Sovika Aviation Services Private Limited

Provides cargo forwarding services and has an agreement with Vistara Airlines for belly capacity.

2007 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 18, 2025

Sovika Aviation Services Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 109.64 Cr
  • Satisfied Charges ₹ 288.12 Cr
  • Revenue Growth 223.11%
  • Profit Growth 150.09%
  • Ebitda -950.01%
  • Net Worth 4.50%
  • Total Assets -77.08%

About Sovika Aviation Services

Sovika Aviation Services Private Limited (SASPL) is Under Cirp company established on 01 Nov 2007 with its office registered at Mumbai, Maharashtra, India and has been running since 17 Year, 3 Months with a paid up capital of 10.00 Cr. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74910MH2007PTC175582

  • Company No.

    175582

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Nov 2007

  • Date of AGM

    16 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Sovika Aviation Services?

Board Members (2)

Name Designation Appointment Date Status
Shirish Desai Country flag representing In Director 01-Nov-2007 Current
Sohan Mehta Country flag representing In Director 18-Nov-2015 Current

Financial Performance of Sovika Aviation Services.

Sovika Aviation Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 223.11% increase. The company also saw a substantial improvement in profitability, with a 150.09% increase in profit. The company's net worth moved up by a moderate rise of 4.5%.

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
223.11%
Revenue from Operations
Total Assets
-77.08%
Profit or Loss
150.09%
Net Worth
4.50%
EBITDA
-950.01%

What is the Ownership and Shareholding Structure of Sovika Aviation Services?

In 2023, Sovika Aviation Services had a promoter holding of 10.89% and a public holding of 89.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹109.64 Cr

Satisfied Charges

₹288.12 Cr

Charges Breakdown by Lending Institutions

  • Others : 80.61 Cr
  • Union Bank Of India : 27.06 Cr
  • Hdfc Bank Limited : 1.96 Cr

Latest Charge Details

Date Lender Amount Status
10 Sep 2020 Others ₹4.05 M Open
24 Jul 2020 Others ₹7.00 M Open
05 Jan 2018 Others ₹30.00 Cr Open
06 May 2016 Others ₹2.00 M Open
11 Apr 2016 Others ₹0.90 M Open

How Many Employees Work at Sovika Aviation Services?

Sovika Aviation Services has a workforce of 3 employees as of Apr 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sovika Aviation 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 Aviation Services'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 Sovika Aviation Services

Recent activity within the organization

  • Annual General Meeting

    Sovika Aviation Services Private Limited last Annual general meeting of members was held on 16 Dec 2023 as per latest MCA records.

    16 Dec 2023

  • Charges

    A charge registered on 30 Nov 2015 via Charge ID 10609710 with Idbi Trusteeship Services Limited was fully satisfied on 09 Nov 2023.

    09 Nov 2023

  • Balance Sheet

    Sovika Aviation Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100380808 was registered on 10 Sep 2020.

    10 Sep 2020

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100358457 was registered on 24 Jul 2020.

    24 Jul 2020

  • Charges

    A charge with Others of Rs. 8.50 Cr registered on 05 Jul 2014 with Charge ID 10512856 was modified on 06 Jun 2019.

    06 Jun 2019

Frequently asked questions

  • Sovika Aviation Services Private Limited was incorporated on 01 Nov 2007.

  • The authorized share capital of Sovika Aviation Services Private Limited is ₹ 12.50 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 2 directors are associated with Sovika Aviation Services Private Limited.

    • Shirish Khushalchand Desai
    • Sohan Chotalal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sovika Aviation Services Private Limited is 607 Dynasty Business Park A Wing Andheri Kurla Road, J B Nagar India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Sovika Aviation Services Private Limited is U74910MH2007PTC175582 and the company number is 175582 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sovika Aviation Services Private Limited is https://www.sovikagroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sovika Aviation Services Private Limited has risen by 223.11%.

  • As Per 2023 financial reports, 3 employees are currently employed by Sovika Aviation Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sovika Aviation Services Private Limited has experienced an upsurge of 4.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sovika Aviation Services Private Limited amount to ₹ 109.64 Cr.

  • The most recent Balance Sheet for Sovika Aviation Services Private Limited was filed with the ROC on 31 Mar 2023.

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