Veetrag Hospitality Private Limited

Provides restaurant services and develops land for business purposes.

2000 | Raipur, Chattisgarh (India) | Active
Last Updated:

Veetrag Hospitality Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.97 M
  • Company Age 24 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 136.00 Cr
  • Revenue Growth 97.01%
  • Profit Growth 97.20%
  • Ebitda 154.45%
  • Net Worth -4.75%
  • Total Assets 8.02%

About Veetrag Hospitality

Veetrag Hospitality Private Limited (VHPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 May 2000 and has a history of 24 years and nine months. Its registered office is in Raipur, Chattisgarh, India.

The Corporate was formerly known as Veetrag Developers 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.97 M.

The company has closed loans amounting to ₹136.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anand Sancheti, Paramveer Sancheti, and Akshay Sancheti serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U04520CT2000PTC014243

  • Company No.

    014243

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2000

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Travel and Hospitality

Who are the key members and board of directors at Veetrag Hospitality?

Board Members (3)

NameDesignationAppointment DateStatus
Anand Sancheti Country flag representing In Director 29-May-2000Current
Paramveer Sancheti Country flag representing In Director 21-Jul-2016Current
Akshay Sancheti Country flag representing In Director 01-Feb-2020Current

Financial Performance of Veetrag Hospitality.

Veetrag Hospitality Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 97.01% increase. The company also saw a substantial improvement in profitability, with a 97.2% increase in profit. The company's net worth dipped by a decrease of 4.75%.

Veetrag Hospitality revenue growth over time
Veetrag Hospitality 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
97.01%
Revenue from Operations
98.33%
Total Assets
8.02%
Profit or Loss
97.20%
Net Worth
-4.75%
EBITDA
154.45%

What is the Ownership and Shareholding Structure of Veetrag Hospitality?

In 2021, Veetrag Hospitality 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

₹0

Satisfied Charges

₹1,360.00 M

Charges Breakdown by Lending Institutions

  • Abhyudaya Co-Operative Bank Limited : 116.00 Cr
  • Others : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2014Others₹20.00 CrSatisfied
07 Mar 2007Abhyudaya Co-Operative Bank Limited₹116.00 CrSatisfied

How Many Employees Work at Veetrag Hospitality?

Veetrag Hospitality has a workforce of 18 employees as of Mar 28, 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.

Employee growth trends for Veetrag Hospitality Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veetrag Hospitality, 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 Veetrag Hospitality'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 Veetrag Hospitality

Recent activity within the organization

  • Annual General Meeting

    Veetrag Hospitality Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Veetrag Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

  • Charges

    A charge registered on 29 Sep 2014 via Charge ID 100108614 with Others was fully satisfied on 24 Jun 2020.

  • Director Appointment

    Akshay Abhay Sancheti was appointed as a Director was appointed as a Director on 01 Feb 2020 & has been associated with this company since 5 years 1 month .

  • Director Appointment

    Paramveer Abhay Sancheti was appointed as a Director was appointed as a Director on 21 Jul 2016 & has been associated with this company since 8 years 7 months .

  • Charges

    A charge registered on 07 Mar 2007 via Charge ID 10042941 with Abhyudaya Co-Operative Bank Limited was fully satisfied on 20 Nov 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Veetrag Hospitality Private Limited?

    Veetrag Hospitality Private Limited was incorporated on 29 May 2000.

  • What is authorized share capital and paid-up capital of Veetrag Hospitality Private Limited?

    The authorized share capital of Veetrag Hospitality Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.97 M.

  • Who are the current board members & directors of Veetrag Hospitality Private Limited?

    Currently 3 directors are associated with Veetrag Hospitality Private Limited.

    • Anand Shaktikumar Sancheti
    • Paramveer Abhay Sancheti
    • Akshay Abhay Sancheti

  • What is the registered address of Veetrag Hospitality Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veetrag Hospitality Private Limited is C/O Manvendra Daftari1-2A 1Sahkari Marg Choubey Colony, Raipur India, Distt-Raipur, Chattisgarh, 492001.

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

    The corporate identification number (CIN) of Veetrag Hospitality Private Limited is U04520CT2000PTC014243 and the company number is 014243 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Veetrag Hospitality Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Veetrag Hospitality Private Limited has risen by 97.01%.

  • How many employees does Veetrag Hospitality Private Limited currently have?

    As Per 2022 financial reports, 18 employees are currently employed by Veetrag Hospitality Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Veetrag Hospitality Private Limited has experienced an downturn of -4.75%.

  • When was the last Balance Sheet of Veetrag Hospitality Private Limited filed with the ROC?

    The most recent Balance Sheet for Veetrag Hospitality Private Limited was filed with the ROC on 31 Mar 2024.

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