Akar Motels And Holiday Resorts Private Limited

Hospitality company offering hotel, accommodation, restaurant, and beverage services since 1994.

1994 | Goa, Goa (India) | Active
Last Updated: January 03, 2025

Akar Motels And Holiday Resorts Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.00 Cr
  • Satisfied Charges ₹ 53.85 Cr
  • Revenue Growth -6.99%
  • Profit Growth 105.85%
  • Ebitda 1305.07%
  • Net Worth 14.26%
  • Total Assets -5.83%

About Akar Motels And Holiday Resorts

Akar Motels And Holiday Resorts Private Limited (AMAHRPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 June 1994 and has a history of 30 years and eight months. Its registered office is in Goa, Goa, India.

The Corporate was formerly known as Akar Concrete Products Private Limited. 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹23.00 Cr. The company has closed loans amounting to ₹53.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Avinash Borker and Chinmai Borker serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akarrealty.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26956GA1994PTC001605

  • Company No.

    001605

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jun 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Travel and Hospitality

Who are the key members and board of directors at Akar Motels And Holiday Resorts?

Board Members (2)

Name Designation Appointment Date Status
Avinash Borker Country flag representing In Director 01-Aug-1995 Current
Chinmai Borker Country flag representing In Director 16-Sep-2013 Current

Financial Performance of Akar Motels And Holiday Resorts.

Akar Motels And Holiday Resorts Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 6.99% decrease. The company also saw a substantial improvement in profitability, with a 105.85% increase in profit. The company's net worth Soared by an impressive increase of 14.26%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-6.99%
Revenue from Operations
-8.39%
Total Assets
-5.83%
Profit or Loss
105.85%
Net Worth
14.26%
EBITDA
1305.07%

What is the Ownership and Shareholding Structure of Akar Motels And Holiday Resorts?

In 2022, Akar Motels And Holiday Resorts had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.00 Cr

Satisfied Charges

₹53.85 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 23.00 Cr

Latest Charge Details

Date Lender Amount Status
30 May 2014 Canara Bank ₹23.00 Cr Open
03 Jan 2013 The Saraswat Co-Operative Bank Limited ₹11.25 Cr Satisfied
01 Nov 2010 The Madgaum Urban Co.Op Bank Limited ₹1.95 Cr Satisfied
31 Aug 2010 The Goa Urban Co-Operative Bank Limited ₹7.90 Cr Satisfied
28 Apr 2010 The Saraswat Co-Operative Bank Limited ₹0.04 M Satisfied

How Many Employees Work at Akar Motels And Holiday Resorts?

Unlock and access historical data on people associated with Akar Motels And Holiday Resorts, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akar Motels And Holiday Resorts, 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 Motels And Holiday Resorts's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Motels And Holiday Resorts

Recent activity within the organization

  • Annual General Meeting

    Akar Motels And Holiday Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Akar Motels And Holiday Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.

    31 Mar 2024

  • Charges

    A charge registered on 31 Aug 2010 via Charge ID 10239125 with The Goa Urban Co-Operative Bank Limited was fully satisfied on 10 Jun 2019.

    10 Jun 2019

  • Charges

    A charge with Canara Bank of Rs. 23.00 Cr registered on 30 May 2014 with Charge ID 10504800 was modified on 30 Jun 2017.

    30 Jun 2017

  • Charges

    A charge registered on 28 Apr 2010 via Charge ID 10218837 with The Saraswat Co-Operative Bank Limited was fully satisfied on 01 Jun 2016.

    01 Jun 2016

  • Charges

    A charge registered on 01 Nov 2010 via Charge ID 10288999 with The Madgaum Urban Co.Op Bank Limited was fully satisfied on 30 Dec 2015.

    30 Dec 2015

Frequently asked questions

  • Akar Motels And Holiday Resorts Private Limited was incorporated on 03 Jun 1994.

  • The authorized share capital of Akar Motels And Holiday Resorts Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 2 directors are associated with Akar Motels And Holiday Resorts Private Limited.

    • Avinash Sadanand Borker
    • Chinmai Avinash Borker
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akar Motels And Holiday Resorts Private Limited is Lake Plazaopp Nehru Stadium Fatorda Margao India, Goa, 403601.

  • The corporate identification number (CIN) of Akar Motels And Holiday Resorts Private Limited is U26956GA1994PTC001605 and the company number is 001605 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akar Motels And Holiday Resorts Private Limited is https://www.akarrealty.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Akar Motels And Holiday Resorts Private Limited has fallen by -6.99%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Akar Motels And Holiday Resorts Private Limited has experienced an upsurge of 14.26%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Akar Motels And Holiday Resorts Private Limited amount to ₹ 23.00 Cr.

  • The most recent Balance Sheet for Akar Motels And Holiday Resorts Private Limited was filed with the ROC on 31 Mar 2024.

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