The Lake Palace Hotels & Motels Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 4.42 M
as on 16-11-2024
- Company Age 61 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 187.15 Cr
as on 16-11-2024
- Satisfied Charges ₹ 297.60 Cr
as on 16-11-2024
- Revenue 40.98%
(FY 2023)
- Profit 1018.57%
(FY 2023)
- Ebitda 116.06%
(FY 2023)
- Net Worth 70.43%
(FY 2023)
- Total Assets 4.89%
(FY 2023)
About The Lake Palace Hotels & Motels
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, Balveer Naruka, Vinod Nagpal, and One other member serve as directors at the Company.
- 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
Company Details
- Location
Udaipur, Rajasthan, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at The Lake Palace Hotels & Motels?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Himank Talesara | CFO | 29-Apr-2013 | Current |
Lakshyaraj Mewar  | Managing Director | 29-Dec-2010 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Salil Singhal | Director | 30-Sep-2000 | Current |
| Balveer Naruka | Nominee Director | 30-Apr-2015 | Current |
| Vinod Nagpal | Director | 30-Sep-2000 | Current |
Financial Performance and Corporate Structure Insights 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
- Ratios
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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)
Hotel And Restaurant Association Of Northern India..Active 72 years 3 monthsLakshyaraj Mewar is a mutual person
Historic Resort Hotels Private LimitedActive 35 years 3 monthsSalil Singhal and Lakshyaraj Mewar are mutual person
- The Lake Shore Palace Hotel Private LimitedActive 52 years 6 months
Balveer Naruka and Lakshyaraj Mewar are mutual person
- Gorbandh Hotel Private LimitedActive 6 years 5 months
Balveer Naruka and Lakshyaraj Mewar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 19 Apr 2024 | ₹1.05 M | Open |
Hdfc Bank Limited Creation Date: 04 Aug 2023 | ₹57.00 Cr | Open |
Others Creation Date: 07 Sep 2022 | ₹2.40 M | 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.
