Magnolia Hospitality Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 1.50 M
- Company Age 31 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 28.19 Cr
- Satisfied Charges ₹ 12.85 Cr
- Revenue Growth -7.05%
- Profit Growth 1.13%
- Ebitda -4.93%
- Net Worth 8.51%
- Total Assets 5.57%
About Magnolia Hospitality
Magnolia Hospitality Private Limited (MHPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 September 1993 and has a history of 31 years and four months. Its registered office is in Mumbai, Maharashtra.
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.
Company Details
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LocationMumbai, Maharashtra
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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
U65910MH1993PTC073779
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Company No.
073779
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Sep 1993
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Date of AGM
13 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 Magnolia Hospitality?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Kothari
|
Director | 06-Mar-2014 | Current |
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Premchand Kothari
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Director | 06-Sep-1993 | Current |
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Amit Kothari
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Director | 24-Dec-1993 | Current |
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Sunit Kothari
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Director | 21-Aug-2014 | Current |
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Rajendra Mehta
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Director | 24-Jan-2001 | Current |
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Kantilal Kothari
|
Director | 06-Sep-1993 | Current |
Financial Performance 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
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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)
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New Rajasthan Builders Pvt LtdPremchand Kothari, Amit Kothari and 3 more are mutual person
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Navketan Industrial Construction Pvt Ltd
Premchand Kothari and Kantilal Kothari are mutual person
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Hotel Shringar Pvt Ltd
Premchand Kothari and Rajendra Mehta are mutual person
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Bombay Fibre Industries Private Limited
Amit Kothari and Kantilal Kothari are mutual person
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Navketan Hospitality Private Limited
Amit Kothari and Manish Kothari are mutual person
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Asera Commerce Private Limited
Sunit Kothari is a mutual person
Charges (Loans)
₹28.19 Cr
₹12.85 Cr
Charges Breakdown by Lending Institutions
- Oriental Bank Of Commerce : 23.40 Cr
- Others : 4.79 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Aug 2023 | Others | ₹1.12 Cr | Open |
| 18 Aug 2023 | Others | ₹1.92 Cr | Open |
| 16 Sep 2020 | Others | ₹1.75 Cr | Open |
| 21 May 2015 | Oriental Bank Of Commerce | ₹11.70 Cr | Open |
| 21 May 2015 | Oriental Bank Of Commerce | ₹11.70 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.
