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Asia Resorts Limited

Provides hospitality services at three hotels in Parwanoo near Shimla, promoted by Mr. R K Garg.
1980 | Solan, Himachal Pradesh (India) | Active

Last Updated:

October 24, 2024
HomeCompanyAsia Resorts Limited

Who are the key members and board of directors at Asia Resorts?

Executive Team (1)

NameDesignationAppointment DateStatus
Akash Garg InManaging Director16-Dec-1989Current

Board Members(5)

NameDesignationAppointment DateStatus
Vijay Agarwal In Director 26-Apr-2021Current
Mona Agarwal In Director 07-Mar-2022Current
Surbhi Garg In Director 26-Apr-2021Current
Rajiv Kapil In Director 26-Apr-2021Current
Akarsh Garg In Whole-Time Director 11-Jan-2021Current

Financial Performance and Corporate Structure Insights of Asia Resorts.

Asia Resorts Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.69% increase. The company also saw a substantial fall in profitability, with a 92.1% decrease in profit. The company's net worth moved up by a moderate rise of 0.58%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
0.69%
Revenue from Operations
0.27%
Total Assets
20.78%
Profit or Loss
-92.10%
Net Worth
0.58%
EBITDA
-155.20%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹24.61 Cr

₹65.57 Cr

LenderAmountStatus

Others

Creation Date: 11 Jul 2024
₹2.49 MOpen

Others

Creation Date: 29 Nov 2023
₹3.00 MOpen

Others

Creation Date: 18 Sep 2023
₹14.96 CrOpen

How Many Employees Work at Asia Resorts?

Asia Resorts has a workforce of 455 employees as of Mar 31, 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.

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Latest Updates, News, and FAQs on Asia Resorts

Recent activity within the organization

  • Annual General Meeting

    Asia Resorts Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100947747 was registered on 11 Jul 2024.

    11 Jul 2024

  • Balance Sheet

    Asia Resorts Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.

    31 Mar 2024

  • Charges

    A charge registered on 17 Sep 2022 via Charge ID 100613361 with Others was fully satisfied on 08 Feb 2024.

    08 Feb 2024

  • Charges

    A charge registered on 17 Sep 2022 via Charge ID 100613363 with Others was fully satisfied on 08 Feb 2024.

    08 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100825744 was registered on 29 Nov 2023.

    29 Nov 2023

Frequently asked questions

  • Asia Resorts Limited was incorporated on 08 Oct 1980.

  • The authorized share capital of Asia Resorts Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.82 M.

  • Currently 6 directors are associated with Asia Resorts Limited.

    • Vijay Agarwal
    • Mona Agarwal
    • Akash Garg
    • Surbhi Garg
    • Rajiv Kapil
    • Akarsh Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asia Resorts Limited is Datyar Parwanooparwanoo Distt Solan India, Himachal Pradesh, 173220.

  • The corporate identification number (CIN) of Asia Resorts Limited is U55101HP1980PLC004296 and the company number is 004296 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asia Resorts Limited is https://www.timbertrail.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asia Resorts Limited has risen by 0.69%.

  • As Per 2023 financial reports, 455 employees are currently employed by Asia Resorts Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asia Resorts Limited has experienced an upsurge of 0.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asia Resorts Limited amount to ₹ 24.61 Cr.

  • The most recent Balance Sheet for Asia Resorts Limited was filed with the ROC on 31 Mar 2024.

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