Ramani Hotels Profile
Key Indicators
- Authorised Capital ₹ 39.00 Cr
- Paid Up Capital ₹ 36.28 Cr
- Company Age 43 Year, 5 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 five 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
Who are the key members and board of directors at Ramani Hotels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pooja Goyalka | Company Secretary | 10-Jul-2023 | Current |
| Ashok Shetty | CFO | 15-Apr-2015 | Current |
Vardaraj Shetty  | CEO | 17-Sep-2002 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vardaraj Shetty | Director and Ceo | 17-Sep-2002 | Current |
Hafida Haddouga  | Director | 17-Sep-2002 | Current |
| Ashok Shetty | Director | 15-Apr-2015 | Current |
| Jaya Shetty | Director | 12-Aug-2019 | Current |
| Rame Shetty | Director | 17-Mar-2010 | Current |
| Reda Shetty | Director | 23-Jul-2012 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Ramee Hotel Management Services Private LimitedVardaraj Shetty, Ashok Shetty and 1 more are mutual person
Creative Hotels Private LimitedVardaraj Shetty, Hafida Haddouga and 2 more are mutual person
Ramee Hotels Private LimitedVardaraj Shetty, Hafida Haddouga and 3 more are mutual person
Ramee Restaurant Private LimitedVardaraj Shetty, Ashok Shetty and 1 more are mutual person
Ramee Constructions Private LimitedVardaraj Shetty, Ashok Shetty and 2 more are mutual person
Ramee Recruitment Private LimitedAshok Shetty, Jaya Shetty and 1 more are mutual person
Charges (Loans)
₹156.60 Cr
₹97.10 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 112.65 Cr
- Axis Bank Limited : 43.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2024 | Indian Overseas Bank | ₹2.00 M | Open |
| 12 Jun 2024 | Axis Bank Limited | ₹24.59 Cr | Open |
| 14 Jul 2023 | Axis Bank Limited | ₹4.25 Cr | Open |
| 28 Apr 2023 | Axis Bank Limited | ₹15.00 Cr | Open |
| 19 May 2021 | Axis Bank Limited | ₹1.10 M | Open |
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.
Deals i
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
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.
