Citymax Hotels (India) Private Limited

Operates family entertainment centers and franchises Krispy Kreme in India.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated:

Citymax Hotels (India) Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 39.52 Cr
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 162.25 Cr
  • Satisfied Charges ₹ 70.04 Cr
  • Revenue Growth 96.02%
  • Profit Growth 184.46%
  • Ebitda 857.18%
  • Net Worth 296.21%
  • Total Assets 17.70%

About Citymax Hotels (India)

Citymax Hotels (India) Private Limited (CHIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 September 2005 and has a history of 19 years and five months. 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 50.00 Cr and a paid-up capital of Rs 39.52 Cr.

The company currently has active open charges totaling ₹162.25 Cr. The company has closed loans amounting to ₹70.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Citymax Hotels (India) Private Limited India is Apoorva Gnaneshwar as COMPANY SECRETARY. Raghu Rajagopalan and Shitalkumar Mehta serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    krispykremeindia.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101KA2005PTC037255

  • Company No.

    037255

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Sep 2005

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality
Events and Entertainment

Who are the key members and board of directors at Citymax Hotels (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Apoorva Gnaneshwar Country flag representing In Company Secretary01-Aug-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Shitalkumar Mehta Country flag representing In Director 30-Jun-2020Current
Raghu Rajagopalan Country flag representing In Director 27-May-2014Current

Financial Performance of Citymax Hotels (India).

Citymax Hotels (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 96.02% increase. The company also saw a substantial improvement in profitability, with a 184.46% increase in profit. The company's net worth Soared by an impressive increase of 296.21%.

Citymax Hotels (India) revenue growth over time
Citymax Hotels (India) 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
96.02%
Revenue from Operations
96.64%
Total Assets
17.70%
Profit or Loss
184.46%
Net Worth
296.21%
EBITDA
857.18%

What is the Ownership and Shareholding Structure of Citymax Hotels (India)?

In 2023, Citymax Hotels (India) had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹162.25 Cr

Satisfied Charges

₹70.04 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 90.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 72.25 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 2023Hdfc Bank Limited₹30.00 CrOpen
22 Nov 2019Hdfc Bank Limited₹40.00 CrOpen
21 Sep 2019Hdfc Bank Limited₹15.00 CrOpen
16 Dec 2017Hdfc Bank Limited₹5.00 CrOpen
03 Jun 2013The Hongkong And Shanghai Banking Corporation Limited₹72.25 CrOpen

How Many Employees Work at Citymax Hotels (India)?

Citymax Hotels (India) has a workforce of 957 employees as of Mar 28, 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.

Employee growth trends for Citymax Hotels (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Citymax Hotels (India), 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 Citymax Hotels (India)'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 Citymax Hotels (India)

Recent activity within the organization

  • Annual General Meeting

    Citymax Hotels (India) Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 16 Oct 2018 via Charge ID 100213374 with Hdfc Bank Limited was fully satisfied on 26 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 16 Dec 2017 with Charge ID 100173401 was modified on 26 Sep 2024.

  • Balance Sheet

    Citymax Hotels (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100836411 was registered on 20 Dec 2023.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 72.25 Cr registered on 03 Jun 2013 with Charge ID 10434053 was modified on 01 Sep 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Citymax Hotels (India) Private Limited?

    Citymax Hotels (India) Private Limited was incorporated on 16 Sep 2005.

  • What is authorized share capital and paid-up capital of Citymax Hotels (India) Private Limited?

    The authorized share capital of Citymax Hotels (India) Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 39.52 Cr.

  • Who are the current board members & directors of Citymax Hotels (India) Private Limited?

    Currently 3 directors are associated with Citymax Hotels (India) Private Limited.

    • Raghu Rajagopalan
    • Shitalkumar Vinodray Mehta
    • Apoorva Gnaneshwar

  • What is the registered address of Citymax Hotels (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Citymax Hotels (India) Private Limited is 3Rd Floor 77 Town Centre Building No.3 West Wing Off Hal Airport Road Yamlur P.O., India, Bangalore, Karnataka, 560037.

  • What is the corporate identification number (CIN) and company number of Citymax Hotels (India) Private Limited?

    The corporate identification number (CIN) of Citymax Hotels (India) Private Limited is U55101KA2005PTC037255 and the company number is 037255 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Citymax Hotels (India) Private Limited?

    The Official website of Citymax Hotels (India) Private Limited is https://www.krispykremeindia.in

  • What has been the recent revenue trend for Citymax Hotels (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Citymax Hotels (India) Private Limited has risen by 96.02%.

  • How many employees does Citymax Hotels (India) Private Limited currently have?

    As Per 2023 financial reports, 957 employees are currently employed by Citymax Hotels (India) Private Limited.

  • What change has been observed in the net worth of Citymax Hotels (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Citymax Hotels (India) Private Limited has experienced an upsurge of 296.21%.

  • What are the total open charges for Citymax Hotels (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Citymax Hotels (India) Private Limited amount to ₹ 162.25 Cr.

  • When was the last Balance Sheet of Citymax Hotels (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Citymax Hotels (India) Private Limited was filed with the ROC on 31 Mar 2024.

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