Kanchan Hotels And Club Limited

Manages hotels and clubs, established in 1985, based in Indore.

1985 | Indore M.P., Madhya Pradesh (India) | Active
Last Updated: June 16, 2024

Kanchan Hotels And Club Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 7.87 M
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.78 Cr
  • Revenue Growth -36.52%
  • Profit Growth 33.69%
  • Ebitda 40.07%
  • Net Worth -52.36%
  • Total Assets -11.78%

About Kanchan Hotels And Club

Kanchan Hotels And Club Limited (KHACL) is a Public Limited Indian Non-Government Company incorporated in India on 27 December 1985 and has a history of 39 years and one month. Its registered office is in Indore M.P., Madhya Pradesh, India.

The Corporate was formerly known as Abeeson Club And Resorts 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 1.25 Cr and a paid-up capital of Rs 7.87 M.

The company currently has active open charges totaling ₹13.78 Cr.

Gaurav Kathpal, Nitesh Chugh, and Poonam Kathpal serve as directors at the Company.

Company Details

  • Location

    Indore M.P., Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101MP1985PLC003210

  • Company No.

    003210

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Travel and Hospitality

Who are the key members and board of directors at Kanchan Hotels And Club?

Executive Team (1)

NameDesignationAppointment DateStatus
Gaurav Kathpal Country flag representing In Managing Director18-Feb-2010Current

Board Members (2)

NameDesignationAppointment DateStatus
Nitesh Chugh Country flag representing In Director 15-Jul-1997Current
Poonam Kathpal Country flag representing In Director 21-Feb-2012Current

Financial Performance of Kanchan Hotels And Club.

Kanchan Hotels And Club Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.52% decrease. The company also saw a substantial improvement in profitability, with a 33.69% increase in profit. The company's net worth observed a substantial decline by a decrease of 52.36%.

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
-36.52%
Revenue from Operations
Total Assets
-11.78%
Profit or Loss
33.69%
Net Worth
-52.36%
EBITDA
40.07%

What is the Ownership and Shareholding Structure of Kanchan Hotels And Club?

In 2023, Kanchan Hotels And Club had a public 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

₹13.78 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 9.23 Cr
  • The United Western Bank Ltd. : 2.00 Cr
  • Madhya Pradesh Financial Corporation : 1.75 Cr
  • Bank Of Baroda : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2018Others₹5.02 CrOpen
22 Nov 2017Others₹1.82 CrOpen
04 Mar 2016Others₹2.40 CrOpen
17 May 2012Madhya Pradesh Financial Corporation₹1.75 CrOpen
30 Mar 1998The United Western Bank Ltd.₹2.00 CrOpen

How Many Employees Work at Kanchan Hotels And Club?

Kanchan Hotels And Club has a workforce of 24 employees as of Apr 06, 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 Kanchan Hotels And Club, 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 Kanchan Hotels And Club'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 Kanchan Hotels And Club

Recent activity within the organization

  • Annual General Meeting

    Kanchan Hotels And Club Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Kanchan Hotels And Club Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.02 Cr with Charge ID 100237066 was registered on 31 Aug 2018.

    31 Aug 2018

  • Charges

    A charge with Others amounted to Rs. 1.82 Cr with Charge ID 100139444 was registered on 22 Nov 2017.

    22 Nov 2017

  • Charges

    A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100067254 was registered on 04 Mar 2016.

    04 Mar 2016

  • Charges

    A charge with Madhya Pradesh Financial Corporation amounted to Rs. 1.75 Cr with Charge ID 10357622 was registered on 17 May 2012.

    17 May 2012

Frequently asked questions

  • Kanchan Hotels And Club Limited was incorporated on 27 Dec 1985.

  • The authorized share capital of Kanchan Hotels And Club Limited is ₹ 1.25 Cr and paid-up capital is ₹ 7.87 M.

  • Currently 3 directors are associated with Kanchan Hotels And Club Limited.

    • Gaurav Singh Kathpal
    • Nitesh Chugh
    • Poonam Kathpal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanchan Hotels And Club Limited is 585/2 M.G.RoadPalasia, Indore M.P., Madhya Pradesh, India, 452001.

  • The corporate identification number (CIN) of Kanchan Hotels And Club Limited is U55101MP1985PLC003210 and the company number is 003210 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kanchan Hotels And Club Limited has fallen by -36.52%.

  • As Per 2023 financial reports, 24 employees are currently employed by Kanchan Hotels And Club Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kanchan Hotels And Club Limited has experienced an downturn of -52.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kanchan Hotels And Club Limited amount to ₹ 13.78 Cr.

  • The most recent Balance Sheet for Kanchan Hotels And Club Limited was filed with the ROC on 31 Mar 2023.

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