Shanbhag Towers International Private Limited

Hospitality company providing hotel services with various facilities and amenities.

1994 | Bellary, Karnataka (India) | Active
Last Updated: December 19, 2024

Shanbhag Towers International Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.41 Cr
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.81 Cr
  • Satisfied Charges ₹ 7.08 Cr
  • Revenue Growth 54.35%
  • Profit Growth -7.42%
  • Ebitda 5.67%
  • Net Worth 7.23%
  • Total Assets -4.16%

About Shanbhag Towers International

Shanbhag Towers International Private Limited (STIPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 February 1994 and has a history of 30 years and 11 months. Its registered office is in Bellary, Karnataka, 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 1.50 Cr and a paid-up capital of Rs 1.41 Cr.

The company currently has active open charges totaling ₹1.81 Cr. The company has closed loans amounting to ₹7.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Belur Shanbhag, Belur Shanbhag, and Belur Shanbhag serve as directors at the Company.

Company Details

  • Location

    Bellary, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101KA1994PTC015276

  • Company No.

    015276

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

Who are the key members and board of directors at Shanbhag Towers International?

Executive Team (1)

Name Designation Appointment Date Status
Belur Shanbhag Country flag representing In Managing Director 25-Feb-1994 Current

Board Members (2)

Name Designation Appointment Date Status
Belur Shanbhag Country flag representing In Whole-Time Director 17-Jun-1997 Current
Belur Shanbhag Country flag representing In Whole-Time Director 04-Dec-2008 Current

Financial Performance of Shanbhag Towers International.

Shanbhag Towers International Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.35% increase. The company also saw a slight decrease in profitability, with a 7.42% decrease in profit. The company's net worth moved up by a moderate rise of 7.23%.

Graph illustrating revenue growth over time
Graph showing 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
54.35%
Revenue from Operations
64.14%
Total Assets
-4.16%
Profit or Loss
-7.42%
Net Worth
7.23%
EBITDA
5.67%

What is the Ownership and Shareholding Structure of Shanbhag Towers International?

In 2023, Shanbhag Towers International had a public holding of 14.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.81 Cr

Satisfied Charges

₹7.08 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.81 Cr

Latest Charge Details

Date Lender Amount Status
18 Jul 2024 Axis Bank Limited ₹5.15 M Open
28 Jun 2024 Axis Bank Limited ₹9.50 M Open
18 Oct 2021 Axis Bank Limited ₹3.44 M Open
13 Jan 2007 Canara Bank ₹2.00 M Satisfied
06 Jun 2002 Canara Bank ₹7.00 M Satisfied

How Many Employees Work at Shanbhag Towers International?

Unlock and access historical data on people associated with Shanbhag Towers International, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shanbhag Towers International, 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 Shanbhag Towers International'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 Shanbhag Towers International

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.52 Cr with Charge ID 100977082 was registered on 18 Jul 2024.

    18 Jul 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.95 Cr with Charge ID 100976380 was registered on 28 Jun 2024.

    28 Jun 2024

  • Annual General Meeting

    Shanbhag Towers International Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shanbhag Towers International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100524536 was registered on 18 Oct 2021.

    18 Oct 2021

  • Charges

    A charge registered on 13 Jan 2007 via Charge ID 10031083 with Canara Bank was fully satisfied on 07 May 2018.

    07 May 2018

Frequently asked questions

  • Shanbhag Towers International Private Limited was incorporated on 25 Feb 1994.

  • The authorized share capital of Shanbhag Towers International Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.41 Cr.

  • Currently 3 directors are associated with Shanbhag Towers International Private Limited.

    • Belur Narasimhappa Kamalaksha Shanbhag
    • Belur Kamalaksha Prakash Shanbhag
    • Belur Kamalaksha Mahendra Shanbhag
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shanbhag Towers International Private Limited is Shanbhag Circlecollege Road India, Hospet, Karnataka, 583201.

  • The corporate identification number (CIN) of Shanbhag Towers International Private Limited is U55101KA1994PTC015276 and the company number is 015276 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shanbhag Towers International Private Limited has risen by 54.35%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shanbhag Towers International Private Limited has experienced an upsurge of 7.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shanbhag Towers International Private Limited amount to ₹ 1.81 Cr.

  • The most recent Balance Sheet for Shanbhag Towers International Private Limited was filed with the ROC on 31 Mar 2023.

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