Ramani Hotels Limited

Operates hotels and restaurants as part of Ramee Group, founded in 1981 and based in Mumbai.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ramani Hotels Profile

Key Indicators

  • Authorised Capital ₹ 39.00 Cr
  • Paid Up Capital ₹ 36.28 Cr
  • Company Age 43 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 156.60 Cr
  • Satisfied Charges ₹ 97.10 Cr
  • Revenue Growth 76.18%
  • Profit Growth 57.32%
  • Ebitda 162.53%
  • Net Worth -0.75%
  • Total Assets 0.28%

About Ramani Hotels

Ramani Hotels Limited (RHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 September 1981 and has a history of 43 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Ramani Hotels Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 39.00 Cr and a paid-up capital of Rs 36.28 Cr.

The company currently has active open charges totaling ₹156.60 Cr. The company has closed loans amounting to ₹97.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ramani Hotels Limited India are Pooja Goyalka as Company Secretary, Ashok Shetty as Cfo, and Vardaraj Shetty as Ceo. Vardaraj Shetty, Hafida Haddouga, Ashok Shetty, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101MH1981PLC025142

  • Company No.

    025142

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Sep 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality
Company report

Ramani Hotels Limited

Explore comprehensive data for Ramani Hotels Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ramani Hotels?

Executive Team (3)

NameDesignationAppointment DateStatus
Pooja Goyalka Company Secretary10-Jul-2023Current
Ashok Shetty CFO15-Apr-2015Current
Vardaraj Shetty Country flag representing In CEO17-Sep-2002Current

Board Members (7)

NameDesignationAppointment DateStatus
Vardaraj Shetty Country flag representing In Director and Ceo 17-Sep-2002Current
Hafida Haddouga Country flag representing Ae Director 17-Sep-2002Current
Ashok Shetty Country flag representing In Director 15-Apr-2015Current
Jaya Shetty Country flag representing In Director 12-Aug-2019Current
Rame Shetty Country flag representing In Director 17-Mar-2010Current
Reda Shetty Country flag representing In Director 23-Jul-2012Current

Financial Performance of Ramani Hotels.

Ramani Hotels Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 76.18% increase. The company also saw a substantial improvement in profitability, with a 57.32% increase in profit. The company's net worth dipped by a decrease of 0.75%.

Ramani Hotels revenue growth over time
Ramani Hotels 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
76.18%
Revenue from Operations
100.53%
Total Assets
0.28%
Profit or Loss
57.32%
Net Worth
-0.75%
EBITDA
162.53%

What is the Ownership and Shareholding Structure of Ramani Hotels?

In 2023, Ramani Hotels had a promoter holding of 7.66% and a public holding of 92.34%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹156.60 Cr

Satisfied Charges

₹97.10 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 112.65 Cr
  • Axis Bank Limited : 43.95 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jul 2024Indian Overseas Bank₹2.00 MOpen
12 Jun 2024Axis Bank Limited₹24.59 CrOpen
14 Jul 2023Axis Bank Limited₹4.25 CrOpen
28 Apr 2023Axis Bank Limited₹15.00 CrOpen
19 May 2021Axis Bank Limited₹1.10 MOpen

How Many Employees Work at Ramani Hotels?

Ramani Hotels has a workforce of 44 employees as of Mar 30, 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 Ramani Hotels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ramani Hotels, 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 Ramani Hotels'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 Ramani Hotels

Recent activity within the organization

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.20 Cr with Charge ID 100962069 was registered on 24 Jul 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 24.59 Cr with Charge ID 100942769 was registered on 12 Jun 2024.

  • Annual General Meeting

    Ramani Hotels Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.25 Cr with Charge ID 100763768 was registered on 14 Jul 2023.

  • Director Appointment

    Pooja Pramod Goyalka was appointed as a Company Secretary was appointed as a Company Secretary on 10 Jul 2023 & has been associated with this company since 1 year 10 months .

  • Charges

    A charge registered on 12 Feb 2021 via Charge ID 100434083 with Axis Bank Limited was fully satisfied on 19 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Ramani Hotels Limited?

    Ramani Hotels Limited was incorporated on 04 Sep 1981.

  • What is authorized share capital and paid-up capital of Ramani Hotels Limited?

    The authorized share capital of Ramani Hotels Limited is ₹ 39.00 Cr and paid-up capital is ₹ 36.28 Cr.

  • Who are the current board members & directors of Ramani Hotels Limited?

    Currently 10 directors are associated with Ramani Hotels Limited.

    • Vardaraj Manjappa Shetty
    • Hafida Haddouga
    • Ashok Muddu Shetty
    • Jaya Kuddu Shetty
    • Rame Vardaraj Shetty
    • Reda Vardaraj Shetty
    • Jayaprakash Shetty
    • Pooja Pramod Goyalka
    • Ashok Muddu Shetty
    • Vardaraj Manjappa Shetty

  • What is the registered address of Ramani Hotels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ramani Hotels Limited is 462 Abnair Road Juhu India, Mumbai, Maharashtra, 400049.

  • What is the corporate identification number (CIN) and company number of Ramani Hotels Limited?

    The corporate identification number (CIN) of Ramani Hotels Limited is U55101MH1981PLC025142 and the company number is 025142 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ramani Hotels Limited?

    The Official website of Ramani Hotels Limited is https://www.rameehotels.com

  • What has been the recent revenue trend for Ramani Hotels Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Ramani Hotels Limited has risen by 76.18%.

  • How many employees does Ramani Hotels Limited currently have?

    As Per 2022 financial reports, 44 employees are currently employed by Ramani Hotels Limited.

  • What change has been observed in the net worth of Ramani Hotels Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Ramani Hotels Limited has experienced an downturn of -0.75%.

  • What are the total open charges for Ramani Hotels Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Ramani Hotels Limited amount to ₹ 156.60 Cr.

  • When was the last Balance Sheet of Ramani Hotels Limited filed with the ROC?

    The most recent Balance Sheet for Ramani Hotels Limited was filed with the ROC on 31 Mar 2023.

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