Grace Travels Private Limited

Travel management company providing air ticketing, visa and passport assistance, holiday packages, forex, and umrah services.

1990 | Hyderabad, Telangana (India) | Active
Last Updated: July 16, 2024

Grace Travels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.47 M
  • Company Age 34 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.33 M
  • Satisfied Charges ₹ 1.87 Cr
  • Revenue Growth 59.99%
  • Profit Growth -73.00%
  • Ebitda -52.06%
  • Net Worth 3.18%
  • Total Assets -21.53%

About Grace Travels

Grace Travels Private Limited (GTPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 October 1990 and has a history of 34 years and four months. Its registered office is in Hyderabad, Telangana, 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 2.50 M and a paid-up capital of Rs 2.47 M.

The company currently has active open charges totaling ₹1.33 M. The company has closed loans amounting to ₹1.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mohammed Ali, Mohammad Vaseem, and Abdul Faheem serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gracetravels.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040TG1990PTC011890

  • Company No.

    011890

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Transport and Logistics

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

Executive Team (1)

NameDesignationAppointment DateStatus
Abdul Faheem Country flag representing In Managing Director04-Jan-1993Current

Board Members (2)

NameDesignationAppointment DateStatus
Mohammed Ali Country flag representing In Director 11-Jul-2023Current
Mohammad Vaseem Country flag representing In Director 04-Mar-2022Current

Financial Performance of Grace Travels.

Grace Travels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.99% increase. The company also saw a substantial fall in profitability, with a 73% decrease in profit. The company's net worth moved up by a moderate rise of 3.18%.

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
59.99%
Revenue from Operations
60.88%
Total Assets
-21.53%
Profit or Loss
-73.00%
Net Worth
3.18%
EBITDA
-52.06%

What is the Ownership and Shareholding Structure of Grace Travels?

In 2023, Grace 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

₹1.33 M

Satisfied Charges

₹18.69 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jan 2022Hdfc Bank Limited₹0.80 MOpen
03 Feb 2021Hdfc Bank Limited₹0.53 MOpen
26 Sep 2014Others₹1.47 CrSatisfied
18 Feb 2003City Union Bank₹4.00 MSatisfied

How Many Employees Work at Grace Travels?

Unlock and access historical data on people associated with Grace 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 Grace 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 Grace 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 Grace Travels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Mohammed Irfan Ali was appointed as a Director was appointed as a Director on 11 Jul 2023 & has been associated with this company since 1 year 7 months .

    11 Jul 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 26 Sep 2014 via Charge ID 10522497 with Others was fully satisfied on 01 Feb 2023.

    01 Feb 2023

  • Director Appointment

    Mohammad Abdul Baseer Vaseem was appointed as a Director was appointed as a Director on 04 Mar 2022 & has been associated with this company since 2 years 11 months .

    04 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.80 M with Charge ID 100530395 was registered on 05 Jan 2022.

    05 Jan 2022

Frequently asked questions

  • Grace Travels Private Limited was incorporated on 23 Oct 1990.

  • The authorized share capital of Grace Travels Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.47 M.

  • Currently 3 directors are associated with Grace Travels Private Limited.

    • Mohammed Irfan Ali
    • Mohammad Abdul Baseer Vaseem
    • Abdul Majid Faheem
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grace Travels Private Limited is 164 & 165 A Block 1St Floor Babu Khan Estate Basheerbagh, Hyderabad, Telangana, India, 500001.

  • The corporate identification number (CIN) of Grace Travels Private Limited is U63040TG1990PTC011890 and the company number is 011890 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grace Travels Private Limited is https://www.gracetravels.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grace Travels Private Limited has risen by 59.99%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grace Travels Private Limited has experienced an upsurge of 3.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grace Travels Private Limited amount to ₹ 1.33 M.

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

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