Trade Wings Limited

Travel and financial services, including ticket booking, visa processing, and currency exchange, with a large network and reputable clients.

1949 | Goa, Goa (India) | Active
Last Updated:

Trade Wings Profile

Key Indicators

  • Authorised Capital ₹ 8.50 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 75 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 32.94 Cr
  • Satisfied Charges ₹ 38.61 Cr
  • Revenue Growth 143.97%
  • Profit Growth 107.46%
  • Ebitda 32.32%
  • Net Worth 3.12%
  • Total Assets -11.58%

About Trade Wings

Trade Wings Limited (TWL) was founded in India on 29 November 1949 and has a glorious history of 75 years and three months. Its registered office is in Goa, Goa, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509953.

The Corporate was formerly known as Trade Wings 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 2024. It's a company limited by shares with an authorized capital of Rs 8.50 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹32.94 Cr. The company has closed loans amounting to ₹38.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Trade Wings Limited India are Vishwanathan Nair as CFO and Zurica Pinto as Company Secretary. Shailendra Mittal, Jyoti Gupta, Jacinta Nayagam, and One other member serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L63040GA1949PLC000168

  • Company No.

    000168

  • Stock Symbol

    BSE : 509953

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1949

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Goa

Industry

Transport and Logistics

What products or services does Trade Wings Limited offer?

Trade Wings Limited offers a wide range of products and services, including Tour Packages, International Tour Packages, Travel Service, Leisure Travel Services, Business Travel Services, Computer Language Training Services, Java Training Services, Foreign Exchange, Foreign Exchange Consultancy Service, Online Education Consultancy Services.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Shailendra Mittal Country flag representing In Managing Director30-Jun-1988Current
Vishwanathan Nair Country flag representing In CFO30-May-2016Current
Zurica Pinto Country flag representing In Company Secretary06-Feb-2017Current

Board Members (3)

NameDesignationAppointment DateStatus
Jacinta Nayagam Country flag representing In Director 05-Jul-2016Current
Hemant Panchal Country flag representing In Director 13-Nov-2019Current
Jyoti Gupta Country flag representing In Additional Director 05-Nov-2024Current

Financial Performance of Trade Wings.

Trade Wings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 143.97% increase. The company also saw a substantial improvement in profitability, with a 107.46% increase in profit. The company's net worth moved up by a moderate rise of 3.12%.

Trade Wings revenue growth over time
Trade Wings 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
143.97%
Revenue from Operations
149.18%
Total Assets
-11.58%
Profit or Loss
107.46%
Net Worth
3.12%
EBITDA
32.32%

What is the Ownership and Shareholding Structure of Trade Wings?

In 2023, Trade Wings had a promoter holding of 74.97% and a public holding of 25.04%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.94 Cr

Satisfied Charges

₹38.61 Cr

Charges Breakdown by Lending Institutions

  • Others : 22.73 Cr
  • Union Bank Of India : 8.00 Cr
  • Lord Krishna Bank Ltd : 0.83 Cr
  • Vijaya Bank : 0.60 Cr
  • Bank Of Credit & Commerce International Ltd : 0.28 Cr
  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
06 Aug 2023Others₹1.21 CrOpen
29 Mar 2023Others₹1.04 CrOpen
10 May 2018Others₹4.95 CrOpen
17 Nov 2009Union Bank Of India₹4.00 CrOpen
25 Feb 2009Union Bank Of India₹4.00 CrOpen

How Many Employees Work at Trade Wings?

Trade Wings has a workforce of 91 employees as of Apr 01, 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.

Employee growth trends for Trade Wings Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Trade Wings, 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'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

Recent activity within the organization

  • Director Appointment

    Jyoti Ghanshyam Gupta was appointed as a Additional Director was appointed as a Additional Director on 05 Nov 2024 & has been associated with this company since 4 months 1 day .

  • Annual General Meeting

    Trade Wings Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 1.21 Cr with Charge ID 100762540 was registered on 06 Aug 2023.

  • Charges

    A charge with Others amounted to Rs. 1.04 Cr with Charge ID 100702915 was registered on 29 Mar 2023.

  • Charges

    A charge with Others of Rs. 15.53 Cr registered on 23 Apr 1986 with Charge ID 90075947 was modified on 02 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Trade Wings Limited?

    Trade Wings Limited was incorporated on 29 Nov 1949.

  • What is authorized share capital and paid-up capital of Trade Wings Limited?

    The authorized share capital of Trade Wings Limited is ₹ 8.50 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of Trade Wings Limited?

    Currently 6 directors are associated with Trade Wings Limited.

    • Shailendra Parmeshwarji Mittal
    • Jyoti Ghanshyam Gupta
    • Jacinta Bazil Nayagam
    • Hemant Ramdas Panchal
    • Vishwanathan Kariat Vadukut Nair
    • Zurica Kevin Pinto

  • What is the registered address of Trade Wings Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Trade Wings Limited is 01St Floor Naik Buldg Opp.Don Bosco High School M.G.Road, India, Panaji, Goa, 403001.

  • What is the corporate identification number (CIN) and company number of Trade Wings Limited?

    The corporate identification number (CIN) of Trade Wings Limited is L63040GA1949PLC000168 and the company number is 000168 as per Ministry of Corporate Affairs (MCA).

  • Is Trade Wings Limited registered with any stock exchange in India?

    Yes, Trade Wings Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Trade Wings Limited?

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

  • What has been the recent revenue trend for Trade Wings Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Trade Wings Limited has risen by 143.97%.

  • How many employees does Trade Wings Limited currently have?

    As Per 2023 financial reports, 91 employees are currently employed by Trade Wings Limited.

  • What change has been observed in the net worth of Trade Wings Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Trade Wings Limited has experienced an upsurge of 3.12%.

  • What are the total open charges for Trade Wings Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Trade Wings Limited amount to ₹ 32.94 Cr.

  • When was the last Balance Sheet of Trade Wings Limited filed with the ROC?

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

People also Viewed

Similar Companies Based on Travel & Tour Services