Madras Hotel Ashoka Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 52 Year, 30 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.42 Cr
- Satisfied Charges ₹ 1.97 Cr
- Revenue Growth 65.84%
- Profit Growth 167.43%
- Ebitda 125.14%
- Net Worth 9.92%
- Total Assets 13.61%
About Madras Hotel Ashoka
Madras Hotel Ashoka Private Limited (MHAPL) was founded in India on 13 March 1973 and has a glorious history of 52 years . 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 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.
Rajesh Hebbar, Radhakrishna Hebbar, Kellaguthu Ballal, and Three other members 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
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
Travel and Hospitality
Madras Hotel Ashoka Private Limited
Explore comprehensive data for Madras Hotel Ashoka Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
|---|---|---|---|
| Rajesh Hebbar | Director | 29-Sep-2005 | Current |
| Radhakrishna Hebbar | Director | 29-Sep-2005 | Current |
| Kellaguthu Ballal | Director | 29-Sep-2004 | Current |
| Vijayalaxmi Ariga | Director | 23-Sep-2003 | Current |
| Kellaguthu Ballal | Whole-Time Director | 23-Sep-2003 | 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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Madras Hotel Ashoka?
Unlock access to Madras Hotel Ashoka's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Hotel Bms Private LimitedJayavarmaraj Ballal is a mutual person
- N Sathyanathan & Sons Private Limited
Rajesh Hebbar, Radhakrishna Hebbar and 2 more are mutual person
- Neria Estates Rural Industries Association Private Limited
Rajesh Hebbar is a mutual person
- Ballal Tourist Hotel Private Limited
Jayavarmaraj Ballal is a mutual person
Charges (Loans)
Open Charges
₹4.42 Cr
Satisfied Charges
₹1.97 Cr
Charges Breakdown by Lending Institutions
- Corporation Bank : 1.85 Cr
- The Karnatka Bank Ltd : 1.26 Cr
- The Karnatkabank Ltd. : 0.65 Cr
- Karnataka Bank Ltd. : 0.30 Cr
- The Karnataka Bank Limited : 0.16 Cr
- Others : 0.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2021 | Karnataka Bank Ltd. | ₹3.00 M | Open |
| 27 Oct 2001 | The Karnatka Bank Ltd | ₹1.20 M | Open |
| 10 Oct 2000 | The Karnatka Bank Ltd | ₹1.20 M | Open |
| 31 Mar 1999 | Corporation Bank | ₹0.90 M | Open |
| 14 Oct 1998 | Corporation Bank | ₹1.00 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.
Latest Updates, News, and FAQs on Madras Hotel Ashoka
Recent activity within the organization
- Charges
A charge registered on 12 Jan 2021 via Charge ID 100411398 with Karnataka Bank Ltd. was fully satisfied on 31 Jan 2024.
- Annual General Meeting
Madras Hotel Ashoka Private Limited last Annual general meeting of members was held on 29 Aug 2023 as per latest MCA records.
- Balance Sheet
Madras Hotel Ashoka Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.30 Cr with Charge ID 100428347 was registered on 04 Mar 2021.
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.10 Cr with Charge ID 100411398 was registered on 12 Jan 2021.
- Charges
A charge registered on 06 Feb 2004 via Charge ID 90302272 with Corporation Bank was fully satisfied on 12 Dec 2008.
Frequently asked questions
What is the Incorporation or founding date of Madras Hotel Ashoka Private Limited?
Madras Hotel Ashoka Private Limited was incorporated on 13 Mar 1973.
What is authorized share capital and paid-up capital of Madras Hotel Ashoka Private Limited?
The authorized share capital of Madras Hotel Ashoka Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.25 Cr.
Who are the current board members & directors of Madras Hotel Ashoka Private Limited?
Currently 6 directors are associated with Madras Hotel Ashoka Private Limited.
- Rajesh Neria Venkatakrishna Hebbar
- Radhakrishna Neria Hebbar
- Kellaguthu Gautam Ballal
- Jayavarmaraj Kellaguthu Ballal
- Vijayalaxmi Kellaguthu Ariga
- Kellaguthu Roshan Ballal
What is the registered address of Madras Hotel Ashoka Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Madras Hotel Ashoka Private Limited is No 47 Pantheon Road Egmore, India, Chennai, Tamil Nadu, 600008.
What is the corporate identification number (CIN) and company number of Madras Hotel Ashoka Private Limited?
The corporate identification number (CIN) of Madras Hotel Ashoka Private Limited is U55101TN1973PTC006323 and the company number is 006323 as per Ministry of Corporate Affairs (MCA).
What is the official website of Madras Hotel Ashoka Private Limited?
The Official website of Madras Hotel Ashoka Private Limited is https://www.madrashotelashoka.com
What has been the recent revenue trend for Madras Hotel Ashoka Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Madras Hotel Ashoka Private Limited has risen by 65.84%.
How many employees does Madras Hotel Ashoka Private Limited currently have?
As Per 2023 financial reports, 130 employees are currently employed by Madras Hotel Ashoka Private Limited.
What change has been observed in the net worth of Madras Hotel Ashoka Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Madras Hotel Ashoka Private Limited has experienced an upsurge of 9.92%.
What are the total open charges for Madras Hotel Ashoka Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Madras Hotel Ashoka Private Limited amount to ₹ 4.42 Cr.
When was the last Balance Sheet of Madras Hotel Ashoka Private Limited filed with the ROC?
The most recent Balance Sheet for Madras Hotel Ashoka Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records