Nitesh Residency Hotels Private Limited

Develops and operates a 5-star deluxe hotel in Bangalore, India.

2006 | Bangaluru, Karnataka (India) | Active
Last Updated:

Nitesh Residency Hotels Profile

Key Indicators

  • Authorised Capital ₹ 950.00 Cr
  • Paid Up Capital ₹ 686.76 Cr
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 636.00 Cr
  • Satisfied Charges ₹ 312,819.41 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 four months. Its registered office is in Bangaluru, 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 2024. 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 ₹636.00 Cr. The company has closed loans amounting to ₹312,819.41 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. Nitesh Shetty, Steven Elwain, and Samuel Green serve as directors at the Company.

Company Details

  • Location

    Bangaluru, 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

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality
Company report

Nitesh Residency Hotels Private Limited

Explore comprehensive data for Nitesh Residency Hotels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Nitesh Residency Hotels?

Executive Team (2)

NameDesignationAppointment DateStatus
Nitesh Shetty Country flag representing In Managing Director02-Jan-2007Current
Makkigadde Shreepada Company Secretary12-Apr-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Steven Elwain Country flag representing Sg Director 06-Dec-2023Current
Samuel Green Country flag representing Nz Director 08-Jan-2024Current

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%.

Nitesh Residency Hotels revenue growth over time
Nitesh Residency Hotels 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
251.34%
Revenue from Operations
220.11%
Total Assets
-5.64%
Profit or Loss
64.68%
Net Worth
-11.21%
EBITDA
1372.43%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹636.00 Cr

Satisfied Charges

₹312,819.41 Cr

Charges Breakdown by Lending Institutions

  • Others : 636.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 2017Others₹318.00 CrOpen
31 Mar 2016Others₹318.00 CrOpen
30 Mar 2010State Bank Of India₹110.00 CrSatisfied
06 Dec 2007Idbi Trusteeship Services Limited₹190.00 CrSatisfied
12 Oct 2007State Bank Of India₹312,500.00 CrSatisfied

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.

Employee growth trends for Nitesh Residency Hotels Private Limited

Deals i

Graph showing company valuation over time

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

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 Nitesh Residency Hotels

Recent activity within the organization

  • Annual General Meeting

    Nitesh Residency Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 06 Dec 2007 via Charge ID 10085628 with Idbi Trusteeship Services Limited was fully satisfied on 16 Sep 2024.

  • Director Appointment

    Makkigadde Lakshminarayana Shreepada was appointed as a Company Secretary was appointed as a Company Secretary on 12 Apr 2024 & has been associated with this company since 1 year 28 days .

  • Balance Sheet

    Nitesh Residency Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Samuel Myer Ferguson Green was appointed as a Director was appointed as a Director on 08 Jan 2024 & has been associated with this company since 1 year 4 months .

  • Director Appointment

    Steven James Mc Elwain was appointed as a Director was appointed as a Director on 06 Dec 2023 & has been associated with this company since 1 year 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Nitesh Residency Hotels Private Limited?

    Nitesh Residency Hotels Private Limited was incorporated on 14 Dec 2006.

  • What is authorized share capital and paid-up capital of Nitesh Residency Hotels Private Limited?

    The authorized share capital of Nitesh Residency Hotels Private Limited is ₹ 950.00 Cr and paid-up capital is ₹ 686.76 Cr.

  • Who are the current board members & directors of Nitesh Residency Hotels Private Limited?

    Currently 4 directors are associated with Nitesh Residency Hotels Private Limited.

    • Nitesh Shetty
    • Steven James Mc Elwain
    • Samuel Myer Ferguson Green
    • Makkigadde Lakshminarayana Shreepada

  • What is the registered address of Nitesh Residency Hotels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nitesh Residency Hotels Private Limited is Level 4 B Wing, The Ritz Carlton Hotel 99 Residency Road India, Bangalore, Karnataka, 560025.

  • What is the corporate identification number (CIN) and company number of Nitesh Residency Hotels Private Limited?

    The corporate identification number (CIN) of Nitesh Residency Hotels Private Limited is U55101KA2006PTC041203 and the company number is 041203 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nitesh Residency Hotels Private Limited?

    The Official website of Nitesh Residency Hotels Private Limited is https://www.niteshgroup.com

  • What has been the recent revenue trend for Nitesh Residency Hotels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nitesh Residency Hotels Private Limited has risen by 251.34%.

  • How many employees does Nitesh Residency Hotels Private Limited currently have?

    As Per 2023 financial reports, 429 employees are currently employed by Nitesh Residency Hotels Private Limited.

  • What change has been observed in the net worth of Nitesh Residency Hotels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nitesh Residency Hotels Private Limited has experienced an downturn of -11.21%.

  • What are the total open charges for Nitesh Residency Hotels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Nitesh Residency Hotels Private Limited amount to ₹ 636.00 Cr.

  • When was the last Balance Sheet of Nitesh Residency Hotels Private Limited filed with the ROC?

    The most recent Balance Sheet for Nitesh Residency Hotels Private Limited was filed with the ROC on 31 Mar 2024.

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