About Interglobe Enterprises Limited
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Interglobe Enterprises Limited was a public limited company based in Jaipur, Rajasthan, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 13 September 1989.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U63040RJ1989PLC049662. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹148 Cr and a paid-up capital of ₹92.9 Lakh. It was led by directors including Kapil Bhatia (Managing Director) and Pash Bhatia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Office Space No. 106 1st Floor Jaipur Towers M.I. Road, Rajasthan, India – 302001.
As per the financials filed for FY 2016, the company reported a revenue of ₹691.7 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹1,145.95 Cr (net margin 165.7%) and EBITDA of ₹2,430.29 Cr (EBITDA margin 351.4%).
The company had about 86 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 6 subsidiaries and 7 joint ventures.
The company was associated with 2 brands: InterGlobe Technologies and InterGlobe Enterprises. As per MCA filings, the company had satisfied charges of ₹138.52 Cr on record. Court records list 24 cases involving the company, including 14 filed by the company and 10 filed against it; 2 cases are pending.
The last known website on record is interglobe.com.
Company details
CIN history
Interglobe Enterprises has one previous CIN (Corporate Identification Number): U63040DL1989PLC037689. The current CIN is U63040RJ1989PLC049662, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63040RJ1989PLC049662 | Current |
| U63040DL1989PLC037689 | Previous |
Contact details
Interglobe Enterprises Limited's registered office is in Jaipur, Rajasthan. Its website is interglobe.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressOffice Space No. 106 1st Floor Jaipur Towers M.I. Road, Rajasthan, India – 302001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Interglobe Enterprises 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
Interglobe Enterprises operates two associated brands: InterGlobe Technologies and InterGlobe Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tech solutions are provided exclusively to the travel industry. | interglobetechnologies.com | |
| Passenger airline and aviation services are provided internationally. | interglobe.com |
Business activity
The main business activities of Interglobe Enterprises are real estate, support service to organizations and information and communication. In detail, this covers real estate activities with own or leased property, other support services to organizations and other information & communication service activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| N | Support service to Organizations | N7 | Other support services to organizations | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Interglobe Enterprises Limited, buy the company report.
Financials of Interglobe Enterprises Limited
FY 2016 filings availableInterglobe Enterprises Limited reported revenue of ₹691.7 Cr (down 27% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year. EBITDA rose 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹691.7 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2,430.29 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1,145.95 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 351.4% | |
| Net Profit Margin | 165.7% | |
| 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 Interglobe Enterprises Limited, buy the company report.
Board of directors and KMP of Interglobe Enterprises Limited
Interglobe Enterprises Limited currently reports 8 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pash Bhatia | Whole-Time Director | 01 Apr 1992 | 34 Years 7 Months | As last reported |
| Sanjeev Kumar | Cfo | 08 Dec 2014 | 11 Years 11 Months | As last reported |
| Narendra Singh Bisht | Director | 20 May 2016 | 10 Years 5 Months | As last reported |
| Kanwal Kishan Hazari Also directs: Magoo Strategic Infotech Private Limited | Director | 29 Mar 1996 | 30 Years 7 Months | As last reported |
| Rahul Bhatia Also directs: Interglobe Hotels Private Limited, Interglobe Enterprises Private Limited, Interglobe Aviation Limited and 4 more | Whole-Time Director | 13 Sep 1989 | 37 Years 1 Months | As last reported |
| Jitindar Bir Singh Also directs: Interglobe Hotels Private Limited, Interglobe Enterprises Private Limited, Interglobe Education Services Limited and 4 more | Director | 21 Sep 2012 | 14 Years 1 Months | As last reported |
Auditor
Interglobe Enterprises Limited is audited by Sethi & Mehra for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sethi & Mehra | FY 2016 |
