Tgb Banquets And Hotels Limited

Provides hotel, banquet, catering, and restaurant services in Ahmedabad, Gujarat.

1999 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 21, 2024

Tgb Banquets And Hotels Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 29.29 Cr
  • Company Age 25 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.20 Cr
  • Satisfied Charges ₹ 240.21 Cr
  • Revenue Growth 55.38%
  • Profit Growth 106.69%
  • Ebitda 123.70%
  • Net Worth 1.81%
  • Total Assets -6.37%

About Tgb Banquets And Hotels

Tgb Banquets And Hotels Limited (TBAHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 November 1999 and has a history of 25 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532845 and on the National Stock Exchange(NSE) under TGBHOTELS.

The Corporate was formerly known as Bhagwati Banquets And Hotels 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 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 29.29 Cr.

The company currently has active open charges totaling ₹7.20 Cr. The company has closed loans amounting to ₹240.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tgb Banquets And Hotels Limited India are Arapita Shah as COMPANY SECRETARY and Jaydeepsinh Chavda as Cfo. Narendra Somani, Hemant Somani, Devanand Somani, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L55100GJ1999PLC036830

  • Company No.

    036830

  • Stock Symbol

    BSE : 532845 NSE : TGBHOTELS

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Nov 1999

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Travel and Hospitality

Who are the key members and board of directors at Tgb Banquets And Hotels?

Executive Team (3)

NameDesignationAppointment DateStatus
Narendra Somani Country flag representing In Managing Director01-Nov-1999Current
Arapita Shah Country flag representing In Company Secretary21-Sep-2023Current
Jaydeepsinh Chavda CFO08-Dec-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Hemant Somani Country flag representing In Whole-Time Director 22-Jul-2002Current
Devanand Somani Country flag representing In Whole-Time Director 01-Oct-2015Current
Mansukhlal Nakrani Country flag representing In Director 23-Jan-2020Current
Jasmin Doshi Country flag representing In Director 09-Nov-2020Current
Nishit Popat Country flag representing In Director 14-Aug-2021Current

Financial Performance of Tgb Banquets And Hotels.

Tgb Banquets And Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.38% increase. The company also saw a substantial improvement in profitability, with a 106.69% increase in profit. The company's net worth moved up by a moderate rise of 1.81%.

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
55.38%
Revenue from Operations
43.32%
Total Assets
-6.37%
Profit or Loss
106.69%
Net Worth
1.81%
EBITDA
123.70%

What is the Ownership and Shareholding Structure of Tgb Banquets And Hotels?

In 2023, Tgb Banquets And Hotels had a promoter holding of 31.71% and a public holding of 68.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.20 Cr

Satisfied Charges

₹240.21 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 7.20 Cr

Latest Charge Details

DateLenderAmountStatus
18 Feb 2022Indian Overseas Bank₹1.80 CrOpen
29 Mar 2011Indian Overseas Bank₹5.40 CrOpen
20 Dec 2012Religare Finvest Limited₹30.00 CrSatisfied
17 Dec 2011Icici Bank Limited₹62.00 CrSatisfied
14 Jul 2011Kotak Mahindra Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Tgb Banquets And Hotels?

Tgb Banquets And Hotels has a workforce of 17 employees as of Apr 03, 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 Tgb Banquets And Hotels, 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 Tgb Banquets And Hotels'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 Tgb Banquets And Hotels

Recent activity within the organization

  • Annual General Meeting

    Tgb Banquets And Hotels Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 5.40 Cr registered on 29 Mar 2011 with Charge ID 10280135 was modified on 10 Aug 2023.

    10 Aug 2023

  • Balance Sheet

    Tgb Banquets And Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 1.80 Cr with Charge ID 100543062 was registered on 18 Feb 2022.

    18 Feb 2022

  • Director Appointment

    Jasmin Jaykumar Doshi was appointed as a Director was appointed as a Director on 09 Nov 2020 & has been associated with this company since 4 years 2 months .

    09 Nov 2020

  • Director Appointment

    Mansukhlal Arjanbhai Nakrani was appointed as a Director was appointed as a Director on 23 Jan 2020 & has been associated with this company since 5 years 8 days .

    23 Jan 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Tgb Banquets And Hotels Limited was incorporated on 01 Nov 1999.

  • The authorized share capital of Tgb Banquets And Hotels Limited is ₹ 50.00 Cr and paid-up capital is ₹ 29.29 Cr.

  • Currently 8 directors are associated with Tgb Banquets And Hotels Limited.

    • Narendra Gurmukhdas Somani
    • Hemant Gurmukhdas Somani
    • Devanand Gurmukhdas Somani
    • Mansukhlal Arjanbhai Nakrani
    • Jasmin Jaykumar Doshi
    • Nishit Bharatbhai Popat
    • Arapita Jitendrabhai Shah
    • Jaydeepsinh Vikramsinh Chavda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tgb Banquets And Hotels Limited is The Grand Bhagwatis G Highway Bodakdev, Ahmedabad 9, Gujarat, India, 380054.

  • The corporate identification number (CIN) of Tgb Banquets And Hotels Limited is L55100GJ1999PLC036830 and the company number is 036830 as per Ministry of Corporate Affairs (MCA).

  • Yes, Tgb Banquets And Hotels Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): TGBHOTELS.

  • The Official website of Tgb Banquets And Hotels Limited is https://www.thegrandbhagwati.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tgb Banquets And Hotels Limited has risen by 55.38%.

  • As Per 2023 financial reports, 17 employees are currently employed by Tgb Banquets And Hotels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tgb Banquets And Hotels Limited has experienced an upsurge of 1.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tgb Banquets And Hotels Limited amount to ₹ 7.20 Cr.

  • The most recent Balance Sheet for Tgb Banquets And Hotels Limited was filed with the ROC on 31 Mar 2023.

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