Jet Lite (India) Limited

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1991 | Mumbai, Maharashtra (India) | Active
Last Updated:

Jet Lite (India) Profile

Key Indicators

  • Authorised Capital ₹ 1,090.00 Cr
  • Paid Up Capital ₹ 796.12 Cr
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2018
  • Satisfied Charges ₹ 719.78 Cr
  • Revenue Growth 6.34%
  • Profit Growth -7.10%
  • Ebitda 950.00%
  • Net Worth -21.44%
  • Total Assets 59.83%

About Jet Lite (India)

Jet Lite (India) Limited (JLIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 September 1991 and has a history of 33 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sahara Airlines Limited. 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 2018. It's a company limited by shares with an authorized capital of Rs 1,090.00 Cr and a paid-up capital of Rs 796.12 Cr.

The company has closed loans amounting to ₹719.78 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Barimar Kumar, Gaurang Shetty, Archana Capoor, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U62100MH1991PLC177728

  • Company No.

    177728

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 1991

  • Date of AGM

    09 Aug 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics
Company report

Jet Lite (India) Limited

Explore comprehensive data for Jet Lite (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Jet Lite (India)?

Board Members (5)

NameDesignationAppointment DateStatus
Barimar Kumar Country flag representing In Director 08-Dec-2014Current
Gaurang Shetty Country flag representing In Director 20-May-2010Current
Archana Capoor Country flag representing In Director 22-Apr-2016Current
Naresh Goyal Country flag representing In Director 28-Sep-2007Current
Iftikhar Kadri Country flag representing In Director 11-Jan-2016Current

Financial Performance of Jet Lite (India).

Jet Lite (India) Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 6.34% increase. The company also saw a slight decrease in profitability, with a 7.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.44%.

Jet Lite (India) revenue growth over time
Jet Lite (India) 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
6.34%
Revenue from Operations
6.54%
Total Assets
59.83%
Profit or Loss
-7.10%
Net Worth
-21.44%
EBITDA
950.00%

What is the Ownership and Shareholding Structure of Jet Lite (India)?

In 2018, Jet Lite (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹719.78 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 300.00 Cr
  • Andhra Bank : 100.00 Cr
  • Andhrcredit Card Centrea Bank : 100.00 Cr
  • Uco Bank : 60.00 Cr
  • The Bank Of Rajasthan Ltd. : 56.00 Cr
  • Others : 103.78 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jan 2008State Bank Of India₹300.00 CrSatisfied
07 Feb 2007The Bank Of Rajasthan Ltd.₹24.00 CrSatisfied
07 Oct 2006Centurion Bank Of Punjab Ltd₹10.00 CrSatisfied
04 Sep 2006The Bank Of Rajasthan Ltd.₹24.00 CrSatisfied
12 May 2006Centurion Bank Of Punjab Ltd₹40.00 CrSatisfied

How Many Employees Work at Jet Lite (India)?

Jet Lite (India) has a workforce of 615 employees as of Mar 29, 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.

Employee growth trends for Jet Lite (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jet Lite (India), 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 Jet Lite (India)'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 Jet Lite (India)

Recent activity within the organization

  • Annual General Meeting

    Jet Lite (India) Limited last Annual general meeting of members was held on 09 Aug 2018 as per latest MCA records.

  • Balance Sheet

    Jet Lite (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

  • Director Appointment

    Archana Capoor was appointed as a Director was appointed as a Director on 22 Apr 2016 & has been associated with this company since 9 years 18 days .

  • Charges

    A charge registered on 15 Jan 2008 via Charge ID 10106420 with State Bank Of India was fully satisfied on 22 Mar 2016.

  • Charges

    A charge registered on 20 Jan 2006 via Charge ID 80028911 with Wells Fargo Bank Northwest, N.A., Not In Its Individual Capacity But Solely As Owner Trustee was fully satisfied on 28 Jan 2016.

  • Charges

    A charge registered on 07 Feb 2007 via Charge ID 10040112 with The Bank Of Rajasthan Ltd. was fully satisfied on 13 Jan 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Jet Lite (India) Limited?

    Jet Lite (India) Limited was incorporated on 20 Sep 1991.

  • What is authorized share capital and paid-up capital of Jet Lite (India) Limited?

    The authorized share capital of Jet Lite (India) Limited is ₹ 1,090.00 Cr and paid-up capital is ₹ 796.12 Cr.

  • Who are the current board members & directors of Jet Lite (India) Limited?

    Currently 5 directors are associated with Jet Lite (India) Limited.

    • Barimar Ashok Kumar
    • Gaurang Ananda Shetty
    • Archana Capoor
    • Naresh Jagdishrai Goyal
    • Iftikhar Mustafahasan Kadri
  • What is the registered address of Jet Lite (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Jet Lite (India) Limited is Siroya Centre Sahar Airport Road, Andheri (East) India, Mumbai, Maharashtra, 400099.

  • What is the corporate identification number (CIN) and company number of Jet Lite (India) Limited?

    The corporate identification number (CIN) of Jet Lite (India) Limited is U62100MH1991PLC177728 and the company number is 177728 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Jet Lite (India) Limited?

    The Official website of Jet Lite (India) Limited is https://www.jetlite.com

  • What has been the recent revenue trend for Jet Lite (India) Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Jet Lite (India) Limited has risen by 6.34%.

  • How many employees does Jet Lite (India) Limited currently have?

    As Per 2018 financial reports, 615 employees are currently employed by Jet Lite (India) Limited.

  • What change has been observed in the net worth of Jet Lite (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Jet Lite (India) Limited has experienced an downturn of -21.44%.

  • When was the last Balance Sheet of Jet Lite (India) Limited filed with the ROC?

    The most recent Balance Sheet for Jet Lite (India) Limited was filed with the ROC on 31 Mar 2018.

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