About Benares Hotels
Benares Hotels is a company based in Varanasi (India) founded in 1971.. The company has 297 employees as of March 31, 2024. Benares Hotels offers products and services including Taj Ganges, Nadesar Palace, and Ginger Hotel. Benares Hotels operates in a competitive market with competitors including Radisson Hotels, Lemon Tree Hotels, FabHotels, Club Mahindra and Indian Hotels, among others.
- Headquarter Varanasi, India
- Employees 297 as on 31 Mar, 2024
- Stage Public
-
Sectors
Travel & Hospitality
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Benares Hotels Limited
-
Annual Revenue
$15.77 M (USD)12.36as on Mar 31, 2024
-
Net Profit
$5.05 M (USD)19.99as on Mar 31, 2024
-
EBITDA
$7 M (USD)16.11as on Mar 31, 2024
-
Latest Funding Round
-
Investors
-
Employee Count
297
as on Mar 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Benares Hotels
Benares Hotels is a publicly listed company on the BSE with ticker symbol BENARAS in India, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Benares Hotels
Benares Hotels offers a comprehensive portfolio of products and services, including Taj Ganges, Nadesar Palace, and Ginger Hotel. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Luxury hotel in Varanasi offering rooms and hospitality services
Heritage hotel in Varanasi providing premium accommodation
Budget hotel in Gondia focused on affordable stays
Funding Insights of Benares Hotels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Benares Hotels
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Benares Hotels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Benares Hotels Comparisons
Competitors of Benares Hotels
Benares Hotels operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Radisson Hotels, Lemon Tree Hotels, FabHotels, Club Mahindra and Indian Hotels, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A network of hotels and resorts is operated internationally.
|
|
| domain | founded_year | HQ Location |
A chain of hotels and resorts is operated.
|
|
| domain | founded_year | HQ Location |
Online hotel booking platform
|
|
| domain | founded_year | HQ Location |
Listings of hotels and restaurants are facilitated via the platform.
|
|
| domain | founded_year | HQ Location |
Luxury hotels and resorts are owned and operated internationally.
|
|
| domain | founded_year | HQ Location |
Real estate development services are provided in India.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Benares Hotels
Frequently Asked Questions about Benares Hotels
When was Benares Hotels founded?
Benares Hotels was founded in 1971.
Where is Benares Hotels located?
Benares Hotels is headquartered in Varanasi, India. It is registered at Varanasi, Uttar Pradesh, India.
How many employees does Benares Hotels have?
As of Mar 31, 2024, the latest employee count at Benares Hotels is 297.
What is the annual revenue of Benares Hotels?
Annual revenue of Benares Hotels is $15.77M as on Mar 31, 2024.
What does Benares Hotels do?
Benares Hotels Limited was incorporated in 1971 and is based in New Delhi, India. Hotels are operated by the company in the hospitality sector, including Gateway Hotel Ganges and Nadesar Palace in Varanasi. A subsidiary of The Indian Hotels Company Limited, it expanded operations with The Gateway Hotel-Gondia made operational in August 2014. Focus is placed on hotel management across select locations in India.
Who are the top competitors of Benares Hotels?
Benares Hotels's top competitors include Lemon Tree Hotels, FabHotels and Radisson Hotels.
What products or services does Benares Hotels offer?
Benares Hotels offers Taj Ganges, Nadesar Palace, and Ginger Hotel.
Is Benares Hotels publicly traded?
Yes, Benares Hotels is publicly traded on BSE under the ticker symbol BENARAS.
What is Benares Hotels's ticker symbol?
The ticker symbol of Benares Hotels is BENARAS on BSE.