Fairjet Resources Private Limited
About Fairjet Resources Private Limited
Data last updated:
Fairjet Resources Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 03 June 1988.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1988PTC047589. Its GSTIN is 27AAACF7537Q1Z0 (Maharashtra).
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Room No.12 1st Floor 66 Nanavati Mansion Nakhoda Street Tambakanta, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2017, the company reported a revenue of ₹18,000, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹4,304 (net margin 23.9%) and EBITDA of ₹4,304 (EBITDA margin 23.9%).
As per MCA filings, the company has satisfied charges of ₹25 Lakh on record.
Company details
Contact details
Fairjet Resources Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No.12 1st Floor 66 Nanavati Mansion Nakhoda Street Tambakanta, Mumbai, Maharashtra, India – 400003
- IndustryFinancial Services, Financial Activities
To see the full contact details of Fairjet Resources 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 Fairjet Resources is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Fairjet Resources Private Limited, buy the company report.
Financials of Fairjet Resources Private Limited
FY 2017 filings availableFairjet Resources Private Limited reported revenue of ₹18,000 (down 42% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹18,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4,304 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4,304 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 23.9% | ||
| Net Profit Margin | 23.9% | ||
| 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 Fairjet Resources Private Limited, buy the company report.
Board of directors of Fairjet Resources Private Limited
Fairjet Resources has 3 former directors on record and no current directors listed.
Auditor
Fairjet Resources Private Limited is audited by Hardik S. Vohra and Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hardik S. Vohra and Associates | FY 2017 | 140207W |
Shareholding
The shareholding of Fairjet Resources Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Fairjet Resources Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 1999 | 90151950 | State Bank of India | ₹15 Lakh | Satisfied | |
| 04 Mar 1994 | 90150265 | Bank of Baroda | ₹10 Lakh | Satisfied |
To see the full charge records of Fairjet Resources Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Fairjet Resources Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fairjet Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fairjet Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF7537Q1Z0 | Maharashtra | Active | 01 Oct 2017 |
To see the full GST registrations and return filing status of Fairjet Resources Private Limited, buy the company report.
Recent activity
Fairjet Resources Private Limited has 3 board changes on record since 2009: 0 appointments and 3 cessations. The latest: Rajenderprasad Balbirprasad Jain ceased to be Director on 09 Apr 2018.
Frequently asked questions
Fairjet Resources has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Fairjet Resources was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 03 June 1988 and is registered under CIN U99999MH1988PTC047589. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Fairjet Resources is U99999MH1988PTC047589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fairjet Resources was incorporated on 03 June 1988. It is registered with the Registrar of Companies, Mumbai.
The registered office of Fairjet Resources is at Room No.12 1st Floor 66 Nanavati Mansion Nakhoda Street Tambakanta, Mumbai, Maharashtra, India – 400003.
The latest financial statements of Fairjet Resources on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Fairjet Resources is 27AAACF7537Q1Z0, registered in Maharashtra.
Fairjet Resources operated in the financial services industry, in the financial activities segment.
Rajenderprasad Balbirprasad Jain ceased to be Director on 09 Apr 2018. Varghese Karapunaseril John ceased to be Director on 09 Apr 2018. Awadhut Dwarkanth Gaitonde ceased to be Director on 30 Oct 2009.
Fairjet Resources has no open charges and satisfied charges of ₹25 Lakh as per latest MCA filings.