Swosti Premium Limited

Luxury hotel with multiple amenities and event spaces, part of a hotel chain.

1997 | Khorda, Odisha (India) | Active
Last Updated: January 10, 2025

Swosti Premium Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 19.33 Cr
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 339.81 Cr
  • Satisfied Charges ₹ 72.22 Cr
  • Revenue Growth -65.41%
  • Profit Growth -821.06%
  • Ebitda -80.23%
  • Net Worth -4.62%
  • Total Assets 0.99%

About Swosti Premium

Swosti Premium Limited (SPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 March 1997 and has a history of 27 years and ten months. Its registered office is in Khorda, Odisha, India.

The Corporate was formerly known as Swosti Plaza 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 2024. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 19.33 Cr.

The company currently has active open charges totaling ₹339.81 Cr. The company has closed loans amounting to ₹72.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Swosti Premium Limited India are Rabindra Sahoo as COMPANY SECRETARY and Priyanath Behera as Cfo. Bijendra Mohanty, Jitendra Mohanty, Bipasa Mohanty, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U55101OR1997PLC004832

  • Company No.

    004832

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Travel and Hospitality

What products or services does Swosti Premium Limited offer?

Swosti Premium Limited offers a wide range of products and services, including Corporate Events & Party Organizers, Wedding-Event Management Service, Hospitality Services, Restaurants Booking Services, Hotel Booking & Reservation Services, Catering Services.

Who are the key members and board of directors at Swosti Premium?

Executive Team (3)

Name Designation Appointment Date Status
Jitendra Mohanty Country flag representing In Managing Director 01-Jul-2010 Current
Rabindra Sahoo Company Secretary 27-Jul-2023 Current
Priyanath Behera CFO 04-Feb-2016 Current

Board Members (5)

Name Designation Appointment Date Status
Bijendra Mohanty Country flag representing In Director 17-Mar-1997 Current
Bipasa Mohanty Country flag representing In Director 30-Jun-2001 Current
Yogendra Hans Country flag representing In Director 24-Dec-2009 Current
Chiranjiv Mohanty Country flag representing In Director 29-Mar-2010 Current
Rajib Hota Country flag representing In Director 15-Jul-2019 Current

Financial Performance of Swosti Premium.

Swosti Premium Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 65.41% decrease. The company also saw a substantial fall in profitability, with a 821.06% decrease in profit. The company's net worth dipped by a decrease of 4.62%.

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
-65.41%
Revenue from Operations
-66.24%
Total Assets
0.99%
Profit or Loss
-821.06%
Net Worth
-4.62%
EBITDA
-80.23%

What is the Ownership and Shareholding Structure of Swosti Premium?

In 2023, Swosti Premium had a promoter holding of 97.59% and a public holding of 2.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹339.81 Cr

Satisfied Charges

₹72.22 Cr

Charges Breakdown by Lending Institutions

  • Others : 138.28 Cr
  • Indian Bank : 119.27 Cr
  • Andhra Bank : 82.26 Cr

Latest Charge Details

Date Lender Amount Status
17 Apr 2023 Indian Bank ₹1.27 Cr Open
30 Jul 2022 Others ₹6.00 Cr Open
07 Jul 2022 Indian Bank ₹118.00 Cr Open
30 Sep 2021 Others ₹12.00 Cr Open
02 Mar 2021 Others ₹105.12 Cr Open

How Many Employees Work at Swosti Premium?

Swosti Premium has a workforce of 447 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 Swosti Premium, 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 Swosti Premium'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 Swosti Premium

Recent activity within the organization

  • Annual General Meeting

    Swosti Premium Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 105.12 Cr registered on 02 Mar 2021 with Charge ID 100445797 was modified on 03 Aug 2024.

    03 Aug 2024

  • Balance Sheet

    Swosti Premium Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Director Appointment

    Rabindra Kumar Sahoo was appointed as a Company Secretary was appointed as a Company Secretary on 27 Jul 2023 & has been associated with this company since 1 year 6 months .

    27 Jul 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 1.27 Cr with Charge ID 100720342 was registered on 17 Apr 2023.

    17 Apr 2023

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100604879 was registered on 30 Jul 2022.

    30 Jul 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Swosti Premium Limited was incorporated on 17 Mar 1997.

  • The authorized share capital of Swosti Premium Limited is ₹ 35.00 Cr and paid-up capital is ₹ 19.33 Cr.

  • Currently 8 directors are associated with Swosti Premium Limited.

    • Bijendra Kumar Mohanty
    • Jitendra Kumar Mohanty
    • Bipasa Mohanty
    • Yogendra Hans
    • Chiranjiv Mohanty
    • Rajib Kumar Hota
    • Rabindra Kumar Sahoo
    • Priyanath Behera
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swosti Premium Limited is P 1 Jaydev Vihar Bhubaneswar India, Khurda, Orissa, 751013.

  • The corporate identification number (CIN) of Swosti Premium Limited is U55101OR1997PLC004832 and the company number is 004832 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swosti Premium Limited is https://www.swostihotels.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Swosti Premium Limited has fallen by -65.41%.

  • As Per 2021 financial reports, 447 employees are currently employed by Swosti Premium Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Swosti Premium Limited has experienced an downturn of -4.62%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Swosti Premium Limited amount to ₹ 339.81 Cr.

  • The most recent Balance Sheet for Swosti Premium Limited was filed with the ROC on 31 Mar 2024.

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