Air Odisha Aviation Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 14 Year, 2 Months
- Last Filing with ROC 31 Mar 2017
- Open Charges ₹ 12.00 Cr
- Revenue Growth 24.79%
- Profit Growth 74.62%
- Ebitda 48.78%
- Net Worth -48.33%
- Total Assets 112.11%
About Air Odisha Aviation
Air Odisha Aviation Private Limited (AOAPL) is Dissolved (Liquidated) company established on 25 Jan 2011 with its office registered at Khorda, Odisha, India and has been running since 14 Year, 2 Months with a paid up capital of 10.00 Cr. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.
Company Details
- Location
Khorda, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U62200OR2011PTC013043
- Company No.
013043
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Jan 2011
- Date of AGM
30 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Transport and Logistics
Who are the key members and board of directors at Air Odisha Aviation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Radhakanta Pani  | Managing Director | 25-Jan-2011 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashutosh Pani | Director | 25-Jan-2011 | Current |
| Manorama Pani | Director | 25-Jan-2011 | Current |
Financial Performance of Air Odisha Aviation.
Air Odisha Aviation Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 24.79% increase. The company also saw a substantial improvement in profitability, with a 74.62% increase in profit. The company's net worth observed a substantial decline by a decrease of 48.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Air Odisha Aviation?
In 2017, Air Odisha Aviation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Asyam Food Products Private Limited
Ashutosh Pani is a mutual person
- Aeroserv Odisha Private Limited
Ashutosh Pani, Manorama Pani and 1 more are mutual person
- Plugndrive Solutions Private Limited
Ashutosh Pani is a mutual person
- Sunburn Retreat Private Limited
Ashutosh Pani and Radhakanta Pani are mutual person
Charges (Loans)
Open Charges
₹12.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 12.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2018 | State Bank Of India | ₹12.00 Cr | Open |
How Many Employees Work at Air Odisha Aviation?
Air Odisha Aviation has a workforce of 97 employees as of Apr 08, 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 Air Odisha Aviation, 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 Air Odisha Aviation'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 Air Odisha Aviation
Recent activity within the organization
- Charges
A charge with State Bank Of India amounted to Rs. 12.00 Cr with Charge ID 100168207 was registered on 19 Mar 2018.
- Annual General Meeting
Air Odisha Aviation Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
- Balance Sheet
Air Odisha Aviation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Cuttack.
- Director Appointment
Ashutosh Pani was appointed as a Director was appointed as a Director on 25 Jan 2011 & has been associated with this company since 14 years 2 months .
- Director Appointment
Manorama Pani was appointed as a Director was appointed as a Director on 25 Jan 2011 & has been associated with this company since 14 years 2 months .
- Director Appointment
Radhakanta Pani was appointed as a Managing Director was appointed as a Managing Director on 25 Jan 2011 & has been associated with this company since 14 years 2 months .
Recent News, Updates & Announcement
AAI Urges Air Deccan and Air Odisha to Begin Flights on Won Routes or Face Consequences in a Month Under UDAN Scheme.AAI to Air Deccan and Air Odisha: Start flying on routes you won or we'll come for you in a month. UDAN scheme aims to connect small airports and make flying cheaper. But delays and unprepared airports causing problems. AAI boss says 18-19 airports ready, but two airlines not ready to fly. Notices sent, but no names mentioned. Air Deccan and Air Odisha won 84 routes, but only flying on 3 each. Other airlines also won bids. Gov't helps with money, but some airports not ready. AAI says airlines can start from ready airports. We're not perfect, but we're trying. #UDAN #AirDeccan #AirOdisha #Delays #SmallAirports #FlyingProblems #GovtHelp #NotReady #TryingHard #AAIBoss #Notices #ReadyAirports #WeGotThis #JustDoIt #FlyHigh #UDANScheme #ViabilityGapFunding #CentralGovt #StateGovt #IAS #RAM #SBT.
- GSEC Monarch Aviation Takes Over Air Deccan and Air Odisha, Launching 108 Daily Flights Tomorrow.
Air Deccan and Air Odisha have been bought over by GSEC Aviation and Monarch Networth Capital, with Gopinath's Air Deccan holding 50% stake. The new company, GSEC Monarch Aviation, will run both airlines. The Adani family is involved through GSEC Aviation, owned by Rakesh Shah, who is married to Gautam Adani's sister. Air Odisha will launch its services tomorrow, with 50 routes under the regional connectivity scheme. Gopinath will be the chairman, Shaishav Shah the MD, and Himanshu Shah the deputy MD. This is Gopinath's third aviation venture, with Air Deccan being sold to Kingfisher in 2007 and a cargo venture with Mukesh Ambani. Air Odisha was granted a flying permit last Tuesday and will start operations tomorrow, with its first flight to Mundra, home to Adani's port and SEZ. Air Deccan was revived last year and started operations in December. Gopinath had previously announced a partnership with Air Odisha to share resources and networks. Together, the two airlines plan to operate 108 daily flights with a fleet of 12 planes..
- Air Deccan, Air Odisha join hands to save costs.
India Business News: Mumbai, Dec 27 () Air Deccan, which recently commenced operations with flight services to Jalgaon, has forged a partnership with Air Odisha, under whi.
Frequently asked questions
What is the Incorporation or founding date of Air Odisha Aviation Private Limited?
Air Odisha Aviation Private Limited was incorporated on 25 Jan 2011.
What is authorized share capital and paid-up capital of Air Odisha Aviation Private Limited?
The authorized share capital of Air Odisha Aviation Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.
Who are the current board members & directors of Air Odisha Aviation Private Limited?
Currently 3 directors are associated with Air Odisha Aviation Private Limited.
- Ashutosh Pani
- Manorama Pani
- Radhakanta Pani
What is the registered address of Air Odisha Aviation Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Air Odisha Aviation Private Limited is Plot No Mig -99 Rajiv Nagar, Po. Aiginia India, Bhubaneswar, Orissa, 751019.
What is the corporate identification number (CIN) and company number of Air Odisha Aviation Private Limited?
The corporate identification number (CIN) of Air Odisha Aviation Private Limited is U62200OR2011PTC013043 and the company number is 013043 as per Ministry of Corporate Affairs (MCA).
What is the official website of Air Odisha Aviation Private Limited?
The Official website of Air Odisha Aviation Private Limited is https://www.airodisha.com
What has been the recent revenue trend for Air Odisha Aviation Private Limited?
According to the financial reports for the fiscal year 2017, the revenue trend for Air Odisha Aviation Private Limited has risen by 24.79%.
How many employees does Air Odisha Aviation Private Limited currently have?
As Per 2017 financial reports, 97 employees are currently employed by Air Odisha Aviation Private Limited.
What change has been observed in the net worth of Air Odisha Aviation Private Limited, and by what percentage?
The financial reports for the fiscal year 2017 indicates that The net worth of Air Odisha Aviation Private Limited has experienced an downturn of -48.33%.
What are the total open charges for Air Odisha Aviation Private Limited?
As per the financial statements for fiscal Year 2017, The total open charges for Air Odisha Aviation Private Limited amount to ₹ 12.00 Cr.
When was the last Balance Sheet of Air Odisha Aviation Private Limited filed with the ROC?
The most recent Balance Sheet for Air Odisha Aviation Private Limited was filed with the ROC on 31 Mar 2017.
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