Akar Hotels Pvt.Ltd.
Hospitality company offering hotel, resort, and catering services since 1990 in Gujarat.
1990 | Anand, Gujarat (India) | Active
Akar Hotels.Ltd. Profile
Key Indicators
- Authorised Capital ₹ 1.75 Cr
- Paid Up Capital ₹ 1.75 Cr
- Company Age 34 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 21.25 Cr
- Revenue Growth -0.75%
- Profit Growth -31.93%
- Ebitda -26.94%
- Net Worth 5.98%
- Total Assets 2.41%
About Akar Hotels.Ltd.
Akar Hotels Pvt.Ltd. (AHP) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 September 1990 and has a history of 34 years and six months. Its registered office is in Anand, Gujarat, India.
The Company is engaged in the Travel And Hospitality Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.75 Cr and a paid-up capital of Rs 1.75 Cr.
The company currently has active open charges totaling ₹21.25 Cr.
Kanubhai Patel, Kumudben Kanubhai, Rinaben Patel, and One other member serve as directors at the Company.
Company Details
- Location
Anand, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55101GJ1990PTC014290
- Company No.
014290
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Sep 1990
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Travel and Hospitality
Akar Hotels Pvt.Ltd.
Explore comprehensive data for Akar Hotels Pvt.Ltd., including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Akar Hotels.Ltd.?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanubhai Patel  | Director | 25-Apr-1993 | Current |
Kumudben Kanubhai  | Director | 01-Apr-1995 | Current |
| Rinaben Patel | Director | 31-Mar-2015 | Current |
| Upendrabhai Patel | Whole-Time Director | 10-Jan-2008 | Current |
Financial Performance of Akar Hotels.Ltd..
Akar Hotels Pvt.Ltd., for the financial year ended 2023, experienced Minor drop in revenue, with a 0.75% decrease. The company also saw a substantial fall in profitability, with a 31.93% decrease in profit. The company's net worth moved up by a moderate rise of 5.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Akar Hotels.Ltd.?
In 2023, Akar Hotels.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.
Related Corporates (Common Directorship)
- Surat Residency Llp
Kanubhai Patel and Upendrabhai Patel are mutual person
- Shriji Resort Hotels Pvt Ltd
Kanubhai Patel, Kumudben Kanubhai and 2 more are mutual person
- Saikrupa Guest House Private Limited
Kanubhai Patel, Kumudben Kanubhai and 2 more are mutual person
- Vrundavan Resort Private Limited
Kanubhai Patel, Kumudben Kanubhai and 2 more are mutual person
Charges (Loans)
Open Charges
₹21.25 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- The Kalupur Commercial Co-Operative Bank Limited : 16.25 Cr
- The Kalupur Commercial Co-Op. Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2015 | The Kalupur Commercial Co-Operative Bank Limited | ₹16.25 Cr | Open |
| 18 Nov 2009 | The Kalupur Commercial Co-Op. Bank Limited | ₹5.00 Cr | Open |
How Many Employees Work at Akar Hotels.Ltd.?
Akar Hotels.Ltd. has a workforce of 67 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akar Hotels.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 Akar Hotels.Ltd.'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.
Latest Updates, News, and FAQs on Akar Hotels.Ltd.
Recent activity within the organization
- Annual General Meeting
Akar Hotels Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Akar Hotels Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 16.25 Cr registered on 27 Mar 2015 with Charge ID 10560041 was modified on 31 May 2018.
- Director Appointment
Rinaben Upendrabhai Patel was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 11 months .
- Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 16.25 Cr with Charge ID 10560041 was registered on 27 Mar 2015.
- Charges
A charge with The Kalupur Commercial Co-Op. Bank Limited of Rs. 5.00 Cr registered on 18 Nov 2009 with Charge ID 10187343 was modified on 16 Nov 2010.
Frequently asked questions
What is the Incorporation or founding date of Akar Hotels Pvt.Ltd.?
Akar Hotels Pvt.Ltd. was incorporated on 03 Sep 1990.
What is authorized share capital and paid-up capital of Akar Hotels Pvt.Ltd.?
The authorized share capital of Akar Hotels Pvt.Ltd. is ₹ 1.75 Cr and paid-up capital is ₹ 1.75 Cr.
Who are the current board members & directors of Akar Hotels Pvt.Ltd.?
Currently 4 directors are associated with Akar Hotels Pvt.Ltd..
- Kanubhai Chandubhai Patel
- Kumudben Patel Kanubhai
- Rinaben Upendrabhai Patel
- Upendrabhai Raojibhai Patel
What is the registered address of Akar Hotels Pvt.Ltd.?
As per Ministry of Corporate Affairs (Mca), the registered address of Akar Hotels Pvt.Ltd. is C/O Vrundavan Resort Pvt. Ltd. R.S. N. 101 Chikhodra Crossing, N.H. No . 8 India, Anand, Gujarat, 388001.
What is the corporate identification number (CIN) and company number of Akar Hotels Pvt.Ltd.?
The corporate identification number (CIN) of Akar Hotels Pvt.Ltd. is U55101GJ1990PTC014290 and the company number is 014290 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Akar Hotels Pvt.Ltd.?
According to the financial reports for the fiscal year 2023, the revenue trend for Akar Hotels Pvt.Ltd. has fallen by -0.75%.
How many employees does Akar Hotels Pvt.Ltd. currently have?
As Per 2023 financial reports, 67 employees are currently employed by Akar Hotels Pvt.Ltd..
What change has been observed in the net worth of Akar Hotels Pvt.Ltd., and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Akar Hotels Pvt.Ltd. has experienced an upsurge of 5.98%.
What are the total open charges for Akar Hotels Pvt.Ltd.?
As per the financial statements for fiscal Year 2023, The total open charges for Akar Hotels Pvt.Ltd. amount to ₹ 21.25 Cr.
When was the last Balance Sheet of Akar Hotels Pvt.Ltd. filed with the ROC?
The most recent Balance Sheet for Akar Hotels Pvt.Ltd. was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
RP
Raojibhai PatelDirector