About Hermes I Tickets Private Limited
Data last updated:
Hermes I Tickets Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Wirecard Sales International Holding Gmbh. It operates in the online ticket booking services segment of the internet and digital services sector. It was incorporated on 24 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63040TN2006PTC082562. Its GSTIN is 33AABCH7295J1ZB (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.84 Lakh. It is led by directors including Manojkumar Sahu and Gowtham Ramachandran.
Its last annual general meeting (AGM) was held on 07 March 2019, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2022, the company reported a revenue of ₹37.49 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹32.61 Cr (net margin -87%) and EBITDA of -₹29.94 Cr (EBITDA margin -79.9%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 28% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TheSmartShop. As per MCA filings, the company has satisfied charges of ₹50.16 Cr on record. Court records list 88 cases involving the company, including 56 filed by the company and 32 filed against it; 11 cases are pending. The company has 17 deals on record (9 secondary share transfers, 8 funding rounds), with disclosed funding of ₹15.17 Cr; the latest was in March 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hermesnetwork.in.
Company details
CIN history
Hermes I Tickets has one previous CIN (Corporate Identification Number): U63040KA2006PTC040026. The current CIN is U63040TN2006PTC082562, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63040TN2006PTC082562 | Current |
| U63040KA2006PTC040026 | Previous |
Contact details
Hermes I Tickets Private Limited's registered office is in Chennai, Tamil Nadu. Its website is hermesnetwork.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSai Krupa Plot No. 30A (South Phase) First Floor SIDCO Thiru – VI – Ka Industrial Estate Guin, Dy, Chennai, Tamil Nadu, India – 600032
- IndustryInternet, Online Ticket Booking Services
To see the full contact details of Hermes I Tickets 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
Hermes I Tickets operates one associated brand: TheSmartShop. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital platform for correspondent banking services, facilitating secure financial transactions. | thesmartshop.in |
Business activity
The main business activity of Hermes I Tickets is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Hermes I Tickets Private Limited, buy the company report.
Financials of Hermes I Tickets Private Limited
FY 2022 filings availableHermes I Tickets Private Limited reported revenue of ₹37.49 Cr (down 50% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 50% fall in the latest year. EBITDA rose 79% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹37.49 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹29.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32.61 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -79.9% | ||||
| Net Profit Margin | -87% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Hermes I Tickets Private Limited, buy the company report.
Board of directors of Hermes I Tickets Private Limited
Hermes I Tickets has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manojkumar Sahu Also directs: Gi Technology Private Limited | Director | 04 Feb 2016 | 10 Years 8 Months | Current |
| Gowtham Ramachandran Also directs: TCLC AI Services Private Limited | Additional Director | 22 Feb 2024 | 2 Years 8 Months | Current |
| Thivyadoss Vijay Fredrick Also directs: Wirecard India Private Limited | Additional Director | 22 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Hermes I Tickets Private Limited is audited by M/S. Senthil & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S. Senthil & Associates | FY 2022 | 013655S |
Shareholding
The shareholding of Hermes I Tickets Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hermes I Tickets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2012 | 10335033 | The Karur Vysya Bank Limited | ₹16 Lakh | Satisfied | |
| 26 Dec 2009 | 10199576 | The Karur Vysya Bank Limited | ₹50 Cr | Satisfied |
To see the full charge records of Hermes I Tickets Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Hermes I Tickets Private Limited has 17 deals on record (9 secondary share transfers, 8 funding rounds), with disclosed funding of ₹15.17 Cr; the latest was in March 2017.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Wirecard Sales International GMBH, Wirecard India Private Limited Seller: Eagm Ventures (India) Private Limited , 3 individuals |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Marylands Impex Private Limited , 3 individuals |
| Mar 2013 | Funding round | ₹3.49 Cr | Investors: Gi Retail Private Limited , 2 individuals |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: Gi Retail Private Limited , Eagm Ventures (India) Private Limited Seller: an individual |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: Gi Retail Private Limited , an individual Seller: 3 individuals |
To see the full deal history of Hermes I Tickets Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hermes I Tickets Private Limited has 88 court cases on record: 56 filed by Hermes I Tickets, 32 filed against it. 11 cases are pending and 77 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 60 | 25 | 11 |
| District courts | 26 | 6 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 88)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed against the company by M/S Shree Sati Travels Pvt. Ltd. | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by G.I.Retail Private Limited | Disposed |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed by the company against Balaji Trips Pvt Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed by the company against Neptune Travels India Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Arbitration matter | Filed by the company against , R4 - Gi Technology Private Limited C-9, T.V.K.Industrial Estate, Guindy, Chennai 600 03 and 9 others | Disposed |
To see the full case history of Hermes I Tickets 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 Hermes I Tickets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hermes I Tickets Private Limited has a workforce of 17 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Hermes I Tickets has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCH7295J1ZB | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hermes I Tickets Private Limited, buy the company report.
Recent activity
Hermes I Tickets Private Limited has 15 board changes on record since 2010: 3 appointments and 12 cessations. The latest: Prabhakar Sujatha ceased to be Additional Director on 23 Feb 2024.
11 earlier events are in the company report.
Frequently asked questions
Hermes I Tickets is an active private limited company based in Chennai, Tamil Nadu, India. The company works in online ticket booking services, within the internet industry. It was incorporated on 24 July 2006 (20+ years old) and is registered under CIN U63040TN2006PTC082562.
Hermes I Tickets has 3 current directors:
- Manojkumar Sahu - Director
- Gowtham Ramachandran - Additional Director
- Thivyadoss Vijay Fredrick - Additional Director
The latest financial statements of Hermes I Tickets on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 07 March 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Hermes I Tickets is 33AABCH7295J1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Hermes I Tickets is U63040TN2006PTC082562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hermes I Tickets has 88 court cases on record: 56 filed by the company and 32 filed against it. 11 are pending. Most are in the high courts.
Hermes I Tickets was incorporated on 24 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
Hermes I Tickets has 17 deals on record (9 secondary share transfers, 8 funding rounds), with disclosed funding of ₹15.17 Cr; the latest was in March 2017.
Prabhakar Sujatha ceased to be Additional Director on 23 Feb 2024. Gowtham Ramachandran was appointed as Additional Director on 22 Feb 2024. Thivyadoss Vijay Fredrick was appointed as Additional Director on 22 Feb 2024. Hermes I Tickets has 15 board changes on record in total.
Hermes I Tickets can be reached through the website hermesnetwork.in. Its registered office is in Chennai, Tamil Nadu, India.