Promoter holding
64.27%
SA
Sovika Aviation Services Private Limited - Due diligence report
A 360° intelligence report on Sovika Aviation Services Private Limited: trust score, financial health, credit view, compliance, directors, g…
Sovika Aviation Services Private Limited — 360° Intelligence Report
Generated from MCA filings & public records48/100
Trust Score
Caution Indicated
Sovika Aviation Services Private Limited is assessed as Caution Indicated with a Trust Score of 48/100. Sovika Aviation Services Private Limited is a private limited indian non-government company incorporated in 2007, operating in the Transport and Logistics sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and moderate financial risk profile.
Report generated on 13 Jun 2026 from the latest processed filings. Sovika Aviation Services Private Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
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Score Card
Higher is safer · rule-based & explainableTrust ScoreCaution Indicated
48/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
35/100
Early-warning signals - higher means fewer warnings.
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Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
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Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 55/100 Moderate
- Negative operating earnings - debt service depends on external support.
- Profitable - internal accruals available.
- Externally credit-rated (D).
Charges position: 27 open (109.64 cr) · 1 satisfied (288.12 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Idbi Trusteeship Services Limited | 1 | 48.0 cr |
| Others | 9 | 48.0 cr |
| Union Bank Of India | 10 | 48.0 cr |
| Hdfc Bank Limited | 8 | 48.0 cr |
Compliance Score: 5/100 Caution Indicated
- Company status is "Under Cirp" - not Active.
- Marked ACTIVE non-compliant (INC-22A).
- Last balance sheet is for Mar 2023 - filings overdue.
- Flagged by authority: NCLT.
- Litigation present in 4 court forum(s).
- 7 active GST registration(s).
Legal cases on record (4)
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Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SOHAN CHOTALAL MEHTA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ASHOK KUMAR GOLECHHA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SHIRISH KHUSHALCHAND DESAI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 3 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2019)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 8 transfer(s)
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Nexus Flight Operations India Private Limited | Associate Company | 74.00% |
Full shareholding pattern, group structure & capital events →
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Risk Intelligence Center
Growth 60 · Distress 35
Growth signals & trust indicators
Latest year revenue grew 38%.
Profit expanded 1.42 year-on-year.
Operating for 18+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Under Cirp.
Compliance score is weak (5/100).
27 open charge(s) registered - assets are encumbered.
4 court case(s) on record - see the legal section for details.
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Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence27/100
Caution indicated
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment41/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 27 open charge(s) of 109.64 cr already registered.
- Compliance gaps should be priced into terms.
Investor view54/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
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MCA Filings & Events Timeline
Latest 15 events27 Mar 2024
Director appointed
ASHOK KUMAR GOLECHHA (IRP/RP/Liquidator)
16 Dec 2023
Last AGM held
Annual general meeting
09 Nov 2023
Charge satisfied
Idbi Trusteeship Services Limited
31 Mar 2023
Latest balance sheet
Filed with ROC
10 Sep 2020
Charge created
Others - 40.47 Lakh
24 Jul 2020
Charge created
Others - 70.00 Lakh
25 Mar 2019
Director ceased
SANDEEP VIPINCHANDRA MANIAR
05 Jan 2018
Charge created
Others - 30.00 cr
30 Sep 2016
Director ceased
SOHAN CHOTALAL MEHTA
06 May 2016
Charge created
Others - 19.99 Lakh
11 Apr 2016
Charge created
Others - 9.00 Lakh
31 Mar 2016
Share transfer (FY 2016)
105000.00000000 shares to Khushalchand Shirish
Share transfer (FY 2016)
2000.00000000 shares to Khushalchand Shirish
Share transfer (FY 2016)
100.00000000 shares to Khushalchand Shirish
Share transfer (FY 2016)
4900.00000000 shares to Khushalchand Shirish
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Key Observations
Auto-generated from the data aboveRevenue declined 2.1x over the last 4 financial year(s).
3 active director(s) / partner(s); board looks stable and experienced.
7 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of D from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Sovika Aviation Services Private Limited before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Sovika Aviation Services Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Enhanced diligence advised. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 60/100, margin trends, ownership structure and peer set for Sovika Aviation Services Private Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Caution indicated. Trust score 48/100, distress signals and MSME payment-delay disclosures - know whether Sovika Aviation Services Private Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Sovika Aviation Services Private Limited - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Sovika Aviation Services Private Limited an active company?
Sovika Aviation Services Private Limited has MCA status “Under Cirp” with a compliance score of 5/100 (Caution Indicated).
Is Sovika Aviation Services Private Limited financially healthy?
Sovika Aviation Services Private Limited has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.
Should I do business with Sovika Aviation Services Private Limited?
Its overall Trust Score is 48/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Sovika Aviation Services Private Limited?
Promoters hold a minority stake - exact percentages are in the full report. 3 active director(s) are on record.
Does Sovika Aviation Services Private Limited have loans or charges against its assets?
27 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.
Is Sovika Aviation Services Private Limited up to date with its ROC filings?
Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 5/100 (Caution Indicated).
Is it risky to lend to Sovika Aviation Services Private Limited?
Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Enhanced diligence advised.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
