True Wealth Hotels Private Limited

Offers various hospitality services such as hotels, restaurants, conference centers, and more.

2005 | Ernakulam, Kerala (India) | Active
Last Updated: December 16, 2024

True Wealth Hotels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.95 M
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 6.22 Cr
  • Revenue Growth %
  • Profit Growth 29.59%
  • Ebitda 61.65%
  • Net Worth -2.06%
  • Total Assets -5.09%

About True Wealth Hotels

True Wealth Hotels Private Limited (TWHPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 August 2005 and has a history of 19 years and five months. Its registered office is in Ernakulam, Kerala, 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 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.95 M.

The company has closed loans amounting to ₹6.22 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Lekshmanan Balachandran, Kariyezhath Shaji, Shaji Ayyappankutty, and One other member serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101KL2005PTC018552

  • Company No.

    018552

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 2005

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Travel and Hospitality

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

Board Members (4)

Name Designation Appointment Date Status
Govind Kumary Country flag representing In Additional Director 16-Sep-2020 Current
Lekshmanan Balachandran Country flag representing In Additional Director 08-Mar-2022 Current
Kariyezhath Shaji Country flag representing In Additional Director 17-Feb-2022 Current
Shaji Ayyappankutty Country flag representing In Additional Director 17-Feb-2022 Current

Financial Performance of True Wealth Hotels.

True Wealth Hotels Private Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 29.59% increase in profit. The company's net worth dipped by a decrease of 2.06%.

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
Revenue from Operations
Total Assets
-5.09%
Profit or Loss
29.59%
Net Worth
-2.06%
EBITDA
61.65%

What is the Ownership and Shareholding Structure of True Wealth Hotels?

Unlock access to True Wealth Hotels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹62.20 M

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 3.42 Cr
  • South Indian Bank Limited : 2.80 Cr

Latest Charge Details

Date Lender Amount Status
26 Mar 2007 The South Indian Bank Limited ₹1.70 M Satisfied
11 Aug 2006 South Indian Bank Limited ₹2.39 Cr Satisfied
18 Nov 2005 The South Indian Bank Limited ₹3.25 Cr Satisfied
09 Nov 2005 South Indian Bank Limited ₹4.10 M Satisfied

How Many Employees Work at True Wealth Hotels?

Unlock and access historical data on people associated with True Wealth 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 True Wealth 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 True Wealth 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 True Wealth Hotels

Recent activity within the organization

  • Annual General Meeting

    True Wealth Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    True Wealth Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.

    31 Mar 2022

  • Director Appointment

    Lekshmanan Balachandran was appointed as a Additional Director was appointed as a Additional Director on 08 Mar 2022 & has been associated with this company since 2 years 10 months .

    08 Mar 2022

  • Director Appointment

    Kariyezhath Sathyan Shaji was appointed as a Additional Director was appointed as a Additional Director on 17 Feb 2022 & has been associated with this company since 2 years 11 months .

    17 Feb 2022

  • Director Appointment

    Shaji Kattiparambil Ayyappankutty was appointed as a Additional Director was appointed as a Additional Director on 17 Feb 2022 & has been associated with this company since 2 years 11 months .

    17 Feb 2022

  • Director Appointment

    Govind Easwara Pillai Retna Kumary was appointed as a Additional Director was appointed as a Additional Director on 16 Sep 2020 & has been associated with this company since 4 years 4 months .

    16 Sep 2020

Frequently asked questions

  • True Wealth Hotels Private Limited was incorporated on 22 Aug 2005.

  • The authorized share capital of True Wealth Hotels Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.95 M.

  • Currently 4 directors are associated with True Wealth Hotels Private Limited.

    • Lekshmanan Balachandran
    • Kariyezhath Sathyan Shaji
    • Shaji Kattiparambil Ayyappankutty
    • Govind Easwara Pillai Retna Kumary
  • As per Ministry of Corporate Affairs (Mca), the registered address of True Wealth Hotels Private Limited is 7Th Floor Amritha Trade Tower S.A Road, Pallimukku India, Kochi, Kerala, 682016.

  • The corporate identification number (CIN) of True Wealth Hotels Private Limited is U55101KL2005PTC018552 and the company number is 018552 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2019 indicates that The net worth of True Wealth Hotels Private Limited has experienced an downturn of -2.06%.

  • The most recent Balance Sheet for True Wealth Hotels Private Limited was filed with the ROC on 31 Mar 2022.

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