delhi Bench Court-II | Appeal | Filed against the company by individuals | Disposed |
To see the full case history of Asia Aviation 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 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.
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:
- Vijay Kumar Kukar - Managing Director
- Meena Kukar - Director
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.

