The Lake Palace Hotels & Motels Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.42 M
- Company Age 61 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 187.15 Cr
- Satisfied Charges ₹ 297.60 Cr
- Revenue Growth 40.98%
- Profit Growth 1018.57%
- Ebitda 80.94%
- Net Worth 70.43%
- Total Assets 4.89%
About The Lake Palace Hotels & Motels
The Lake Palace Hotels & Motels Private Limited (TLPHMPL) was founded in India on 02 March 1963 and has a glorious history of 61 years and 11 months. Its registered office is in Udaipur, Rajasthan, 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 5.00 Cr and a paid-up capital of Rs 4.42 M.
The company currently has active open charges totaling ₹187.15 Cr. The company has closed loans amounting to ₹297.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at The Lake Palace Hotels & Motels Private Limited India is Himank Talesara as CFO. Salil Singhal, Lakshyaraj Mewar, Vinod Nagpal, and One other member serve as directors at the Company.
Company Details
- Location
Udaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55101RJ1963PTC001158
- Company No.
001158
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Mar 1963
- Date of AGM
16 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Who are the key members and board of directors at The Lake Palace Hotels & Motels?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lakshyaraj Mewar  | Managing Director | 29-Dec-2010 | Current |
| Himank Talesara | CFO | 29-Apr-2013 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Salil Singhal | Director | 30-Sep-2000 | Current |
| Vinod Nagpal | Director | 30-Sep-2000 | Current |
| Balveer Naruka | Nominee Director | 30-Apr-2015 | Current |
Financial Performance of The Lake Palace Hotels & Motels.
The Lake Palace Hotels & Motels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.98% increase. The company also saw a substantial improvement in profitability, with a 1018.57% increase in profit. The company's net worth Soared by an impressive increase of 70.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of The Lake Palace Hotels & Motels?
In 2023, The Lake Palace Hotels & Motels had a promoter holding of 100.00%. The company had 5 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
South Asia Consultants Private LimitedVinod Nagpal is a mutual person
Hotel And Restaurant Association Of Northern India..Lakshyaraj Mewar is a mutual person
Historic Resort Hotels Private LimitedSalil Singhal and Lakshyaraj Mewar are mutual person
- Chetak Exports (India) Private Limited
Lakshyaraj Mewar is a mutual person
- The Lake Shore Palace Hotel Private Limited
Lakshyaraj Mewar and Balveer Naruka are mutual person
- Shikarbadi Hotel Pvt Ltd
Lakshyaraj Mewar is a mutual person
Charges (Loans)
₹187.15 Cr
₹297.60 Cr
Charges Breakdown by Lending Institutions
- Vijaya Bank : 120.00 Cr
- Hdfc Bank Limited : 57.00 Cr
- Others : 10.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2024 | Others | ₹1.05 M | Open |
| 04 Aug 2023 | Hdfc Bank Limited | ₹57.00 Cr | Open |
| 07 Sep 2022 | Others | ₹2.40 M | Open |
| 03 Sep 2021 | Others | ₹9.80 Cr | Open |
| 27 Dec 2018 | Vijaya Bank | ₹100.00 Cr | Open |
How Many Employees Work at The Lake Palace Hotels & Motels?
The Lake Palace Hotels & Motels has a workforce of 190 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of The Lake Palace Hotels & Motels, 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 The Lake Palace Hotels & Motels's trajectory.
Rating
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
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.
