Magellan Travel Services Private Limited Company Logo

Magellan Travel Services Private Limited - Company Profile

It is a transport and logistics private limited company based in Chennai, Tamil Nadu, India, established in 1997.

1997 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Magellan Travel Services Private Limited

Magellan Travel Services Private Limited, a active private limited company, was established on 08 October 1997 in Chennai, Tamil Nadu, India. Engaging in travel & tour services within the support service to organizations sector, it holds CIN: U63040TN1997PTC039258. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.50 M.

It upholds a compliant status. Employing 18 professional, Its leadership includes Usha Kumar (Director), Faisal Sharhabeel (Director). Past directors included Gopakumar Thazathuveetil Krishnapillai. It holds ₹1.28 Cr open charges and ₹2.80 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at G-C,Asirwad,No.3,Mcnicholsroad,Chetpet,, Chennai, Tamil Nadu, 600031.

Company Details

  • CIN/LLPIN

    U63040TN1997PTC039258

  • Registration Number

    039258

  • Incorporation Date

    08 October 1997

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.50 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.28 Cr
  • Satisfied Charges ₹ 2.80 M
  • Revenue Growth -30.81%
  • Profit Growth -301.32%
  • Ebitda -199.17%
  • Net Worth -23.66%
  • Total Assets -25.47%
Company report

Magellan Travel Services Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Magellan Travel Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Magellan Travel Services Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Usha KumarDirector28 Jul 2015Current
Faisal SharhabeelDirector17 Oct 1997Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 Jun 2015Past

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Financial Performance of Magellan Travel Services.

Magellan Travel Services Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 30.81% decrease. The company also saw a substantial fall in profitability, with a 301.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.66%.

Magellan Travel Services revenue growth over time
Magellan Travel Services profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-30.81%
Revenue from Operations
-30.88%
Total Assets
-25.47%
Profit or Loss
-301.32%
Net Worth
-23.66%
EBITDA
-199.17%

What is the Ownership and Shareholding Structure of Magellan Travel Services?

In 2020, Magellan Travel Services had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹12,800,000.00

Satisfied Charges

₹2,800,000.00

Charges Breakdown by Lending Institutions

  • Others : 1.28 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2022Others₹2.80 MOpen
04 Aug 1999Others₹1.00 CrOpen
12 Apr 2000The South Indian Bank Ltd₹1.40 MSatisfied
04 Aug 1999The South Indian Bank Ltd₹1.40 MSatisfied

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How Many Employees Work at Magellan Travel Services?

Magellan Travel Services has a workforce of 18 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Magellan Travel Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magellan Travel Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magellan Travel Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Magellan Travel Services

Recent Activity within the Organization

  • Charges

    The activity A charge with Others of Rs. 10.00 M registered on 04 Aug 1999 with Charge ID 90285287 was modified on 03 Feb 2025. was completed.

  • Annual General Meeting

    Magellan Travel Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Magellan Travel Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    A charge with Others amounted to Rs. 2.80 M with Charge ID 100574253 was registered on 19 Apr 2022. was recorded as a recent event.

  • Director Appointment

    Usha Kumar was appointed as a Director was appointed as a Director on 28 Jul 2015 & has been associated with this company since 10 years 4 months . was recorded as a recent event.

  • Charges

    The activity A charge registered on 12 Apr 2000 via Charge ID 90284752 with The South Indian Bank Ltd was fully satisfied on 13 Apr 2013. was completed.

Frequently Asked Questions

  • What is the CIN of Magellan Travel Services Private Limited?

    The CIN of Magellan Travel Services Private Limited is U63040TN1997PTC039258.

  • Where is Magellan Travel Services Private Limited headquartered?

    Magellan Travel Services Private Limited is headquartered at G-C,Asirwad,No.3,Mcnicholsroad,Chetpet,, Chennai, Tamil Nadu, 600031.

  • When was Magellan Travel Services Private Limited incorporated?

    Magellan Travel Services Private Limited was incorporated on 08 October 1997.

  • Who are the current directors of Magellan Travel Services Private Limited?

    The current directors of Magellan Travel Services Private Limited are

  • What is the primary industry of Magellan Travel Services Private Limited?

    The primary industry of Magellan Travel Services Private Limited is Support Service To Organizations.

  • Is Magellan Travel Services Private Limited a listed company?

    Magellan Travel Services Private Limited is unlisted.

  • What is the capital structure of Magellan Travel Services Private Limited?

    The authorized capital of Magellan Travel Services Private Limited is ₹5.00 M, and the paid-up capital is ₹3.50 M.

  • What is the compliance status of Magellan Travel Services Private Limited?

    The compliance status of Magellan Travel Services Private Limited is Compliant.

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