Frontline Travels Pvt. Ltd.

Travel agency providing domestic and international airline tickets, visa processing, and consultancy services.

1986 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: October 24, 2024

Frontline Travels Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.62 M
  • Company Age 38 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.40 M
  • Satisfied Charges ₹ 3.38 Cr
  • Revenue Growth 100.59%
  • Profit Growth 622.31%
  • Ebitda 195.50%
  • Net Worth 188.36%
  • Total Assets 2.92%

About Frontline Travels

Frontline Travels Pvt. Ltd. (FTPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 November 1986 and has a history of 38 years and three months. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 3.00 M and a paid-up capital of Rs 2.62 M.

The company currently has active open charges totaling ₹7.40 M. The company has closed loans amounting to ₹3.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Veera Gummadi, Sivarama Kodali, and Shivaji Attaluri serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040AP1986PTC006934

  • Company No.

    006934

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Nov 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Transport and Logistics

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sivarama Kodali Country flag representing In Managing Director25-Jul-1988Current

Board Members (2)

NameDesignationAppointment DateStatus
Veera Gummadi Country flag representing In Director 25-Jul-1988Current
Shivaji Attaluri Country flag representing In Director 25-Jul-1988Current

Financial Performance of Frontline Travels.

Frontline Travels Pvt. Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 100.59% increase. The company also saw a substantial improvement in profitability, with a 622.31% increase in profit. The company's net worth Soared by an impressive increase of 188.36%.

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
100.59%
Revenue from Operations
93.02%
Total Assets
2.92%
Profit or Loss
622.31%
Net Worth
188.36%
EBITDA
195.50%

What is the Ownership and Shareholding Structure of Frontline Travels?

In 2023, Frontline 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

₹7.40 M

Satisfied Charges

₹33.77 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.50 Cr
  • Hdfc Bank Limited : 0.24 Cr

Latest Charge Details

DateLenderAmountStatus
10 Mar 2023Hdfc Bank Limited₹2.40 MOpen
31 Dec 2022Indian Overseas Bank₹5.00 MOpen
27 Dec 2014State Bank Of India₹1.99 CrSatisfied
29 Jan 1999State Bank Of India₹1.39 CrSatisfied

How Many Employees Work at Frontline Travels?

Unlock and access historical data on people associated with Frontline Travels, 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 Frontline 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 Frontline 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 Frontline Travels

Recent activity within the organization

  • Annual General Meeting

    Frontline Travels Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Frontline Travels Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.40 M with Charge ID 100728231 was registered on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge registered on 27 Dec 2014 via Charge ID 10545970 with State Bank Of India was fully satisfied on 04 Feb 2023.

    04 Feb 2023

  • Charges

    A charge registered on 29 Jan 1999 via Charge ID 90117433 with State Bank Of India was fully satisfied on 04 Feb 2023.

    04 Feb 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 5.00 M with Charge ID 100681151 was registered on 31 Dec 2022.

    31 Dec 2022

Frequently asked questions

  • Frontline Travels Pvt. Ltd. was incorporated on 12 Nov 1986.

  • The authorized share capital of Frontline Travels Pvt. Ltd. is ₹ 3.00 M and paid-up capital is ₹ 2.62 M.

  • Currently 3 directors are associated with Frontline Travels Pvt. Ltd..

    • Veera Mohan Gummadi
    • Sivarama Krishna Prasad Kodali
    • Shivaji Attaluri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Frontline Travels Pvt. Ltd. is Shop No. 1, Vudaudyog Bhavansiripuram Jn Visakhapatnam India, Andhra Pradesh, 530003.

  • The corporate identification number (CIN) of Frontline Travels Pvt. Ltd. is U63040AP1986PTC006934 and the company number is 006934 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Frontline Travels Pvt. Ltd. has risen by 100.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Frontline Travels Pvt. Ltd. has experienced an upsurge of 188.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Frontline Travels Pvt. Ltd. amount to ₹ 7.40 M.

  • The most recent Balance Sheet for Frontline Travels Pvt. Ltd. was filed with the ROC on 31 Mar 2023.