Hotel Palmlake (Kankaria) Private Limited

Operates a hotel and restaurant under two names in Ahmedabad, Gujarat.

2000 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 15, 2024

Hotel Palmlake (Kankaria) Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 24 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.27 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth 84.63%
  • Profit Growth 99.58%
  • Ebitda 205.30%
  • Net Worth -0.07%
  • Total Assets 65.58%

About Hotel Palmlake (Kankaria)

Hotel Palmlake (Kankaria) Private Limited (HPKPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 June 2000 and has a history of 24 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Rising Sun It-Soulutions Private 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹5.27 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vijay Gajjar, Avanish Gajjar, Aditi Vijaybhai, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101GJ2000PTC038250

  • Company No.

    038250

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 2000

  • Date of AGM

    25 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Travel and Hospitality

Who are the key members and board of directors at Hotel Palmlake (Kankaria)?

Executive Team (1)

Name Designation Appointment Date Status
Vijay Gajjar Country flag representing In Managing Director 22-Jun-2000 Current

Board Members (3)

Name Designation Appointment Date Status
Avanish Gajjar Country flag representing In Director 27-May-2019 Current
Aditi Vijaybhai Country flag representing In Director 30-Mar-2015 Current
Sonal Vijaybhai Country flag representing In Director 30-Mar-2015 Current

Financial Performance of Hotel Palmlake (Kankaria).

Hotel Palmlake (Kankaria) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 84.63% increase. The company also saw a substantial improvement in profitability, with a 99.58% increase in profit. The company's net worth dipped by a decrease of 0.07%.

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
84.63%
Revenue from Operations
93.78%
Total Assets
65.58%
Profit or Loss
99.58%
Net Worth
-0.07%
EBITDA
205.30%

What is the Ownership and Shareholding Structure of Hotel Palmlake (Kankaria)?

In 2023, Hotel Palmlake (Kankaria) had a promoter holding of 93.33% and a public holding of 6.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.27 Cr

Satisfied Charges

₹5.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.27 Cr

Latest Charge Details

Date Lender Amount Status
31 Jul 2018 Others ₹5.27 Cr Open
02 Jan 2012 The Kalupur Commercial Co Operative Bank Limited ₹5.00 Cr Satisfied

How Many Employees Work at Hotel Palmlake (Kankaria)?

Hotel Palmlake (Kankaria) has a workforce of 18 employees as of Apr 07, 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 Hotel Palmlake (Kankaria), 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 Palmlake (Kankaria)'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 Palmlake (Kankaria)

Recent activity within the organization

  • Annual General Meeting

    Hotel Palmlake (Kankaria) Private Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.

    25 Aug 2023

  • Balance Sheet

    Hotel Palmlake (Kankaria) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 5.27 Cr registered on 31 Jul 2018 with Charge ID 100198988 was modified on 24 Jan 2023.

    24 Jan 2023

  • Director Appointment

    Avanish Vijaybhai Gajjar was appointed as a Director was appointed as a Director on 27 May 2019 & has been associated with this company since 5 years 8 months .

    27 May 2019

  • Charges

    A charge with Others amounted to Rs. 5.27 Cr with Charge ID 100198988 was registered on 31 Jul 2018.

    31 Jul 2018

  • Charges

    A charge registered on 02 Jan 2012 via Charge ID 10338049 with The Kalupur Commercial Co Operative Bank Limited was fully satisfied on 26 Jul 2018.

    26 Jul 2018

Frequently asked questions

  • Hotel Palmlake (Kankaria) Private Limited was incorporated on 22 Jun 2000.

  • The authorized share capital of Hotel Palmlake (Kankaria) Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 4 directors are associated with Hotel Palmlake (Kankaria) Private Limited.

    • Vijay Gajjar
    • Avanish Vijaybhai Gajjar
    • Aditi Gajjar Vijaybhai
    • Sonal Gajjar Vijaybhai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hotel Palmlake (Kankaria) Private Limited is 01 Parkland Near Kumkum Swaminarayan Mandir Near Railway Crossing Maninagar, Ahmedabad, Gujarat, India, 380008.

  • The corporate identification number (CIN) of Hotel Palmlake (Kankaria) Private Limited is U55101GJ2000PTC038250 and the company number is 038250 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hotel Palmlake (Kankaria) Private Limited has risen by 84.63%.

  • As Per 2023 financial reports, 18 employees are currently employed by Hotel Palmlake (Kankaria) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hotel Palmlake (Kankaria) Private Limited has experienced an downturn of -0.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hotel Palmlake (Kankaria) Private Limited amount to ₹ 5.27 Cr.

  • The most recent Balance Sheet for Hotel Palmlake (Kankaria) Private Limited was filed with the ROC on 31 Mar 2023.

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