Daspalla Resorts Private Limited

Manages 4-star hotels and restaurants in Andhra Pradesh and Telangana, established in 1995.

1995 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: January 16, 2025

Daspalla Resorts Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.36 Cr
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 22.65 Cr
  • Satisfied Charges ₹ 42.91 Cr
  • Revenue Growth 14.13%
  • Profit Growth -28.88%
  • Ebitda -2.26%
  • Net Worth 4.58%
  • Total Assets 4.02%

About Daspalla Resorts

Daspalla Resorts Private Limited (DRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 October 1995 and has a history of 29 years and four months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Corporate was formerly known as Daspalla Resports 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 1.50 Cr and a paid-up capital of Rs 1.36 Cr.

The company currently has active open charges totaling ₹22.65 Cr. The company has closed loans amounting to ₹42.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Radha Koratala, Raghavendra Mandava, Venkatarao Mandava, and Four 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

    U55101AP1995PTC021923

  • Company No.

    021923

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 1995

  • Date of AGM

    09 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Travel and Hospitality

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

Board Members (7)

NameDesignationAppointment DateStatus
Venkata Gannamaneni Country flag representing In Director 23-Sep-2017Current
Radha Koratala Country flag representing In Director 06-Oct-1995Current
Raghavendra Mandava Country flag representing In Director 06-Oct-1995Current
Venkatarao Mandava Country flag representing In Whole-Time Director 23-Feb-2002Current
Narendra Mandava Country flag representing In Director 28-Sep-1996Current
Veera Bandi Country flag representing In Whole-Time Director 08-Dec-2006Current

Financial Performance of Daspalla Resorts.

Daspalla Resorts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.13% increase. The company also saw a substantial fall in profitability, with a 28.88% decrease in profit. The company's net worth moved up by a moderate rise of 4.58%.

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
14.13%
Revenue from Operations
15.18%
Total Assets
4.02%
Profit or Loss
-28.88%
Net Worth
4.58%
EBITDA
-2.26%

What is the Ownership and Shareholding Structure of Daspalla Resorts?

In 2023, Daspalla Resorts had a public holding of 58.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.65 Cr

Satisfied Charges

₹42.91 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.75 Cr
  • Andhra Bank : 8.40 Cr
  • The Andhra Pradesh State Financial Corporation : 0.69 Cr
  • Punjab National Bank : 0.57 Cr
  • Bank Of India : 0.17 Cr
  • Others : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2019Hdfc Bank Limited₹12.75 CrOpen
27 May 2010Andhra Bank₹1.50 CrOpen
17 Dec 2009Andhra Bank₹6.20 CrOpen
24 Sep 2007The Karur Vysya Bank Limited₹0.75 MOpen
19 Jan 2007The Andhra Pradesh State Financial Corporation₹5.00 MOpen

How Many Employees Work at Daspalla Resorts?

Daspalla Resorts has a workforce of 226 employees as of Apr 09, 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 Resorts, 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 Resorts'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 Resorts

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2023

  • Charges

    A charge registered on 25 Jul 2008 via Charge ID 10121623 with Apsfc And Sidbi was fully satisfied on 02 Apr 2019.

    02 Apr 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.75 Cr with Charge ID 100258245 was registered on 28 Mar 2019.

    28 Mar 2019

  • Charges

    A charge registered on 27 Mar 2010 via Charge ID 10211738 with Apsfc was fully satisfied on 22 Feb 2019.

    22 Feb 2019

  • Charges

    A charge registered on 11 Sep 2008 via Charge ID 10174287 with Andhra Pradesh State Financial Corporation was fully satisfied on 22 Feb 2019.

    22 Feb 2019

Frequently asked questions

  • Daspalla Resorts Private Limited was incorporated on 06 Oct 1995.

  • The authorized share capital of Daspalla Resorts Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.36 Cr.

  • Currently 7 directors are associated with Daspalla Resorts Private Limited.

    • Radha Krishna Koratala
    • Raghavendra Rao Mandava
    • Venkatarao Mandava
    • Narendra Mandava
    • Veera Nataraj Bandi
    • Sarath Babu Jasthi
    • Venkata Krishna Gannamaneni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Daspalla Resorts Private Limited is D.No.28-2-48 Suryabagh, Visakhapatnam. India, Andhra Pradesh, 530020.

  • The corporate identification number (CIN) of Daspalla Resorts Private Limited is U55101AP1995PTC021923 and the company number is 021923 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Daspalla Resorts Private Limited has risen by 14.13%.

  • As Per 2023 financial reports, 226 employees are currently employed by Daspalla Resorts Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Daspalla Resorts Private Limited has experienced an upsurge of 4.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Daspalla Resorts Private Limited amount to ₹ 22.65 Cr.

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

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