Prestige Hospitality Ventures Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 6.00 Cr
- Company Age 7 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,492.00 Cr
- Satisfied Charges ₹ 330.00 Cr
- Revenue Growth -3.42%
- Profit Growth 24.49%
- Ebitda 37.59%
- Net Worth -7.49%
- Total Assets 12.07%
About Prestige Hospitality Ventures
Prestige Hospitality Ventures Limited (PHVL) is a Public Limited Indian Non-Government Company incorporated in India on 29 December 2017 (Seven years and one month 28 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Financial Services 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 1,000.00 Cr and a paid-up capital of Rs 6.00 Cr.
The company currently has active open charges totaling ₹2,492.00 Cr. The company has closed loans amounting to ₹330.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Noaman Razack, Irfanrazack, Rezwan Razack, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45500KA2017PLC109059
- Company No.
109059
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Dec 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Prestige Hospitality Ventures?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohmed Zaid  | Managing Director | 31-Aug-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Noaman Razack | Director | 29-Dec-2017 | Current |
| Irfanrazack | Director | 29-Dec-2017 | Current |
| Rezwan Razack | Director | 29-Dec-2017 | Current |
Financial Performance of Prestige Hospitality Ventures.
Prestige Hospitalityventures Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 3.42% decrease. The company also saw a substantial improvement in profitability, with a 24.49% increase in profit. The company's net worth dipped by a decrease of 7.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prestige Hospitality Ventures?
In 2022, Prestige Hospitality Ventures had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prestige Fashions Private LimitedNoaman Razack, Irfanrazack and 1 more are mutual person
K2k Infrastructure India Private LimitedIrfanrazack and Rezwan Razack are mutual person
Dashanya Tech Parkz Private LimitedMohmed Zaid is a mutual person
Prestige (Bkc) Realtors Private LimitedMohmed Zaid is a mutual person
- Prestige Estates Projects Limited
Noaman Razack, Irfanrazack and 1 more are mutual person
- Prestige Retail Ventures Limited
Noaman Razack, Irfanrazack and 1 more are mutual person
Charges (Loans)
Open Charges
₹2,492.00 Cr
Satisfied Charges
₹330.00 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 2142.00 Cr
- Others : 350.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2021 | Idbi Trusteeship Services Limited | ₹2,142.00 Cr | Open |
| 05 Dec 2019 | Others | ₹350.00 Cr | Open |
| 24 Jan 2019 | Standard Chartered Bank | ₹330.00 Cr | Satisfied |
How Many Employees Work at Prestige Hospitality Ventures?
Prestige Hospitality Ventures has a workforce of 394 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 Prestige Hospitality Ventures, 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 Prestige Hospitality Ventures'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.
