Friends Air Travel Private Limited

Travel company offering flight tickets, hotel bookings, tours, travel insurance, and international/domestic packages.

2013 | Patiala, Punjab (India) | Active
Last Updated: December 26, 2024

Friends Air Travel Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 11 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -73.90%
  • Profit Growth -3211.91%
  • Ebitda -74.85%
  • Net Worth -23.33%
  • Total Assets -30.75%

About Friends Air Travel

Friends Air Travel Private Limited (FATPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 July 2013 and has a history of 11 years and seven months. Its registered office is in Patiala, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ravinder Singh and Sohinder Kaur serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    friendstravel.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040PB2013PTC037681

  • Company No.

    037681

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Transport and Logistics

Who are the key members and board of directors at Friends Air Travel?

Executive Team (1)

NameDesignationAppointment DateStatus
Ravinder Singh Country flag representing In Managing Director01-Jul-2013Current

Board Members (1)

NameDesignationAppointment DateStatus
Sohinder Kaur Country flag representing In Director 09-Jul-2020Current

Financial Performance of Friends Air Travel.

Friends Air Travel Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 73.9% decrease. The company also saw a substantial fall in profitability, with a 3211.91% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.33%.

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
-73.90%
Revenue from Operations
-78.17%
Total Assets
-30.75%
Profit or Loss
-3211.91%
Net Worth
-23.33%
EBITDA
-74.85%

What is the Ownership and Shareholding Structure of Friends Air Travel?

In 2021, Friends Air Travel 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)

Placeholder for charges-related data

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

How Many Employees Work at Friends Air Travel?

Friends Air Travel has a workforce of 10 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 Friends Air Travel, 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 Friends Air Travel'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 Friends Air Travel

Recent activity within the organization

  • Annual General Meeting

    Friends Air Travel Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Friends Air Travel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Sohinder Kaur was appointed as a Director was appointed as a Director on 09 Jul 2020 & has been associated with this company since 4 years 7 months .

    09 Jul 2020

  • Director Appointment

    Ravinder Singh was appointed as a Managing Director was appointed as a Managing Director on 01 Jul 2013 & has been associated with this company since 11 years 7 months .

    01 Jul 2013

  • Company Incorporation

    Friends Air Travel Private Limited was registered on 01 Jul 2013 with Roc Chandigarh & aged 11 years 7 months as per MCA records.

    01 Jul 2013

Frequently asked questions

  • Friends Air Travel Private Limited was incorporated on 01 Jul 2013.

  • The authorized share capital of Friends Air Travel Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Friends Air Travel Private Limited.

    • Ravinder Singh
    • Sohinder Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Friends Air Travel Private Limited is Sco 32 Bn Khalsa School Complex, Sirhind Road India, Patiala, Punjab, 147001.

  • The corporate identification number (CIN) of Friends Air Travel Private Limited is U63040PB2013PTC037681 and the company number is 037681 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Friends Air Travel Private Limited is https://www.friendstravel.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Friends Air Travel Private Limited has fallen by -73.90%.

  • As Per 2021 financial reports, 10 employees are currently employed by Friends Air Travel Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Friends Air Travel Private Limited has experienced an downturn of -23.33%.

  • The most recent Balance Sheet for Friends Air Travel Private Limited was filed with the ROC on 31 Mar 2024.

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