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Aircel Cellular Limited

Founded in 1992 headquartered in Maharashtra, India.
1992 | Mumbai, Maharashtra (India) | Active

Last Updated:

December 09, 2024
HomeCompanyAircel Cellular Limited

Who are the key members and board of directors at Aircel Cellular?

Executive Team (3)

NameDesignationAppointment DateStatus
Sankara Kailasam InCEO20-Mar-2015Current
Chitoor Sivaramakrishnan InCFO03-Feb-2016Current
Madhur Singh InCompany Secretary10-Apr-2019Current

Board Members(3)

NameDesignationAppointment DateStatus
Sanjeev Jain In Additional Director 10-Apr-2019Current
Sandeep Vats In Director 18-Feb-2018Current
Prakash Mishra In Director 18-Feb-2018Current

Financial Performance of Aircel Cellular.

Aircel Cellular Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 10.66% decrease. The company also saw a substantial fall in profitability, with a 17.88% decrease in profit. The company's net worth moved up by a moderate rise of 1.41%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-10.66%
Revenue from Operations
Total Assets
0.65%
Profit or Loss
-17.88%
Net Worth
1.41%
EBITDA
41.47%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹21,494.33 Cr

₹18,829.00 Cr

LenderAmountStatus

Others

Creation Date: 02 May 2014
₹17,479.00 CrOpen

Sbicap Trustee Company Limited

Creation Date: 25 Aug 2011
₹4,015.33 CrOpen

Sbicap Trustee Company Limited

Creation Date: 25 Feb 2014
₹13,729.00 CrSatisfied

How Many Employees Work at Aircel Cellular?

Unlock and access historical data on people associated with Aircel Cellular, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Aircel Cellular

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 17,479.00 Cr registered on 02 May 2014 with Charge ID 10493045 was modified on 30 Sep 2021.

    30 Sep 2021

  • Director Appointment

    Sanjeev Jain was appointed as a Additional Director was appointed as a Additional Director on 10 Apr 2019 & has been associated with this company since 5 years 9 months .

    10 Apr 2019

  • Director Appointment

    Madhur Singh was appointed as a Company Secretary was appointed as a Company Secretary on 10 Apr 2019 & has been associated with this company since 5 years 9 months .

    10 Apr 2019

  • Director Appointment

    Prakash Radheshyam Mishra was appointed as a Director was appointed as a Director on 18 Feb 2018 & has been associated with this company since 6 years 11 months .

    18 Feb 2018

  • Director Appointment

    Sandeep Vats was appointed as a Director was appointed as a Director on 18 Feb 2018 & has been associated with this company since 6 years 11 months .

    18 Feb 2018

  • Annual General Meeting

    Aircel Cellular Limited last Annual general meeting of members was held on 26 Jul 2017 as per latest MCA records.

    26 Jul 2017

Recent News, Updates & Announcement

  • news
    Aircel sacks 1000 of its 1229 employees.

    MUMBAI: Aircel and its unit have sacked some 1,000 of its 1,229 remaining employees, unable to meet related costs as the resolution professional (RP) Deloitte strives to keep the bankrupt mobile phone company running so that its assets fetch a good price in the ongoing insolvency process."There has not been a regular source of any cash flow from operations, and the funds garnered from recoveries/litigations could only help sustain for a limited timeframe. The companies have now reached a precari....

    29 Aug 2019 Gadgets Now

  • news
    "When Justice Seems Within Reach, CBI Delays with Affidavit in Aircel-Maxis Case #JusticeDelayed #CantCatchABreak".

    When you thought you were finally gonna get justice but the CBI be like "wait, let me file an affidavit first." #AircelMaxisCase #JusticeDelayed #CantCatchABreak.

    29 Aug 2019 Zee News

  • news
  • news
    Telecom department rejects Aircel's resolution proposal.

    The Department of Telecommunications (DoT) has rejected the resolution proposal cleared by bankrupt telco Aircel’s lenders under which Rs 16.50 crore was earmarked for all operational creditors, including the government, saying it was insufficient to cover for its license and spectrum related dues."As per their plan (that of resolution professional), a sum of Rs 16.50 crore has been earmarked for all operational creditors. There is no specific provision for the DoT," the counsel representing the....

    02 Jul 2019 Gadgets Now

  • news
    Aircel's Bankruptcy Sparks Controversy as Resolution Process Threatens Government's Control of Spectrum Auctions.

    When Aircel went bankrupt, its resolution professional and potential buyer UVARCL started talking to Bharti Airtel, Vodafone Idea, and Reliance Jio to sell its spectrum. This goes against the government's belief that only they can sell airwaves through auctions. The DoT realized they would only get a small amount from the resolution process, so they want the spectrum to be returned and auctioned at market rates. Aircel's assets, including spectrum, are worth less now, so creditors will only get a small amount back. The DoT can fight this, but it's unlikely they will win..

    15 Jun 2019 Gadgets Now

  • news

Frequently asked questions

  • Aircel Cellular Limited was incorporated on 21 Feb 1992.

  • The authorized share capital of Aircel Cellular Limited is ₹ 1,550.00 Cr and paid-up capital is ₹ 1,049.00 Cr.

  • Currently 6 directors are associated with Aircel Cellular Limited.

    • Sanjeev Jain
    • Prakash Radheshyam Mishra
    • Sandeep Vats
    • Sankara Narayanan Kailasam
    • Chitoor Ramalingam Sivaramakrishnan
    • Madhur Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aircel Cellular Limited is Opus Centre 47 Central Road Opposite Tunga Paradise, Midc India, Andheri East, Maharashtra, 400093.

  • The corporate identification number (CIN) of Aircel Cellular Limited is U74999MH1992PLC284457 and the company number is 284457 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aircel Cellular Limited is https://www.aircel.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Aircel Cellular Limited has fallen by -10.66%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Aircel Cellular Limited has experienced an upsurge of 1.41%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Aircel Cellular Limited amount to ₹ 21,494.33 Cr.

  • The most recent Balance Sheet for Aircel Cellular Limited was filed with the ROC on 31 Mar 2017.

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