Citymax Hotels (India) Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 39.52 Cr
- Company Age 19 Year, 4 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 four 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
- 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
Who are the key members and board of directors at Citymax Hotels (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Apoorva Gnaneshwar  | Company Secretary | 01-Aug-2020 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shitalkumar Mehta | Director | 30-Jun-2020 | Current |
| Raghu Rajagopalan | Director | 27-May-2014 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Lmg Consulting Services India Private LimitedShitalkumar Mehta is a mutual person
Life Style International Private LimitedShitalkumar Mehta is a mutual person
Max Hypermarket India Private LimitedRaghu Rajagopalan is a mutual person
Citymax Hospitality (India) Private LimitedRaghu Rajagopalan and Shitalkumar Mehta are mutual person
Charges (Loans)
₹162.25 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2023 | Hdfc Bank Limited | ₹30.00 Cr | Open |
| 22 Nov 2019 | Hdfc Bank Limited | ₹40.00 Cr | Open |
| 21 Sep 2019 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 16 Dec 2017 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 03 Jun 2013 | The Hongkong And Shanghai Banking Corporation Limited | ₹72.25 Cr | Open |
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.
Deals i
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
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.
