Palm Grove Beach Hotels Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.76 Cr
- Company Age 45 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 466.87 Cr
- Satisfied Charges ₹ 562.70 Cr
- Revenue Growth 120.93%
- Profit Growth 86.59%
- Ebitda 1098.35%
- Net Worth -4.28%
- Total Assets -3.18%
About Palm Grove Beach Hotels
Palm Grove Beach Hotels Private Limited (PGBHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 October 1979 and has a history of 45 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Palm Grove Beach Hotels 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 2.00 Cr and a paid-up capital of Rs 1.76 Cr.
The company currently has active open charges totaling ₹466.87 Cr. The company has closed loans amounting to ₹562.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shyam Wadhwani, Sandeep Raheja, Durga Raheja, and One other member serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, 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
U55100MH1979PTC021760
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Company No.
021760
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Oct 1979
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Date of AGM
27 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Palm Grove Beach Hotels?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shyam Wadhwani
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Director | 15-Dec-2011 | Current |
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Sandeep Raheja
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Director | 25-Sep-1992 | Current |
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Durga Raheja
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Director | 15-May-1995 | Current |
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Bindoo Wadhwani
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Director | 15-Dec-2011 | Current |
Financial Performance of Palm Grove Beach Hotels.
Palm Grove Beach Hotels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 120.93% increase. The company also saw a substantial improvement in profitability, with a 86.59% increase in profit. The company's net worth dipped by a decrease of 4.28%.
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What is the Ownership and Shareholding Structure of Palm Grove Beach Hotels?
In 2023, Palm Grove Beach Hotels had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. 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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Unique Estates Development Company LimitedShyam Wadhwani, Sandeep Raheja and 1 more are mutual person
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K. Raheja Realty Services Private LimitedDurga Raheja and Bindoo Wadhwani are mutual person
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K Raheja Realty Private LimitedShyam Wadhwani, Sandeep Raheja and 1 more are mutual person
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Osmosis Agro And Developers Pvt LtdShyam Wadhwani and Bindoo Wadhwani are mutual person
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Toucan Agro And Developers Private Limited
Shyam Wadhwani and Bindoo Wadhwani are mutual person
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Dulcet Agro And Developers Private Limited
Shyam Wadhwani and Bindoo Wadhwani are mutual person
Charges (Loans)
₹466.87 Cr
₹562.70 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 251.35 Cr
- Others : 191.69 Cr
- Indian Overseas Bank : 23.25 Cr
- Allahabad Bank : 0.58 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2021 | Others | ₹41.69 Cr | Open |
| 20 Mar 2020 | Others | ₹150.00 Cr | Open |
| 21 Nov 2014 | Idbi Trusteeship Services Limited | ₹251.35 Cr | Open |
| 10 Jun 2014 | Indian Overseas Bank | ₹5.00 Cr | Open |
| 14 Jun 2002 | Indian Overseas Bank | ₹18.25 Cr | Open |
How Many Employees Work at Palm Grove Beach Hotels?
Palm Grove Beach Hotels has a workforce of 730 employees as of Apr 01, 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 Palm Grove Beach 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 Palm Grove Beach 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.
