Lateral Hospitality Private Limited

Hospitality company offering services in restaurants, eateries, and hotels.

2021 | Mumbai, Maharashtra (India) | Active
Last Updated:

Lateral Hospitality Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 31.01 Cr
  • Company Age 3 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 87.50 Cr
  • Revenue Growth %
  • Profit Growth -5365.51%
  • Ebitda -7205.80%
  • Net Worth -2172.14%
  • Total Assets 86461.97%

About Lateral Hospitality

Lateral Hospitality Private Limited (LHPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 March 2021 (Three years and 11 months 18 days old ). Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 32.00 Cr and a paid-up capital of Rs 31.01 Cr.

The company currently has active open charges totaling ₹87.50 Cr.

The Key Managerial Personnel (KMP) at Lateral Hospitality Private Limited India is Shruti Samant as COMPANY SECRETARY. Subodh Chatrath and Anil Kohli 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

    U55209MH2021PTC357212

  • Company No.

    357212

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 2021

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Lateral Hospitality?

Executive Team (1)

NameDesignationAppointment DateStatus
Shruti Samant Company Secretary09-Oct-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Subodh Chatrath Director 05-Nov-2022Current
Anil Kohli Director 18-Nov-2022Current

Financial Performance of Lateral Hospitality.

Lateral Hospitality Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 5365.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 2172.14%.

Lateral Hospitality revenue growth over time
Lateral Hospitality 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
Revenue from Operations
Total Assets
86461.97%
Profit or Loss
-5365.51%
Net Worth
-2172.14%
EBITDA
-7205.80%

What is the Ownership and Shareholding Structure of Lateral Hospitality?

In 2023, Lateral Hospitality had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹87.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 87.50 Cr

Latest Charge Details

DateLenderAmountStatus
19 Aug 2024State Bank Of India₹5.00 MOpen
25 Oct 2023State Bank Of India₹87.00 CrOpen

How Many Employees Work at Lateral Hospitality?

Lateral Hospitality has a workforce of 0 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 Lateral Hospitality Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lateral Hospitality, 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 Lateral Hospitality'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 Lateral Hospitality

Recent activity within the organization

  • Director Appointment

    Shruti Gurunath Samant was appointed as a Company Secretary was appointed as a Company Secretary on 09 Oct 2024 & has been associated with this company since 4 months 26 days .

  • Annual General Meeting

    Lateral Hospitality Private Limited last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.50 Cr with Charge ID 100969209 was registered on 19 Aug 2024.

  • Balance Sheet

    Lateral Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with State Bank Of India amounted to Rs. 87.00 Cr with Charge ID 100814510 was registered on 25 Oct 2023.

  • Director Appointment

    Anil Kohli was appointed as a Director was appointed as a Director on 18 Nov 2022 & has been associated with this company since 2 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Lateral Hospitality Private Limited?

    Lateral Hospitality Private Limited was incorporated on 17 Mar 2021.

  • What is authorized share capital and paid-up capital of Lateral Hospitality Private Limited?

    The authorized share capital of Lateral Hospitality Private Limited is ₹ 32.00 Cr and paid-up capital is ₹ 31.01 Cr.

  • Who are the current board members & directors of Lateral Hospitality Private Limited?

    Currently 3 directors are associated with Lateral Hospitality Private Limited.

    • Subodh Sagar Chatrath
    • Anil Kohli
    • Shruti Gurunath Samant

  • What is the registered address of Lateral Hospitality Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lateral Hospitality Private Limited is Ira By Orchid Hotel Dhanodham Kondivitta Road Andheri East, Off Kurla India, Mumbai, Maharashtra, 400059.

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

    The corporate identification number (CIN) of Lateral Hospitality Private Limited is U55209MH2021PTC357212 and the company number is 357212 as per Ministry of Corporate Affairs (MCA).

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Lateral Hospitality Private Limited has experienced an downturn of -2172.14%.

  • What are the total open charges for Lateral Hospitality Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Lateral Hospitality Private Limited amount to ₹ 87.50 Cr.

  • When was the last Balance Sheet of Lateral Hospitality Private Limited filed with the ROC?

    The most recent Balance Sheet for Lateral Hospitality Private Limited was filed with the ROC on 31 Mar 2024.

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