Grand Luxe Hotels Limited

Provides accommodation, dining, and catering services through a resort and two hotels in India.

2005 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Grand Luxe Hotels Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 80.00 Cr
  • Company Age 19 Year, 8 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 eight 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

Travel and Hospitality
Company report

Grand Luxe Hotels Limited

Explore comprehensive data for Grand Luxe Hotels Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Grand Luxe Hotels?

Executive Team (2)

NameDesignationAppointment DateStatus
Ramamoorthy Murugesan Country flag representing In Company Secretary10-Mar-2017Current
Ariyakumar Aravindakandan CFOCurrent

Board Members (5)

NameDesignationAppointment DateStatus
Chakkolath Ramachandran Country flag representing In Director 19-Sep-2005Current
Rukmini Thiagarajan Country flag representing In Director 20-Oct-2010Current
Kadher Kasim Country flag representing In Director 31-Dec-2014Current
Ammoor Radhakrishnan Country flag representing In Director 20-Sep-2019Current
Balu Balaguru Country flag representing In 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%.

Grand Luxe Hotels revenue growth over time
Grand Luxe Hotels 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
50.07%
Revenue from Operations
65.46%
Total Assets
-0.46%
Profit or Loss
560.43%
Net Worth
22.19%
EBITDA
151.00%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹567.52 Cr

Satisfied Charges

₹328.91 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 567.52 Cr

Latest Charge Details

DateLenderAmountStatus
25 Apr 2020Canara Bank₹75.00 CrOpen
24 Oct 2019Canara Bank₹492.52 CrOpen
27 Aug 2012Bermaco Energy Systems Limited₹45.00 CrSatisfied
21 Apr 2011Il&Fs Financial Services Limited₹18.00 CrSatisfied
28 Apr 2010State Bank Of Mysore₹20.00 CrSatisfied

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.

Employee growth trends for Grand Luxe Hotels Limited

Deals i

Graph showing company valuation over time

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

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 Grand Luxe Hotels

Recent activity within the organization

  • Annual General Meeting

    Grand Luxe Hotels Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Grand Luxe Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Canara Bank of Rs. 492.52 Cr registered on 24 Oct 2019 with Charge ID 100306304 was modified on 06 Sep 2022.

  • Charges

    A charge with Canara Bank of Rs. 75.00 Cr registered on 25 Apr 2020 with Charge ID 100335136 was modified on 03 Aug 2022.

  • Charges

    A charge with Canara Bank amounted to Rs. 75.00 Cr with Charge ID 100335136 was registered on 25 Apr 2020.

  • Charges

    A charge with Canara Bank amounted to Rs. 492.52 Cr with Charge ID 100306304 was registered on 24 Oct 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Grand Luxe Hotels Limited?

    Grand Luxe Hotels Limited was incorporated on 19 Sep 2005.

  • What is authorized share capital and paid-up capital of Grand Luxe Hotels Limited?

    The authorized share capital of Grand Luxe Hotels Limited is ₹ 80.00 Cr and paid-up capital is ₹ 80.00 Cr.

  • Who are the current board members & directors of Grand Luxe Hotels Limited?

    Currently 7 directors are associated with Grand Luxe Hotels Limited.

    • Chakkolath Ramachandran
    • Rukmini Thiagarajan
    • Kadher Mohideen Kasim
    • Ammoor Periyan Radhakrishnan
    • Balu Balaguru
    • Ramamoorthy Murugesan
    • Ariyakumar Aravindakandan

  • What is the registered address of Grand Luxe Hotels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Grand Luxe Hotels Limited is Onepallavaram-Thoraipakkam200Ftroad, Tho Raipakkam India, Chennai, Tamil Nadu, 600097.

  • What is the corporate identification number (CIN) and company number of Grand Luxe Hotels Limited?

    The corporate identification number (CIN) of Grand Luxe Hotels Limited is U70101TN2005PLC057540 and the company number is 057540 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Grand Luxe Hotels Limited?

    The Official website of Grand Luxe Hotels Limited is https://www.heritagemadurai.com

  • What has been the recent revenue trend for Grand Luxe Hotels Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Grand Luxe Hotels Limited has risen by 50.07%.

  • How many employees does Grand Luxe Hotels Limited currently have?

    As Per 2023 financial reports, 112 employees are currently employed by Grand Luxe Hotels Limited.

  • What change has been observed in the net worth of Grand Luxe Hotels Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Grand Luxe Hotels Limited has experienced an upsurge of 22.19%.

  • What are the total open charges for Grand Luxe Hotels Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Grand Luxe Hotels Limited amount to ₹ 567.52 Cr.

  • When was the last Balance Sheet of Grand Luxe Hotels Limited filed with the ROC?

    The most recent Balance Sheet for Grand Luxe Hotels Limited was filed with the ROC on 31 Mar 2023.

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