Drive In 24 Hotel & Resto Private Limited

Hotel company with 46 rooms, 4 restaurants, and banquet hall services.

2008 | Moradabad, Uttar Pradesh (India) | Active
Last Updated: July 29, 2024

Drive In 24 Hotel & Resto Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.90 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 44.10 Cr
  • Satisfied Charges ₹ 8.60 Cr
  • Revenue Growth 44.65%
  • Profit Growth 690.09%
  • Ebitda 19.12%
  • Net Worth 4.78%
  • Total Assets 15.11%

About Drive In 24 Hotel & Resto

Drive In 24 Hotel & Resto Private Limited (DI2HRPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 July 2008 and has a history of 16 years and seven months. Its registered office is in Moradabad, Uttar Pradesh, India.

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 3.00 Cr and a paid-up capital of Rs 1.90 Cr.

The company currently has active open charges totaling ₹44.10 Cr. The company has closed loans amounting to ₹8.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bandana Chadha, Inderjeet Chadha, Gursangat Chadha, and One other member serve as directors at the Company.

Company Details

  • Location

    Moradabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    drivein24hotel.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101UP2008PTC035682

  • Company No.

    035682

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 2008

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Travel and Hospitality

Who are the key members and board of directors at Drive In 24 Hotel & Resto?

Board Members (4)

NameDesignationAppointment DateStatus
Bandana Chadha Country flag representing In Director 15-Jul-2008Current
Inderjeet Chadha Country flag representing In Director 15-Jul-2008Current
Gursangat Chadha Country flag representing In Director 04-Aug-2010Current
Jai Chadha Country flag representing In Director 24-Jan-2017Current

Financial Performance of Drive In 24 Hotel & Resto.

Drive In 24 Hotel & Resto Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.65% increase. The company also saw a substantial improvement in profitability, with a 690.09% increase in profit. The company's net worth moved up by a moderate rise of 4.78%.

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
44.65%
Revenue from Operations
44.55%
Total Assets
15.11%
Profit or Loss
690.09%
Net Worth
4.78%
EBITDA
19.12%

What is the Ownership and Shareholding Structure of Drive In 24 Hotel & Resto?

In 2023, Drive In 24 Hotel & Resto 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

₹44.10 Cr

Satisfied Charges

₹8.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 43.75 Cr
  • Axis Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2021Axis Bank Limited₹3.50 MOpen
06 Mar 2021Others₹43.75 CrOpen
04 Sep 2008State Bank Of India₹4.00 CrSatisfied
21 Aug 2008State Bank Of India₹4.60 CrSatisfied

How Many Employees Work at Drive In 24 Hotel & Resto?

Unlock and access historical data on people associated with Drive In 24 Hotel & Resto, 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 Drive In 24 Hotel & Resto, 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 Drive In 24 Hotel & Resto'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 Drive In 24 Hotel & Resto

Recent activity within the organization

  • Annual General Meeting

    Drive In 24 Hotel & Resto Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Drive In 24 Hotel & Resto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 43.75 Cr registered on 06 Mar 2021 with Charge ID 100439941 was modified on 25 Feb 2022.

    25 Feb 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100469491 was registered on 28 Jun 2021.

    28 Jun 2021

  • Charges

    A charge with Others amounted to Rs. 43.75 Cr with Charge ID 100439941 was registered on 06 Mar 2021.

    06 Mar 2021

  • Charges

    A charge registered on 04 Sep 2008 via Charge ID 10124559 with State Bank Of India was fully satisfied on 05 Mar 2018.

    05 Mar 2018

Frequently asked questions

  • Drive In 24 Hotel & Resto Private Limited was incorporated on 15 Jul 2008.

  • The authorized share capital of Drive In 24 Hotel & Resto Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.90 Cr.

  • Currently 4 directors are associated with Drive In 24 Hotel & Resto Private Limited.

    • Bandana Chadha
    • Inderjeet Singh Chadha
    • Gursangat Singh Chadha
    • Jai Angad Chadha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Drive In 24 Hotel & Resto Private Limited is Compound Chadha Palace, Moradabad, Uttar Pradesh, India, 244001.

  • The corporate identification number (CIN) of Drive In 24 Hotel & Resto Private Limited is U55101UP2008PTC035682 and the company number is 035682 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Drive In 24 Hotel & Resto Private Limited is https://www.drivein24hotel.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Drive In 24 Hotel & Resto Private Limited has risen by 44.65%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Drive In 24 Hotel & Resto Private Limited has experienced an upsurge of 4.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Drive In 24 Hotel & Resto Private Limited amount to ₹ 44.10 Cr.

  • The most recent Balance Sheet for Drive In 24 Hotel & Resto Private Limited was filed with the ROC on 31 Mar 2023.

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