Majestic Projects Private Limited

Hospitality company providing hotel and restaurant services since 2004 in Ahmedabad, Gujarat.

2004 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Majestic Projects Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.81 M
  • Company Age 21 Year, 9 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.20 Cr
  • Satisfied Charges ₹ 5.41 Cr
  • Revenue Growth 80.12%
  • Profit Growth 2756.19%
  • Ebitda 133.25%
  • Net Worth 7.06%
  • Total Assets -1.68%

About Majestic Projects

Majestic Projects Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 February 2004 and has a history of 21 years. Its registered office is in Ahmedabad, Gujarat, 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 4.00 M and a paid-up capital of Rs 3.81 M.

The company currently has active open charges totaling ₹3.20 Cr. The company has closed loans amounting to ₹5.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Girish Doulatani, Dinesh Advani, Namita Doulatani, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101GJ2004PTC043693

  • Company No.

    043693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 2004

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Travel and Hospitality

Who are the key members and board of directors at Majestic Projects?

Board Members (8)

NameDesignationAppointment DateStatus
Simran Advani Country flag representing In Additional Director 16-Jun-2017Current
Girish Doulatani Country flag representing In Director 15-Dec-2011Current
Dinesh Advani Country flag representing In Director 25-Jan-2005Current
Namita Doulatani Country flag representing In Additional Director 16-Jun-2017Current
Poonam Advani Country flag representing In Director 01-Dec-2008Current
Kushal Doulatani Country flag representing In Director 15-Dec-2011Current

Financial Performance of Majestic Projects.

Majestic Projects Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 80.12% increase. The company also saw a substantial improvement in profitability, with a 2756.19% increase in profit. The company's net worth moved up by a moderate rise of 7.06%.

Majestic Projects revenue growth over time
Majestic Projects profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
80.12%
Revenue from Operations
80.23%
Total Assets
-1.68%
Profit or Loss
2756.19%
Net Worth
7.06%
EBITDA
133.25%

What is the Ownership and Shareholding Structure of Majestic Projects?

In 2022, Majestic Projects had a public holding of 25.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.00 M

Satisfied Charges

₹54.10 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 2.85 Cr
  • Axis Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
01 Feb 2022Bank Of India₹2.85 CrOpen
11 Sep 2014Axis Bank Limited₹3.50 MOpen
20 Feb 2019Axis Bank Limited₹7.50 MSatisfied
30 Mar 2006Bank Of India₹4.66 CrSatisfied

How Many Employees Work at Majestic Projects?

Unlock and access historical data on people associated with Majestic Projects, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Majestic Projects Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Majestic Projects, 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 Projects's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Projects

Recent activity within the organization

  • Annual General Meeting

    Majestic Projects Private Limited last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Majestic Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Bank Of India amounted to Rs. 28.50 M with Charge ID 100536619 was registered on 01 Feb 2022.

  • Charges

    A charge registered on 20 Feb 2019 via Charge ID 100245500 with Axis Bank Limited was fully satisfied on 01 Feb 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.50 M with Charge ID 100245500 was registered on 20 Feb 2019.

  • Charges

    A charge registered on 30 Mar 2006 via Charge ID 10002212 with Bank Of India was fully satisfied on 12 Jun 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Majestic Projects Private Limited?

    Majestic Projects Private Limited was incorporated on 26 Feb 2004.

  • What is authorized share capital and paid-up capital of Majestic Projects Private Limited?

    The authorized share capital of Majestic Projects Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.81 M.

  • Who are the current board members & directors of Majestic Projects Private Limited?

    Currently 8 directors are associated with Majestic Projects Private Limited.

    • Girish Amarlal Doulatani
    • Dinesh Sajan Advani
    • Namita Prakash Doulatani
    • Poonam Dinesh Advani
    • Kushal Prakash Doulatani
    • Yash Dinesh Advani
    • Simran Dinesh Advani
    • Prakash Amarlal Doulatani

  • What is the registered address of Majestic Projects Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Majestic Projects Private Limited is The Metropole Hotel F.P No 591 Opp Madhuram Tower R.T.O. Circle Subhash Bridge, India, Ahmedabad, Gujarat, 380027.

  • What is the corporate identification number (CIN) and company number of Majestic Projects Private Limited?

    The corporate identification number (CIN) of Majestic Projects Private Limited is U55101GJ2004PTC043693 and the company number is 043693 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Majestic Projects Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Majestic Projects Private Limited has risen by 80.12%.

  • What change has been observed in the net worth of Majestic Projects Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Majestic Projects Private Limited has experienced an upsurge of 7.06%.

  • What are the total open charges for Majestic Projects Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Majestic Projects Private Limited amount to ₹ 3.20 Cr.

  • When was the last Balance Sheet of Majestic Projects Private Limited filed with the ROC?

    The most recent Balance Sheet for Majestic Projects Private Limited was filed with the ROC on 31 Mar 2024.

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