Promenade Hospitality Profile
Key Indicators
- Authorised Capital ₹ 8.87 Cr
as on 19-12-2024
- Paid Up Capital ₹ 8.87 Cr
as on 19-12-2024
- Company Age 13 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.11 Cr
as on 19-12-2024
- Satisfied Charges ₹ 34.50 Cr
as on 19-12-2024
- Revenue -32.90%
(FY 2021)
- Profit -485.53%
(FY 2021)
- Ebitda -143.47%
(FY 2021)
- Net Worth -54.26%
(FY 2021)
- Total Assets -8.39%
(FY 2021)
About Promenade Hospitality
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.
- 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
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Promenade Hospitality?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Munjal Vipul  | Managing Director | 10-Mar-2011 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Devarshi Thakkar | Director | 14-May-2011 | Current |
| Vipulkumar Thakkar | Director | 10-Mar-2011 | Current |
| Ajay Patel | Director | 28-Aug-2013 | Current |
| Hitesh Shah | Director | 28-Aug-2013 | Current |
Financial Performance and Corporate Structure Insights of Promenade Hospitality.
Promenade Hospitality Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.9% decrease. The company also saw a substantial fall in profitability, with a 485.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 54.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Promenade Hospitality?
In 2020, 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.
Related Corporates (Common Directorship)
Sapthagiri Hospitality Private LimitedActive 15 years 11 monthsVipulkumar Thakkar and Munjal Vipul are mutual person
- Vmd Consultancy & Infrahomes LlpActive 3 years 10 months
Vipulkumar Thakkar, Munjal Vipul and 1 more are mutual person
- Sitikantha Infrastructure Private LimitedActive 7 years 5 months
Vipulkumar Thakkar is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 06 Nov 2024 | ₹1.12 M | Open |
Others Creation Date: 31 Jul 2023 | ₹16.00 Cr | Open |
Others Creation Date: 26 Jul 2023 | ₹1.00 Cr | Open |
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.
Deals i
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
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.
