Hegde Hotels (India) Pvt Ltd

Hospitality services including hotels, restaurants, cafes, bars, and lodging.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Hegde Hotels (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 1.14 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.29 M
  • Satisfied Charges ₹ 15.54 Cr
  • Revenue Growth 89.72%
  • Profit Growth 166.49%
  • Ebitda 280.04%
  • Net Worth 115.68%
  • Total Assets 134.06%

About Hegde Hotels (India)

Hegde Hotels (India) Pvt Ltd (HHIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 March 1992 and has a history of 32 years and 11 months. Its registered office is in Mumbai, Maharashtra, 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 3.50 Cr and a paid-up capital of Rs 1.14 Cr.

The company currently has active open charges totaling ₹1.29 M. The company has closed loans amounting to ₹15.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rohan Hegde and Sudhakar Hegde serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tungahotels.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55200MH1992PTC065929

  • Company No.

    065929

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Hegde Hotels (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Sudhakar Hegde Country flag representing In Managing Director16-Mar-1992Current

Board Members (1)

NameDesignationAppointment DateStatus
Rohan Hegde Country flag representing In Director 06-Jan-2001Current

Financial Performance of Hegde Hotels (India).

Hegde Hotels (India) Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 89.72% increase. The company also saw a substantial improvement in profitability, with a 166.49% increase in profit. The company's net worth Soared by an impressive increase of 115.68%.

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
89.72%
Revenue from Operations
99.49%
Total Assets
134.06%
Profit or Loss
166.49%
Net Worth
115.68%
EBITDA
280.04%

What is the Ownership and Shareholding Structure of Hegde Hotels (India)?

In 2023, Hegde Hotels (India) 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

₹0.13 Cr

Satisfied Charges

₹15.54 Cr

Charges Breakdown by Lending Institutions

  • The Vysya Bankltd. : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2000The Vysya Bankltd.₹1.29 MOpen
20 Dec 2013Standard Chartered Bank₹1.20 CrSatisfied
22 Jun 2005Bank Of India₹7.49 CrSatisfied
03 Feb 2000The Bharat Co-Operative Bak Ltd.₹4.00 CrSatisfied
01 Mar 1999The Saraswat Co-Operativebank Ltd.₹0.37 MSatisfied

How Many Employees Work at Hegde Hotels (India)?

Hegde Hotels (India) has a workforce of 120 employees as of Apr 03, 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 Hegde Hotels (India), 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 Hegde Hotels (India)'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 Hegde Hotels (India)

Recent activity within the organization

  • Annual General Meeting

    Hegde Hotels (India) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hegde Hotels (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 28 Nov 1986 via Charge ID 90236755 with Indian Bank was fully satisfied on 04 Feb 2021.

    04 Feb 2021

  • Charges

    A charge registered on 30 Mar 1988 via Charge ID 90235364 with The Bharat Co Op Bank Ltd was fully satisfied on 08 Jan 2021.

    08 Jan 2021

  • Charges

    A charge registered on 01 Mar 1999 via Charge ID 90163834 with The Saraswat Co-Operativebank Ltd. was fully satisfied on 14 Mar 2017.

    14 Mar 2017

  • Charges

    A charge registered on 03 Feb 2000 via Charge ID 90163980 with The Bharat Co-Operative Bak Ltd. was fully satisfied on 08 Mar 2017.

    08 Mar 2017

Frequently asked questions

  • Hegde Hotels (India) Pvt Ltd was incorporated on 16 Mar 1992.

  • The authorized share capital of Hegde Hotels (India) Pvt Ltd is ₹ 3.50 Cr and paid-up capital is ₹ 1.14 Cr.

  • Currently 2 directors are associated with Hegde Hotels (India) Pvt Ltd.

    • Rohan Sudhakar Hegde
    • Sudhakar Seena Hegde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hegde Hotels (India) Pvt Ltd is B-16 Central Road M I D Candheri (E) India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Hegde Hotels (India) Pvt Ltd is U55200MH1992PTC065929 and the company number is 065929 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hegde Hotels (India) Pvt Ltd is https://www.tungahotels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hegde Hotels (India) Pvt Ltd has risen by 89.72%.

  • As Per 2023 financial reports, 120 employees are currently employed by Hegde Hotels (India) Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hegde Hotels (India) Pvt Ltd has experienced an upsurge of 115.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hegde Hotels (India) Pvt Ltd amount to ₹ 1.29 M.

  • The most recent Balance Sheet for Hegde Hotels (India) Pvt Ltd was filed with the ROC on 31 Mar 2023.

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