Ventura Airconnect Limited - Due diligence report

A 360° intelligence report on Air Connect: trust score, financial health, credit view, compliance, directors, growth and distress signals - …

2010-07-01 Surat, Gujarat Active Unlisted Active Compliant
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VA Ventura Airconnect Limited
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  • Director details, charges & MCA documents
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Air Connect — 360° Intelligence Report

Generated from MCA filings & public records
72/100
Trust Score
Moderate

Air Connect is assessed as Moderate with a Trust Score of 72/100. Air Connect is an active public limited indian non-government company incorporated in 2010, operating in the Transport and Logistics sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 29 Jul 2026 from the latest processed filings. Ventura Airconnect Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Good

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.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
72/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
63/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 95/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 1.42).
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 63/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 1 court forum(s).
  • 2 auditor resignation(s) filed - latest: NITIN ISHVERLAL GHEEWALA on 2019-06-26.
  • Delayed payments to MSME suppliers disclosed (5 disclosure(s)).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 45/100
NameDIN / PANDesignationAppointedTenureDIN status
VISHALBHAI TULSHIBHAI CHITALIYA 01234567 Director 01/04/2018 6 yrs Approved
RAJESH HIMMAT DHOLAKIA 01234567 Director 01/04/2018 6 yrs Approved
DIVYESH BATUKBHAI SAKARIYA 01234567 Director 01/04/2018 6 yrs Approved
KAMLESH PRAVIN YAGNIK 01234567 Director 01/04/2018 6 yrs Approved
PRACHI DEVRAJ MODY 01234567 Director 01/04/2018 6 yrs Approved
NIRAV DINESHKUMAR NAROLA 01234567 Director 01/04/2018 6 yrs Approved
MAYANK SHARADKUMAR MEHTA 01234567 Director 01/04/2018 6 yrs Approved
Rekha Rani Naraniwal 01234567 Director 01/04/2018 6 yrs Approved
Rasleen Brar 01234567 Director 01/04/2018 6 yrs Approved
Nitinkumar Pravinbhai Savaliya 01234567 Director 01/04/2018 6 yrs Approved
  • 10 directors on the board.
  • DIVYESH BATUKBHAI SAKARIYA has DIN status "Disqualified by RoC u/s 164(2)".
  • 2 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2024 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Diamond Aeronautics Private Limited
Subsidiaries
-
Group entities
-
Capital events
2 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Diamond Aeronautics Private Limited Holding Company 74.00%

Key managerial personnel: DIVYESH BATUKBHAI SAKARIYA (Managing Director) · MAYANK SHARADKUMAR MEHTA (CFO) · Rasleen Brar (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Operating for 16+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
2 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 2,598.00.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence69/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment82/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
01 Jan 2026
Director appointed
Rekha Rani Naraniwal (Company Secretary)
01 Aug 2025
Director appointed
DIVYESH BATUKBHAI SAKARIYA (Managing Director)
Director appointed
Rasleen Brar (Managing Director)
Director appointed
Nitinkumar Pravinbhai Savaliya (Director)
31 Jul 2025
Director ceased
VISHALBHAI TULSHIBHAI CHITALIYA
Director ceased
NIRAV DINESHKUMAR NAROLA
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
12 Mar 2022
Director ceased
HARIBHAI VALLABHBHAI PATEL
14 Mar 2020
Director appointed
KAMLESH PRAVIN YAGNIK (Director)
18 Feb 2020
Director appointed
RAJESH HIMMAT DHOLAKIA (Director)
01 Sep 2019
Director appointed
PRACHI DEVRAJ MODY (Company Secretary)
13 Nov 2018
Director ceased
JAYESHKUMAR PURUSHOTTAMBHAI SUTARIYA
Director ceased
RAJESH HIMMAT DHOLAKIA
30 Sep 2018
Director ceased
ISHVERBHAI ARJANBHAI DHOLAKIYA
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
10 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Ashokleyland U66030TN2008PLC122350 Chennai, Tamil Nadu, India
Lp (India) Logistics Private Limited U63090MH2002PTC137315 Mumbai, Maharashtra, India
Procam Worldwide Logistics Private Limited U63010DL2010PTC210920 New Dehli, Delhi, India
Madurai Trans Carrier Limited U62100TN2013PLC094059 Chennai, Tamil Nadu, India
Air Shagoon (Network) Private Limited U63040DL2002PTC115750 New Delhi, Delhi, India
Round The Clock Logistics Private Limited U63013MH2006PTC165413 Mumbai, Maharashtra, India
Craftman Shipping Private Limited U63030MH2019PTC326222 Andheri East, Maharashtra, India
Aerotech Fms Private Limited U62200DL2009PTC194298 New Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Air Connect before audits and certifications: compliance score 63/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Air Connect: 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: Favourable lending indicators. Credit risk score 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Air Connect - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 72/100, distress signals and MSME payment-delay disclosures - know whether Air Connect pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Air Connect - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Air Connect an active company?

Air Connect has MCA status “Active” with a compliance score of 63/100 (Moderate).

Is Air Connect financially healthy?

Air Connect has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Air Connect?

Its overall Trust Score is 72/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Air Connect?

The ultimate holding entity is Diamond Aeronautics Private Limited. 10 active director(s) are on record.

Does Air Connect have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Air Connect up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 63/100 (Moderate).

Is it risky to lend to Air Connect?

Its Credit Risk Score is 95/100 (Low Risk). Banker verdict: Favourable lending indicators.

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.