Peerless Hotels Ltd.

Hospitality company with 3 properties and ISO certification, managed by Sarovar Hotels.

1990 | Kolkata, West Bengal (India) | Active
Last Updated: July 29, 2024

Peerless Hotels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.58 Cr
  • Company Age 34 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 21.50 Cr
  • Revenue Growth 86.40%
  • Profit Growth 131.09%
  • Ebitda 442.71%
  • Net Worth 2.36%
  • Total Assets 1.91%

About Peerless Hotels

Peerless Hotels Ltd. (PHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 October 1990 and has a history of 34 years and four months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Peerless Hotels & Travels 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 5.00 Cr and a paid-up capital of Rs 4.58 Cr.

The company has closed loans amounting to ₹21.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Peerless Hotels Ltd. India is Surajit Sen as COMPANY SECRETARY. Jayanta Roy, Debasree Roy, Soumendra Basu, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    peerlesshotels.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101WB1990PLC049988

  • Company No.

    049988

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 1990

  • Date of AGM

    27 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Travel and Hospitality

What products or services does Peerless Hotels Ltd. offer?

Peerless Hotels Ltd. offers a wide range of products and services, including Hotel Booking & Reservation Services, Hospitality Services, Corporate Events & Party Organizers, Entertainment Events, Travel Service, Andaman Tour Packages, Health Club Services, Fitness Club, Tour Packages, Domestic Tour.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Debasree Roy Country flag representing In Managing Director30-May-2022Current
Surajit Sen Country flag representing In Company Secretary26-May-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Soumendra Basu Country flag representing In Director 20-Dec-2022Current
Prabal Basu Country flag representing In Director 20-Dec-2022Current
Jayanta Roy Country flag representing In Director 29-Jun-2000Current
Supriyo Sinha Country flag representing In Director 25-Jun-2022Current
Shubhra Banerjee Country flag representing In Director 20-Dec-2022Current

Financial Performance of Peerless Hotels.

Peerless Hotels Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 86.4% increase. The company also saw a substantial improvement in profitability, with a 131.09% increase in profit. The company's net worth moved up by a moderate rise of 2.36%.

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
86.40%
Revenue from Operations
90.26%
Total Assets
1.91%
Profit or Loss
131.09%
Net Worth
2.36%
EBITDA
442.71%

What is the Ownership and Shareholding Structure of Peerless Hotels?

In 2023, Peerless Hotels had a promoter holding of 99.95% and a public holding of 0.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹21.50 Cr

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 15.50 Cr
  • Indian Bank : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2021Indian Bank₹6.00 CrSatisfied
09 May 2011Allahabad Bank₹15.50 CrSatisfied

How Many Employees Work at Peerless Hotels?

Peerless Hotels has a workforce of 357 employees as of Apr 02, 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 Peerless 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 Peerless 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 Peerless Hotels

Recent activity within the organization

  • Annual General Meeting

    Peerless Hotels Ltd. last Annual general meeting of members was held on 27 Jul 2023 as per latest MCA records.

    27 Jul 2023

  • Charges

    A charge registered on 29 Jun 2021 via Charge ID 100459088 with Indian Bank was fully satisfied on 12 Jun 2023.

    12 Jun 2023

  • Balance Sheet

    Peerless Hotels Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Soumendra Mohan Basu was appointed as a Director was appointed as a Director on 20 Dec 2022 & has been associated with this company since 2 years 2 months .

    20 Dec 2022

  • Director Appointment

    Prabal Basu was appointed as a Director was appointed as a Director on 20 Dec 2022 & has been associated with this company since 2 years 2 months .

    20 Dec 2022

  • Director Appointment

    Supriyo Sinha was appointed as a Director was appointed as a Director on 25 Jun 2022 & has been associated with this company since 2 years 7 months .

    25 Jun 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Peerless Hotels Ltd. was incorporated on 09 Oct 1990.

  • The authorized share capital of Peerless Hotels Ltd. is ₹ 5.00 Cr and paid-up capital is ₹ 4.58 Cr.

  • Currently 7 directors are associated with Peerless Hotels Ltd..

    • Jayanta Roy
    • Debasree Roy
    • Soumendra Mohan Basu
    • Prabal Basu
    • Supriyo Sinha
    • Shubhra Banerjee
    • Surajit Sen
  • As per Ministry of Corporate Affairs (Mca), the registered address of Peerless Hotels Ltd. is 12 J.L.Nehru Road, Kolkata, West Bengal, India, 700013.

  • The corporate identification number (CIN) of Peerless Hotels Ltd. is U55101WB1990PLC049988 and the company number is 049988 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Peerless Hotels Ltd. is https://www.peerlesshotels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Peerless Hotels Ltd. has risen by 86.40%.

  • As Per 2023 financial reports, 357 employees are currently employed by Peerless Hotels Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Peerless Hotels Ltd. has experienced an upsurge of 2.36%.

  • The most recent Balance Sheet for Peerless Hotels Ltd. was filed with the ROC on 31 Mar 2023.

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