Kartar Motels Private Limited
About Kartar Motels Private Limited
Data last updated:
Kartar Motels Private Limited is a private limited company based in Punjab, India. It operates in the hostel segment of the tourism and accommodation sector. It was incorporated on 03 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55101PB1998PTC021128. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹25.91 Lakh. It is led by directors including Inder Paul and Balkar Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Nawan Qilla Roadshahkot Distt Jalandhar, Punjab, India – 144702.
As per the financials filed for FY 2019, the company reported a revenue of ₹90,000. For the same year it recorded a net loss of ₹63,078 (net margin -70.1%) and EBITDA of ₹33,000 (EBITDA margin 36.7%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kartar Motels Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNawan Qilla Roadshahkot Distt Jalandhar, Punjab, India – 144702
- IndustryTourism And Accommodation, Hostel, Holiday Homes, Resorts, Inns, Accommodation Services By Hotel
To see the full contact details of Kartar Motels 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
Financials of Kartar Motels Private Limited
FY 2019 filings availableKartar Motels Private Limited reported revenue of ₹90,000 for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over three years. EBITDA rose 139% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹33,000 | ||||
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| Net Profit (PAT) | -₹63,078 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 36.7% | ||||
| Net Profit Margin | -70.1% | ||||
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To see the full financial statements and ratios of Kartar Motels Private Limited, buy the company report.
Board of directors of Kartar Motels Private Limited
Kartar Motels has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Inder Paul | Director | 03 Mar 1998 | 28 Years 8 Months | Current |
| Balkar Singh | Director | 03 Mar 1998 | 28 Years 8 Months | Current |
| Sunder Arora | Director | 03 Mar 1998 | 28 Years 8 Months | Current |
| Harbans Singh | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Kartar Motels Private Limited is audited by TARSEM AGGARWAL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TARSEM AGGARWAL & CO. | FY 2017 | 002902N |
Shareholding
The shareholding of Kartar Motels Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kartar Motels Private Limited, buy the company report.
Legal cases
Kartar Motels Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Appeal | Filed against the company | Disposed |
To see the full case history of Kartar Motels 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 Kartar Motels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kartar Motels 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 Kartar Motels Private Limited, buy the company report.
Recent activity
Kartar Motels Private Limited has 5 board changes on record since 1998: 4 appointments and 1 cessation. The latest: Harbans Singh was appointed as Director on 30 Sep 2014.
Frequently asked questions
Kartar Motels is an active private limited company based in Punjab, India. The company works in hostel, within the tourism and accommodation industry. It was incorporated on 03 March 1998 (28+ years old) and is registered under CIN U55101PB1998PTC021128.
Kartar Motels has 4 current directors:
- Inder Paul - Director
- Balkar Singh - Director
- Sunder Arora - Director
- Harbans Singh - Director
The latest financial statements of Kartar Motels on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Kartar Motels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kartar Motels is U55101PB1998PTC021128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kartar Motels has 1 court case on record: 1 filed against it.
Kartar Motels was incorporated on 03 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Harbans Singh was appointed as Director on 30 Sep 2014. Joginder Singh ceased to be Director on 30 Sep 2014. Balkar Singh was appointed as Director on 03 Mar 1998. Kartar Motels has 5 board changes on record in total.
The registered office of Kartar Motels is at Nawan Qilla Roadshahkot Distt Jalandhar, Punjab, India – 144702.
Kartar Motels operates in the tourism and accommodation industry, in the hostel segment.
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