Balas Hotels Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 21 Year, 1 Day
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.98 Cr
- Satisfied Charges ₹ 2.39 Cr
- Revenue Growth 62.29%
- Profit Growth 57.56%
- Ebitda 194.89%
- Net Worth -7.77%
- Total Assets -10.22%
About Balas Hotels
Balas Hotels Private Limited (BHPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 February 2004 and has a history of 21 years. Its registered office is in Pune, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹10.98 Cr. The company has closed loans amounting to ₹2.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanket Pawar, Kailash Pawar, Aditya Pawar, and One other member serve as directors at the Company.
Company Details
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U55101PN2004PTC018915
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Company No.
018915
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
13 Feb 2004
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
What products or services does Balas Hotels Private Limited offer?
Balas Hotels Private Limited offers a wide range of products and services, including Hotel Bookings, Hotels Accommodation Service.
Who are the key members and board of directors at Balas Hotels?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanket Pawar
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Director | 29-Oct-2012 | Current |
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Kailash Pawar
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Director | 29-Oct-2012 | Current |
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Aditya Pawar
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Director | 16-Oct-2019 | Current |
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Monika Kharade
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Director | 19-Aug-2020 | Current |
Financial Performance of Balas Hotels.
Balas Hotels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 62.29% increase. The company also saw a substantial improvement in profitability, with a 57.56% increase in profit. The company's net worth dipped by a decrease of 7.77%.
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What is the Ownership and Shareholding Structure of Balas Hotels?
In 2022, Balas Hotels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹10.98 Cr
₹2.39 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 10.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 2012 | State Bank Of India | ₹10.98 Cr | Open |
| 06 Jun 2007 | Vijaya Bank | ₹0.70 M | Satisfied |
| 12 Aug 2005 | Vijaya Bank | ₹2.32 Cr | Satisfied |
How Many Employees Work at Balas Hotels?
Unlock and access historical data on people associated with Balas Hotels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Balas Hotels, 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 Balas Hotels'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.
