Tropical Hotels Pvt. Ltd.

Manages real estate properties for various hospitality businesses, including restaurants, hotels, and holiday camps.

1987 | Mumbai-400028, Maharashtra (India) | Active
Last Updated: December 07, 2024

Tropical Hotels Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 38 Year, 5 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.65 Cr
  • Revenue Growth 67.35%
  • Profit Growth 272.80%
  • Ebitda 72.06%
  • Net Worth 9.22%
  • Total Assets -1.64%

About Tropical Hotels

Tropical Hotels Pvt. Ltd. (THPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 February 1987 and has a history of 38 years. Its registered office is in Mumbai-400028, Maharashtra.

The Company is engaged in the Financial Services 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹20.65 Cr.

Arun Sheth, Anirudha Sheth, and Mahesh Sheth serve as directors at the Company.

Company Details

  • Location
    Mumbai-400028, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1987PTC042406

  • Company No.

    042406

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Tropical Hotels?

Board Members (3)

Name Designation Appointment Date Status
Arun Sheth Country flag representing In Director 03-Dec-2003 Current
Anirudha Sheth Country flag representing In Director 03-Dec-2003 Current
Mahesh Sheth Country flag representing In Director 01-Mar-2014 Current

Financial Performance of Tropical Hotels.

Tropical Hotels Pvt. Ltd., for the financial year ended 2022, experienced significant growth in revenue, with a 67.35% increase. The company also saw a substantial improvement in profitability, with a 272.8% increase in profit. The company's net worth moved up by a moderate rise of 9.22%.

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
67.35%
Revenue from Operations
66.80%
Total Assets
-1.64%
Profit or Loss
272.80%
Net Worth
9.22%
EBITDA
72.06%

What is the Ownership and Shareholding Structure of Tropical Hotels?

In 2021, Tropical Hotels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹206.47 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 18.13 Cr
  • Uti Bank Ltd : 2.52 Cr

Latest Charge Details

Date Lender Amount Status
14 Dec 2023 Axis Bank Limited ₹6.00 Cr Open
06 Oct 2020 Axis Bank Limited ₹8.00 Cr Open
27 Sep 2013 Axis Bank Limited ₹4.13 Cr Open
22 Mar 2007 Uti Bank Ltd ₹1.26 Cr Open
22 Mar 2007 Uti Bank Ltd ₹1.26 Cr Open

How Many Employees Work at Tropical Hotels?

Unlock and access historical data on people associated with Tropical Hotels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tropical 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 Tropical 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 Tropical Hotels

Recent activity within the organization

  • Annual General Meeting

    Tropical Hotels Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Tropical Hotels Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 60.00 M with Charge ID 100837215 was registered on 14 Dec 2023.

    14 Dec 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 80.00 M with Charge ID 100377516 was registered on 06 Oct 2020.

    06 Oct 2020

  • Director Appointment

    Mahesh Arun Sheth was appointed as a Director was appointed as a Director on 01 Mar 2014 & has been associated with this company since 10 years 11 months .

    01 Mar 2014

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 41.27 M with Charge ID 10460492 was registered on 27 Sep 2013.

    27 Sep 2013

Frequently asked questions

  • Tropical Hotels Pvt. Ltd. was incorporated on 03 Feb 1987.

  • The authorized share capital of Tropical Hotels Pvt. Ltd. is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Tropical Hotels Pvt. Ltd..

    • Arun Ramchandra Sheth
    • Anirudha Arun Sheth
    • Mahesh Arun Sheth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tropical Hotels Pvt. Ltd. is Shop No.9 Kamana Co Op Soc.S.K.Bole Road Prabhadevi, . Mumbai-28. 3.12.03. India, Mumbai-400028, Maharashtra.

  • The corporate identification number (CIN) of Tropical Hotels Pvt. Ltd. is U99999MH1987PTC042406 and the company number is 042406 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Tropical Hotels Pvt. Ltd. has risen by 67.35%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Tropical Hotels Pvt. Ltd. has experienced an upsurge of 9.22%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Tropical Hotels Pvt. Ltd. amount to ₹ 20.65 Cr.

  • The most recent Balance Sheet for Tropical Hotels Pvt. Ltd. was filed with the ROC on 31 Mar 2024.