Polo Hotels Limited

Hospitality company providing accommodation, food, and beverage services since 1994.

1994 | Panchkula, Haryana (India) | Under Insolvency
Last Updated:

Polo Hotels Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 22.37 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 62.82 Cr
  • Satisfied Charges ₹ 21.90 Cr
  • Revenue Growth -3.70%
  • Profit Growth -44.53%
  • Ebitda -53.53%
  • Net Worth -1.39%
  • Total Assets 5.11%

About Polo Hotels

Polo Hotels Limited (PHL) is Under Cirp company established on 15 Jul 1994 with its office registered at Panchkula, Haryana, India and has been running since 30 Year, 10 Months with a paid up capital of 22.37 Cr. According to MCA records, 8 Directors and 1 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Panchkula, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L55101HR1994PLC032355

  • Company No.

    032355

  • Stock Symbol

    BSE : 526687

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1994

  • Date of AGM

    25 Sep 2017

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Travel and Hospitality
Company report

Polo Hotels Limited

Explore comprehensive data for Polo Hotels Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Inderjit Moudgill Country flag representing In CFO14-Jun-2019Current
Amardeep Dahiya Country flag representing In Managing Director20-Apr-1999Current

Board Members (7)

NameDesignationAppointment DateStatus
Sita Ram Country flag representing In Additional Director 25-Mar-2019Current
Shibu Additional Director 01-Aug-2023Current
Paramjeet Kaur Country flag representing In Additional Director 22-Jun-2022Current
Gurpreet Toor Country flag representing In Director 14-Mar-2017Current
Dinesh Dureja Country flag representing In Additional Director 22-Nov-2022Current
Vikas Tibrewal Country flag representing In Director 20-Sep-2006Current

Financial Performance of Polo Hotels.

Polo Hotels Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.7% decrease. The company also saw a substantial fall in profitability, with a 44.53% decrease in profit. The company's net worth dipped by a decrease of 1.39%.

Polo Hotels revenue growth over time
Polo Hotels 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
-3.70%
Revenue from Operations
-4.20%
Total Assets
5.11%
Profit or Loss
-44.53%
Net Worth
-1.39%
EBITDA
-53.53%

What is the Ownership and Shareholding Structure of Polo Hotels?

In 2023, Polo Hotels had a promoter holding of 51.82% and a public holding of 48.18%. The company had 5 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹62.82 Cr

Satisfied Charges

₹21.90 Cr

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 44.00 Cr
  • Religare Finvest Limited : 8.65 Cr
  • Bank Of India : 5.25 Cr
  • Dewan Housing Finance Corporation Limited : 4.92 Cr

Latest Charge Details

DateLenderAmountStatus
24 Feb 2015Dewan Housing Finance Corporation Limited₹4.92 CrOpen
22 Jan 2015Bank Of India₹5.25 CrOpen
04 Nov 2014Religare Finvest Limited₹2.02 CrOpen
16 Jan 2013Allahabad Bank₹44.00 CrOpen
11 Jan 2012Religare Finvest Limited₹1.75 CrOpen

How Many Employees Work at Polo Hotels?

Unlock and access historical data on people associated with Polo Hotels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Polo Hotels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polo 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 Polo 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 Polo Hotels

Recent activity within the organization

  • Director Appointment

    Shibu was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Polo Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Dinesh Dureja was appointed as a Additional Director was appointed as a Additional Director on 22 Nov 2022 & has been associated with this company since 2 years 5 months .

  • Director Appointment

    Paramjeet Kaur was appointed as a Additional Director was appointed as a Additional Director on 22 Jun 2022 & has been associated with this company since 2 years 10 months .

  • Director Appointment

    Inderjit Moudgill was appointed as a Cfo was appointed as a Cfo on 14 Jun 2019 & has been associated with this company since 5 years 11 months .

  • Director Appointment

    Sita Ram was appointed as a Additional Director was appointed as a Additional Director on 25 Mar 2019 & has been associated with this company since 6 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Polo Hotels Limited?

    Polo Hotels Limited was incorporated on 15 Jul 1994.

  • What is authorized share capital and paid-up capital of Polo Hotels Limited?

    The authorized share capital of Polo Hotels Limited is ₹ 40.00 Cr and paid-up capital is ₹ 22.37 Cr.

  • Who are the current board members & directors of Polo Hotels Limited?

    Currently 9 directors are associated with Polo Hotels Limited.

    • Sita Ram
    • Shibu
    • Inderjit Moudgill
    • Paramjeet Kaur
    • Gurpreet Singh Toor
    • Dinesh Dureja
    • Vikas Tibrewal
    • Amardeep Singh Dahiya
    • Abhey Ram Dahiya

  • What is the registered address of Polo Hotels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Polo Hotels Limited is Hotel North Park Village Chowki India, Panchkula, Haryana, 134109.

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

    The corporate identification number (CIN) of Polo Hotels Limited is L55101HR1994PLC032355 and the company number is 032355 as per Ministry of Corporate Affairs (MCA).

  • Is Polo Hotels Limited registered with any stock exchange in India?

    Yes, Polo Hotels Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Polo Hotels Limited?

    The Official website of Polo Hotels Limited is https://www.polohotelsltd.com

  • What has been the recent revenue trend for Polo Hotels Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Polo Hotels Limited has fallen by -3.70%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Polo Hotels Limited has experienced an downturn of -1.39%.

  • What are the total open charges for Polo Hotels Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Polo Hotels Limited amount to ₹ 62.82 Cr.

  • When was the last Balance Sheet of Polo Hotels Limited filed with the ROC?

    The most recent Balance Sheet for Polo Hotels Limited was filed with the ROC on 31 Mar 2023.

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