Rhythm Hospitality Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 10.01 Cr
- Company Age 31 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.92 Cr
- Satisfied Charges ₹ 23.50 Cr
- Revenue Growth 62.56%
- Profit Growth -23.52%
- Ebitda 26.67%
- Net Worth 13.24%
- Total Assets 9.32%
About Rhythm Hospitality
Rhythm Hospitality Private Limited (RHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 July 1993 and has a history of 31 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Rhythm Exports 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 11.00 Cr and a paid-up capital of Rs 10.01 Cr.
The company currently has active open charges totaling ₹9.92 Cr. The company has closed loans amounting to ₹23.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashok Jatia, Vaibhav Jatia, and Ashish Jaita serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65944MH1993PTC072876
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Company No.
072876
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Jul 1993
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Rhythm Hospitality?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Jatia
|
Director | 16-Oct-1993 | Current |
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Vaibhav Jatia
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Director | 08-Dec-2010 | Current |
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Ashish Jaita
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Director | 08-Dec-2010 | Current |
Financial Performance of Rhythm Hospitality.
Rhythm Hospitality Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.56% increase. The company also saw a substantial fall in profitability, with a 23.52% decrease in profit. The company's net worth Soared by an impressive increase of 13.24%.
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What is the Ownership and Shareholding Structure of Rhythm Hospitality?
In 2023, Rhythm Hospitality had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. 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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Ovo Advisory LlpAshok Jatia and Vaibhav Jatia are mutual person
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Jatia Family Ventures India Llp
Ashok Jatia, Vaibhav Jatia and 1 more are mutual person
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Echo Valley Developers Pvt Ltd
Ashok Jatia is a mutual person
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Vaj Marketing And Investments Private Limited
Ashok Jatia, Vaibhav Jatia and 1 more are mutual person
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Vaj Exports P Ltd
Ashok Jatia and Vaibhav Jatia are mutual person
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Jatia Family Hotels & Resorts Private Limited
Ashok Jatia, Vaibhav Jatia and 1 more are mutual person
Charges (Loans)
₹9.92 Cr
₹23.50 Cr
Charges Breakdown by Lending Institutions
- Others : 9.80 Cr
- Hdfc Bank Limited : 0.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Nov 2022 | Hdfc Bank Limited | ₹0.52 M | Open |
| 22 Apr 2022 | Hdfc Bank Limited | ₹0.63 M | Open |
| 16 Apr 2019 | Others | ₹9.80 Cr | Open |
| 16 Aug 2011 | State Bank Of India | ₹23.50 Cr | Satisfied |
How Many Employees Work at Rhythm Hospitality?
Rhythm Hospitality has a workforce of 79 employees as of Apr 17, 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 Rhythm Hospitality, 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 Rhythm Hospitality'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.
