River Front Hotels Limited

Founded in 1991 and headquartered in Gujarat, India.

1991 | Surat, Gujarat (India) | Active
Last Updated: January 27, 2025

River Front Hotels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.01 Cr
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 12.85 Cr
  • Revenue Growth 8.02%
  • Profit Growth -55.82%
  • Ebitda -47.17%
  • Net Worth -4.49%
  • Total Assets -0.32%

About River Front Hotels

River Front Hotels Limited (RFHL) is a Public Limited Indian Non-Government Company incorporated in India on 12 December 1991 and has a history of 33 years and two months. Its registered office is in Surat, Gujarat.

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 5.00 Cr and a paid-up capital of Rs 3.01 Cr.

The company has closed loans amounting to ₹12.85 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at River Front Hotels Limited India are Fatima Poonawala as CFO and Jay Patel as Company Secretary. Farukh Poonawala, Sana Poonawala, Fatima Poonawala, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L55100GJ1991PLC016766

  • Company No.

    016766

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 1991

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Travel and Hospitality

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

Executive Team (3)

Name Designation Appointment Date Status
Farukh Poonawala Country flag representing In Managing Director 01-Oct-1997 Current
Fatima Poonawala Country flag representing In CFO 01-Jan-2009 Current
Jay Patel Company Secretary 23-Aug-2024 Current

Board Members (6)

Name Designation Appointment Date Status
Faiz Poonawala Country flag representing In Director 10-Dec-2016 Current
Sana Poonawala Country flag representing In Director 01-Jan-2009 Current
Fatima Poonawala Country flag representing In Director and Cfo 01-Jan-2009 Current
Taha Badshah Country flag representing In Director 10-Dec-2016 Current
Taher Nagpurwala Country flag representing In Director 10-Dec-2016 Current
Ketan Shinde Country flag representing In Director 28-Sep-2021 Current

Financial Performance of River Front Hotels.

River Front Hotels Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 8.02% increase. The company also saw a substantial fall in profitability, with a 55.82% decrease in profit. The company's net worth dipped by a decrease of 4.49%.

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
8.02%
Revenue from Operations
8.25%
Total Assets
-0.32%
Profit or Loss
-55.82%
Net Worth
-4.49%
EBITDA
-47.17%

What is the Ownership and Shareholding Structure of River Front Hotels?

In 2024, River Front Hotels had a promoter holding of 71.59% and a public holding of 28.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹12.85 Cr

Charges Breakdown by Lending Institutions

  • Panjab National Bank : 10.00 Cr
  • Gujarat State Financial Corporation : 2.85 Cr

Latest Charge Details

Date Lender Amount Status
21 Sep 2010 Panjab National Bank ₹5.00 Cr Satisfied
18 Sep 2010 Panjab National Bank ₹5.00 Cr Satisfied
05 Nov 1993 Gujarat State Financial Corporation ₹2.85 Cr Satisfied

How Many Employees Work at River Front Hotels?

Unlock and access historical data on people associated with River Front 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 River Front 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 River Front 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 River Front Hotels

Recent activity within the organization

  • Annual General Meeting

    River Front Hotels Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

    09 Sep 2024

  • Director Appointment

    Jay Dineshchandra Patel was appointed as a Company Secretary was appointed as a Company Secretary on 23 Aug 2024 & has been associated with this company since 5 months 18 days .

    23 Aug 2024

  • Balance Sheet

    River Front Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Ketan Parshurambhai Shinde was appointed as a Director was appointed as a Director on 28 Sep 2021 & has been associated with this company since 3 years 4 months .

    28 Sep 2021

  • Director Appointment

    Faiz Ahmed Farukh Poonawala was appointed as a Director was appointed as a Director on 10 Dec 2016 & has been associated with this company since 8 years 2 months .

    10 Dec 2016

  • Director Appointment

    Taha Saifuddin Badshah was appointed as a Director was appointed as a Director on 10 Dec 2016 & has been associated with this company since 8 years 2 months .

    10 Dec 2016

Frequently asked questions

  • River Front Hotels Limited was incorporated on 12 Dec 1991.

  • The authorized share capital of River Front Hotels Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.01 Cr.

  • Currently 9 directors are associated with River Front Hotels Limited.

    • Farukh Valibhai Poonawala
    • Sana Farukh Poonawala
    • Fatima Farukh Poonawala
    • Faiz Ahmed Farukh Poonawala
    • Taha Saifuddin Badshah
    • Taher Ebrahim Nagpurwala
    • Ketan Parshurambhai Shinde
    • Fatima Farukh Poonawala
    • Jay Dineshchandra Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of River Front Hotels Limited is Landmark Opp Dutch Gardensnanpura India, Surat, Gujarat.

  • The corporate identification number (CIN) of River Front Hotels Limited is L55100GJ1991PLC016766 and the company number is 016766 as per Ministry of Corporate Affairs (MCA).

  • The Official website of River Front Hotels Limited is https://www.riverfronthotellimited.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for River Front Hotels Limited has risen by 8.02%.

  • The financial reports for the fiscal year 2024 indicates that The net worth of River Front Hotels Limited has experienced an downturn of -4.49%.

  • The most recent Balance Sheet for River Front Hotels Limited was filed with the ROC on 31 Mar 2024.

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