Garden Palace Hotels And Resorts Private Limited

Luxury hotel company with registered office in Jharsuguda, Orissa.

2008 | Jharsuguda, Orissa (India) | Active
Last Updated: July 04, 2024

Garden Palace Hotels And Resorts Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.94 Cr
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.22 Cr
  • Revenue Growth 37.02%
  • Profit Growth 0.30%
  • Ebitda 1.82%
  • Net Worth 5.60%
  • Total Assets -4.07%

About Garden Palace Hotels And Resorts

Garden Palace Hotels And Resorts Private Limited (GPHARPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 April 2008 and has a history of 16 years and nine months. Its registered office is in Jharsuguda, Orissa, 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 2.00 Cr and a paid-up capital of Rs 1.94 Cr.

The company currently has active open charges totaling ₹39.22 Cr.

Shibani Palit, Ashis Palit, and Atoshi Palit serve as directors at the Company.

Company Details

  • Location

    Jharsuguda, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101OR2008PTC009940

  • Company No.

    009940

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Travel and Hospitality

Who are the key members and board of directors at Garden Palace Hotels And Resorts?

Executive Team (1)

Name Designation Appointment Date Status
Ashis Palit Country flag representing In Managing Director 15-Apr-2008 Current

Board Members (2)

Name Designation Appointment Date Status
Shibani Palit Country flag representing In Director 15-Apr-2008 Current
Atoshi Palit Country flag representing In Director 30-Sep-2016 Current

Financial Performance of Garden Palace Hotels And Resorts.

Garden Palace Hotels And Resorts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.02% increase. The company also saw a slight improvement in profitability, with a 0.3% increase in profit. The company's net worth moved up by a moderate rise of 5.6%.

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
37.02%
Revenue from Operations
36.42%
Total Assets
-4.07%
Profit or Loss
0.30%
Net Worth
5.60%
EBITDA
1.82%

What is the Ownership and Shareholding Structure of Garden Palace Hotels And Resorts?

In 2023, Garden Palace Hotels And Resorts had a promoter holding of 58.80% and a public holding of 41.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.22 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 34.58 Cr
  • Stae Bank Of India : 4.50 Cr
  • Axis Bank Limited : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
18 Sep 2023 State Bank Of India ₹29.89 Cr Open
29 Sep 2010 Stae Bank Of India ₹4.50 Cr Open
09 Oct 2009 Axis Bank Limited ₹0.75 M Open
22 Aug 2009 Axis Bank Limited ₹0.65 M Open
06 Mar 2009 State Bank Of India ₹4.69 Cr Open

How Many Employees Work at Garden Palace Hotels And Resorts?

Garden Palace Hotels And Resorts has a workforce of 83 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garden Palace Hotels And 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 Garden Palace Hotels And 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 Garden Palace Hotels And Resorts

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 29.89 Cr registered on 18 Sep 2023 with Charge ID 100793132 was modified on 03 Feb 2024.

    03 Feb 2024

  • Annual General Meeting

    Garden Palace Hotels And Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 29.89 Cr with Charge ID 100793132 was registered on 18 Sep 2023.

    18 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 4.69 Cr registered on 06 Mar 2009 with Charge ID 10230094 was modified on 15 Apr 2023.

    15 Apr 2023

  • Balance Sheet

    Garden Palace Hotels And Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Director Appointment

    Atoshi Palit was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 4 months .

    30 Sep 2016

Frequently asked questions

  • Garden Palace Hotels And Resorts Private Limited was incorporated on 15 Apr 2008.

  • The authorized share capital of Garden Palace Hotels And Resorts Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.94 Cr.

  • Currently 3 directors are associated with Garden Palace Hotels And Resorts Private Limited.

    • Shibani Palit
    • Ashis Palit
    • Atoshi Palit
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garden Palace Hotels And Resorts Private Limited is By Pass Road At /Po : Ekatali, Jharsuguda, Orissa, India, 768202.

  • The corporate identification number (CIN) of Garden Palace Hotels And Resorts Private Limited is U55101OR2008PTC009940 and the company number is 009940 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garden Palace Hotels And Resorts Private Limited is https://www.gardenpalace.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garden Palace Hotels And Resorts Private Limited has risen by 37.02%.

  • As Per 2023 financial reports, 83 employees are currently employed by Garden Palace Hotels And Resorts Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garden Palace Hotels And Resorts Private Limited has experienced an upsurge of 5.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Garden Palace Hotels And Resorts Private Limited amount to ₹ 39.22 Cr.

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