Mag Travels Private Limited

Travel agency providing services for airlines, shipping companies, and liners since 1993.

1993 | Delhi (India) | Active
Last Updated: January 10, 2025

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

Board Members (2)

NameDesignationAppointment DateStatus
Neeraj Shanker Country flag representing In Director 28-Jul-2015Current
Rakesh Sonkar Country flag representing In Director 21-Jan-1997Current

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%.

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
99.41%
Revenue from Operations
99.23%
Total Assets
265.79%
Profit or Loss
-323.72%
Net Worth
-145.71%
EBITDA
170.73%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹2.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
04 Nov 2006Syndicate Bank₹1.00 MOpen
27 Apr 2005Syndicate Bank₹1.50 MOpen

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.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Mag Travels

Recent activity within the organization

  • Annual General Meeting

    Mag Travels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mag Travels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Neeraj Shanker was appointed as a Director was appointed as a Director on 28 Jul 2015 & has been associated with this company since 9 years 6 months .

    28 Jul 2015

  • Charges

    A charge with Syndicate Bank amounted to Rs. 1.00 M with Charge ID 10028986 was registered on 04 Nov 2006.

    04 Nov 2006

  • Charges

    A charge with Syndicate Bank amounted to Rs. 1.50 M with Charge ID 80015827 was registered on 27 Apr 2005.

    27 Apr 2005

  • Director Appointment

    Rakesh Kumar Sonkar was appointed as a Director was appointed as a Director on 21 Jan 1997 & has been associated with this company since 28 years 5 days .

    21 Jan 1997

Frequently asked questions

  • Mag Travels Private Limited was incorporated on 03 Sep 1993.

  • The authorized share capital of Mag Travels Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Mag Travels Private Limited.

    • Rakesh Kumar Sonkar
    • Neeraj Shanker
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mag Travels Private Limited is E-36, First Floor Lajpat Nagar-Iii India, New Delhi, 110024.

  • The corporate identification number (CIN) of Mag Travels Private Limited is U63040DL1993PTC055077 and the company number is 055077 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Mag Travels Private Limited has risen by 99.41%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Mag Travels Private Limited has experienced an downturn of -145.71%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Mag Travels Private Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Mag Travels Private Limited was filed with the ROC on 31 Mar 2024.

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