Krishna Palace Residency Private Limited

4-star hotel providing room service, wifi, and car rental services since 1995 in Mumbai.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Krishna Palace Residency Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 44.75 Cr
  • Satisfied Charges ₹ 27.90 Cr
  • Revenue Growth 69.91%
  • Profit Growth 330.91%
  • Ebitda 76.58%
  • Net Worth 27.84%
  • Total Assets 2.38%

About Krishna Palace Residency

Krishna Palace Residency Private Limited (KPRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 June 1995 and has a history of 29 years and seven 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹44.75 Cr. The company has closed loans amounting to ₹27.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishna Shetty, Uma Shetty, Saurabh Shetty, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U55101MH1995PTC089737

  • Company No.

    089737

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Krishna Palace Residency?

Executive Team (1)

Name Designation Appointment Date Status
Krishna Shetty Country flag representing In Managing Director 20-Jun-1995 Current

Board Members (4)

Name Designation Appointment Date Status
Uma Shetty Country flag representing In Director 20-Jun-1995 Current
Saurabh Shetty Country flag representing In Director 18-Mar-2003 Current
Saujanya Shetty Country flag representing In Director 18-Mar-2003 Current
Saumya Shetty Country flag representing In Director 18-Mar-2003 Current

Financial Performance of Krishna Palace Residency.

Krishna Palace Residency Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 69.91% increase. The company also saw a substantial improvement in profitability, with a 330.91% increase in profit. The company's net worth Soared by an impressive increase of 27.84%.

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
69.91%
Revenue from Operations
72.37%
Total Assets
2.38%
Profit or Loss
330.91%
Net Worth
27.84%
EBITDA
76.58%

What is the Ownership and Shareholding Structure of Krishna Palace Residency?

In 2023, Krishna Palace Residency had a promoter holding of 99.94% and a public holding of 0.06%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.75 Cr

Satisfied Charges

₹27.90 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 30.80 Cr
  • Model Co-Op Bank Ltd : 5.90 Cr
  • Deutsche Bank Agai : 4.50 Cr
  • Others : 3.52 Cr
  • Sundaram Finance Ltd : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
14 Aug 2023 Standard Chartered Bank ₹3.95 Cr Open
29 Dec 2020 Others ₹2.40 Cr Open
24 Apr 2018 Standard Chartered Bank ₹16.85 Cr Open
30 Dec 2016 Others ₹1.12 Cr Open
24 Mar 2015 Model Co-Op Bank Ltd ₹5.90 Cr Open

How Many Employees Work at Krishna Palace Residency?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Krishna Palace Residency, 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 Krishna Palace Residency'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 Krishna Palace Residency

Recent activity within the organization

  • Annual General Meeting

    Krishna Palace Residency Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 3.95 Cr with Charge ID 100774302 was registered on 14 Aug 2023.

    14 Aug 2023

  • Balance Sheet

    Krishna Palace Residency Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 18 May 2011 via Charge ID 10287206 with Others was fully satisfied on 07 Aug 2021.

    07 Aug 2021

  • Charges

    A charge with Others of Rs. 2.40 Cr registered on 29 Dec 2020 with Charge ID 100452901 was modified on 21 Jun 2021.

    21 Jun 2021

  • Charges

    A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100452901 was registered on 29 Dec 2020.

    29 Dec 2020

Frequently asked questions

  • Krishna Palace Residency Private Limited was incorporated on 20 Jun 1995.

  • The authorized share capital of Krishna Palace Residency Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 5 directors are associated with Krishna Palace Residency Private Limited.

    • Krishna Yellappa Shetty
    • Uma Krishna Shetty
    • Saurabh Krishna Shetty
    • Saujanya Krishna Shetty
    • Saumya Krishna Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Krishna Palace Residency Private Limited is 96-98 Sleater Road Nana Chowk, India, Mumbai, Maharashtra, 400007.

  • The corporate identification number (CIN) of Krishna Palace Residency Private Limited is U55101MH1995PTC089737 and the company number is 089737 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Krishna Palace Residency Private Limited is https://www.krishnapalaceresidency.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Krishna Palace Residency Private Limited has risen by 69.91%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Krishna Palace Residency Private Limited has experienced an upsurge of 27.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Krishna Palace Residency Private Limited amount to ₹ 44.75 Cr.

  • The most recent Balance Sheet for Krishna Palace Residency Private Limited was filed with the ROC on 31 Mar 2023.