Absolute Journey Private Limited

Travel agency offering tour packages, foreign exchange services, and travel arrangements since 2016 in Bangalore.

2016 | Bangalore, Karnataka (India) | Active
Last Updated: July 16, 2024

Absolute Journey Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.27 Cr
  • Revenue Growth 149.91%
  • Profit Growth 128.02%
  • Ebitda 397.20%
  • Net Worth 36.48%
  • Total Assets 13.05%

About Absolute Journey

Absolute Journey Private Limited (AJPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 15 February 2016 (Eight years and 11 months 25 days old ). Its registered office is in Bangalore, Karnataka, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.12 M.

The company currently has active open charges totaling ₹7.27 Cr.

Sridhar Srinivasan, Leena Noronha, and Pradeep Noronha serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040KA2016PTC086164

  • Company No.

    086164

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics

Who are the key members and board of directors at Absolute Journey?

Board Members (3)

Name Designation Appointment Date Status
Pradeep Noronha Country flag representing In Director 24-Sep-2016 Current
Leena Noronha Country flag representing In Director 15-Feb-2016 Current
Sridhar Srinivasan Country flag representing In Director 20-Apr-2022 Current

Financial Performance of Absolute Journey.

Absolute Journey Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 149.91% increase. The company also saw a substantial improvement in profitability, with a 128.02% increase in profit. The company's net worth Soared by an impressive increase of 36.48%.

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
149.91%
Revenue from Operations
158.35%
Total Assets
13.05%
Profit or Loss
128.02%
Net Worth
36.48%
EBITDA
397.20%

What is the Ownership and Shareholding Structure of Absolute Journey?

In 2022, Absolute Journey had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹72.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 7.27 Cr

Latest Charge Details

Date Lender Amount Status
01 Dec 2018 Axis Bank Limited ₹7.27 Cr Open

How Many Employees Work at Absolute Journey?

Unlock and access historical data on people associated with Absolute Journey, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Absolute Journey, 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 Absolute Journey'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 Absolute Journey

Recent activity within the organization

  • Annual General Meeting

    Absolute Journey Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Absolute Journey Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Sridhar Belur Srinivasan was appointed as a Director was appointed as a Director on 20 Apr 2022 & has been associated with this company since 2 years 9 months .

    20 Apr 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 72.70 M registered on 01 Dec 2018 with Charge ID 100227283 was modified on 23 Jul 2021.

    23 Jul 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 72.70 M with Charge ID 100227283 was registered on 01 Dec 2018.

    01 Dec 2018

  • Director Appointment

    Pradeep Mathew Noronha was appointed as a Director was appointed as a Director on 24 Sep 2016 & has been associated with this company since 8 years 4 months .

    24 Sep 2016

Frequently asked questions

  • Absolute Journey Private Limited was incorporated on 15 Feb 2016.

  • The authorized share capital of Absolute Journey Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.12 M.

  • Currently 3 directors are associated with Absolute Journey Private Limited.

    • Sridhar Belur Srinivasan
    • Leena Pradeep Noronha
    • Pradeep Mathew Noronha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Absolute Journey Private Limited is 67/1B 4Th Cross Lavelle Road, Bangalore, Karnataka, India, 560001.

  • The corporate identification number (CIN) of Absolute Journey Private Limited is U63040KA2016PTC086164 and the company number is 086164 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Absolute Journey Private Limited is https://www.theabsolutejourney.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Absolute Journey Private Limited has risen by 149.91%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Absolute Journey Private Limited has experienced an upsurge of 36.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Absolute Journey Private Limited amount to ₹ 7.27 Cr.

  • The most recent Balance Sheet for Absolute Journey Private Limited was filed with the ROC on 31 Mar 2023.

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