About Ligare Voyages Limited
Data last updated:
Ligare Voyages Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Rhc Holding Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 17 June 2006.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U62100DL2006PLC149800. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹240 Cr and a paid-up capital of ₹211.36 Cr. It was formerly known as Religare Voyages Limited and Regius Aviation Limited. It was led by directors including Jitender Singh Chandel (Whole-Time Director) and Shivinder Mohan Singh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Ground Floor Prius Platinum D3 District Centre Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2017, the company reported a revenue of ₹39.19 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹124.06 Cr (net margin -316.5%) and EBITDA of -₹266.88 Cr. Revenue has grown at a compounded annual rate (CAGR) of 123% over three years.
The company had about 4 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 5 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹530.5 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it. The company has 1 deal on record (1 funding round); the latest was in March 2012.
The last known website on record is ligarevoyages.com.
Company details
Name history
Ligare Voyages has undergone 3 name changes throughout its history. The company was previously known as Religare Voyages Limited, Regius Aviation Limited, and Regius Aviation Private Limited. The current legal name is Ligare Voyages Limited.
| Company Name | Status |
|---|---|
| Ligare Voyages Limited | Current |
| Religare Voyages Limited | Previous |
| Regius Aviation Limited | Previous |
| Regius Aviation Private Limited | Previous |
CIN history
Ligare Voyages has one previous CIN (Corporate Identification Number): U62100DL2006PTC149800. The current CIN is U62100DL2006PLC149800, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62100DL2006PLC149800 | Current |
| U62100DL2006PTC149800 | Previous |
Contact details
Ligare Voyages Limited's registered office is in New Delhi, Delhi. Its website is ligarevoyages.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor Prius Platinum D3 District Centre Saket, New Delhi, Delhi, India – 110017
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Ligare Voyages 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 Ligare Voyages is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Ligare Voyages Limited, buy the company report.
Financials of Ligare Voyages Limited
FY 2016 filings availableLigare Voyages Limited reported revenue of ₹39.19 Cr (down 11% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 123%. EBITDA fell 113% 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 2016-17 | FY 2015-16 | FY 2014-15 |
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| Other Income | |||
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| Total Expenses | |||
| EBITDA | -₹266.88 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹124.06 Cr | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | -316.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Ligare Voyages Limited, buy the company report.
Board of directors and KMP of Ligare Voyages Limited
Ligare Voyages Limited currently reports 3 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitender Singh Chandel | Whole-Time Director | 14 Jan 2016 | 10 Years 9 Months | As last reported |
| Shivinder Mohan Singh Also directs: Oscar Investments Limited, RHC Holding Private Limited, Finserve Shared Services Private Limited and 1 more | Director | 28 May 2007 | 19 Years 5 Months | As last reported |
| Malvinder Mohan Singh Also directs: Oscar Investments Limited, RHC Holding Private Limited, Finserve Shared Services Private Limited and 5 more | Director | 28 May 2007 | 19 Years 5 Months | As last reported |
| Mukesh Arora | Cfo | 16 Mar 2016 | 10 Years 7 Months | As last reported |
Auditor
Ligare Voyages Limited is audited by Ravi Rajan & Co., for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravi Rajan & Co., | FY 2016 | 009073N |
Shareholding
The shareholding of Ligare Voyages 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 Ligare Voyages Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2017 | 100139979 | Others | ₹135 Cr | Satisfied | |
| 17 Dec 2012 | 10394045 | Yes Bank Limited | ₹220.5 Cr | Satisfied | |
| 26 Sep 2012 | 10382169 | Religare Finvest Limited | ₹175 Cr | Satisfied |
To see the full charge records of Ligare Voyages Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Ligare Voyages Limited has 1 deal on record (1 funding round); the latest was in March 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | Undisclosed | Investors: Oscar Investments Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ligare Voyages Limited has 4 court cases on record: 1 filed by Ligare Voyages, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0305-Arbitration Law and Other Alternative Dispute Resolution : Challenge to/enforcement of a foreign arbitral award) | Filed against the company by Ubs Management Services India Private Limited(Formerly Known As Credit Suisse Finance India Private | Disposed |
| Supreme Court | Court case (0305-Arbitration Law and Other Alternative Dispute Resolution : Challenge to/enforcement of a foreign arbitral award) | Filed against the company by DCB Bank Limited | Disposed |
| High Court of Delhi | Writ petition | Filed against the company by J.C. Flowers Asset Reconstruction Private Ltd | Disposed |
| District court, North West, Delhi | Criminal case | Filed by the company against Beta Aviation Private Ltd Ors. | Disposed |
To see the full case history of Ligare Voyages 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 Ligare Voyages Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ligare Voyages has 5 subsidiary companies and 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ligare Aviation Engineering Private Limited | U62100DL2010PTC206842 | |
| Spectrum Aero Private Limited | U62200DL2011PTC213169 | |
| Ligare Aviation Limited | U63040DL1996PLC166014 | |
| Spectrum Voyages Private Limited | U74899DL1989PTC036140 | |
| Spectrum Academy Private Limited | U80903DL2009PTC194656 |
To see the full group structure of Ligare Voyages Limited, buy the company report.
Employees & EPFO
Ligare Voyages Limited has a workforce of 4 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Ligare Voyages has 2 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 Ligare Voyages Limited, buy the company report.
Recent activity
Ligare Voyages Limited has 24 board changes on record since 2007: 4 appointments and 20 cessations. The latest: Suraj Verma ceased to be Additional Director on 01 Aug 2018.
22 earlier events are in the company report.
Frequently asked questions
Ligare Voyages 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.
Ligare Voyages was a public limited company based in New Delhi, Delhi, India. The company worked in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 17 June 2006 and is registered under CIN U62100DL2006PLC149800. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ligare Voyages was incorporated on 17 June 2006. It is registered with the Registrar of Companies, Delhi.
Ligare Voyages had 4 directors and KMP:
- Jitender Singh Chandel - Whole-Time Director
- Shivinder Mohan Singh - Director
- Malvinder Mohan Singh - Director
- Mukesh Arora - Cfo
The CIN (Corporate Identification Number) of Ligare Voyages is U62100DL2006PLC149800. 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 Ligare Voyages is at Ground Floor Prius Platinum D3 District Centre Saket, New Delhi, Delhi, India – 110017.
Ligare Voyages can be reached through the website ligarevoyages.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Ligare Voyages on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Ligare Voyages has 2 GST registrations on record and all of them are cancelled or inactive.
Ligare Voyages operated in the business outsourcing industry, in the accounting and financial analysis segment.
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