Sarovar Hotels Private Limited

Hotel company with a diverse portfolio of brands, managing over 85 properties in India and abroad.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated:

Sarovar Hotels Profile

Key Indicators

  • Authorised Capital ₹ 6.31 Cr
  • Paid Up Capital ₹ 0.19 M
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Dec 2023
  • Satisfied Charges ₹ 46.80 Cr
  • Revenue Growth 57.11%
  • Profit Growth 191.25%
  • Ebitda 143.51%
  • Net Worth 18.91%
  • Total Assets 20.88%

About Sarovar Hotels

Sarovar Hotels Private Limited (SHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 September 1993 and has a history of 31 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sarovar Park Plaza Hotels And Resorts Private 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 December 2023. It's a company limited by shares with an authorized capital of Rs 6.31 Cr and a paid-up capital of Rs 0.19 M.

The company has closed loans amounting to ₹46.80 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sarovar Hotels Private Limited India is Jatin Khanna as CEO. Ajay Bakaya, Jatin Khanna, Mathieu Rouri, and One other member 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

    U74140MH1993PTC139435

  • Company No.

    139435

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 1993

  • Date of AGM

    15 May 2024

  • Date of Balance Sheet

    31 Dec 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

What products or services does Sarovar Hotels Private Limited offer?

Sarovar Hotels Private Limited offers a wide range of products and services, including Tour Packages, Holiday Packages, Business Trips, Domestic Tour, Hotel Bookings, Hotel Package Service, Corporate Events & Party Organizers, Wedding-Event Management Service.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Ajay Bakaya Country flag representing In Managing Director20-Nov-2000Current
Jatin Khanna CEO10-Mar-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Jatin Khanna Country flag representing In Director 24-Feb-2023Current
Mathieu Rouri Country flag representing Fr Director 24-May-2023Current
Gustav Tscherning Country flag representing Fr Director 18-Aug-2023Current

Financial Performance of Sarovar Hotels.

Sarovar Hotels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.11% increase. The company also saw a substantial improvement in profitability, with a 191.25% increase in profit. The company's net worth Soared by an impressive increase of 18.91%.

Sarovar Hotels revenue growth over time
Sarovar Hotels 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
57.11%
Revenue from Operations
55.07%
Total Assets
20.88%
Profit or Loss
191.25%
Net Worth
18.91%
EBITDA
143.51%

What is the Ownership and Shareholding Structure of Sarovar Hotels?

In 2022, Sarovar Hotels had a promoter holding of 26.04% and a public holding of 73.96%. The company had 1 Subsidiary. 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

₹46.80 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 25.00 Cr
  • Idfc Limited : 20.00 Cr
  • Yes Bank Limited : 1.10 Cr
  • Hdfc Bank Limited : 0.45 Cr
  • The Saraswat Co-Op Bank Ltd. : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jan 2020Hdfc Bank Limited₹1.62 MSatisfied
08 Nov 2019Hdfc Bank Limited₹2.90 MSatisfied
22 May 2018Yes Bank Limited₹1.10 CrSatisfied
30 Mar 2012Kotak Mahindra Bank Limited₹5.00 CrSatisfied
28 Mar 2012Kotak Mahindra Bank Limited₹20.00 CrSatisfied

How Many Employees Work at Sarovar Hotels?

Sarovar Hotels has a workforce of 1722 employees as of Apr 07, 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.

Employee growth trends for Sarovar Hotels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sarovar 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 Sarovar 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 Sarovar Hotels

Recent activity within the organization

  • Annual General Meeting

    Sarovar Hotels Private Limited last Annual general meeting of members was held on 15 May 2024 as per latest MCA records.

  • Balance Sheet

    Sarovar Hotels Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Mumbai.

  • Director Appointment

    Gustav Otto Andreas Tscherning was appointed as a Director was appointed as a Director on 18 Aug 2023 & has been associated with this company since 1 year 7 months .

  • Charges

    A charge registered on 03 Jan 2020 via Charge ID 100327074 with Hdfc Bank Limited was fully satisfied on 22 Jun 2023.

  • Charges

    A charge registered on 08 Nov 2019 via Charge ID 100308993 with Hdfc Bank Limited was fully satisfied on 22 Jun 2023.

  • Director Appointment

    Mathieu Jean Michel Rouri was appointed as a Director was appointed as a Director on 24 May 2023 & has been associated with this company since 1 year 10 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Sarovar Hotels Private Limited?

    Sarovar Hotels Private Limited was incorporated on 10 Sep 1993.

  • What is authorized share capital and paid-up capital of Sarovar Hotels Private Limited?

    The authorized share capital of Sarovar Hotels Private Limited is ₹ 6.31 Cr and paid-up capital is ₹ 0.19 M.

  • Who are the current board members & directors of Sarovar Hotels Private Limited?

    Currently 5 directors are associated with Sarovar Hotels Private Limited.

    • Ajay Kumar Bakaya
    • Jatin Khanna
    • Mathieu Jean Michel Rouri
    • Gustav Otto Andreas Tscherning
    • Jatin Khanna

  • What is the registered address of Sarovar Hotels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sarovar Hotels Private Limited is 42 Mittal Chambers Nariman Point, India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Sarovar Hotels Private Limited?

    The corporate identification number (CIN) of Sarovar Hotels Private Limited is U74140MH1993PTC139435 and the company number is 139435 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sarovar Hotels Private Limited?

    The Official website of Sarovar Hotels Private Limited is https://www.sarovarhotels.com

  • What has been the recent revenue trend for Sarovar Hotels Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sarovar Hotels Private Limited has risen by 57.11%.

  • How many employees does Sarovar Hotels Private Limited currently have?

    As Per 2022 financial reports, 1722 employees are currently employed by Sarovar Hotels Private Limited.

  • What change has been observed in the net worth of Sarovar Hotels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sarovar Hotels Private Limited has experienced an upsurge of 18.91%.

  • When was the last Balance Sheet of Sarovar Hotels Private Limited filed with the ROC?

    The most recent Balance Sheet for Sarovar Hotels Private Limited was filed with the ROC on 31 Dec 2023.

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