Saras Hotels Private Limited
Provides accommodation services through hotels, restaurants, and lodging houses.
2014 | Chennai, Tamil Nadu (India) | Active
Saras Hotels Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.88 Cr
- Company Age 11 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.19 Cr
- Revenue Growth -63.42%
- Profit Growth -11.70%
- Ebitda -99.46%
- Net Worth -54.23%
- Total Assets -9.38%
About Saras Hotels
Saras Hotels Private Limited (SHPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 February 2014 and has a history of 11 years and one month. Its registered office is in Chennai, Tamil Nadu, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 7.88 Cr.
The company currently has active open charges totaling ₹15.19 Cr.
Rathnasamy Selvaraj, Saraswathy Selvaraj, Yogeshwaran Selvaraj, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55101TN2014PTC095002
- Company No.
095002
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Feb 2014
- Date of AGM
23 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Travel and Hospitality
Saras Hotels Private Limited
Explore comprehensive data for Saras Hotels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Saras Hotels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rathnasamy Selvaraj  | Managing Director | 13-Feb-2014 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saraswathy Selvaraj | Director | 13-Feb-2014 | Current |
| Yogeshwaran Selvaraj | Director | 13-Feb-2014 | Current |
| Selvaraj Vijayarathinam | Director | 13-Feb-2014 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Saras Hotels?
In 2021, Saras 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.
Related Corporates (Common Directorship)
- Four Squares Foundation Private Limited
Yogeshwaran Selvaraj and Selvaraj Vijayarathinam are mutual person
Charges (Loans)
Open Charges
₹15.19 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Andhra Bank : 15.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2015 | Andhra Bank | ₹15.19 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Saras 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 Saras Hotels'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 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.
- Balance Sheet
Saras Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Andhra Bank amounted to Rs. 15.19 Cr with Charge ID 10568490 was registered on 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 11 years 1 month .
- 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 11 years 1 month .
- 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 11 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Saras Hotels Private Limited?
Saras Hotels Private Limited was incorporated on 13 Feb 2014.
What is authorized share capital and paid-up capital of Saras Hotels Private Limited?
The authorized share capital of Saras Hotels Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.88 Cr.
Who are the current board members & directors of Saras Hotels Private Limited?
Currently 4 directors are associated with Saras Hotels Private Limited.
- Rathnasamy Nadar Selvaraj
- Saraswathy Selvaraj
- Yogeshwaran Selvaraj
- Selvaraj Vijayarathinam
What is the registered address of Saras Hotels Private Limited?
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.
What is the corporate identification number (CIN) and company number of Saras Hotels Private Limited?
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).
What has been the recent revenue trend for Saras Hotels Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Saras Hotels Private Limited has fallen by -63.42%.
How many employees does Saras Hotels Private Limited currently have?
As Per 2021 financial reports, 39 employees are currently employed by Saras Hotels Private Limited.
What change has been observed in the net worth of Saras Hotels Private Limited, and by what percentage?
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%.
What are the total open charges for Saras Hotels Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Saras Hotels Private Limited amount to ₹ 15.19 Cr.
When was the last Balance Sheet of Saras Hotels Private Limited filed with the ROC?
The most recent Balance Sheet for Saras Hotels Private Limited was filed with the ROC on 31 Mar 2023.
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