Redco Hotels Private Limited

Hotel company providing lodging, dining, and event services with a focus on luxury and partnership with Marriott.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: June 18, 2024

Redco Hotels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.00 Cr
  • Satisfied Charges ₹ 45.00 Cr
  • Revenue Growth 59.28%
  • Profit Growth 59.91%
  • Ebitda 17.84%
  • Net Worth 13.19%
  • Total Assets 7.45%

About Redco Hotels

Redco Hotels Private Limited (RHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 June 2008 and has a history of 16 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹17.00 Cr. The company has closed loans amounting to ₹45.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amrita Ladak and Shakeel Ladak serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    redstonegroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101MH2008PTC183694

  • Company No.

    183694

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

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

Board Members (2)

NameDesignationAppointment DateStatus
Amrita Ladak Country flag representing In Director 01-Apr-2019Current
Shakeel Ladak Country flag representing In Director 19-Jun-2008Current

Financial Performance of Redco Hotels.

Redco Hotels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.28% increase. The company also saw a substantial improvement in profitability, with a 59.91% increase in profit. The company's net worth Soared by an impressive increase of 13.19%.

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
59.28%
Revenue from Operations
62.25%
Total Assets
7.45%
Profit or Loss
59.91%
Net Worth
13.19%
EBITDA
17.84%

What is the Ownership and Shareholding Structure of Redco Hotels?

In 2023, Redco Hotels 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

₹17.00 Cr

Satisfied Charges

₹45.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr
  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 May 2023Others₹9.24 CrOpen
20 May 2023Others₹5.76 CrOpen
30 Jan 2023Hdfc Bank Limited₹2.00 CrOpen
17 Sep 2011Central Bank Of India₹45.00 CrSatisfied

How Many Employees Work at Redco Hotels?

Unlock and access historical data on people associated with Redco Hotels, 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 Redco 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 Redco 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 Redco Hotels

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 9.24 Cr registered on 20 May 2023 with Charge ID 100736170 was modified on 12 Jan 2024.

    12 Jan 2024

  • Charges

    A charge with Others of Rs. 5.76 Cr registered on 20 May 2023 with Charge ID 100736283 was modified on 12 Jan 2024.

    12 Jan 2024

  • Charges

    A charge registered on 17 Sep 2011 via Charge ID 10308872 with Central Bank Of India was fully satisfied on 30 Sep 2023.

    30 Sep 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 9.24 Cr with Charge ID 100736170 was registered on 20 May 2023.

    20 May 2023

  • Charges

    A charge with Others amounted to Rs. 5.76 Cr with Charge ID 100736283 was registered on 20 May 2023.

    20 May 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Redco Hotels Private Limited was incorporated on 19 Jun 2008.

  • The authorized share capital of Redco Hotels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Redco Hotels Private Limited.

    • Amrita Arora Ladak
    • Shakeel Afzal Ladak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Redco Hotels Private Limited is 5Th Floor Everest Co-Op. Hsg. Soc. Ltd. Bay City Building 164 Hill Road Bandra, (W), Mumbai, Maharashtra, India, 400050.

  • The corporate identification number (CIN) of Redco Hotels Private Limited is U55101MH2008PTC183694 and the company number is 183694 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Redco Hotels Private Limited is https://www.redstonegroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Redco Hotels Private Limited has risen by 59.28%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Redco Hotels Private Limited has experienced an upsurge of 13.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Redco Hotels Private Limited amount to ₹ 17.00 Cr.

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

People also Viewed

Similar Companies Based on Hotel & Accommodation Services