Bestech Hospitalities Private Limited

Construction and hospitality company with over 20 years of experience, specializing in real estate and hotel projects.

1995 | Delhi (India) | Active
Last Updated: October 23, 2024

Bestech Hospitalities Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 32.79 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 362.61 Cr
  • Satisfied Charges ₹ 462.62 Cr
  • Revenue Growth 51.76%
  • Profit Growth 66.12%
  • Ebitda 142.50%
  • Net Worth 14.66%
  • Total Assets 7.73%

About Bestech Hospitalities

Bestech Hospitalities Private Limited (BHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 July 1995 and has a history of 29 years and seven months. Its registered office is in Delhi, India.

The Corporate was formerly known as Bestech Engineers & Contractors Private 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 35.00 Cr and a paid-up capital of Rs 32.79 Cr.

The company currently has active open charges totaling ₹362.61 Cr. The company has closed loans amounting to ₹462.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bestech Hospitalities Private Limited India is Amit Kumar as COMPANY SECRETARY. Sunil Satija, Dharamendra Bhandari, Rajesh Adlakha, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995PTC070434

  • Company No.

    070434

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Travel and Hospitality

Who are the key members and board of directors at Bestech Hospitalities?

Executive Team (1)

NameDesignationAppointment DateStatus
Amit Kumar Country flag representing In Company Secretary01-Dec-2016Current

Board Members (4)

NameDesignationAppointment DateStatus
Rajesh Adlakha Country flag representing In Whole-Time Director 21-May-2016Current
Sunil Satija Country flag representing In Director 03-Jul-1995Current
Dharamendra Bhandari Country flag representing In Director 23-Feb-2007Current
Manoj Bali Country flag representing In Director 04-Jun-2016Current

Financial Performance of Bestech Hospitalities.

Bestech Hospitalities Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.76% increase. The company also saw a substantial improvement in profitability, with a 66.12% increase in profit. The company's net worth Soared by an impressive increase of 14.66%.

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
51.76%
Revenue from Operations
82.78%
Total Assets
7.73%
Profit or Loss
66.12%
Net Worth
14.66%
EBITDA
142.50%

What is the Ownership and Shareholding Structure of Bestech Hospitalities?

In 2023, Bestech Hospitalities had a promoter holding of 98.70% and a public holding of 1.30%. The company had 6 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹362.61 Cr

Satisfied Charges

₹462.62 Cr

Charges Breakdown by Lending Institutions

  • Others : 362.61 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2022Others₹4.31 CrOpen
23 Nov 2021Others₹29.10 CrOpen
30 Sep 2021Others₹29.10 CrOpen
11 Jan 2021Others₹4.00 CrOpen
18 Apr 2019Others₹95.20 CrOpen

How Many Employees Work at Bestech Hospitalities?

Bestech Hospitalities has a workforce of 258 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 Bestech Hospitalities, 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 Bestech Hospitalities'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 Bestech Hospitalities

Recent activity within the organization

  • Annual General Meeting

    Bestech Hospitalities Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Bestech Hospitalities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 08 Feb 2021 via Charge ID 100412937 with Standard Chartered Bank was fully satisfied on 23 Feb 2022.

    23 Feb 2022

  • Charges

    A charge with Others of Rs. 29.10 Cr registered on 23 Nov 2021 with Charge ID 100506235 was modified on 11 Feb 2022.

    11 Feb 2022

  • Charges

    A charge with Others amounted to Rs. 4.31 Cr with Charge ID 100549542 was registered on 17 Jan 2022.

    17 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 29.10 Cr with Charge ID 100506235 was registered on 23 Nov 2021.

    23 Nov 2021

Frequently asked questions

  • Bestech Hospitalities Private Limited was incorporated on 03 Jul 1995.

  • The authorized share capital of Bestech Hospitalities Private Limited is ₹ 35.00 Cr and paid-up capital is ₹ 32.79 Cr.

  • Currently 5 directors are associated with Bestech Hospitalities Private Limited.

    • Sunil Satija
    • Dharamendra Bhandari
    • Rajesh Adlakha
    • Manoj Bali
    • Amit Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bestech Hospitalities Private Limited is Unit No 5D 5Th Floor Assets Area 4, Aerocity Hospitality District India, New Delhi, 110037.

  • The corporate identification number (CIN) of Bestech Hospitalities Private Limited is U74899DL1995PTC070434 and the company number is 070434 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bestech Hospitalities Private Limited is https://www.bestechgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bestech Hospitalities Private Limited has risen by 51.76%.

  • As Per 2023 financial reports, 258 employees are currently employed by Bestech Hospitalities Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bestech Hospitalities Private Limited has experienced an upsurge of 14.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bestech Hospitalities Private Limited amount to ₹ 362.61 Cr.

  • The most recent Balance Sheet for Bestech Hospitalities Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Hotel & Accommodation Services