Karnavati Aviation Private Limited - Company Profile

It is a transport and logistics private limited company based in Ahmedabad, Gujarat, India, established in 2007.
2007 Ahmedabad, Gujarat, India Active
Last Updated:
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About Karnavati Aviation Private Limited

Karnavati Aviation Private Limited, a active private limited company, was established on 11 July 2007 in Ahmedabad, Gujarat, India. Engaging in air charter & private aviation within the transport and storage sector, it holds CIN: U63090GJ2007PTC051309. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹45.00 Cr and a paid-up capital of ₹45.00 Cr.

Formerly known as Gujarat Adani Aviation Private Limited. It upholds a compliant status. Employing 40 professional, Its leadership includes Malay Ramesh Mahadevia (Director), Ashish Rajvanshi (Director), Nirav Dilipbhai Bhatt (Director). Past directors included Abhishek Sinha, Malay Ramesh Mahadevia, Jay Himatlal Shah. It holds no open charges and ₹279.07 Cr settled loans. Its latest AGM occurred on 16 June 2025, with the balance sheet filed on 31 March 2025. It is based at Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway,, Khodiyar,, Ahmedabad, Gujarat, 382421.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U63090GJ2007PTC051309

  • Registration Number

    051309

  • Incorporation Date

    11 July 2007

  • Authorized Capital

    ₹45.00 Cr

  • Paid-Up Capital

    ₹45.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 45.00 Cr
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 279.07 Cr
  • Revenue Growth **** 141.83%
  • Profit Growth **** -49.27%
  • Ebitda **** 107.20%
  • Net Worth 62.84%
  • Total Assets **** 210.61%
Company report

Karnavati Aviation Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Karnavati Aviation Private 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 Karnavati Aviation Private Limited?
Current Directors
Name Designation Appointment Date Status
Malay Ramesh Mahadevia Director 16 Nov 2024 Current
Ashish Rajvanshi Director 16 Nov 2024 Current
Nirav Dilipbhai Bhatt Director 18 Nov 2021 Current
Jaymeen Mahendrabhai Patel Cfo 01 Nov 2025 Current
Saroj Kumar Mohapatra Whole-Time Director 18 Nov 2021 Current
Satwindersing Karamsingh Bhatti Director 11 Jul 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary 07 Sep 2018 Past
Pramod Abcsdd Additional Director 15 Jun 2025 Past
Pramod Abcsdd Director 26 Oct 2018 Past
Pramod Abcsdd Company Secretary 30 Mar 2012 Past
Pramod Abcsdd Additional Director 15 Jun 2025 Past
Pramod Abcsdd Additional Director 21 Jul 2022 Past

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Financial Performance of Karnavati Aviation.

Karnavati Aviation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 141.83% increase. The company also saw a substantial fall in profitability, with a 49.27% decrease in profit. The company's net worth Soared by an impressive increase of 62.84%.

Karnavati Aviation revenue growth over time
Karnavati Aviation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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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 141.83%
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Revenue from Operations
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 142.04%
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*******
*******
Total Assets
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 210.61%
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*******
*******
*******
Profit or Loss
*******
 -49.27%
*******
*******
*******
*******
Net Worth
*******
 62.84%
*******
*******
*******
*******
EBITDA
*******
 107.20%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Karnavati Aviation?

In 2023, Karnavati Aviation 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

₹2,790,730,980.00

Charges Breakdown by Lending Institutions
  • Bank Of America National Association : 117.85 Cr
  • Export Development Canada : 87.23 Cr
  • Yes Bank Limited : 74.00 Cr
Latest Charge Details
Date Lender Amount Status
01 Feb 2013 Bank Of America National Association ₹117.85 Cr Satisfied
28 Oct 2009 Export Development Canada ₹87.23 Cr Satisfied
28 May 2008 Yes Bank Limited ₹74.00 Cr Satisfied

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How Many Employees Work at Karnavati Aviation?

Karnavati Aviation has a workforce of 40 employees as of Mar 31, 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 Karnavati Aviation, 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 Karnavati Aviation'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 Karnavati Aviation
Recent Activity within the Organization
  • Director Appointment

    The activity Jaymeen Mahendrabhai Patel was appointed as a CFO was appointed as a CFO on 01 Nov 2025 & has been associated with this company since 3 months 24 days . was completed.

  • Annual General Meeting

    Karnavati Aviation Private Limited last Annual general meeting of members was held on 16 Jun 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Karnavati Aviation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Director Appointment

    Progress on Malay Ramesh Mahadevia was appointed as a Director was appointed as a Director on 16 Nov 2024 & has been associated with this company since 1 year 3 months . was documented.

  • Director Appointment

    Ashish Rajvanshi was appointed as a Director was appointed as a Director on 16 Nov 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

  • Director Appointment

    The activity Komal Hirenkumar Jain was appointed as a Company Secretary was appointed as a Company Secretary on 13 Oct 2023 & has been associated with this company since 2 years 4 months . was completed.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Karnavati Aviation Private Limited?

The CIN of Karnavati Aviation Private Limited is U63090GJ2007PTC051309.

Where is Karnavati Aviation Private Limited headquartered?

Karnavati Aviation Private Limited is headquartered at Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway,, Khodiyar,, Ahmedabad, Gujarat, 382421.

When was Karnavati Aviation Private Limited incorporated?

Karnavati Aviation Private Limited was incorporated on 11 July 2007.

Who are the current directors of Karnavati Aviation Private Limited?

The current directors of Karnavati Aviation Private Limited are

What is the primary industry of Karnavati Aviation Private Limited?

The primary industry of Karnavati Aviation Private Limited is Transport And Storage.

Is Karnavati Aviation Private Limited a listed company?

Karnavati Aviation Private Limited is unlisted.

What is the capital structure of Karnavati Aviation Private Limited?

The authorized capital of Karnavati Aviation Private Limited is ₹45.00 Cr, and the paid-up capital is ₹45.00 Cr.

What is the compliance status of Karnavati Aviation Private Limited?

The compliance status of Karnavati Aviation Private Limited is Compliant.

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