Asian Hotels (North) Limited

Luxury hotel with 507 rooms, 5 restaurants, spa, fitness center, and event space.

1980 | New Delhi, Delhi (India) | Active
Last Updated: June 16, 2024

Asian Hotels (North) Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 19.45 Cr
  • Company Age 44 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2,561.76 Cr
  • Satisfied Charges ₹ 1,934.03 Cr
  • Revenue Growth 91.24%
  • Profit Growth 32.04%
  • Ebitda 806.65%
  • Net Worth -34.29%
  • Total Assets 1.07%

About Asian Hotels (North)

Asian Hotels (North) Limited (AHNL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 November 1980 and has a history of 44 years and two months. Its registered office is in New Delhi, Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500023 and on the National Stock Exchange(NSE) under ASIANHOTNR.

The Corporate was formerly known as Asian Hotels 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 2023. It's a company limited by shares with an authorized capital of Rs 70.00 Cr and a paid-up capital of Rs 19.45 Cr.

The company currently has active open charges totaling ₹2,561.76 Cr. The company has closed loans amounting to ₹1,934.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Asian Hotels (North) Limited India are Tarun Srivastava as COMPANY SECRETARY and Ashish Dhanuka as Cfo. Amritesh Jatia, Arjun Murlidharan, Preeti Gandhi, and Three other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L55101DL1980PLC011037

  • Company No.

    011037

  • Stock Symbol

    BSE : 500023 NSE : ASIANHOTNR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Nov 1980

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Travel and Hospitality

Who are the key members and board of directors at Asian Hotels (North)?

Executive Team (3)

Name Designation Appointment Date Status
Amritesh Jatia Country flag representing In Managing Director 29-Apr-2010 Current
Tarun Srivastava Country flag representing In Company Secretary 09-Aug-2022 Current
Ashish Dhanuka CFO 24-Jul-2021 Current

Board Members (4)

Name Designation Appointment Date Status
Deena Pathak Country flag representing In Additional Director 22-Mar-2024 Current
Arjun Murlidharan Additional Director 11-Apr-2024 Current
Preeti Gandhi Country flag representing In Director 13-Sep-2020 Current
Akhilesh Bhuwalka Country flag representing In Director 18-Jun-2020 Current

Financial Performance of Asian Hotels (North).

Asian Hotels (North) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 91.24% increase. The company also saw a substantial improvement in profitability, with a 32.04% increase in profit. The company's net worth observed a substantial decline by a decrease of 34.29%.

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
91.24%
Revenue from Operations
95.96%
Total Assets
1.07%
Profit or Loss
32.04%
Net Worth
-34.29%
EBITDA
806.65%

What is the Ownership and Shareholding Structure of Asian Hotels (North)?

In 2023, Asian Hotels (North) had a promoter holding of 50.69% and a public holding of 49.30%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,561.76 Cr

Satisfied Charges

₹1,934.03 Cr

Charges Breakdown by Lending Institutions

  • Others : 2561.76 Cr

Latest Charge Details

Date Lender Amount Status
03 Jul 2021 Others ₹255.51 Cr Open
07 Jun 2021 Others ₹44.80 Cr Open
02 Jun 2020 Others ₹200.00 Cr Open
02 Jun 2020 Others ₹240.00 Cr Open
29 Oct 2018 Others ₹2.23 M Open

How Many Employees Work at Asian Hotels (North)?

Asian Hotels (North) has a workforce of 756 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 Asian Hotels (North), 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 (North)'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 Asian Hotels (North)

Recent activity within the organization

  • Director Appointment

    Arjun Raghavendra Murlidharan was appointed as a Additional Director was appointed as a Additional Director on 11 Apr 2024 & has been associated with this company since 9 months 22 days .

    11 Apr 2024

  • Charges

    A charge with Others of Rs. 13.00 Cr registered on 30 Sep 2015 with Charge ID 10605740 was modified on 26 Mar 2024.

    26 Mar 2024

  • Director Appointment

    Deena Nath Pathak was appointed as a Additional Director was appointed as a Additional Director on 22 Mar 2024 & has been associated with this company since 10 months 11 days .

    22 Mar 2024

  • Charges

    A charge with Others of Rs. 105.00 Cr registered on 20 Nov 2017 with Charge ID 100137710 was modified on 07 Nov 2023.

    07 Nov 2023

  • Charges

    A charge registered on 14 Sep 2017 via Charge ID 100135310 with Others was fully satisfied on 04 Oct 2023.

    04 Oct 2023

  • Annual General Meeting

    Asian Hotels (North) Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Asian Hotels (North) Limited was incorporated on 13 Nov 1980.

  • The authorized share capital of Asian Hotels (North) Limited is ₹ 70.00 Cr and paid-up capital is ₹ 19.45 Cr.

  • Currently 8 directors are associated with Asian Hotels (North) Limited.

    • Amritesh Jatia
    • Tarun Srivastava
    • Ashish Dhanuka
    • Arjun Raghavendra Murlidharan
    • Preeti Gandhi
    • Ashish Dhanuka
    • Akhilesh Bhuwalka
    • Deena Nath Pathak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asian Hotels (North) Limited is Bhikaji Cama Place M. G. Marg, New Delhi, India, 110066.

  • The corporate identification number (CIN) of Asian Hotels (North) Limited is L55101DL1980PLC011037 and the company number is 011037 as per Ministry of Corporate Affairs (MCA).

  • Yes, Asian Hotels (North) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ASIANHOTNR.

  • The Official website of Asian Hotels (North) Limited is https://www.asianhotelsnorth.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asian Hotels (North) Limited has risen by 91.24%.

  • As Per 2023 financial reports, 756 employees are currently employed by Asian Hotels (North) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asian Hotels (North) Limited has experienced an downturn of -34.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asian Hotels (North) Limited amount to ₹ 2,561.76 Cr.

  • The most recent Balance Sheet for Asian Hotels (North) Limited was filed with the ROC on 31 Mar 2023.

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