About Hotel Paraag
Hotel Paraag is a Consumer company based in Bengaluru (India) founded in 2016. It provides hotel rooms, dining options, and conferencing facilities in Bangalore. It operates on a B2C and D2C model in Consumer and Travel & Hospitality sectors. Its Indian entity Hotel Paraag Limited reported revenue of ₹6.88 Cr. Hotel Paraag offers products and services including Hotel Rooms, Coffee Shop, Lotus Bar, and Conferencing Facilities. Its focus areas include Dining and Events, Food Services, On-site Dining and Hospitality.
Company details
Hotel Paraag is a 3-star hotel located on Rajbhavan Road in Bangalore, near Vidhana Soudha and MG Road. It offers 30 well-equipped rooms with modern amenities, including free Wi-Fi and air-conditioning. The hotel serves meals at its coffee shop and bar, hosts business meetings and events, and is close to attractions like Cubbon Park. It caters to business guests and tourists with standard facilities and easy access to urban centers.
- Headquarters Bengaluru, India
- SectorsConsumerTravel & Hospitality
- Email••••••••
- Website hotelparaag.com
- Social Facebook
- Legal Name Hotel Paraag Limited
- Date of Incorporation 01 Aug, 1973
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹6.88 Cr
FY 2023 · +128% YoY
- Net Profit₹45.5 Lakh
FY 2023 · 7% margin
- EBITDA₹2.71 Cr
FY 2023 · 39% margin
Associated legal entities of Hotel Paraag
Hotel Paraag operates through Hotel Paraag Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hotel Paraag Limited CIN U51101KA1973PLC002373 | Active | 01 Aug 1973 | Bangalore, Karnataka | ₹6.9 Cr | 5 | View details |
Products & Services of Hotel Paraag
Hotel Paraag offers a comprehensive portfolio of products and services, including Hotel Rooms, Coffee Shop, Lotus Bar, and Conferencing Facilities.
Offers comfortable rooms with modern amenities for overnight stays.
Provides meals from breakfast to dinner in a casual setting.
Serves mocktails and cocktails for guests' relaxation.
Supports business meetings and private functions with equipped spaces.
Board of directors of Hotel Paraag Limited (Hotel Paraag)
Hotel Paraag Limited is the primary company behind Hotel Paraag. The board of Hotel Paraag Limited currently have 5 directors; the longest-serving is Ramesh Jannu Srinivas, appointed in 1988. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramesh Jannu Srinivas DIN 01198418 | Managing Director | 01 Dec 1988 | 37 yrs 10 mo | Hotel Paraag Limited |
| Rekha Ramesh Jannu DIN 02901342 | Director | 27 Dec 1999 | 26 yrs 9 mo | Hotel Paraag Limited |
| Rashmi Ramesh Jannu DIN 02814328 | Additional Director | 10 Jan 2009 | 17 yrs 9 mo | Hotel Paraag Limited |
| Pooja Ramesh Jannu DIN 02814321 | Director | 23 Oct 2017 | 8 yrs 11 mo | Hotel Paraag Limited |
| Suraj Srinivas Ramesh Jannu DIN 08421404 | Additional Director | 13 Apr 2019 | 7 yrs 6 mo | Hotel Paraag Limited |
Financials of Hotel Paraag
Figures of Hotel Paraag Limited, the primary company behind Hotel Paraag, for FY 2023. Revenue was ₹6.88 Cr (+128% year on year). Net profit was ₹45.5 Lakh (7% margin). EBITDA was ₹2.71 Cr (39% margin). Revenue has grown at a compounded annual rate of -15% over three years and -12% over five years.
- ₹6.88 CrRevenue · FY 2023 · +128% YoY
- ₹45.5 LakhNet profit · 7% margin
- ₹2.71 CrEBITDA · 39% margin
- ₹10.86 CrPaid-up capital
- -15%Revenue CAGR, 3 years
- -12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hotel Paraag Limited are on its company page.
Detailed financial statements for Hotel Paraag
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|---|---|---|---|---|---|---|
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Offers Indian sweets, snacks, ready-to-eat foods, and restaurant experiences globally. | 1990 | Delhi, Delhi, India | ||||
Cafe services, online food ordering, and delivery operations. | 2017 | Bengaluru, Karnataka, India | USD 1.68 B | 3,383 |
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Frequently Asked Questions about Hotel Paraag
Hotel Paraag was founded in 2016.
Hotel Paraag is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Hotel Paraag, Hotel Paraag Limited, reported revenue of ₹6.88 Cr for FY 2023, up 128% year on year.
Hotel Paraag is a 3-star hotel located on Rajbhavan Road in Bangalore, near Vidhana Soudha and MG Road. It offers 30 well-equipped rooms with modern amenities, including free Wi-Fi and air-conditioning. The hotel serves meals at its coffee shop and bar, hosts business meetings and events, and is close to attractions like Cubbon Park. It caters to business guests and tourists with standard facilities and easy access to urban centers.
Hotel Paraag offers Hotel Rooms, Coffee Shop, Lotus Bar, and Conferencing Facilities.
Hotel Paraag operates through Hotel Paraag Limited.
The legal entities of Hotel Paraag currently have 5 directors, including Suraj Srinivas Ramesh Jannu, Ramesh Jannu Srinivas, Rashmi Ramesh Jannu and others.