Hotel Paraag Limited logo

Hotel Paraag Limited

Hotel company offering room accommodation, banqueting, and vegetarian Indian cuisine in Bangalore since 1973.
1973 | Bangalore, Karnataka (India) | Active

Last Updated:

July 04, 2024
HomeCompanyHotel Paraag Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ramesh Srinivas InManaging Director01-Dec-1988Current

Board Members(4)

NameDesignationAppointment DateStatus
Pooja Jannu In Director 23-Oct-2017Current
Suraj Jannu In Additional Director 13-Apr-2019Current
Rekha Jannu In Director 27-Dec-1999Current
Rashmi Jannu In Additional Director 10-Jan-2009Current

Financial Performance of Hotel Paraag.

Hotel Paraag Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 127.99% increase. The company also saw a substantial improvement in profitability, with a 311.9% increase in profit. The company's net worth moved up by a moderate rise of 4.27%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
127.99%
Revenue from Operations
126.47%
Total Assets
1.75%
Profit or Loss
311.90%
Net Worth
4.27%
EBITDA
375.22%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹78.06 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 19 Nov 2007
₹72.00 CrSatisfied

Abudhabi Commercial Bank Limited

Creation Date: 06 Jan 2001
₹6.06 CrSatisfied

How Many Employees Work at Hotel Paraag?

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

Employee Graph

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Latest Updates, News, and FAQs on Hotel Paraag

Recent activity within the organization

  • Annual General Meeting

    Hotel Paraag Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hotel Paraag Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Suraj Srinivas Ramesh Jannu was appointed as a Additional Director was appointed as a Additional Director on 13 Apr 2019 & has been associated with this company since 5 years 9 months .

    13 Apr 2019

  • Director Appointment

    Pooja Ramesh Jannu was appointed as a Director was appointed as a Director on 23 Oct 2017 & has been associated with this company since 7 years 2 months .

    23 Oct 2017

  • Charges

    A charge registered on 06 Jan 2001 via Charge ID 80007384 with Abudhabi Commercial Bank Limited was fully satisfied on 11 Aug 2016.

    11 Aug 2016

  • Charges

    A charge registered on 19 Nov 2007 via Charge ID 10081710 with State Bank Of India was fully satisfied on 21 Jul 2016.

    21 Jul 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Hotel Paraag Limited was incorporated on 01 Aug 1973.

  • The authorized share capital of Hotel Paraag Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.86 Cr.

  • Currently 5 directors are associated with Hotel Paraag Limited.

    • Suraj Srinivas Ramesh Jannu
    • Rekha Ramesh Jannu
    • Pooja Ramesh Jannu
    • Ramesh Jannu Srinivas
    • Rashmi Ramesh Jannu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hotel Paraag Limited is No 8 Cubban Road Bangalore, Karnataka, India, 560001.

  • The corporate identification number (CIN) of Hotel Paraag Limited is U51101KA1973PLC002373 and the company number is 002373 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hotel Paraag Limited is https://www.hotelparaag.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hotel Paraag Limited has risen by 127.99%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hotel Paraag Limited has experienced an upsurge of 4.27%.

  • The most recent Balance Sheet for Hotel Paraag Limited was filed with the ROC on 31 Mar 2023.

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