Best Eastern Hotels Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 2.89 Cr
- Company Age 81 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.54 Cr
- Satisfied Charges ₹ 8.25 M
- Revenue Growth 45.83%
- Profit Growth 375.93%
- Ebitda 167.34%
- Net Worth 5.48%
- Total Assets 12.96%
About Best Eastern Hotels
Best Eastern Hotels Limited (BEHL) was founded in India on 23 May 1943 and has a glorious history of 81 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 508664.
The Corporate was formerly known as The Mysore Coffe Estates Ltd. 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 6.00 Cr and a paid-up capital of Rs 2.89 Cr.
The company currently has active open charges totaling ₹2.54 Cr. The company has closed loans amounting to ₹8.25 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Best Eastern Hotels Limited India is Dilip Kothari as CFO. Mangal Chheda, Dilip Kothari, Rahul Baxi, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L99999MH1943PLC040199
- Company No.
040199
- Stock Symbol
BSE : 508664
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 May 1943
- Date of AGM
19 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Travel and Hospitality
What products or services does Best Eastern Hotels Limited offer?
Best Eastern Hotels Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Residential Property, Hotel Booking & Reservation Services, Hospitality Services.
Best Eastern Hotels Limited
Explore comprehensive data for Best Eastern Hotels Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Best Eastern Hotels?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dilip Kothari  | Managing Director | 01-Jun-2009 | Current |
| Vinaychand Kothari | Managing Director | 01-Jun-2009 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mangal Chheda | Director | 23-Sep-2015 | Current |
| Rahul Baxi | Director | 16-Jul-2024 | Current |
| Neelam Kothari | Director | 20-Mar-2015 | Current |
| Manohar Tambat | Director | 30-Aug-2003 | Current |
Financial Performance of Best Eastern Hotels.
Best Eastern Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.83% increase. The company also saw a substantial improvement in profitability, with a 375.93% increase in profit. The company's net worth moved up by a moderate rise of 5.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Best Eastern Hotels?
In 2023, Best Eastern Hotels had a promoter holding of 75.00% and a public holding of 25.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Matheran Rope-Way Private LimitedDilip Kothari is a mutual person
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Vandeep Developers LlpDilip Kothari and Vinaychand Kothari are mutual person
- Vandeep Impex Llp
Dilip Kothari, Neelam Kothari and 1 more are mutual person
- Meena Infratech Llp
Dilip Kothari and Vinaychand Kothari are mutual person
- Vandeep Hotels Llp
Dilip Kothari and Neelam Kothari are mutual person
Charges (Loans)
Open Charges
₹2.54 Cr
Satisfied Charges
₹0.82 Cr
Charges Breakdown by Lending Institutions
- Others : 2.54 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2001 | Others | ₹2.54 Cr | Open |
| 01 Jun 2006 | Union Bank Of India Limited | ₹0.60 M | Satisfied |
| 01 Jun 2006 | Union Bank Of India Limited | ₹0.60 M | Satisfied |
| 09 May 2001 | Union Bank Of India | ₹0.56 M | Satisfied |
| 13 Jun 2000 | Union Bank Of India | ₹6.00 M | Satisfied |
How Many Employees Work at Best Eastern Hotels?
Best Eastern Hotels has a workforce of 48 employees as of Mar 27, 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 Best Eastern 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 Best Eastern 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.
Latest Updates, News, and FAQs on Best Eastern Hotels
Recent activity within the organization
- Annual General Meeting
Best Eastern Hotels Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.
- Director Appointment
Rahul Ramnik Baxi was appointed as a Director was appointed as a Director on 16 Jul 2024 & has been associated with this company since 9 months 29 days .
- Balance Sheet
Best Eastern Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others of Rs. 2.54 Cr registered on 07 Aug 2001 with Charge ID 80060547 was modified on 07 Oct 2021.
- Charges
A charge registered on 01 Jun 2006 via Charge ID 10006090 with Union Bank Of India Limited was fully satisfied on 09 Sep 2020.
- Charges
A charge registered on 01 Jun 2006 via Charge ID 10006156 with Union Bank Of India Limited was fully satisfied on 09 Sep 2020.
Frequently asked questions
What is the Incorporation or founding date of Best Eastern Hotels Limited?
Best Eastern Hotels Limited was incorporated on 23 May 1943.
What is authorized share capital and paid-up capital of Best Eastern Hotels Limited?
The authorized share capital of Best Eastern Hotels Limited is ₹ 6.00 Cr and paid-up capital is ₹ 2.89 Cr.
Who are the current board members & directors of Best Eastern Hotels Limited?
Currently 7 directors are associated with Best Eastern Hotels Limited.
- Mangal Shamji Chheda
- Dilip Vinaychand Kothari
- Rahul Ramnik Baxi
- Neelam Dilip Kothari
- Vinaychand Yadavsingh Kothari
- Dilip Vinaychand Kothari
- Manohar Ramchandra Tambat
What is the registered address of Best Eastern Hotels Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Best Eastern Hotels Limited is 401 Chartered House 93/299 Dr.C H St. Near Marine Lines, Church India, Mumbai, Maharashtra, 400002.
What is the corporate identification number (CIN) and company number of Best Eastern Hotels Limited?
The corporate identification number (CIN) of Best Eastern Hotels Limited is L99999MH1943PLC040199 and the company number is 040199 as per Ministry of Corporate Affairs (MCA).
Is Best Eastern Hotels Limited registered with any stock exchange in India?
Yes, Best Eastern Hotels Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Best Eastern Hotels Limited?
The Official website of Best Eastern Hotels Limited is https://www.ushaascot.com
What has been the recent revenue trend for Best Eastern Hotels Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Best Eastern Hotels Limited has risen by 45.83%.
How many employees does Best Eastern Hotels Limited currently have?
As Per 2023 financial reports, 48 employees are currently employed by Best Eastern Hotels Limited.
What change has been observed in the net worth of Best Eastern Hotels Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Best Eastern Hotels Limited has experienced an upsurge of 5.48%.
What are the total open charges for Best Eastern Hotels Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Best Eastern Hotels Limited amount to ₹ 2.54 Cr.
When was the last Balance Sheet of Best Eastern Hotels Limited filed with the ROC?
The most recent Balance Sheet for Best Eastern Hotels Limited was filed with the ROC on 31 Mar 2024.
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