About Vistajet India Private Limited
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Vistajet India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vistajet Operations Holding Ltd. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 07 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2018FTC305989. Its GSTIN is 27AAGCV3151N1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mandeep Singh Multani and Richard Mark Batchelor.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 435 4th Floor A Wing Regus Dynasty Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹164.45 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net loss of ₹1.67 Cr (net margin -1%) and EBITDA of ₹13.67 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 37% over five years.
As per MCA filings, the company has open charges of ₹162.08 Cr and satisfied charges of ₹162.08 Cr on record.
For more details, the company can be reached via its website vistajet.com.
Company details
Contact details
Vistajet India Private Limited's registered office is in Mumbai, Maharashtra. Its website is vistajet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOff. No 435 4th Floor A Wing Regus Dynasty Business Park Andheri Kurla Road Andhe, Ri East, Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Vistajet India 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 Vistajet India is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Vistajet India Private Limited, buy the company report.
Financials of Vistajet India Private Limited
FY 2025 filings availableVistajet India Private Limited reported revenue of ₹164.45 Cr (up 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 58% growth in the latest year. EBITDA rose 157% 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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| EBITDA | ₹13.67 Lakh | ||||
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| Net Profit (PAT) | -₹1.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | -1% | ||||
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To see the full financial statements and ratios of Vistajet India Private Limited, buy the company report.
Board of directors of Vistajet India Private Limited
Vistajet India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Singh Multani Also directs: Xanthus Consulting LLP, Zest Organic Agro Private Limited, Vistajet Leasing Ifsc Private Limited and 3 more | Director | 09 Aug 2024 | 2 Years 3 Months | Current |
| Richard Mark Batchelor Also directs: Vistajet Leasing Ifsc Private Limited | Director | 03 Jun 2024 | 2 Years 5 Months | Current |
Auditor
Vistajet India Private Limited is audited by Arun Todarwal & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Arun Todarwal & Associates LLP | FY 2023 | W100291 |
Shareholding
The shareholding of Vistajet India 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 Vistajet India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2023 | 100677443 | Others | ₹162.08 Cr | Satisfied |
To see the full charge records of Vistajet India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vistajet India Private 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 Vistajet India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vistajet India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV3151N1ZY | Maharashtra | Active | 30 May 2018 |
| 07AAGCV3151N1Z0 | Delhi | Active | 03 Jan 2025 |
To see the full GST registrations and return filing status of Vistajet India Private Limited, buy the company report.
Recent activity
Vistajet India Private Limited has 7 board changes on record since 2022: 2 appointments and 5 cessations. The latest: Mandeep Singh Multani ceased to be Additional Director on 24 Sep 2024.
News
Frequently asked questions
Vistajet India is an active foreign private 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 07 March 2018 (8+ years old) and is registered under CIN U63030MH2018FTC305989.
Vistajet India has 2 current directors:
- Mandeep Singh Multani - Director
- Richard Mark Batchelor - Director
The latest financial statements of Vistajet India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Vistajet India is 27AAGCV3151N1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAGCV3151N1Z0 (Delhi).
The CIN (Corporate Identification Number) of Vistajet India is U63030MH2018FTC305989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vistajet India was incorporated on 07 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Mandeep Singh Multani ceased to be Additional Director on 24 Sep 2024. Richard Mark Batchelor ceased to be Additional Director on 24 Sep 2024. Vineet Aneja ceased to be Director on 12 Aug 2024. Vistajet India has 7 board changes on record in total.
Vistajet India can be reached through the website vistajet.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vistajet India is at Off. No 435 4th Floor A Wing Regus Dynasty Business Park Andheri Kurla Road Andhe, Ri East, Mumbai, Maharashtra, India – 400059.
Vistajet India operates in the transport and logistics industry, in the air charter and private aviation segment.
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