Sovika Airline Services Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 5.54 Cr
- Company Age 32 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 85.00 Cr
- Revenue Growth %
- Profit Growth 2855.43%
- Ebitda 84.07%
- Net Worth 140.38%
- Total Assets 317.77%
About Sovika Airline Services
Sovika Airline Services Limited (SASL) is a Public Limited Indian Non-Government Company incorporated in India on 06 November 1992 and has a history of 32 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Sovika Infotek 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 2024. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 5.54 Cr.
The company currently has active open charges totaling ₹85.00 Cr.
Shirish Desai, Sahil Mehta, and Sohan Mehta 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
U62200MH1992PLC069455
- Company No.
069455
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Nov 1992
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
Who are the key members and board of directors at Sovika Airline Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shirish Desai  | Director | 01-Jan-1994 | Current |
| Sahil Mehta | Director | 02-Jan-2000 | Current |
| Sohan Mehta | Director | 06-Nov-1992 | Current |
Financial Performance of Sovika Airline Services.
Sovika Airline Services Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 2855.43% increase in profit. The company's net worth Soared by an impressive increase of 140.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sovika Airline Services?
In 2022, Sovika Airline Services had a promoter holding of 13.12% and a public holding of 86.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sanghvi Organics Pvt LtdShirish Desai and Sohan Mehta are mutual person
Brring2.0 Consumer Brands Private LimitedSahil Mehta is a mutual person
- Brring Integrated Logistics Private Limited
Sahil Mehta is a mutual person
- Brring Distribution Solutions Private Limited
Sahil Mehta is a mutual person
Sky High Airport Services Private LimitedSahil Mehta is a mutual person
- Aircrew Technical Services Llp
Shirish Desai, Sahil Mehta and 1 more are mutual person
Charges (Loans)
Open Charges
₹85.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 69.00 Cr
- Central Bank Of India : 16.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2019 | Others | ₹69.00 Cr | Open |
| 26 Sep 2012 | Central Bank Of India | ₹16.00 Cr | Open |
How Many Employees Work at Sovika Airline Services?
Unlock and access historical data on people associated with Sovika Airline Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sovika Airline Services, 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 Sovika Airline Services'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 Sovika Airline Services
Recent activity within the organization
- Annual General Meeting
Sovika Airline Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Sovika Airline Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 69.00 Cr with Charge ID 100256494 was registered on 29 Mar 2019.
- Charges
A charge with Central Bank Of India amounted to Rs. 16.00 Cr with Charge ID 10387000 was registered on 26 Sep 2012.
- Director Appointment
Sahil Sohan Mehta was appointed as a Director was appointed as a Director on 02 Jan 2000 & has been associated with this company since 25 years 2 months .
- Director Appointment
Shirish Khushalchand Desai was appointed as a Director was appointed as a Director on 01 Jan 1994 & has been associated with this company since 31 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Sovika Airline Services Limited?
Sovika Airline Services Limited was incorporated on 06 Nov 1992.
What is authorized share capital and paid-up capital of Sovika Airline Services Limited?
The authorized share capital of Sovika Airline Services Limited is ₹ 12.00 Cr and paid-up capital is ₹ 5.54 Cr.
Who are the current board members & directors of Sovika Airline Services Limited?
Currently 3 directors are associated with Sovika Airline Services Limited.
- Shirish Khushalchand Desai
- Sahil Sohan Mehta
- Sohan Chotalal Mehta
What is the registered address of Sovika Airline Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sovika Airline Services Limited is B/2 Parekh Mahal 30 - Veer Nariman Road India, Mumbai, Maharashtra, 400020.
What is the corporate identification number (CIN) and company number of Sovika Airline Services Limited?
The corporate identification number (CIN) of Sovika Airline Services Limited is U62200MH1992PLC069455 and the company number is 069455 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sovika Airline Services Limited?
The Official website of Sovika Airline Services Limited is https://www.sovikagroup.com
What change has been observed in the net worth of Sovika Airline Services Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Sovika Airline Services Limited has experienced an upsurge of 140.38%.
What are the total open charges for Sovika Airline Services Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Sovika Airline Services Limited amount to ₹ 85.00 Cr.
When was the last Balance Sheet of Sovika Airline Services Limited filed with the ROC?
The most recent Balance Sheet for Sovika Airline Services Limited was filed with the ROC on 31 Mar 2024.