Punjab Ashok Hotel Company Limited

JV between two tourism corporations, no business activity for 2 years, hotel projects on hold due to lack of funds.

1998 | Chandigarh, Chandigarh (India) | Active
Last Updated: July 28, 2024

Punjab Ashok Hotel Company Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.30 M
  • Revenue Growth %
  • Profit Growth 12.19%
  • Ebitda 12.19%
  • Net Worth -0.29%
  • Total Assets 0.61%

About Punjab Ashok Hotel Company

Punjab Ashok Hotel Company Limited (PAHCL) is a Private Limited State Government Company incorporated in India on 11 November 1998 and has a history of 26 years and three months. Its registered office is in Chandigarh, Chandigarh, India.

The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.50 Cr.

The company currently has active open charges totaling ₹2.30 M.

Mohammed Basha and Lokesh Aggarwal serve as directors at the Company.

Company Details

  • Location

    Chandigarh, Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202CH1998SGC021936

  • Company No.

    021936

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    11 Nov 1998

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Agriculture

Who are the key members and board of directors at Punjab Ashok Hotel Company?

Board Members (2)

NameDesignationAppointment DateStatus
Mohammed Basha Country flag representing In Nominee Director 19-May-2022Current
Lokesh Aggarwal Country flag representing In Nominee Director 07-Sep-2022Current

Financial Performance of Punjab Ashok Hotel Company.

Punjab Ashok Hotel Company Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 12.19% increase in profit. The company's net worth dipped by a decrease of 0.29%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
0.61%
Profit or Loss
12.19%
Net Worth
-0.29%
EBITDA
12.19%

What is the Ownership and Shareholding Structure of Punjab Ashok Hotel Company?

In 2023, Punjab Ashok Hotel Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.23 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.23 Cr

Latest Charge Details

DateLenderAmountStatus
21 Oct 2005Bank Of Baroda₹1.60 MOpen
21 Jan 2005Bank Of Baroda₹0.70 MOpen

How Many Employees Work at Punjab Ashok Hotel Company?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punjab Ashok Hotel Company, 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 Punjab Ashok Hotel Company'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 Punjab Ashok Hotel Company

Recent activity within the organization

  • Annual General Meeting

    Punjab Ashok Hotel Company Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Punjab Ashok Hotel Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Lokesh Kumar Aggarwal was appointed as a Nominee Director was appointed as a Nominee Director on 07 Sep 2022 & has been associated with this company since 2 years 5 months .

    07 Sep 2022

  • Director Appointment

    Mohammed Nayeem Basha was appointed as a Nominee Director was appointed as a Nominee Director on 19 May 2022 & has been associated with this company since 2 years 9 months .

    19 May 2022

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 0.16 Cr with Charge ID 90171557 was registered on 21 Oct 2005.

    21 Oct 2005

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 0.07 Cr with Charge ID 90171472 was registered on 21 Jan 2005.

    21 Jan 2005

Frequently asked questions

  • Punjab Ashok Hotel Company Limited was incorporated on 11 Nov 1998.

  • The authorized share capital of Punjab Ashok Hotel Company Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.50 Cr.

  • Currently 2 directors are associated with Punjab Ashok Hotel Company Limited.

    • Mohammed Nayeem Basha
    • Lokesh Kumar Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Ashok Hotel Company Limited is Plot No. 3 Sector 38A, Chandigarh, India, 160036.

  • The corporate identification number (CIN) of Punjab Ashok Hotel Company Limited is U45202CH1998SGC021936 and the company number is 021936 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Punjab Ashok Hotel Company Limited has experienced an downturn of -0.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Punjab Ashok Hotel Company Limited amount to ₹ 2.30 M.

  • The most recent Balance Sheet for Punjab Ashok Hotel Company Limited was filed with the ROC on 31 Mar 2023.

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