Westinn Limited

Hospitality company with hotels and restaurants in Gujarat, established in 1993.

1993 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 31, 2024

Westinn Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 29.00 Cr
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 42.03 Cr
  • Satisfied Charges ₹ 258.39 Cr
  • Revenue Growth 54.80%
  • Profit Growth 64.29%
  • Ebitda 1975.73%
  • Net Worth -188.54%
  • Total Assets -1.72%

About Westinn

Westinn Limited (WL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 March 1993 and has a history of 31 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as National 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 35.00 Cr and a paid-up capital of Rs 29.00 Cr.

The company currently has active open charges totaling ₹42.03 Cr. The company has closed loans amounting to ₹258.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Westinn Limited India are Rajesh Dubal as CFO and Dhrumil Kothari as Company Secretary. Rajesh Dubal, Inder Bajaj, Geeta Khurana, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55100GJ1993PLC019187

  • Company No.

    019187

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Travel and Hospitality

Who are the key members and board of directors at Westinn?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajesh Dubal Country flag representing In CFO01-Nov-2015Current
Dhrumil Kothari Company Secretary01-Apr-2018Current
Vikram Khurana Country flag representing In Managing Director30-May-1995Current

Board Members (3)

NameDesignationAppointment DateStatus
Geeta Khurana Country flag representing In Director 31-Jul-2010Current
Inder Bajaj Country flag representing In Director 01-Mar-2015Current
Vikram Shah Country flag representing In Director 01-Mar-2015Current

Financial Performance of Westinn.

Westinn Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.8% increase. The company also saw a substantial improvement in profitability, with a 64.29% increase in profit. The company's net worth observed a substantial decline by a decrease of 188.54%.

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
54.80%
Revenue from Operations
55.62%
Total Assets
-1.72%
Profit or Loss
64.29%
Net Worth
-188.54%
EBITDA
1975.73%

What is the Ownership and Shareholding Structure of Westinn?

In 2023, Westinn had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.03 Cr

Satisfied Charges

₹258.39 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 37.78 Cr
  • Others : 4.25 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2024Hdfc Bank Limited₹37.78 CrOpen
28 Dec 2016Others₹4.25 CrOpen
16 Jun 2021Others₹5.72 CrSatisfied
01 Mar 2021Others₹5.72 CrSatisfied
11 Jan 2019Others₹7.00 CrSatisfied

How Many Employees Work at Westinn?

Westinn has a workforce of 250 employees as of Mar 29, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 37.78 Cr with Charge ID 100941485 was registered on 24 Jun 2024.

    24 Jun 2024

  • Charges

    A charge registered on 11 Jan 2019 via Charge ID 100238248 with Others was fully satisfied on 24 Jun 2024.

    24 Jun 2024

  • Charges

    A charge registered on 29 Sep 2016 via Charge ID 100096187 with Others was fully satisfied on 24 Jun 2024.

    24 Jun 2024

  • Charges

    A charge registered on 16 Jun 2021 via Charge ID 100475678 with Others was fully satisfied on 18 Jun 2024.

    18 Jun 2024

  • Charges

    A charge registered on 01 Mar 2021 via Charge ID 100421296 with Others was fully satisfied on 18 Jun 2024.

    18 Jun 2024

  • Charges

    A charge registered on 21 Mar 2018 via Charge ID 100172771 with Others was fully satisfied on 18 Jun 2024.

    18 Jun 2024

Frequently asked questions

  • Westinn Limited was incorporated on 23 Mar 1993.

  • The authorized share capital of Westinn Limited is ₹ 35.00 Cr and paid-up capital is ₹ 29.00 Cr.

  • Currently 7 directors are associated with Westinn Limited.

    • Rajesh Bhudarbhai Dubal
    • Dhrumil Sudhirbhai Kothari
    • Rajesh Bhudarbhai Dubal
    • Inder Mohan Singh Paramjit Singh Bajaj
    • Geeta Vikram Khurana
    • Vikram Sudhir Khurana
    • Vikram Vinodrai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Westinn Limited is Hotel Fortune Landmark Nr Usmanpura Char Rasta Ashram Road, India, Ahmedabad, Gujarat, 380013.

  • The corporate identification number (CIN) of Westinn Limited is U55100GJ1993PLC019187 and the company number is 019187 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Westinn Limited has risen by 54.80%.

  • As Per 2023 financial reports, 250 employees are currently employed by Westinn Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Westinn Limited has experienced an downturn of -188.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Westinn Limited amount to ₹ 42.03 Cr.

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

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