Narangs International Hotels Private Limited

Hospitality company with hotels, inflight catering, bakery, and wind mill operations.

1979 | Mumbai, Maharashtra (India) | Active
Last Updated: December 28, 2024

Narangs International Hotels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 45 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.90 M
  • Satisfied Charges ₹ 100.08 Cr
  • Revenue Growth -63.95%
  • Profit Growth -130.32%
  • Ebitda -2273.50%
  • Net Worth -0.80%
  • Total Assets -8.36%

About Narangs International Hotels

Narangs International Hotels Private Limited (NIHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 March 1979 and has a history of 45 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mohan Hotels Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.10 Cr.

The company currently has active open charges totaling ₹3.90 M. The company has closed loans amounting to ₹100.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Narangs International Hotels Private Limited India is Rajendra Wahal as CFO. Rajesh Narang, Vinay Mohan, Ramesh Narang, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U55101MH1979PTC045117

  • Company No.

    045117

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 1979

  • Date of AGM

    31 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Narangs International Hotels?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajendra Wahal CFOCurrent
Ramesh Narang Country flag representing In Managing Director07-Mar-1979Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajesh Narang Country flag representing In Whole-Time Director 18-Sep-1982Current
Vinay Mohan Country flag representing In Additional Director 13-Mar-2024Current
Poonam Narang Country flag representing In Director 20-Mar-2023Current
Yashvardhan Goenka Country flag representing In Additional Director 13-Mar-2024Current
Sundaram Balasubramanian Country flag representing In Director 21-Apr-2023Current

Financial Performance of Narangs International Hotels.

Narangs International Hotels Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 63.95% decrease. The company also saw a substantial fall in profitability, with a 130.32% decrease in profit. The company's net worth dipped by a decrease of 0.8%.

Graph illustrating revenue growth over time
Graph showing 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
-63.95%
Revenue from Operations
-69.15%
Total Assets
-8.36%
Profit or Loss
-130.32%
Net Worth
-0.80%
EBITDA
-2273.50%

What is the Ownership and Shareholding Structure of Narangs International Hotels?

In 2021, Narangs International Hotels had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.39 Cr

Satisfied Charges

₹100.08 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.39 Cr

Latest Charge Details

DateLenderAmountStatus
14 Oct 2019Hdfc Bank Limited₹1.62 MOpen
14 Oct 2019Hdfc Bank Limited₹2.29 MOpen
14 Jul 2023Others₹9.97 CrSatisfied
01 Jun 2023Others₹75.00 CrSatisfied
11 Apr 2023Others₹5.00 CrSatisfied

How Many Employees Work at Narangs International Hotels?

Narangs International Hotels has a workforce of 439 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Narangs International 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 Narangs International Hotels'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 Narangs International Hotels

Recent activity within the organization

  • Charges

    A charge registered on 29 Jun 2018 via Charge ID 100192513 with Others was fully satisfied on 25 Jun 2024.

    25 Jun 2024

  • Charges

    A charge registered on 08 Jun 2018 via Charge ID 100192512 with Others was fully satisfied on 25 Jun 2024.

    25 Jun 2024

  • Charges

    A charge registered on 28 Feb 2018 via Charge ID 100168869 with Others was fully satisfied on 25 Jun 2024.

    25 Jun 2024

  • Charges

    A charge registered on 22 Feb 2018 via Charge ID 100168870 with Others was fully satisfied on 25 Jun 2024.

    25 Jun 2024

  • Charges

    A charge registered on 14 Jul 2023 via Charge ID 100753849 with Others was fully satisfied on 21 May 2024.

    21 May 2024

  • Charges

    A charge registered on 11 Apr 2023 via Charge ID 100713453 with Others was fully satisfied on 05 May 2024.

    05 May 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Narangs International Hotels Private Limited was incorporated on 07 Mar 1979.

  • The authorized share capital of Narangs International Hotels Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.10 Cr.

  • Currently 7 directors are associated with Narangs International Hotels Private Limited.

    • Rajendra Nath Wahal
    • Rajesh Rama Narang
    • Vinay Mohan
    • Ramesh Rama Narang
    • Poonam Ramesh Narang
    • Yashvardhan Pramodkumar Goenka
    • Sundaram Balasubramanian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Narangs International Hotels Private Limited is Ambassador Hotel Churchgate India, Mumbai, Maharashtra, 400020.

  • The corporate identification number (CIN) of Narangs International Hotels Private Limited is U55101MH1979PTC045117 and the company number is 045117 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Narangs International Hotels Private Limited is https://www.ambassadorindia.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Narangs International Hotels Private Limited has fallen by -63.95%.

  • As Per 2021 financial reports, 439 employees are currently employed by Narangs International Hotels Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Narangs International Hotels Private Limited has experienced an downturn of -0.80%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Narangs International Hotels Private Limited amount to ₹ 3.90 M.

  • The most recent Balance Sheet for Narangs International Hotels Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Hotel & Accommodation Services