About Spectrum Aero Private Limited
Data last updated:
Spectrum Aero Private Limited is a private limited company based in Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the air transport services segment of the transport and logistics sector. It was incorporated on 31 January 2011.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U62200DL2011PTC213169. Its GSTIN is 07AAFCR1388E1ZD (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹28.79 Cr. It was formerly known as Religare Flysims Private Limited and Ligare Flysims Private Limited. It is led by director Nachatar Singh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at The Valley, 20 Regency Farms Asola India, Delhi, India – 110074.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.26 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.11 Lakh (net margin 24.6%) and EBITDA of ₹12.14 Lakh (EBITDA margin 24.6%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 54% over five years.
As per MCA filings, the company has satisfied charges of ₹242.46 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹18.4 Cr; the latest was in March 2018.
The last known website on record is spectrumvoyages.com.
Company details
Name history
Spectrum Aero has undergone 2 name changes throughout its history. The company was previously known as Religare Flysims Private Limited, and Ligare Flysims Private Limited. The current legal name is Spectrum Aero Private Limited.
| Company Name | Status |
|---|---|
| Spectrum Aero Private Limited | Current |
| Religare Flysims Private Limited | Previous |
| Ligare Flysims Private Limited | Previous |
CIN history
Spectrum Aero has one previous CIN (Corporate Identification Number): U93000DL2011PTC213169. The current CIN is U62200DL2011PTC213169, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62200DL2011PTC213169 | Current |
| U93000DL2011PTC213169 | Previous |
Contact details
Spectrum Aero Private Limited's registered office is in Delhi, Delhi. Its website is spectrumvoyages.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressThe Valley, 20 Regency Farms Asola India, Delhi, India – 110074
- IndustryTransport and Logistics, Air Transport Services
To see the full contact details of Spectrum Aero 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
Business activity
The main business activity of Spectrum Aero is transport and storage. In detail, this covers air transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H4 | Air transport |
To see the full business activity and turnover split of Spectrum Aero Private Limited, buy the company report.
Financials of Spectrum Aero Private Limited
FY 2023 filings availableSpectrum Aero Private Limited reported revenue of ₹49.26 Lakh (up 12214% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years. EBITDA rose 101% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.11 Lakh | ||||
| 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.6% | ||||
| Net Profit Margin | 24.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Spectrum Aero Private Limited, buy the company report.
Board of directors of Spectrum Aero Private Limited
Spectrum Aero has 1 current director and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nachatar Singh | Director | 21 Jan 2025 | 1 Years 9 Months | As last reported |
Auditor
Spectrum Aero Private Limited is audited by JIGNESH GORADIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIGNESH GORADIA & ASSOCIATES | FY 2023 | 114719W |
Shareholding
The shareholding of Spectrum Aero 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 Spectrum Aero Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2016 | 100074268 | Others | ₹242.46 Cr | Satisfied |
To see the full charge records of Spectrum Aero Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Spectrum Aero Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹18.4 Cr; the latest was in March 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2017 | Funding round | ₹18.4 Cr | Investors: Shree Naman Developers Private Limited , an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ligare Voyages Limited , Fly Wings Aviation Private Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spectrum Aero Private Limited has 3 court cases on record: 2 filed by Spectrum Aero, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Ups SCS (India) Private Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Viiking Aviation Pvt. Ltd. | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (COMMS) | Filed by the company against individuals | Pending |
To see the full case history of Spectrum Aero 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 Spectrum Aero Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spectrum Aero has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCR1388E1ZD | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spectrum Aero Private Limited, buy the company report.
Recent activity
Spectrum Aero Private Limited has 12 board changes on record since 2012: 1 appointment and 11 cessations. The latest: Punit Handa ceased to be Irp/Rp/Liquidator on 28 Jan 2025.
5 earlier events are in the company report.
Frequently asked questions
Spectrum Aero is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Spectrum Aero is a company under insolvency, formerly operating as a private limited company based in Delhi, India. The company works in air transport services, within the transport and logistics industry. It was incorporated on 31 January 2011 and is registered under CIN U62200DL2011PTC213169. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Spectrum Aero has 1 current director:
- Nachatar Singh - Director
The latest financial statements of Spectrum Aero on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Spectrum Aero is U62200DL2011PTC213169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectrum Aero has no open charges and satisfied charges of ₹242.46 Cr as per latest MCA filings.
Spectrum Aero has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Spectrum Aero was incorporated on 31 January 2011. It is registered with the Registrar of Companies, Delhi.
Spectrum Aero has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹18.4 Cr; the latest was in March 2018.
Punit Handa ceased to be Irp/Rp/Liquidator on 28 Jan 2025. Nachatar Singh was appointed as Director on 21 Jan 2025. Amit Kumar Aggarwal ceased to be Company Secretary on 01 Mar 2024. Spectrum Aero has 12 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
