Rising Hotel Ltd.

Manages hotels, restaurants, and entertainment centers for tourists and club members.

1991 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Rising Hotel Profile

Key Indicators

  • Authorised Capital ₹ 17.75 Cr
  • Paid Up Capital ₹ 17.52 Cr
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 43.87 Cr
  • Satisfied Charges ₹ 12.24 Cr
  • Revenue Growth 68.47%
  • Profit Growth 924.19%
  • Ebitda 128.75%
  • Net Worth 129.33%
  • Total Assets 0.06%

About Rising Hotel

Rising Hotel Ltd. (RHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 November 1991 and has a history of 33 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Akash Hotel Ltd. 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 17.75 Cr and a paid-up capital of Rs 17.52 Cr.

The company currently has active open charges totaling ₹43.87 Cr. The company has closed loans amounting to ₹12.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rising Hotel Ltd. India are Juhi Narwani as COMPANY SECRETARY and Mohan Galani as Cfo. Sagar Galani, Galani Varandmal, Mohan Galani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101GJ1991PLC016701

  • Company No.

    016701

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Travel and Hospitality

Who are the key members and board of directors at Rising Hotel?

Executive Team (3)

NameDesignationAppointment DateStatus
Juhi Narwani Company Secretary01-Jul-2023Current
Mohan Galani Country flag representing In CFO01-Nov-2016Current
Kamal Galani Country flag representing In Managing Director01-May-2006Current

Board Members (4)

NameDesignationAppointment DateStatus
Sagar Galani Country flag representing In Director 20-Apr-2018Current
Galani Varandmal Country flag representing In Director 31-Mar-2007Current
Mayur Parikh Country flag representing In Director 01-Nov-2018Current
Narain Aswani Country flag representing In Director 01-Nov-2016Current

Financial Performance of Rising Hotel.

Rising Hotel Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 68.47% increase. The company also saw a substantial improvement in profitability, with a 924.19% increase in profit. The company's net worth Soared by an impressive increase of 129.33%.

Rising Hotel revenue growth over time
Rising Hotel 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
68.47%
Revenue from Operations
70.94%
Total Assets
0.06%
Profit or Loss
924.19%
Net Worth
129.33%
EBITDA
128.75%

What is the Ownership and Shareholding Structure of Rising Hotel?

In 2023, Rising Hotel 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

₹43.87 Cr

Satisfied Charges

₹12.24 Cr

Charges Breakdown by Lending Institutions

  • Others : 41.03 Cr
  • Tourism Finance Corpn Of India Ltd : 2.50 Cr
  • Hdfc Bank Limited : 0.34 Cr

Latest Charge Details

DateLenderAmountStatus
21 Apr 2023Hdfc Bank Limited₹3.39 MOpen
27 Jul 2021Others₹4.15 CrOpen
06 Feb 2021Others₹4.15 CrOpen
28 Dec 2015Others₹32.73 CrOpen
27 Jul 1999Tourism Finance Corpn Of India Ltd₹2.50 CrOpen

How Many Employees Work at Rising Hotel?

Rising Hotel has a workforce of 73 employees as of Apr 06, 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.

Employee growth trends for Rising Hotel Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rising Hotel, 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 Rising Hotel'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 Rising Hotel

Recent activity within the organization

  • Annual General Meeting

    Rising Hotel Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100745437 was registered on 21 Apr 2023.

  • Balance Sheet

    Rising Hotel Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 4.15 Cr with Charge ID 100467809 was registered on 27 Jul 2021.

  • Charges

    A charge with Others of Rs. 4.15 Cr registered on 06 Feb 2021 with Charge ID 100423762 was modified on 24 Feb 2021.

  • Charges

    A charge with Others amounted to Rs. 4.15 Cr with Charge ID 100423762 was registered on 06 Feb 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Rising Hotel Ltd.?

    Rising Hotel Ltd. was incorporated on 29 Nov 1991.

  • What is authorized share capital and paid-up capital of Rising Hotel Ltd.?

    The authorized share capital of Rising Hotel Ltd. is ₹ 17.75 Cr and paid-up capital is ₹ 17.52 Cr.

  • Who are the current board members & directors of Rising Hotel Ltd.?

    Currently 8 directors are associated with Rising Hotel Ltd..

    • Juhi Ritesh Narwani
    • Mohan Vrandmal Galani
    • Sagar Kamal Galani
    • Galani Suresh Varandmal
    • Mohan Vrandmal Galani
    • Mayur Rajendrabhai Parikh
    • Kamal Varandmal Galani
    • Narain Khemchand Aswani

  • What is the registered address of Rising Hotel Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rising Hotel Ltd. is Radisson Blue Hotel Panchvati Cross Road Off C G Ambawadi, India, Ahmedabad, Gujarat, 380006.

  • What is the corporate identification number (CIN) and company number of Rising Hotel Ltd.?

    The corporate identification number (CIN) of Rising Hotel Ltd. is U55101GJ1991PLC016701 and the company number is 016701 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Rising Hotel Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rising Hotel Ltd. has risen by 68.47%.

  • How many employees does Rising Hotel Ltd. currently have?

    As Per 2023 financial reports, 73 employees are currently employed by Rising Hotel Ltd..

  • What change has been observed in the net worth of Rising Hotel Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rising Hotel Ltd. has experienced an upsurge of 129.33%.

  • What are the total open charges for Rising Hotel Ltd.?

    As per the financial statements for fiscal Year 2023, The total open charges for Rising Hotel Ltd. amount to ₹ 43.87 Cr.

  • When was the last Balance Sheet of Rising Hotel Ltd. filed with the ROC?

    The most recent Balance Sheet for Rising Hotel Ltd. was filed with the ROC on 31 Mar 2023.

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