Travel Elect India Private Limited

Founded in 2011 and headquartered in Maharashtra, India.

2011 | Pune, Maharashtra (India) | Active
Last Updated: July 25, 2024

Travel Elect India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.13 Cr
  • Revenue Growth 55.42%
  • Profit Growth -40.44%
  • Ebitda -21.65%
  • Net Worth 32.53%
  • Total Assets 1.09%

About Travel Elect India

Travel Elect India Private Limited (TEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 April 2011 and has a history of 13 years and nine months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as E L Travel Elect 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.13 Cr.

Kaiser Shaikh, Mehboob Shaikh, and Sumaiya Shaikh serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    travelect.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63090PN2011PTC139351

  • Company No.

    139351

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Transport and Logistics

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

Board Members (3)

Name Designation Appointment Date Status
Mehboob Shaikh Country flag representing In Director 27-Apr-2011 Current
Kaiser Shaikh Country flag representing In Director 09-Mar-2012 Current
Sumaiya Shaikh Country flag representing In Director 16-Nov-2018 Current

Financial Performance of Travel Elect India.

Travel Elect India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.42% increase. The company also saw a substantial fall in profitability, with a 40.44% decrease in profit. The company's net worth Soared by an impressive increase of 32.53%.

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
55.42%
Revenue from Operations
55.65%
Total Assets
1.09%
Profit or Loss
-40.44%
Net Worth
32.53%
EBITDA
-21.65%

What is the Ownership and Shareholding Structure of Travel Elect India?

In 2023, Travel Elect India 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

₹21.31 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.13 Cr

Latest Charge Details

Date Lender Amount Status
24 Nov 2020 Others ₹2.30 M Open
15 Mar 2017 Others ₹9.01 M Open
26 Feb 2013 Others ₹1.00 Cr Open

How Many Employees Work at Travel Elect India?

Unlock and access historical data on people associated with Travel Elect India, 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 Travel Elect 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 Travel Elect 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 Travel Elect India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Travel Elect India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.30 M with Charge ID 100397399 was registered on 24 Nov 2020.

    24 Nov 2020

  • Charges

    A charge with Others of Rs. 10.00 M registered on 26 Feb 2013 with Charge ID 10468712 was modified on 09 Dec 2019.

    09 Dec 2019

  • Director Appointment

    Sumaiya Mehboob Shaikh was appointed as a Director was appointed as a Director on 16 Nov 2018 & has been associated with this company since 6 years 3 months .

    16 Nov 2018

  • Charges

    A charge with Others of Rs. 9.01 M registered on 15 Mar 2017 with Charge ID 100134794 was modified on 25 Jul 2018.

    25 Jul 2018

Frequently asked questions

  • Travel Elect India Private Limited was incorporated on 27 Apr 2011.

  • The authorized share capital of Travel Elect India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Travel Elect India Private Limited.

    • Kaiser Mehboob Shaikh
    • Mehboob Mohammad Shaikh
    • Sumaiya Mehboob Shaikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Travel Elect India Private Limited is 307 3Rd FloorBuilding No. 1 Gera Gardens 7/A Koregaon Park RoadNear St. Mira'S Colle, Ge Road, Pune, Maharashtra, India, 411001.

  • The corporate identification number (CIN) of Travel Elect India Private Limited is U63090PN2011PTC139351 and the company number is 139351 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Travel Elect India Private Limited is https://www.travelect.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Travel Elect India Private Limited has risen by 55.42%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Travel Elect India Private Limited has experienced an upsurge of 32.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Travel Elect India Private Limited amount to ₹ 2.13 Cr.

  • The most recent Balance Sheet for Travel Elect India Private Limited was filed with the ROC on 31 Mar 2023.

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