Swosti Premium Limited

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

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

Swosti Premium Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 19.33 Cr
  • Company Age 27 Year, 11 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 11 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

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

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)

NameDesignationAppointment DateStatus
Jitendra Mohanty Country flag representing In Managing Director01-Jul-2010Current
Rabindra Sahoo Company Secretary27-Jul-2023Current
Priyanath Behera CFO04-Feb-2016Current

Board Members (5)

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

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%.

Swosti Premium revenue growth over time
Swosti Premium 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

DateLenderAmountStatus
17 Apr 2023Indian Bank₹1.27 CrOpen
30 Jul 2022Others₹6.00 CrOpen
07 Jul 2022Indian Bank₹118.00 CrOpen
30 Sep 2021Others₹12.00 CrOpen
02 Mar 2021Others₹105.12 CrOpen

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.

Employee growth trends for Swosti Premium Limited

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.

  • 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.

  • Balance Sheet

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

  • 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 7 months .

  • Charges

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

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Swosti Premium Limited?

    Swosti Premium Limited was incorporated on 17 Mar 1997.

  • What is authorized share capital and paid-up capital of Swosti Premium Limited?

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

  • Who are the current board members & directors of Swosti Premium Limited?

    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

  • What is the registered address of Swosti Premium Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Swosti Premium Limited is P 1 Jaydev Vihar Bhubaneswar India, Khurda, Orissa, 751013.

  • What is the corporate identification number (CIN) and company number of Swosti Premium Limited?

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

  • What is the official website of Swosti Premium Limited?

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

  • What has been the recent revenue trend for Swosti Premium Limited?

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

  • How many employees does Swosti Premium Limited currently have?

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

  • What change has been observed in the net worth of Swosti Premium Limited, and by what percentage?

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

  • What are the total open charges for Swosti Premium Limited?

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

  • When was the last Balance Sheet of Swosti Premium Limited filed with the ROC?

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

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