Sphere Hotels & Resorts Private Limited

Hospitality company operating hotels, restaurants, pubs, and resorts since 2017 in Karnataka.

2017 | Uttara Kannada, Karnataka (India) | Active
Last Updated: January 19, 2025

Sphere Hotels & Resorts Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.58 Cr
  • Revenue Growth 546.83%
  • Profit Growth 60.40%
  • Ebitda 1722.56%
  • Net Worth -7.98%
  • Total Assets -11.50%

About Sphere Hotels & Resorts

Sphere Hotels & Resorts Private Limited (SHRPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 February 2017 (Seven years and 11 months 16 days old ). Its registered office is in Uttara Kannada, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹1.58 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kalyan Soni and Jaymala Soni serve as directors at the Company.

Company Details

  • Location

    Uttara Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55204KA2017PTC100645

  • Company No.

    100645

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

Who are the key members and board of directors at Sphere Hotels & Resorts?

Board Members (2)

Name Designation Appointment Date Status
Kalyan Soni Country flag representing In Director 31-May-2022 Current
Jaymala Soni Director 28-Aug-2024 Current

Financial Performance of Sphere Hotels & Resorts.

Sphere Hotels & Resorts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 546.83% increase. The company also saw a substantial improvement in profitability, with a 60.4% increase in profit. The company's net worth dipped by a decrease of 7.98%.

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
546.83%
Revenue from Operations
672.23%
Total Assets
-11.50%
Profit or Loss
60.40%
Net Worth
-7.98%
EBITDA
1722.56%

What is the Ownership and Shareholding Structure of Sphere Hotels & Resorts?

Unlock access to Sphere Hotels & Resorts's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.80 M

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 1.58 Cr

Latest Charge Details

Date Lender Amount Status
29 Aug 2018 Karnataka Bank Ltd. ₹1.58 Cr Satisfied

How Many Employees Work at Sphere Hotels & Resorts?

Sphere Hotels & Resorts has a workforce of 0 employees as of Apr 02, 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 Sphere Hotels & Resorts, 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 Sphere Hotels & Resorts'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 Sphere Hotels & Resorts

Recent activity within the organization

  • Annual General Meeting

    Sphere Hotels & Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Jaymala Kalyan Soni was appointed as a Director was appointed as a Director on 28 Aug 2024 & has been associated with this company since 5 months 7 days .

    28 Aug 2024

  • Charges

    A charge registered on 29 Aug 2018 via Charge ID 100203646 with Karnataka Bank Ltd. was fully satisfied on 17 Aug 2024.

    17 Aug 2024

  • Balance Sheet

    Sphere Hotels & Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Kalyan Ramprasad Soni was appointed as a Director was appointed as a Director on 31 May 2022 & has been associated with this company since 2 years 8 months .

    31 May 2022

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 15.80 M with Charge ID 100203646 was registered on 29 Aug 2018.

    29 Aug 2018

Frequently asked questions

  • Sphere Hotels & Resorts Private Limited was incorporated on 17 Feb 2017.

  • The authorized share capital of Sphere Hotels & Resorts Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Sphere Hotels & Resorts Private Limited.

    • Kalyan Ramprasad Soni
    • Jaymala Kalyan Soni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sphere Hotels & Resorts Private Limited is Honmav Near R C Church India, Kumta, Karnataka, 581343.

  • The corporate identification number (CIN) of Sphere Hotels & Resorts Private Limited is U55204KA2017PTC100645 and the company number is 100645 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sphere Hotels & Resorts Private Limited has risen by 546.83%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sphere Hotels & Resorts Private Limited has experienced an downturn of -7.98%.

  • The most recent Balance Sheet for Sphere Hotels & Resorts Private Limited was filed with the ROC on 31 Mar 2024.

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