Vay Travel Tech Private Limited
About Vay Travel Tech Private Limited
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Vay Travel Tech Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the travel and tour services segment of the transport and logistics sector. It was incorporated on 28 July 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2014PTC269518. Its GSTIN is 07AAECV8505A1ZL (Delhi).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Nitin Goyal and Tushar Jain.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at House No.61 Upper Ground Floor Blk – A Pushpanjli Enclave Pitampura Near Dda, Mkt, Delhi, India – 110034.
As per the financials filed for FY 2022, the company reported a revenue of ₹50,013, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹45,878 (net margin 91.7%) and EBITDA of ₹45,878 (EBITDA margin 91.7%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 66% over five years.
Company details
Contact details
Vay Travel Tech Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No.61 Upper Ground Floor Blk – A Pushpanjli Enclave Pitampura Near Dda, Mkt, Delhi, India – 110034
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Vay Travel Tech 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 Vay Travel Tech 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 Vay Travel Tech Private Limited, buy the company report.
Financials of Vay Travel Tech Private Limited
FY 2022 filings availableVay Travel Tech Private Limited reported revenue of ₹50,013 (up 3223% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 66% over five years. EBITDA rose 137% 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
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| EBITDA | ₹45,878 | ||||
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| Net Profit (PAT) | ₹45,878 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 91.7% | ||||
| Net Profit Margin | 91.7% | ||||
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To see the full financial statements and ratios of Vay Travel Tech Private Limited, buy the company report.
Board of directors of Vay Travel Tech Private Limited
Vay Travel Tech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Goyal | Director | 28 Jul 2014 | 12 Years 3 Months | As last reported |
| Tushar Jain | Director | 02 Sep 2014 | 12 Years 2 Months | As last reported |
Peer comparison
Vay Travel Tech Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Hopscotch Mice and Leisure Travel Solutions Private Limited | ₹50,525 (FY 2023) | -20.0% | Bengaluru, Karnataka, India | |||
| Razdan Travel Service Private Limited | ₹50,500 (FY 2024) | 601.0% | Nanak Nagar, Jammu and Kashmir, India | |||
| Vay Travel Tech Private Limitedthis company | ₹50,013 (FY 2022) | ₹45,878 | 91.7% | 3223.0% | Delhi, India | |
| Oem Express India Private Limited | ₹50,000 (FY 2024) | -87.0% | Moula Ali, Telangana, India |
To see the full peer comparison of Vay Travel Tech Private Limited, buy the company report.
Auditor
Vay Travel Tech Private Limited is audited by SUMER GARG & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMER GARG & CO | FY 2019 | 002606N |
Shareholding
The shareholding of Vay Travel Tech Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vay Travel Tech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vay Travel Tech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vay Travel Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vay Travel Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECV8505A1ZL | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vay Travel Tech Private Limited, buy the company report.
Recent activity
Vay Travel Tech Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Priyanka Goyal ceased to be Director on 01 Feb 2017.
Frequently asked questions
Vay Travel Tech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vay Travel Tech was a private limited company based in Delhi, India. The company worked in travel and tour services, within the transport and logistics industry. It was incorporated on 28 July 2014 and is registered under CIN U72200DL2014PTC269518. The company has been struck off by the Registrar of Companies and is no longer operational.
Vay Travel Tech had 2 directors:
- Nitin Goyal - Director
- Tushar Jain - Director
The CIN (Corporate Identification Number) of Vay Travel Tech is U72200DL2014PTC269518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vay Travel Tech is at House No.61 Upper Ground Floor Blk – A Pushpanjli Enclave Pitampura Near Dda, Mkt, Delhi, India – 110034.
Vay Travel Tech was incorporated on 28 July 2014. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Vay Travel Tech on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Vay Travel Tech is 07AAECV8505A1ZL, registered in Delhi.
Vay Travel Tech operated in the transport and logistics industry, in the travel and tour services segment. It worked in this industry before it was struck off.
The peers of Vay Travel Tech by revenue are Hopscotch Mice and Leisure Travel Solutions Private Limited, Razdan Travel Service Private Limited, Oem Express 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).
Priyanka Goyal ceased to be Director on 01 Feb 2017. Soneeka Jain ceased to be Additional Director on 30 Sep 2015. Tushar Jain ceased to be Additional Director on 30 Sep 2015. Vay Travel Tech has 5 board changes on record in total.
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