Air Travel Enterprises India Limited

Provides travel services such as ticketing, cargo handling, and hotel accommodations since 1984.

1984 | Thiruvananthapuram, Kerala (India) | Under Insolvency
Last Updated:

Air Travel Enterprises India Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 1.78 Cr
  • Company Age 41 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 70.09 Cr
  • Satisfied Charges ₹ 105.34 Cr
  • Revenue Growth 78.10%
  • Profit Growth 64.51%
  • Ebitda 61.16%
  • Net Worth -158.94%
  • Total Assets 0.80%

About Air Travel Enterprises India

Air Travel Enterprises India Limited (ATEIL) is Under Cirp company established on 14 Feb 1984 with its office registered at Thiruvananthapuram, Kerala, India and has been running since 41 Year, 1 Month with a paid up capital of 1.78 Cr. According to MCA records, 4 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Thiruvananthapuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63040KL1984PLC003918

  • Company No.

    003918

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 1984

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Travel and Hospitality
Transport and Logistics

Who are the key members and board of directors at Air Travel Enterprises India?

Executive Team (1)

NameDesignationAppointment DateStatus
Najeeb Mohammed Country flag representing In Managing Director29-Aug-2010Current

Board Members (3)

NameDesignationAppointment DateStatus
Zaheer Najeeb Country flag representing In Whole-Time Director 25-Aug-2008Current
Safar Iqbal Country flag representing In Director 22-Sep-2015Current
Kattakath Salim Country flag representing In Director 12-Jul-2019Current

Financial Performance of Air Travel Enterprises India.

Air Travel Enterprises India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.1% increase. The company also saw a substantial improvement in profitability, with a 64.51% increase in profit. The company's net worth observed a substantial decline by a decrease of 158.94%.

Air Travel Enterprises India revenue growth over time
Air Travel Enterprises India 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
78.10%
Revenue from Operations
30.40%
Total Assets
0.80%
Profit or Loss
64.51%
Net Worth
-158.94%
EBITDA
61.16%

What is the Ownership and Shareholding Structure of Air Travel Enterprises India?

In 2023, Air Travel Enterprises India had a promoter holding of 83.71% and a public holding of 16.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.09 Cr

Satisfied Charges

₹105.34 Cr

Charges Breakdown by Lending Institutions

  • Dhanlaxmi Bank Limited : 70.00 Cr
  • Gmac-Tcfc Finance Ltd. : 0.06 Cr
  • Gmac Tcfc Finance Limited : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2016Dhanlaxmi Bank Limited₹70.00 CrOpen
17 Jan 2003Gmac Tcfc Finance Limited₹0.10 MOpen
17 Jan 2003Gmac Tcfc Finance Limited₹0.08 MOpen
17 Jan 2003Gmac Tcfc Finance Limited₹0.15 MOpen
17 Jan 2003Gmac-Tcfc Finance Ltd.₹0.16 MOpen

How Many Employees Work at Air Travel Enterprises India?

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

Employee growth trends for Air Travel Enterprises India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Air Travel Enterprises India, 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 Air Travel Enterprises India'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 Air Travel Enterprises India

Recent activity within the organization

  • Charges

    A charge registered on 21 Dec 2021 via Charge ID 100522043 with Others was fully satisfied on 19 Apr 2024.

  • Charges

    A charge registered on 30 Nov 2004 via Charge ID 80017068 with Corporation Bank was fully satisfied on 19 Apr 2024.

  • Annual General Meeting

    Air Travel Enterprises India Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Air Travel Enterprises India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

  • Charges

    A charge with Others amounted to Rs. 0.51 Cr with Charge ID 100522043 was registered on 21 Dec 2021.

  • Director Appointment

    Kattakath Said Mohammed Salim was appointed as a Director was appointed as a Director on 12 Jul 2019 & has been associated with this company since 5 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Air Travel Enterprises India Limited?

    Air Travel Enterprises India Limited was incorporated on 14 Feb 1984.

  • What is authorized share capital and paid-up capital of Air Travel Enterprises India Limited?

    The authorized share capital of Air Travel Enterprises India Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.78 Cr.

  • Who are the current board members & directors of Air Travel Enterprises India Limited?

    Currently 4 directors are associated with Air Travel Enterprises India Limited.

    • Najeeb Ellias Mohammed
    • Zaheer Ellias Najeeb
    • Safar Iqbal
    • Kattakath Said Mohammed Salim
  • What is the registered address of Air Travel Enterprises India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Air Travel Enterprises India Limited is 1St Floor New Corporation Building, Palayam India, Trivandrum, Kerala, 695033.

  • What is the corporate identification number (CIN) and company number of Air Travel Enterprises India Limited?

    The corporate identification number (CIN) of Air Travel Enterprises India Limited is U63040KL1984PLC003918 and the company number is 003918 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Air Travel Enterprises India Limited?

    The Official website of Air Travel Enterprises India Limited is https://www.ate.travel

  • What has been the recent revenue trend for Air Travel Enterprises India Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Air Travel Enterprises India Limited has risen by 78.10%.

  • What change has been observed in the net worth of Air Travel Enterprises India Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Air Travel Enterprises India Limited has experienced an downturn of -158.94%.

  • What are the total open charges for Air Travel Enterprises India Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Air Travel Enterprises India Limited amount to ₹ 70.09 Cr.

  • When was the last Balance Sheet of Air Travel Enterprises India Limited filed with the ROC?

    The most recent Balance Sheet for Air Travel Enterprises India Limited was filed with the ROC on 31 Mar 2023.