Palaka Hospitality Private Limited

Provides hospitality and related services since 2009, based in Bangalore.

2009 | Bangaluru, Karnataka (India) | Active
Last Updated:

Palaka Hospitality Profile

Key Indicators

  • Authorised Capital ₹ 0.60 M
  • Paid Up Capital ₹ 0.42 M
  • Company Age 15 Year, 4 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 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 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

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101KA2009PTC051535

  • Company No.

    051535

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2009

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality
Company report

Palaka Hospitality Private Limited

Explore comprehensive data for Palaka Hospitality Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Palaka Hospitality?

Board Members (3)

NameDesignationAppointment DateStatus
Gopal Kulkarni Country flag representing In Director 09-Sep-2010Current
Srinivas Govindiah Country flag representing In Additional Director 08-May-2011Current
Vinayakk Harshvardhana Country flag representing In Director 18-Nov-2009Current

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%.

Palaka Hospitality revenue growth over time
Palaka Hospitality 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
51.83%
Revenue from Operations
51.33%
Total Assets
-1.70%
Profit or Loss
99.97%
Net Worth
-0.11%
EBITDA
133.67%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Mysore : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2010State Bank Of Mysore₹8.00 MOpen

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.

Employee growth trends for Palaka Hospitality Private Limited

Deals i

Graph showing company valuation over time

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

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 Palaka Hospitality

Recent activity within the organization

  • Annual General Meeting

    Palaka Hospitality Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Palaka Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

  • Director Appointment

    Srinivas Govindiah was appointed as a Additional Director was appointed as a Additional Director on 08 May 2011 & has been associated with this company since 13 years 10 months .

  • Director Appointment

    Gopal Krishna Kulkarni was appointed as a Director was appointed as a Director on 09 Sep 2010 & has been associated with this company since 14 years 6 months .

  • Charges

    A charge with State Bank Of Mysore amounted to Rs. 8.00 M with Charge ID 10231507 was registered on 31 Mar 2010.

  • Director Appointment

    Vinayakk Harshvardhana was appointed as a Director was appointed as a Director on 18 Nov 2009 & has been associated with this company since 15 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Palaka Hospitality Private Limited?

    Palaka Hospitality Private Limited was incorporated on 18 Nov 2009.

  • What is authorized share capital and paid-up capital of Palaka Hospitality Private Limited?

    The authorized share capital of Palaka Hospitality Private Limited is ₹ 0.60 M and paid-up capital is ₹ 0.42 M.

  • Who are the current board members & directors of Palaka Hospitality Private Limited?

    Currently 3 directors are associated with Palaka Hospitality Private Limited.

    • Gopal Krishna Kulkarni
    • Srinivas Govindiah
    • Vinayakk Harshvardhana

  • What is the registered address of Palaka Hospitality Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palaka Hospitality Private Limited is No. 104, 1 House Of Lords St. Marks Road India, Bangalore, Karnataka, 560001.

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

    The corporate identification number (CIN) of Palaka Hospitality Private Limited is U55101KA2009PTC051535 and the company number is 051535 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Palaka Hospitality Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Palaka Hospitality Private Limited has risen by 51.83%.

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

    The financial reports for the fiscal year 2019 indicates that The net worth of Palaka Hospitality Private Limited has experienced an downturn of -0.11%.

  • What are the total open charges for Palaka Hospitality Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Palaka Hospitality Private Limited amount to ₹ 8.00 M.

  • When was the last Balance Sheet of Palaka Hospitality Private Limited filed with the ROC?

    The most recent Balance Sheet for Palaka Hospitality Private Limited was filed with the ROC on 31 Mar 2019.

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