Saras Hotels Private Limited

Saras Hotels Private Limited

Provides accommodation services through hotels, restaurants, and lodging houses.
2014 | Chennai, Tamil Nadu (India) | Active

Last Updated:

December 17, 2024
HomeCompanySaras Hotels Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rathnasamy Selvaraj InManaging Director13-Feb-2014Current

Board Members(3)

NameDesignationAppointment DateStatus
Saraswathy Selvaraj In Director 13-Feb-2014Current
Yogeshwaran Selvaraj In Director 13-Feb-2014Current
Selvaraj Vijayarathinam In Director 13-Feb-2014Current

Financial Performance of Saras Hotels.

Saras Hotels Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 63.42% decrease. The company also saw a substantial fall in profitability, with a 11.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 54.23%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-63.42%
Revenue from Operations
-63.95%
Total Assets
-9.38%
Profit or Loss
-11.70%
Net Worth
-54.23%
EBITDA
-99.46%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹15.19 Cr

LenderAmountStatus

Andhra Bank

Creation Date: 18 Mar 2015
₹15.19 CrOpen

How Many Employees Work at Saras Hotels?

Saras Hotels has a workforce of 39 employees as of Mar 29, 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.

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Latest Updates, News, and FAQs on Saras Hotels

Recent activity within the organization

  • Annual General Meeting

    Saras Hotels Private Limited last Annual general meeting of members was held on 23 Dec 2023 as per latest MCA records.

    23 Dec 2023

  • Balance Sheet

    Saras Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Andhra Bank amounted to Rs. 15.19 Cr with Charge ID 10568490 was registered on 18 Mar 2015.

    18 Mar 2015

  • Director Appointment

    Rathnasamy Nadar Selvaraj was appointed as a Managing Director was appointed as a Managing Director on 13 Feb 2014 & has been associated with this company since 10 years 11 months .

    13 Feb 2014

  • Director Appointment

    Saraswathy Selvaraj was appointed as a Director was appointed as a Director on 13 Feb 2014 & has been associated with this company since 10 years 11 months .

    13 Feb 2014

  • Director Appointment

    Yogeshwaran Selvaraj was appointed as a Director was appointed as a Director on 13 Feb 2014 & has been associated with this company since 10 years 11 months .

    13 Feb 2014

Frequently asked questions

  • Saras Hotels Private Limited was incorporated on 13 Feb 2014.

  • The authorized share capital of Saras Hotels Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.88 Cr.

  • Currently 4 directors are associated with Saras Hotels Private Limited.

    • Rathnasamy Nadar Selvaraj
    • Saraswathy Selvaraj
    • Yogeshwaran Selvaraj
    • Selvaraj Vijayarathinam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saras Hotels Private Limited is No 128 Arcot Road, Virugambakkam India, Chennai, Tamil Nadu, 600092.

  • The corporate identification number (CIN) of Saras Hotels Private Limited is U55101TN2014PTC095002 and the company number is 095002 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Saras Hotels Private Limited has fallen by -63.42%.

  • As Per 2021 financial reports, 39 employees are currently employed by Saras Hotels Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Saras Hotels Private Limited has experienced an downturn of -54.23%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Saras Hotels Private Limited amount to ₹ 15.19 Cr.

  • The most recent Balance Sheet for Saras Hotels Private Limited was filed with the ROC on 31 Mar 2023.

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