Salute Travels.Ltd. Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 11-07-2024
- Paid Up Capital ₹ 0.12 M
as on 11-07-2024
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.47 Cr
as on 11-07-2024
- Satisfied Charges ₹ 16.45 Cr
as on 11-07-2024
- Revenue %
(FY 2022)
- Profit -67.83%
(FY 2022)
- Ebitda -201.65%
(FY 2022)
- Net Worth -0.03%
(FY 2022)
- Total Assets 1.64%
(FY 2022)
About Salute Travels.Ltd.
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 0.50 M and a paid-up capital of Rs 0.12 M.
The company currently has active open charges totaling ₹8.47 Cr. The company has closed loans amounting to ₹16.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Lakshmana Garlapati and Ratna Garlapati serve as directors at the Company.
- CIN/LLPIN
U63040AP1991PTC012484
- Company No.
012484
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Krishna, Andhra Pradesh, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Salute Travels.Ltd.?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lakshmana Garlapati  | Managing Director | 30-Sep-1993 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ratna Garlapati | Director | 30-Sep-1993 | Current |
Financial Performance of Salute Travels.Ltd..
Salute Travels Pvt.Ltd., for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 67.83% decrease in profit. The company's net worth dipped by a decrease of 0.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue | |||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Salute Travels.Ltd.?
In 2019, Salute Travels.Ltd. had a promoter 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)
Salute Beverages Private LimitedActive 27 years 4 monthsLakshmana Garlapati and Ratna Garlapati are mutual person
- Salute Water House Private LimitedActive 25 years 9 months
Lakshmana Garlapati and Ratna Garlapati are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Centurn Bank Ltd Creation Date: 18 Feb 2002 | ₹4.75 M | Open |
Unian Bank Of India Creation Date: 01 Feb 2002 | ₹1.00 Cr | Open |
Bank Of Baroda Creation Date: 28 Aug 2001 | ₹2.00 Cr | Open |
How Many Employees Work at Salute Travels.Ltd.?
Unlock and access historical data on people associated with Salute Travels.Ltd., 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 Salute Travels.Ltd., 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 Salute Travels.Ltd.'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.
