Hotel Vaigai Private Limited

Three-star hotel with 95 rooms, gym, coffee shop, banquet halls, spa, and pub.

1978 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Hotel Vaigai Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.20 Cr
  • Company Age 46 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.83 Cr
  • Satisfied Charges ₹ 45.01 Cr
  • Revenue Growth 70.03%
  • Profit Growth 154.55%
  • Ebitda 387.73%
  • Net Worth 9.87%
  • Total Assets 5.36%

About Hotel Vaigai

Hotel Vaigai Private Limited (HVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 October 1978 and has a history of 46 years and six months. Its registered office is in Chennai, Tamil Nadu, 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 10.00 Cr and a paid-up capital of Rs 9.20 Cr.

The company currently has active open charges totaling ₹21.83 Cr. The company has closed loans amounting to ₹45.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Kondalswamy and Jayakanthan Kondalsamy serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101TN1978PTC007628

  • Company No.

    007628

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 1978

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Travel and Hospitality
Company report

Hotel Vaigai Private Limited

Explore comprehensive data for Hotel Vaigai Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Ramesh Kondalswamy Country flag representing In Director 25-Sep-2001Current
Jayakanthan Kondalsamy Country flag representing In Director 25-Sep-2001Current

Financial Performance of Hotel Vaigai.

Hotel Vaigai Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.03% increase. The company also saw a substantial improvement in profitability, with a 154.55% increase in profit. The company's net worth moved up by a moderate rise of 9.87%.

Hotel Vaigai revenue growth over time
Hotel Vaigai 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
70.03%
Revenue from Operations
78.55%
Total Assets
5.36%
Profit or Loss
154.55%
Net Worth
9.87%
EBITDA
387.73%

What is the Ownership and Shareholding Structure of Hotel Vaigai?

In 2023, Hotel Vaigai 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

₹21.83 Cr

Satisfied Charges

₹45.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.85 Cr
  • Hdfc Bank Limited : 0.98 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jul 2024Others₹20.85 CrOpen
31 May 2022Hdfc Bank Limited₹9.82 MOpen
28 Feb 2019Others₹15.00 CrSatisfied
31 Jan 2016Others₹8.55 CrSatisfied
26 May 2008State Bank Of Travancore And Sbi₹3.00 CrSatisfied

How Many Employees Work at Hotel Vaigai?

Hotel Vaigai has a workforce of 43 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.

Employee growth trends for Hotel Vaigai Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Indian Bank of Rs. 0.10 Cr registered on 02 Aug 1982 with Charge ID 90285794 was modified on 20 Jun 2985.

  • Annual General Meeting

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

  • Charges

    A charge with Others of Rs. 20.85 Cr registered on 05 Jul 2024 with Charge ID 100941998 was modified on 06 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 20.85 Cr with Charge ID 100941998 was registered on 05 Jul 2024.

  • Balance Sheet

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

  • Charges

    A charge registered on 28 Feb 2019 via Charge ID 100260970 with Others was fully satisfied on 02 Aug 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Hotel Vaigai Private Limited?

    Hotel Vaigai Private Limited was incorporated on 21 Oct 1978.

  • What is authorized share capital and paid-up capital of Hotel Vaigai Private Limited?

    The authorized share capital of Hotel Vaigai Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.20 Cr.

  • Who are the current board members & directors of Hotel Vaigai Private Limited?

    Currently 2 directors are associated with Hotel Vaigai Private Limited.

    • Ramesh Kondalswamy
    • Jayakanthan Kondalsamy
  • What is the registered address of Hotel Vaigai Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hotel Vaigai Private Limited is No. 3, Gandhi-Irwin Road Egmore India, Chennai, Tamil Nadu, 600008.

  • What is the corporate identification number (CIN) and company number of Hotel Vaigai Private Limited?

    The corporate identification number (CIN) of Hotel Vaigai Private Limited is U55101TN1978PTC007628 and the company number is 007628 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hotel Vaigai Private Limited?

    The Official website of Hotel Vaigai Private Limited is https://www.fortelhotels.com

  • What has been the recent revenue trend for Hotel Vaigai Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hotel Vaigai Private Limited has risen by 70.03%.

  • How many employees does Hotel Vaigai Private Limited currently have?

    As Per 2023 financial reports, 43 employees are currently employed by Hotel Vaigai Private Limited.

  • What change has been observed in the net worth of Hotel Vaigai Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hotel Vaigai Private Limited has experienced an upsurge of 9.87%.

  • What are the total open charges for Hotel Vaigai Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hotel Vaigai Private Limited amount to ₹ 21.83 Cr.

  • When was the last Balance Sheet of Hotel Vaigai Private Limited filed with the ROC?

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

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