Grand Skies Travel Private Limited

Travel agency providing air ticket booking, customized packages, and ancillary services for domestic and international travel.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Grand Skies Travel Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.50 M
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.50 Cr
  • Satisfied Charges ₹ 3.60 Cr
  • Revenue Growth 67.72%
  • Profit Growth 246.14%
  • Ebitda 42.92%
  • Net Worth 4.57%
  • Total Assets -0.02%

About Grand Skies Travel

Grand Skies Travel Private Limited (GSTPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 July 2007 and has a history of 17 years and six months. Its registered office is in Mumbai, Maharashtra, 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 6.00 M and a paid-up capital of Rs 5.50 M.

The company currently has active open charges totaling ₹8.50 Cr. The company has closed loans amounting to ₹3.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ratnakar Sawant, Bhaskar Sawant, and Indra Sawant serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U63040MH2007PTC172273

  • Company No.

    172273

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Grand Skies Travel?

Board Members (3)

Name Designation Appointment Date Status
Ratnakar Sawant Country flag representing In Director 12-Jul-2007 Current
Bhaskar Sawant Country flag representing In Director 25-Apr-2008 Current
Indra Sawant Country flag representing In Director 30-Nov-2021 Current

Financial Performance of Grand Skies Travel.

Grand Skies Travel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 67.72% increase. The company also saw a substantial improvement in profitability, with a 246.14% increase in profit. The company's net worth moved up by a moderate rise of 4.57%.

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
67.72%
Revenue from Operations
77.12%
Total Assets
-0.02%
Profit or Loss
246.14%
Net Worth
4.57%
EBITDA
42.92%

What is the Ownership and Shareholding Structure of Grand Skies Travel?

In 2023, Grand Skies Travel had a promoter holding of 51.17% and a public holding of 48.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹85.00 M

Satisfied Charges

₹36.00 M

Charges Breakdown by Lending Institutions

  • Others : 8.00 Cr
  • Yes Bank Limited : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
21 Apr 2014 Yes Bank Limited ₹5.00 M Open
12 Dec 2013 Others ₹8.00 Cr Open
01 Nov 2007 Union Bank Of India ₹3.60 Cr Satisfied

How Many Employees Work at Grand Skies Travel?

Grand Skies Travel has a workforce of 9 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grand Skies 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 Grand Skies 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 Grand Skies Travel

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Grand Skies Travel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Indra Bhaskar Sawant was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 3 years 2 months .

    30 Nov 2021

  • Charges

    A charge with Others of Rs. 80.00 M registered on 12 Dec 2013 with Charge ID 10519594 was modified on 30 Mar 2021.

    30 Mar 2021

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 5.00 M with Charge ID 10503158 was registered on 21 Apr 2014.

    21 Apr 2014

  • Charges

    A charge registered on 01 Nov 2007 via Charge ID 10076357 with Union Bank Of India was fully satisfied on 17 Dec 2013.

    17 Dec 2013

Frequently asked questions

  • Grand Skies Travel Private Limited was incorporated on 12 Jul 2007.

  • The authorized share capital of Grand Skies Travel Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.50 M.

  • Currently 3 directors are associated with Grand Skies Travel Private Limited.

    • Ratnakar Vishram Sawant
    • Bhaskar Vishram Sawant
    • Indra Bhaskar Sawant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grand Skies Travel Private Limited is 25 Anand Bhavan T.H. Kataria Marg Mahim(W), India, Mumbai, Maharashtra, 400016.

  • The corporate identification number (CIN) of Grand Skies Travel Private Limited is U63040MH2007PTC172273 and the company number is 172273 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grand Skies Travel Private Limited is https://www.uniglobegrandskiestravel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grand Skies Travel Private Limited has risen by 67.72%.

  • As Per 2023 financial reports, 9 employees are currently employed by Grand Skies Travel Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grand Skies Travel Private Limited has experienced an upsurge of 4.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grand Skies Travel Private Limited amount to ₹ 8.50 Cr.

  • The most recent Balance Sheet for Grand Skies Travel Private Limited was filed with the ROC on 31 Mar 2023.

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