Trade Wings Profile
Key Indicators
- Authorised Capital ₹ 8.50 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 75 Year, 2 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 two 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
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Location
Goa, Goa, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
L63040GA1949PLC000168
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Company No.
000168
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Stock Symbol
BSE : 509953
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
29 Nov 1949
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Date of AGM
25 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Listed
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ROC Code
Roc Goa
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shailendra Mittal
|
Managing Director | 30-Jun-1988 | Current |
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Vishwanathan Nair
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CFO | 30-May-2016 | Current |
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Zurica Pinto
|
Company Secretary | 06-Feb-2017 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Jacinta Nayagam
|
Director | 05-Jul-2016 | Current |
|
Hemant Panchal
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Director | 13-Nov-2019 | Current |
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Jyoti Gupta
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Additional Director | 05-Nov-2024 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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R J Trade Wings Private LimitedShailendra Mittal is a mutual person
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Trade Wings Hotels Limited.Shailendra Mittal is a mutual person
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Narayani Hospitality & Academic Institution Private LimitedShailendra Mittal is a mutual person
Charges (Loans)
₹32.94 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Aug 2023 | Others | ₹1.21 Cr | Open |
| 29 Mar 2023 | Others | ₹1.04 Cr | Open |
| 10 May 2018 | Others | ₹4.95 Cr | Open |
| 17 Nov 2009 | Union Bank Of India | ₹4.00 Cr | Open |
| 25 Feb 2009 | Union Bank Of India | ₹4.00 Cr | Open |
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.
Deals i
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
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.
