Paila Innovations Private Limited
About Paila Innovations Private Limited
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Paila Innovations Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the travel and tourism segment of the tourism and accommodation sector. It was incorporated on 10 June 2015.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U63040DL2015PTC281378. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Srinivasu Paila and Paila Santhi.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 1609 – 10 Ground Floor Main Bazar Pahar Ganj, New Delhi, Delhi, India – 110055.
As per the financials filed for FY 2017, the company reported a revenue of ₹18.56 Lakh, a growth of 119% compared to the previous year. For the same year it recorded a net profit of ₹10,333 (net margin 0.6%) and EBITDA of ₹41,539 (EBITDA margin 2.2%).
Company details
Contact details
Paila Innovations Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1609 – 10 Ground Floor Main Bazar Pahar Ganj, New Delhi, Delhi, India – 110055
- IndustryTourism And Accommodation, Travel & Tourism
To see the full contact details of Paila Innovations 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
Business activity
The main business activity of Paila Innovations is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Paila Innovations Private Limited, buy the company report.
Financials of Paila Innovations Private Limited
FY 2017 filings availablePaila Innovations Private Limited reported revenue of ₹18.56 Lakh (up 119% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 119% in the latest year. EBITDA fell 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹18.56 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹41,539 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹10,333 | |
| 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 | ||
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| Total Assets | ||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.2% | |
| Net Profit Margin | 0.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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| Revenue Growth | ||
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To see the full financial statements and ratios of Paila Innovations Private Limited, buy the company report.
Board of directors of Paila Innovations Private Limited
Paila Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasu Paila | Director | 10 Jun 2015 | 11 Years 5 Months | As last reported |
| Paila Santhi | Director | 10 Jun 2015 | 11 Years 5 Months | As last reported |
Peer comparison
Paila Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yugam Ventures Private Limited | ₹18.65 Lakh (FY 2018) | 22.0% | New Delhi, Delhi, India | |||
| Himalayan Stay India Private Limited | ₹18.64 Lakh (FY 2019) | -13.0% | Kullu, Himachal Pradesh, India | |||
| NXG Bookanywhere Travel & Technologies Private Limited | ₹18.63 Lakh (FY 2025) | 545.0% | Mapusa, Goa, India | |||
| Al Safina Holidays Private Limited | ₹18.6 Lakh (FY 2017) | -50.0% | Kochi, Kerala, India | |||
| Tensquare Business Ventures Private Limited | ₹18.58 Lakh (FY 2023) | 1166.0% | Jaipur, Rajasthan, India | |||
| Paila Innovations Private Limitedthis company | ₹18.56 Lakh (FY 2017) | ₹10,333 | 0.6% | 119.0% | New Delhi, Delhi, India | |
| Innovative Biz Management Services Private Limited | ₹18.55 Lakh (FY 2025) | 10.0% | Jalandhar, Punjab, India | |||
| Triprubis Private Limited | ₹18.53 Lakh (FY 2025) | 9.0% | Kottakkal, Kerala, India | |||
| Magnus Memor Concepts (OPC) Private Limited | ₹18.53 Lakh (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Odiya Holidays Private Limited | ₹18.52 Lakh (FY 2025) | 7.0% | Berhampur, Odisha, India | |||
| Sumanya Travel Services Private Limited | ₹18.52 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Paila Innovations Private Limited, buy the company report.
Auditor
Paila Innovations Private Limited is audited by PRADEEP & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADEEP & CO. | FY 2017 | 022544N |
Shareholding
The shareholding of Paila Innovations 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 Paila Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paila Innovations 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 Paila Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paila Innovations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Paila Innovations Private Limited, buy the company report.
Recent activity
Paila Innovations Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Paila Santhi was appointed as Director on 10 Jun 2015.
Frequently asked questions
Paila Innovations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Paila Innovations was a private limited company based in New Delhi, Delhi, India. The company worked in travel and tourism, within the tourism and accommodation industry. It was incorporated on 10 June 2015 and is registered under CIN U63040DL2015PTC281378. The company has been struck off by the Registrar of Companies and is no longer operational.
Paila Innovations had 2 directors:
- Srinivasu Paila - Director
- Paila Santhi - Director
The CIN (Corporate Identification Number) of Paila Innovations is U63040DL2015PTC281378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Paila Innovations is at 1609 – 10 Ground Floor Main Bazar Pahar Ganj, New Delhi, Delhi, India – 110055.
Paila Innovations was incorporated on 10 June 2015. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Paila Innovations on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from FY 2016 are in the company report.
No. Paila Innovations has 1 GST registration on record and it is cancelled or inactive.
Paila Innovations operated in the tourism and accommodation industry, in the travel and tourism segment. It worked in this industry before it was struck off.
The peers of Paila Innovations by revenue are Yugam Ventures Private Limited, Himalayan Stay India Private Limited, NXG Bookanywhere Travel & Technologies Private Limited, Al Safina Holidays Private Limited, Tensquare Business Ventures Private Limited and 5 more, all in the same principal business activity (travel agency and tour operators).
Paila Santhi was appointed as Director on 10 Jun 2015. Srinivasu Paila was appointed as Director on 10 Jun 2015.
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