Trade Wings Hotels Limited.

Provides travel and tourism services, logistics, and money transfer services in India.

1989 | Goa, Goa (India) | Active
Last Updated: December 27, 2024

Trade Wings Hotels Profile

Key Indicators

  • Authorised Capital ₹ 4.51 Cr
  • Paid Up Capital ₹ 9.90 M
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.26 Cr
  • Satisfied Charges ₹ 21.41 Cr
  • Revenue Growth 126.90%
  • Profit Growth 323.34%
  • Ebitda 202.25%
  • Net Worth 11.42%
  • Total Assets -6.89%

About Trade Wings Hotels

Trade Wings Hotels Limited. (TWHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 April 1989 and has a history of 35 years and nine months. Its registered office is in Goa, Goa, India.

The Company is engaged in the Travel And Hospitality 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 4.51 Cr and a paid-up capital of Rs 9.90 M.

The company currently has active open charges totaling ₹5.26 Cr. The company has closed loans amounting to ₹21.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shailendra Mittal, Ajay Vageria, and Sadhana Mukundan serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101GA1989PLC000966

  • Company No.

    000966

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Travel and Hospitality

Who are the key members and board of directors at Trade Wings Hotels?

Executive Team (1)

Name Designation Appointment Date Status
Shailendra Mittal Country flag representing In Managing Director 01-Oct-1996 Current

Board Members (2)

Name Designation Appointment Date Status
Ajay Vageria Country flag representing In Whole-Time Director 10-Oct-2000 Current
Sadhana Mukundan Country flag representing In Whole-Time Director 01-Sep-2016 Current

Financial Performance of Trade Wings Hotels.

Trade Wings Hotels Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 126.9% increase. The company also saw a substantial improvement in profitability, with a 323.34% increase in profit. The company's net worth Soared by an impressive increase of 11.42%.

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
126.90%
Revenue from Operations
127.26%
Total Assets
-6.89%
Profit or Loss
323.34%
Net Worth
11.42%
EBITDA
202.25%

What is the Ownership and Shareholding Structure of Trade Wings Hotels?

In 2023, Trade Wings Hotels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.26 Cr

Satisfied Charges

₹21.41 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.26 Cr

Latest Charge Details

Date Lender Amount Status
10 May 2018 Others ₹5.26 Cr Open
26 Apr 2017 Others ₹0.85 M Satisfied
25 Sep 2007 Others ₹6.25 Cr Satisfied
07 Jan 2005 Tourism Finance Corporation Of India Ltd. ₹4.56 Cr Satisfied
16 Oct 2000 Union Bank Of India; ₹4.80 M Satisfied

How Many Employees Work at Trade Wings Hotels?

Trade Wings Hotels has a workforce of 40 employees as of Apr 07, 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 Trade Wings Hotels, 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 Trade Wings Hotels'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 Trade Wings Hotels

Recent activity within the organization

  • Annual General Meeting

    Trade Wings Hotels Limited. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Trade Wings Hotels Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.

    31 Mar 2024

  • Charges

    A charge registered on 26 Apr 2017 via Charge ID 100108842 with Others was fully satisfied on 23 Mar 2023.

    23 Mar 2023

  • Charges

    A charge registered on 25 Sep 2007 via Charge ID 10073304 with Others was fully satisfied on 15 Jun 2018.

    15 Jun 2018

  • Charges

    A charge with Others amounted to Rs. 5.26 Cr with Charge ID 100180925 was registered on 10 May 2018.

    10 May 2018

  • Charges

    A charge with Others of Rs. 6.25 Cr registered on 25 Sep 2007 with Charge ID 10073304 was modified on 28 Nov 2017.

    28 Nov 2017

Frequently asked questions

  • Trade Wings Hotels Limited. was incorporated on 10 Apr 1989.

  • The authorized share capital of Trade Wings Hotels Limited. is ₹ 4.51 Cr and paid-up capital is ₹ 9.90 M.

  • Currently 3 directors are associated with Trade Wings Hotels Limited..

    • Shailendra Parmeshwarji Mittal
    • Ajay Karanmal Vageria
    • Sadhana Mukundan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Trade Wings Hotels Limited. is 1St Floor Naik Building Opp. Don Bosco High School M. G Road, India, Panaji, Goa, 403001.

  • The corporate identification number (CIN) of Trade Wings Hotels Limited. is U55101GA1989PLC000966 and the company number is 000966 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Trade Wings Hotels Limited. is https://www.tradewings.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Trade Wings Hotels Limited. has risen by 126.90%.

  • As Per 2023 financial reports, 40 employees are currently employed by Trade Wings Hotels Limited..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Trade Wings Hotels Limited. has experienced an upsurge of 11.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Trade Wings Hotels Limited. amount to ₹ 5.26 Cr.

  • The most recent Balance Sheet for Trade Wings Hotels Limited. was filed with the ROC on 31 Mar 2024.

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