Madras Hotel Ashoka Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 29-07-2024
- Paid Up Capital ₹ 1.25 Cr
as on 29-07-2024
- Company Age 51 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.42 Cr
as on 29-07-2024
- Satisfied Charges ₹ 1.97 Cr
as on 29-07-2024
- Revenue 65.84%
(FY 2023)
- Profit 167.43%
(FY 2023)
- Ebitda 290.78%
(FY 2023)
- Net Worth 9.92%
(FY 2023)
- Total Assets 13.61%
(FY 2023)
About Madras Hotel Ashoka
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 2.00 Cr and a paid-up capital of Rs 1.25 Cr.
The company currently has active open charges totaling ₹4.42 Cr. The company has closed loans amounting to ₹1.97 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kellaguthu Ballal, Vijayalaxmi Ariga, Jayavarmaraj Ballal, and Three other members serve as directors at the Company.
- CIN/LLPIN
U55101TN1973PTC006323
- Company No.
006323
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Mar 1973
- Date of AGM
29 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Madras Hotel Ashoka?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayavarmaraj Ballal  | Managing Director | 23-Sep-2003 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kellaguthu Ballal | Whole-Time Director | 23-Sep-2003 | Current |
| Vijayalaxmi Ariga | Director | 23-Sep-2003 | Current |
| Kellaguthu Ballal | Director | 29-Sep-2004 | Current |
| Radhakrishna Hebbar | Director | 29-Sep-2005 | Current |
| Rajesh Hebbar | Director | 29-Sep-2005 | Current |
Financial Performance of Madras Hotel Ashoka.
Madras Hotel Ashoka Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.84% increase. The company also saw a substantial improvement in profitability, with a 167.43% increase in profit. The company's net worth moved up by a moderate rise of 9.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Madras Hotel Ashoka?
In 2022, Madras Hotel Ashoka had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
N Sathyanathan & Sons Private LimitedActive 54 years 3 monthsJayavarmaraj Ballal, Kellaguthu Ballal and 2 more are mutual person
- Neria Estates Rural Industries Association Private LimitedActive 66 years 10 months
Rajesh Hebbar is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Karnataka Bank Ltd. Creation Date: 04 Mar 2021 | ₹3.00 M | Open |
The Karnatka Bank Ltd Creation Date: 27 Oct 2001 | ₹1.20 M | Open |
The Karnatka Bank Ltd Creation Date: 10 Oct 2000 | ₹1.20 M | Open |
How Many Employees Work at Madras Hotel Ashoka?
Madras Hotel Ashoka has a workforce of 130 employees as of Mar 31, 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 Madras Hotel Ashoka, 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 Madras Hotel Ashoka'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.
