World Resorts Limited

Luxury hotel and resort company offering hospitality services, based in Bangalore since 1995.

1995 | Bangaluru, Karnataka (India) | Active
Last Updated:

World Resorts Profile

Key Indicators

  • Authorised Capital ₹ 82.75 Cr
  • Paid Up Capital ₹ 60.75 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 72.92 Cr
  • Revenue Growth 98.75%
  • Profit Growth 45.93%
  • Ebitda 169079.49%
  • Net Worth -7.18%
  • Total Assets 6.14%

About World Resorts

World Resorts Limited (WRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 April 1995 and has a history of 29 years and 11 months. Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 82.75 Cr and a paid-up capital of Rs 60.75 Cr.

The company has closed loans amounting to ₹72.92 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at World Resorts Limited India are Monika Thanvi as COMPANY SECRETARY and R Narasimman as Cfo. Bipin Agarwal, Rajeev Asopa, Bidhubhusan Samal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1995PLC017694

  • Company No.

    017694

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 1995

  • Date of AGM

    10 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

Who are the key members and board of directors at World Resorts?

Executive Team (2)

NameDesignationAppointment DateStatus
Monika Thanvi Company Secretary11-Jun-2021Current
R Narasimman CFO10-Nov-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajeev Asopa Country flag representing In Director 16-Mar-2024Current
Bidhubhusan Samal Country flag representing In Director 02-Feb-2011Current
Bipin Agarwal Country flag representing In Director 22-Jan-2011Current
Debashis Nanda Country flag representing In Director 16-Mar-2024Current
Surinder Chawla Country flag representing In Director 16-Mar-2024Current

Financial Performance of World Resorts.

World Resorts Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 98.75% increase. The company also saw a substantial improvement in profitability, with a 45.93% increase in profit. The company's net worth dipped by a decrease of 7.18%.

World Resorts revenue growth over time
World Resorts 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
98.75%
Revenue from Operations
103.00%
Total Assets
6.14%
Profit or Loss
45.93%
Net Worth
-7.18%
EBITDA
169079.49%

What is the Ownership and Shareholding Structure of World Resorts?

In 2023, World Resorts had a promoter holding of 97.79% and a public holding of 2.21%. 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

₹72.92 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 56.75 Cr
  • Bank Of India : 10.00 Cr
  • Canara Bank (Truestee) : 5.99 Cr
  • Toyota Financial Services India Limited : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2016Toyota Financial Services India Limited₹1.80 MSatisfied
05 Jun 2014Canara Bank₹4.70 CrSatisfied
09 May 2008Bank Of India₹10.00 CrSatisfied
09 May 2006Canara Bank₹5.00 CrSatisfied
04 Apr 2006Canara Bank₹8.48 CrSatisfied

How Many Employees Work at World Resorts?

World Resorts has a workforce of 143 employees as of Apr 09, 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 World Resorts Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    World Resorts Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

  • Balance Sheet

    World Resorts Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Rajeev Kumar Asopa was appointed as a Director was appointed as a Director on 16 Mar 2024 & has been associated with this company since 1 year 11 days .

  • Director Appointment

    Debashis Nanda was appointed as a Director was appointed as a Director on 16 Mar 2024 & has been associated with this company since 1 year 11 days .

  • Director Appointment

    Surinder Singh Chawla was appointed as a Director was appointed as a Director on 16 Mar 2024 & has been associated with this company since 1 year 11 days .

  • Charges

    A charge registered on 05 Jun 2014 via Charge ID 10502957 with Canara Bank was fully satisfied on 28 Jun 2019.

Frequently asked questions

  • What is the Incorporation or founding date of World Resorts Limited?

    World Resorts Limited was incorporated on 27 Apr 1995.

  • What is authorized share capital and paid-up capital of World Resorts Limited?

    The authorized share capital of World Resorts Limited is ₹ 82.75 Cr and paid-up capital is ₹ 60.75 Cr.

  • Who are the current board members & directors of World Resorts Limited?

    Currently 7 directors are associated with World Resorts Limited.

    • Bipin Agarwal
    • Rajeev Kumar Asopa
    • Bidhubhusan Samal
    • Debashis Nanda
    • Surinder Singh Chawla
    • Monika Jitendra Thanvi
    • R Narasimman

  • What is the registered address of World Resorts Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of World Resorts Limited is Second Floor No. 36/1-2 4Th Temple Street 16Th Cross Malleshwaram, India, Bangalore North, Karnataka, 560003.

  • What is the corporate identification number (CIN) and company number of World Resorts Limited?

    The corporate identification number (CIN) of World Resorts Limited is U85110KA1995PLC017694 and the company number is 017694 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of World Resorts Limited?

    The Official website of World Resorts Limited is https://www.goldenpalmshotel.com

  • What has been the recent revenue trend for World Resorts Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for World Resorts Limited has risen by 98.75%.

  • How many employees does World Resorts Limited currently have?

    As Per 2023 financial reports, 143 employees are currently employed by World Resorts Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of World Resorts Limited has experienced an downturn of -7.18%.

  • When was the last Balance Sheet of World Resorts Limited filed with the ROC?

    The most recent Balance Sheet for World Resorts Limited was filed with the ROC on 31 Mar 2024.

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