Orbit Aviation Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 38.55 Cr
- Company Age 17 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.60 Cr
- Satisfied Charges ₹ 147.25 Cr
- Revenue Growth 20.78%
- Profit Growth 1348.03%
- Ebitda 45.73%
- Net Worth 44.35%
- Total Assets -3.08%
About Orbit Aviation
Orbit Aviation Private Limited (OAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 June 2007 and has a history of 17 years and seven months. Its registered office is in Chandigarh, 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 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 38.55 Cr.
The company currently has active open charges totaling ₹15.60 Cr. The company has closed loans amounting to ₹147.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Orbit Aviation Private Limited India is Kanika as COMPANY SECRETARY. Gurmeher Majithia, Omkar Singh, and Gurcharan serve as directors at the Company.
Company Details
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Location
Chandigarh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U62200CH2007PTC030864
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Company No.
030864
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Jun 2007
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Orbit Aviation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kanika | Company Secretary | 23-Mar-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurmeher Majithia
|
Director | 29-Jun-2007 | Current |
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Omkar Singh
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Director | 01-Jul-2024 | Current |
|
Gurcharan
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Director | 22-Oct-2021 | Current |
Financial Performance of Orbit Aviation.
Orbit Aviation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.78% increase. The company also saw a substantial improvement in profitability, with a 1348.03% increase in profit. The company's net worth Soared by an impressive increase of 44.35%.
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What is the Ownership and Shareholding Structure of Orbit Aviation?
In 2023, Orbit Aviation had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Prime Air Ambulance Private LimitedGurmeher Majithia is a mutual person
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Saraya Renewable Energy Private LimitedGurmeher Majithia is a mutual person
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Nawanshahr Power Private Limited
Gurmeher Majithia is a mutual person
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Saraya Aviation Private Limited
Gurmeher Majithia is a mutual person
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Orbit Resorts Limited
Omkar Singh, Gurcharan and 1 more are mutual person
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Hoshiarpur National Transporter Pvt Ltd
Omkar Singh and Gurcharan are mutual person
Charges (Loans)
₹15.60 Cr
₹147.25 Cr
Charges Breakdown by Lending Institutions
- Others : 12.68 Cr
- Hdfc Bank Limited : 2.52 Cr
- Axis Bank Limited : 0.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2024 | Others | ₹1.00 Cr | Open |
| 29 Nov 2023 | Others | ₹5.55 M | Open |
| 31 Oct 2023 | Others | ₹5.00 M | Open |
| 29 Sep 2023 | Others | ₹3.33 M | Open |
| 01 Sep 2023 | Others | ₹3.26 M | Open |
How Many Employees Work at Orbit Aviation?
Orbit Aviation has a workforce of 27 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 Orbit 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 Orbit 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.
