Park Nest Hotels Private Limited

This company operates restaurants, bars, and provides banquet services, as well as resorts and other entertainment facilities.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: February 06, 2025

Park Nest Hotels Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 3.13 M
  • Company Age 26 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.85 Cr
  • Revenue Growth 47.11%
  • Profit Growth 177.68%
  • Ebitda 372.62%
  • Net Worth 14.59%
  • Total Assets -6.92%

About Park Nest Hotels

Park Nest Hotels Private Limited (PNHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 February 1999 and has a history of 26 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 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 3.13 M.

The company has closed loans amounting to ₹4.85 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kishore Shetty, Sonal Shetty, and Toshin Shetty serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ivymumbai.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101MH1999PTC118573

  • Company No.

    118573

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Park Nest Hotels?

Financial Performance of Park Nest Hotels.

Park Nest Hotels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.11% increase. The company also saw a substantial improvement in profitability, with a 177.68% increase in profit. The company's net worth Soared by an impressive increase of 14.59%.

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
47.11%
Revenue from Operations
58.59%
Total Assets
-6.92%
Profit or Loss
177.68%
Net Worth
14.59%
EBITDA
372.62%

What is the Ownership and Shareholding Structure of Park Nest Hotels?

Unlock access to Park Nest Hotels'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

₹0

Satisfied Charges

₹4.85 Cr

Charges Breakdown by Lending Institutions

  • The Shamrao Vithal Co-Op Bank Ltd. : 3.60 Cr
  • Bank Of Baroda : 1.25 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jan 2008Bank Of Baroda₹1.25 CrSatisfied
25 Mar 2003The Shamrao Vithal Co-Op Bank Ltd.₹6.50 MSatisfied
02 Nov 2001The Shamrao Vithal Co-Op Bank Ltd.₹2.95 CrSatisfied

How Many Employees Work at Park Nest Hotels?

Park Nest Hotels has a workforce of 39 employees as of Apr 06, 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 Park Nest 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 Park Nest 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 Park Nest Hotels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Park Nest Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Toshin Kishore Shetty was appointed as a Director was appointed as a Director on 12 May 2023 & has been associated with this company since 1 year 9 months .

    12 May 2023

  • Charges

    A charge registered on 16 Jan 2008 via Charge ID 10158292 with Bank Of Baroda was fully satisfied on 18 Jun 2021.

    18 Jun 2021

  • Charges

    A charge with Bank Of Baroda of Rs. 1.25 Cr registered on 16 Jan 2008 with Charge ID 10158292 was modified on 04 Jun 2009.

    04 Jun 2009

  • Charges

    A charge registered on 25 Mar 2003 via Charge ID 90153961 with The Shamrao Vithal Co-Op Bank Ltd. was fully satisfied on 25 Mar 2009.

    25 Mar 2009

Frequently asked questions

  • What is the Incorporation or founding date of Park Nest Hotels Private Limited?

    Park Nest Hotels Private Limited was incorporated on 26 Feb 1999.

  • What is authorized share capital and paid-up capital of Park Nest Hotels Private Limited?

    The authorized share capital of Park Nest Hotels Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 3.13 M.

  • Who are the current board members & directors of Park Nest Hotels Private Limited?

    Currently 3 directors are associated with Park Nest Hotels Private Limited.

    • Kishore Muddu Shetty
    • Sonal Kishore Shetty
    • Toshin Kishore Shetty
  • What is the registered address of Park Nest Hotels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Park Nest Hotels Private Limited is 2/22 Kutch Castlederasar Lane Ghatkopar East India, Mumbai, Maharashtra, 400077.

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

    The corporate identification number (CIN) of Park Nest Hotels Private Limited is U55101MH1999PTC118573 and the company number is 118573 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Park Nest Hotels Private Limited?

    The Official website of Park Nest Hotels Private Limited is https://www.ivymumbai.com

  • What has been the recent revenue trend for Park Nest Hotels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Park Nest Hotels Private Limited has risen by 47.11%.

  • How many employees does Park Nest Hotels Private Limited currently have?

    As Per 2023 financial reports, 39 employees are currently employed by Park Nest Hotels Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Park Nest Hotels Private Limited has experienced an upsurge of 14.59%.

  • When was the last Balance Sheet of Park Nest Hotels Private Limited filed with the ROC?

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

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