Salute Travels Pvt.Ltd. - Company Profile

It is a transport and logistics private limited company based in Vijayawada, Andhra Pradesh, India, established in 1991.
1991 Vijayawada, Andhra Pradesh, India Active
Last Updated:
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About Salute Travels Pvt.Ltd.

Salute Travels Pvt.Ltd., a active private limited company, was established on 25 March 1991 in Vijayawada, Andhra Pradesh, India. Engaging in integrated & diversified logistics services within the transport and logistics sector, it holds CIN: U63040AP1991PTC012484. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.12 M.

It upholds a compliant status. Its leadership includes Ratna Manjari Garlapati (Director), Lakshmana Swamy Garlapati (Managing Director). It holds ₹8.47 Cr open charges and ₹16.45 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Flat No.502, Lokesh Towers, Madhu Chowk, Moghalrajpuram,, Vijayawada, Andhra Pradesh, 520010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U63040AP1991PTC012484

  • Registration Number

    012484

  • Incorporation Date

    25 March 1991

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.12 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 8.47 Cr
  • Satisfied Charges ₹ 16.45 Cr
  • Revenue Growth **** %
  • Profit Growth **** -67.83%
  • Ebitda **** -201.65%
  • Net Worth -0.03%
  • Total Assets **** 1.64%
Company report

Salute Travels Pvt.Ltd.

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Salute Travels Pvt.Ltd. — 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 Salute Travels Pvt.Ltd.?
Current Directors
Name Designation Appointment Date Status
Ratna Manjari Garlapati Director 30 Sep 1993 Current
Lakshmana Swamy Garlapati Managing Director 30 Sep 1993 Current

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Financial Performance of Salute Travels.Ltd..

Salute Travels Pvt.Ltd., for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 67.83% decrease in profit. The company's net worth dipped by a decrease of 0.03%.

Salute Travels.Ltd. revenue growth over time
Salute Travels.Ltd. profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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Revenue from Operations
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Total Assets
*******
 1.64%
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Profit or Loss
*******
 -67.83%
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*******
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Net Worth
*******
 -0.03%
*******
*******
*******
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EBITDA
*******
 -201.65%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Salute Travels.Ltd.?

In 2019, Salute Travels.Ltd. had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹84,684,250.00

Satisfied Charges

₹164,500,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 5.64 Cr
  • Oriental Bank Of Commerce : 1.00 Cr
  • Unian Bank Of India : 1.00 Cr
  • Centurn Bank Ltd : 0.48 Cr
  • Bharat Overseas Bank Ltd : 0.25 Cr
  • Others : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
18 Feb 2002 Centurn Bank Ltd ₹4.75 M Open
01 Feb 2002 Unian Bank Of India ₹1.00 Cr Open
28 Aug 2001 Bank Of Baroda ₹2.00 Cr Open
11 Jun 1999 M/S Lakshmi General Finance Ltd ₹0.49 M Open
22 Jan 1999 Bharat Overseas Bank Ltd ₹2.50 M Open

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How Many Employees Work at Salute Travels.Ltd.?

Unlock and access historical data on people associated with Salute Travels.Ltd., such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salute Travels.Ltd., 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 Salute Travels.Ltd.'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.

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Latest Updates, News, and FAQs on Salute Travels.Ltd.
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Salute Travels Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Salute Travels Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was completed.

  • Charges

    Progress on A charge registered on 13 Jun 2002 via Charge ID 90119884 with Global Trust Bank Ltd was fully satisfied on 14 Sep 2013. was documented.

  • Charges

    Progress on A charge registered on 17 Jan 2001 via Charge ID 90119871 with Global Trust Bank Ltd was fully satisfied on 14 Sep 2013. was documented.

  • Charges

    Progress on A charge registered on 15 Mar 2000 via Charge ID 90122874 with Global Trust Bank Ltd was fully satisfied on 14 Sep 2013. was documented.

  • Charges

    The activity A charge registered on 19 Jan 2000 via Charge ID 90122857 with Global Trust Bank Ltd was fully satisfied on 14 Sep 2013. was completed.

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Frequently Asked Questions
What is the CIN of Salute Travels Pvt.Ltd.?

The CIN of Salute Travels Pvt.Ltd. is U63040AP1991PTC012484.

Where is Salute Travels Pvt.Ltd. headquartered?

Salute Travels Pvt.Ltd. is headquartered at Flat No.502, Lokesh Towers, Madhu Chowk, Moghalrajpuram,, Vijayawada, Andhra Pradesh, 520010.

When was Salute Travels Pvt.Ltd. incorporated?

Salute Travels Pvt.Ltd. was incorporated on 25 March 1991.

Who are the current directors of Salute Travels Pvt.Ltd.?

The current directors of Salute Travels Pvt.Ltd. are

What is the primary industry of Salute Travels Pvt.Ltd.?

The primary industry of Salute Travels Pvt.Ltd. is Transport And Logistics.

Is Salute Travels Pvt.Ltd. a listed company?

Salute Travels Pvt.Ltd. is unlisted.

What is the capital structure of Salute Travels Pvt.Ltd.?

The authorized capital of Salute Travels Pvt.Ltd. is ₹0.50 M, and the paid-up capital is ₹0.12 M.

What is the compliance status of Salute Travels Pvt.Ltd.?

The compliance status of Salute Travels Pvt.Ltd. is Compliant.

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