Roots Corporation Profile
Key Indicators
- Authorised Capital ₹ 250.00 Cr
- Paid Up Capital ₹ 99.02 Cr
- Company Age 21 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 36.30 Cr
- Satisfied Charges ₹ 321.20 Cr
- Revenue Growth 70.88%
- Profit Growth 309.81%
- Ebitda 224.01%
- Net Worth 122.07%
- Total Assets 4.29%
About Roots Corporation
Roots Corporation Limited (RCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 December 2003 and has a history of 21 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Root Corporation 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 2024. It's a company limited by shares with an authorized capital of Rs 250.00 Cr and a paid-up capital of Rs 99.02 Cr.
The company currently has active open charges totaling ₹36.30 Cr. The company has closed loans amounting to ₹321.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Roots Corporation Limited India are Jithin Prakash as CFO and Neha Khanna as Company Secretary. Nabakumar Shome, Gaurav Sharma, and Deepika Thallapalli 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
U55100MH2003PLC143639
- Company No.
143639
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Dec 2003
- Date of AGM
05 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Travel and Hospitality
Roots Corporation Limited
Explore comprehensive data for Roots Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Roots Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jithin Prakash | CFO | 01-Aug-2022 | Current |
| Neha Khanna | Company Secretary | 01-May-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nabakumar Shome  | Director | 05-Jul-2022 | Current |
| Gaurav Sharma | Additional Director | 05-Sep-2024 | Current |
| Deepika Thallapalli | Director | 09-Apr-2018 | Current |
Financial Performance of Roots Corporation.
Roots Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.88% increase. The company also saw a substantial improvement in profitability, with a 309.81% increase in profit. The company's net worth Soared by an impressive increase of 122.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Roots Corporation?
In 2023, Roots Corporation 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)
Taj Gvk Hotels And Resorts LimitedNabakumar Shome is a mutual person
Taj Trade And Transport Company LimitedNabakumar Shome is a mutual person
Taj Sats Air Catering LimitedNabakumar Shome is a mutual person
Taida Trading And Industries LimitedNabakumar Shome is a mutual person
- Zarrenstar Hospitality Private Limited
Nabakumar Shome is a mutual person
- Elel Hotels And Investments Limited
Nabakumar Shome is a mutual person
Charges (Loans)
Open Charges
₹36.30 Cr
Satisfied Charges
₹321.20 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 36.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 2019 | Axis Bank Limited | ₹36.30 Cr | Open |
| 13 Dec 2021 | Others | ₹7.50 Cr | Satisfied |
| 25 Aug 2021 | Hdfc Bank Limited | ₹20.00 Cr | Satisfied |
| 27 Jul 2021 | Others | ₹9.15 Cr | Satisfied |
| 23 Apr 2021 | Others | ₹9.15 Cr | Satisfied |
How Many Employees Work at Roots Corporation?
Roots Corporation has a workforce of 1083 employees as of Apr 05, 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 Roots Corporation, 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 Roots Corporation'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 Roots Corporation
Recent activity within the organization
- Director Appointment
Gaurav Sharma was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2024 & has been associated with this company since 8 months 16 days .
- Annual General Meeting
Roots Corporation Limited last Annual general meeting of members was held on 05 Jul 2024 as per latest MCA records.
- Balance Sheet
Roots Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 13 Dec 2021 via Charge ID 100517452 with Others was fully satisfied on 29 Aug 2023.
- Director Appointment
Jithin Prakash was appointed as a Cfo was appointed as a Cfo on 01 Aug 2022 & has been associated with this company since 2 years 9 months .
- Charges
A charge registered on 25 Aug 2021 via Charge ID 100477701 with Hdfc Bank Limited was fully satisfied on 11 Jul 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Roots Corporation Limited?
Roots Corporation Limited was incorporated on 24 Dec 2003.
What is authorized share capital and paid-up capital of Roots Corporation Limited?
The authorized share capital of Roots Corporation Limited is ₹ 250.00 Cr and paid-up capital is ₹ 99.02 Cr.
Who are the current board members & directors of Roots Corporation Limited?
Currently 5 directors are associated with Roots Corporation Limited.
- Nabakumar Nikhilrajan Shome
- Gaurav Sharma
- Deepika Rao Thallapalli
- Jithin Prakash
- Neha Ashok Khanna
What is the registered address of Roots Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Roots Corporation Limited is 9Th Floor Express Towers Barrister Rajni Patel Marg, Nariman Poin T India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Roots Corporation Limited?
The corporate identification number (CIN) of Roots Corporation Limited is U55100MH2003PLC143639 and the company number is 143639 as per Ministry of Corporate Affairs (MCA).
What is the official website of Roots Corporation Limited?
The Official website of Roots Corporation Limited is https://www.gingerhotels.com
What has been the recent revenue trend for Roots Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Roots Corporation Limited has risen by 70.88%.
How many employees does Roots Corporation Limited currently have?
As Per 2023 financial reports, 1083 employees are currently employed by Roots Corporation Limited.
What change has been observed in the net worth of Roots Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Roots Corporation Limited has experienced an upsurge of 122.07%.
What are the total open charges for Roots Corporation Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Roots Corporation Limited amount to ₹ 36.30 Cr.
When was the last Balance Sheet of Roots Corporation Limited filed with the ROC?
The most recent Balance Sheet for Roots Corporation Limited was filed with the ROC on 31 Mar 2024.
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