Daspalla Global Hotels Private Limited

Company operates multi-cuisine restaurants and offers catering and banquet services in Visakhapatnam.

1977 | Andhra Pradesh, Andhra Pradesh (India) | Active
Last Updated: June 18, 2024

Daspalla Global Hotels Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 1.51 Cr
  • Company Age 47 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.08 Cr
  • Satisfied Charges ₹ 4.61 Cr
  • Revenue Growth 21.20%
  • Profit Growth 19.00%
  • Ebitda -21.83%
  • Net Worth 3.23%
  • Total Assets 3.32%

About Daspalla Global Hotels

Daspalla Global Hotels Private Limited (DGHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 August 1977 and has a history of 47 years and six months. Its registered office is in Andhra Pradesh, Andhra Pradesh, India.

The Corporate was formerly known as Global Sea Foods And Hotels Limited. 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 4.50 Cr and a paid-up capital of Rs 1.51 Cr.

The company currently has active open charges totaling ₹5.08 Cr. The company has closed loans amounting to ₹4.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkata Gannamaneni, Saibabu Paturi, Gopinadh Koratala, and Five other members serve as directors at the Company.

Company Details

  • Location

    Andhra Pradesh, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U05005AP1977PTC002194

  • Company No.

    002194

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 1977

  • Date of AGM

    09 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Travel and Hospitality
Events and Entertainment

Who are the key members and board of directors at Daspalla Global Hotels?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkatarao Mandava Country flag representing In Managing Director26-Aug-1988Current

Board Members (7)

NameDesignationAppointment DateStatus
Venkata Gannamaneni Country flag representing In Director 23-Sep-2017Current
Rambabu Kommareddy Country flag representing In Director 19-Sep-2001Current
Saibabu Paturi Country flag representing In Director 19-Sep-1998Current
Gopinadh Koratala Country flag representing In Director 29-Mar-1998Current
Narendra Mandava Country flag representing In Additional Director 22-Aug-2009Current
Raghavendra Mandava Country flag representing In Director 19-Oct-1997Current

Financial Performance of Daspalla Global Hotels.

Daspalla Global Hotels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.2% increase. The company also saw a substantial improvement in profitability, with a 19% increase in profit. The company's net worth moved up by a moderate rise of 3.23%.

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
21.20%
Revenue from Operations
20.55%
Total Assets
3.32%
Profit or Loss
19.00%
Net Worth
3.23%
EBITDA
-21.83%

What is the Ownership and Shareholding Structure of Daspalla Global Hotels?

In 2023, Daspalla Global Hotels had a promoter holding of 48.98% and a public holding of 51.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.08 Cr

Satisfied Charges

₹4.61 Cr

Charges Breakdown by Lending Institutions

  • Andhra Bank : 3.85 Cr
  • State Bank Of India : 0.90 Cr
  • State Bank Of Hyderabad : 0.20 Cr
  • Andhra Pradesh State Financial Corporation : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
05 Oct 2001Andhra Bank₹3.85 CrOpen
12 Jun 2000State Bank Of India₹9.00 MOpen
15 Jul 1983State Bank Of Hyderabad₹2.00 MOpen
06 Dec 1978Andhra Pradesh State Financial Corporation₹1.25 MOpen
01 Nov 2010Andhra Bank₹5.00 MSatisfied

How Many Employees Work at Daspalla Global Hotels?

Daspalla Global Hotels has a workforce of 60 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 Daspalla Global 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 Daspalla Global 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 Daspalla Global Hotels

Recent activity within the organization

  • Annual General Meeting

    Daspalla Global Hotels Private Limited last Annual general meeting of members was held on 09 Sep 2023 as per latest MCA records.

    09 Sep 2023

  • Balance Sheet

    Daspalla Global Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Venkata Krishna Gannamaneni was appointed as a Director was appointed as a Director on 23 Sep 2017 & has been associated with this company since 7 years 4 months .

    23 Sep 2017

  • Charges

    A charge registered on 01 Nov 2010 via Charge ID 10251795 with Andhra Bank was fully satisfied on 28 Nov 2013.

    28 Nov 2013

  • Charges

    A charge registered on 15 May 2010 via Charge ID 10223763 with Andhra Bank was fully satisfied on 28 Nov 2013.

    28 Nov 2013

  • Charges

    A charge registered on 29 Sep 2009 via Charge ID 10177047 with Andhra Pradesh State Financial Corporation was fully satisfied on 16 Nov 2012.

    16 Nov 2012

Frequently asked questions

  • Daspalla Global Hotels Private Limited was incorporated on 06 Aug 1977.

  • The authorized share capital of Daspalla Global Hotels Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 1.51 Cr.

  • Currently 8 directors are associated with Daspalla Global Hotels Private Limited.

    • Venkata Krishna Gannamaneni
    • Saibabu Paturi
    • Gopinadh Koratala
    • Narendra Mandava
    • Venkatarao Mandava
    • Raghavendra Rao Mandava
    • Rambabu Kommareddy
    • Sarath Babu Jasthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Daspalla Global Hotels Private Limited is 28-2-48 Daspalla Complexsuryabagh Vizag - 530020, Andhra Pradesh, India.

  • The corporate identification number (CIN) of Daspalla Global Hotels Private Limited is U05005AP1977PTC002194 and the company number is 002194 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Daspalla Global Hotels Private Limited has risen by 21.20%.

  • As Per 2023 financial reports, 60 employees are currently employed by Daspalla Global Hotels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Daspalla Global Hotels Private Limited has experienced an upsurge of 3.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Daspalla Global Hotels Private Limited amount to ₹ 5.08 Cr.

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

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