Mag Travels Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.50 M
- Company Age 31 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.50 M
- Revenue Growth 99.41%
- Profit Growth -323.72%
- Ebitda 170.73%
- Net Worth -145.71%
- Total Assets 265.79%
About Mag Travels
Mag Travels Private Limited (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 September 1993 and has a history of 31 years and five months. Its registered office is in 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹2.50 M.
Rakesh Sonkar and Neeraj Shanker serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U63040DL1993PTC055077
- Company No.
055077
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Sep 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Mag Travels?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neeraj Shanker  | Director | 28-Jul-2015 | Current |
| Rakesh Sonkar | Director | 21-Jan-1997 | Current |
Financial Performance of Mag Travels.
Mag Travels Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 99.41% increase. The company also saw a substantial fall in profitability, with a 323.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 145.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mag Travels?
In 2019, Mag Travels had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jai Jagat Ambey Chit Fund Private LimitedRakesh Sonkar is a mutual person
Charges (Loans)
₹2.50 M
₹0
Charges Breakdown by Lending Institutions
- Syndicate Bank : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 2006 | Syndicate Bank | ₹1.00 M | Open |
| 27 Apr 2005 | Syndicate Bank | ₹1.50 M | Open |
How Many Employees Work at Mag Travels?
Unlock and access historical data on people associated with Mag Travels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mag 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 Mag Travels's trajectory.
Rating
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
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.
