Sotc Travel Limited

Provides travel and tourism services, specializing in leisure, incentive, and business travel.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: July 09, 2024

Sotc Travel Profile

Key Indicators

  • Authorised Capital ₹ 106.01 Cr
  • Paid Up Capital ₹ 86.01 Cr
  • Company Age 23 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 76.50 Cr
  • Satisfied Charges ₹ 25.00 Cr
  • Revenue Growth 341.72%
  • Profit Growth 145.12%
  • Ebitda 198.34%
  • Net Worth 51.59%
  • Total Assets 33.92%

About Sotc Travel

Sotc Travel Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 April 2001 and has a history of 23 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sita Travels Private Limited. 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 106.01 Cr and a paid-up capital of Rs 86.01 Cr.

The company currently has active open charges totaling ₹76.50 Cr. The company has closed loans amounting to ₹25.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sotc Travel Limited India are Farroukh Kolah as CFO and Shaily Gupta as Company Secretary. Madhavan Karunakaran, Nilesh Vikamsey, Kishori Udeshi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63040MH2001PLC131691

  • Company No.

    131691

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 2001

  • Date of AGM

    22 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Sotc Travel Limited offer?

Sotc Travel Limited offers a wide range of products and services, including Storage Tanks, Drums & Containers, Water Tanks, Crates, Trays and Pallets, Plastic Pallets.

Who are the key members and board of directors at Sotc Travel?

Executive Team (3)

NameDesignationAppointment DateStatus
Farroukh Kolah Country flag representing In CFO23-Jan-2019Current
Vishal Suri Country flag representing In Managing Director01-Nov-2012Current
Shaily Gupta Company Secretary15-Apr-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Nilesh Vikamsey Country flag representing In Director 16-Aug-2017Current
Madhavan Karunakaran Country flag representing In Director 01-Aug-2017Current
Kishori Udeshi Country flag representing In Director 01-Jun-2017Current
Rahul Bhagat Country flag representing In Director 01-Jun-2017Current
Debasis Nandy Country flag representing In Director 23-Oct-2018Current

Financial Performance of Sotc Travel.

Sotc Travel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 341.72% increase. The company also saw a substantial improvement in profitability, with a 145.12% increase in profit. The company's net worth Soared by an impressive increase of 51.59%.

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
341.72%
Revenue from Operations
351.45%
Total Assets
33.92%
Profit or Loss
145.12%
Net Worth
51.59%
EBITDA
198.34%

What is the Ownership and Shareholding Structure of Sotc Travel?

In 2023, Sotc Travel had a promoter holding of 99.94% and a public holding of 0.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹76.50 Cr

Satisfied Charges

₹25.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 62.50 Cr
  • Hdfc Bank Limited : 14.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2021Hdfc Bank Limited₹14.00 CrOpen
19 Jul 2021Others₹62.50 CrOpen
28 Dec 2018Others₹25.00 CrSatisfied

How Many Employees Work at Sotc Travel?

Sotc Travel has a workforce of 645 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sotc Travel, 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 Sotc Travel's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Sotc Travel

Recent activity within the organization

  • Annual General Meeting

    Sotc Travel Limited last Annual general meeting of members was held on 22 Aug 2023 as per latest MCA records.

    22 Aug 2023

  • Balance Sheet

    Sotc Travel Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 14.00 Cr registered on 27 Aug 2021 with Charge ID 100477547 was modified on 28 Oct 2022.

    28 Oct 2022

  • Charges

    A charge with Others of Rs. 62.50 Cr registered on 19 Jul 2021 with Charge ID 100464626 was modified on 10 Jun 2022.

    10 Jun 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 14.00 Cr with Charge ID 100477547 was registered on 27 Aug 2021.

    27 Aug 2021

  • Charges

    A charge with Others amounted to Rs. 62.50 Cr with Charge ID 100464626 was registered on 19 Jul 2021.

    19 Jul 2021

Frequently asked questions

  • Sotc Travel Limited was incorporated on 20 Apr 2001.

  • The authorized share capital of Sotc Travel Limited is ₹ 106.01 Cr and paid-up capital is ₹ 86.01 Cr.

  • Currently 8 directors are associated with Sotc Travel Limited.

    • Madhavan Menon Karunakaran
    • Nilesh Shivji Vikamsey
    • Kishori Jayendra Udeshi
    • Rahul Narain Bhagat
    • Debasis Bikash Nandy
    • Vishal Suri
    • Farroukh Kolah
    • Shaily Ranjan Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sotc Travel Limited is 324 Dr. D.N. Road, Fort, Mumbai, Maharashtra, India, 400001.

  • The corporate identification number (CIN) of Sotc Travel Limited is U63040MH2001PLC131691 and the company number is 131691 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sotc Travel Limited is https://www.sotc.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sotc Travel Limited has risen by 341.72%.

  • As Per 2023 financial reports, 645 employees are currently employed by Sotc Travel Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sotc Travel Limited has experienced an upsurge of 51.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sotc Travel Limited amount to ₹ 76.50 Cr.

  • The most recent Balance Sheet for Sotc Travel Limited was filed with the ROC on 31 Mar 2023.