Daspalla Hotels Private Limited

Operates a 4-star hotel with 125 rooms and suites, offering online booking services.

1981 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Daspalla Hotels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.82 Cr
  • Company Age 44 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.36 Cr
  • Satisfied Charges ₹ 26.80 Cr
  • Revenue Growth 38.70%
  • Profit Growth 38.11%
  • Ebitda 36.73%
  • Net Worth 15.31%
  • Total Assets 16.77%

About Daspalla Hotels

Daspalla Hotels Private Limited (DHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 February 1981 and has a history of 44 years. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Corporate was formerly known as Daspalla 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 1.82 Cr.

The company currently has active open charges totaling ₹3.36 Cr. The company has closed loans amounting to ₹26.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narendra Mandava, Venkata Gannamaneni, Deobhanj Jaideep, and Six other members serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    daspallahotels.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101AP1981PTC002930

  • Company No.

    002930

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Feb 1981

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Travel and Hospitality

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

Executive Team (2)

NameDesignationAppointment DateStatus
Venkata Gannamaneni Country flag representing In Managing Director04-Jun-2016Current
Raghavendra Mandava Country flag representing In Managing Director26-Jul-1982Current

Board Members (7)

NameDesignationAppointment DateStatus
Narendra Mandava Country flag representing In Director 23-Sep-2017Current
Deobhanj Jaideep Director 21-Sep-2024Current
Digvijay Bhanj Country flag representing In Director 01-Sep-1984Current
Sarath Jasthi Country flag representing In Director 19-Sep-1998Current
Veera Bandi Country flag representing In Director 19-Sep-1998Current
Venkatarao Mandava Country flag representing In Director 26-Aug-1988Current

Financial Performance of Daspalla Hotels.

Daspalla Hotels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.7% increase. The company also saw a substantial improvement in profitability, with a 38.11% increase in profit. The company's net worth Soared by an impressive increase of 15.31%.

Daspalla Hotels revenue growth over time
Daspalla Hotels 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
38.70%
Revenue from Operations
39.13%
Total Assets
16.77%
Profit or Loss
38.11%
Net Worth
15.31%
EBITDA
36.73%

What is the Ownership and Shareholding Structure of Daspalla Hotels?

In 2023, Daspalla Hotels had a promoter holding of 65.75% and a public holding of 34.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.36 Cr

Satisfied Charges

₹26.80 Cr

Charges Breakdown by Lending Institutions

  • Andhra Bank : 1.50 Cr
  • Others : 0.76 Cr
  • A. P. State Financial Corpn. : 0.50 Cr
  • Andhra Pradesh State Financial Corpn. : 0.30 Cr
  • Andhra Pradesh Industrial Development Corpn. Ltd. : 0.18 Cr
  • Others : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
18 Aug 2023Others₹4.00 MOpen
09 Aug 2023Others₹2.50 MOpen
14 Oct 2022Others₹1.05 MOpen
11 Oct 2004Andhra Bank₹1.00 CrOpen
24 Nov 2003A. P. State Financial Corpn.₹5.00 MOpen

How Many Employees Work at Daspalla Hotels?

Daspalla Hotels has a workforce of 275 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.

Employee growth trends for Daspalla Hotels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Daspalla 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 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 Hotels

Recent activity within the organization

  • Annual General Meeting

    Daspalla Hotels Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

  • Director Appointment

    Deobhanj Chandra Jaideep was appointed as a Director was appointed as a Director on 21 Sep 2024 & has been associated with this company since 5 months 10 days .

  • Balance Sheet

    Daspalla Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Charges

    A charge registered on 13 Mar 2004 via Charge ID 90139440 with Andhra Bank was fully satisfied on 28 Aug 2023.

  • Charges

    A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100773997 was registered on 18 Aug 2023.

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100774307 was registered on 09 Aug 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Daspalla Hotels Private Limited?

    Daspalla Hotels Private Limited was incorporated on 21 Feb 1981.

  • What is authorized share capital and paid-up capital of Daspalla Hotels Private Limited?

    The authorized share capital of Daspalla Hotels Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.82 Cr.

  • Who are the current board members & directors of Daspalla Hotels Private Limited?

    Currently 9 directors are associated with Daspalla Hotels Private Limited.

    • Narendra Mandava
    • Venkata Krishna Gannamaneni
    • Deobhanj Chandra Jaideep
    • Digvijay Chandra Deo Bhanj
    • Sarath Babu Jasthi
    • Veera Nataraj Bandi
    • Venkatarao Mandava
    • Raghavendra Rao Mandava
    • Prabha Deo Bhanj

  • What is the registered address of Daspalla Hotels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Daspalla Hotels Private Limited is 28-2-48Suryabagh Visakhapatnam India, Andhra Pradesh, 530020.

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

    The corporate identification number (CIN) of Daspalla Hotels Private Limited is U55101AP1981PTC002930 and the company number is 002930 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Daspalla Hotels Private Limited?

    The Official website of Daspalla Hotels Private Limited is https://www.daspallahotels.com

  • What has been the recent revenue trend for Daspalla Hotels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Daspalla Hotels Private Limited has risen by 38.70%.

  • How many employees does Daspalla Hotels Private Limited currently have?

    As Per 2023 financial reports, 275 employees are currently employed by Daspalla Hotels Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Daspalla Hotels Private Limited has experienced an upsurge of 15.31%.

  • What are the total open charges for Daspalla Hotels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Daspalla Hotels Private Limited amount to ₹ 3.36 Cr.

  • When was the last Balance Sheet of Daspalla Hotels Private Limited filed with the ROC?

    The most recent Balance Sheet for Daspalla Hotels Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Hotel & Accommodation Services