Choicest Enterprises Ltd
About Choicest Enterprises Ltd
Data last updated: 22 December 2025
Choicest Enterprises Ltd is a public limited company based in North 24 Parganas, West Bengal, India, a subsidiary of Ambuja Neotia Holdings Private Limited. It specialises in hotel and accommodation services, a part of the broader travel and hospitality sector. Incorporated on 10 March 1983, the company has been in operation for over 43 years.
Registered with ROC Kolkata under CIN U51109WB1983PLC036021.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹8.85 Cr. Formerly known as Choicest Construction Private Limited. It is led by directors including Umang Vikram Jain and Nitin Kohli.
Last AGM: 28 September 2024. Financial statements filed for year ended 31 March 2024. Office: Ecospace Business Park, North 24 Parganas, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹173.88 Cr, a growth of 18% compared to the previous year.
The company has a workforce of approximately 842 employees as per the latest available data. It operates as a subsidiary of Ambuja Neotia Holdings Private Limited. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand - The Tea Junction. As per MCA filings, the company has open charges of ₹157.23 Cr and satisfied charges of ₹208.64 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered AddressEcospace Business Park Block – 4B 3Rd Floor, Premises No. Iif/11 Action Area – Ii New Town Kolkata – 700160, North 24 Parganas, West Bengal, India – 700160
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IndustryTravel and Hospitality, Hotel & Accommodation Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Choicest Enterprises Ltd
Choicest Enterprises Ltd has one previous CIN (Corporate Identification Number): U99999WB1983PLC036021. The current CIN is U51109WB1983PLC036021, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109WB1983PLC036021 | Current |
| U99999WB1983PLC036021 | Previous |
Associated Brands with Choicest Enterprises Ltd
Choicest Enterprises Ltd operates one associated brand: The Tea Junction. These brands represent Choicest Enterprises Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Operates as a chain of tea cafes offering quality beverages. | theteajunction.co.in |
Competitors & Alternatives of Choicest Enterprises Ltd
Brands and companies operating in the same space as Choicest Enterprises Ltd include Chaayos, Chai Point, Chai Kings and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Chaayos
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Tea and snacks are served by Chaayos in limited-service restaurants. | Delhi, India, India | 2012 |
Chai Point
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Authentic chai and snacks are served in limited-service restaurants. | Bengaluru, India, India | 2010 |
Chai Kings
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Chain of limited service restaurant serving tea and snacks | Chennai, India, India | 2016 |
Chai Sutta Bar
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Operates franchise-based outlets serving traditional tea in kulhads to consumers. | Indore, India, India | 2016 |
Chaiwaale
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A chain of tea cafes is operated in Chennai, India. | Chennai, India, India | 2019 |
TPOT
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Operates an online platform for buying various tea flavors. | Delhi, India, India | 2013 |
Tea Post
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Limited service restaurants serving premium tea and snacks are operated. | Ahmedabad, India, India | 2013 |
Chai Days
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Offers high-quality teas, snacks, and beverages in inviting cafe environments. | Bengaluru, India, India | 2018 |
Cafe Niloufer
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Cafe offering Hyderabadi tea, biscuits, and snacks with online delivery. | Hyderabad, India, India | 1978 |
Business Activity of Choicest Enterprises Ltd
Choicest Enterprises Ltd is engaged in the principal business activity of accommodation and food service, with detailed activities including food and beverage services provided by hotels, restaurants, caterers, etc., accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
Business activity turnover details for Choicest Enterprises Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Choicest Enterprises Ltd
Choicest Enterprises Ltd is audited by Singhi & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Singhi & Co. | Locked | Locked | Locked |
Complete auditor history for Choicest Enterprises Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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- Auditor changes
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Board of Directors of Choicest Enterprises Ltd
Choicest Enterprises Ltd is currently managed by 7 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Umang Vikram Jain
Also directs:
Skyroof Builders Limited, Arhant Consulting Private Limited, Manmohan And Sons Pvt Ltd and 3 more
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Additional Director | 30 Mar 2025 | 1 Years 4 Months | Current |
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Nitin Kohli
Also directs:
City Tea Junction Private Limited, Rajscape Resorts Private Limited, Bistro Hotels Private Limited and 2 more
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Whole-Time Director | 23 Mar 2018 | 8 Years 4 Months | Current |
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Giriraj Damani
Also directs:
Ambuja Neotia Hotel Ventures Limited, Bahdl Hospitality Limited, City Tea Junction Private Limited and 5 more
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Nominee Director | 17 Mar 2022 | 4 Years 5 Months | Current |
| Sujit Poddar | Director | 29 Dec 1997 | 28 Years 7 Months | Current |
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Harshavardhan Neotia
Also directs:
Jk Paper Limited, Ganesh Realty And Mall Development Private Limited, Bengal Ambuja Metro Development Limited and 5 more
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Director | 10 Mar 1983 | 43 Years 5 Months | Current |
| Naresh Kumar Jain | Director | 21 Mar 2016 | 10 Years 4 Months | Current |
Financials of Choicest Enterprises Ltd FY 2024 filings available
Choicest Enterprises Ltd reported revenue of ₹173.88 Cr (up 18.00% YoY) for FY 2024.
