About Digital Travels Private Limited
Data last updated:
Digital Travels Private Limited is a private limited company based in Pune, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 30 April 2007.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U63040PN2007PTC130059. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Manisha Balasaheb Memane and Balasaheb Nivrutti Memane.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Shop No. 9 Manisha Bliz Near Photo Fast Shankar Math Hadapsar, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2014, the company reported a revenue of ₹7.79 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹30.72 Lakh (net margin 3.9%) and EBITDA of ₹7.79 Cr (EBITDA margin 100%).
As per MCA filings, the company has open charges of ₹1.68 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 3 cases are pending.
The last known website on record is digitaltravel.biz.
Company details
Contact details
Digital Travels Private Limited's registered office is in Pune, Maharashtra. Its website is digitaltravel.biz. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 9 Manisha Bliz Near Photo Fast Shankar Math Hadapsar, Pune, Maharashtra, India – 411028
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Digital Travels 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 Digital Travels Private Limited
FY 2015 filings availableDigital Travels Private Limited reported revenue of ₹7.79 Cr (up 6% YoY) for FY 2014.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year. EBITDA rose 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2013-14 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹7.79 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹7.79 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹30.72 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 2013-14 |
|---|---|
| Profitability | |
| EBITDA Margin | 100% |
| Net Profit Margin | 3.9% |
| 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 Digital Travels Private Limited, buy the company report.
Board of directors of Digital Travels Private Limited
Digital Travels 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 |
|---|---|---|---|---|
| Balasaheb Nivrutti Memane Also directs: Sakshi Trans Solutions Private Limited | Additional Director | 18 Jul 2014 | 12 Years 3 Months | As last reported |
| Manisha Balasaheb Memane | Director | 30 Apr 2007 | 19 Years 6 Months | As last reported |
Shareholding
The shareholding of Digital Travels Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Digital Travels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2012 | 10381558 | Bank of India | ₹48 Lakh | Open | |
| 03 Feb 2009 | 10143411 | Bank of India | ₹1.2 Cr | Open |
To see the full charge records of Digital Travels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Digital Travels Private Limited has 8 court cases on record: 1 filed by Digital Travels, 7 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Mercedes Benz Financial Services Pvt.Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Bank of India Through Branch Manager and Recovery Officer | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Mercedes Benz Financial Services Pvt.Ltd. | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by Daimler Financial Services India Pvt Ltd Rep by Its Legal Executive K.Ramakrishna | Disposed |
To see the full case history of Digital Travels 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 Digital Travels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Digital Travels has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Digital Travels Private Limited, buy the company report.
Recent activity
Digital Travels Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Avinash Sudam Memane ceased to be Additional Director on 18 Jul 2014.
1 earlier event is in the company report.
Frequently asked questions
Digital Travels is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Digital Travels is a company under insolvency, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 30 April 2007 and is registered under CIN U63040PN2007PTC130059. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Digital Travels has 2 current directors:
- Balasaheb Nivrutti Memane - Additional Director
- Manisha Balasaheb Memane - Director
The latest financial statements of Digital Travels on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Digital Travels is U63040PN2007PTC130059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digital Travels has open charges of ₹1.68 Cr and no satisfied charges on record as per latest MCA filings.
Digital Travels has 8 court cases on record: 1 filed by the company and 7 filed against it. 3 are pending.
Digital Travels was incorporated on 30 April 2007. It is registered with the Registrar of Companies, Pune.
Avinash Sudam Memane ceased to be Additional Director on 18 Jul 2014. Balasaheb Nivrutti Memane was appointed as Additional Director on 18 Jul 2014. Nivrutti Baburao Memane ceased to be Director on 15 May 2013. Digital Travels has 7 board changes on record in total.
Digital Travels can be reached through the website digitaltravel.biz. Its registered office is in Pune, Maharashtra, India.
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