Palaka Hospitality Profile
Key Indicators
- Authorised Capital ₹ 0.60 M
- Paid Up Capital ₹ 0.42 M
- Company Age 15 Year, 2 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 8.00 M
- Revenue Growth 51.83%
- Profit Growth 99.97%
- Ebitda 133.67%
- Net Worth -0.11%
- Total Assets -1.70%
About Palaka Hospitality
Palaka Hospitality Private Limited (PHPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 November 2009 and has a history of 15 years and two 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 2019. It's a company limited by shares with an authorized capital of Rs 0.60 M and a paid-up capital of Rs 0.42 M.
The company currently has active open charges totaling ₹8.00 M.
Gopal Kulkarni, Srinivas Govindiah, and Vinayakk Harshvardhana serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U55101KA2009PTC051535
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Company No.
051535
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Nov 2009
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Date of AGM
30 Sep 2019
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Date of Balance Sheet
31 Mar 2019
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Palaka Hospitality?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gopal Kulkarni
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Director | 09-Sep-2010 | Current |
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Srinivas Govindiah
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Additional Director | 08-May-2011 | Current |
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Vinayakk Harshvardhana
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Director | 18-Nov-2009 | Current |
Financial Performance of Palaka Hospitality.
Palaka Hospitality Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 51.83% increase. The company also saw a substantial improvement in profitability, with a 99.97% increase in profit. The company's net worth dipped by a decrease of 0.11%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Palaka Hospitality?
In 2019, Palaka Hospitality had a promoter holding of 24.00% and a public holding of 76.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sigma Punch Forms Private LimitedSrinivas Govindiah is a mutual person
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Perfint Healthcare Private LimitedGopal Kulkarni is a mutual person
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Ocio Hospitality Private LimitedGopal Kulkarni and Vinayakk Harshvardhana are mutual person
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Vithi Hospitality Private LimitedGopal Kulkarni and Vinayakk Harshvardhana are mutual person
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Dew Drops Hospitality Private Limited
Gopal Kulkarni and Vinayakk Harshvardhana are mutual person
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Sain Coatings Private Limited
Srinivas Govindiah is a mutual person
Charges (Loans)
₹8.00 M
₹0
Charges Breakdown by Lending Institutions
- State Bank Of Mysore : 0.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2010 | State Bank Of Mysore | ₹8.00 M | Open |
How Many Employees Work at Palaka Hospitality?
Unlock and access historical data on people associated with Palaka Hospitality, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Palaka Hospitality, 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 Palaka Hospitality'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.
