Majestic Hotels Profile
Key Indicators
- Authorised Capital ₹ 45.00 Cr
as on 17-11-2024
- Paid Up Capital ₹ 35.83 Cr
as on 17-11-2024
- Company Age 35 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 49.12 Cr
as on 17-11-2024
- Satisfied Charges ₹ 14.42 Cr
as on 17-11-2024
- Revenue 56.06%
(FY 2023)
- Profit 40.98%
(FY 2023)
- Ebitda 276.56%
(FY 2023)
- Net Worth -9.16%
(FY 2023)
- Total Assets -2.89%
(FY 2023)
About Majestic Hotels
- CIN/LLPIN
U55101PB1989PLC037667
- Company No.
037667
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Feb 1989
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Majestic Hotels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harbinder Grewal  | Managing Director | 25-Feb-2019 | Current |
| Tanya Vaidya | Company Secretary | 10-Jun-2024 | Current |
| Amarjeet Kumar | CFO | 25-Feb-2019 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jesdev Saggar  | Director | 17-Aug-2012 | Current |
| Gurdial Khangura | Director | 05-Oct-2018 | Current |
| Kewal Sharma | Director | 05-Sep-2022 | Current |
| Vimal Sumbly | Director | 30-Sep-2015 | Current |
| Jasbir Khangura | Director | 26-Mar-2024 | Current |
Financial Performance and Corporate Structure Insights of Majestic Hotels.
Majestic Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.06% increase. The company also saw a substantial improvement in profitability, with a 40.98% increase in profit. The company's net worth dipped by a decrease of 9.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 Hotels?
In 2023, Majestic Hotels had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Envirosystem Consultancy Services Private LimitedActive 5 years 6 months
Vimal Sumbly is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 12 Dec 2019 | ₹3.50 Cr | Open |
Others Creation Date: 08 Aug 2018 | ₹4.00 Cr | Open |
Others Creation Date: 15 Jan 2018 | ₹4.75 Cr | Open |
How Many Employees Work at Majestic Hotels?
Majestic Hotels has a workforce of 163 employees as of Apr 10, 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 Hotels, 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 Hotels'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.
