MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0140471
Zeus Air Services Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹110.55 Cr
▲ 23% YoY
Net profit · FY 2025
₹2.3 Cr
Net margin 2.1%
EBITDA · FY 2025
₹4.01 Cr
EBITDA margin 3.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹40.3 Lakh
Issued & subscribed
Open charges
₹11.3 Cr
Satisfied ₹14 Lakh
Company age
38 yrs
Est. 1988
Employees · EPFO
81
Provident fund records
About Zeus Air Services Private Limited
Data last updated:
Zeus Air Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 02 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63010MH1988PTC046382. Its GSTIN is 27AAACZ0430G1ZN (Maharashtra). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40.3 Lakh. It is led by directors Somel Deepak Thakkar (Managing Director) and Varsha Rajendra Thakkar.
Its last annual general meeting (AGM) was held on 04 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 119 Adarsh Industrialestate Sahar Rd Chakala Andheri (E), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹110.55 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.3 Cr (net margin 2.1%) and EBITDA of ₹4.01 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 12% over five years.
The company has about 81 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.3 Cr and satisfied charges of ₹14 Lakh on record. Court records list 79 cases involving the company, including 55 filed by the company and 24 filed against it; 20 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2024.
Zeus Air Services Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0140471). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zeuslogistics.com.
Company details
CIN U63010MH1988PTC046382
Registration Number 046382
Incorporation Date 02 March 1988
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 04 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0140471
Recognitions & Rankings of Zeus Air Services
Contact details
Zeus Air Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is zeuslogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address119 Adarsh Industrialestate Sahar Rd Chakala Andheri (E), Mumbai, Maharashtra, India – 400099
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Zeus Air Services Private Limited, buy the company report.
Comprehensive company report
Zeus Air Services Private 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 Zeus Air Services is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Zeus Air Services Private Limited, buy the company report.
Financials of Zeus Air Services Private Limited
FY 2026 filings availableZeus Air Services Private Limited reported revenue of ₹110.55 Cr (up 23% YoY) for FY 2025.
Revenue · FY 2025
₹110.55 Cr ▲ 23%
Net profit · FY 2025
₹2.3 Cr margin 2.1%
EBITDA · FY 2025
₹4.01 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 7%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 71%
3 years · compounded
▲ 22%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 23% growth in the latest year. EBITDA fell 71% 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 | ₹4.01 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2.3 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Zeus Air Services Private Limited, buy the company report.
Board of directors of Zeus Air Services Private Limited
Zeus Air Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somel Deepak Thakkar Also directs: Minos International LLP, Dhayan Properties Private Limited | Managing Director | 23 Oct 2001 | 25 Years 0 Months | Current |
| Varsha Rajendra Thakkar | Director | 17 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Zeus Air Services Private Limited is audited by Kirtane & Pandit LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kirtane & Pandit LLP | FY 2024 | 105215W |
Shareholding
The shareholding of Zeus Air Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zeus Air Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.3 Cr
Satisfied charges
₹14 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2026 | 101308482 | Others | ₹10 Cr | Open | |
| 16 Apr 2025 | 101087214 | Others | ₹10 Lakh | Open | |
| 16 Apr 2025 | 101087261 | Others | ₹20 Lakh | Open | |
| 31 Jul 2023 | 100766414 | Others | ₹9.99 Lakh | Open | |
| 22 May 2023 | 100920280 | Hdfc Bank Limited | ₹30 Lakh | Open |
To see the full charge records of Zeus Air Services Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Zeus Air Services Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2024.
Total deals
5
Secondary share transfers
4
Funding round
1
Disclosed funding
₹50 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2006 | Funding round | ₹50 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zeus Air Services Private Limited has 79 court cases on record: 55 filed by Zeus Air Services, 24 filed against it. 20 cases are pending and 59 are disposed.
Total cases
79
Filed by the company
55
Filed against the company
24
Pending
20
Disposed
59
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 8 | 16 |
| High courts | 35 | 16 | 4 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Vini Logistics Private Limited and Ors | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Vini Logistics Private Limited and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Vexta Laboratories Pvt Ltd and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Vini Logistics Private Limited and Ors and 1 other | Pending |
| High Court, TAMIL NADU | Appeal | Filed by the company against Infinity Exports P Ltd, and 1 other | Pending |
To see the full case history of Zeus Air 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 Zeus Air Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Zeus Air Services Private Limited has a workforce of 81 employees on its EPFO records as of Nov 26, 2024, across 1 active EPFO establishment.
Employee count
81
Active EPFO establishments
1
Employee growth
-11.96%
GST
Zeus Air Services has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
5
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ0430G1ZN | Maharashtra | Active | 01 Jul 2017 |
| 33AAACZ0430G2ZT | Tamil Nadu | Active | 10 Jul 2017 |
| 29AAACZ0430G2ZI | Karnataka | Active | 11 Jul 2017 |
| 07AAACZ0430G2ZO | Delhi | Active | 14 Jul 2017 |
To see the full GST registrations and return filing status of Zeus Air Services Private Limited, buy the company report.
Recent activity
Zeus Air Services Private Limited has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Varsha Rajendra Thakkar was appointed as Director on 17 Feb 2026.
AGM
Zeus Air Services Private Limited last Annual general meeting of members was held on 04 Aug 2026 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 101308482 was registered on 18 Jun 2026.
Filing
Zeus Air Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Varsha Rajendra Thakkar was appointed as Director.
Charges
A charge registered on 31 Oct 2022 via Charge ID 100642367 with Others was fully satisfied on 28 Jul 2025.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 101087214 was registered on 16 Apr 2025.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 101087261 was registered on 16 Apr 2025.
Ceased
Deepak Jamnadas Thakkar ceased to be Managing Director.
Charges
A charge with Others amounted to Rs. 9.99 Lakh with Charge ID 100766414 was registered on 31 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100920280 was registered on 22 May 2023.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100642372 was registered on 01 Nov 2022.
Charges
A charge with Others amounted to Rs. 14.00 Lakh with Charge ID 100642367 was registered on 31 Oct 2022.
3 earlier events are in the company report.
Frequently asked questions
Zeus Air Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 02 March 1988 (38+ years old) and is registered under CIN U63010MH1988PTC046382.
Zeus Air Services has 2 current directors:
- Somel Deepak Thakkar - Managing Director
- Varsha Rajendra Thakkar - Director
The latest financial statements of Zeus Air Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Zeus Air Services is 27AAACZ0430G1ZN, registered in Maharashtra. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 33AAACZ0430G2ZT (Tamil Nadu), 29AAACZ0430G2ZI (Karnataka), 07AAACZ0430G2ZO (Delhi).
The CIN (Corporate Identification Number) of Zeus Air Services is U63010MH1988PTC046382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zeus Air Services has 79 court cases on record: 55 filed by the company and 24 filed against it. 20 are pending. Most are in the district courts.
Zeus Air Services was incorporated on 02 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Zeus Air Services has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2024.
Varsha Rajendra Thakkar was appointed as Director on 17 Feb 2026. Deepak Jamnadas Thakkar ceased to be Managing Director on 09 Jan 2024. Bharat Jamnadas Thakkar ceased to be Managing Director on 26 May 2022. Zeus Air Services has 4 board changes on record in total.
Yes, Zeus Air Services is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0140471).