Vitizen Hotels Limited

Hospitality company providing franchise outlets in Maharashtra, Gujarat, and North region.

2015 | Mumbai, Maharashtra (India) | Active
Last Updated:

Vitizen Hotels Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.74 Cr
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 74.77%
  • Profit Growth 644.19%
  • Ebitda 500.06%
  • Net Worth 24.92%
  • Total Assets -13.52%

About Vitizen Hotels

Vitizen Hotels Limited (VHL) is a Public Limited Indian Non-Government Company incorporated in India on 26 August 2015 (Nine years and nine months 1 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Vits Worldwide 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 6.00 Cr and a paid-up capital of Rs 3.74 Cr.

The company has closed loans amounting to ₹2.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nanette Ralph, Vidhi Kamat, and Ramdas Shanbhag serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74120MH2015PLC267791

  • Company No.

    267791

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2015

  • Date of AGM

    25 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality
Company report

Vitizen Hotels Limited

Explore comprehensive data for Vitizen Hotels Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

Name Designation Appointment Date Status
Vidhi Kamat Country flag representing In Managing Director 26-Aug-2015 Current

Board Members (2)

Name Designation Appointment Date Status
Nanette Ralph Country flag representing In Director 13-Feb-2023 Current
Ramdas Shanbhag Country flag representing In Director 15-Sep-2021 Current

Financial Performance of Vitizen Hotels.

Vitizen Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 74.77% increase. The company also saw a substantial improvement in profitability, with a 644.19% increase in profit. The company's net worth Soared by an impressive increase of 24.92%.

Vitizen Hotels revenue growth over time
Vitizen Hotels 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
74.77%
Revenue from Operations
76.28%
Total Assets
-13.52%
Profit or Loss
644.19%
Net Worth
24.92%
EBITDA
500.06%

What is the Ownership and Shareholding Structure of Vitizen Hotels?

In 2023, Vitizen Hotels had a promoter holding of 94.13% and a public holding of 5.88%. 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

₹2.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
27 Sep 2019 Hdfc Bank Limited ₹2.00 Cr Satisfied

How Many Employees Work at Vitizen Hotels?

Vitizen Hotels has a workforce of 52 employees as of Apr 03, 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 Vitizen Hotels Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Vitizen Hotels Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.

  • Charges

    A charge registered on 27 Sep 2019 via Charge ID 100291781 with Hdfc Bank Limited was fully satisfied on 25 Apr 2023.

  • Balance Sheet

    Vitizen Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Nanette Dsa Ralph was appointed as a Director was appointed as a Director on 13 Feb 2023 & has been associated with this company since 2 years 3 months .

  • Director Appointment

    Ramdas Devidas Shanbhag was appointed as a Director was appointed as a Director on 15 Sep 2021 & has been associated with this company since 3 years 8 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100291781 was registered on 27 Sep 2019.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Vitizen Hotels Limited?

    Vitizen Hotels Limited was incorporated on 26 Aug 2015.

  • What is authorized share capital and paid-up capital of Vitizen Hotels Limited?

    The authorized share capital of Vitizen Hotels Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.74 Cr.

  • Who are the current board members & directors of Vitizen Hotels Limited?

    Currently 3 directors are associated with Vitizen Hotels Limited.

    • Nanette Dsa Ralph
    • Vidhi Vikram Kamat
    • Ramdas Devidas Shanbhag

  • What is the registered address of Vitizen Hotels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vitizen Hotels Limited is D-09, Eastern Business District Lbs Road Bhandup West India, Mumbai, Maharashtra, 400078.

  • What is the corporate identification number (CIN) and company number of Vitizen Hotels Limited?

    The corporate identification number (CIN) of Vitizen Hotels Limited is U74120MH2015PLC267791 and the company number is 267791 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vitizen Hotels Limited?

    The Official website of Vitizen Hotels Limited is https://www.vitshotels.com

  • What has been the recent revenue trend for Vitizen Hotels Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vitizen Hotels Limited has risen by 74.77%.

  • How many employees does Vitizen Hotels Limited currently have?

    As Per 2023 financial reports, 52 employees are currently employed by Vitizen Hotels Limited.

  • What change has been observed in the net worth of Vitizen Hotels Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vitizen Hotels Limited has experienced an upsurge of 24.92%.

  • When was the last Balance Sheet of Vitizen Hotels Limited filed with the ROC?

    The most recent Balance Sheet for Vitizen Hotels Limited was filed with the ROC on 31 Mar 2023.

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