

Karnavati Aviation Profile
Key Indicators
- Authorised Capital ₹ 45.00 Cr
- Paid Up Capital ₹ 45.00 Cr
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 279.07 Cr
- Revenue Growth 141.83%
- Profit Growth -49.27%
- Ebitda 107.20%
- Net Worth 62.84%
- Total Assets 210.61%
About Karnavati Aviation
Karnavati Aviation Private Limited (KAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 July 2007 and has a history of 17 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Gujarat Adani Aviation Private 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 2023. It's a company limited by shares with an authorized capital of Rs 45.00 Cr and a paid-up capital of Rs 45.00 Cr.
The company has closed loans amounting to ₹279.07 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Karnavati Aviation Private Limited India are Piyush Gandhi as CFO and Komal Jain as Company Secretary. Satwindersing Bhatti, Nirav Bhatt, and Saroj Mohapatra serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63090GJ2007PTC051309
- Company No.
051309
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jul 2007
- Date of AGM
27 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Karnavati Aviation?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Piyush Gandhi ![]() | CFO | 21-Oct-2022 | Current |
Komal Jain | Company Secretary | 13-Oct-2023 | Current |
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Satwindersing Bhatti ![]() | Director | 11-Jul-2007 | Current |
Nirav Bhatt ![]() | Director | 18-Nov-2021 | Current |
Saroj Mohapatra ![]() | Director | 18-Nov-2021 | Current |
Financial Performance of Karnavati Aviation.
Karnavati Aviation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 141.83% increase. The company also saw a substantial fall in profitability, with a 49.27% decrease in profit. The company's net worth Soared by an impressive increase of 62.84%.


- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Karnavati Aviation?
In 2023, Karnavati 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)
- Mundra International Airport Limited
Saroj Mohapatra is a mutual person
Charges (Loans)
₹0
₹279.07 Cr
Charges Breakdown by Lending Institutions
- Bank Of America National Association : 117.85 Cr
- Export Development Canada : 87.23 Cr
- Yes Bank Limited : 74.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
01 Feb 2013 | Bank Of America National Association | ₹117.85 Cr | Satisfied |
28 Oct 2009 | Export Development Canada | ₹87.23 Cr | Satisfied |
28 May 2008 | Yes Bank Limited | ₹74.00 Cr | Satisfied |
How Many Employees Work at Karnavati Aviation?
Karnavati Aviation has a workforce of 40 employees as of Mar 31, 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 Karnavati 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 Karnavati 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 Karnavati Aviation
Recent activity within the organization
- Director Appointment
Komal Hirenkumar Jain was appointed as a Company Secretary was appointed as a Company Secretary on 13 Oct 2023 & has been associated with this company since 1 year 7 months .
- Annual General Meeting
Karnavati Aviation Private Limited last Annual general meeting of members was held on 27 Jul 2023 as per latest MCA records.
- Balance Sheet
Karnavati Aviation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Director Appointment
Piyush Babulal Gandhi was appointed as a Cfo was appointed as a Cfo on 21 Oct 2022 & has been associated with this company since 2 years 6 months .
- Director Appointment
Nirav Dilipbhai Bhatt was appointed as a Director was appointed as a Director on 18 Nov 2021 & has been associated with this company since 3 years 5 months .
- Director Appointment
Saroj Kumar Mohapatra was appointed as a Director was appointed as a Director on 18 Nov 2021 & has been associated with this company since 3 years 5 months .
Recent News, Updates & Announcement
- Adani Group Denies Bribery Allegations, JP Morgan Report Supports Transparency in India's Renewable Energy Sector.
Adani Group denies bribery allegations from US DoJ, says report is false. JP Morgan report also states that bribery is unlikely due to transparency in renewable energy sector in India. Adani Green Energy Ltd aware of investigation but has no relationship with third party involved. JP Morgan believes there will be no financial impact even if investigation leads to prosecution. Transparency in India's renewable energy tenders makes corruption and bribery highly unlikely. Disclaimer: This post is from an agency feed and has not been reviewed by an editor..
- 'False': Adani Group denies getting any notice from US court on bribery allegations.
Several of Adani Group’s dollar bonds fell the most in more than a year on Monday, and most of the group’s shares declined..
- Adani to invest 70 pc of total investments in green energy: Sources.
New Delhi, March 18: The Adani Group is expected to invest more than 70 per cent of its total investments towards green energy, including renewable power, green hydrogen, and green evacuation transmission line, sources said..
Frequently asked questions
What is the Incorporation or founding date of Karnavati Aviation Private Limited?
Karnavati Aviation Private Limited was incorporated on 11 Jul 2007.
What is authorized share capital and paid-up capital of Karnavati Aviation Private Limited?
The authorized share capital of Karnavati Aviation Private Limited is ₹ 45.00 Cr and paid-up capital is ₹ 45.00 Cr.
Who are the current board members & directors of Karnavati Aviation Private Limited?
Currently 5 directors are associated with Karnavati Aviation Private Limited.
- Satwindersing Karamsingh Bhatti
- Nirav Dilipbhai Bhatt
- Saroj Kumar Mohapatra
- Piyush Babulal Gandhi
- Komal Hirenkumar Jain
What is the registered address of Karnavati Aviation Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karnavati Aviation Private Limited is Adani Corporate House Shantigram, Near Vaishno Devi Circle S. G. Highway Khodiyar, Ahmedabad, Gujarat, India, 382421.
What is the corporate identification number (CIN) and company number of Karnavati Aviation Private Limited?
The corporate identification number (CIN) of Karnavati Aviation Private Limited is U63090GJ2007PTC051309 and the company number is 051309 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karnavati Aviation Private Limited?
The Official website of Karnavati Aviation Private Limited is https://www.adani.com
What has been the recent revenue trend for Karnavati Aviation Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Karnavati Aviation Private Limited has risen by 141.83%.
How many employees does Karnavati Aviation Private Limited currently have?
As Per 2023 financial reports, 40 employees are currently employed by Karnavati Aviation Private Limited.
What change has been observed in the net worth of Karnavati Aviation Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Karnavati Aviation Private Limited has experienced an upsurge of 62.84%.
When was the last Balance Sheet of Karnavati Aviation Private Limited filed with the ROC?
The most recent Balance Sheet for Karnavati Aviation Private Limited was filed with the ROC on 31 Mar 2023.
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