Faremart Travels Private Limited

Travel agency and IT consulting services for tourists and travelers.

2016 | New Delhi (India) | Active
Last Updated: December 12, 2024

Faremart Travels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 39.49%
  • Profit Growth -106.46%
  • Ebitda -98.09%
  • Net Worth -21.90%
  • Total Assets 0.04%

About Faremart Travels

Faremart Travels Private Limited (FTPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 August 2016 (Eight years and six months 18 days old ). Its registered office is in New Delhi, India.

The Company is engaged in the Information Technology 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 2.50 M and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Sumit Chauhan and Shanker serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    faremart.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63030DL2016PTC304052

  • Company No.

    304052

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2016

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology
Transport and Logistics

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

Board Members (2)

NameDesignationAppointment DateStatus
Sumit Chauhan Country flag representing In Director 08-Oct-2021Current
Shanker Country flag representing In Director 08-Oct-2021Current

Financial Performance of Faremart Travels.

Faremart Travels Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 39.49% increase. The company also saw a substantial fall in profitability, with a 106.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.9%.

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
39.49%
Revenue from Operations
26.91%
Total Assets
0.04%
Profit or Loss
-106.46%
Net Worth
-21.90%
EBITDA
-98.09%

What is the Ownership and Shareholding Structure of Faremart Travels?

In 2020, Faremart Travels had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Faremart Travels?

Faremart Travels has a workforce of 0 employees as of Apr 05, 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 Faremart 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 Faremart 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 Faremart Travels

Recent activity within the organization

  • Annual General Meeting

    Faremart Travels Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Balance Sheet

    Faremart Travels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Sumit Chauhan was appointed as a Director was appointed as a Director on 08 Oct 2021 & has been associated with this company since 3 years 4 months .

    08 Oct 2021

  • Director Appointment

    Shanker was appointed as a Director was appointed as a Director on 08 Oct 2021 & has been associated with this company since 3 years 4 months .

    08 Oct 2021

  • Company Incorporation

    Faremart Travels Private Limited was registered on 05 Aug 2016 with Roc Delhi & aged 8 years 6 months as per MCA records.

    05 Aug 2016

Frequently asked questions

  • Faremart Travels Private Limited was incorporated on 05 Aug 2016.

  • The authorized share capital of Faremart Travels Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

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

    • Sumit Chauhan
    • Shanker
  • As per Ministry of Corporate Affairs (Mca), the registered address of Faremart Travels Private Limited is 905, Mercantile House Kasturba Gandhi Marg India, New Delhi, 110001.

  • The corporate identification number (CIN) of Faremart Travels Private Limited is U63030DL2016PTC304052 and the company number is 304052 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Faremart Travels Private Limited is https://www.faremart.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Faremart Travels Private Limited has risen by 39.49%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Faremart Travels Private Limited has experienced an downturn of -21.90%.

  • The most recent Balance Sheet for Faremart Travels Private Limited was filed with the ROC on 31 Mar 2024.

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