City Heart Hotels Private Limited

Operates three hotels in Chandigarh with various amenities including restaurants, fitness center, and conference halls.

2006 | Chandigarh (India) | Active
Last Updated: January 09, 2025

City Heart Hotels Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.45 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.04 Cr
  • Satisfied Charges ₹ 19.76 Cr
  • Revenue Growth -43.61%
  • Profit Growth -26.10%
  • Ebitda -24.97%
  • Net Worth 5.91%
  • Total Assets 0.82%

About City Heart Hotels

City Heart Hotels Private Limited (CHHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 March 2006 and has a history of 18 years and ten months. Its registered office is in Chandigarh, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.45 Cr.

The company currently has active open charges totaling ₹14.04 Cr. The company has closed loans amounting to ₹19.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishan Narang, Sushma Narang, Neha Narang, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U55101CH2006PTC029934

  • Company No.

    029934

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2006

  • Date of AGM

    03 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Travel and Hospitality

What products or services does City Heart Hotels Private Limited offer?

City Heart Hotels Private Limited offers a wide range of products and services, including Hotel Booking & Reservation Services, Hospitality Services, Corporate Events & Party Organizers, Wedding-Event Management Service, Accommodation Services.

Who are the key members and board of directors at City Heart Hotels?

Board Members (4)

Name Designation Appointment Date Status
Krishan Narang Country flag representing In Director 27-Mar-2006 Current
Sushma Narang Country flag representing In Director 08-Aug-2023 Current
Neha Narang Country flag representing In Director 08-Aug-2023 Current
Swati Narang Country flag representing In Director 08-Aug-2023 Current

Financial Performance of City Heart Hotels.

City Heart Hotels Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 43.61% decrease. The company also saw a substantial fall in profitability, with a 26.1% decrease in profit. The company's net worth moved up by a moderate rise of 5.91%.

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
-43.61%
Revenue from Operations
-44.13%
Total Assets
0.82%
Profit or Loss
-26.10%
Net Worth
5.91%
EBITDA
-24.97%

What is the Ownership and Shareholding Structure of City Heart Hotels?

In 2021, City Heart 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.04 Cr

Satisfied Charges

₹19.76 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 14.00 Cr
  • Others : 0.04 Cr

Latest Charge Details

Date Lender Amount Status
23 Jun 2016 Others ₹0.20 M Open
23 Jun 2016 Others ₹0.20 M Open
19 Nov 2015 Hdfc Bank Limited ₹14.00 Cr Open
23 Apr 2012 India Infoline Finance Limited ₹10.00 Cr Satisfied
11 Feb 2010 Punjab National Bank ₹2.00 Cr Satisfied

How Many Employees Work at City Heart Hotels?

City Heart Hotels has a workforce of 21 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 City Heart 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 City Heart Hotels'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 City Heart Hotels

Recent activity within the organization

  • Annual General Meeting

    City Heart Hotels Private Limited last Annual general meeting of members was held on 03 Sep 2023 as per latest MCA records.

    03 Sep 2023

  • Director Appointment

    Sushma Narang was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 1 year 5 months .

    08 Aug 2023

  • Director Appointment

    Neha Narang was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 1 year 5 months .

    08 Aug 2023

  • Director Appointment

    Swati Narang was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 1 year 5 months .

    08 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 14.00 Cr registered on 19 Nov 2015 with Charge ID 100026828 was modified on 15 Jul 2023.

    15 Jul 2023

  • Balance Sheet

    City Heart Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

Frequently asked questions

  • City Heart Hotels Private Limited was incorporated on 27 Mar 2006.

  • The authorized share capital of City Heart Hotels Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.45 Cr.

  • Currently 4 directors are associated with City Heart Hotels Private Limited.

    • Krishan Lal Narang
    • Sushma Narang
    • Neha Narang
    • Swati Narang
  • As per Ministry of Corporate Affairs (Mca), the registered address of City Heart Hotels Private Limited is Plot No. 181/45, Industrial Area Phase 1 India, Chandigarh, 160002.

  • The corporate identification number (CIN) of City Heart Hotels Private Limited is U55101CH2006PTC029934 and the company number is 029934 as per Ministry of Corporate Affairs (MCA).

  • The Official website of City Heart Hotels Private Limited is https://www.cityhearthotels.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for City Heart Hotels Private Limited has fallen by -43.61%.

  • As Per 2021 financial reports, 21 employees are currently employed by City Heart Hotels Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of City Heart Hotels Private Limited has experienced an upsurge of 5.91%.

  • As per the financial statements for fiscal Year 2021, The total open charges for City Heart Hotels Private Limited amount to ₹ 14.04 Cr.

  • The most recent Balance Sheet for City Heart Hotels Private Limited was filed with the ROC on 31 Mar 2023.

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