Travel Services Limited

Corporate GSA providing travel and airport services for airlines in India since 2001.

2001 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 20, 2024

Travel Services Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.30 Cr
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 36.19 Cr
  • Satisfied Charges ₹ 39.00 Cr
  • Revenue Growth 12.09%
  • Profit Growth 13.72%
  • Ebitda -0.62%
  • Net Worth 8.41%
  • Total Assets 1.83%

About Travel Services

Travel Services Limited (TSL) is a Public Limited Indian Non-Government Company incorporated in India on 26 September 2001 and has a history of 23 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Spencers Travel Services 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 2019. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.30 Cr.

The company currently has active open charges totaling ₹36.19 Cr. The company has closed loans amounting to ₹39.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Geetha George, Binu Varghese, and Sunil Nair serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63040TN2001PLC047809

  • Company No.

    047809

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 2001

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

What products or services does Travel Services Limited offer?

Travel Services Limited offers a wide range of products and services, including Tour Operators and Travel Agents, Tour Packages.

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

Board Members (3)

Name Designation Appointment Date Status
Geetha George Country flag representing In Director 06-Apr-2015 Current
Binu Varghese Country flag representing In Director 30-Sep-2017 Current
Sunil Nair Country flag representing In Additional Director 11-Jun-2020 Current

Financial Performance of Travel Services.

Travel Services Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 12.09% increase. The company also saw a substantial improvement in profitability, with a 13.72% increase in profit. The company's net worth moved up by a moderate rise of 8.41%.

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
12.09%
Revenue from Operations
8.34%
Total Assets
1.83%
Profit or Loss
13.72%
Net Worth
8.41%
EBITDA
-0.62%

What is the Ownership and Shareholding Structure of Travel Services?

In 2019, Travel Services had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.19 Cr

Satisfied Charges

₹39.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 35.50 Cr
  • Kotak Mahindra Prime Limited : 0.69 Cr

Latest Charge Details

Date Lender Amount Status
30 Apr 2015 Kotak Mahindra Prime Limited ₹6.90 M Open
06 Jan 2010 Axis Bank Limited ₹35.50 Cr Open
07 Jan 2004 Ge Capital Services India ₹14.50 Cr Satisfied
18 Jan 2002 Indian Overseas Bank ₹24.50 Cr Satisfied

How Many Employees Work at Travel Services?

Unlock and access historical data on people associated with Travel Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Travel Services, 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 Travel Services'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 Travel Services

Recent activity within the organization

  • Director Appointment

    Sunil Nair was appointed as a Additional Director was appointed as a Additional Director on 11 Jun 2020 & has been associated with this company since 4 years 7 months .

    11 Jun 2020

  • Annual General Meeting

    Travel Services Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Travel Services Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019

  • Director Appointment

    Binu Varghese was appointed as a Director was appointed as a Director on 30 Sep 2017 & has been associated with this company since 7 years 4 months .

    30 Sep 2017

  • Charges

    A charge with Kotak Mahindra Prime Limited amounted to Rs. 0.69 Cr with Charge ID 10594490 was registered on 30 Apr 2015.

    30 Apr 2015

  • Director Appointment

    Geetha George was appointed as a Director was appointed as a Director on 06 Apr 2015 & has been associated with this company since 9 years 9 months .

    06 Apr 2015

Frequently asked questions

  • Travel Services Limited was incorporated on 26 Sep 2001.

  • The authorized share capital of Travel Services Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.30 Cr.

  • Currently 3 directors are associated with Travel Services Limited.

    • Geetha George
    • Binu Varghese
    • Sunil Nair
  • As per Ministry of Corporate Affairs (Mca), the registered address of Travel Services Limited is Sudarshan Building 6Th Floor No.27 Whites Road, India, Chennai, Tamil Nadu, 600014.

  • The corporate identification number (CIN) of Travel Services Limited is U63040TN2001PLC047809 and the company number is 047809 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Travel Services Limited has risen by 12.09%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Travel Services Limited has experienced an upsurge of 8.41%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Travel Services Limited amount to ₹ 36.19 Cr.

  • The most recent Balance Sheet for Travel Services Limited was filed with the ROC on 31 Mar 2019.