Jet Lite (India) Limited - Company Profile

It is a transport and logistics public limited company based in Mumbai, Maharashtra, India, established in 1991.
1991 Mumbai, Maharashtra, India Active
Last Updated:
About Jet Lite (India) Limited

Jet Lite (India) Limited, a active public limited company, was established on 20 September 1991 in Mumbai, Maharashtra, India. Engaging in air transport services within the transport and storage sector, it holds CIN: U62100MH1991PLC177728. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1,090.00 Cr and a paid-up capital of ₹796.12 Cr.

Formerly known as Sahara Airlines Limited, Sahara International Airlines Limited. It upholds a active non-compliant status. Employing 615 professional, Its leadership includes Barimar Ashok Kumar (Director), Naresh Jagdishrai Goyal (Director), Gaurang Ananda Shetty (Director). Past directors included Saroj Kumar Datta, Ravichandran Narayan, Barimar Ashok Kumar. It holds no open charges and ₹719.78 Cr settled loans. Its latest AGM occurred on 09 August 2018, with the balance sheet filed on 31 March 2018. It is based at Siroya Centre Sahar Airport Road, Andheri (East), Mumbai, Maharashtra, 400099.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U62100MH1991PLC177728

  • Registration Number

    177728

  • Incorporation Date

    20 September 1991

  • Authorized Capital

    ₹1,090.00 Cr

  • Paid-Up Capital

    ₹796.12 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1,090.00 Cr
  • Paid Up Capital ₹ 796.12 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2018
  • Satisfied Charges ₹ 719.78 Cr
  • Revenue Growth **** 6.34%
  • Profit Growth **** -7.10%
  • Ebitda **** 950.00%
  • Net Worth -21.44%
  • Total Assets **** 59.83%
Company report

Jet Lite (India) Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Jet Lite (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Jet Lite (India) Limited?
Current Directors
Name Designation Appointment Date Status
Barimar Ashok Kumar Director 08 Dec 2014 Current
Naresh Jagdishrai Goyal Director 28 Sep 2007 Current
Gaurang Ananda Shetty Director 20 May 2010 Current
Iftikhar Mustafahasan Kadri Director 11 Jan 2016 Current
Archana Capoor Director 22 Apr 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Manager 30 Sep 2011 Past
Pramod Abcsdd Cfo 22 Apr 2019 Past
Pramod Abcsdd Director 22 Apr 2019 Past
Pramod Abcsdd Director 31 Dec 2007 Past
Pramod Abcsdd Director 30 Jul 2019 Past
Pramod Abcsdd Chief Financial Officer - Past

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Financial Performance of Jet Lite (India).

Jet Lite (India) Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 6.34% increase. The company also saw a slight decrease in profitability, with a 7.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.44%.

Jet Lite (India) revenue growth over time
Jet Lite (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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6.34%
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Revenue from Operations
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6.54%
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Total Assets
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59.83%
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Profit or Loss
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-7.10%
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Net Worth
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-21.44%
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EBITDA
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950.00%
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*******
*******
*******

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What is the Ownership and Shareholding Structure of Jet Lite (India)?

In 2018, Jet Lite (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹7,197,770,050.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 300.00 Cr
  • Andhra Bank : 100.00 Cr
  • Andhrcredit Card Centrea Bank : 100.00 Cr
  • Uco Bank : 60.00 Cr
  • The Bank Of Rajasthan Ltd. : 56.00 Cr
  • Others : 103.78 Cr
Latest Charge Details
Date Lender Amount Status
15 Jan 2008 State Bank Of India ₹300.00 Cr Satisfied
07 Feb 2007 The Bank Of Rajasthan Ltd. ₹24.00 Cr Satisfied
07 Oct 2006 Centurion Bank Of Punjab Ltd ₹10.00 Cr Satisfied
04 Sep 2006 The Bank Of Rajasthan Ltd. ₹24.00 Cr Satisfied
12 May 2006 Centurion Bank Of Punjab Ltd ₹40.00 Cr Satisfied

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How Many Employees Work at Jet Lite (India)?

Jet Lite (India) has a workforce of 615 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jet Lite (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Jet Lite (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Jet Lite (India)
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Jet Lite (India) Limited last Annual general meeting of members was held on 09 Aug 2018 as per latest MCA records. was documented.

  • Balance Sheet

    Jet Lite (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Archana Capoor was appointed as a Director was appointed as a Director on 22 Apr 2016 & has been associated with this company since 9 years 10 months . was documented.

  • Charges

    A charge registered on 15 Jan 2008 via Charge ID 10106420 with State Bank Of India was fully satisfied on 22 Mar 2016. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 20 Jan 2006 via Charge ID 80028911 with Wells Fargo Bank Northwest, N.A., Not In Its Individual Capacity But Solely As Owner Trustee was fully satisfied on 28 Jan 2016. was documented.

  • Charges

    The activity A charge registered on 07 Feb 2007 via Charge ID 10040112 with The Bank Of Rajasthan Ltd. was fully satisfied on 13 Jan 2016. was completed.

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Frequently Asked Questions
What is the CIN of Jet Lite (India) Limited?

The CIN of Jet Lite (India) Limited is U62100MH1991PLC177728.

Where is Jet Lite (India) Limited headquartered?

Jet Lite (India) Limited is headquartered at Siroya Centre Sahar Airport Road, Andheri (East), Mumbai, Maharashtra, 400099.

When was Jet Lite (India) Limited incorporated?

Jet Lite (India) Limited was incorporated on 20 September 1991.

Who are the current directors of Jet Lite (India) Limited?
What is the primary industry of Jet Lite (India) Limited?

The primary industry of Jet Lite (India) Limited is Transport And Storage.

Is Jet Lite (India) Limited a listed company?

Jet Lite (India) Limited is unlisted.

What is the capital structure of Jet Lite (India) Limited?

The authorized capital of Jet Lite (India) Limited is ₹1,090.00 Cr, and the paid-up capital is ₹796.12 Cr.

What is the compliance status of Jet Lite (India) Limited?

The compliance status of Jet Lite (India) Limited is Active Non-Compliant.

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