About Jetair Private Limited
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Jetair Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the business process outsourcing sector. It was incorporated on 19 July 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1974PTC007361. Its GSTIN is 07AAACJ0121C2ZG (Delhi). The company holds 29 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹20.6 Cr and a paid-up capital of ₹2.99 Cr. It was formerly known as Jet Air Transportation Private Limited. It is led by directors Vishwanathan Kuppuswamy and Samir Dhondiram Patil.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jetair House 13 Community Center Yusuf Sarai, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2023, the company reported a revenue of ₹31.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.8 Cr (net margin 12.2%) and EBITDA of ₹6.49 Cr (EBITDA margin 20.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 19% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.12 Cr and satisfied charges of ₹448.93 Cr on record. Court records list 81 cases involving the company, including 53 filed by the company and 28 filed against it; 9 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in February 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jetair.co.in.
Company details
Contact details
Jetair Private Limited's registered office is in New Delhi, Delhi. Its website is jetair.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJetair House 13 Community Center Yusuf Sarai, New Delhi, Delhi, India – 110049
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Jetair 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
Business activity
The main business activity of Jetair is support service to organizations. 4 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators | |
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Jetair Private Limited, buy the company report.
Financials of Jetair Private Limited
FY 2025 filings availableJetair Private Limited reported revenue of ₹31.18 Cr (up 368% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 368% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 262% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.8 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.8% | ||||
| Net Profit Margin | 12.2% | ||||
| 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 Jetair Private Limited, buy the company report.
Board of directors of Jetair Private Limited
Jetair has 2 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanathan Kuppuswamy | Director | 17 Feb 2022 | 4 Years 8 Months | Current |
| Samir Dhondiram Patil | Director | 14 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Jetair Private Limited is audited by Paresh Rakesh & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Paresh Rakesh & Associates LLP | FY 2023 | 119728W/W100743 |
Shareholding
The shareholding of Jetair 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 Jetair Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2019 | 100304663 | Axis Bank Limited | ₹5 Lakh | Open | |
| 01 Jun 1987 | 90056108 | American Express Bank Ltd | ₹2 Cr | Open | |
| 15 Oct 1983 | 90232606 | Syndicate Bank | ₹5 Lakh | Open | |
| 15 Oct 1983 | 90233214 | Syndicate Bank | ₹2 Lakh | Open | |
| 31 Jan 2019 | 100240962 | State Bank of India | ₹225 Cr | Satisfied |
To see the full charge records of Jetair Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Jetair Private Limited has 5 deals on record (5 secondary share transfers); the latest was in February 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: National Travel Service & Naresh Goyal Family Trust Seller: an individual |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: Naresh Goyal Family Trust Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: France Air Private Limited , an individual Seller: 2 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jetair Private Limited has 81 court cases on record: 53 filed by Jetair, 28 filed against it. 9 cases are pending and 72 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 11 | 5 |
| High courts | 38 | 16 | 4 |
| Supreme Court | 3 | 1 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 81)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (FAT) | Filed against the company by Blue Bird Media Systems Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M-S Enicar Logistics Pvt. Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Clarion Logistics India Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Ms Enicar Logistics Pvt Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against Shivam Airways Pvt Ltd Anr. | Disposed |
To see the full case history of Jetair 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 Jetair Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Jetair has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Jetair Private Limited has a workforce of 8 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Jetair has 29 GST registrations: 11 active and 18 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACJ0121C2ZG | Delhi | Active | 27 Jul 2017 |
| 07AAACJ0121C4ZE | Delhi | Active | 23 Feb 2024 |
| 27AAACJ0121C2ZE | Maharashtra | Active | 04 Jul 2017 |
| 29AAACJ0121C2ZA | Karnataka | Active | 04 Jul 2017 |
To see the full GST registrations and return filing status of Jetair Private Limited, buy the company report.
Recent activity
Jetair Private Limited has 20 board changes on record since 2010: 2 appointments and 18 cessations. The latest: Samir Dhondiram Patil ceased to be Additional Director on 01 Dec 2024.
63 earlier events are in the company report.
Frequently asked questions
Jetair is an active private limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 19 July 1974 (52+ years old) and is registered under CIN U74899DL1974PTC007361.
Jetair has 2 current directors:
- Vishwanathan Kuppuswamy - Director
- Samir Dhondiram Patil - Director
The latest financial statements of Jetair on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jetair is 07AAACJ0121C2ZG, registered in Delhi. The company has 29 GST registrations in all, of which 11 are active and 18 are cancelled or inactive. Other active GSTINs include 07AAACJ0121C4ZE (Delhi), 27AAACJ0121C2ZE (Maharashtra), 29AAACJ0121C2ZA (Karnataka).
The CIN (Corporate Identification Number) of Jetair is U74899DL1974PTC007361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jetair has 81 court cases on record: 53 filed by the company and 28 filed against it. 9 are pending. Most are in the district courts.
Jetair was incorporated on 19 July 1974, making it 52+ years old. It is registered with the Registrar of Companies, Delhi.
Jetair has 5 deals on record (5 secondary share transfers); the latest was in February 2023.
Samir Dhondiram Patil ceased to be Additional Director on 01 Dec 2024. Samir Dhondiram Patil was appointed as Director on 14 Nov 2024. Uday Vinodchandra Shah ceased to be Additional Director on 14 Nov 2024. Jetair has 20 board changes on record in total.
Jetair can be reached through the website jetair.co.in. Its registered office is in New Delhi, Delhi, India.
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