Lateral Hospitality Profile
Key Indicators
- Authorised Capital ₹ 32.00 Cr
- Paid Up Capital ₹ 31.01 Cr
- Company Age 3 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 87.50 Cr
- Revenue Growth %
- Profit Growth -5365.51%
- Ebitda -7205.80%
- Net Worth -2172.14%
- Total Assets 86461.97%
About Lateral Hospitality
Lateral Hospitality Private Limited (LHPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 March 2021 (Three years and ten months 23 days old ). 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 32.00 Cr and a paid-up capital of Rs 31.01 Cr.
The company currently has active open charges totaling ₹87.50 Cr.
The Key Managerial Personnel (KMP) at Lateral Hospitality Private Limited India is Shruti Samant as COMPANY SECRETARY. Subodh Chatrath and Anil Kohli serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U55209MH2021PTC357212
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Company No.
357212
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Mar 2021
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Date of AGM
14 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Lateral Hospitality?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shruti Samant | Company Secretary | 09-Oct-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subodh Chatrath | Director | 05-Nov-2022 | Current |
| Anil Kohli | Director | 18-Nov-2022 | Current |
Financial Performance of Lateral Hospitality.
Lateral Hospitality Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 5365.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 2172.14%.
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What is the Ownership and Shareholding Structure of Lateral Hospitality?
In 2023, Lateral Hospitality had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹87.50 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 87.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2024 | State Bank Of India | ₹5.00 M | Open |
| 25 Oct 2023 | State Bank Of India | ₹87.00 Cr | Open |
How Many Employees Work at Lateral Hospitality?
Lateral Hospitality has a workforce of 0 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lateral Hospitality, 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 Lateral Hospitality's trajectory.
Rating
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
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.
