MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0221171
Heligo Charters Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹304.77 Cr
▲ 19% YoY
Net profit · FY 2024
₹17.3 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹6.91 Cr
EBITDA margin 2.3%
Authorised capital
₹89 Cr
Registered with MCA
Paid-up capital
₹61.91 Cr
Issued & subscribed
Open charges
₹193.13 Cr
Satisfied ₹4.5 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
196
Provident fund records
About Heligo Charters Private Limited
Data last updated:
Heligo Charters Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 08 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62200MH2007PTC172961. Its GSTIN is 27AABCH8997B1ZA (Maharashtra).
The company has an authorised share capital of ₹89 Cr and a paid-up capital of ₹61.91 Cr. It is led by directors including Nayan Jagjivan and Raghu Rama Chandra Reddy Are.
Its last annual general meeting (AGM) was held on 23 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hangar No.3A Juhu Airport S.V.Road Vile Parle (W), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2024, the company reported a revenue of ₹304.77 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹17.3 Lakh (net margin 0.1%) and EBITDA of ₹6.91 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 9% over five years.
The company has about 196 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Heligo Charters. As per MCA filings, the company has open charges of ₹193.13 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 39 cases involving the company, including 25 filed by the company and 14 filed against it; 15 cases are pending. The company has 13 deals on record (8 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹90.51 Cr; the latest was in June 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 Jetsetgo Aviation Services Private Limited with revenue of ₹352 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier.
Heligo Charters Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0221171). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heligo.in.
Company details
CIN U62200MH2007PTC172961
Registration Number 172961
Incorporation Date 08 August 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0221171
Key People
Nayan Jagjivan Director Prabhakar Reddy Yeruva Additional Director Raghu Rama Chandra Reddy Are Director Recognitions & Rankings of Heligo Charters
Contact details
Heligo Charters Private Limited's registered office is in Mumbai, Maharashtra. Its website is heligo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHangar No.3A Juhu Airport S.V.Road Vile Parle (W), Mumbai, Maharashtra, India – 400056
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Heligo Charters Private Limited, buy the company report.
Comprehensive company report
Heligo Charters 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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Brands
Heligo Charters operates one associated brand: Heligo Charters. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offshore helicopter services for the Oil and Gas industry in India, operated by experienced aviation professionals. | heligo.in |
Business activity
The main business activity of Heligo Charters 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 Heligo Charters Private Limited, buy the company report.
Financials of Heligo Charters Private Limited
FY 2024 filings availableHeligo Charters Private Limited reported revenue of ₹304.77 Cr (up 19% YoY) for FY 2024.
Revenue · FY 2024
₹304.77 Cr ▲ 19%
Net profit · FY 2024
₹17.3 Lakh margin 0.1%
EBITDA · FY 2024
₹6.91 Cr margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 25%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 8%
5 years · compounded
▼ 18%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 19% growth in the latest year. EBITDA fell 26% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹6.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.3 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Heligo Charters Private Limited, buy the company report.
Board of directors of Heligo Charters Private Limited
Heligo Charters has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nayan Jagjivan | Director | 20 Jul 2011 | 15 Years 3 Months | Current |
| Prabhakar Reddy Yeruva Also directs: Rajiv Gandhi Aviation Academy LLP, Chamundi Textiles (Silk Mills) Limited, JV Gokal Mining Private Limited and 5 more | Additional Director | 08 Nov 2025 | 0 Years 11 Months | Current |
| Raghu Rama Chandra Reddy Are Also directs: O S S Air Management Private Limited | Director | 11 Aug 2023 | 3 Years 2 Months | Current |
| Vineet Malhotra | Director | 05 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Heligo Charters 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 |
|---|---|---|---|---|---|---|
| Jetsetgo Aviation Services Private Limited | ₹352 Cr (FY 2025) | 1.0% | Delhi, India | |||
| Aircab Aviation Private Limited | ₹332.76 Cr (FY 2025) | 103.0% | New Delhi, Delhi, India | |||
| Karnavati Aviation Private Limited | ₹311.36 Cr (FY 2025) | 39.0% | Ahmedabad, Gujarat, India | |||
| Irm Private Limited | ₹307.16 Cr (FY 2025) | -2.0% | Ahmedabad, Gujarat, India | |||
| Acs Air Charter Service India Private Limited | ₹305.13 Cr (FY 2025) | 78.0% | Mumbai, Maharashtra, India | |||
| Heligo Charters Private Limitedthis company | ₹304.77 Cr (FY 2024) | ₹17.3 Lakh | 0.1% | 19.0% | 196 | Mumbai, Maharashtra, India |
| Indo Pacific Aviation Private Limited | ₹290.77 Cr (FY 2025) | 2.0% | Delhi, India | |||
| Mab Aviation Private Limited | ₹244.12 Cr (FY 2025) | 429.0% | Mumbai, Maharashtra, India | |||
| Redbird Airways Private Limited | ₹227.87 Cr (FY 2025) | 114.0% | New Delhi, Delhi, India |
To see the full peer comparison of Heligo Charters Private Limited, buy the company report.
Auditor
Heligo Charters Private Limited is audited by NANGIA & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANGIA & CO. LLP | FY 2023 | 002391C |
Shareholding
The shareholding of Heligo Charters 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 Heligo Charters Private Limited, buy the company report.
