About Hi Destination Management Private Limited
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Hi Destination Management Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 29 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2010PTC206436. Its GSTIN is 07AACCH4980P1ZZ (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Jugal Kishore Sharma and Sachin Sharma.
Its last annual general meeting (AGM) was held on 05 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 212 2nd Floor Phase III Okhla, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.7 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹98,968 (net margin -5.3%) and EBITDA of ₹42,422 (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 46% over five years.
The company has about 7 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website holidayindia.net.
Company details
Contact details
Hi Destination Management Private Limited's registered office is in New Delhi, Delhi. Its website is holidayindia.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address212 2nd Floor Phase III Okhla, New Delhi, Delhi, India – 110020
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Hi Destination Management 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 Hi Destination Management 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 Hi Destination Management Private Limited, buy the company report.
Financials of Hi Destination Management Private Limited
FY 2024 filings availableHi Destination Management Private Limited reported revenue of ₹18.7 Lakh (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 46%. EBITDA fell 64% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹42,422 | ||||
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| Net Profit (PAT) | -₹98,968 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | -5.3% | ||||
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To see the full financial statements and ratios of Hi Destination Management Private Limited, buy the company report.
Board of directors of Hi Destination Management Private Limited
Hi Destination Management has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jugal Kishore Sharma | Director | 29 Jul 2010 | 16 Years 3 Months | Current |
| Sachin Sharma | Director | 29 Jul 2010 | 16 Years 3 Months | Current |
Peer comparison
Hi Destination Management Private Limited is compared with the 6 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators), with 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 |
|---|---|---|---|---|---|---|
| Get Best Trip (OPC) Private Limited | ₹18.75 Lakh (FY 2022) | Jammu, Jammu and Kashmir, India | ||||
| Justa Expert Travel Solution Private Limited | ₹18.74 Lakh (FY 2025) | -2.0% | Ghaziabad, Uttar Pradesh, India | |||
| Joy Tours and Travels Private Limited | ₹18.74 Lakh (FY 2023) | -46.0% | Thane, Maharashtra, India | |||
| Hi Destination Management Private Limitedthis company | ₹18.7 Lakh (FY 2024) | -₹98,968 | -5.3% | 7.0% | 7 | New Delhi, Delhi, India |
| VCH Corporation Private Limited | ₹18.66 Lakh (FY 2021) | -93.0% | New Delhi, Delhi, India | |||
| Al Safina Holidays Private Limited | ₹18.6 Lakh (FY 2017) | -50.0% | Kochi, Kerala, India | |||
| Sumanya Travel Services Private Limited | ₹18.52 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Hi Destination Management Private Limited, buy the company report.
Auditor
Hi Destination Management Private Limited is audited by Singhal Mohit & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhal Mohit & Co. | FY 2015 |
Shareholding
The shareholding of Hi Destination Management Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hi Destination Management Private Limited, buy the company report.
Legal cases
Hi Destination Management Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by HDFC Bank Ltd | Disposed |
| District court, South East, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Commercial suit | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed against the company by an individual | Disposed |
To see the full case history of Hi Destination Management 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 Hi Destination Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hi Destination Management has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Hi Couture Private Limited | U18109DL2011PTC229362 | |
| Baravan Hotels Private Limited | U55101DL2011PTC227403 |
To see the full group structure of Hi Destination Management Private Limited, buy the company report.
Employees & EPFO
Hi Destination Management Private Limited has a workforce of 7 employees on its EPFO records as of Jan 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2016-17 | 7 |
GST
Hi Destination Management has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCH4980P1ZZ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi Destination Management Private Limited, buy the company report.
Recent activity
Hi Destination Management Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Jugal Kishore Sharma was appointed as Director on 29 Jul 2010.
Frequently asked questions
Hi Destination Management is an active private limited company based in New Delhi, Delhi, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 29 July 2010 (16+ years old) and is registered under CIN U74140DL2010PTC206436.
Hi Destination Management has 2 current directors:
- Jugal Kishore Sharma - Director
- Sachin Sharma - Director
The latest financial statements of Hi Destination Management on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi Destination Management is 07AACCH4980P1ZZ, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hi Destination Management is U74140DL2010PTC206436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi Destination Management has 5 court cases on record: 5 filed against it.
Hi Destination Management was incorporated on 29 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Hi Destination Management by revenue are Get Best Trip (OPC) Private Limited, Justa Expert Travel Solution Private Limited, Joy Tours and Travels Private Limited, VCH Corporation Private Limited, Al Safina Holidays Private Limited and 1 more, all in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators).
Jugal Kishore Sharma was appointed as Director on 29 Jul 2010. Sachin Sharma was appointed as Director on 29 Jul 2010.
Hi Destination Management can be reached through the website holidayindia.net. Its registered office is in New Delhi, Delhi, India.
The registered office of Hi Destination Management is at 212 2nd Floor Phase III Okhla, New Delhi, Delhi, India – 110020.
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