Grace Travels (India) Private Ltd

Founded in 1987 and headquartered in Delhi, India.

1987 | Central Delhi, Delhi (India) | Active
Last Updated:

Grace Travels (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 37 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.07 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -22.67%
  • Profit Growth -60.09%
  • Ebitda -62.55%
  • Net Worth 13.81%
  • Total Assets 9.45%

About Grace Travels (India)

Grace Travels (India) Private Ltd (GTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 August 1987 and has a history of 37 years and six months. Its registered office is in Central Delhi, 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 1.00 M and a paid-up capital of Rs 0.90 M.

The company currently has active open charges totaling ₹15.07 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Kanwarjeet Wadhwa and Jaspinder Wadhwa serve as directors at the Company.

Company Details

  • Location

    Central Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gracelogistics.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1987PTC028804

  • Company No.

    028804

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 1987

  • 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 Grace Travels (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Kanwarjeet Wadhwa Country flag representing In Director 28-Jun-1989Current
Jaspinder Wadhwa Country flag representing In Director 04-Aug-1987Current

Financial Performance of Grace Travels (India).

Grace Travels (India) Private Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.67% decrease. The company also saw a substantial fall in profitability, with a 60.09% decrease in profit. The company's net worth Soared by an impressive increase of 13.81%.

Grace Travels (India) revenue growth over time
Grace Travels (India) 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
-22.67%
Revenue from Operations
-25.88%
Total Assets
9.45%
Profit or Loss
-60.09%
Net Worth
13.81%
EBITDA
-62.55%

What is the Ownership and Shareholding Structure of Grace Travels (India)?

Unlock access to Grace Travels (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹150.65 M

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Others : 12.77 Cr
  • Dhanlaxmi Bank Limited : 2.30 Cr

Latest Charge Details

DateLenderAmountStatus
30 May 2022Others₹6.18 CrOpen
23 May 2022Dhanlaxmi Bank Limited₹2.30 CrOpen
27 Feb 2012Others₹6.59 CrOpen
13 Oct 2004Ing Vysya Bank Limited₹5.00 MSatisfied

How Many Employees Work at Grace Travels (India)?

Grace Travels (India) has a workforce of 26 employees as of Apr 07, 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.

Employee growth trends for Grace Travels (India) Private Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grace Travels (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 Grace Travels (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 Grace Travels (India)

Recent activity within the organization

  • Annual General Meeting

    Grace Travels (India) Private Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Grace Travels (India) Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Others amounted to Rs. 61.75 M with Charge ID 100585683 was registered on 30 May 2022.

  • Charges

    A charge with Dhanlaxmi Bank Limited amounted to Rs. 23.00 M with Charge ID 100582256 was registered on 23 May 2022.

  • Charges

    A charge with Others of Rs. 65.90 M registered on 27 Feb 2012 with Charge ID 10350148 was modified on 05 Aug 2021.

  • Charges

    A charge registered on 13 Oct 2004 via Charge ID 90039426 with Ing Vysya Bank Limited was fully satisfied on 05 Dec 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Grace Travels (India) Private Ltd?

    Grace Travels (India) Private Ltd was incorporated on 04 Aug 1987.

  • What is authorized share capital and paid-up capital of Grace Travels (India) Private Ltd?

    The authorized share capital of Grace Travels (India) Private Ltd is ₹ 1.00 M and paid-up capital is ₹ 0.90 M.

  • Who are the current board members & directors of Grace Travels (India) Private Ltd?

    Currently 2 directors are associated with Grace Travels (India) Private Ltd.

    • Kanwarjeet Singh Wadhwa
    • Jaspinder Kaur Wadhwa
  • What is the registered address of Grace Travels (India) Private Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Grace Travels (India) Private Ltd is 18/20 W.E.A. Karol Bagh India, New Delhi, 110005.

  • What is the corporate identification number (CIN) and company number of Grace Travels (India) Private Ltd?

    The corporate identification number (CIN) of Grace Travels (India) Private Ltd is U74899DL1987PTC028804 and the company number is 028804 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Grace Travels (India) Private Ltd?

    The Official website of Grace Travels (India) Private Ltd is https://www.gracelogistics.com

  • What has been the recent revenue trend for Grace Travels (India) Private Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Grace Travels (India) Private Ltd has fallen by -22.67%.

  • How many employees does Grace Travels (India) Private Ltd currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Grace Travels (India) Private Ltd.

  • What change has been observed in the net worth of Grace Travels (India) Private Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Grace Travels (India) Private Ltd has experienced an upsurge of 13.81%.

  • What are the total open charges for Grace Travels (India) Private Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Grace Travels (India) Private Ltd amount to ₹ 15.07 Cr.

  • When was the last Balance Sheet of Grace Travels (India) Private Ltd filed with the ROC?

    The most recent Balance Sheet for Grace Travels (India) Private Ltd was filed with the ROC on 31 Mar 2023.