Grand Luxe Hotels Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
- Paid Up Capital ₹ 80.00 Cr
- Company Age 19 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 567.52 Cr
- Satisfied Charges ₹ 328.91 Cr
- Revenue Growth 50.07%
- Profit Growth 560.43%
- Ebitda 151.00%
- Net Worth 22.19%
- Total Assets -0.46%
About Grand Luxe Hotels
Grand Luxe Hotels Limited (GLHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 September 2005 and has a history of 19 years and five months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as Etl Hospitality Services 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 80.00 Cr and a paid-up capital of Rs 80.00 Cr.
The company currently has active open charges totaling ₹567.52 Cr. The company has closed loans amounting to ₹328.91 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Grand Luxe Hotels Limited India are Ramamoorthy Murugesan as COMPANY SECRETARY and Ariyakumar Aravindakandan as Cfo. Chakkolath Ramachandran, Rukmini Thiagarajan, Kadher Kasim, and Two other members serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70101TN2005PLC057540
- Company No.
057540
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Sep 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Grand Luxe Hotels?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramamoorthy Murugesan  | Company Secretary | 10-Mar-2017 | Current |
| Ariyakumar Aravindakandan | CFO | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chakkolath Ramachandran | Director | 19-Sep-2005 | Current |
| Rukmini Thiagarajan | Director | 20-Oct-2010 | Current |
| Kadher Kasim | Director | 31-Dec-2014 | Current |
| Ammoor Radhakrishnan | Director | 20-Sep-2019 | Current |
| Balu Balaguru | Whole-Time Director | Current |
Financial Performance of Grand Luxe Hotels.
Grand Luxe Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.07% increase. The company also saw a substantial improvement in profitability, with a 560.43% increase in profit. The company's net worth Soared by an impressive increase of 22.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Grand Luxe Hotels?
In 2023, Grand Luxe Hotels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ig3 Infra LimitedChakkolath Ramachandran, Rukmini Thiagarajan and 2 more are mutual person
Elnet Technologies LimitedChakkolath Ramachandran, Kadher Kasim and 1 more are mutual person
Dewa Properties LimitedChakkolath Ramachandran is a mutual person
- Vettaikkorumagan Agri Service Private Limited
Rukmini Thiagarajan is a mutual person
- Magna Foods And Proteins Private Ltd
Rukmini Thiagarajan is a mutual person
Charges (Loans)
₹567.52 Cr
₹328.91 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 567.52 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2020 | Canara Bank | ₹75.00 Cr | Open |
| 24 Oct 2019 | Canara Bank | ₹492.52 Cr | Open |
| 27 Aug 2012 | Bermaco Energy Systems Limited | ₹45.00 Cr | Satisfied |
| 21 Apr 2011 | Il&Fs Financial Services Limited | ₹18.00 Cr | Satisfied |
| 28 Apr 2010 | State Bank Of Mysore | ₹20.00 Cr | Satisfied |
How Many Employees Work at Grand Luxe Hotels?
Grand Luxe Hotels has a workforce of 112 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Grand Luxe 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 Grand Luxe 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.
