Mahasagar Travels Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.86 Cr
- Company Age 31 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.44 Cr
- Satisfied Charges ₹ 7.67 Cr
- Revenue Growth 21.98%
- Profit Growth 110.96%
- Ebitda 214.82%
- Net Worth 25.04%
- Total Assets 5.88%
About Mahasagar Travels
Mahasagar Travels Limited (MTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 September 1993 and has a history of 31 years and four months. Its registered office is in Junagadh, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526795.
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 8.00 Cr and a paid-up capital of Rs 7.86 Cr.
The company currently has active open charges totaling ₹11.44 Cr. The company has closed loans amounting to ₹7.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mahasagar Travels Limited India are Prakashbhai Kanjibhai as CFO and Chirag Sangatani as Company Secretary. Ravi Sureshbhai, Bhagchand Sukhwani, Prakashbhai Kanjibhai, and Four other members serve as directors at the Company.
Company Details
- Location
Junagadh, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L63040GJ1993PLC020289
- Company No.
020289
- Stock Symbol
BSE : 526795
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Sep 1993
- Date of AGM
22 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Mahasagar Travels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhagchand Sukhwani  | Managing Director | 01-Jan-1994 | Current |
| Prakashbhai Kanjibhai | CFO | 30-Sep-2014 | Current |
| Chirag Sangatani | Company Secretary | 02-Dec-2021 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravi Sureshbhai | Director | 10-Aug-2003 | Current |
| Prakashbhai Kanjibhai | Director and Cfo | 15-Jul-2001 | Current |
| Kavita Bachani | Director | 19-Jan-2016 | Current |
| Rajivbhai Maheta | Director | 29-Sep-2017 | Current |
| Abhay Sukhwani | Director | 29-Sep-2019 | Current |
| Jasubhai Barevadia | Director | 29-Sep-2019 | Current |
Financial Performance of Mahasagar Travels.
Mahasagar Travels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.98% increase. The company also saw a substantial improvement in profitability, with a 110.96% increase in profit. The company's net worth Soared by an impressive increase of 25.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mahasagar Travels?
In 2022, Mahasagar Travels had a promoter holding of 31.29% and a public holding of 68.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mahashakti Tours And Travels Private LimitedRavi Sureshbhai is a mutual person
- Saurashtra Boomi Publications Limited
Bhagchand Sukhwani and Prakashbhai Kanjibhai are mutual person
Charges (Loans)
₹11.44 Cr
₹7.67 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 7.77 Cr
- Others : 2.25 Cr
- Junagadh Commercial Co. Operative Bank Ltd. : 0.45 Cr
- Ge Capital Transportation Financial Serveces Ltd : 0.41 Cr
- Hdfc Bank Ltd : 0.27 Cr
- Others : 0.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2021 | Others | ₹7.50 M | Open |
| 06 Feb 2020 | Others | ₹5.00 M | Open |
| 21 Jul 2018 | Hdfc Bank Limited | ₹1.72 Cr | Open |
| 08 Mar 2018 | Hdfc Bank Limited | ₹1.27 Cr | Open |
| 27 Feb 2018 | Hdfc Bank Limited | ₹5.81 M | Open |
How Many Employees Work at Mahasagar Travels?
Mahasagar Travels has a workforce of 85 employees as of Apr 04, 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 Mahasagar 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 Mahasagar 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.
