Sarovar Hotels Profile
Key Indicators
- Authorised Capital ₹ 6.31 Cr
- Paid Up Capital ₹ 0.19 M
- Company Age 31 Year, 5 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 five 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
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 | 10-Mar-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jatin Khanna | Director | 24-Feb-2023 | Current |
Mathieu Rouri  | Director | 24-May-2023 | Current |
| Gustav Tscherning | 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
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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.
Related Corporates (Common Directorship)
Hotel And Restaurant Association Of Northern India..Ajay Bakaya is a mutual person
Sarovar Business And Leisure Hotels Private LimitedAjay Bakaya and Jatin Khanna are mutual person
Leading Ladies Network Private LimitedAjay Bakaya is a mutual person
Louvre Hotels India Private LimitedAjay Bakaya, Mathieu Rouri and 1 more are mutual person
- Akb Hotels Private Limited
Ajay Bakaya is a mutual person
- Aabha Bakaya Network Private Limited
Ajay Bakaya is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2020 | Hdfc Bank Limited | ₹1.62 M | Satisfied |
| 08 Nov 2019 | Hdfc Bank Limited | ₹2.90 M | Satisfied |
| 22 May 2018 | Yes Bank Limited | ₹1.10 Cr | Satisfied |
| 30 Mar 2012 | Kotak Mahindra Bank Limited | ₹5.00 Cr | Satisfied |
| 28 Mar 2012 | Kotak Mahindra Bank Limited | ₹20.00 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.
