Jagson Airlines Limited

Provides aircraft chartering services and operates regular flights within India.

1994 | Shimla, Himachal Pradesh (India) | Active
Last Updated: December 12, 2024

Jagson Airlines Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 20.17 Cr
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 298.70 Cr
  • Satisfied Charges ₹ 303.92 Cr
  • Revenue Growth 15.33%
  • Profit Growth 36.97%
  • Ebitda 40.42%
  • Net Worth -4.77%
  • Total Assets -1.06%

About Jagson Airlines

Jagson Airlines Limited (JAL) is a Public Limited Indian Non-Government Company incorporated in India on 03 January 1994 and has a history of 31 years and one month. Its registered office is in Shimla, Himachal Pradesh, 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 2019. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 20.17 Cr.

The company currently has active open charges totaling ₹298.70 Cr. The company has closed loans amounting to ₹303.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jagson Airlines Limited India are Virendra Singh as CFO and Rashmi Mishra as Company Secretary. Jagdish Pershad, Ravinder Kaur, Bhuvi Kant, and One other member serve as directors at the Company.

Company Details

  • Location

    Shimla, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jagsonairlines.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L63040HP1994PLC019011

  • Company No.

    019011

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 1994

  • Date of AGM

    27 Dec 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Himachal Pradesh

Industry

Transport and Logistics

Who are the key members and board of directors at Jagson Airlines?

Executive Team (3)

NameDesignationAppointment DateStatus
Jagdish Pershad Country flag representing In Managing Director03-Jan-1994Current
Virendra Singh CFO30-Dec-2019Current
Rashmi Mishra Country flag representing In Company Secretary23-Mar-2015Current

Board Members (3)

NameDesignationAppointment DateStatus
Ravinder Kaur Country flag representing In Director 03-Jan-1994Current
Bhuvi Kant Country flag representing In Director 30-Jan-2001Current
Sardar Singh Country flag representing In Additional Director 29-Mar-2021Current

Financial Performance of Jagson Airlines.

Jagson Airlines Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 15.33% increase. The company also saw a substantial improvement in profitability, with a 36.97% increase in profit. The company's net worth dipped by a decrease of 4.77%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.33%
Revenue from Operations
Total Assets
-1.06%
Profit or Loss
36.97%
Net Worth
-4.77%
EBITDA
40.42%

What is the Ownership and Shareholding Structure of Jagson Airlines?

In 2018, Jagson Airlines had a promoter holding of 71.53% and a public holding of 28.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹298.70 Cr

Satisfied Charges

₹303.92 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 298.70 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2019State Bank Of India₹89.50 CrOpen
19 Apr 2010State Bank Of India₹209.20 CrOpen
26 Feb 2010Icici Bank Limited₹280.00 CrSatisfied
28 Feb 2007Icici Bank Limited₹0.66 MSatisfied
17 Oct 2005State Bank Of India₹23.50 CrSatisfied

How Many Employees Work at Jagson Airlines?

Jagson Airlines has a workforce of 1 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jagson Airlines, 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 Jagson Airlines's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Jagson Airlines

Recent activity within the organization

  • Director Appointment

    Sardar Mudgal Singh was appointed as a Additional Director was appointed as a Additional Director on 29 Mar 2021 & has been associated with this company since 3 years 10 months .

    29 Mar 2021

  • Director Appointment

    Virendra Singh was appointed as a Cfo was appointed as a Cfo on 30 Dec 2019 & has been associated with this company since 5 years 1 month .

    30 Dec 2019

  • Annual General Meeting

    Jagson Airlines Limited last Annual general meeting of members was held on 27 Dec 2019 as per latest MCA records.

    27 Dec 2019

  • Balance Sheet

    Jagson Airlines Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Himachal Pradesh.

    31 Mar 2019

  • Charges

    A charge with State Bank Of India amounted to Rs. 89.50 Cr with Charge ID 100245990 was registered on 31 Jan 2019.

    31 Jan 2019

  • Director Appointment

    Rashmi Santosh Mishra was appointed as a Company Secretary was appointed as a Company Secretary on 23 Mar 2015 & has been associated with this company since 9 years 11 months .

    23 Mar 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Jagson Airlines Limited was incorporated on 03 Jan 1994.

  • The authorized share capital of Jagson Airlines Limited is ₹ 50.00 Cr and paid-up capital is ₹ 20.17 Cr.

  • Currently 6 directors are associated with Jagson Airlines Limited.

    • Jagdish Gupta Pershad
    • Ravinder Hora Kaur
    • Bhuvi Kant
    • Sardar Mudgal Singh
    • Virendra Singh
    • Rashmi Santosh Mishra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jagson Airlines Limited is 18B Sda Complexkasumpti Shimla India, Himachal Pradesh, 171009.

  • The corporate identification number (CIN) of Jagson Airlines Limited is L63040HP1994PLC019011 and the company number is 019011 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jagson Airlines Limited is https://www.jagsonairlines.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Jagson Airlines Limited has risen by 15.33%.

  • As Per 2019 financial reports, 1 employees are currently employed by Jagson Airlines Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Jagson Airlines Limited has experienced an downturn of -4.77%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Jagson Airlines Limited amount to ₹ 298.70 Cr.

  • The most recent Balance Sheet for Jagson Airlines Limited was filed with the ROC on 31 Mar 2019.

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