MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-01-0006249
Quasar Airlines Private Limited - transport and logistics in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹42.07 Lakh
▲ 3% YoY
Net profit · FY 2025
₹1.44 Lakh
Net margin 3.4%
EBITDA · FY 2025
₹37.05 Lakh
EBITDA margin 88.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹10.17 Cr
Satisfied ₹5.23 Cr
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Quasar Airlines Private Limited
Data last updated:
Quasar Airlines Private Limited is a private limited company based in Delhi, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 19 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U62200DL2007PTC171635. Its GSTIN is 07AAACQ2140A1Z7 (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Quasars Entertainment Private Limited. It is led by directors Rajiv Gambhir and Vibha Gambhir.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 6 Dda Market Pandav Nagar Near Jankidas Hospital Naraina Road, Delhi, India – 110008.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.07 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Lakh (net margin 3.4%) and EBITDA of ₹37.05 Lakh (EBITDA margin 88.1%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹10.17 Cr and satisfied charges of ₹5.23 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 4 cases are pending.
Quasar Airlines Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0006249). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quasarairlines.com.
Company details
CIN U62200DL2007PTC171635
Registration Number 171635
Incorporation Date 19 December 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-01-0006249
CIN history
Quasar Airlines has one previous CIN (Corporate Identification Number): U74900DL2007PTC171635. The current CIN is U62200DL2007PTC171635, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62200DL2007PTC171635 | Current |
| U74900DL2007PTC171635 | Previous |
Key People
Rajiv Gambhir Director Vibha Gambhir Director Recognitions & Rankings of Quasar Airlines
Contact details
Quasar Airlines Private Limited's registered office is in Delhi, Delhi. Its website is quasarairlines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 6 Dda Market Pandav Nagar Near Jankidas Hospital Naraina Road, Delhi, India – 110008
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Quasar Airlines Private Limited, buy the company report.
Comprehensive company report
Quasar Airlines Private Limited - one report that includes everything
- 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
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Financials of Quasar Airlines Private Limited
FY 2024 filings availableQuasar Airlines Private Limited reported revenue of ₹42.07 Lakh (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹42.07 Lakh ▲ 3%
Net profit · FY 2025
₹1.44 Lakh margin 3.4%
EBITDA · FY 2025
₹37.05 Lakh margin 88.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 42%
5 years · compounded
▲ 22%
EBITDA CAGR growth
3 years · compounded
▼ 33%
5 years · compounded
▲ 144%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 3% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹37.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.44 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.1% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Quasar Airlines Private Limited, buy the company report.
Board of directors of Quasar Airlines Private Limited
Quasar Airlines has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Gambhir Also directs: Prominent Autoworks LLP, Prominent Autonomous and AI LLP, Prominent Comtech Private Limited and 1 more | Director | 19 Dec 2007 | 18 Years 10 Months | Current |
| Vibha Gambhir Also directs: Prominent Autonomous and AI LLP, Advent Medcom Private Limited | Director | 19 Dec 2007 | 18 Years 10 Months | Current |
Auditor
Quasar Airlines Private Limited is audited by R. Kothari & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Kothari & Co | FY 2023 | 307069E |
Shareholding
The shareholding of Quasar Airlines Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Quasar Airlines Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.17 Cr
Satisfied charges
₹5.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2024 | 100961683 | Others | ₹1.25 Cr | Open | |
| 31 Mar 2021 | 100457641 | Others | ₹4.12 Cr | Open | |
| 06 Mar 2020 | 100334421 | Others | ₹4.8 Cr | Open | |
| 30 May 2015 | 10571336 | Others | ₹5.23 Cr | Satisfied |
To see the full charge records of Quasar Airlines Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Quasar Airlines Private Limited has 7 court cases on record: 5 filed by Quasar Airlines, 2 filed against it. 4 cases are pending and 3 are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
4
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 3 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Shaurya Aeronautics Pvt Ltd and Another & Anr. | Pending |
| District court, Central, Delhi | Civil suit | Filed by the company against an individual | Pending |
| District court, West, Delhi | Criminal case | Filed by the company against Shri Balaji Traders | Pending |
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, Central, Delhi | Court case (RCA DJ) | Filed by the company against an individual | Disposed |
To see the full case history of Quasar Airlines 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 Quasar Airlines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Quasar Airlines has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACQ2140A1Z7 | Delhi | Active | 21 Sep 2017 |
To see the full GST registrations and return filing status of Quasar Airlines Private Limited, buy the company report.
Recent activity
Quasar Airlines Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Aashray Sharma ceased to be Additional Director on 08 Dec 2020.
AGM
Quasar Airlines Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100961683 was registered on 29 Jul 2024.
Filing
Quasar Airlines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 30 May 2015 via Charge ID 10571336 with Others was fully satisfied on 29 Jun 2021.
Charges
A charge with Others amounted to Rs. 4.12 Cr with Charge ID 100457641 was registered on 31 Mar 2021.
Ceased
Aashray Sharma ceased to be Additional Director.
Ceased
Radhika Gambhir ceased to be Director.
Charges
A charge with Others amounted to Rs. 4.80 Cr with Charge ID 100334421 was registered on 06 Mar 2020.
Charges
A charge with Others of Rs. 5.23 Cr registered on 30 May 2015 with Charge ID 10571336 was modified on 29 Apr 2017.
Charges
A charge with Others amounted to Rs. 5.23 Cr with Charge ID 10571336 was registered on 30 May 2015.
Ceased
Rishab Gambhir ceased to be Additional Director.
Appointed
Rajiv Gambhir was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Quasar Airlines is an active private limited company based in Delhi, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 19 December 2007 (19+ years old) and is registered under CIN U62200DL2007PTC171635.
Quasar Airlines has 2 current directors:
- Rajiv Gambhir - Director
- Vibha Gambhir - Director
The latest financial statements of Quasar Airlines on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Quasar Airlines is 07AAACQ2140A1Z7, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Quasar Airlines is U62200DL2007PTC171635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quasar Airlines has 7 court cases on record: 5 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Quasar Airlines was incorporated on 19 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Aashray Sharma ceased to be Additional Director on 08 Dec 2020. Radhika Gambhir ceased to be Director on 08 Dec 2020. Rishab Gambhir ceased to be Additional Director on 27 Apr 2015. Quasar Airlines has 5 board changes on record in total.
Yes, Quasar Airlines is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-01-0006249).
Quasar Airlines can be reached through the website quasarairlines.com. Its registered office is in Delhi, India.