Veer Motels & Resorts (P) Ltd.

Operates motels and resorts in Amritsar, Punjab since 2004.

2004 | Amritsar, Punjab (India) | Active
Last Updated:

Veer Motels & Resorts (P) Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.98 M
  • Satisfied Charges ₹ 2.34 Cr
  • Revenue Growth 89.29%
  • Profit Growth 101.46%
  • Ebitda 198.74%
  • Net Worth 0.68%
  • Total Assets -6.75%

About Veer Motels & Resorts (P)

Veer Motels & Resorts (P) Ltd. (VMRPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 June 2004 and has a history of 20 years and nine months. Its registered office is in Amritsar, Punjab, 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹4.98 M. The company has closed loans amounting to ₹2.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kulwinderjit Anand, Sameer Sharma, and Narinder Sharma serve as directors at the Company.

Company Details

  • Location

    Amritsar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55100PB2004PTC027239

  • Company No.

    027239

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 2004

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Travel and Hospitality

Who are the key members and board of directors at Veer Motels & Resorts (P)?

Board Members (3)

NameDesignationAppointment DateStatus
Kulwinderjit Anand Country flag representing In Director 24-Jun-2004Current
Sameer Sharma Country flag representing In Director 05-Apr-2012Current
Narinder Sharma Country flag representing In Director 05-Apr-2012Current

Financial Performance of Veer Motels & Resorts (P).

Veer Motels & Resorts (P) Ltd., for the financial year ended 2022, experienced significant growth in revenue, with a 89.29% increase. The company also saw a substantial improvement in profitability, with a 101.46% increase in profit. The company's net worth moved up by a moderate rise of 0.68%.

Veer Motels & Resorts (P) revenue growth over time
Veer Motels & Resorts (P) 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
89.29%
Revenue from Operations
90.19%
Total Assets
-6.75%
Profit or Loss
101.46%
Net Worth
0.68%
EBITDA
198.74%

What is the Ownership and Shareholding Structure of Veer Motels & Resorts (P)?

In 2020, Veer Motels & Resorts (P) 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

₹4.98 M

Satisfied Charges

₹23.40 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2020Axis Bank Limited₹0.50 MOpen
21 Aug 2020Axis Bank Limited₹0.48 MOpen
17 Apr 2018Axis Bank Limited₹4.00 MOpen
21 Jul 2009Oriental Bank Of Commerce₹1.45 CrSatisfied
31 May 2005Lord Krishna Bank₹0.60 MSatisfied

How Many Employees Work at Veer Motels & Resorts (P)?

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

Employee growth trends for Veer Motels & Resorts (P) Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veer Motels & Resorts (P), 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 Veer Motels & Resorts (P)'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 Veer Motels & Resorts (P)

Recent activity within the organization

  • Annual General Meeting

    Veer Motels & Resorts (P) Ltd. last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

  • Balance Sheet

    Veer Motels & Resorts (P) Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.50 M with Charge ID 100388838 was registered on 27 Aug 2020.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.48 M with Charge ID 100388661 was registered on 21 Aug 2020.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.00 M with Charge ID 100177855 was registered on 17 Apr 2018.

  • Charges

    A charge registered on 21 Jul 2009 via Charge ID 10169650 with Oriental Bank Of Commerce was fully satisfied on 08 Apr 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Veer Motels & Resorts (P) Ltd.?

    Veer Motels & Resorts (P) Ltd. was incorporated on 24 Jun 2004.

  • What is authorized share capital and paid-up capital of Veer Motels & Resorts (P) Ltd.?

    The authorized share capital of Veer Motels & Resorts (P) Ltd. is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Who are the current board members & directors of Veer Motels & Resorts (P) Ltd.?

    Currently 3 directors are associated with Veer Motels & Resorts (P) Ltd..

    • Kulwinderjit Singh Anand
    • Sameer Sharma
    • Narinder Mohan Sharma

  • What is the registered address of Veer Motels & Resorts (P) Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veer Motels & Resorts (P) Ltd. is Hotel Shiraz Continental Queens Road India, Amritsar, Punjab, 143001.

  • What is the corporate identification number (CIN) and company number of Veer Motels & Resorts (P) Ltd.?

    The corporate identification number (CIN) of Veer Motels & Resorts (P) Ltd. is U55100PB2004PTC027239 and the company number is 027239 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Veer Motels & Resorts (P) Ltd.?

    According to the financial reports for the fiscal year 2022, the revenue trend for Veer Motels & Resorts (P) Ltd. has risen by 89.29%.

  • What change has been observed in the net worth of Veer Motels & Resorts (P) Ltd., and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Veer Motels & Resorts (P) Ltd. has experienced an upsurge of 0.68%.

  • What are the total open charges for Veer Motels & Resorts (P) Ltd.?

    As per the financial statements for fiscal Year 2022, The total open charges for Veer Motels & Resorts (P) Ltd. amount to ₹ 4.98 M.

  • When was the last Balance Sheet of Veer Motels & Resorts (P) Ltd. filed with the ROC?

    The most recent Balance Sheet for Veer Motels & Resorts (P) Ltd. was filed with the ROC on 31 Mar 2023.

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