Asian Hotels (East) Profile
Key Indicators
- Authorised Capital ₹ 90.00 Cr
- Paid Up Capital ₹ 17.29 Cr
- Company Age 18 Year, 1 Month
- 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 and one month. 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
Financial Services
Travel and Hospitality
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
- Cash Flow
- Ratios
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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 Limited
Umesh 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)
Open Charges
₹160.00 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Asian Hotels (East)
Recent activity within the organization
- Charges
A charge registered on 12 Nov 2023 via Charge ID 100824449 with Others was fully satisfied on 29 Feb 2024.
- Charges
A charge with Others amounted to Rs. 160.00 Cr with Charge ID 100861917 was registered on 29 Jan 2024.
- Charges
A charge with Others amounted to Rs. 210.00 Cr with Charge ID 100824449 was registered on 12 Nov 2023.
- Annual General Meeting
Asian Hotels (East) Limited last Annual general meeting of members was held on 11 Sep 2023 as per latest MCA records.
- Balance Sheet
Asian Hotels (East) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Director Appointment
Sandipan Chakravortty was appointed as a Director was appointed as a Director on 10 Aug 2021 & has been associated with this company since 3 years 6 months .
Recent News, Updates & Announcement
"Confused at the Board Meeting Outcome: Help Me Understand!".When your boss tells you about the board meeting outcome but you have no idea what they're talking about. #confused #boardmeeting #asianhotels #BSE #whatdoesitmean #helpmeunderstand.
Frequently asked questions
What is the Incorporation or founding date of Asian Hotels (East) Limited?
Asian Hotels (East) Limited was incorporated on 08 Jan 2007.
What is authorized share capital and paid-up capital of Asian Hotels (East) Limited?
The authorized share capital of Asian Hotels (East) Limited is ₹ 90.00 Cr and paid-up capital is ₹ 17.29 Cr.
Who are the current board members & directors of Asian Hotels (East) Limited?
Currently 6 directors are associated with Asian Hotels (East) Limited.
- Umesh Saraf
- Sandipan Chakravortty
- Arun Kumar Saraf
- Rita Bhimani
- Bimal Kumar Jhunjhunwala
- Saumen Chattopadhyay
What is the registered address of Asian Hotels (East) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asian Hotels (East) Limited is Hyatt Regency Kolkata Ja-1, Sector - 3 Salt Lake City, West Bengal, India, 700098.
What is the corporate identification number (CIN) and company number of Asian Hotels (East) Limited?
The corporate identification number (CIN) of Asian Hotels (East) Limited is L15122WB2007PLC162762 and the company number is 162762 as per Ministry of Corporate Affairs (MCA).
Is Asian Hotels (East) Limited registered with any stock exchange in India?
Yes, Asian Hotels (East) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): AHLEAST.
What is the official website of Asian Hotels (East) Limited?
The Official website of Asian Hotels (East) Limited is https://www.ahleast.com
What has been the recent revenue trend for Asian Hotels (East) Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Asian Hotels (East) Limited has risen by 67.56%.
How many employees does Asian Hotels (East) Limited currently have?
As Per 2023 financial reports, 265 employees are currently employed by Asian Hotels (East) Limited.
What change has been observed in the net worth of Asian Hotels (East) Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Asian Hotels (East) Limited has experienced an downturn of -83.33%.
What are the total open charges for Asian Hotels (East) Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Asian Hotels (East) Limited amount to ₹ 160.00 Cr.
When was the last Balance Sheet of Asian Hotels (East) Limited filed with the ROC?
The most recent Balance Sheet for Asian Hotels (East) Limited was filed with the ROC on 31 Mar 2023.
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