Ares Travels Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 3.00 M
- Company Age 31 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.00 M
- Revenue Growth 161.52%
- Profit Growth 46.72%
- Ebitda 57.06%
- Net Worth -12.42%
- Total Assets -3.34%
About Ares Travels
Ares Travels Private Limited (ATPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 October 1993 and has a history of 31 years and four months. Its registered office is in Kolkata, West Bengal, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 3.00 M.
The company has closed loans amounting to ₹2.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Anil Punjabi and Neeta Punjabi serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U63040WB1993PTC060336
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Company No.
060336
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
05 Oct 1993
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Ares Travels?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Punjabi
|
Director | 05-Oct-1993 | Current |
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Neeta Punjabi
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Director | 02-May-1996 | Current |
Financial Performance of Ares Travels.
Ares Travels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 161.52% increase. The company also saw a substantial improvement in profitability, with a 46.72% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.42%.
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What is the Ownership and Shareholding Structure of Ares Travels?
In 2020, Ares Travels had a promoter holding of 76.63% and a public holding of 23.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sindhi Merchants AssociationAnil Punjabi is a mutual person
Charges (Loans)
₹0
₹2.00 M
Charges Breakdown by Lending Institutions
- State Bank Of Bikaner And Jaipur : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2009 | State Bank Of Bikaner And Jaipur | ₹2.00 M | Satisfied |
How Many Employees Work at Ares Travels?
Unlock and access historical data on people associated with Ares Travels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ares Travels, 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 Ares Travels's trajectory.
Rating
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
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.
