About Praveg Aviation Private Limited
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Praveg Aviation Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Praveg Communications (India) Limited. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 23 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2012PTC069564. Its GSTIN is 24AAFCB8433J1ZM (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Bard Biotech Private Limited and Praveg Hospitality Private Limited. It is led by directors Vishnukumar Vitthaldas Patel and Bijal Kiran Parikh.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹51,863, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹80,069 (net margin -154.4%) and EBITDA of -₹1.3 Lakh (EBITDA margin -251.3%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 68% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praveg.com.
Company details
Name history
Praveg Aviation has undergone 2 name changes throughout its history. The company was previously known as Bard Biotech Private Limited, and Praveg Hospitality Private Limited. The current legal name is Praveg Aviation Private Limited.
| Company Name | Status |
|---|---|
| Praveg Aviation Private Limited | Current |
| Bard Biotech Private Limited | Previous |
| Praveg Hospitality Private Limited | Previous |
CIN history
Praveg Aviation has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51100GJ2012PTC069564, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100GJ2012PTC069564 | Current |
| U29265GJ2012PTC069564 | Previous |
| U74120GJ2012PTC069564 | Previous |
Contact details
Praveg Aviation Private Limited's registered office is in Ahmedabad, Gujarat. Its website is praveg.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address18th Floor Westport, Opp. Montecristo Banquet, Ahmedabad, Gujarat, India – 380059
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Praveg Aviation 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 Praveg Aviation Private Limited
FY 2025 filings availablePraveg Aviation Private Limited reported revenue of ₹51,863 (down 88% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 88% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹51,863 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹80,069 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -251.3% | ||||
| Net Profit Margin | -154.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Praveg Aviation Private Limited, buy the company report.
Board of directors of Praveg Aviation Private Limited
Praveg Aviation has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnukumar Vitthaldas Patel Also directs: Praveg Limited, Jhaveri Credits and Capital Limited, U R Energy (Solar) Private Limited and 5 more | Director | 01 May 2014 | 12 Years 6 Months | Current |
| Bijal Kiran Parikh Also directs: Praveg Limited, Jhaveri Credits and Capital Limited, U R Energy (Solar) Private Limited and 2 more | Director | 16 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Praveg Aviation Private Limited is audited by B K PATEL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K PATEL & CO | FY 2021 | 112647W |
Shareholding
The shareholding of Praveg Aviation Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Praveg Aviation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Praveg Aviation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Praveg Aviation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Praveg Aviation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCB8433J1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Praveg Aviation Private Limited, buy the company report.
Recent activity
Praveg Aviation Private Limited has 10 board changes on record since 2012: 6 appointments and 4 cessations. The latest: Bijal Kiran Parikh was appointed as Director on 16 Sep 2023.
1 earlier event is in the company report.
News
Frequently asked questions
Praveg Aviation is an active private limited company based in Ahmedabad, Gujarat, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 23 March 2012 (14+ years old) and is registered under CIN U51100GJ2012PTC069564.
Praveg Aviation has 2 current directors:
- Vishnukumar Vitthaldas Patel - Director
- Bijal Kiran Parikh - Director
The latest financial statements of Praveg Aviation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Praveg Aviation is 24AAFCB8433J1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Praveg Aviation is U51100GJ2012PTC069564. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praveg Aviation was incorporated on 23 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bijal Kiran Parikh was appointed as Director on 16 Sep 2023. Paraskumar Maneklal Patel ceased to be Director on 16 Sep 2023. Jagdishkumar Vitthalbhai Patel ceased to be Director on 28 May 2014. Praveg Aviation has 10 board changes on record in total.
Praveg Aviation can be reached through the website praveg.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Praveg Aviation is at 18th Floor Westport, Opp. Montecristo Banquet, Ahmedabad, Gujarat, India – 380059.
Praveg Aviation operates in the transport and logistics industry, in the travel and tour services segment.
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