Avancer Travel Solution Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 29-07-2024
- Paid Up Capital ₹ 0.10 M
as on 29-07-2024
- Company Age 11 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.15 Cr
as on 29-07-2024
- Revenue 325.41%
(FY 2023)
- Profit 594.85%
(FY 2023)
- Ebitda 215.70%
(FY 2023)
- Net Worth 265.54%
(FY 2023)
- Total Assets 209.70%
(FY 2023)
About Avancer Travel Solution
The Corporate was formerly known as Travelex Tours And Travels Private Limited. 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹2.15 Cr.
Sethu Korath and Manjesh Kumar serve as directors at the Company.
- CIN/LLPIN
U63040KL2013PTC034351
- Company No.
034351
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Jun 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Avancer Travel Solution?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sethu Korath  | Managing Director | 20-Jun-2013 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manjesh Kumar | Director | 20-Jun-2013 | Current |
Financial Performance of Avancer Travel Solution.
Avancer Travel Solution Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 325.41% increase. The company also saw a substantial improvement in profitability, with a 594.85% increase in profit. The company's net worth Soared by an impressive increase of 265.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avancer Travel Solution?
In 2023, Avancer Travel Solution had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 08 Jan 2024 | ₹3.44 M | Open |
Others Creation Date: 27 Dec 2023 | ₹5.80 M | Open |
Others Creation Date: 02 Nov 2023 | ₹3.69 M | Open |
How Many Employees Work at Avancer Travel Solution?
Avancer Travel Solution has a workforce of 11 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avancer Travel Solution, 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 Avancer Travel Solution'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.
