About Sangeeta Aviation Services Private Limited
Data last updated:
Sangeeta Aviation Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the aircraft maintenance, repair and overhaul segment of the transport and logistics sector. It was incorporated on 30 July 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62200MH2012PTC233881. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Akash Agarwaal and Ammeet Kamal Agarwal.
Its last annual general meeting (AGM) was held on 13 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 5B – 34 Akshay Mittal Ind. Estate. Saki Naka Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.59 Cr, a decline of 95% compared to the previous year. For the same year it recorded a net profit of ₹6,396 (net margin 0%) and EBITDA of ₹1.3 Cr (EBITDA margin 50%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 1% over five years.
The company is associated with 1 brand: Supreme Aviation. As per MCA filings, the company has satisfied charges of ₹5 Cr on record. Court records list 24 cases involving the company, including 8 filed by the company and 16 filed against it; 3 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in March 2017.
The last known website on record is supremeaviation.com.
Company details
Contact details
Sangeeta Aviation Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is supremeaviation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5B – 34 Akshay Mittal Ind. Estate. Saki Naka Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Aircraft Maintenance, Repair & Overhaul, Air Charter & Private Aviation
To see the full contact details of Sangeeta Aviation Services 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
Brands
Sangeeta Aviation Services operates one associated brand: Supreme Aviation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aviation training and services provider. | supremeaviation.com |
Business activity
The main business activity of Sangeeta Aviation Services is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Sangeeta Aviation Services Private Limited, buy the company report.
Financials of Sangeeta Aviation Services Private Limited
FY 2020 filings availableSangeeta Aviation Services Private Limited reported revenue of ₹2.59 Cr (down 95% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 95% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 188% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹2.59 Cr | ||||
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| EBITDA | ₹1.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6,396 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sangeeta Aviation Services Private Limited, buy the company report.
Board of directors of Sangeeta Aviation Services Private Limited
Sangeeta Aviation Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Agarwaal | Director | 01 Oct 2013 | 13 Years 1 Months | As last reported |
| Trivikram Joshi | Additional Director | 25 Sep 2020 | 6 Years 1 Months | As last reported |
| Ammeet Kamal Agarwal Also directs: Supreme Airlines Private Limited | Director | 30 Oct 2018 | 8 Years 0 Months | As last reported |
Auditor
Sangeeta Aviation Services Private Limited is audited by C P PATEL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C P PATEL & ASSOCIATES | FY 2020 | 128407 |
Shareholding
The shareholding of Sangeeta Aviation Services Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sangeeta Aviation Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2015 | 10551765 | Oriental Bank of Commerce | ₹5 Cr | Satisfied |
To see the full charge records of Sangeeta Aviation Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Sangeeta Aviation Services Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in March 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2016 | Funding round | ₹2.51 Cr | Investors: an individual |
| Feb 2015 | Funding round | ₹49 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sangeeta Aviation Services Private Limited has 24 court cases on record: 8 filed by Sangeeta Aviation Services, 16 filed against it. 3 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 5 | 1 |
| NCLAT | 5 | 5 | 0 |
| High courts | 4 | 3 | 2 |
| Supreme Court | 2 | 2 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Maharashtra Airport Development Company Limited (Madc) | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Gannon Dunkerley and Co.Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by CS Hawkler Logistics Pvt Ltd | Disposed |
| Supreme Court | Court case | Filed against the company by Maharashtra Airport Development Company Limited (Madc) | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Air Odisha Aviation P Ltd and 5 others | Disposed |
To see the full case history of Sangeeta Aviation Services 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 Sangeeta Aviation Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sangeeta Aviation Services Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Sangeeta Aviation Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sangeeta Aviation Services Private Limited, buy the company report.
Recent activity
Sangeeta Aviation Services Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Akash Agarwaal ceased to be Additional Director on 14 Dec 2020.
Frequently asked questions
Sangeeta Aviation Services is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sangeeta Aviation Services is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in aircraft maintenance, repair and overhaul, within the transport and logistics industry. It was incorporated on 30 July 2012 and is registered under CIN U62200MH2012PTC233881. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sangeeta Aviation Services has 3 current directors:
- Akash Agarwaal - Director
- Trivikram Joshi - Additional Director
- Ammeet Kamal Agarwal - Director
The latest financial statements of Sangeeta Aviation Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 13 November 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sangeeta Aviation Services is U62200MH2012PTC233881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sangeeta Aviation Services has no open charges and satisfied charges of ₹5 Cr as per latest MCA filings.
Sangeeta Aviation Services has 24 court cases on record: 8 filed by the company and 16 filed against it. 3 are pending. Most are in the district courts.
Sangeeta Aviation Services was incorporated on 30 July 2012. It is registered with the Registrar of Companies, Mumbai.
Sangeeta Aviation Services has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in March 2017.
Akash Agarwaal ceased to be Additional Director on 14 Dec 2020. Trivikram Joshi was appointed as Additional Director on 25 Sep 2020. Milind Mahajan ceased to be Director on 31 Oct 2018. Sangeeta Aviation Services has 7 board changes on record in total.
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