Travel Corporation (India) Limited - Company Profile

It is a transport and logistics public limited company based in Mumbai, Maharashtra, India, established in 1961.

1961 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 22, 2025

About Travel Corporation (India) Limited

Travel Corporation (India) Limited, a amalgamated public limited company, was established on 19 July 1961 in Mumbai, Maharashtra, India. Engaging in travel & tour services within the support service to organizations sector, it holds CIN: U63040MH1961PLC012067. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹319.43 Cr and a paid-up capital of ₹1.65 Cr.

Formerly known as Travel Corporation (India) Private Limited. It upholds a compliant status. Employing 511 professional, Its leadership includes Zohra Chatterji (Director), Dipak Deva (Managing Director), Sanjay Srichand Shroff (Cfo). Past directors included Zohra Chatterji, Hoshang Shavaksha Billimoria, Pranav Natverlal Parikh. It holds ₹169.40 Cr open charges and ₹13.15 Cr settled loans. Its latest AGM occurred on 06 August 2019, with the balance sheet filed on 31 March 2019. It is based at 324, Dr. D.N. Road, Fort, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
U63040MH1961PLC012067
Registration Number
012067
Incorporation Date
19 July 1961
Authorized Capital
₹319.43 Cr
Paid-Up Capital
₹1.65 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 319.43 Cr as on 22-07-2025
Paid Up Capital ₹ 1.65 Cr as on 22-07-2025
Company Age 64 Year, 7 Months
Last Filing with ROC 31 Mar 2019
Open Charges ₹ 169.40 Cr as on 22-07-2025
Satisfied Charges ₹ 13.15 Cr as on 22-07-2025
Revenue Growth **** -2.05% (FY 2019)
Profit Growth **** 66.19% (FY 2019)
Ebitda **** 59.58% (FY 2019)
Net Worth 22.12% (FY 2019)
Total Assets **** 10.85% (FY 2019)

Comprehensive Company Insights

Explore comprehensive insights into Travel Corporation (India) 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 Travel Corporation (India) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Zohra Chatterji	Director	21 Jul 2016	Current
Dipak Deva	Managing Director	27 Jan 2016	Current
Sanjay Srichand Shroff	Cfo	01 Aug 2017	Current
Debasis Bikash Nandy	Director	13 Aug 2018	Current
Sunil Behari Mathur	Director	21 Jul 2016	Current
Madhavan Menon Karunakaran	Director	28 Oct 2009	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Aug 2016	Past
Pramod Abcsdd	Director	31 Dec 2012	Past
Pramod Abcsdd	Director	28 Dec 2006	Past
Pramod Abcsdd	Director	28 Dec 2006	Past
Pramod Abcsdd	Company Secretary	03 May 2007	Past
Pramod Abcsdd	Director	28 Dec 2006	Past

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Financial Performance of Travel Corporation (India).

Travel Corporation (India) Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 2.05% decrease. The company also saw a substantial improvement in profitability, with a 66.19% increase in profit. The company's net worth Soared by an impressive increase of 22.12%.

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

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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

********

-2.05%

*******

Revenue from Operations

*******

-4.52%

*******

Total Assets

*******

10.85%

*******

Profit or Loss

*******

66.19%

*******

Net Worth

*******

22.12%

*******

EBITDA

*******

59.58%

*******

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What is the Ownership and Shareholding Structure of Travel Corporation (India)?

In 2019, Travel Corporation (India) had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹1,694,000,000.00

Satisfied Charges

₹131,535,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 169.40 Cr

Latest Charge Details

Date	Lender	Amount	Status
04 Dec 2018	State Bank Of India	₹169.40 Cr	Open
19 Dec 2005	Kotak Mahindra Bank Ltd	₹6.54 M	Satisfied
30 Nov 1994	Bnp Paribas	₹12.50 Cr	Satisfied

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How Many Employees Work at Travel Corporation (India)?

Travel Corporation (India) has a workforce of 511 employees as of Apr 10, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Travel Corporation (India), 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 Travel Corporation (India)'s trajectory.

Rating

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

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 Travel Corporation (India)

Recent Activity within the Organization

Annual General Meeting

Travel Corporation (India) Limited last Annual general meeting of members was held on 06 Aug 2019 as per latest MCA records. was recorded as a recent event.
06 Aug 2019
Balance Sheet

Travel Corporation (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai. was recorded as a recent event.
31 Mar 2019
Charges

A charge with State Bank Of India amounted to Rs. 169.40 Cr with Charge ID 100224699 was registered on 04 Dec 2018. was recorded as a recent event.
04 Dec 2018
Director Appointment

The activity Debasis Bikash Nandy was appointed as a Director was appointed as a Director on 13 Aug 2018 & has been associated with this company since 7 years 6 months . was completed.
13 Aug 2018
Director Appointment

Sanjay Srichand Shroff was appointed as a CFO was appointed as a CFO on 01 Aug 2017 & has been associated with this company since 8 years 6 months . was recorded as a recent event.
01 Aug 2017
Director Appointment

Progress on Sanjay Srichand Shroff was appointed as a CFO was appointed as a CFO on 01 Aug 2017 & has been associated with this company since 8 years 6 months . was documented.
01 Aug 2017

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