Travel Retail Services Private Limited - Company Profile

It is a consumer services private limited company based in Mumbai, Maharashtra, India, established in 2009.

2009 Mumbai, Maharashtra, India Active

Last Updated: January 05, 2026

About Travel Retail Services Private Limited

Travel Retail Services Private Limited, a active private limited company, was established on 21 April 2009 in Mumbai, Maharashtra, India. Engaging in hypermarkets & large retail chains within the trade sector, it holds CIN: U55101MH2009PTC191888. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹7.00 Cr and a paid-up capital of ₹5.52 Cr.

Formerly known as Travel Food Services India Private Limited. It upholds a compliant status. Employing 314 professional, Its leadership includes Virnath Nagnath Kudmule (Director), Nilima Pallon Daruwala (Director). Past directors included Anthony Valentine Mcevoy, Vivek Vikas Patankar, Christopher Haydon Rayner. It holds ₹5.50 Cr open charges and ₹22.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Block-A, South Wing, 1St Floor, Shiv Sagar Estate, Dr. Annie Besant Road, Worli,, Mumbai, Maharashtra, 400018.

Company Details

CIN/LLPIN
U55101MH2009PTC191888
Registration Number
191888
Incorporation Date
21 April 2009
Authorized Capital
₹7.00 Cr
Paid-Up Capital
₹5.52 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 7.00 Cr as on 05-01-2026
Paid Up Capital ₹ 5.52 Cr as on 05-01-2026
Company Age 16 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 5.50 Cr as on 05-01-2026
Satisfied Charges ₹ 22.00 Cr as on 05-01-2026
Revenue Growth **** 156.55% (FY 2023)
Profit Growth **** 261.08% (FY 2023)
Ebitda **** 1561.02% (FY 2023)
Net Worth 210.18% (FY 2023)
Total Assets **** 90.88% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Travel Retail 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 Travel Retail Services Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Virnath Nagnath Kudmule	Director	29 Dec 2016	Current
Nilima Pallon Daruwala	Director	13 Aug 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	21 Feb 2017	Past
Pramod Abcsdd	Additional Director	22 Oct 2018	Past
Pramod Abcsdd	Additional Director	21 Feb 2017	Past
Pramod Abcsdd	Director	08 Mar 2011	Past
Pramod Abcsdd	Additional Director	08 Jan 2022	Past
Pramod Abcsdd	Additional Director	30 Sep 2021	Past

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Financial Performance of Travel Retail Services.

Travel Retail Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 156.55% increase. The company also saw a substantial improvement in profitability, with a 261.08% increase in profit. The company's net worth Soared by an impressive increase of 210.18%.

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

********

156.55%

*******

Revenue from Operations

*******

163.51%

*******

Total Assets

*******

90.88%

*******

Profit or Loss

*******

261.08%

*******

Net Worth

*******

210.18%

*******

EBITDA

*******

1561.02%

*******

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

In 2023, Travel Retail Services had a promoter holding of 100.00%. The company had 4 Joint Ventures. 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

₹55,000,000.00

Satisfied Charges

₹220,000,000.00

Charges Breakdown by Lending Institutions

Others : 5.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
31 Oct 2023	Others	₹5.50 Cr	Open
27 Oct 2023	Others	₹5.00 Cr	Satisfied
02 Jul 2019	Yes Bank Limited	₹7.00 Cr	Satisfied
26 Mar 2015	Yes Bank Limited	₹5.00 Cr	Satisfied
25 Oct 2013	Axis Bank Limited	₹5.00 Cr	Satisfied

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How Many Employees Work at Travel Retail Services?

Travel Retail Services has a workforce of 314 employees as of Apr 07, 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 Retail 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 Travel Retail Services'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 Retail Services

Recent Activity within the Organization

Annual General Meeting

Progress on Travel Retail Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Charges

The activity A charge registered on 02 Jul 2019 via Charge ID 100277919 with Yes Bank Limited was fully satisfied on 17 Jun 2025. was completed.
17 Jun 2025
Balance Sheet

Travel Retail Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Charges

Progress on A charge with Yes Bank Limited of Rs. 7.00 Cr registered on 02 Jul 2019 with Charge ID 100277919 was modified on 28 Feb 2025. was documented.
28 Feb 2025
Charges

Progress on A charge with Others of Rs. 5.50 Cr registered on 31 Oct 2023 with Charge ID 100814030 was modified on 04 Jan 2025. was documented.
04 Jan 2025
Charges

Progress on A charge registered on 27 Oct 2023 via Charge ID 100818270 with Others was fully satisfied on 28 Aug 2024. was documented.
28 Aug 2024

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