Ashok Residency Limited

Hospitality company providing food, accommodation, and event services with additional amenities.

1995 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Ashok Residency Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.50 M
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.75 Cr
  • Satisfied Charges ₹ 1.04 Cr
  • Revenue Growth 97.20%
  • Profit Growth 302.15%
  • Ebitda 179.60%
  • Net Worth 24.38%
  • Total Assets 8.73%

About Ashok Residency

Ashok Residency Limited (ARL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 September 1995 and has a history of 29 years and five months. Its registered office is in Tiruvallur, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.50 M.

The company currently has active open charges totaling ₹1.75 Cr. The company has closed loans amounting to ₹1.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sivasankar, Thiripurasundhari Asokan, Asokan Shanmugam, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hotelashokresidency.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45201TN1995PLC033038

  • Company No.

    033038

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Travel and Hospitality

Who are the key members and board of directors at Ashok Residency?

Executive Team (1)

NameDesignationAppointment DateStatus
Asokan Shanmugam Country flag representing In Managing Director22-Sep-1995Current

Board Members (3)

NameDesignationAppointment DateStatus
Sivasankar Country flag representing In Director 29-Sep-2002Current
Thiripurasundhari Asokan Country flag representing In Director 22-Sep-1995Current
Devi Asokan Country flag representing In Director 30-Sep-1999Current

Financial Performance of Ashok Residency.

Ashok Residency Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 97.2% increase. The company also saw a substantial improvement in profitability, with a 302.15% increase in profit. The company's net worth Soared by an impressive increase of 24.38%.

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
97.20%
Revenue from Operations
97.54%
Total Assets
8.73%
Profit or Loss
302.15%
Net Worth
24.38%
EBITDA
179.60%

What is the Ownership and Shareholding Structure of Ashok Residency?

In 2023, Ashok Residency had a promoter holding of 97.36% and a public holding of 2.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.75 Cr

Satisfied Charges

₹1.04 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2018City Union Bank Limited₹7.50 MOpen
11 Feb 2015City Union Bank Limited₹1.00 CrOpen
17 Sep 2001Uco Bank₹2.90 MSatisfied
25 Oct 2000Uco Bank₹7.50 MSatisfied

How Many Employees Work at Ashok Residency?

Ashok Residency has a workforce of 32 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashok Residency, 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 Ashok Residency'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 Ashok Residency

Recent activity within the organization

  • Annual General Meeting

    Ashok Residency Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ashok Residency Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100174782 was registered on 28 Mar 2018.

    28 Mar 2018

  • Charges

    A charge with City Union Bank Limited of Rs. 1.00 Cr registered on 11 Feb 2015 with Charge ID 10556079 was modified on 04 Oct 2016.

    04 Oct 2016

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 1.00 Cr with Charge ID 10556079 was registered on 11 Feb 2015.

    11 Feb 2015

  • Charges

    A charge registered on 17 Sep 2001 via Charge ID 90282347 with Uco Bank was fully satisfied on 26 May 2008.

    26 May 2008

Frequently asked questions

  • Ashok Residency Limited was incorporated on 22 Sep 1995.

  • The authorized share capital of Ashok Residency Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.50 M.

  • Currently 4 directors are associated with Ashok Residency Limited.

    • Sivasankar
    • Thiripurasundhari Asokan
    • Asokan Shanmugam
    • Devi Asokan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashok Residency Limited is 1/460 Mt.Poonamalee Road, Iyyappanthangal India, Chennai-600 056, Tamil Nadu, 600056.

  • The corporate identification number (CIN) of Ashok Residency Limited is U45201TN1995PLC033038 and the company number is 033038 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashok Residency Limited is https://www.hotelashokresidency.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashok Residency Limited has risen by 97.20%.

  • As Per 2023 financial reports, 32 employees are currently employed by Ashok Residency Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashok Residency Limited has experienced an upsurge of 24.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashok Residency Limited amount to ₹ 1.75 Cr.

  • The most recent Balance Sheet for Ashok Residency Limited was filed with the ROC on 31 Mar 2023.

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