17Routes IT Services Private Limited
About 17Routes IT Services Private Limited
Data last updated:
17Routes IT Services Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 15 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC073046.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pankaja and Sharada Kirangiri.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.31 J Block Kumbarkoppal, Mysore, Karnataka, India – 570016.
As per the financials filed for FY 2017, the company reported a revenue of ₹41.73 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹9.88 Lakh (net margin 23.7%) and EBITDA of ₹15.39 Lakh (EBITDA margin 36.9%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
17Routes IT Services Private Limited's registered office is in Mysore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.31 J Block Kumbarkoppal, Mysore, Karnataka, India – 570016
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of 17Routes IT Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of 17Routes IT Services Private Limited
FY 2025 filings available17Routes IT Services Private Limited reported revenue of ₹41.73 Lakh (down 39% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 76%. EBITDA fell 36% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹41.73 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹15.39 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹9.88 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 36.9% | ||
| Net Profit Margin | 23.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of 17Routes IT Services Private Limited, buy the company report.
Board of directors of 17Routes IT Services Private Limited
17Routes IT Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaja | Director | 19 May 2017 | 9 Years 5 Months | Current |
| Sharada Kirangiri | Director | 27 Jan 2014 | 12 Years 8 Months | Current |
Shareholding
The shareholding of 17Routes IT Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of 17Routes IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving 17Routes IT Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for 17Routes IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for 17Routes IT Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
17Routes IT Services Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Chaluvegowda Shivakumara ceased to be Director on 20 May 2017.
Frequently asked questions
17Routes IT Services is an active private limited company based in Mysore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 15 January 2014 (12+ years old) and is registered under CIN U72200KA2014PTC073046.
17Routes IT Services has 2 current directors:
- Pankaja - Director
- Sharada Kirangiri - Director
The latest financial statements of 17Routes IT Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of 17Routes IT Services is U72200KA2014PTC073046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
17Routes IT Services was incorporated on 15 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Chaluvegowda Shivakumara ceased to be Director on 20 May 2017. Pankaja was appointed as Director on 19 May 2017. Sharada Kirangiri ceased to be Additional Director on 27 Mar 2014. 17Routes IT Services has 5 board changes on record in total.
The registered office of 17Routes IT Services is at No.31 J Block Kumbarkoppal, Mysore, Karnataka, India – 570016.
17Routes IT Services operates in the travel and hospitality industry, in the hotel and accommodation services segment.
The compliance status of 17Routes IT Services is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.
17Routes IT Services can be reached at its registered office: No.31 J Block Kumbarkoppal, Mysore, Karnataka, India – 570016.