Pinnacle Air Private Limited

Provides business class charter flights, aviation consulting, aircraft sales and management, and pilgrimage charter services.

2004 | Delhi (India) | Active
Last Updated: October 24, 2024

Pinnacle Air Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.20 M
  • Revenue Growth 78.09%
  • Profit Growth -322.89%
  • Ebitda 47.27%
  • Net Worth -8.03%
  • Total Assets 53.48%

About Pinnacle Air

Pinnacle Air Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 December 2004 and has a history of 20 years and two months. Its registered office is in Delhi, 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 15.00 Cr and a paid-up capital of Rs 15.00 Cr.

The company currently has active open charges totaling ₹2.20 M.

The Key Managerial Personnel (KMP) at Pinnacle Air Private Limited India is Garima as COMPANY SECRETARY. Sandeep Saraf and Subrata Ghosh serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pinnacleair.org

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U62100DL2004PTC131385

  • Company No.

    131385

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

Who are the key members and board of directors at Pinnacle Air?

Executive Team (1)

NameDesignationAppointment DateStatus
Garima Company SecretaryCurrent

Board Members (2)

NameDesignationAppointment DateStatus
Subrata Ghosh Country flag representing In Director 12-Jan-2024Current
Sandeep Saraf Country flag representing In Director 14-Sep-2021Current

Financial Performance of Pinnacle Air.

Pinnacle Air Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.09% increase. The company also saw a substantial fall in profitability, with a 322.89% decrease in profit. The company's net worth dipped by a decrease of 8.03%.

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
78.09%
Revenue from Operations
91.24%
Total Assets
53.48%
Profit or Loss
-322.89%
Net Worth
-8.03%
EBITDA
47.27%

What is the Ownership and Shareholding Structure of Pinnacle Air?

In 2023, Pinnacle Air 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

₹0.22 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
22 Sep 2022Others₹1.10 MOpen
22 Sep 2022Others₹1.10 MOpen

How Many Employees Work at Pinnacle Air?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pinnacle Air, 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 Pinnacle Air'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 Pinnacle Air

Recent activity within the organization

  • Director Appointment

    Subrata Ghosh was appointed as a Director was appointed as a Director on 12 Jan 2024 & has been associated with this company since 1 year 1 month .

    12 Jan 2024

  • Annual General Meeting

    Pinnacle Air Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pinnacle Air Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100624534 was registered on 22 Sep 2022.

    22 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100624915 was registered on 22 Sep 2022.

    22 Sep 2022

  • Director Appointment

    Sandeep Saraf was appointed as a Director was appointed as a Director on 14 Sep 2021 & has been associated with this company since 3 years 5 months .

    14 Sep 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Pinnacle Air Private Limited was incorporated on 20 Dec 2004.

  • The authorized share capital of Pinnacle Air Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 15.00 Cr.

  • Currently 3 directors are associated with Pinnacle Air Private Limited.

    • Sandeep Saraf
    • Subrata Ghosh
    • Garima
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pinnacle Air Private Limited is T-15 2Nd Floor, Green Park Main India, New Delhi, 110016.

  • The corporate identification number (CIN) of Pinnacle Air Private Limited is U62100DL2004PTC131385 and the company number is 131385 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pinnacle Air Private Limited is https://www.pinnacleair.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pinnacle Air Private Limited has risen by 78.09%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pinnacle Air Private Limited has experienced an downturn of -8.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pinnacle Air Private Limited amount to ₹ 2.20 M.

  • The most recent Balance Sheet for Pinnacle Air Private Limited was filed with the ROC on 31 Mar 2023.

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