About Gitic Tourism Private Limited
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Gitic Tourism Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Fijita Enterprises Private Limited. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 13 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63040KA2015PTC078833. Its GSTIN is 29AADCH5554J1Z8 (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.72 Cr. It was formerly known as Hey Worldholidays Private Limited and Hey Bnb Private Limited. It is led by directors Channa Kanakaraja and Ganapathi Mala Joshy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Aa – 3 Imperial Court Cunningham Road, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2025, the company reported a revenue of ₹80,711, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.73 Lakh and EBITDA of ₹60,991 (EBITDA margin 75.6%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 37% over five years.
The company is associated with 1 brand: HeyHolidays. Court records list 1 case involving the company, including 1 filed against it. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹5.52 Cr; the latest was in March 2018. Its 10 peer companies in the Transport and Logistics industry (Diversified Logistics) are compared by revenue, 5 larger and 5 smaller; the largest is Hari Om Trading Company Private Limited with revenue of ₹82,870.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heyholidays.com.
Company details
Name history
Gitic Tourism has undergone 4 name changes throughout its history. The current legal name is Gitic Tourism Private Limited.
| Company Name | Status |
|---|---|
| Gitic Tourism Private Limited | Current |
| Hey Worldholidays Private Limited | Previous |
| Hey Bnb Private Limited | Previous |
| Hey Holidayworld Private Limited | Previous |
Contact details
Gitic Tourism Private Limited's registered office is in Bangalore, Karnataka. Its website is heyholidays.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressAa – 3 Imperial Court Cunningham Road, Bangalore, Karnataka, India – 560052
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Gitic Tourism 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
Brands
Gitic Tourism operates one associated brand: HeyHolidays. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Vacation rentals are booked via an online marketplace platform. | heyholidays.com |
Financials of Gitic Tourism Private Limited
FY 2025 filings availableGitic Tourism Private Limited reported revenue of ₹80,711 (up 296% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 296% growth in the latest year. EBITDA rose 143% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹60,991 | ||||
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| Net Profit (PAT) | -₹7.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 75.6% | ||||
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To see the full financial statements and ratios of Gitic Tourism Private Limited, buy the company report.
Board of directors of Gitic Tourism Private Limited
Gitic Tourism has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Channa Kanakaraja Also directs: Singita Kosha Trading Private Limited, Nitstone Capital Private Limited, Photo Concierge Private Limited and 2 more | Director | 30 Oct 2021 | 5 Years 0 Months | Current |
| Ganapathi Mala Joshy Also directs: Master Components Limited, N G E F Ltd., Orange Self Storage Private Limited and 1 more | Director | 13 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Gitic Tourism Private Limited is compared with the 10 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hari Om Trading Company Private Limited | ₹82,870 (FY 2022) | -25.0% | Champa, Chhattisgarh, India | |||
| Horizon Sea Management Services Private Limited | ₹81,951 (FY 2017) | -69.0% | Panchkula, Haryana, India | |||
| Frequent Logistics Services Private Limited | ₹81,181 (FY 2024) | 7.0% | New Delhi, Delhi, India | |||
| Jupiter Logistics Private Limited | ₹80,894 (FY 2025) | Mumbai, Maharashtra, India | ||||
| B. P. J. Transports Private Limited | ₹80,765 (FY 2021) | -98.0% | Madurai, Tamil Nadu, India | |||
| Gitic Tourism Private Limitedthis company | ₹80,711 (FY 2025) | -₹7.73 Lakh | 296.0% | Bangalore, Karnataka, India | ||
| Palogix TMC Private Limited | ₹80,500 (FY 2023) | -71.0% | Varanasi, Uttar Pradesh, India | |||
| Worldwide Logiline Shippers Private Limited | ₹80,400 (FY 2023) | Mumbai, Maharashtra, India | ||||
| Tenaga Logistics Private Limited | ₹80,329 (FY 2022) | -91.0% | Gurgaon, Haryana, India | |||
| JCPL Logistics Private Limited | ₹80,110 (FY 2021) | -80.0% | Mumbai, Maharashtra, India | |||
| Nageshwar Shipping Private Limited | ₹79,950 (FY 2023) | Gandhidham, Gujarat, India |
To see the full peer comparison of Gitic Tourism Private Limited, buy the company report.
Auditor
Gitic Tourism Private Limited is audited by RAVINDRANATH & NESUR for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVINDRANATH & NESUR | FY 2020 | 005539S |
Shareholding
The shareholding of Gitic Tourism Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gitic Tourism Private Limited, buy the company report.
Deals & funding
Gitic Tourism Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹5.52 Cr; the latest was in March 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹4.77 Cr | Investors: an individual |
| Jan 2018 | Funding round | ₹12 Lakh | Investors: an individual |
| Jun 2017 | Funding round | ₹63.7 Lakh | Investors: an individual |
| Sep 2016 | Funding round | ₹10,000 | Investors: BCCL |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gitic Tourism Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Emtici Engineering Limited | Disposed |
To see the full case history of Gitic Tourism Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gitic Tourism Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gitic Tourism has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH5554J1Z8 | Karnataka | Active | 28 Jun 2017 |
To see the full GST registrations and return filing status of Gitic Tourism Private Limited, buy the company report.
Recent activity
Gitic Tourism Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Channa Kanakaraja ceased to be Additional Director on 30 Nov 2021.
News
Frequently asked questions
Gitic Tourism is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 13 February 2015 (11+ years old) and is registered under CIN U63040KA2015PTC078833.
Gitic Tourism has 2 current directors:
- Channa Kanakaraja - Director
- Ganapathi Mala Joshy - Director
The latest financial statements of Gitic Tourism on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gitic Tourism is 29AADCH5554J1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Gitic Tourism is U63040KA2015PTC078833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gitic Tourism has 1 court case on record: 1 filed against it.
Gitic Tourism was incorporated on 13 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Gitic Tourism has 4 deals on record (4 funding rounds), with disclosed funding of ₹5.52 Cr; the latest was in March 2018.
The peers of Gitic Tourism by revenue are Hari Om Trading Company Private Limited, Horizon Sea Management Services Private Limited, Frequent Logistics Services Private Limited, Jupiter Logistics Private Limited, B. P. J. Transports Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Channa Kanakaraja ceased to be Additional Director on 30 Nov 2021. Channa Kanakaraja was appointed as Director on 30 Oct 2021. Nitesh Shetty ceased to be Director on 16 Jun 2021. Gitic Tourism has 7 board changes on record in total.
Gitic Tourism can be reached through the website heyholidays.com. Its registered office is in Bangalore, Karnataka, India.
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