About Indiabulls Condominiums Limited
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Indiabulls Condominiums Limited is a public limited company based in Haryana, India, a subsidiary of Indiabulls Integrated Services Limited. It operates in the air transportation segment of the aviation sector. It was incorporated on 20 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U68200HR2007PLC116169. Its GSTIN is 27AAGCA4214K1ZR (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Airmid Aviation Services Private Limited. It is led by directors including Shamsher Singh Ahlawat and Prem Prakash Mirdha.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th Floor Plot No. 108 IT Park, Udyog Vihar Phase 1, Haryana, India – 122016.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.18 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹1.1 Cr (net margin -405.8%) and EBITDA of -₹13.61 Lakh (EBITDA margin -50.1%).
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹947.74 Cr on record. Court records list 17 cases involving the company, including 14 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aircharterguide.com.
Company details
Name history
Indiabulls Condominiums has undergone 2 name changes throughout its history. The company was previously known as Airmid Aviation Services Private Limited, and Indiabulls Condominiums Limited. The current legal name is Indiabulls Condominiums Limited.
| Company Name | Status |
|---|---|
| Indiabulls Condominiums Limited | Current |
| Airmid Aviation Services Private Limited | Previous |
CIN history
Indiabulls Condominiums has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U68200HR2007PLC116169, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68200HR2007PLC116169 | Current |
| U62200DL2007PLC166080 | Previous |
| U62200DL2007PTC166080 | Previous |
| U77301DL2007PLC166080 | Previous |
| U77301HR2007PLC116169 | Previous |
Contact details
Indiabulls Condominiums Limited's registered office is in Haryana.
- Social Media
- Registered Address5th Floor Plot No. 108 IT Park, Udyog Vihar Phase 1, Haryana, India – 122016
- IndustryAviation, Air Transportation
- 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 Indiabulls Condominiums is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Indiabulls Condominiums Limited, buy the company report.
Financials of Indiabulls Condominiums Limited
FY 2025 filings availableIndiabulls Condominiums Limited reported revenue of ₹27.18 Lakh (down 91% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year. EBITDA rose 77% in the latest 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 |
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| EBITDA | -₹13.61 Lakh | ||||
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| Net Profit (PAT) | -₹1.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -50.1% | ||||
| Net Profit Margin | -405.8% | ||||
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To see the full financial statements and ratios of Indiabulls Condominiums Limited, buy the company report.
Board of directors of Indiabulls Condominiums Limited
Indiabulls Condominiums has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shamsher Singh Ahlawat Also directs: Indiabulls Pharmacare Limited | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Prem Prakash Mirdha | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Anil Kumar | Director | 10 Jun 2025 | 1 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2020 | 100384803 | Idbi Trusteeship Services Limited | ₹300 Cr | Satisfied | |
| 23 Sep 2015 | 10595489 | Yes Bank Limited | ₹245 Cr | Satisfied | |
| 07 Apr 2015 | 10562486 | Others | ₹135 Cr | Satisfied | |
| 30 Dec 2014 | 10546080 | Rbl Bank Limited | ₹100 Cr | Satisfied | |
| 10 Aug 2010 | 10233027 | Axis Bank Limited | ₹93.53 Cr | Satisfied |
To see the full charge records of Indiabulls Condominiums Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Indiabulls Condominiums Limited has 17 court cases on record: 14 filed by Indiabulls Condominiums, 3 filed against it. 3 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 1 |
| High courts | 5 | 1 | 2 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Orissa Stevedores Limited | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Flytech Aviation | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax Central 3 | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Indiabulls Condominiums 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 Indiabulls Condominiums Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indiabulls Condominiums has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA4214K1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indiabulls Condominiums Limited, buy the company report.
Recent activity
Indiabulls Condominiums Limited has 20 board changes on record since 2008: 3 appointments and 17 cessations. The latest: Anil Kumar ceased to be Additional Director on 21 Sep 2025.
24 earlier events are in the company report.
Frequently asked questions
Indiabulls Condominiums is an active public limited company based in Haryana, India. The company works in air transportation, within the aviation industry. It was incorporated on 20 July 2007 (19+ years old) and is registered under CIN U68200HR2007PLC116169.
Indiabulls Condominiums has 3 current directors:
- Shamsher Singh Ahlawat - Director
- Prem Prakash Mirdha - Director
- Anil Kumar - Director
The latest financial statements of Indiabulls Condominiums on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indiabulls Condominiums is 27AAGCA4214K1ZR, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Indiabulls Condominiums is U68200HR2007PLC116169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indiabulls Condominiums has 17 court cases on record: 14 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Indiabulls Condominiums was incorporated on 20 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Anil Kumar ceased to be Additional Director on 21 Sep 2025. Anil Kumar was appointed as Director on 10 Jun 2025. Vinay Kumar Singh ceased to be Additional Director on 29 Sep 2022. Indiabulls Condominiums has 20 board changes on record in total.
Indiabulls Condominiums can be reached through the website aircharterguide.com. Its registered office is in Haryana, India.
The registered office of Indiabulls Condominiums is at 5th Floor Plot No. 108 IT Park, Udyog Vihar Phase 1, Haryana, India – 122016.