Rising Hotel Ltd.
Manages hotels, restaurants, and entertainment centers for tourists and club members.
1991 | Ahmedabad, Gujarat (India) | Active
Rising Hotel Profile
Key Indicators
- Authorised Capital ₹ 17.75 Cr
- Paid Up Capital ₹ 17.52 Cr
- Company Age 33 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 39.72 Cr
- Satisfied Charges ₹ 16.39 Cr
- Revenue Growth -1.13%
- Profit Growth -11.92%
- Ebitda -14.31%
- Net Worth 49.67%
- Total Assets -3.98%
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 five 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 2024. 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 ₹39.72 Cr. The company has closed loans amounting to ₹16.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rising Hotel Ltd. India are Mohan Galani as CFO and Juhi Narwani as Company Secretary. Mayur Parikh, Kamal Galani, Narain Aswani, 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 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Travel and Hospitality
Rising Hotel Ltd.
Explore comprehensive data for Rising Hotel Ltd., including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Rising Hotel?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamal Galani  | Managing Director | 01-May-2006 | Current |
| Mohan Galani | CFO | 29-Sep-2017 | Current |
| Juhi Narwani | Company Secretary | 11-Jul-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sagar Galani | Director | 20-Apr-2018 | Current |
| Mayur Parikh | Director | 01-Nov-2018 | Current |
| Narain Aswani | Director | 01-Nov-2016 | Current |
| Mohan Galani | Director and Cfo | 15-Apr-2017 | Current |
| Galani Varandmal | Director | 31-Mar-2007 | Current |
Financial Performance of Rising Hotel.
Rising Hotel Ltd., for the financial year ended 2024, experienced Minor drop in revenue, with a 1.13% decrease. The company also saw a substantial fall in profitability, with a 11.92% decrease in profit. The company's net worth Soared by an impressive increase of 49.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rising Hotel?
In 2024, 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.
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Charges (Loans)
Open Charges
₹39.72 Cr
Satisfied Charges
₹16.39 Cr
Charges Breakdown by Lending Institutions
- Others : 36.88 Cr
- Tourism Finance Corpn Of India Ltd : 2.50 Cr
- Hdfc Bank Limited : 0.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Apr 2023 | Hdfc Bank Limited | ₹3.39 M | Open |
| 27 Jul 2021 | Others | ₹4.15 Cr | Open |
| 28 Dec 2015 | Others | ₹32.73 Cr | Open |
| 27 Jul 1999 | Tourism Finance Corpn Of India Ltd | ₹2.50 Cr | Open |
| 06 Feb 2021 | Others | ₹4.15 Cr | Satisfied |
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.
Deals i
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
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 Rising Hotel
Recent activity within the organization
- Charges
A charge registered on 06 Feb 2021 via Charge ID 100423762 with Others was fully satisfied on 02 Jan 2025.
- Annual General Meeting
Rising Hotel Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Rising Hotel Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Juhi Ritesh Narwani was appointed as a Company Secretary was appointed as a Company Secretary on 11 Jul 2023 & has been associated with this company since 1 year 10 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100745437 was registered on 21 Apr 2023.
- Charges
A charge with Others amounted to Rs. 4.15 Cr with Charge ID 100467809 was registered on 27 Jul 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..
- Mayur Rajendrabhai Parikh
- Kamal Varandmal Galani
- Narain Khemchand Aswani
- Mohan Vrandmal Galani
- Galani Suresh Varandmal
- Sagar Kamal Galani
- Mohan Vrandmal Galani
- Juhi Ritesh Narwani
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 2024, the revenue trend for Rising Hotel Ltd. has fallen by -1.13%.
How many employees does Rising Hotel Ltd. currently have?
As Per 2024 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 2024 indicates that The net worth of Rising Hotel Ltd. has experienced an upsurge of 49.67%.
What are the total open charges for Rising Hotel Ltd.?
As per the financial statements for fiscal Year 2024, The total open charges for Rising Hotel Ltd. amount to ₹ 39.72 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 2024.
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