Sarovar Hotels Profile
Key Indicators
- Authorised Capital ₹ 6.31 Cr
as on 08-07-2024
- Paid Up Capital ₹ 0.19 M
as on 08-07-2024
- Company Age 31 Year, 3 Months
- Last Filing with ROC 31 Dec 2023
- Satisfied Charges ₹ 46.80 Cr
as on 08-07-2024
- Revenue 57.11%
(FY 2022)
- Profit 191.25%
(FY 2022)
- Ebitda 147.46%
(FY 2022)
- Net Worth 18.91%
(FY 2022)
- Total Assets 20.88%
(FY 2022)
About Sarovar Hotels
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. Benjamin Dornic, Jatin Khanna, Ajay Bakaya, and Two other members serve as directors at the Company.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Bakaya  | Managing Director | 20-Nov-2000 | Current |
| Jatin Khanna | CEO | 02-May-2022 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Benjamin Dornic  | Director | 11-May-2021 | Current |
| Jatin Khanna | Director | Current | |
| Mathieu Rouri | Director | 24-May-2023 | Current |
| Gustav Tscherning | Additional Director | 18-Aug-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hotel And Restaurant Association Of Northern India..Active 72 years 3 monthsAjay Bakaya is a mutual person
Sarovar Business And Leisure Hotels Private LimitedActive 16 years 4 monthsBenjamin Dornic, Jatin Khanna and 1 more are mutual person
Louvre Hotels India Private LimitedActive 6 years 15 daysAjay Bakaya, Mathieu Rouri and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 03 Jan 2020 | ₹1.62 M | Satisfied |
Hdfc Bank Limited Creation Date: 08 Nov 2019 | ₹2.90 M | Satisfied |
Yes Bank Limited Creation Date: 22 May 2018 | ₹1.10 Cr | Satisfied |
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.
Deals i
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
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.
