Piem Hotels Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.81 Cr
- Company Age 56 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 140.00 Cr
- Revenue Growth 89.34%
- Profit Growth 2414.02%
- Ebitda 15396.07%
- Net Worth 7.37%
- Total Assets 3.74%
About Piem Hotels
Piem Hotels Limited (PHL) was founded in India on 13 March 1968 and has a glorious history of 56 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Piem Hotels Private 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.81 Cr.
The company has closed loans amounting to ₹140.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Piem Hotels Limited India is Farzana Billimoria as COMPANY SECRETARY. Moiz Miyajiwala, Rajkumar Nagpal, Hiroo Mirchandani, and Eight other members 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
U55101MH1968PLC013960
- Company No.
013960
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Mar 1968
- Date of AGM
28 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Piem Hotels?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Farzana Billimoria  | Company Secretary | 27-Sep-2007 | Current |
Puneet Chhatwal  | Managing Director | 24-Jan-2018 | Current |
| Sudhir Nagpal | Managing Director | 07-Dec-1989 | Current |
| Rajesh Nagpal | Managing Director | 03-Aug-1994 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suma Venkatesh | Director | 12-May-2018 | Current |
| Rohit Khosla | Director | 15-Jul-2015 | Current |
| Moiz Miyajiwala | Director | Current | |
| Hiroo Mirchandani | Director | 11-Nov-2021 | Current |
| Rajkumar Nagpal | Whole-Time Director | 13-Mar-1968 | Current |
| Ankur Dalwani | Additional Director | 12-Jul-2024 | Current |
Financial Performance of Piem Hotels.
Piem Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.34% increase. The company also saw a substantial improvement in profitability, with a 2414.02% increase in profit. The company's net worth moved up by a moderate rise of 7.37%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Piem Hotels?
In 2023, Piem Hotels had a promoter holding of 91.96% and a public holding of 8.04%. The company had 1 Subsidiary and 6 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tata Teleservices (Maharashtra) LimitedHiroo Mirchandani is a mutual person
Tata Teleservices LimitedHiroo Mirchandani is a mutual person
Sbi Funds Management LimitedMoiz Miyajiwala is a mutual person
Ador Welding LimitedNinotchka Nagpal is a mutual person
Msl Driveline Systems LimitedRajesh Nagpal is a mutual person
Ador Fontech LimitedNinotchka Nagpal is a mutual person
Charges (Loans)
₹0
₹140.00 Cr
Charges Breakdown by Lending Institutions
- The Hongkong & Shanghai Banking Corporation : 100.00 Cr
- Others : 40.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2021 | Others | ₹40.00 Cr | Satisfied |
| 06 Nov 2003 | The Hongkong & Shanghai Banking Corporation | ₹100.00 Cr | Satisfied |
How Many Employees Work at Piem Hotels?
Piem Hotels has a workforce of 668 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Piem 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 Piem 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.
