Siesta Hospitality Services Limited

Provides corporate residences with preferred amenities in multiple cities for various multinational companies.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: December 16, 2024

Siesta Hospitality Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.62 Cr
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 125.90 Cr
  • Satisfied Charges ₹ 108.65 Cr
  • Revenue Growth -51.04%
  • Profit Growth -3434.89%
  • Ebitda -37.42%
  • Net Worth -54.12%
  • Total Assets -24.57%

About Siesta Hospitality Services

Siesta Hospitality Services Limited (SHSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 December 2005 and has a history of 19 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Siesta Hospitality Services 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 March 2021. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.62 Cr.

The company currently has active open charges totaling ₹125.90 Cr. The company has closed loans amounting to ₹108.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amalnathan Retnam, Ashok Chattaraj, and Rustom Batlivala serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63040KA2005PLC037834

  • Company No.

    037834

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 2005

  • Date of AGM

    31 Jan 2022

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

What products or services does Siesta Hospitality Services Limited offer?

Siesta Hospitality Services Limited offers a wide range of products and services, including Hotel Bookings, Business Consultant, Facility Management Services, Catering Services, Meal Services, Event Organizers, Corporate Event Management.

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

Executive Team (1)

Name Designation Appointment Date Status
Ashok Chattaraj Country flag representing In Managing Director 19-Jan-2006 Current

Board Members (2)

Name Designation Appointment Date Status
Amalnathan Retnam Country flag representing In Whole-Time Director 02-Dec-2005 Current
Rustom Batlivala Country flag representing In Nominee Director 10-Jul-2020 Current

Financial Performance of Siesta Hospitality Services.

Siesta Hospitality Services Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 51.04% decrease. The company also saw a substantial fall in profitability, with a 3434.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 54.12%.

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
-51.04%
Revenue from Operations
-50.90%
Total Assets
-24.57%
Profit or Loss
-3434.89%
Net Worth
-54.12%
EBITDA
-37.42%

What is the Ownership and Shareholding Structure of Siesta Hospitality Services?

In 2021, Siesta Hospitality Services had a promoter holding of 72.45% and a public holding of 27.55%. 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

₹125.90 Cr

Satisfied Charges

₹108.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 93.18 Cr
  • Axis Bank Limited : 16.09 Cr
  • Hdfc Bank Limited : 12.47 Cr
  • Yes Bank Limited : 4.17 Cr

Latest Charge Details

Date Lender Amount Status
23 Mar 2021 Others ₹5.98 M Open
19 Mar 2021 Others ₹7.31 M Open
11 Oct 2020 Others ₹1.13 Cr Open
28 May 2020 Others ₹3.15 Cr Open
12 Oct 2019 Others ₹1.50 Cr Open

How Many Employees Work at Siesta Hospitality Services?

Siesta Hospitality Services has a workforce of 15 employees as of Mar 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 4.17 Cr registered on 14 May 2015 with Charge ID 10574484 was modified on 28 Apr 2022.

    28 Apr 2022

  • Annual General Meeting

    Siesta Hospitality Services Limited last Annual general meeting of members was held on 31 Jan 2022 as per latest MCA records.

    31 Jan 2022

  • Balance Sheet

    Siesta Hospitality Services Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100444589 was registered on 23 Mar 2021.

    23 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 0.73 Cr with Charge ID 100452777 was registered on 19 Mar 2021.

    19 Mar 2021

  • Charges

    A charge with Axis Bank Limited of Rs. 16.09 Cr registered on 31 Dec 2012 with Charge ID 10399782 was modified on 25 Feb 2021.

    25 Feb 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Siesta Hospitality Services Limited was incorporated on 02 Dec 2005.

  • The authorized share capital of Siesta Hospitality Services Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.62 Cr.

  • Currently 3 directors are associated with Siesta Hospitality Services Limited.

    • Amalnathan Manikasamy Retnam
    • Ashok Chattaraj
    • Rustom Dinshaw Batlivala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Siesta Hospitality Services Limited is S-621 6Th Floor South Block 47 Dickenson Road, India, Bangalore, Karnataka, 560042.

  • The corporate identification number (CIN) of Siesta Hospitality Services Limited is U63040KA2005PLC037834 and the company number is 037834 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Siesta Hospitality Services Limited is https://www.siestaindia.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Siesta Hospitality Services Limited has fallen by -51.04%.

  • As Per 2021 financial reports, 15 employees are currently employed by Siesta Hospitality Services Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Siesta Hospitality Services Limited has experienced an downturn of -54.12%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Siesta Hospitality Services Limited amount to ₹ 125.90 Cr.

  • The most recent Balance Sheet for Siesta Hospitality Services Limited was filed with the ROC on 31 Mar 2021.

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