Travel Connect Private Limited
About Travel Connect Private Limited
Data last updated:
Travel Connect Private Limited is a private limited company based in Delhi, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 04 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63040DL2013PTC254862. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Atul Chaddha and Sherry Chaddha.
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 N – 107/A First Floor Narayan Nagar Laxmi Nagar, Delhi, India – 110092.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.19 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹20,330 (net margin -0.1%) and EBITDA of ₹10.56 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
As per MCA filings, the company has open charges of ₹60 Lakh on record. Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Travel Connect Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressN – 107/A First Floor Narayan Nagar Laxmi Nagar, Delhi, India – 110092
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Travel Connect 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 Travel Connect is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Travel Connect Private Limited, buy the company report.
Financials of Travel Connect Private Limited
FY 2019 filings availableTravel Connect Private Limited reported revenue of ₹2.19 Cr (down 49% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 49% fall in the latest year. EBITDA rose 26% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.19 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹10.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20,330 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Travel Connect Private Limited, buy the company report.
Board of directors of Travel Connect Private Limited
Travel Connect has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Chaddha Also directs: Aayansh Hospitality Private Limited | Director | 04 Jul 2013 | 13 Years 4 Months | Current |
| Sherry Chaddha Also directs: Aayansh Hospitality Private Limited | Director | 04 Jul 2013 | 13 Years 4 Months | Current |
Peer comparison
Travel Connect Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Topview Infolabs Private Limited | ₹2.19 Cr (FY 2024) | -6.0% | Siliguri, West Bengal, India | |||
| Flyfive Tour and Travels Private Limited | ₹2.19 Cr (FY 2023) | -12.0% | Kolkata, West Bengal, India | |||
| Insopire Events and Tours (OPC) Private Limited | ₹2.19 Cr (FY 2020) | 309.0% | Bhopal, Madhya Pradesh, India | |||
| Travel Connect Private Limitedthis company | ₹2.19 Cr (FY 2019) | -₹20,330 | -0.1% | -49.0% | Delhi, India | |
| Adarsh Sharma Travel Services India Private Limited | ₹2.19 Cr (FY 2025) | 33.0% | Delhi, India |
To see the full peer comparison of Travel Connect Private Limited, buy the company report.
Auditor
Travel Connect Private Limited is audited by SAHIL GAMBHIR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAHIL GAMBHIR & ASSOCIATES | FY 2019 | 026052N |
Shareholding
The shareholding of Travel Connect 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 Travel Connect Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2017 | 100078761 | Others | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Travel Connect Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Execution petition | Filed against the company by Iifl Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by India Infoline Finance Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Business Travel Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Businees Travels Pvt Ltd | Pending |
To see the full case history of Travel Connect 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 Travel Connect Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Travel Connect 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 Travel Connect Private Limited, buy the company report.
Recent activity
Travel Connect Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Atul Chaddha was appointed as Director on 04 Jul 2013.
Frequently asked questions
Travel Connect is an active private limited company based in Delhi, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 04 July 2013 (13+ years old) and is registered under CIN U63040DL2013PTC254862.
Travel Connect has 2 current directors:
- Atul Chaddha - Director
- Sherry Chaddha - Director
The latest financial statements of Travel Connect 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. Travel Connect has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Travel Connect is U63040DL2013PTC254862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Travel Connect has 6 court cases on record: 6 filed against it. 2 are pending.
Travel Connect was incorporated on 04 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Travel Connect by revenue are Topview Infolabs Private Limited, Flyfive Tour and Travels Private Limited, Insopire Events and Tours (OPC) Private Limited, Adarsh Sharma Travel Services India Private Limited, all in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators).
Atul Chaddha was appointed as Director on 04 Jul 2013. Sherry Chaddha was appointed as Director on 04 Jul 2013.
The registered office of Travel Connect is at N – 107A First Floor Narayan Nagar Laxmi Nagar, Delhi, India – 110092.
Travel Connect operates in the transport and logistics industry, in the travel and tour services segment.
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