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 (India) | Active
Punjab Ashok Hotel Company Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 26 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- 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 six months. Its registered office is in 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 2024. 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, 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
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Agriculture
Punjab Ashok Hotel Company Limited
Explore comprehensive data for Punjab Ashok Hotel Company Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Punjab Ashok Hotel Company?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohammed Basha  | Nominee Director | 19-May-2022 | Current |
| Lokesh Aggarwal | Nominee Director | 07-Sep-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Pondicherry Ashok Hotel Corporation LimitedLokesh Aggarwal is a mutual person
India Tourism Development Corporation LimitedLokesh Aggarwal is a mutual person
- Ranchi Ashok Bihar Hotel Corporation Limited
Lokesh Aggarwal is a mutual person
- Utkal Ashok Hotel Corporation Limited
Lokesh Aggarwal is a mutual person
Charges (Loans)
Open Charges
₹0.23 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 0.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2005 | Bank Of Baroda | ₹1.60 M | Open |
| 21 Jan 2005 | Bank Of Baroda | ₹0.70 M | Open |
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.
Deals i
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
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.
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 25 Sep 2024 as per latest MCA records.
- Balance Sheet
Punjab Ashok Hotel Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- 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 8 months .
- 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 11 months .
- Charges
A charge with Bank Of Baroda amounted to Rs. 0.16 Cr with Charge ID 90171557 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Punjab Ashok Hotel Company Limited?
Punjab Ashok Hotel Company Limited was incorporated on 11 Nov 1998.
What is authorized share capital and paid-up capital of Punjab Ashok Hotel Company Limited?
The authorized share capital of Punjab Ashok Hotel Company Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.50 Cr.
Who are the current board members & directors of Punjab Ashok Hotel Company Limited?
Currently 2 directors are associated with Punjab Ashok Hotel Company Limited.
- Mohammed Nayeem Basha
- Lokesh Kumar Aggarwal
What is the registered address of Punjab Ashok Hotel Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Ashok Hotel Company Limited is Plot No. 3, Sector 38A India, Chandigarh, 160036.
What is the corporate identification number (CIN) and company number of Punjab Ashok Hotel Company Limited?
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).
What change has been observed in the net worth of Punjab Ashok Hotel Company Limited, and by what percentage?
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%.
What are the total open charges for Punjab Ashok Hotel Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Punjab Ashok Hotel Company Limited amount to ₹ 2.30 M.
When was the last Balance Sheet of Punjab Ashok Hotel Company Limited filed with the ROC?
The most recent Balance Sheet for Punjab Ashok Hotel Company Limited was filed with the ROC on 31 Mar 2024.
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