Crafts Palace Hotels (India) Private Limited

Hotel company renting property to Mahindra Holidays for 5 years.

1991 | Jaipur, Rajasthan (India) | Active
Last Updated: January 06, 2025

Crafts Palace Hotels (India) Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.90 Cr
  • Company Age 34 Year, 18 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.31 Cr
  • Satisfied Charges ₹ 11.97 Cr
  • Revenue Growth 182.47%
  • Profit Growth 128.68%
  • Ebitda 146.78%
  • Net Worth 38.08%
  • Total Assets -1.69%

About Crafts Palace Hotels (India)

Crafts Palace Hotels (India) Private Limited (CPHIPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 January 1991 and has a history of 34 years. Its registered office is in Jaipur, Rajasthan.

The Company is engaged in the Financial Services 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 4.00 Cr and a paid-up capital of Rs 2.90 Cr.

The company currently has active open charges totaling ₹5.31 Cr. The company has closed loans amounting to ₹11.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajiv Abbi, Sameer Abbi, Rohan Abbi, and One other member serve as directors at the Company.

Company Details

  • Location
    Jaipur, Rajasthan
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101RJ1991PTC005779

  • Company No.

    005779

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Financial Services

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

Board Members (4)

Name Designation Appointment Date Status
Rajiv Abbi Country flag representing In Director 16-Sep-1991 Current
Sameer Abbi Country flag representing In Director 30-Sep-2022 Current
Rohan Abbi Country flag representing In Director 30-Sep-2022 Current
Dinesh Abbi Country flag representing In Director 16-Sep-1991 Current

Financial Performance of Crafts Palace Hotels (India).

Crafts Palace Hotels (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 182.47% increase. The company also saw a substantial improvement in profitability, with a 128.68% increase in profit. The company's net worth Soared by an impressive increase of 38.08%.

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
182.47%
Revenue from Operations
190.85%
Total Assets
-1.69%
Profit or Loss
128.68%
Net Worth
38.08%
EBITDA
146.78%

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

In 2023, Crafts Palace Hotels (India) 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

₹5.31 Cr

Satisfied Charges

₹11.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.31 Cr

Latest Charge Details

Date Lender Amount Status
16 May 2023 Others ₹1.60 Cr Open
22 Mar 2023 Others ₹3.71 Cr Open
29 Oct 2020 Standard Chartered Bank ₹1.50 Cr Satisfied
31 Oct 2019 Standard Chartered Bank ₹5.00 Cr Satisfied
10 May 2019 Uco Bank ₹1.00 M Satisfied

How Many Employees Work at Crafts Palace Hotels (India)?

Unlock and access historical data on people associated with Crafts Palace Hotels (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Crafts Palace 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 Crafts Palace 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 Crafts Palace Hotels (India)

Recent activity within the organization

  • Annual General Meeting

    Crafts Palace Hotels (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 29 Oct 2020 via Charge ID 100381958 with Standard Chartered Bank was fully satisfied on 09 Nov 2023.

    09 Nov 2023

  • Charges

    A charge registered on 31 Oct 2019 via Charge ID 100304008 with Standard Chartered Bank was fully satisfied on 30 May 2023.

    30 May 2023

  • Charges

    A charge with Others amounted to Rs. 1.60 Cr with Charge ID 100748826 was registered on 16 May 2023.

    16 May 2023

  • Charges

    A charge with Others of Rs. 1.60 Cr registered on 16 May 2023 with Charge ID 100748826 was modified on 16 May 2023.

    16 May 2023

Frequently asked questions

  • Crafts Palace Hotels (India) Private Limited was incorporated on 22 Jan 1991.

  • The authorized share capital of Crafts Palace Hotels (India) Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.90 Cr.

  • Currently 4 directors are associated with Crafts Palace Hotels (India) Private Limited.

    • Rajiv Abbi
    • Sameer Abbi
    • Rohan Abbi
    • Dinesh Abbi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Crafts Palace Hotels (India) Private Limited is Plot No. 1 Golimar Garden Amber Road, India, Jaipur, Rajasthan.

  • The corporate identification number (CIN) of Crafts Palace Hotels (India) Private Limited is U55101RJ1991PTC005779 and the company number is 005779 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Crafts Palace Hotels (India) Private Limited has risen by 182.47%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Crafts Palace Hotels (India) Private Limited has experienced an upsurge of 38.08%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Crafts Palace Hotels (India) Private Limited amount to ₹ 5.31 Cr.

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

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