Destination Hut Private Limited

Foreign currency exchange services since 2016, based in Chandigarh.

2016 | Chandigarh (India) | Active
Last Updated: December 16, 2024

Destination Hut Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 9 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 1.31 M
  • Revenue Growth %
  • Profit Growth 96.04%
  • Ebitda -100.23%
  • Net Worth -51.90%
  • Total Assets -3.19%

About Destination Hut

Destination Hut Private Limited (DHPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 January 2016 (Nine years and one month 6 days old ). Its registered office is in Chandigarh, India.

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 2022. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹1.31 M.

Rakesh and Narindar Katoch serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040CH2016PTC035893

  • Company No.

    035893

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jan 2016

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Destination Hut?

Board Members (2)

NameDesignationAppointment DateStatus
Narindar Katoch Country flag representing In Director 14-Jan-2016Current
Rakesh Country flag representing In Director 14-Jan-2016Current

Financial Performance of Destination Hut.

Destination Hut Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 96.04% increase in profit. The company's net worth observed a substantial decline by a decrease of 51.9%.

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
Revenue from Operations
Total Assets
-3.19%
Profit or Loss
96.04%
Net Worth
-51.90%
EBITDA
-100.23%

What is the Ownership and Shareholding Structure of Destination Hut?

In 2019, Destination Hut 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

₹1.31 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
24 Aug 2020Karnataka Bank Ltd.₹0.21 MOpen
01 Nov 2016Karnataka Bank Ltd.₹1.10 MOpen

How Many Employees Work at Destination Hut?

Unlock and access historical data on people associated with Destination Hut, 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 Destination Hut, 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 Destination Hut'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 Destination Hut

Recent activity within the organization

  • Annual General Meeting

    Destination Hut Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Destination Hut Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.

    31 Mar 2022

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 0.21 M with Charge ID 100397995 was registered on 24 Aug 2020.

    24 Aug 2020

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 1.10 M with Charge ID 100062379 was registered on 01 Nov 2016.

    01 Nov 2016

  • Director Appointment

    Rakesh was appointed as a Director was appointed as a Director on 14 Jan 2016 & has been associated with this company since 9 years 1 month .

    14 Jan 2016

  • Director Appointment

    Narindar Chand Katoch was appointed as a Director was appointed as a Director on 14 Jan 2016 & has been associated with this company since 9 years 1 month .

    14 Jan 2016

Frequently asked questions

  • Destination Hut Private Limited was incorporated on 14 Jan 2016.

  • The authorized share capital of Destination Hut Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Destination Hut Private Limited.

    • Rakesh
    • Narindar Chand Katoch
  • As per Ministry of Corporate Affairs (Mca), the registered address of Destination Hut Private Limited is H.No. 1076 Sector - 42 B India, Chandigarh, 160036.

  • The corporate identification number (CIN) of Destination Hut Private Limited is U63040CH2016PTC035893 and the company number is 035893 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Destination Hut Private Limited has experienced an downturn of -51.90%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Destination Hut Private Limited amount to ₹ 1.31 M.

  • The most recent Balance Sheet for Destination Hut Private Limited was filed with the ROC on 31 Mar 2022.