Bit Air Travels Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.40 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.65 Cr
- Satisfied Charges ₹ 15.47 Cr
- Revenue Growth 206.66%
- Profit Growth 125.74%
- Ebitda 594.29%
- Net Worth 16.25%
- Total Assets 39.33%
About Bit Air Travels
Bit Air Travels Private Limited (BATPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 March 1995 and has a history of 29 years and ten months. Its registered office is in Bangaluru, 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 2.50 Cr and a paid-up capital of Rs 2.40 Cr.
The company currently has active open charges totaling ₹8.65 Cr. The company has closed loans amounting to ₹15.47 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahendrarama Manish, Mahendrarama Nitish, and Salian Mahendra serve as directors at the Company.
Company Details
-
Location
Bangaluru, Karnataka, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U06022KA1995PTC017448
-
Company No.
017448
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
27 Mar 1995
-
Date of AGM
29 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Bangalore
Industry
What products or services does Bit Air Travels Private Limited offer?
Bit Air Travels Private Limited offers a wide range of products and services, including Travel Service, Tour Packages, Domestic Tour, International Tour Packages, Car Rental, Outstation Car Rental, Freight Forwarding Services, Shipping Services.
Who are the key members and board of directors at Bit Air Travels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Salian Mahendra
|
Managing Director | 22-Jul-2003 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Mahendrarama Nitish
|
Director | 07-Mar-2013 | Current |
|
Mahendrarama Manish
|
Director | 04-Jan-2006 | Current |
Financial Performance of Bit Air Travels.
Bit Air Travels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 206.66% increase. The company also saw a substantial improvement in profitability, with a 125.74% increase in profit. The company's net worth Soared by an impressive increase of 16.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Bit Air Travels?
In 2023, Bit Air Travels 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)
-
_PRIVATE_LIMITED.webp)
-
Novus Mobility (Opc) Private LimitedMahendrarama Manish is a mutual person
-
Prashanthi Hotels Private Limited
Salian Mahendra is a mutual person
Charges (Loans)
₹8.65 Cr
₹15.47 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 5.20 Cr
- Others : 2.21 Cr
- State Bank Of India : 1.00 Cr
- Hdfc Bank Limited : 0.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 May 2024 | Hdfc Bank Limited | ₹0.82 M | Open |
| 15 May 2024 | Hdfc Bank Limited | ₹0.77 M | Open |
| 15 May 2024 | Hdfc Bank Limited | ₹0.77 M | Open |
| 06 Apr 2024 | Axis Bank Limited | ₹3.60 M | Open |
| 29 Feb 2024 | Axis Bank Limited | ₹1.34 Cr | Open |
How Many Employees Work at Bit Air Travels?
Bit Air Travels has a workforce of 72 employees as of Apr 07, 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 Bit Air 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 Bit Air 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.
