About Forum I Aviation Private Limited
Data last updated:
Forum I Aviation Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 28 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U62200DL2004PTC131655. Its GSTIN is 07AAACF9030C1Z3 (Delhi).
The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹37.44 Cr. It was formerly known as Forum I Aviation Limited. It is led by directors including Yogesh Goenka and Sudhir S Rajeshirke.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 505 G5 Building Igi Airport Opp. Domestic Airport Arrival Terminal, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.62 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.75 Cr (net margin 8.2%) and EBITDA of ₹4.91 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 7% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Forum1 Aviation. As per MCA filings, the company has satisfied charges of ₹50 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 13 deals on record (11 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹10.85 Cr; the latest was in February 2024. Its 8 peer companies in the Aviation industry (Charter Services), with the same principal business activity (air transport) are compared by revenue, 5 larger and 3 smaller; the largest is Aviation Connectivity and Infrastructure Developers Private Limited with revenue of ₹43.34 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forum1aviation.net.
Company details
CIN history
Forum I Aviation has one previous CIN (Corporate Identification Number): U62200DL2004PLC131655. The current CIN is U62200DL2004PTC131655, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62200DL2004PTC131655 | Current |
| U62200DL2004PLC131655 | Previous |
Contact details
Forum I Aviation Private Limited's registered office is in New Delhi, Delhi. Its website is forum1aviation.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address505 G5 Building Igi Airport Opp. Domestic Airport Arrival Terminal, New Delhi, Delhi, India – 110037
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Forum I 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
Brands
Forum I Aviation operates one associated brand: Forum1 Aviation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aviation services are provided by Forum1 Aviation globally. | forum1aviation.net |
Business activity
The main business activity of Forum I 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 |
To see the full business activity and turnover split of Forum I Aviation Private Limited, buy the company report.
Financials of Forum I Aviation Private Limited
FY 2025 filings availableForum I Aviation Private Limited reported revenue of ₹33.62 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 23% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.75 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 8.2% | ||||
| 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 Forum I Aviation Private Limited, buy the company report.
Board of directors and KMP of Forum I Aviation Private Limited
Forum I Aviation Private Limited currently reports 3 directors and 1 key managerial person. 25 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Goenka | Director | 30 Oct 2018 | 7 Years 11 Months | Current |
| Sudhir S Rajeshirke Also directs: Aviance Air Services & Technlogies (OPC) Private Limited | Director | 11 Jul 2025 | 1 Years 3 Months | Current |
| Kavita Gupta Also directs: Quantaiglobal India Private Limited | Company Secretary | 01 Feb 2024 | 2 Years 8 Months | Current |
| Abhay Kumar Agarwal Also directs: Lite Bite Foods Private Limited, Ratna Commercial Enterprises Private Ltd., Gyan Enterprises Private Limited and 5 more | Director | 29 Mar 2024 | 2 Years 6 Months | Current |
Peer comparison
Forum I Aviation Private Limited is compared with the 8 companies closest to it by revenue in the Aviation industry (Charter Services), with the same principal business activity (air transport), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aviation Connectivity and Infrastructure Developers Private Limited | ₹43.34 Cr (FY 2025) | 824.0% | New Delhi, Delhi, India | |||
| Aryan Aviation Private Limited | ₹39.04 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Ventura Airconnect Limited | ₹38.92 Cr (FY 2025) | 27.0% | Surat, Gujarat, India | |||
| Powerfly Aviation Services Private Limited | ₹37.53 Cr (FY 2024) | 56.0% | Bangalore, Karnataka, India | |||
| Flysbs Aviation Limited | ₹34.34 Cr (FY 2023) | 24.0% | Chennai, Tamil Nadu, India | |||
| Forum I Aviation Private Limitedthis company | ₹33.62 Cr (FY 2025) | ₹2.75 Cr | 8.2% | 23.0% | 22 | New Delhi, Delhi, India |
| Airborne Charters India Private Limited | ₹31.52 Cr (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| Madurai Trans Carrier Limited | ₹30.47 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Airdriven Aviation Private Limited | ₹29.13 Cr (FY 2022) | 1584.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Forum I Aviation Private Limited, buy the company report.
Auditor
Forum I Aviation Private Limited is audited by V Sahai Tripathi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V Sahai Tripathi & Co. | FY 2023 | 000262N |
Shareholding
The shareholding of Forum I Aviation 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 Forum I Aviation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2008 | 10110295 | Hdfc Bank Limited | ₹50 Cr | Satisfied |
To see the full charge records of Forum I Aviation Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Forum I Aviation Private Limited has 13 deals on record (11 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹10.85 Cr; the latest was in February 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Jubilant Infrastructure Limited Seller: Max Ateev Limited |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Northern Aromatics Private Limited. Seller: Max Ateev Limited |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: National Engineering Industries Limited Seller: Max Ateev Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Max Ateev Limited Seller: Pharmax Corporation Ltd |
| May 2016 | Secondary share transfer | Undisclosed | Buyer: National Engineering Industries Limited Seller: Gmmco Ltd |
To see the full deal history of Forum I 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
Forum I Aviation Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0433-Indirect Taxes Matters : Appeals u/s 35 L of Central Excise and Salt Act, 1944.) | Filed against the company by Commissioner of Service Tax Delhi I MG Marg Ip Estate 17 B Iaea House , District: Delhi , , Delhi | Disposed |
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed against the company by an individual | Disposed |
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed against the company by an individual | Disposed |
To see the full case history of Forum I 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 Forum I Aviation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Forum I Aviation Private Limited has a workforce of 22 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Forum I Aviation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACF9030C1Z3 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forum I Aviation Private Limited, buy the company report.
Recent activity
Forum I Aviation Private Limited has 23 board changes on record since 2007: 4 appointments and 19 cessations. The latest: Sudhir S Rajeshirke ceased to be Additional Director on 23 Sep 2025.
16 earlier events are in the company report.
Frequently asked questions
Forum I Aviation is an active private limited company based in New Delhi, Delhi, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 28 December 2004 (22+ years old) and is registered under CIN U62200DL2004PTC131655.
Forum I Aviation has 4 current directors and KMP:
- Yogesh Goenka - Director
- Sudhir S Rajeshirke - Director
- Abhay Kumar Agarwal - Director
- Kavita Gupta - Company Secretary
The latest financial statements of Forum I Aviation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Forum I Aviation is 07AAACF9030C1Z3, registered in Delhi.
The CIN (Corporate Identification Number) of Forum I Aviation is U62200DL2004PTC131655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forum I Aviation has 3 court cases on record: 3 filed against it. Most are in the district courts.
Forum I Aviation was incorporated on 28 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Forum I Aviation has 13 deals on record (11 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹10.85 Cr; the latest was in February 2024.
The peers of Forum I Aviation by revenue are Aviation Connectivity and Infrastructure Developers Private Limited, Aryan Aviation Private Limited, Ventura Airconnect Limited, Powerfly Aviation Services Private Limited, Flysbs Aviation Limited and 3 more, all in the Aviation industry (Charter Services), with the same principal business activity (air transport).
Sudhir S Rajeshirke ceased to be Additional Director on 23 Sep 2025. Sudhir S Rajeshirke was appointed as Director on 11 Jul 2025. Abhay Kumar Agarwal ceased to be Additional Director on 29 Sep 2024. Forum I Aviation has 23 board changes on record in total.
Forum I Aviation can be reached through the website forum1aviation.net. Its registered office is in New Delhi, Delhi, India.