Majestic Hospitalities Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 2.25 Cr
- Company Age 23 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.64 Cr
- Satisfied Charges ₹ 2.08 Cr
- Revenue Growth 102.13%
- Profit Growth 285.08%
- Ebitda 835.56%
- Net Worth 153.17%
- Total Assets 23.10%
About Majestic Hospitalities
Majestic Hospitalities Private Limited (MHPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 May 2001 and has a history of 23 years and nine months. Its registered office is in Jalandhar, Punjab, 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 2.25 Cr and a paid-up capital of Rs 2.25 Cr.
The company currently has active open charges totaling ₹2.64 Cr. The company has closed loans amounting to ₹2.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mohinder Shoor and Gaurav Shoor serve as directors at the Company.
Company Details
- Location
Jalandhar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U55101PB2001PTC024390
- Company No.
024390
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 May 2001
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Travel and Hospitality
What products or services does Majestic Hospitalities Private Limited offer?
Majestic Hospitalities Private Limited offers a wide range of products and services, including Corporate Events & Party Organizers, Wedding-Event Management Service.
Who are the key members and board of directors at Majestic Hospitalities?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohinder Shoor  | Managing Director | 11-May-2001 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gaurav Shoor | Whole-Time Director | 11-May-2001 | Current |
Financial Performance of Majestic Hospitalities.
Majestic Hospitalities Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 102.13% increase. The company also saw a substantial improvement in profitability, with a 285.08% increase in profit. The company's net worth Soared by an impressive increase of 153.17%.
- 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 Majestic Hospitalities?
In 2021, Majestic Hospitalities 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)
Open Charges
₹2.64 Cr
Satisfied Charges
₹2.08 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.64 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Sep 2023 | Hdfc Bank Limited | ₹0.90 M | Open |
| 31 Dec 2022 | Hdfc Bank Limited | ₹5.48 M | Open |
| 11 May 2022 | Hdfc Bank Limited | ₹1.25 Cr | Open |
| 24 Dec 2021 | Hdfc Bank Limited | ₹7.49 M | Open |
| 21 Jan 2019 | Indian Bank | ₹4.88 M | Satisfied |
How Many Employees Work at Majestic Hospitalities?
Majestic Hospitalities has a workforce of 8 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 Majestic Hospitalities, 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 Majestic Hospitalities'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 Majestic Hospitalities
Recent activity within the organization
- Annual General Meeting
Majestic Hospitalities Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Majestic Hospitalities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited of Rs. 1.25 Cr registered on 11 May 2022 with Charge ID 100579272 was modified on 23 Oct 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100802342 was registered on 05 Sep 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.55 Cr with Charge ID 100665952 was registered on 31 Dec 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.25 Cr with Charge ID 100579272 was registered on 11 May 2022.
Frequently asked questions
What is the Incorporation or founding date of Majestic Hospitalities Private Limited?
Majestic Hospitalities Private Limited was incorporated on 11 May 2001.
What is authorized share capital and paid-up capital of Majestic Hospitalities Private Limited?
The authorized share capital of Majestic Hospitalities Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.25 Cr.
Who are the current board members & directors of Majestic Hospitalities Private Limited?
Currently 2 directors are associated with Majestic Hospitalities Private Limited.
- Mohinder Paul Shoor
- Gaurav Shoor
What is the registered address of Majestic Hospitalities Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Majestic Hospitalities Private Limited is G T Roadparagpur Jalandhar City India, Punjab, 144001.
What is the corporate identification number (CIN) and company number of Majestic Hospitalities Private Limited?
The corporate identification number (CIN) of Majestic Hospitalities Private Limited is U55101PB2001PTC024390 and the company number is 024390 as per Ministry of Corporate Affairs (MCA).
What is the official website of Majestic Hospitalities Private Limited?
The Official website of Majestic Hospitalities Private Limited is https://www.majesticgrandhotel.com
What has been the recent revenue trend for Majestic Hospitalities Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Majestic Hospitalities Private Limited has risen by 102.13%.
How many employees does Majestic Hospitalities Private Limited currently have?
As Per 2022 financial reports, 8 employees are currently employed by Majestic Hospitalities Private Limited.
What change has been observed in the net worth of Majestic Hospitalities Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Majestic Hospitalities Private Limited has experienced an upsurge of 153.17%.
What are the total open charges for Majestic Hospitalities Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Majestic Hospitalities Private Limited amount to ₹ 2.64 Cr.
When was the last Balance Sheet of Majestic Hospitalities Private Limited filed with the ROC?
The most recent Balance Sheet for Majestic Hospitalities Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
SS
Shobha ShoorDirector
Similar Companies Based on Hotel & Accommodation Services
Juniper Hotels Limited Mumbai, Maharashtra, India
Oyo Hotels And Homes Private Limited Ahmedabad, Gujarat, India
Dharampal Satyapal Limited Delhi, India
Chandigarh Industrial And Tourism Development Corp Ltd Chandigarh, India
Eih Limited Kolkata, West Bengal, India
Manyata Promoters Private Limited Bangaluru, Karnataka, India
Mahindra Holidays & Resorts India Limited Mumbai, Maharashtra, India
Itc Limited Kolkata, West Bengal, India