Coronae Hotels Private Limited
About Coronae Hotels Private Limited
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Coronae Hotels Private Limited is a private limited company based in Shimla, Himachal Pradesh, India, a subsidiary of Pancard Clubs Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 31 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U55101HP2007PTC000435. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Manish Kalidas Gandhi and Ramachandran Ramakrishnan.
Its last annual general meeting (AGM) was held on 26 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Vill. Jungle Bhalawag P.O. Janedghat Teh Junga, Shimla, Himachal Pradesh, India – 173217.
As per the financials filed for FY 2016, the company reported a revenue of ₹49.98 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹39.46 Lakh (net margin -79%) and EBITDA of -₹21.76 Lakh (EBITDA margin -43.5%).
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Lakh and satisfied charges of ₹2.02 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Coronae Hotels has one previous CIN (Corporate Identification Number): U55101CH2007PTC030680. The current CIN is U55101HP2007PTC000435, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101HP2007PTC000435 | Current |
| U55101CH2007PTC030680 | Previous |
Contact details
Coronae Hotels Private Limited's registered office is in Shimla, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVill. Jungle Bhalawag P.O. Janedghat Teh Junga, Shimla, Himachal Pradesh, India – 173217
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Coronae Hotels 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 Coronae Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Coronae Hotels Private Limited, buy the company report.
Financials of Coronae Hotels Private Limited
FY 2017 filings availableCoronae Hotels Private Limited reported revenue of ₹49.98 Lakh (down 3% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year. EBITDA rose 26% 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 | ₹49.98 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹21.76 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹39.46 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 | -43.5% | |
| Net Profit Margin | -79% | |
| 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 Coronae Hotels Private Limited, buy the company report.
Board of directors of Coronae Hotels Private Limited
Coronae Hotels has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Kalidas Gandhi | Director | 20 Oct 2012 | 14 Years 0 Months | Current |
| Ramachandran Ramakrishnan | Director | 20 Oct 2012 | 14 Years 0 Months | Current |
| Suresh Babaji Kapale | Director Appointed In Casual Vacancy | 26 Jul 2017 | 9 Years 2 Months | Current |
Peer comparison
Coronae Hotels Private Limited is compared with the 8 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kesan Novus Private Limited | ₹50.01 Lakh (FY 2022) | 10.0% | Shankarpally, Telangana, India | |||
| Khatu Heritage Hotels Private Limited | ₹50.01 Lakh (FY 2025) | -25.0% | Jaipur, Rajasthan, India | |||
| Vinesh Enterprises Private Limited | ₹50 Lakh (FY 2024) | 25.0% | Jaipur, Rajasthan, India | |||
| Mahek Hotels Private Limited | ₹49.99 Lakh (FY 2024) | 5.0% | Ahmedabad, Gujarat, India | |||
| Stratford Hotels & Resorts Private Limited | ₹49.98 Lakh (FY 2024) | 978.0% | Ernakulam, Kerala, India | |||
| Coronae Hotels Private Limitedthis company | ₹49.98 Lakh (FY 2016) | -₹39.46 Lakh | -79% | -3.0% | 3 | Shimla, Himachal Pradesh, India |
| Mansi Sherotene Hotels Private Limited | ₹49.94 Lakh (FY 2025) | -1.0% | Vapi, Gujarat, India | |||
| Vaibhav Hotels Private Limited | ₹49.94 Lakh (FY 2025) | -12.0% | Begusarai, Bihar, India | |||
| Vikash Finvest Private Limited | ₹49.92 Lakh (FY 2023) | 47.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Coronae Hotels Private Limited, buy the company report.
Auditor
Coronae Hotels Private Limited is audited by AARYAA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AARYAA & ASSOCIATES | FY 2016 | 015935N |
Shareholding
The shareholding of Coronae Hotels 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 Coronae Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2012 | 10343570 | Director of Industries Himachal Pradesh | ₹30 Lakh | Open | |
| 29 Apr 2008 | 10102137 | State Bank of Patiala | ₹2.02 Cr | Satisfied |
To see the full charge records of Coronae Hotels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Coronae Hotels 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 Coronae Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Coronae Hotels Private Limited has a workforce of 3 employees on its EPFO records as of Jan 26, 2025, across 1 active EPFO establishment.
GST
Coronae Hotels 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 Coronae Hotels Private Limited, buy the company report.
Recent activity
Coronae Hotels Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Suresh Babaji Kapale was appointed as Director Appointed In Casual Vacancy on 26 Jul 2017.
3 earlier events are in the company report.
Frequently asked questions
Coronae Hotels is an active private limited company based in Shimla, Himachal Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 31 January 2007 (19+ years old) and is registered under CIN U55101HP2007PTC000435.
Coronae Hotels has 3 current directors:
- Manish Kalidas Gandhi - Director
- Ramachandran Ramakrishnan - Director
- Suresh Babaji Kapale - Director Appointed In Casual Vacancy
The latest financial statements of Coronae Hotels on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 26 September 2017. Year-wise statements from 2015 are in the company report.
No. Coronae Hotels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Coronae Hotels is U55101HP2007PTC000435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coronae Hotels was incorporated on 31 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Coronae Hotels by revenue are Kesan Novus Private Limited, Khatu Heritage Hotels Private Limited, Vinesh Enterprises Private Limited, Mahek Hotels Private Limited, Stratford Hotels & Resorts Private Limited and 3 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Suresh Babaji Kapale was appointed as Director Appointed In Casual Vacancy on 26 Jul 2017. Sudhir Shankar Moravekar ceased to be Director on 22 Jul 2017. Manish Kalidas Gandhi ceased to be Additional Director on 20 Sep 2013. Coronae Hotels has 9 board changes on record in total.
The registered office of Coronae Hotels is at Vill. Jungle Bhalawag P.O. Janedghat Teh Junga, Shimla, Himachal Pradesh, India – 173217.
Coronae Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Coronae Hotels has open charges of ₹30 Lakh and satisfied charges of ₹2.02 Cr as per latest MCA filings.