Parag Hotels And Resorts P Ltd

Hospitality company with hotels and restaurants, established in 1994 in Mumbai.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: January 30, 2025

Parag Hotels And Resorts P Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.69 M
  • Company Age 31 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.64 Cr
  • Satisfied Charges ₹ 11.05 Cr
  • Revenue Growth 63.08%
  • Profit Growth 64.43%
  • Ebitda 345.37%
  • Net Worth 38.10%
  • Total Assets -3.02%

About Parag Hotels And Resorts P

Parag Hotels And Resorts P Ltd (PHARPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 February 1994 and has a history of 31 years. Its registered office is in Mumbai, Maharashtra, 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 5.00 M and a paid-up capital of Rs 2.69 M.

The company currently has active open charges totaling ₹4.64 Cr. The company has closed loans amounting to ₹11.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raghu Shetty, Harini Shetty, and Roshan Shetty serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55200MH1994PTC076461

  • Company No.

    076461

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Parag Hotels And Resorts P?

Board Members (3)

NameDesignationAppointment DateStatus
Raghu Shetty Country flag representing In Director 20-Feb-1999Current
Harini Shetty Country flag representing In Director 07-Feb-1994Current
Roshan Shetty Country flag representing In Director 27-Mar-2017Current

Financial Performance of Parag Hotels And Resorts P.

Parag Hotels And Resorts P Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 63.08% increase. The company also saw a substantial improvement in profitability, with a 64.43% increase in profit. The company's net worth Soared by an impressive increase of 38.1%.

Graph illustrating revenue growth over time
Graph showing 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
63.08%
Revenue from Operations
177.19%
Total Assets
-3.02%
Profit or Loss
64.43%
Net Worth
38.10%
EBITDA
345.37%

What is the Ownership and Shareholding Structure of Parag Hotels And Resorts P?

Unlock access to Parag Hotels And Resorts P's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.42 M

Satisfied Charges

₹110.50 M

Charges Breakdown by Lending Institutions

  • Others : 2.84 Cr
  • Hdfc Bank Limited : 1.80 Cr

Latest Charge Details

DateLenderAmountStatus
21 Nov 2022Hdfc Bank Limited₹1.50 MOpen
27 Apr 2021Others₹3.43 MOpen
30 Mar 2017Others₹2.50 CrOpen
27 Dec 2010Hdfc Bank Limited₹1.65 CrOpen
11 Nov 2010The Bharat Co-Operative Bank (Mumbai) Limited₹5.00 CrSatisfied

How Many Employees Work at Parag Hotels And Resorts P?

Parag Hotels And Resorts P has a workforce of 5 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parag Hotels And Resorts P, 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 Parag Hotels And Resorts P'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 Parag Hotels And Resorts P

Recent activity within the organization

  • Annual General Meeting

    Parag Hotels And Resorts P Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Parag Hotels And Resorts P Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 M with Charge ID 100652465 was registered on 21 Nov 2022.

    21 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 3.43 M with Charge ID 100504174 was registered on 27 Apr 2021.

    27 Apr 2021

  • Charges

    A charge registered on 11 Nov 2010 via Charge ID 10256906 with The Bharat Co-Operative Bank (Mumbai) Limited was fully satisfied on 31 Aug 2019.

    31 Aug 2019

  • Charges

    A charge registered on 09 Nov 2010 via Charge ID 10256905 with The Bharat Co-Operative Bank (Mumbai) Limited was fully satisfied on 31 Aug 2019.

    31 Aug 2019

Frequently asked questions

  • Parag Hotels And Resorts P Ltd was incorporated on 07 Feb 1994.

  • The authorized share capital of Parag Hotels And Resorts P Ltd is ₹ 5.00 M and paid-up capital is ₹ 2.69 M.

  • Currently 3 directors are associated with Parag Hotels And Resorts P Ltd.

    • Raghu Lokaya Shetty
    • Harini Raghu Shetty
    • Roshan Raghu Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parag Hotels And Resorts P Ltd is Paooillon Parknew Limk Rd Dhake Colony Andher (W) India, Mumabi, Maharashtra, 400054.

  • The corporate identification number (CIN) of Parag Hotels And Resorts P Ltd is U55200MH1994PTC076461 and the company number is 076461 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parag Hotels And Resorts P Ltd has risen by 63.08%.

  • As Per 2023 financial reports, 5 employees are currently employed by Parag Hotels And Resorts P Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parag Hotels And Resorts P Ltd has experienced an upsurge of 38.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parag Hotels And Resorts P Ltd amount to ₹ 4.64 Cr.

  • The most recent Balance Sheet for Parag Hotels And Resorts P Ltd was filed with the ROC on 31 Mar 2023.