Erco Travels Private Limited

Tour operator offering packages to various destinations with global network and government recognition.

1999 | Delhi (India) | Active
Last Updated: October 23, 2024

Erco Travels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.25 Cr
  • Satisfied Charges ₹ 3.80 Cr
  • Revenue Growth 449.52%
  • Profit Growth 5852.26%
  • Ebitda 236.51%
  • Net Worth 186.95%
  • Total Assets -6.88%

About Erco Travels

Erco Travels Private Limited (ETPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 March 1999 and has a history of 25 years and ten months. Its registered office is in Delhi, 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 5.00 M and a paid-up capital of Rs 1.10 M.

The company currently has active open charges totaling ₹3.25 Cr. The company has closed loans amounting to ₹3.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Gosain and Manju Gosain serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63040DL1999PTC098783

  • Company No.

    098783

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

Who are the key members and board of directors at Erco Travels?

Board Members (2)

Name Designation Appointment Date Status
Ravi Gosain Country flag representing In Director 11-Mar-1999 Current
Manju Gosain Country flag representing In Director 17-Aug-2012 Current

Financial Performance of Erco Travels.

Erco Travels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 449.52% increase. The company also saw a substantial improvement in profitability, with a 5852.26% increase in profit. The company's net worth Soared by an impressive increase of 186.95%.

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
449.52%
Revenue from Operations
504.75%
Total Assets
-6.88%
Profit or Loss
5852.26%
Net Worth
186.95%
EBITDA
236.51%

What is the Ownership and Shareholding Structure of Erco Travels?

In 2023, Erco 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.45 M

Satisfied Charges

₹37.95 M

Charges Breakdown by Lending Institutions

  • Others : 3.25 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2023 Others ₹4.95 M Open
26 Feb 2020 Others ₹2.75 Cr Open
03 Jul 2017 Others ₹6.95 M Satisfied
24 Jul 2013 Yes Bank Limited ₹1.60 Cr Satisfied
25 Feb 2011 Citibank N.A ₹8.00 M Satisfied

How Many Employees Work at Erco Travels?

Erco Travels has a workforce of 14 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Erco 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 Erco Travels'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 Erco Travels

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 4.95 M with Charge ID 100802561 was registered on 30 Sep 2023.

    30 Sep 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Erco Travels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 27.50 M registered on 26 Feb 2020 with Charge ID 100336236 was modified on 23 Jul 2020.

    23 Jul 2020

  • Charges

    A charge registered on 03 Jul 2017 via Charge ID 100112469 with Others was fully satisfied on 03 Jun 2020.

    03 Jun 2020

  • Charges

    A charge registered on 24 Jul 2013 via Charge ID 10446480 with Yes Bank Limited was fully satisfied on 16 May 2020.

    16 May 2020

Frequently asked questions

  • Erco Travels Private Limited was incorporated on 11 Mar 1999.

  • The authorized share capital of Erco Travels Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.10 M.

  • Currently 2 directors are associated with Erco Travels Private Limited.

    • Ravi Raman Singh Gosain
    • Manju Gosain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Erco Travels Private Limited is 917 9Th Floor Tower-A Nextra-The Address Plot No. 4 B District Centre, Mayur Vihar Phase-1 Extension India, East Delhi, 110091.

  • The corporate identification number (CIN) of Erco Travels Private Limited is U63040DL1999PTC098783 and the company number is 098783 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Erco Travels Private Limited is https://www.ercotravels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Erco Travels Private Limited has risen by 449.52%.

  • As Per 2023 financial reports, 14 employees are currently employed by Erco Travels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Erco Travels Private Limited has experienced an upsurge of 186.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Erco Travels Private Limited amount to ₹ 3.25 Cr.

  • The most recent Balance Sheet for Erco Travels Private Limited was filed with the ROC on 31 Mar 2023.

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