Redco Hotels Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 16 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- 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 nine 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 2024. 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.
Shakeel Ladak and Amrita Ladak 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
U55101MH2008PTC183694
- Company No.
183694
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jun 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shakeel Ladak  | Director | 19-Jun-2008 | Current |
| Amrita Ladak | Director | 01-Apr-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
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Shakeel Ladak and Amrita Ladak are mutual person
- Azara Advisors Llp
Shakeel Ladak and Amrita Ladak are mutual person
- Captiosus Consulting Llp
Shakeel Ladak is a mutual person
- Azara Entertainments Llp
Shakeel Ladak and Amrita Ladak are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 May 2023 | Others | ₹9.24 Cr | Open |
| 20 May 2023 | Others | ₹5.76 Cr | Open |
| 30 Jan 2023 | Hdfc Bank Limited | ₹2.00 Cr | Open |
| 17 Sep 2011 | Central Bank Of India | ₹45.00 Cr | Satisfied |
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.
Deals i
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
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 Redco Hotels
Recent activity within the organization
- Annual General Meeting
Redco Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Redco Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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.
- 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.
- Charges
A charge registered on 17 Sep 2011 via Charge ID 10308872 with Central Bank Of India was fully satisfied on 30 Sep 2023.
- Charges
A charge with Others amounted to Rs. 9.24 Cr with Charge ID 100736170 was registered on 20 May 2023.
Recent News, Updates & Announcement
Redstone Group gives its marketing mandate to Chimp&Z Inc.The agency’s Mumbai office will manage both offline and online marketing duties for the real estate development company.
Frequently asked questions
What is the Incorporation or founding date of Redco Hotels Private Limited?
Redco Hotels Private Limited was incorporated on 19 Jun 2008.
What is authorized share capital and paid-up capital of Redco Hotels Private Limited?
The authorized share capital of Redco Hotels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Redco Hotels Private Limited?
Currently 2 directors are associated with Redco Hotels Private Limited.
- Shakeel Afzal Ladak
- Amrita Arora Ladak
What is the registered address of Redco Hotels Private Limited?
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) India, Mumbai, Maharashtra, 400050.
What is the corporate identification number (CIN) and company number of Redco Hotels Private Limited?
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).
What is the official website of Redco Hotels Private Limited?
The Official website of Redco Hotels Private Limited is https://www.redstonegroup.in
What has been the recent revenue trend for Redco Hotels Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Redco Hotels Private Limited has risen by 59.28%.
What change has been observed in the net worth of Redco Hotels Private Limited, and by what percentage?
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%.
What are the total open charges for Redco Hotels Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Redco Hotels Private Limited amount to ₹ 17.00 Cr.
When was the last Balance Sheet of Redco Hotels Private Limited filed with the ROC?
The most recent Balance Sheet for Redco Hotels Private Limited was filed with the ROC on 31 Mar 2024.
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