Nitesh Residency Hotels Profile
Key Indicators
- Authorised Capital ₹ 950.00 Cr
- Paid Up Capital ₹ 686.76 Cr
- Company Age 18 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 826.00 Cr
- Satisfied Charges ₹ 312,629.41 Cr
- Revenue Growth 251.34%
- Profit Growth 64.68%
- Ebitda 1372.43%
- Net Worth -11.21%
- Total Assets -5.64%
About Nitesh Residency Hotels
Nitesh Residency Hotels Private Limited (NRHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 December 2006 and has a history of 18 years and two months. Its registered office is in Bangalore, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 950.00 Cr and a paid-up capital of Rs 686.76 Cr.
The company currently has active open charges totaling ₹826.00 Cr. The company has closed loans amounting to ₹312,629.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nitesh Residency Hotels Private Limited India is Makkigadde Shreepada as COMPANY SECRETARY. Samuel Green, Steven Elwain, and Nitesh Shetty serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55101KA2006PTC041203
- Company No.
041203
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Dec 2006
- Date of AGM
19 Oct 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Nitesh Residency Hotels?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Makkigadde Shreepada | Company Secretary | 12-Apr-2024 | Current |
Nitesh Shetty  | Managing Director | 02-Jan-2007 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Samuel Green | Additional Director | 11-Jan-2024 | Current |
Steven Elwain  | Additional Director | Current |
Financial Performance of Nitesh Residency Hotels.
Nitesh Residency Hotels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 251.34% increase. The company also saw a substantial improvement in profitability, with a 64.68% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.21%.
- Key Matrics
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- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Nitesh Residency Hotels?
In 2023, Nitesh Residency Hotels 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)
Satchmo Holdings LimitedNitesh Shetty is a mutual person
Photo Concierge Private LimitedNitesh Shetty is a mutual person
Nitlogis Private LimitedNitesh Shetty is a mutual person
Nitesh Land Private LimitedNitesh Shetty is a mutual person
Nitstone Capital Private LimitedNitesh Shetty is a mutual person
- Nitstone Finserv Private Limited
Nitesh Shetty is a mutual person
Charges (Loans)
₹826.00 Cr
₹312,629.41 Cr
Charges Breakdown by Lending Institutions
- Others : 636.00 Cr
- Idbi Trusteeship Services Limited : 190.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2017 | Others | ₹318.00 Cr | Open |
| 31 Mar 2016 | Others | ₹318.00 Cr | Open |
| 06 Dec 2007 | Idbi Trusteeship Services Limited | ₹190.00 Cr | Open |
| 30 Mar 2010 | State Bank Of India | ₹110.00 Cr | Satisfied |
| 12 Oct 2007 | State Bank Of India | ₹312,500.00 Cr | Satisfied |
How Many Employees Work at Nitesh Residency Hotels?
Nitesh Residency Hotels has a workforce of 429 employees as of Mar 28, 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 Nitesh Residency 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 Nitesh Residency 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.
