Express Resorts And Hotels Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 5.01 Cr
- Company Age 29 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 50.00 Cr
- Satisfied Charges ₹ 17.66 Cr
- Revenue Growth -14.43%
- Profit Growth -732.35%
- Ebitda -1014.07%
- Net Worth -5.54%
- Total Assets -8.23%
About Express Resorts And Hotels
Express Resorts And Hotels Limited (ERAHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 February 1996 and has a history of 29 years and three months. Its registered office is in Vadodara, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 5.01 Cr.
The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹17.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Express Resorts And Hotels Limited India is Priti Pola as COMPANY SECRETARY. Nirav Gandhi, Ashwin Gandhi, and Hiren Gandhi serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55101GJ1996PLC028851
- Company No.
028851
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Feb 1996
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Travel and Hospitality
Express Resorts And Hotels Limited
Explore comprehensive data for Express Resorts And Hotels Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Express Resorts And Hotels?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nirav Gandhi  | Managing Director | 09-Jul-1997 | Current |
| Priti Pola | Company Secretary | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hiren Gandhi | Whole-Time Director | 28-Jun-2003 | Current |
| Ashwin Gandhi | Director | 17-Feb-1996 | Current |
Financial Performance of Express Resorts And Hotels.
Express Resorts And Hotels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.43% decrease. The company also saw a substantial fall in profitability, with a 732.35% decrease in profit. The company's net worth dipped by a decrease of 5.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Express Resorts And Hotels?
In 2023, Express Resorts And Hotels had a promoter holding of 19.68% and a public holding of 80.32%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Hotel And Restaurant Association (Western India)Nirav Gandhi is a mutual person
The Federation Of Hotel And Restaurant Associations Of IndiaNirav Gandhi is a mutual person
Express Equipment Rental & Logistics Private LimitedAshwin Gandhi is a mutual person
Express Engineering Construction Private LimitedNirav Gandhi, Ashwin Gandhi and 1 more are mutual person
Urban Pod Private LimitedHiren Gandhi is a mutual person
Crane Owners Association Of IndiaAshwin Gandhi is a mutual person
Charges (Loans)
Open Charges
₹50.00 Cr
Satisfied Charges
₹17.66 Cr
Charges Breakdown by Lending Institutions
- Others : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2020 | Others | ₹50.00 Cr | Open |
| 12 Aug 2020 | Axis Bank Limited | ₹10.00 Cr | Satisfied |
| 28 Apr 2005 | Tourism Finance Corporation Of India Limited | ₹5.60 Cr | Satisfied |
| 24 Jun 2003 | Indian Overseas Bank | ₹1.90 Cr | Satisfied |
| 27 Mar 1998 | Indian Renewable Energy Development Agency Limited | ₹1.58 M | Satisfied |
How Many Employees Work at Express Resorts And Hotels?
Express Resorts And Hotels has a workforce of 46 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Express Resorts And 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 Express Resorts And Hotels's trajectory.
Rating
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
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 Express Resorts And Hotels
Recent activity within the organization
- Annual General Meeting
Express Resorts And Hotels Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Express Resorts And Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 12 Aug 2020 via Charge ID 100368670 with Axis Bank Limited was fully satisfied on 07 Jan 2021.
- Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100401679 was registered on 15 Dec 2020.
- Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100368670 was registered on 12 Aug 2020.
- Charges
A charge registered on 28 Apr 2005 via Charge ID 90113230 with Tourism Finance Corporation Of India Limited was fully satisfied on 29 Dec 2011.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Express Resorts And Hotels Limited?
Express Resorts And Hotels Limited was incorporated on 16 Feb 1996.
What is authorized share capital and paid-up capital of Express Resorts And Hotels Limited?
The authorized share capital of Express Resorts And Hotels Limited is ₹ 8.00 Cr and paid-up capital is ₹ 5.01 Cr.
Who are the current board members & directors of Express Resorts And Hotels Limited?
Currently 4 directors are associated with Express Resorts And Hotels Limited.
- Nirav Vinod Gandhi
- Ashwin Ramanlal Gandhi
- Hiren Ashwin Gandhi
- Priti Mayankkumar Pola
What is the registered address of Express Resorts And Hotels Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Express Resorts And Hotels Limited is Express Hotel Building R.C. Dutt Road, India, Baroda, Gujarat, 390007.
What is the corporate identification number (CIN) and company number of Express Resorts And Hotels Limited?
The corporate identification number (CIN) of Express Resorts And Hotels Limited is U55101GJ1996PLC028851 and the company number is 028851 as per Ministry of Corporate Affairs (MCA).
What is the official website of Express Resorts And Hotels Limited?
The Official website of Express Resorts And Hotels Limited is https://www.expressworld.com
What has been the recent revenue trend for Express Resorts And Hotels Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Express Resorts And Hotels Limited has fallen by -14.43%.
How many employees does Express Resorts And Hotels Limited currently have?
As Per 2023 financial reports, 46 employees are currently employed by Express Resorts And Hotels Limited.
What change has been observed in the net worth of Express Resorts And Hotels Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Express Resorts And Hotels Limited has experienced an downturn of -5.54%.
What are the total open charges for Express Resorts And Hotels Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Express Resorts And Hotels Limited amount to ₹ 50.00 Cr.
When was the last Balance Sheet of Express Resorts And Hotels Limited filed with the ROC?
The most recent Balance Sheet for Express Resorts And Hotels Limited was filed with the ROC on 31 Mar 2024.
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