Sai Palace Hotels Private Limited

Luxury hotel chain with 4 locations offering modern amenities and exceptional service.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: December 22, 2024

Sai Palace Hotels Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 4.30 M
  • Company Age 25 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 150.00 Cr
  • Satisfied Charges ₹ 260.00 Cr
  • Revenue Growth -3.07%
  • Profit Growth 42.48%
  • Ebitda 43.16%
  • Net Worth -5.58%
  • Total Assets -17.76%

About Sai Palace Hotels

Sai Palace Hotels Private Limited (SPHPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 September 1999 and has a history of 25 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Real Estate And Construction 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 6.50 M and a paid-up capital of Rs 4.30 M.

The company currently has active open charges totaling ₹150.00 Cr. The company has closed loans amounting to ₹260.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vijay Jasani and Madhav Jadhav 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

    U55100MH1999PTC121981

  • Company No.

    121981

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Sai Palace Hotels?

Board Members (2)

NameDesignationAppointment DateStatus
Vijay Jasani Country flag representing In Director 01-Aug-2020Current
Madhav Jadhav Country flag representing In Director 02-Dec-2019Current

Financial Performance of Sai Palace Hotels.

Sai Palace Hotels Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 3.07% decrease. The company also saw a substantial improvement in profitability, with a 42.48% increase in profit. The company's net worth dipped by a decrease of 5.58%.

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
-3.07%
Revenue from Operations
Total Assets
-17.76%
Profit or Loss
42.48%
Net Worth
-5.58%
EBITDA
43.16%

What is the Ownership and Shareholding Structure of Sai Palace Hotels?

In 2021, Sai Palace Hotels 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

₹1,500.00 M

Satisfied Charges

₹2,600.00 M

Charges Breakdown by Lending Institutions

  • Others : 150.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2019Others₹35.00 CrOpen
27 Jun 2019Others₹115.00 CrOpen
25 Nov 2016Others₹260.00 CrSatisfied

How Many Employees Work at Sai Palace Hotels?

Unlock and access historical data on people associated with Sai Palace 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 Sai Palace 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 Sai Palace 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 Sai Palace Hotels

Recent activity within the organization

  • Annual General Meeting

    Sai Palace Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sai Palace Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 350.00 M registered on 30 Oct 2019 with Charge ID 100308116 was modified on 07 Mar 2024.

    07 Mar 2024

  • Director Appointment

    Vijay Khantilal Jasani was appointed as a Director was appointed as a Director on 01 Aug 2020 & has been associated with this company since 4 years 6 months .

    01 Aug 2020

  • Director Appointment

    Madhav Sambhaji Jadhav was appointed as a Director was appointed as a Director on 02 Dec 2019 & has been associated with this company since 5 years 2 months .

    02 Dec 2019

  • Charges

    A charge registered on 25 Nov 2016 via Charge ID 100068589 with Others was fully satisfied on 13 Nov 2019.

    13 Nov 2019

Frequently asked questions

  • Sai Palace Hotels Private Limited was incorporated on 29 Sep 1999.

  • The authorized share capital of Sai Palace Hotels Private Limited is ₹ 6.50 M and paid-up capital is ₹ 4.30 M.

  • Currently 2 directors are associated with Sai Palace Hotels Private Limited.

    • Vijay Khantilal Jasani
    • Madhav Sambhaji Jadhav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sai Palace Hotels Private Limited is 7Th Floor Office No 7N The Ruby 29 Senapati Bapat Marg Dadar (W), India, Mumbai, Maharashtra, 400028.

  • The corporate identification number (CIN) of Sai Palace Hotels Private Limited is U55100MH1999PTC121981 and the company number is 121981 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sai Palace Hotels Private Limited has fallen by -3.07%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sai Palace Hotels Private Limited has experienced an downturn of -5.58%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Sai Palace Hotels Private Limited amount to ₹ 150.00 Cr.

  • The most recent Balance Sheet for Sai Palace Hotels Private Limited was filed with the ROC on 31 Mar 2024.

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