Cochin International Airport Limited is a public limited company incorporated and domiciled in India. The company is engaged in the Airport and Allied operations. The company is mainly engaged in constructing, developing, setting up, commissioning, operating, managing, and maintaining an Airport of International standards with all modern facilities for domestic and International flight operations and all other related activities such as Cargo operation and incidental and ancillary activities to the above.
Cochin International Airport Limited is the first Greenfield airport in India to be built in partnership with the public and private sectors. It is also the world's first solar-powered airport. The project was the brainchild of Mr. V.J. Kurian IAS and he is the founder and Managing Director of the company.
Cochin International Airport Limited is the 4th largest airport in India in terms of international passenger traffic. As of now, there are mainly 24 airline companies that operate from Cochin International Airport Limited which facilitates direct connectivity to Sri Lanka, Singapore, Thailand, GCC countries, and Malaysia.
CIAL shares are listed on unlisted stocks. Cochin International Airport's share price keeps changing on a regular basis.
The company is now planning to make its presence in the hotel & hospitality industry by setting up a hotel project adjacent to the Airport in the land belonging to Cochin International Airport Limited.
CIN of CIAL |
U63033KL1994PLC007803 |
Registration Date of CIAL |
30 March 1994 |
Category / Sub-Category CIAL |
Company Limited by Shares / Indian Non-Government Company |
CIAL Registered office and contact details |
Room No:35, 4th Floor, GCDA Commercial Complex, Marine Drive, Ernakulam - 682 031 Telephone & Fax : 0484-2374154 |
CIAL Registrar and Transfer Agent Contact details |
M/s. S.K.D.C. Consultants Limited Kanapathy Towers, 3rd Floor, 1391/A1, Sathy Road, Ganapathy, Coimbatore, Tamil Nadu - 641 006 Telephone: 0422-2539835 / 36. |
| CIAL Outstanding Shares: | 47,82,18,350 |
| Face Value of CIAL Unlisted Share: | Rs. 10 Per Equity Share |
| ISIN of CIAL Unlisted Share: | INE02KH01019 |
| Lot Size of CIAL Unlisted Share: | 200 Shares |
| Current share price of Cochin International Airport: | Best in Industry |
| PAN Number of CIAL: | AAACC9658B |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Airport Operator |
5223 |
100% |
Sri. Pinarayi Vijayan (Chairman)
Adv. P. Rajeeve
Adv. K. Rajan
Dr. V. P. Joy IAS
Sri. E. K. Bharat Bhushan
Smt. Aruna Sundararajan
Sri. Yusuffali M.A.
Sri. N.V. George
Sri. E.M. Babu
Sri. S. Suhas IAS (Managing Director)
|
Name of the Company |
Subsidiary/Associate |
% of shares held |
|
Cochin International Aviation Services Limited |
Subsidiary |
99.99 |
|
CIAL Infrastructures Limited |
Subsidiary |
99.99 |
|
Air Kerala International Services Limited |
Subsidiary |
99.99 |
|
CIAL Duty-free and Retail Services Limited |
Subsidiary |
99.90 |
|
Kerala Waterways and Infrastructures Limited |
Associate |
49.99 |
|
S. No. |
Shareholders’ Name |
No. of Shares |
% of total Shares of the company |
|
1. |
Promoters Group |
12,42,40,197 |
32.47% |
|
2. |
Public Shareholding |
25,83,34,552 |
67.53% |
|
Total |
38,25,74,749 |
100% |
The Indian economy has emerged as the fastest-growing major economy in the world. Backed by robust democracy and resilient partnerships, our economy is expected to be one of the top three economic powers in the world over the next 12 -15 years. Air transport generates benefits to consumers and the economy at large by providing speedy connections between cities.
These simulated bridges in the air enable the economic flows of goods, investments, people and ideas that are the fundamental drivers of economic growth. A supportive policy framework coupled with the state-of-the-art infrastructure facilities at the leading airports, healthy competition among the airlines and an intensifying share of middle-income households has provided confident momentum to the aviation sector.
The Asia Pacific region is starting to open up again, but travel restrictions still impact key markets and Russia’s invasion of Ukraine adds additional challenges. After being closed to tourists for nearly two years amid Covid-related border controls, the Indian Aviation sector has started to open for vaccinated travelers. The government finally recognizes that rising vaccination and the reduced mortality associated with the Omicron variant of COVID-19 means it is time to reboot air travel.
During the last decades, the Indian Civil Aviation industry has emerged as one of the fastest-growing industries in the country. India has become the third-largest domestic aviation market in the world by 2024. To cater to the expanding air traffic, the Government of India has been working towards increasing the number of airports. The Ministry of Civil Aviation is responsible for formulating national aviation policies and programs.
India has envisaged increasing the number of operational airports to 190 - 200 by the financial year 2039 - 40 as against 153 operational airports in the year 2020. As of November 2019, 680 airplanes were in service in the fleet of scheduled Indian operators. Due to the rise in demand for air travel, India will need 1,100 commercial aircraft by 2027 and 2,380 airplanes by 2038. 28th Annual Report 2021-22 21 More major developments are forthcoming in the Indian aviation industry as a new player moves faster to launch and two airlines prepare to sign large aircraft deals.
CIAL shares are not listed but are available in the unlisted share market. Cochin International Airport's share price used to change on a regular basis.
The start-up LCC Akasa Air has cleared the final regulatory hurdle before beginning operations and plans to grow its fleet quickly. Air India appears to be close to placing long-overdue orders for fleet renewal, while Jet Airways is also evaluating aircraft deals to relaunch and grow its operations.
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Cochin International Airport Limited (CIAL) owns Cochin Airport in India
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We are unable to provide real-time data, including the current market value or share price of Cochin International Airport Limited (CIAL) or any other company.
The share price of CIAL fluctuates regularly in Indian Private Markets.
Cochin International Airport Limited (CIAL) is not listed on any public stock exchanges.
The net profit of CIAL was Rs.34.99 crore as of March 31, 2022