Ten-year financial statements for Choicest Enterprises Ltd
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Choicest Enterprises Ltd
Shareholding and ownership data for Choicest Enterprises Ltd
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Group Structure of Choicest Enterprises Ltd
Choicest Enterprises Ltd has 3 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects Choicest Enterprises Ltd's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| City Tea Junction Private Limited | U52200WB2008PTC126980 | Locked |
| Enrico Tea And Snacks Bar Private Limited | U55201WB2008PTC126158 | Locked |
| Neostory Production House Limited | U92120WB2007PLC119017 | Locked |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Choicest Enterprises Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jul 2024 | Axis Bank Limited | ₹92 Lakh | Open |
| 15 Dec 2023 | State Bank of India | ₹124.56 Cr | Open |
| 25 Feb 2022 | Others | ₹31.75 Cr | Open |
| 13 Jul 2023 | Others | ₹2.32 Cr | Satisfied |
| 30 Sep 2021 | Others | ₹7.65 Cr | Satisfied |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Choicest Enterprises Ltd
Choicest Enterprises Ltd has a workforce of 842 employees as of Apr 07, 2024.
Employee and EPFO history for Choicest Enterprises Ltd
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Choicest Enterprises Ltd
GST registrations and filing compliance for Choicest Enterprises Ltd
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Choicest Enterprises Ltd
Credit ratings, litigation, and regulatory alerts for Choicest Enterprises Ltd
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Choicest Enterprises Ltd
MSME payment history for Choicest Enterprises Ltd
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Choicest Enterprises Ltd
Corporate group structure for Choicest Enterprises Ltd
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Choicest Enterprises Ltd
MCA filings and documents for Choicest Enterprises Ltd
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Choicest Enterprises Ltd
Frequently Asked Questions about Choicest Enterprises Ltd
Choicest Enterprises Ltd is an active public limited company in the travel and hospitality sector based in North 24 Parganas, West Bengal, India. It was incorporated on 10 March 1983 (43+ years old) and is registered under CIN U51109WB1983PLC036021. The company has 842 employees.
Choicest Enterprises Ltd reported revenue of ₹173.88 Cr for FY 2024 (up 18.00% YoY).
The current directors of Choicest Enterprises Ltd are:
- Umang Vikram Jain - Additional Director
- Nitin Kohli - Whole-Time Director
- Giriraj Damani - Nominee Director
- Sujit Poddar - Director
- Harshavardhan Neotia - Director
- Naresh Kumar Jain - Director
- Paroma Neotia - Whole-Time Director
The primary industry of Choicest Enterprises Ltd is travel and hospitality. The company specifically operates in hotel and accommodation services. The company is currently active in this sector.
Choicest Enterprises Ltd can be reached at the registered office: Ecospace Business Park Block – 4B 3Rd Floor, Premises No. Iif11 Action Area – Ii New Town Kolkata – 700160, North 24 Parganas, West Bengal, India – 700160.
The authorised capital is ₹25 Cr, and the paid-up capital is ₹8.85 Cr.