About Latitudes Tourism Private Limited
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Latitudes Tourism Private Limited was a private limited company based in Bangalore, Karnataka, 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 travel and tourism segment of the tourism and accommodation sector. It was incorporated on 09 January 2002.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U63040KA2002PTC029980.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.22 Lakh. It was led by directors including Laxmidas Vallabhdas Merchant and Venkataraman Ramachandran.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 331 – 336 Raheja Arcade Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2018, the company reported a revenue of ₹45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹107.94 Cr (net margin 239.9%) and EBITDA of ₹107.94 Cr (EBITDA margin 239.9%).
The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2018.
The last known website on record is tallysolutions.com.
Company details
Contact details
Latitudes Tourism Private Limited's registered office is in Bangalore, Karnataka. Its website is tallysolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address331 – 336 Raheja Arcade Koramangala, Bangalore, Karnataka, India – 560095
- IndustryTourism And Accommodation, Travel & Tourism
To see the full contact details of Latitudes Tourism 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
Financials of Latitudes Tourism Private Limited
FY 2018 filings availableLatitudes Tourism Private Limited reported revenue of ₹45 Cr (up 706569% YoY) for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹107.94 Cr | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | ₹107.94 Cr | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 239.9% | |||
| Net Profit Margin | 239.9% | |||
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To see the full financial statements and ratios of Latitudes Tourism Private Limited, buy the company report.
Board of directors of Latitudes Tourism Private Limited
Latitudes Tourism has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmidas Vallabhdas Merchant Also directs: Kamalakar Enterprises LLP, Narahari Enterprises LLP, B. D. Industries (Pune) Limited and 5 more | Director | 29 Feb 2016 | 10 Years 8 Months | As last reported |
| Venkataraman Ramachandran Also directs: RB Holdings Private Limited, Watermark Infratech Private Limited, RB Media Holdings Private Limited and 5 more | Director | 18 Oct 2016 | 10 Years 0 Months | As last reported |
| Bharat Goenka Also directs: Shyam-Savera Realty LLP, Navmaya Tech Services Private Limited, Tally Account Aggregator Services Private Limited and 1 more | Director | 09 Mar 2005 | 21 Years 7 Months | As last reported |
Auditor
Latitudes Tourism Private Limited is audited by JOY DALIA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOY DALIA & CO | FY 2017 | 104460W |
Shareholding
The shareholding of Latitudes Tourism Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Latitudes Tourism Private Limited, buy the company report.
Deals & funding
Latitudes Tourism Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹48.7 Cr | Investors: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Latitudes Tourism Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Latitudes Tourism Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Latitudes Tourism has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Latitudes Tourism Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Latitudes Tourism Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Venkataraman Ramachandran ceased to be Additional Director on 21 Sep 2017.
News
Frequently asked questions
Latitudes Tourism 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.
Latitudes Tourism was a private limited company based in Bangalore, Karnataka, India. The company worked in travel and tourism, within the tourism and accommodation industry. It was incorporated on 09 January 2002 and is registered under CIN U63040KA2002PTC029980. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Latitudes Tourism was incorporated on 09 January 2002. It is registered with the Registrar of Companies, Bangalore.
Latitudes Tourism had 3 directors:
- Laxmidas Vallabhdas Merchant - Director
- Venkataraman Ramachandran - Director
- Bharat Goenka - Director
The CIN (Corporate Identification Number) of Latitudes Tourism is U63040KA2002PTC029980. 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 Latitudes Tourism is at 331 – 336 Raheja Arcade Koramangala, Bangalore, Karnataka, India – 560095.
Latitudes Tourism can be reached through the website tallysolutions.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Latitudes Tourism on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
Latitudes Tourism operated in the tourism and accommodation industry, in the travel and tourism segment.
Latitudes Tourism has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2018.
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