Charges & borrowings
Open charges
₹193.13 Cr
Satisfied charges
₹4.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2024 | 100937862 | Others | ₹65.1 Cr | Open | |
| 09 Nov 2017 | 100143401 | Others | ₹15.5 Cr | Open | |
| 10 Nov 2014 | 10532154 | Union Bank of India | ₹10 Cr | Open | |
| 19 Jun 2013 | 10440082 | Union Bank of India | ₹7.5 Cr | Open | |
| 19 Jun 2013 | 10441096 | Union Bank of India | ₹20.15 Cr | Open |
To see the full charge records of Heligo Charters Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Heligo Charters Private Limited has 13 deals on record (8 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹90.51 Cr; the latest was in June 2024.
Total deals
13
Funding rounds
8
Secondary share transfers
3
Rights issue
1
Acquisition
1
Disclosed funding
₹90.51 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Funding round | ₹14.29 Cr | Investors: an individual |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Odyssey Capital Private Limited |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Odyssey Capital Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Odyssey Capital Private Limited Seller: Yatish Trading Company Pvt Ltd |
| Oct 2010 | Funding round | ₹31 Cr | Investors: Yatish Trading Company Pvt Ltd , an individual |
To see the full deal history of Heligo Charters 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
Heligo Charters Private Limited has 39 court cases on record: 25 filed by Heligo Charters, 14 filed against it. 15 cases are pending and 24 are disposed.
Total cases
39
Filed by the company
25
Filed against the company
14
Pending
15
Disposed
24
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 2 | 8 |
| High courts | 13 | 5 | 3 |
| NCLAT | 5 | 5 | 4 |
| Supreme Court | 4 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Indo Copters Private Limited and 1 other | Pending |
| High Court, TAMIL NADU | Arbitration matter | Filed by the company against Hindustan Oil Exploration Company Limited and 1 other | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed by the company against Dhillon Aviation Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against Indo Copters Pvt Ltd and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Aryan Aviation Pvt. Ltd. and 2 others | Disposed |
To see the full case history of Heligo Charters 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.
Credit ratings & regulatory alerts
Heligo Charters Private Limited was last rated by Care on 25 Sep 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Sep 2025 |
To see the full credit ratings and regulatory alerts of Heligo Charters Private Limited, buy the company report.
MSME payment delays
Heligo Charters Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Heligo Charters Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Heligo Charters Private Limited has a workforce of 196 employees on its EPFO records as of Oct 19, 2024, across 1 active EPFO establishment.
Employee count
196
Active EPFO establishments
1
Employee growth
35.17%
GST
Heligo Charters has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH8997B1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Heligo Charters Private Limited, buy the company report.
Recent activity
Heligo Charters Private Limited has 14 board changes on record since 2007: 9 appointments and 5 cessations. The latest: Prabhakar Reddy Yeruva was appointed as Additional Director on 08 Nov 2025.
Appointed
Prabhakar Reddy Yeruva was appointed as Additional Director.
AGM
Heligo Charters Private Limited last Annual general meeting of members was held on 23 Dec 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 65.10 Cr with Charge ID 100937862 was registered on 14 Jun 2024.
Filing
Heligo Charters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Appointed
Raghu Rama Chandra Reddy Are was appointed as Director.
Ceased
Abhijeet Guha Roy ceased to be Director.
Appointed
Vineet Malhotra was appointed as Director.
Ceased
Ashok Gangadhar Tamhane ceased to be Director.
Appointed
Abhijeet Guha Roy was appointed as Director.
Charges
A charge with Others amounted to Rs. 15.50 Cr with Charge ID 100143401 was registered on 09 Nov 2017.
Charges
A charge with Union Bank Of India amounted to Rs. 10.00 Cr with Charge ID 10532154 was registered on 10 Nov 2014.
Charges
A charge with Union Bank Of India of Rs. 7.50 Cr registered on 19 Jun 2013 with Charge ID 10440082 was modified on 10 Nov 2014.
16 earlier events are in the company report.
Frequently asked questions
Heligo Charters is an active private limited company based in Mumbai, Maharashtra, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 08 August 2007 (19+ years old) and is registered under CIN U62200MH2007PTC172961.
Heligo Charters has 4 current directors:
- Nayan Jagjivan - Director
- Prabhakar Reddy Yeruva - Additional Director
- Raghu Rama Chandra Reddy Are - Director
- Vineet Malhotra - Director
The latest financial statements of Heligo Charters on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Heligo Charters is 27AABCH8997B1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Heligo Charters is U62200MH2007PTC172961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heligo Charters has 39 court cases on record: 25 filed by the company and 14 filed against it. 15 are pending. Most are in the district courts.
Heligo Charters was incorporated on 08 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Heligo Charters has 13 deals on record (8 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹90.51 Cr; the latest was in June 2024.
The peers of Heligo Charters by revenue are Jetsetgo Aviation Services Private Limited, Aircab Aviation Private Limited, Karnavati Aviation Private Limited, Irm Private Limited, Acs Air Charter Service India Private Limited and 3 more, all in the Aviation industry (Charter Services), with the same principal business activity (air transport).
Prabhakar Reddy Yeruva was appointed as Additional Director on 08 Nov 2025. Raghu Rama Chandra Reddy Are was appointed as Director on 11 Aug 2023. Abhijeet Guha Roy ceased to be Director on 05 Jun 2023. Heligo Charters has 14 board changes on record in total.
Yes, Heligo Charters is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0221171).
Heligo Charters has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 01 May 2024.