Promenade Hospitality Private Limited

Provides hotel services since 2011 from Vadodara, Gujarat.

2011 | Vadodara, Gujarat (India) | Active
Last Updated:

Promenade Hospitality Profile

Key Indicators

  • Authorised Capital ₹ 8.87 Cr
  • Paid Up Capital ₹ 8.87 Cr
  • Company Age 14 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.11 Cr
  • Satisfied Charges ₹ 34.50 Cr
  • Revenue Growth -16.97%
  • Profit Growth -396.34%
  • Ebitda -25.52%
  • Net Worth -49.39%
  • Total Assets -16.03%

About Promenade Hospitality

Promenade Hospitality Private Limited (PHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 2011 and has a history of 14 years. Its registered office is in Vadodara, Gujarat, 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 8.87 Cr and a paid-up capital of Rs 8.87 Cr.

The company currently has active open charges totaling ₹17.11 Cr. The company has closed loans amounting to ₹34.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vipulkumar Thakkar, Ajay Patel, Munjal Vipul, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55200GJ2011PTC064345

  • Company No.

    064345

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Travel and Hospitality
Company report

Promenade Hospitality Private Limited

Explore comprehensive data for Promenade Hospitality Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Promenade Hospitality?

Executive Team (1)

NameDesignationAppointment DateStatus
Munjal Vipul Country flag representing In Managing Director10-Mar-2011Current

Board Members (4)

NameDesignationAppointment DateStatus
Devarshi Thakkar Country flag representing In Director 14-May-2011Current
Vipulkumar Thakkar Country flag representing In Director 10-Mar-2011Current
Ajay Patel Country flag representing In Director 28-Aug-2013Current
Hitesh Shah Country flag representing In Director 28-Aug-2013Current

Financial Performance of Promenade Hospitality.

Promenade Hospitality Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.97% decrease. The company also saw a substantial fall in profitability, with a 396.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.39%.

Promenade Hospitality revenue growth over time
Promenade Hospitality 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
-16.97%
Revenue from Operations
-18.02%
Total Assets
-16.03%
Profit or Loss
-396.34%
Net Worth
-49.39%
EBITDA
-25.52%

What is the Ownership and Shareholding Structure of Promenade Hospitality?

In 2023, Promenade Hospitality had a promoter holding of 67.24% and a public holding of 32.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.11 Cr

Satisfied Charges

₹34.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 17.11 Cr

Latest Charge Details

DateLenderAmountStatus
06 Nov 2024Others₹1.12 MOpen
31 Jul 2023Others₹16.00 CrOpen
26 Jul 2023Others₹1.00 CrOpen
09 May 2019Others₹7.50 CrSatisfied
29 Oct 2015Tourism Finance Corporation Of India Ltd₹13.50 CrSatisfied

How Many Employees Work at Promenade Hospitality?

Promenade Hospitality has a workforce of 79 employees as of Apr 03, 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.

Employee growth trends for Promenade Hospitality Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Promenade Hospitality, 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 Promenade Hospitality'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 Promenade Hospitality

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101002625 was registered on 06 Nov 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Promenade Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100769212 was registered on 31 Jul 2023.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100769207 was registered on 26 Jul 2023.

  • Charges

    A charge registered on 09 May 2019 via Charge ID 100263484 with Others was fully satisfied on 02 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Promenade Hospitality Private Limited?

    Promenade Hospitality Private Limited was incorporated on 10 Mar 2011.

  • What is authorized share capital and paid-up capital of Promenade Hospitality Private Limited?

    The authorized share capital of Promenade Hospitality Private Limited is ₹ 8.87 Cr and paid-up capital is ₹ 8.87 Cr.

  • Who are the current board members & directors of Promenade Hospitality Private Limited?

    Currently 5 directors are associated with Promenade Hospitality Private Limited.

    • Vipulkumar Purshottamdas Thakkar
    • Ajay Rameshbhai Patel
    • Munjal Thakkar Vipul
    • Devarshi Vipul Thakkar
    • Hitesh Narendrakumar Shah

  • What is the registered address of Promenade Hospitality Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Promenade Hospitality Private Limited is 17 18 Saptagiri Complex Opp. The Gateway Hotel Nr. Akota Garden, India, Vadodara, Gujarat, 390020.

  • What is the corporate identification number (CIN) and company number of Promenade Hospitality Private Limited?

    The corporate identification number (CIN) of Promenade Hospitality Private Limited is U55200GJ2011PTC064345 and the company number is 064345 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Promenade Hospitality Private Limited?

    The Official website of Promenade Hospitality Private Limited is https://www.promenadehospitality.com

  • What has been the recent revenue trend for Promenade Hospitality Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Promenade Hospitality Private Limited has fallen by -16.97%.

  • How many employees does Promenade Hospitality Private Limited currently have?

    As Per 2023 financial reports, 79 employees are currently employed by Promenade Hospitality Private Limited.

  • What change has been observed in the net worth of Promenade Hospitality Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Promenade Hospitality Private Limited has experienced an downturn of -49.39%.

  • What are the total open charges for Promenade Hospitality Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Promenade Hospitality Private Limited amount to ₹ 17.11 Cr.

  • When was the last Balance Sheet of Promenade Hospitality Private Limited filed with the ROC?

    The most recent Balance Sheet for Promenade Hospitality Private Limited was filed with the ROC on 31 Mar 2024.

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