Asian Hotels (East) Profile
Key Indicators
- Authorised Capital ₹ 90.00 Cr
- Paid Up Capital ₹ 17.29 Cr
- Company Age 18 Year, 23 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 160.00 Cr
- Satisfied Charges ₹ 375.00 Cr
- Revenue Growth 67.56%
- Profit Growth 4612.99%
- Ebitda 1014.98%
- Net Worth -83.33%
- Total Assets -80.21%
About Asian Hotels (East)
Asian Hotels (East) Limited (AHEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 January 2007 and has a history of 18 years. Its registered office is in North 24 Parganas, West Bengal, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533227 and on the National Stock Exchange(NSE) under AHLEAST.
The Corporate was formerly known as Vardhman Hotels Limited. The Company is engaged in the Financial Services 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 90.00 Cr and a paid-up capital of Rs 17.29 Cr.
The company currently has active open charges totaling ₹160.00 Cr. The company has closed loans amounting to ₹375.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Asian Hotels (East) Limited India are Bimal Jhunjhunwala as CFO and Saumen Chattopadhyay as Company Secretary. Umesh Saraf, Sandipan Chakravortty, Arun Saraf, and One other member serve as directors at the Company.
Company Details
- Location
North 24 Parganas, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
Industry
Who are the key members and board of directors at Asian Hotels (East)?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Umesh Saraf  | Managing Director | 26-Apr-2007 | Current |
| Arun Saraf | Managing Director | 26-Apr-2007 | Current |
| Bimal Jhunjhunwala | CFO | 24-Feb-2015 | Current |
| Saumen Chattopadhyay | Company Secretary | 11-Feb-2010 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rita Bhimani | Director | 31-Mar-2015 | Current |
| Sandipan Chakravortty | Director | 10-Aug-2021 | Current |
Financial Performance of Asian Hotels (East).
Asian Hotels (East) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 67.56% increase. The company also saw a substantial improvement in profitability, with a 4612.99% increase in profit. The company's net worth observed a substantial decline by a decrease of 83.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Asian Hotels (East)?
In 2023, Asian Hotels (East) had a promoter holding of 65.63% and a public holding of 34.36%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Robust Hotels LimitedUmesh Saraf, Arun Saraf and 1 more are mutual person
Juniper Hotels LimitedArun Saraf is a mutual person
Chartered Hotels Pvt LtdArun Saraf is a mutual person
Gjs Hotels LimitedUmesh Saraf, Bimal Jhunjhunwala and 1 more are mutual person
International Combustion (India) LtdSandipan Chakravortty is a mutual person
Ramkrishna Forgings LtdSandipan Chakravortty is a mutual person
Charges (Loans)
₹160.00 Cr
₹375.00 Cr
Charges Breakdown by Lending Institutions
- Others : 160.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2024 | Others | ₹160.00 Cr | Open |
| 12 Nov 2023 | Others | ₹210.00 Cr | Satisfied |
| 25 Mar 2015 | Icici Bank Limited | ₹165.00 Cr | Satisfied |
How Many Employees Work at Asian Hotels (East)?
Asian Hotels (East) has a workforce of 265 employees as of Apr 04, 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 Asian Hotels (East), 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 Asian Hotels (East)'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.
