About Joy Jets Private Limited
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Joy Jets Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the air transport services segment of the transport and logistics sector. It was incorporated on 19 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U62200KL2009PTC024350. Its GSTIN is 32AACCJ1823F1Z5 (Kerala).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.61 Cr. It was formerly known as Joy Jets Limited and Jyothi Habitat and Developers (India) Private Limited. It is led by directors including Alukkas Varghese Joy (Managing Director) and George Kattookaran Jacob.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thrissur, Kerala.
As per the financials filed for FY 2023, the company reported a revenue of ₹73,000, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹9.95 Lakh and EBITDA of -₹10.4 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 67% over five years.
As per MCA filings, the company has satisfied charges of ₹7.3 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website joyjetsindia.com.
Company details
Name history
Joy Jets has undergone 4 name changes throughout its history. The current legal name is Joy Jets Private Limited.
| Company Name | Status |
|---|---|
| Joy Jets Private Limited | Current |
| Joy Jets Limited | Previous |
| Jyothi Habitat And Developers (India) Private Limited | Previous |
| Jyothi Aviation And Developers Limited | Previous |
| Jyothi Aviation And Developers Private Limited | Previous |
CIN history
Joy Jets has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U62200KL2009PTC024350, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62200KL2009PTC024350 | Current |
| U62200KL2009PLC024350 | Previous |
| U45200KL2009PTC024350 | Previous |
Contact details
Joy Jets Private Limited's registered office is in Thrissur, Kerala. Its website is joyjetsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No.26/598 (New No.12/3035) Kollannur Devassy Smarak Building Round, East, Thrissur, Kerala, India – 680001
- IndustryTransport and Logistics, Air Transport Services
To see the full contact details of Joy Jets 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
Financials of Joy Jets Private Limited
FY 2024 filings availableJoy Jets Private Limited reported revenue of ₹73,000 (down 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years, including a 5% fall 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 | ₹73,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.95 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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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 | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Joy Jets Private Limited, buy the company report.
Board of directors of Joy Jets Private Limited
Joy Jets has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Kattookaran Jacob Also directs: Lionel Jewellery Private Limited, Dalia Hotels and Resorts Private Limited, Masaaki Developers Private Limited and 5 more | Director | 18 Oct 2021 | 5 Years 0 Months | Current |
| Jeejo Simon Pathadan Also directs: Avj Properties Private Limited, Masaaki Developers Private Limited, Sarayu Developers Private Limited and 2 more | Director | 29 Jan 2024 | 2 Years 8 Months | Current |
| Alukkas Varghese Joy Also directs: Joyalukkas India Limited, Lionel Jewellery Private Limited, Redrose Designer Wear Private Limited and 5 more | Managing Director | 19 Jun 2009 | 17 Years 4 Months | Current |
Auditor
Joy Jets Private Limited is audited by C I FRANCIS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C I FRANCIS | FY 2023 | 204086 |
Shareholding
The shareholding of Joy Jets 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 Joy Jets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2011 | 10279216 | Yes Bank Limited | ₹7.3 Cr | Satisfied |
To see the full charge records of Joy Jets Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Joy Jets Private Limited has 1 court case on record: 1 filed by Joy Jets. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (AR) | Filed by the company against M/S. Chipsan Aviation (P) Ltd | Disposed |
To see the full case history of Joy Jets 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 Joy Jets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Joy Jets has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCJ1823F1Z5 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Joy Jets Private Limited, buy the company report.
Recent activity
Joy Jets Private Limited has 12 board changes on record since 2009: 3 appointments and 9 cessations. The latest: Jeejo Simon Pathadan ceased to be Additional Director on 22 Sep 2024.
6 earlier events are in the company report.
Frequently asked questions
Joy Jets is an active private limited company based in Thrissur, Kerala, India. The company works in air transport services, within the transport and logistics industry. It was incorporated on 19 June 2009 (17+ years old) and is registered under CIN U62200KL2009PTC024350.
Joy Jets has 3 current directors:
- Alukkas Varghese Joy - Managing Director
- George Kattookaran Jacob - Director
- Jeejo Simon Pathadan - Director
The latest financial statements of Joy Jets on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Joy Jets is 32AACCJ1823F1Z5, registered in Kerala.
The CIN (Corporate Identification Number) of Joy Jets is U62200KL2009PTC024350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joy Jets has 1 court case on record: 1 filed by the company.
Joy Jets was incorporated on 19 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ernakulam.
Jeejo Simon Pathadan ceased to be Additional Director on 22 Sep 2024. Jeejo Simon Pathadan was appointed as Director on 29 Jan 2024. George Kattookaran Jacob ceased to be Additional Director on 12 Sep 2022. Joy Jets has 12 board changes on record in total.
Joy Jets can be reached through the website joyjetsindia.com. Its registered office is in Thrissur, Kerala, India.
The registered office of Joy Jets is at Door No.26598 New No.123035 Kollannur Devassy Smarak Building Round, East, Thrissur, Kerala, India – 680001.