Accelerant Hospitality Ventures Private Limited
About Accelerant Hospitality Ventures Private Limited
Data last updated:
Accelerant Hospitality Ventures Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 31 December 1981.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1981PTC025982.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹21 Lakh. It was formerly known as Sukra Holdings and Trading Co Pvt Ltd. It was led by directors including Ratan Noshir Karanjia and Zarine Dickey Chothia.
Its last annual general meeting (AGM) was held on 12 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Mehta House79 / 91 Mumbai Samachar Marg, Maharashtra, India – 400001.
As per the financials filed for FY 2016, the company reported a revenue of ₹54.44 Lakh, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹49.46 Lakh (net margin 90.8%) and EBITDA of ₹50.29 Lakh (EBITDA margin 92.4%).
Company details
CIN history
Accelerant Hospitality Ventures has one previous CIN (Corporate Identification Number): U65990MH1981PTC025982. The current CIN is U55101MH1981PTC025982, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101MH1981PTC025982 | Current |
| U65990MH1981PTC025982 | Previous |
Contact details
Accelerant Hospitality Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressMehta House79 / 91 Mumbai Samachar Marg, Maharashtra, India – 400001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Accelerant Hospitality Ventures 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 Accelerant Hospitality Ventures is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Accelerant Hospitality Ventures Private Limited, buy the company report.
Financials of Accelerant Hospitality Ventures Private Limited
FY 2016 filings availableAccelerant Hospitality Ventures Private Limited reported revenue of ₹54.44 Lakh (up 44% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 44% in the latest year. EBITDA rose 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹54.44 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹50.29 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹49.46 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 92.4% | |
| Net Profit Margin | 90.8% | |
| 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 Accelerant Hospitality Ventures Private Limited, buy the company report.
Board of directors of Accelerant Hospitality Ventures Private Limited
Accelerant Hospitality Ventures has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ratan Noshir Karanjia Also directs: Prabhudas Lilladher Financial Services Private Limited | Director | 16 Mar 1989 | 37 Years 7 Months | As last reported |
| Zarine Dickey Chothia | Director | 16 Mar 1989 | 37 Years 7 Months | As last reported |
| Aban Nari Chothia Also directs: Accelerant Ventures India LLP, Accelerant Hospitality Ventures LLP, Accelerant Property Ventures LLP and 5 more | Director | 29 Jan 1998 | 28 Years 8 Months | As last reported |
| Nari Dickey Chothia Also directs: Accelerant Ventures India LLP, Accelerant Hospitality Ventures LLP, Accelerant Property Ventures LLP and 5 more | Director | 16 Mar 1989 | 37 Years 7 Months | As last reported |
Auditor
Accelerant Hospitality Ventures Private Limited is audited by R U Jain & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R U Jain & Co. | FY 2016 |
Shareholding
The shareholding of Accelerant Hospitality Ventures Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Accelerant Hospitality Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Accelerant Hospitality Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Accelerant Hospitality Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Accelerant Hospitality Ventures has 2 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Accelerant Hospitality Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Accelerant Hospitality Ventures Private Limited has 4 board changes on record since 1989: 4 appointments. The latest: Aban Nari Chothia was appointed as Director on 29 Jan 1998.
Frequently asked questions
Accelerant Hospitality Ventures has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Accelerant Hospitality Ventures was a private limited company based in Mumbai, Maharashtra, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 31 December 1981 and is registered under CIN U55101MH1981PTC025982. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Accelerant Hospitality Ventures is U55101MH1981PTC025982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accelerant Hospitality Ventures had 4 directors:
- Ratan Noshir Karanjia - Director
- Zarine Dickey Chothia - Director
- Aban Nari Chothia - Director
- Nari Dickey Chothia - Director
Accelerant Hospitality Ventures was incorporated on 31 December 1981. It is registered with the Registrar of Companies, Mumbai.
The registered office of Accelerant Hospitality Ventures is at Mehta House79 91 Mumbai Samachar Marg, Maharashtra, India – 400001.
The latest financial statements of Accelerant Hospitality Ventures on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 12 August 2016. Year-wise statements from 2015 are in the company report.
Accelerant Hospitality Ventures operated in the travel and hospitality industry, in the hotel and accommodation services segment.
Aban Nari Chothia was appointed as Director on 29 Jan 1998. Nari Dickey Chothia was appointed as Director on 16 Mar 1989. Ratan Noshir Karanjia was appointed as Director on 16 Mar 1989. Accelerant Hospitality Ventures has 4 board changes on record in total.
Yes. Accelerant Hospitality Ventures was formerly known as Sukra Holdings And Trading Co Pvt Ltd.