- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0019031

About Prestige Vacations Private Limited
Data last updated:
Prestige Vacations Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 03 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U92490TN2014PTC094451. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13.6 Lakh. It is led by directors Balakrishnan Devaraj Rajesh Dev and Mariappan Thanga Prathiba Anbazhagan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at V.T.N. Arihant Presidency Door No:139 North Usman Road T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.3 Cr, a growth of 105% compared to the previous year. For the same year it recorded a net profit of ₹3.2 Lakh (net margin 2.5%) and EBITDA of ₹12.59 Lakh (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
As per MCA filings, the company has open charges of ₹31.86 Lakh on record. Court records list 27 cases involving the company, including 13 filed by the company and 14 filed against it; 14 cases are pending.
Prestige Vacations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0019031). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prestigevacations.in.
Company details
Recognitions & Rankings of Prestige Vacations
Contact details
Prestige Vacations Private Limited's registered office is in Chennai, Tamil Nadu. Its website is prestigevacations.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressV.T.N. Arihant Presidency Door No:139 North Usman Road T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Prestige Vacations 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
Business activity
The main business activity of Prestige Vacations is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Prestige Vacations Private Limited, buy the company report.
Financials of Prestige Vacations Private Limited
FY 2019 filings availablePrestige Vacations Private Limited reported revenue of ₹1.3 Cr (up 105% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over three years, including 105% growth in the latest year. EBITDA rose 152% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.3 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹12.59 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.2 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.7% | |||
| Net Profit Margin | 2.5% | |||
| 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 Prestige Vacations Private Limited, buy the company report.
Board of directors of Prestige Vacations Private Limited
Prestige Vacations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balakrishnan Devaraj Rajesh Dev | Director | 03 Jan 2014 | 12 Years 9 Months | Current |
| Mariappan Thanga Prathiba Anbazhagan | Additional Director | 01 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Prestige Vacations Private Limited is audited by G NATESAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G NATESAN & CO | FY 2018 | 002424S |
Shareholding
The shareholding of Prestige Vacations Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prestige Vacations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2020 | 100384764 | Axis Bank Limited | ₹3.99 Lakh | Open | |
| 17 Jul 2019 | 100279581 | Axis Bank Limited | ₹7.87 Lakh | Open | |
| 31 Oct 2018 | 100214898 | Others | ₹20 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Prestige Vacations Private Limited has 27 court cases on record: 13 filed by Prestige Vacations, 14 filed against it. 14 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 10 | 13 |
| District courts | 4 | 4 | 1 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case ((T)OP(TM)) | Filed by the company against M/S. Prestige Estates Projects Limited, | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Prestige Estates Projects Ltd | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Axis Bank Ltd | Disposed |
| High Court, TAMIL NADU | Court case (WP(IPD)) | Filed against the company by M/S.Prestige Estates Projects Ltd | Disposed |
| High Court | Court case (MFA) | Filed against the company by M/S Prestige Estates Projects Ltd | Disposed |
To see the full case history of Prestige Vacations 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 Prestige Vacations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prestige Vacations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prestige Vacations Private Limited, buy the company report.
Recent activity
Prestige Vacations Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Elango ceased to be Director on 01 Oct 2018.
Frequently asked questions
Prestige Vacations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 03 January 2014 (12+ years old) and is registered under CIN U92490TN2014PTC094451.
Prestige Vacations has 2 current directors:
- Balakrishnan Devaraj Rajesh Dev - Director
- Mariappan Thanga Prathiba Anbazhagan - Additional Director
The latest financial statements of Prestige Vacations on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Prestige Vacations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Prestige Vacations is U92490TN2014PTC094451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prestige Vacations has 27 court cases on record: 13 filed by the company and 14 filed against it. 14 are pending. Most are in the high courts.
Prestige Vacations was incorporated on 03 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
Elango ceased to be Director on 01 Oct 2018. Mariappan Thanga Prathiba Anbazhagan was appointed as Additional Director on 01 Oct 2018. Balakrishnan Devaraj Rajesh Dev was appointed as Director on 03 Jan 2014.
Yes, Prestige Vacations is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0019031).
Prestige Vacations can be reached through the website prestigevacations.in. Its registered office is in Chennai, Tamil Nadu, India.