Brigade Hotel Ventures Limited

Operates hotels, restaurants, and banquet halls with a portfolio of four operational hotels.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Brigade Hotel Ventures Profile

Key Indicators

  • Authorised Capital ₹ 290.00 Cr
  • Paid Up Capital ₹ 281.43 Cr
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 794.50 Cr
  • Satisfied Charges ₹ 913.28 Cr
  • Revenue Growth 136.13%
  • Profit Growth 93.45%
  • Ebitda 1380.93%
  • Net Worth 1.29%
  • Total Assets -1.55%

About Brigade Hotel Ventures

Brigade Hotel Ventures Limited (BHVL) is a Public Limited Indian Non-Government Company incorporated in India on 24 August 2016 (Eight years and six months 0 days old ). Its registered office is in Bangaluru, Karnataka, 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 290.00 Cr and a paid-up capital of Rs 281.43 Cr.

The company currently has active open charges totaling ₹794.50 Cr. The company has closed loans amounting to ₹913.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Brigade Hotel Ventures Limited India are Ananda Natarajan as CFO and Akanksha Bijawat as Company Secretary. Nakul Anand, Anup Sanmukh, Jyoti Narang, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    brigadegroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2016PLC095986

  • Company No.

    095986

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 2016

  • Date of AGM

    02 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

Who are the key members and board of directors at Brigade Hotel Ventures?

Executive Team (3)

NameDesignationAppointment DateStatus
Nirupa Shankar Country flag representing In Managing Director24-Aug-2016Current
Ananda Natarajan CFO30-Mar-2019Current
Akanksha Bijawat Company Secretary07-Oct-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Jyoti Narang Country flag representing In Director 31-May-2024Current
Bijou Kurien Country flag representing In Director 22-Apr-2024Current
Nakul Anand Country flag representing In Director 07-Oct-2024Current
Anup Sanmukh Country flag representing In Director 22-Apr-2024Current
Amar Mysore Country flag representing In Director 12-Apr-2021Current
Vineet Verma Country flag representing In Director 24-Aug-2016Current

Financial Performance of Brigade Hotel Ventures.

Brigade Hotel Ventures Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 136.13% increase. The company also saw a substantial improvement in profitability, with a 93.45% increase in profit. The company's net worth moved up by a moderate rise of 1.29%.

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
136.13%
Revenue from Operations
144.71%
Total Assets
-1.55%
Profit or Loss
93.45%
Net Worth
1.29%
EBITDA
1380.93%

What is the Ownership and Shareholding Structure of Brigade Hotel Ventures?

In 2023, Brigade Hotel Ventures had a promoter holding of 99.99% and a public holding of 0.01%. 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

₹794.50 Cr

Satisfied Charges

₹913.28 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 494.50 Cr
  • Sbicap Trustee Company Limited : 300.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 2024Sbicap Trustee Company Limited₹300.00 CrOpen
29 Sep 2023Axis Bank Limited₹300.00 CrOpen
14 Nov 2022Axis Bank Limited₹60.00 CrOpen
17 May 2019Axis Bank Limited₹69.50 CrOpen
24 Apr 2018Axis Bank Limited₹65.00 CrOpen

How Many Employees Work at Brigade Hotel Ventures?

Brigade Hotel Ventures has a workforce of 9 employees as of Apr 08, 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 Brigade Hotel Ventures, 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 Brigade Hotel Ventures'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 Brigade Hotel Ventures

Recent activity within the organization

  • Director Appointment

    Nakul Anand was appointed as a Director was appointed as a Director on 07 Oct 2024 & has been associated with this company since 4 months 17 days .

    07 Oct 2024

  • Director Appointment

    Akanksha Bijawat was appointed as a Company Secretary was appointed as a Company Secretary on 07 Oct 2024 & has been associated with this company since 4 months 17 days .

    07 Oct 2024

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 300.00 Cr with Charge ID 100970429 was registered on 13 Aug 2024.

    13 Aug 2024

  • Annual General Meeting

    Brigade Hotel Ventures Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.

    02 Aug 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 300.00 Cr registered on 29 Sep 2023 with Charge ID 100796775 was modified on 10 Jun 2024.

    10 Jun 2024

  • Director Appointment

    Jyoti Narang was appointed as a Director was appointed as a Director on 31 May 2024 & has been associated with this company since 8 months 23 days .

    31 May 2024

Frequently asked questions

  • Brigade Hotel Ventures Limited was incorporated on 24 Aug 2016.

  • The authorized share capital of Brigade Hotel Ventures Limited is ₹ 290.00 Cr and paid-up capital is ₹ 281.43 Cr.

  • Currently 9 directors are associated with Brigade Hotel Ventures Limited.

    • Nakul Anand
    • Anup Shah Sanmukh
    • Jyoti Narang
    • Bijou Kurien
    • Nirupa Shankar
    • Amar Shivram Mysore
    • Vineet Verma
    • Ananda Natarajan
    • Akanksha Bijawat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Brigade Hotel Ventures Limited is 29 30Thflr World Trade Center Brigadegatewaycampus 26/1 Rajkumar Road, Malleswaram-Rajajin Agar India, Bangalore, Karnataka, 560055.

  • The corporate identification number (CIN) of Brigade Hotel Ventures Limited is U74999KA2016PLC095986 and the company number is 095986 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Brigade Hotel Ventures Limited is https://www.brigadegroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Brigade Hotel Ventures Limited has risen by 136.13%.

  • As Per 2023 financial reports, 9 employees are currently employed by Brigade Hotel Ventures Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Brigade Hotel Ventures Limited has experienced an upsurge of 1.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Brigade Hotel Ventures Limited amount to ₹ 794.50 Cr.

  • The most recent Balance Sheet for Brigade Hotel Ventures Limited was filed with the ROC on 31 Mar 2024.

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