MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0054933
Highsky Travels Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹4.24 Cr
▼ 40% YoY
Net loss · FY 2020
₹39.25 Lakh
Net margin -9.3%
EBITDA · FY 2020
-₹30.54 Lakh
EBITDA margin -7.2%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹94.74 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Highsky Travels Private Limited
Data last updated:
Highsky Travels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 06 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63000KA2016PTC097021. Its GSTIN is 29AADCH9934L2ZV (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Sachdev Sri Sheetal and Padmanabha Thumbooru Devarajulu.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.106/4 Old Madras Road Halasuru, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.24 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹39.25 Lakh (net margin -9.3%) and EBITDA of -₹30.54 Lakh (EBITDA margin -7.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
The company is associated with 1 brand: HighSky Travels. As per MCA filings, the company has open charges of ₹94.74 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Highsky Travels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0054933). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website highskytravels.com.
Company details
CIN U63000KA2016PTC097021
Registration Number 097021
Incorporation Date 06 October 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0054933
Recognitions & Rankings of Highsky Travels
Contact details
Highsky Travels Private Limited's registered office is in Bangalore, Karnataka. Its website is highskytravels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.106/4 Old Madras Road Halasuru, Bangalore, Karnataka, India – 560008
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Highsky Travels Private Limited, buy the company report.
Comprehensive company report
Highsky Travels Private Limited - one report that includes everything
- 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
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Brands
Highsky Travels operates one associated brand: HighSky Travels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Travel management services encompassing corporate travel, visas, car rentals, and foreign exchange in India. | highskytravels.com |
Business activity
The main business activity of Highsky Travels is transport and storage. In detail, this covers air transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H4 | Air transport |
To see the full business activity and turnover split of Highsky Travels Private Limited, buy the company report.
Financials of Highsky Travels Private Limited
FY 2020 filings availableHighsky Travels Private Limited reported revenue of ₹4.24 Cr (down 40% YoY) for FY 2020.
Revenue · FY 2020
₹4.24 Cr ▼ 40%
Net loss · FY 2020
₹39.25 Lakh margin -9.3%
EBITDA · FY 2020
-₹30.54 Lakh margin -7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 276%
3 years · compounded
▼ 89%
Revenue fell 40% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 276% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| 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 | -₹30.54 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹39.25 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -7.2% | |||
| Net Profit Margin | -9.3% | |||
| 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 Highsky Travels Private Limited, buy the company report.
Board of directors of Highsky Travels Private Limited
Highsky Travels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachdev Sri Sheetal | Director | 15 Jun 2018 | 8 Years 4 Months | Current |
| Padmanabha Thumbooru Devarajulu | Director | 06 Oct 2016 | 10 Years 1 Months | Current |
Auditor
Highsky Travels Private Limited is audited by NIRMALA SREENIVASULU & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRMALA SREENIVASULU & CO | FY 2017 | 011445S |
Shareholding
The shareholding of Highsky Travels Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Highsky Travels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹94.74 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2022 | 100568249 | Others | ₹3.8 Lakh | Open | |
| 31 Mar 2021 | 100439989 | Others | ₹38.15 Lakh | Open | |
| 31 Mar 2021 | 100439997 | Others | ₹5.09 Lakh | Open | |
| 27 Aug 2020 | 100366189 | Others | ₹7.7 Lakh | Open | |
| 31 Mar 2017 | 100092221 | Others | ₹40 Lakh | Open |
To see the full charge records of Highsky Travels Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Highsky Travels Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Karnataka Bank Ltd | Disposed |
To see the full case history of Highsky 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 Highsky Travels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Highsky Travels has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH9934L2ZV | Karnataka | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Highsky Travels Private Limited, buy the company report.
Recent activity
Highsky Travels Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Jayasudha ceased to be Director on 20 Jun 2018.
Charges
A charge with Others amounted to Rs. 3.80 Lakh with Charge ID 100568249 was registered on 18 Mar 2022.
Charges
A charge with Others amounted to Rs. 38.15 Lakh with Charge ID 100439989 was registered on 31 Mar 2021.
Charges
A charge with Others amounted to Rs. 5.09 Lakh with Charge ID 100439997 was registered on 31 Mar 2021.
AGM
Highsky Travels Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 7.70 Lakh with Charge ID 100366189 was registered on 27 Aug 2020.
Filing
Highsky Travels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Charges
A charge with Others of Rs. 40.00 Lakh registered on 31 Mar 2017 with Charge ID 100092221 was modified on 11 Nov 2019.
Ceased
Jayasudha ceased to be Director.
Appointed
Sachdev Sri Sheetal was appointed as Director.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100092221 was registered on 31 Mar 2017.
Appointed
Padmanabha Thumbooru Devarajulu was appointed as Director.
Incorporation
06 Oct 2016
Highsky Travels Private Limited was registered on 06 Oct 2016 with Roc Bangalore & aged 10 years 1 month as per MCA records.
Frequently asked questions
Highsky Travels is an active private limited company based in Bangalore, Karnataka, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 06 October 2016 (10+ years old) and is registered under CIN U63000KA2016PTC097021.
Highsky Travels has 2 current directors:
- Sachdev Sri Sheetal - Director
- Padmanabha Thumbooru Devarajulu - Director
The latest financial statements of Highsky Travels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Highsky Travels is 29AADCH9934L2ZV, registered in Karnataka. 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 Highsky Travels is U63000KA2016PTC097021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Highsky Travels has 1 court case on record: 1 filed against it.
Highsky Travels was incorporated on 06 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Jayasudha ceased to be Director on 20 Jun 2018. Sachdev Sri Sheetal was appointed as Director on 15 Jun 2018. Padmanabha Thumbooru Devarajulu was appointed as Director on 06 Oct 2016.
Yes, Highsky Travels is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0054933).
Highsky Travels can be reached through the website highskytravels.com. Its registered office is in Bangalore, Karnataka, India.
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