Magellan Travel Services Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 28-12-2024
- Paid Up Capital ₹ 3.50 M
as on 28-12-2024
- Company Age 27 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.28 Cr
as on 28-12-2024
- Satisfied Charges ₹ 2.80 M
as on 28-12-2024
- Revenue -30.81%
(FY 2020)
- Profit -301.32%
(FY 2020)
- Ebitda -199.17%
(FY 2020)
- Net Worth -23.66%
(FY 2020)
- Total Assets -25.47%
(FY 2020)
About Magellan Travel Services
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 5.00 M and a paid-up capital of Rs 3.50 M.
The company currently has active open charges totaling ₹1.28 Cr. The company has closed loans amounting to ₹2.80 M, as per Ministry of Corporate Affairs (MCA) records.
Usha Kumar and Faisal Sharhabeel serve as directors at the Company.
- CIN/LLPIN
U63040TN1997PTC039258
- Company No.
039258
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Oct 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Magellan Travel Services Private Limited offer?
Magellan Travel Services Private Limited offers a wide range of products and services, including Tour Operators and Travel Agents, Tour Packages, Travel Service, Hotel Bookings, Hotel Package Service.
Who are the key members and board of directors at Magellan Travel Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Usha Kumar  | Director | 28-Jul-2015 | Current |
| Faisal Sharhabeel | Director | 17-Oct-1997 | Current |
Financial Performance of Magellan Travel Services.
Magellan Travel Services Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 30.81% decrease. The company also saw a substantial fall in profitability, with a 301.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magellan Travel Services?
In 2020, Magellan Travel Services had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹12.80 M
₹2.80 M
Charges Breakdown by Lending Institutions
- Others : 1.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2022 | Others | ₹2.80 M | Open |
| 04 Aug 1999 | Others | ₹1.00 Cr | Open |
| 12 Apr 2000 | The South Indian Bank Ltd | ₹1.40 M | Satisfied |
| 04 Aug 1999 | The South Indian Bank Ltd | ₹1.40 M | Satisfied |
How Many Employees Work at Magellan Travel Services?
Magellan Travel Services has a workforce of 18 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magellan Travel Services, 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 Magellan Travel Services'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.
