Startup India Government of India
Ravidas Airlines Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹23.16 Lakh
▲ 1% YoY
Net profit · FY 2024
₹70,601
Net margin 3%
EBITDA · FY 2024
₹1.17 Lakh
EBITDA margin 5.1%
Authorised capital
₹2.05 Cr
Registered with MCA
Paid-up capital
₹2.04 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Ravidas Airlines Limited
Data last updated:
Ravidas Airlines Limited is a public limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 14 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62100MH2020PLC337776. Its GSTIN is 27AAKCR0908D1ZK (Maharashtra).
The company has an authorised share capital of ₹2.05 Cr and a paid-up capital of ₹2.04 Cr. It is led by directors including Upendra Ravidas and Bina Ashutosh Soti.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.16 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹70,601 (net margin 3%) and EBITDA of ₹1.17 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 436% over three years.
Ravidas Airlines Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0027144). For more details, the company can be reached via its website ravidasairlines.com.
Company details
CIN U62100MH2020PLC337776
Registration Number 337776
Incorporation Date 14 February 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0027144
Recognitions & Rankings of Ravidas Airlines
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0027144
Contact details
Ravidas Airlines Limited's registered office is in Mumbai, Maharashtra. Its website is ravidasairlines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 320 Bldg No.11 3rd Floor, Motilal Nehru Nagar Chs BKC Bandra E, Mumbai, Maharashtra, India – 400051
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Ravidas Airlines Limited, buy the company report.
Comprehensive company report
Ravidas Airlines 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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Business activity
The main business activity of Ravidas Airlines is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ravidas Airlines Limited, buy the company report.
Financials of Ravidas Airlines Limited
FY 2024 filings availableRavidas Airlines Limited reported revenue of ₹23.16 Lakh (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹23.16 Lakh ▲ 1%
Net profit · FY 2024
₹70,601 margin 3%
EBITDA · FY 2024
₹1.17 Lakh margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 436%
EBITDA CAGR growth
1 year
▲ 364%
3 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 436% over three years, including 1% growth in the latest year. EBITDA rose 364% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70,601 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 3% | ||||
| 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 Ravidas Airlines Limited, buy the company report.
Board of directors of Ravidas Airlines Limited
Ravidas Airlines has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upendra Ravidas Also directs: Ravi Das Industries Limited, Ravidas Infrastructure Projects Limited, Rockward Abode Private Limited and 1 more | Director | 13 Nov 2023 | 2 Years 11 Months | Current |
| Bina Ashutosh Soti Also directs: Ravi Das Industries Limited, Man Mandir Benquite Hall Private Limited, Valente Hospitality Private Limited and 1 more | Director | 09 Aug 2024 | 2 Years 2 Months | Current |
| Jayesh Jaswantrai Mehta Also directs: Ravi Das Industries Limited, Ravidas Infrastructure Projects Limited, Ravidas International Private Limited and 1 more | Director | 07 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Ravidas Airlines Limited is audited by S S R V & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S R V & ASSOCIATES | FY 2021 | 135901W |
Shareholding
The shareholding of Ravidas Airlines Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ravidas Airlines Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ravidas Airlines 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 Ravidas Airlines Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ravidas Airlines has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCR0908D1ZK | Maharashtra | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Ravidas Airlines Limited, buy the company report.
Recent activity
Ravidas Airlines Limited has 10 board changes on record since 2020: 3 appointments and 7 cessations. The latest: Bina Ashutosh Soti was appointed as Director on 09 Aug 2024.
AGM
Ravidas Airlines Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Bina Ashutosh Soti was appointed as Director.
Filing
Ravidas Airlines Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Upendra Ravidas was appointed as Director.
Ceased
Chetan Ashok Paleja ceased to be Additional Director.
Ceased
Jayesh Jaswantrai Mehta ceased to be Additional Director.
Ceased
Bina Ashutosh Soti ceased to be Director.
Appointed
Jayesh Jaswantrai Mehta was appointed as Director.
Ceased
Sandhya Ankur Upadhyay ceased to be Additional Director.
Ceased
Jitendra Bhojal Das ceased to be Director.
Ceased
Jagruti Sandip Mane ceased to be Additional Director.
Ceased
Aslam Ahmed Patel ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Ravidas Airlines is an active public limited company based in Mumbai, Maharashtra, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 14 February 2020 (6+ years old) and is registered under CIN U62100MH2020PLC337776.
Ravidas Airlines has 3 current directors:
- Upendra Ravidas - Director
- Bina Ashutosh Soti - Director
- Jayesh Jaswantrai Mehta - Director
The latest financial statements of Ravidas Airlines on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ravidas Airlines is 27AAKCR0908D1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ravidas Airlines is U62100MH2020PLC337776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ravidas Airlines was incorporated on 14 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Bina Ashutosh Soti was appointed as Director on 09 Aug 2024. Upendra Ravidas was appointed as Director on 13 Nov 2023. Chetan Ashok Paleja ceased to be Additional Director on 18 Jan 2022. Ravidas Airlines has 10 board changes on record in total.
Yes, Ravidas Airlines is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ravidas Airlines is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0027144).
Ravidas Airlines can be reached through the website ravidasairlines.com. Its registered office is in Mumbai, Maharashtra, India.