Shareholding
The shareholding of Interglobe Enterprises Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Interglobe Enterprises Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2016 | 10622470 | Kotak Mahindra Bank Limited | ₹2.5 Cr | Satisfied | |
| 29 Jun 2015 | 10610736 | Hdfc Bank Limited | ₹11.25 Lakh | Satisfied | |
| 29 Jun 2015 | 10610734 | Hdfc Bank Limited | ₹5.79 Lakh | Satisfied | |
| 23 Jun 2015 | 10610735 | Hdfc Bank Limited | ₹4.49 Lakh | Satisfied | |
| 23 Jun 2015 | 10610732 | Hdfc Bank Limited | ₹4.38 Lakh | Satisfied |
To see the full charge records of Interglobe Enterprises Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Interglobe Enterprises Limited has 24 court cases on record: 14 filed by Interglobe Enterprises, 10 filed against it. 2 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 4 | 1 |
| District courts | 9 | 5 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed by the company against Ms Galileo India Pvt Ltd. and 3 others | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Next Gen Communications Ltd. | Disposed |
| Supreme Court | Court case (0816-Letter Petition & Pil Matters : SLPs filed against judgments / orders passed by the High Courts in Writ Petitions filed as PIL) | Filed against the company by Spice Jet Ltd. Through Its Manager 319, Udyog Vihar, Phase IV, , District: Gurgaon ,Gurgaon , Haryana | Pending |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of CGST, C. Ex, Mumbai South Commissionerate | Pending |
| District court, Gurugram, Haryana | Appeal | Filed against the company by M/S Sarvmangalam Builders and Developers Limited | Disposed |
To see the full case history of Interglobe Enterprises 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 Interglobe Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Interglobe Enterprises has 6 subsidiary companies, 7 joint ventures, and 3 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Interglobe Air Transport Limited | U62200DL2009PLC196031 | |
| Interglobe Established Private Limited | U63090DL2007PTC162697 | |
| Sarv Estate Private Limited | U70109DL2011PTC218867 | |
| Interglobe Technologies International Private Limited | U74999HR2009PTC043308 | |
| Interglobe Education Services Limited | U80301DL2011PLC224686 | |
| Interglobe Foundation | U92490DL2010NPL199860 |
To see the full group structure of Interglobe Enterprises Limited, buy the company report.
Employees & EPFO
Interglobe Enterprises Limited has a workforce of 86 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Interglobe Enterprises has 10 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 Interglobe Enterprises Limited, buy the company report.
Recent activity
Interglobe Enterprises Limited has 19 board changes on record since 1989: 9 appointments and 10 cessations. The latest: Narendra Singh Bisht ceased to be Additional Director on 26 Sep 2016.
51 earlier events are in the company report.
News
Frequently asked questions
Interglobe Enterprises has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Interglobe Enterprises was a public limited company based in Jaipur, Rajasthan, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 13 September 1989 and is registered under CIN U63040RJ1989PLC049662. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Interglobe Enterprises was incorporated on 13 September 1989. It is registered with the Registrar of Companies, Jaipur.
Interglobe Enterprises had 9 directors and KMP:
- Kapil Bhatia - Managing Director
- Pash Bhatia - Whole-Time Director
- Rahul Bhatia - Whole-Time Director
- Neena Gupta - Whole-Time Director
- Narendra Singh Bisht - Director
- Kanwal Kishan Hazari - Director
- Jitindar Bir Singh - Director
- Aditya Ghosh - Director
- Sanjeev Kumar - Cfo
The CIN (Corporate Identification Number) of Interglobe Enterprises is U63040RJ1989PLC049662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Interglobe Enterprises is at Office Space No. 106 1st Floor Jaipur Towers M.I. Road, Rajasthan, India – 302001.
Interglobe Enterprises can be reached through the website interglobe.com. Its registered office is in Jaipur, Rajasthan, India.
The latest financial statements of Interglobe Enterprises on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 September 2016. Year-wise statements from 2015 are in the company report.
No. Interglobe Enterprises has 10 GST registrations on record and all of them are cancelled or inactive.
Interglobe Enterprises operated in the financial services industry, in the real estate financing segment.
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