Salute Travels Pvt.Ltd.
Provides transportation services for goods, animals, and passengers by land, sea, and air.
1991 | Krishna, Andhra Pradesh (India) | Active
Salute Travels.Ltd. Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.12 M
- Company Age 34 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.47 Cr
- Satisfied Charges ₹ 16.45 Cr
- Revenue Growth %
- Profit Growth -67.83%
- Ebitda -201.65%
- Net Worth -0.03%
- Total Assets 1.64%
About Salute Travels.Ltd.
Salute Travels Pvt.Ltd. (STP) is a Private Limited Indian Non-Government Company incorporated in India on 25 March 1991 and has a history of 34 years and one month. Its registered office is in Krishna, Andhra Pradesh, 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 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.
Company Details
- Location
Krishna, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63040AP1991PTC012484
- Company No.
012484
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Transport and Logistics
Salute Travels Pvt.Ltd.
Explore comprehensive data for Salute Travels Pvt.Ltd., including financials, compliance details, shareholding patterns, and litigation history.
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
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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 Limited
Lakshmana Garlapati and Ratna Garlapati are mutual person
- Salute Water House Private Limited
Lakshmana Garlapati and Ratna Garlapati are mutual person
Charges (Loans)
Open Charges
₹84.68 M
Satisfied Charges
₹164.50 M
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 5.64 Cr
- Oriental Bank Of Commerce : 1.00 Cr
- Unian Bank Of India : 1.00 Cr
- Centurn Bank Ltd : 0.48 Cr
- Bharat Overseas Bank Ltd : 0.25 Cr
- Others : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2002 | Centurn Bank Ltd | ₹4.75 M | Open |
| 01 Feb 2002 | Unian Bank Of India | ₹1.00 Cr | Open |
| 28 Aug 2001 | Bank Of Baroda | ₹2.00 Cr | Open |
| 11 Jun 1999 | M/S Lakshmi General Finance Ltd | ₹0.49 M | Open |
| 22 Jan 1999 | Bharat Overseas Bank Ltd | ₹2.50 M | 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
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Alerts
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Latest Updates, News, and FAQs on Salute Travels.Ltd.
Recent activity within the organization
- Annual General Meeting
Salute Travels Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Salute Travels Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge registered on 13 Jun 2002 via Charge ID 90119884 with Global Trust Bank Ltd was fully satisfied on 14 Sep 2013.
- Charges
A charge registered on 17 Jan 2001 via Charge ID 90119871 with Global Trust Bank Ltd was fully satisfied on 14 Sep 2013.
- Charges
A charge registered on 15 Mar 2000 via Charge ID 90122874 with Global Trust Bank Ltd was fully satisfied on 14 Sep 2013.
- Charges
A charge registered on 19 Jan 2000 via Charge ID 90122857 with Global Trust Bank Ltd was fully satisfied on 14 Sep 2013.
Frequently asked questions
What is the Incorporation or founding date of Salute Travels Pvt.Ltd.?
Salute Travels Pvt.Ltd. was incorporated on 25 Mar 1991.
What is authorized share capital and paid-up capital of Salute Travels Pvt.Ltd.?
The authorized share capital of Salute Travels Pvt.Ltd. is ₹ 0.50 M and paid-up capital is ₹ 0.12 M.
Who are the current board members & directors of Salute Travels Pvt.Ltd.?
Currently 2 directors are associated with Salute Travels Pvt.Ltd..
- Lakshmana Swamy Garlapati
- Ratna Manjari Garlapati
What is the registered address of Salute Travels Pvt.Ltd.?
As per Ministry of Corporate Affairs (Mca), the registered address of Salute Travels Pvt.Ltd. is Flat No.502 Lokesh Towers Madhu Chowk Moghalrajpuram, India, Vijayawada, Andhra Pradesh, 520010.
What is the corporate identification number (CIN) and company number of Salute Travels Pvt.Ltd.?
The corporate identification number (CIN) of Salute Travels Pvt.Ltd. is U63040AP1991PTC012484 and the company number is 012484 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Salute Travels Pvt.Ltd., and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Salute Travels Pvt.Ltd. has experienced an downturn of -0.03%.
What are the total open charges for Salute Travels Pvt.Ltd.?
As per the financial statements for fiscal Year 2022, The total open charges for Salute Travels Pvt.Ltd. amount to ₹ 8.47 Cr.
When was the last Balance Sheet of Salute Travels Pvt.Ltd. filed with the ROC?
The most recent Balance Sheet for Salute Travels Pvt.Ltd. was filed with the ROC on 31 Mar 2024.
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