Balaji Hotels And Enterprises Limited

Provides hotel accommodation services since 1989, based in Chennai, India.

1989 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 26, 2020

Balaji Hotels And Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 130.00 Cr
  • Paid Up Capital ₹ 33.38 Cr
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 327.20 Cr
  • Satisfied Charges ₹ 112.00 Cr
  • Revenue Growth %
  • Profit Growth -101.38%
  • Ebitda -15.43%
  • Net Worth -1.06%
  • Total Assets -0.24%

About Balaji Hotels And Enterprises

Balaji Hotels And Enterprises Limited (BHAEL) is a Public Limited Indian Non-Government Company incorporated in India on 04 August 1989 and has a history of 35 years and six months. Its registered office is in Chennai, 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 2019. It's a company limited by shares with an authorized capital of Rs 130.00 Cr and a paid-up capital of Rs 33.38 Cr.

The company currently has active open charges totaling ₹327.20 Cr. The company has closed loans amounting to ₹112.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Saravanan Venkatesan, Kamalakar Potireddy, and Sujatha serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L55101TN1989PLC046781

  • Company No.

    046781

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 1989

  • Date of AGM

    26 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc-Chennai

Industry

Travel and Hospitality

Who are the key members and board of directors at Balaji Hotels And Enterprises?

Board Members (3)

Name Designation Appointment Date Status
Saravanan Venkatesan Country flag representing In Director 12-Jun-2019 Current
Kamalakar Potireddy Country flag representing In Additional Director 16-Jul-2020 Current
Sujatha Country flag representing In Director 01-Feb-2016 Current

Financial Performance of Balaji Hotels And Enterprises.

Balaji Hotels And Enterprises Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 101.38% decrease in profit. The company's net worth dipped by a decrease of 1.06%.

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
Revenue from Operations
Total Assets
-0.24%
Profit or Loss
-101.38%
Net Worth
-1.06%
EBITDA
-15.43%

What is the Ownership and Shareholding Structure of Balaji Hotels And Enterprises?

In 2019, Balaji Hotels And Enterprises had a promoter holding of 46.24% and a public holding of 53.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹327.20 Cr

Satisfied Charges

₹112.00 Cr

Charges Breakdown by Lending Institutions

  • The Industrial Finance Corporation Of India Ltd : 87.50 Cr
  • The Industrial Finance Corporation Of India Ltd (Ifci) : 55.00 Cr
  • Ifci Limited : 50.00 Cr
  • The Industrial Credit And Investment Corporation Of India Limited : 50.00 Cr
  • The Industrial Finance Corporation Of India Limited : 49.50 Cr
  • Others : 35.20 Cr

Latest Charge Details

Date Lender Amount Status
13 Mar 2000 Ifci Limited ₹25.00 Cr Open
11 Feb 2000 Ifci Limited ₹25.00 Cr Open
02 Mar 1999 The Industrial Finance Corporation Of India Ltd ₹61.00 Cr Open
25 Sep 1997 The Industrial Finance Corporation Of India Ltd ₹26.50 Cr Open
10 Jul 1997 Oman International Bank Saog ₹2.00 M Open

How Many Employees Work at Balaji Hotels And Enterprises?

Unlock and access historical data on people associated with Balaji Hotels And Enterprises, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balaji Hotels And Enterprises, 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 Balaji Hotels And Enterprises'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 Balaji Hotels And Enterprises

Recent activity within the organization

  • Director Appointment

    Kamalakar Reddy Potireddy was appointed as a Additional Director was appointed as a Additional Director on 16 Jul 2020 & has been associated with this company since 4 years 6 months .

    16 Jul 2020

  • Annual General Meeting

    Balaji Hotels And Enterprises Limited last Annual general meeting of members was held on 26 Sep 2019 as per latest MCA records.

    26 Sep 2019

  • Director Appointment

    Saravanan Venkatesan was appointed as a Director was appointed as a Director on 12 Jun 2019 & has been associated with this company since 5 years 7 months .

    12 Jun 2019

  • Balance Sheet

    Balaji Hotels And Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with RoC-Chennai.

    31 Mar 2019

  • Director Appointment

    Sujatha was appointed as a Director was appointed as a Director on 01 Feb 2016 & has been associated with this company since 9 years 1 day .

    01 Feb 2016

  • Charges

    A charge registered on 11 Dec 1997 via Charge ID 80032300 with Corporation Bank was fully satisfied on 02 Feb 2009.

    02 Feb 2009

Frequently asked questions

  • Balaji Hotels And Enterprises Limited was incorporated on 04 Aug 1989.

  • The authorized share capital of Balaji Hotels And Enterprises Limited is ₹ 130.00 Cr and paid-up capital is ₹ 33.38 Cr.

  • Currently 3 directors are associated with Balaji Hotels And Enterprises Limited.

    • Saravanan Venkatesan
    • Kamalakar Reddy Potireddy
    • Sujatha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balaji Hotels And Enterprises Limited is New No.34 Old No.76, Bazullah Road T Nagar, Chennai, Tamil Nadu, India, 600017.

  • The corporate identification number (CIN) of Balaji Hotels And Enterprises Limited is L55101TN1989PLC046781 and the company number is 046781 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balaji Hotels And Enterprises Limited is https://www.bhel.info

  • The financial reports for the fiscal year 2019 indicates that The net worth of Balaji Hotels And Enterprises Limited has experienced an downturn of -1.06%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Balaji Hotels And Enterprises Limited amount to ₹ 327.20 Cr.

  • The most recent Balance Sheet for Balaji Hotels And Enterprises Limited was filed with the ROC on 31 Mar 2019.

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