Magnolia Hospitality Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
as on 08-12-2024
- Paid Up Capital ₹ 1.50 M
as on 08-12-2024
- Company Age 31 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 28.19 Cr
as on 08-12-2024
- Satisfied Charges ₹ 12.85 Cr
as on 08-12-2024
- Revenue -7.05%
(FY 2021)
- Profit 1.13%
(FY 2021)
- Ebitda -4.93%
(FY 2021)
- Net Worth 8.51%
(FY 2021)
- Total Assets 5.57%
(FY 2021)
About Magnolia Hospitality
The Company is engaged in the Financial Services 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 6.00 Cr and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹28.19 Cr. The company has closed loans amounting to ₹12.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Premchand Kothari, Amit Kothari, Sunit Kothari, and Three other members serve as directors at the Company.
- CIN/LLPIN
U65910MH1993PTC073779
- Company No.
073779
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Sep 1993
- Date of AGM
13 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- LocationMumbai, Maharashtra
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Magnolia Hospitality?
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Kothari  | Director | 06-Mar-2014 | Current |
| Premchand Kothari | Director | 06-Sep-1993 | Current |
| Amit Kothari | Director | 24-Dec-1993 | Current |
| Sunit Kothari | Director | 21-Aug-2014 | Current |
| Rajendra Mehta | Director | 24-Jan-2001 | Current |
| Kantilal Kothari | Director | 06-Sep-1993 | Current |
Financial Performance and Corporate Structure Insights of Magnolia Hospitality.
Magnolia Hospitality Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.05% decrease. The company also saw a slight improvement in profitability, with a 1.13% increase in profit. The company's net worth moved up by a moderate rise of 8.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnolia Hospitality?
In 2021, Magnolia 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.
Related Corporates (Common Directorship)
New Rajasthan Builders Pvt LtdActive 51 years 3 monthsPremchand Kothari, Amit Kothari and 3 more are mutual person
- Navketan Industrial Construction Pvt LtdActive 51 years 3 months
Premchand Kothari and Kantilal Kothari are mutual person
- Hotel Shringar Pvt LtdActive 41 years 1 month
Premchand Kothari and Rajendra Mehta are mutual person
- Bombay Fibre Industries Private LimitedActive 54 years 5 months
Amit Kothari and Kantilal Kothari are mutual person
- Navketan Hospitality Private LimitedActive 19 years 4 months
Amit Kothari and Manish Kothari are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 18 Aug 2023 | ₹1.12 Cr | Open |
Others Creation Date: 18 Aug 2023 | ₹1.92 Cr | Open |
Others Creation Date: 16 Sep 2020 | ₹1.75 Cr | Open |
How Many Employees Work at Magnolia Hospitality?
Unlock and access historical data on people associated with Magnolia Hospitality, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnolia 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 Magnolia 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.
