About Explera Vacations Private Limited
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Explera Vacations Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 30 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63030GJ2019PTC108425. Its GSTIN is 24AAFCE5092A1Z1 (Gujarat). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Binal Mitesh Baldha and Mitesh Jagdishbhai Baldha.
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 S – 021 Dream City, Surat Diamond Bourse, Gujarat, India – 395007.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.06 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹24.46 Lakh (net margin -3.5%) and EBITDA of -₹22.33 Lakh (EBITDA margin -3.2%). Revenue has grown at a compounded annual rate (CAGR) of 112% over three years.
The company is associated with 2 brands: ExpleGo and Book Cheap.
For more details, the company can be reached via its website explera.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressS – 021 Dream City, Surat Diamond Bourse, Gujarat, India – 395007
- IndustryTransport and Logistics, Travel & Tour Services
- 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
- One PDF report, delivered after checkout
Business Activity of Explera Vacations Private Limited
The main business activity of Explera Vacations is support service to organizations. In detail, this covers travel agency and tour operators.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Explera Vacations Private Limited FY 2025 filings available
Explera Vacations Private Limited reported revenue of ₹7.06 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Explera Vacations Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 112% over three years, including 8% growth in the latest year. EBITDA fell 291% 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 of Explera Vacations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹22.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹24.46 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 of Explera Vacations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Explera Vacations are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Explera Vacations Private Limited
Explera Vacations Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Allure Travelseva Services Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Gullivers Tours & Travels (India) Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Trumove Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Al-Hussam Travel and Tours India Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Oasis DMC Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Explera Vacations Private Limited this company | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Cochin Tours and Travels Private Limited | •••• | •••• | •••• | •••• | - | Cochin, Kerala, India |
| Bay Watch Travels Private Limited | •••• | •••• | •••• | •••• | - | Chennai-600008, Tamil Nadu, India |
| Soujanya Tours & Travels Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Airplus Travel Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Evans Holyland Tours Private Limited | •••• | •••• | •••• | •••• | - | Radhapuram Taluk, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Explera Vacations by revenue in the Transport and Logistics industry (Tour and Travel Operators), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Explera Vacations Private Limited
Explera Vacations Private Limited is audited by JAIN ASHWIN & COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN ASHWIN & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Explera Vacations Private Limited
Explera Vacations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binal Mitesh Baldha | Director | 30 May 2019 | 7 Years 4 Months | Current |
| Mitesh Jagdishbhai Baldha | Director | 17 Aug 2022 | 4 Years 1 Months | Current |
Ownership and Shareholding of Explera Vacations Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Explera Vacations Private Limited
Explera Vacations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Explera Vacations Private Limited
Explera Vacations operates two associated brands: ExpleGo and Book Cheap. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| ExpleGo is an online platform for booking flights and hotels conveniently. | explego.com | |
| Online booking for flights, hotels, and travel services. | explera.in |
Employees and EPFO Compliance at Explera Vacations Private Limited
Employment history and EPFO contributions of people linked to Explera Vacations.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Explera Vacations Private Limited
Explera Vacations Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Mitesh Jagdishbhai Baldha ceased to be Additional Director on 16 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Explera Vacations Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Explera Vacations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Explera Vacations Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Explera Vacations Private Limited
Explera Vacations has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCE5092A1Z1 | Gujarat | Active | 09 Jun 2019 |
| 27AAFCE5092A1ZV | Maharashtra | Active | 07 Jun 2019 |
| 30AAFCE5092A1Z8 | Goa | Active | 24 Sep 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Explera Vacations Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Explera Vacations Private Limited
Explera Vacations is an active private limited company based in Surat, Gujarat, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 30 May 2019 (7+ years old) and is registered under CIN U63030GJ2019PTC108425.
Explera Vacations reported revenue of ₹7.06 Cr for FY 2024 (up 8% YoY).
Explera Vacations has 2 current directors:
- Binal Mitesh Baldha - Director
- Mitesh Jagdishbhai Baldha - Director
Explera Vacations reported a net loss of ₹24.46 Lakh (net margin -3.5%) and EBITDA of -₹22.33 Lakh (EBITDA margin -3.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Explera Vacations is 112% over three years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Explera Vacations is 24AAFCE5092A1Z1, registered in Gujarat. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAFCE5092A1ZV (Maharashtra), 30AAFCE5092A1Z8 (Goa).
The CIN (Corporate Identification Number) of Explera Vacations is U63030GJ2019PTC108425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Explera Vacations was incorporated on 30 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Explera Vacations by revenue are Allure Travelseva Services Private Limited, Gullivers Tours & Travels (India) Private Limited, Trumove Services Private Limited, Al-Hussam Travel and Tours India Private Limited, Oasis DMC Private Limited and 5 more, all in the Transport and Logistics industry (Tour and Travel Operators).
Mitesh Jagdishbhai Baldha ceased to be Additional Director on 16 Nov 2022. Ankur Ashokbhai Dhudiya ceased to be Director on 17 Aug 2022. Mitesh Jagdishbhai Baldha was appointed as Director on 17 Aug 2022. Explera Vacations has 4 board changes on record in total.
Yes, Explera Vacations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).