Hotel Transit Private Limited

Founded in 1972 and headquartered in Maharashtra, India.

1972 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Hotel Transit Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 52 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.45 M
  • Satisfied Charges ₹ 20.07 Cr
  • Revenue Growth 82.33%
  • Profit Growth 1395.63%
  • Ebitda 178.51%
  • Net Worth 23.43%
  • Total Assets 3.64%

About Hotel Transit

Hotel Transit Private Limited (HTPL) was founded in India on 22 September 1972 and has a glorious history of 52 years and four 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.10 M.

The company currently has active open charges totaling ₹6.45 M. The company has closed loans amounting to ₹20.07 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55200MH1972PTC016025

  • Company No.

    016025

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 1972

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

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

Executive Team (1)

Name Designation Appointment Date Status
Bharat Malkani Country flag representing In Managing Director 01-Oct-1995 Current

Board Members (4)

Name Designation Appointment Date Status
Pravin Malkani Country flag representing In Director 01-Oct-1995 Current
Jyoti Malkani Country flag representing In Director 04-May-2015 Current
Jayesh Mehta Country flag representing In Director Current
Bindiya Malkani Country flag representing In Director 22-Sep-1972 Current

Financial Performance of Hotel Transit.

Hotel Transit Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.33% increase. The company also saw a substantial improvement in profitability, with a 1395.63% increase in profit. The company's net worth Soared by an impressive increase of 23.43%.

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
82.33%
Revenue from Operations
82.40%
Total Assets
3.64%
Profit or Loss
1395.63%
Net Worth
23.43%
EBITDA
178.51%

What is the Ownership and Shareholding Structure of Hotel Transit?

In 2023, Hotel Transit 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

₹6.45 M

Satisfied Charges

₹200.69 M

Charges Breakdown by Lending Institutions

  • Maharashtra State Financial Corp. : 0.22 Cr
  • The Maharashtra State Financial Corp. : 0.20 Cr
  • State Bank Of India : 0.12 Cr
  • Rupee Co- Op. Bank Ltd. : 0.06 Cr
  • Rupee Co-Op. Bank Ltd. : 0.03 Cr
  • Others : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
01 Dec 1998 Rupee Co-Op. Bank Ltd. ₹0.30 M Open
21 May 1996 State Bank Of India ₹1.10 M Open
30 May 1995 State Bank Of Indore ₹0.05 M Open
04 Feb 1994 The Maharashtra State Financial Corp. ₹2.00 M Open
15 Jul 1991 Maharashtra State Financial Corp. ₹1.00 M Open

How Many Employees Work at Hotel Transit?

Hotel Transit has a workforce of 50 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Hotel Transit 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 Transit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 28 Mar 2015 via Charge ID 10565367 with Others was fully satisfied on 18 Aug 2021.

    18 Aug 2021

  • Charges

    A charge with Others of Rs. 100.69 M registered on 28 Mar 2015 with Charge ID 10565367 was modified on 14 Apr 2020.

    14 Apr 2020

  • Director Appointment

    Jyoti Bharat Malkani was appointed as a Director was appointed as a Director on 04 May 2015 & has been associated with this company since 9 years 9 months .

    04 May 2015

  • Charges

    A charge registered on 26 Mar 2013 via Charge ID 10419115 with Hdfc Bank Limited was fully satisfied on 13 Apr 2015.

    13 Apr 2015

Frequently asked questions

  • Hotel Transit Private Limited was incorporated on 22 Sep 1972.

  • The authorized share capital of Hotel Transit Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.10 M.

  • Currently 5 directors are associated with Hotel Transit Private Limited.

    • Bharat Harkishan Malkani
    • Pravin Harkishan Malkani
    • Jyoti Bharat Malkani
    • Jayesh Jagdish Mehta
    • Bindiya Harikisan Malkani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hotel Transit Private Limited is Off Nehru Road Vile Parle (East) India, Mumbai, Maharashtra, 400099.

  • The corporate identification number (CIN) of Hotel Transit Private Limited is U55200MH1972PTC016025 and the company number is 016025 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hotel Transit Private Limited is https://www.hoteltransit.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hotel Transit Private Limited has risen by 82.33%.

  • As Per 2023 financial reports, 50 employees are currently employed by Hotel Transit Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hotel Transit Private Limited has experienced an upsurge of 23.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hotel Transit Private Limited amount to ₹ 6.45 M.

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