Varanasi Palace Private Limited

Hotel company providing lodging, catering, and beverage services since 1990 in Varanasi, UP.

1990 | Uttar Pradesh, Uttar Pradesh (India) | Active
Last Updated:

Varanasi Palace Profile

Key Indicators

  • Authorised Capital ₹ 1.96 Cr
  • Paid Up Capital ₹ 1.96 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth 241.47%
  • Profit Growth 154.62%
  • Ebitda 476.19%
  • Net Worth 3.55%
  • Total Assets 6.16%

About Varanasi Palace

Varanasi Palace Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 September 1990 and has a history of 34 years and five months. Its registered office is in Uttar Pradesh, Uttar Pradesh, India.

The Corporate was formerly known as Shekharaj Hotels Private 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 1.96 Cr and a paid-up capital of Rs 1.96 Cr.

The company has closed loans amounting to ₹4.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Om Jaiswal, Pradeep Jaiswal, Pravind Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Uttar Pradesh, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101UP1990PTC012243

  • Company No.

    012243

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Travel and Hospitality

Who are the key members and board of directors at Varanasi Palace?

Board Members (4)

NameDesignationAppointment DateStatus
Om Jaiswal Country flag representing In Director 22-Mar-2004Current
Pradeep Jaiswal Country flag representing In Director 22-Mar-2004Current
Pravind Singh Country flag representing In Director 01-Aug-2001Current
Utkarsh Singh Country flag representing In Director 05-Jan-2018Current

Financial Performance of Varanasi Palace.

Varanasi Palace Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 241.47% increase. The company also saw a substantial improvement in profitability, with a 154.62% increase in profit. The company's net worth moved up by a moderate rise of 3.55%.

Varanasi Palace revenue growth over time
Varanasi Palace 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
241.47%
Revenue from Operations
241.44%
Total Assets
6.16%
Profit or Loss
154.62%
Net Worth
3.55%
EBITDA
476.19%

What is the Ownership and Shareholding Structure of Varanasi Palace?

In 2023, Varanasi Palace had a promoter holding of 62.28% and a public holding of 37.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.45 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
21 Nov 2006State Bank Of India₹4.50 MSatisfied

How Many Employees Work at Varanasi Palace?

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

Employee growth trends for Varanasi Palace Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varanasi Palace, 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 Varanasi Palace'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 Varanasi Palace

Recent activity within the organization

  • Annual General Meeting

    Varanasi Palace Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Varanasi Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

  • Director Appointment

    Utkarsh Singh was appointed as a Director was appointed as a Director on 05 Jan 2018 & has been associated with this company since 7 years 1 month .

  • Charges

    A charge registered on 21 Nov 2006 via Charge ID 10028340 with State Bank Of India was fully satisfied on 21 Nov 2013.

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.45 Cr with Charge ID 10028340 was registered on 21 Nov 2006.

  • Director Appointment

    Pradeep Kumar Jaiswal was appointed as a Director was appointed as a Director on 22 Mar 2004 & has been associated with this company since 20 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Varanasi Palace Private Limited?

    Varanasi Palace Private Limited was incorporated on 06 Sep 1990.

  • What is authorized share capital and paid-up capital of Varanasi Palace Private Limited?

    The authorized share capital of Varanasi Palace Private Limited is ₹ 1.96 Cr and paid-up capital is ₹ 1.96 Cr.

  • Who are the current board members & directors of Varanasi Palace Private Limited?

    Currently 4 directors are associated with Varanasi Palace Private Limited.

    • Om Prakash Jaiswal
    • Pradeep Kumar Jaiswal
    • Pravind Kumar Singh
    • Utkarsh Singh

  • What is the registered address of Varanasi Palace Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varanasi Palace Private Limited is 292-S-1/116-K-S Englishia Line Varanasi, Uttar Pradesh, Uttar Pradesh, India.

  • What is the corporate identification number (CIN) and company number of Varanasi Palace Private Limited?

    The corporate identification number (CIN) of Varanasi Palace Private Limited is U55101UP1990PTC012243 and the company number is 012243 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Varanasi Palace Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varanasi Palace Private Limited has risen by 241.47%.

  • What change has been observed in the net worth of Varanasi Palace Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Varanasi Palace Private Limited has experienced an upsurge of 3.55%.

  • When was the last Balance Sheet of Varanasi Palace Private Limited filed with the ROC?

    The most recent Balance Sheet for Varanasi Palace Private Limited was filed with the ROC on 31 Mar 2023.

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