Hotel Netra Palace Private Limited

Manages and operates a hotel for guests.

2003 | Ahmedabad, Gujarat (India) | Under Insolvency
Last Updated: January 18, 2025

Hotel Netra Palace Profile

Key Indicators

  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.60 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.20 Cr
  • Satisfied Charges ₹ 143.99 Cr
  • Revenue Growth -97.83%
  • Profit Growth 20.36%
  • Ebitda -159.76%
  • Net Worth -25.03%
  • Total Assets 17.50%

About Hotel Netra Palace

Hotel Netra Palace Private Limited (HNPPL) is Under Cirp company established on 04 Mar 2003 with its office registered at Ahmedabad, Gujarat, India and has been running since 21 Year, 11 Months with a paid up capital of 1.60 Cr. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101GJ2003PTC042092

  • Company No.

    042092

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Travel and Hospitality

Who are the key members and board of directors at Hotel Netra Palace?

Board Members (2)

NameDesignationAppointment DateStatus
Kanaklataben Thakkar Country flag representing In Additional Director 11-Jan-2021Current
Sangitaben Chatwani Country flag representing In Additional Director 15-Sep-2020Current

Financial Performance of Hotel Netra Palace.

Hotel Netra Palace Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 97.83% decrease. The company also saw a substantial improvement in profitability, with a 20.36% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.03%.

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
-97.83%
Revenue from Operations
Total Assets
17.50%
Profit or Loss
20.36%
Net Worth
-25.03%
EBITDA
-159.76%

What is the Ownership and Shareholding Structure of Hotel Netra Palace?

In 2020, Hotel Netra Palace 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

₹10.20 Cr

Satisfied Charges

₹143.99 Cr

Charges Breakdown by Lending Institutions

  • Small Industries Development Bank Of India : 8.00 Cr
  • Bank Of Baroda : 2.20 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2015Small Industries Development Bank Of India₹8.00 CrOpen
26 Jun 2008Bank Of Baroda₹2.20 CrOpen
05 Dec 2018Others₹36.50 CrSatisfied
05 May 2018Others₹10.00 CrSatisfied
17 Oct 2017Others₹12.00 CrSatisfied

How Many Employees Work at Hotel Netra Palace?

Unlock and access historical data on people associated with Hotel Netra Palace, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hotel Netra Palace, 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 Hotel Netra Palace'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 Hotel Netra Palace

Recent activity within the organization

  • Annual General Meeting

    Hotel Netra Palace Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hotel Netra Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Kanaklataben Umangkumar Thakkar was appointed as a Additional Director was appointed as a Additional Director on 11 Jan 2021 & has been associated with this company since 4 years 1 month .

    11 Jan 2021

  • Director Appointment

    Sangitaben Vinodbhai Chatwani was appointed as a Additional Director was appointed as a Additional Director on 15 Sep 2020 & has been associated with this company since 4 years 5 months .

    15 Sep 2020

  • Charges

    A charge registered on 05 Dec 2018 via Charge ID 100228107 with Others was fully satisfied on 27 May 2019.

    27 May 2019

  • Charges

    A charge registered on 26 Apr 2013 via Charge ID 10555613 with Bank Of Maharashtra was fully satisfied on 05 Apr 2019.

    05 Apr 2019

Frequently asked questions

  • Hotel Netra Palace Private Limited was incorporated on 04 Mar 2003.

  • The authorized share capital of Hotel Netra Palace Private Limited is ₹ 1.60 Cr and paid-up capital is ₹ 1.60 Cr.

  • Currently 2 directors are associated with Hotel Netra Palace Private Limited.

    • Kanaklataben Umangkumar Thakkar
    • Sangitaben Vinodbhai Chatwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hotel Netra Palace Private Limited is Dharmadevhouseshyamalcrossroad, Satellite India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Hotel Netra Palace Private Limited is U55101GJ2003PTC042092 and the company number is 042092 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Hotel Netra Palace Private Limited has fallen by -97.83%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Hotel Netra Palace Private Limited has experienced an downturn of -25.03%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Hotel Netra Palace Private Limited amount to ₹ 10.20 Cr.

  • The most recent Balance Sheet for Hotel Netra Palace Private Limited was filed with the ROC on 31 Mar 2024.

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