I Square Hospitality Private Limited
About I Square Hospitality Private Limited
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I Square Hospitality Private Limited was a private limited company based in Ludhiana, Punjab, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 20 November 2012.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55101PB2012PTC036851. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Satnam Singh and Surinder Singh.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Ground Floor Mc No.2439/1284 Near Pau Gate No.1 Kartar Bhawan Ferozepur Road, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.06 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹1.91 Lakh (net margin -1.8%) and EBITDA of ₹1.07 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Company details
Contact details
I Square Hospitality Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGround Floor Mc No.2439/1284 Near Pau Gate No.1 Kartar Bhawan Ferozepur Road, Ludhiana, Punjab, India – 141001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of I Square Hospitality Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of I Square Hospitality is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of I Square Hospitality Private Limited, buy the company report.
Financials of I Square Hospitality Private Limited
FY 2018 filings availableI Square Hospitality Private Limited reported revenue of ₹1.06 Cr (down 15% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 61% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.06 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.07 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.91 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1% | |||
| Net Profit Margin | -1.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of I Square Hospitality Private Limited, buy the company report.
Board of directors of I Square Hospitality Private Limited
I Square Hospitality has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satnam Singh | Additional Director | 24 Aug 2019 | 7 Years 2 Months | As last reported |
| Surinder Singh | Additional Director | 10 Dec 2021 | 4 Years 10 Months | As last reported |
Auditor
I Square Hospitality Private Limited is audited by SURESH MITTAL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH MITTAL & ASSOCIATES | FY 2018 | 003800N |
Shareholding
The shareholding of I Square Hospitality Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of I Square Hospitality Private Limited, buy the company report.
Legal cases
I Square Hospitality Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Appeal | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of I Square Hospitality Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for I Square Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
I Square Hospitality has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of I Square Hospitality Private Limited, buy the company report.
Recent activity
I Square Hospitality Private Limited has 12 board changes on record since 2017: 2 appointments and 10 cessations. The latest: Baljit Singh ceased to be Additional Director on 19 Dec 2021.
3 earlier events are in the company report.
Frequently asked questions
I Square Hospitality has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
I Square Hospitality was a private limited company based in Ludhiana, Punjab, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 20 November 2012 and is registered under CIN U55101PB2012PTC036851. The company has been struck off by the Registrar of Companies and is no longer operational.
I Square Hospitality had 2 directors:
- Satnam Singh - Additional Director
- Surinder Singh - Additional Director
The CIN (Corporate Identification Number) of I Square Hospitality is U55101PB2012PTC036851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of I Square Hospitality is at Ground Floor Mc No.24391284 Near Pau Gate No.1 Kartar Bhawan Ferozepur Road, Ludhiana, Punjab, India – 141001.
I Square Hospitality was incorporated on 20 November 2012. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of I Square Hospitality on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. I Square Hospitality has 1 GST registration on record and it is cancelled or inactive.
I Square Hospitality operated in the travel and hospitality industry, in the hotel and accommodation services segment. It worked in this industry before it was struck off.
I Square Hospitality has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the district courts.
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