Turbo Megha Airways Profile
Key Indicators
- Authorised Capital ₹ 550.00 Cr
- Paid Up Capital ₹ 434.00 Cr
- Company Age 12 Year, 1 Month
- Last Filing with ROC 31 Mar 2020
- Revenue Growth 37.36%
- Profit Growth -88.70%
- Ebitda 306.25%
- Net Worth -16.87%
- Total Assets 138.52%
About Turbo Megha Airways
Turbo Megha Airways Private Limited (TMAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 March 2013 and has a history of 12 years and one month. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 550.00 Cr and a paid-up capital of Rs 434.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vankayalapati Umesh and Radha Devineni serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U62200TG2013PTC086338
- Company No.
086338
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 2013
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Transport and Logistics
Turbo Megha Airways Private Limited
Explore comprehensive data for Turbo Megha Airways Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Turbo Megha Airways?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vankayalapati Umesh  | Managing Director | 07-Oct-2021 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Radha Devineni | Additional Director | 07-Oct-2021 | Current |
Financial Performance of Turbo Megha Airways.
Turbo Megha Airways Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 37.36% increase. The company also saw a substantial fall in profitability, with a 88.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Turbo Megha Airways?
In 2020, Turbo Megha Airways had a promoter holding of 85.98% and a public holding of 14.02%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Trujet Services Private LimitedVankayalapati Umesh and Radha Devineni are mutual person
Turbo Motors Private LimitedVankayalapati Umesh and Radha Devineni are mutual person
- Turbo Institute Of Aviation Technology Private Limited
Vankayalapati Umesh and Radha Devineni are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Turbo Megha Airways?
Turbo Megha Airways has a workforce of 758 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Turbo Megha Airways, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Turbo Megha Airways's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Turbo Megha Airways
Recent activity within the organization
- Director Appointment
Vankayalapati Umesh was appointed as a Managing Director was appointed as a Managing Director on 07 Oct 2021 & has been associated with this company since 3 years 6 months .
- Director Appointment
Radha Rani Devineni was appointed as a Additional Director was appointed as a Additional Director on 07 Oct 2021 & has been associated with this company since 3 years 6 months .
- Annual General Meeting
Turbo Megha Airways Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- Balance Sheet
Turbo Megha Airways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.
- Company Incorporation
Turbo Megha Airways Private Limited was registered on 14 Mar 2013 with Roc Hyderabad & aged 12 years 1 month as per MCA records.
Recent News, Updates & Announcement
SpiceJet seaplanes to take UDAN from Statue of Unity | Mint.The 235 routes cleared by the ministry cover 16 unserved and 17 under-served airports and six water aerodromes.SpiceJet and Turbo Aviation will be the first Indian airline companies to fly seaplanes on a commercial basis.
- Turbo Megha gets AOC to expand UDAN flights to Mumbai, Shirdi.
Hyderabad-based Turbo Megha Airways today received the Air Operator Certificate (AOC) from aviation regulator DGCA which will enable it to expand the UDAN flights to metros of other regions such as Mumbai..
Frequently asked questions
What is the Incorporation or founding date of Turbo Megha Airways Private Limited?
Turbo Megha Airways Private Limited was incorporated on 14 Mar 2013.
What is authorized share capital and paid-up capital of Turbo Megha Airways Private Limited?
The authorized share capital of Turbo Megha Airways Private Limited is ₹ 550.00 Cr and paid-up capital is ₹ 434.00 Cr.
Who are the current board members & directors of Turbo Megha Airways Private Limited?
Currently 2 directors are associated with Turbo Megha Airways Private Limited.
- Vankayalapati Umesh
- Radha Rani Devineni
What is the registered address of Turbo Megha Airways Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Turbo Megha Airways Private Limited is Ohris Tech Park Plot No.13 Survey No.64/2 (New) Software Unit Layout, Madhapur India, Hyderabad, Telangana, 500081.
What is the corporate identification number (CIN) and company number of Turbo Megha Airways Private Limited?
The corporate identification number (CIN) of Turbo Megha Airways Private Limited is U62200TG2013PTC086338 and the company number is 086338 as per Ministry of Corporate Affairs (MCA).
What is the official website of Turbo Megha Airways Private Limited?
The Official website of Turbo Megha Airways Private Limited is https://www.turboaviation.in
What has been the recent revenue trend for Turbo Megha Airways Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Turbo Megha Airways Private Limited has risen by 37.36%.
How many employees does Turbo Megha Airways Private Limited currently have?
As Per 2020 financial reports, 758 employees are currently employed by Turbo Megha Airways Private Limited.
What change has been observed in the net worth of Turbo Megha Airways Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Turbo Megha Airways Private Limited has experienced an downturn of -16.87%.
When was the last Balance Sheet of Turbo Megha Airways Private Limited filed with the ROC?
The most recent Balance Sheet for Turbo Megha Airways Private Limited was filed with the ROC on 31 Mar 2020.
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