Ras Resorts And Apart Hotels Ltd

Founded in 1985 and headquartered in Maharashtra, India.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Ras Resorts And Apart Hotels Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 3.97 Cr
  • Company Age 40 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.19 Cr
  • Satisfied Charges ₹ 5.29 Cr
  • Revenue Growth 64.25%
  • Profit Growth -104.74%
  • Ebitda 12.21%
  • Net Worth 5.58%
  • Total Assets 4.07%

About Ras Resorts And Apart Hotels

Ras Resorts And Apart Hotels Ltd (RRAAHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 1985 and has a history of 40 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507966.

The Corporate was formerly known as Ras Resorts And Apart 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 2024. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 3.97 Cr.

The company currently has active open charges totaling ₹9.19 Cr. The company has closed loans amounting to ₹5.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ras Resorts And Apart Hotels Ltd India are Vishamber Shewakramani as CFO and Maitri Gala as Company Secretary. Nalini Shewakramani, Vishamber Shewakramani, Gautam Shewakramani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rrahl.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L45200MH1985PLC035044

  • Company No.

    035044

  • Stock Symbol

    BSE : 507966

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 1985

  • Date of AGM

    24 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

What products or services does Ras Resorts And Apart Hotels Ltd offer?

Ras Resorts And Apart Hotels Ltd offers a wide range of products and services, including Hotels Accommodation Service, Furnished Rooms, Suite Rooms Service, Accommodation Services, Hotel Bookings.

Who are the key members and board of directors at Ras Resorts And Apart Hotels?

Executive Team (3)

NameDesignationAppointment DateStatus
Vishamber Shewakramani Country flag representing Au Managing Director10-Jan-1985Current
Vishamber Shewakramani Country flag representing In CFO31-Jan-2015Current
Maitri Gala Company Secretary16-Aug-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Gautam Shewakramani Country flag representing Au Director 30-Jan-2001Current
Nalini Shewakramani Country flag representing Au Whole-Time Director 17-May-1985Current
Rahul Shewakramani Country flag representing Au Director 29-May-2015Current
Saifuddin Attar Country flag representing In Director 16-Aug-2024Current
Kapil Somani Director 16-Aug-2024Current

Financial Performance of Ras Resorts And Apart Hotels.

Ras Resorts And Apart Hotels Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 64.25% increase. The company also saw a substantial fall in profitability, with a 104.74% decrease in profit. The company's net worth moved up by a moderate rise of 5.58%.

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
64.25%
Revenue from Operations
64.35%
Total Assets
4.07%
Profit or Loss
-104.74%
Net Worth
5.58%
EBITDA
12.21%

What is the Ownership and Shareholding Structure of Ras Resorts And Apart Hotels?

In 2023, Ras Resorts And Apart Hotels had a promoter holding of 74.34% and a public holding of 25.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.19 Cr

Satisfied Charges

₹5.29 Cr

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 6.68 Cr
  • Indian Bank : 2.51 Cr

Latest Charge Details

DateLenderAmountStatus
18 Aug 2022Indian Bank₹4.14 MOpen
29 Sep 2021Indian Bank₹8.20 MOpen
19 Aug 2020Indian Bank₹4.60 MOpen
14 Jul 2020Indian Bank₹8.20 MOpen
04 Oct 2007Allahabad Bank₹6.68 CrOpen

How Many Employees Work at Ras Resorts And Apart Hotels?

Ras Resorts And Apart Hotels has a workforce of 33 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ras Resorts And Apart 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 Ras Resorts And Apart 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 Ras Resorts And Apart Hotels

Recent activity within the organization

  • Annual General Meeting

    Ras Resorts And Apart Hotels Ltd last Annual general meeting of members was held on 24 Aug 2024 as per latest MCA records.

    24 Aug 2024

  • Director Appointment

    Saifuddin Abdullah Attar was appointed as a Director was appointed as a Director on 16 Aug 2024 & has been associated with this company since 6 months 8 days .

    16 Aug 2024

  • Director Appointment

    Kapil Shashiranjan Somani was appointed as a Director was appointed as a Director on 16 Aug 2024 & has been associated with this company since 6 months 8 days .

    16 Aug 2024

  • Director Appointment

    Maitri Sagar Gala was appointed as a Company Secretary was appointed as a Company Secretary on 16 Aug 2024 & has been associated with this company since 6 months 8 days .

    16 Aug 2024

  • Balance Sheet

    Ras Resorts And Apart Hotels Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 25 Sep 2007 via Charge ID 10071179 with Allahabad Bank was fully satisfied on 28 Feb 2024.

    28 Feb 2024

Frequently asked questions

  • Ras Resorts And Apart Hotels Ltd was incorporated on 10 Jan 1985.

  • The authorized share capital of Ras Resorts And Apart Hotels Ltd is ₹ 12.00 Cr and paid-up capital is ₹ 3.97 Cr.

  • Currently 8 directors are associated with Ras Resorts And Apart Hotels Ltd.

    • Nalini Shewakramani
    • Vishamber Tekchand Shewakramani
    • Gautam Shewakramani
    • Rahul Shewakramani
    • Saifuddin Abdullah Attar
    • Kapil Shashiranjan Somani
    • Vishamber Shewakramani
    • Maitri Sagar Gala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ras Resorts And Apart Hotels Ltd is Rosewood Chambers99/C Tulsiwadi Tardeo India, Mumbai, Maharashtra, 400034.

  • The corporate identification number (CIN) of Ras Resorts And Apart Hotels Ltd is L45200MH1985PLC035044 and the company number is 035044 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ras Resorts And Apart Hotels Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Ras Resorts And Apart Hotels Ltd is https://www.rrahl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ras Resorts And Apart Hotels Ltd has risen by 64.25%.

  • As Per 2023 financial reports, 33 employees are currently employed by Ras Resorts And Apart Hotels Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ras Resorts And Apart Hotels Ltd has experienced an upsurge of 5.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ras Resorts And Apart Hotels Ltd amount to ₹ 9.19 Cr.

  • The most recent Balance Sheet for Ras Resorts And Apart Hotels Ltd was filed with the ROC on 31 Mar 2024.

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