Daspalla Global Hotels Private Limited
About Daspalla Global Hotels Private Limited
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Daspalla Global Hotels Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 06 August 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U05005AP1977PTC002194. Its GSTIN is 37AAACG8076D1ZL (Andhra Pradesh).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹15.11 Lakh. It was formerly known as Global Sea Foods and Hotels Limited and Daspalla Global Hotels Limited. It is led by directors including Venkatarao Mandava (Managing Director) and Venkata Krishna Gannamaneni.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 28 – 2 – 48 Daspalla Complexsuryabagh Vizag – 530020, Visakhapatnam, Andhra Pradesh, India – 530020.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.12 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹87.2 Lakh (net margin 10.7%) and EBITDA of ₹1.26 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.08 Cr and satisfied charges of ₹4.61 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Daspalla Global Hotels has undergone 2 name changes throughout its history. The company was previously known as Global Sea Foods And Hotels Limited, and Daspalla Global Hotels Limited. The current legal name is Daspalla Global Hotels Private Limited.
| Company Name | Status |
|---|---|
| Daspalla Global Hotels Private Limited | Current |
| Global Sea Foods And Hotels Limited | Previous |
| Daspalla Global Hotels Limited | Previous |
CIN history
Daspalla Global Hotels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U05005AP1977PTC002194, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U05005AP1977PTC002194 | Current |
| U05005AP1977PLC002194 | Previous |
| L05005AP1977PLC002194 | Previous |
Contact details
Daspalla Global Hotels Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address28 – 2 – 48 Daspalla Complexsuryabagh Vizag – 530020, Visakhapatnam, Andhra Pradesh, India – 530020
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Daspalla Global 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
Financials of Daspalla Global Hotels Private Limited
FY 2025 filings availableDaspalla Global Hotels Private Limited reported revenue of ₹8.12 Cr (up 21% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 21% growth in the latest year. EBITDA rose 5% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹87.2 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 10.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Daspalla Global Hotels Private Limited, buy the company report.
Board of directors of Daspalla Global Hotels Private Limited
Daspalla Global Hotels has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Krishna Gannamaneni Also directs: Daspalla Hotels Private Limited, Daspalla Resorts Private Limited, Daspalla Amaravathi Hotels Private Limited and 5 more | Director | 23 Sep 2017 | 9 Years 1 Months | Current |
| Saibabu Paturi | Director | 19 Sep 1998 | 28 Years 1 Months | Current |
| Rambabu Kommareddy Also directs: MRC Infrastructure Private Limited | Director | 19 Sep 2001 | 25 Years 1 Months | Current |
| Gopinadh Koratala | Director | 29 Mar 1998 | 28 Years 7 Months | Current |
| Raghavendra Rao Mandava Also directs: Balaji Daspalla Resorts LLP, Kranthi Hospitalities Private Limited (Part.Ix), Daspalla Hotels Private Limited and 5 more | Director | 19 Oct 1997 | 29 Years 0 Months | Current |
| Narendra Mandava Also directs: Daspalla Hotels Private Limited, Daspalla Resorts Private Limited, Sanskruthi Enterprises Private Limited and 2 more | Additional Director | 22 Aug 2009 | 17 Years 2 Months | Current |
Auditor
Daspalla Global Hotels Private Limited is audited by RAO&KUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO&KUMAR | FY 2023 | 03089S |
Shareholding
The shareholding of Daspalla Global Hotels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Daspalla Global Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2001 | 90130011 | Andhra Bank | ₹3.85 Cr | Open | |
| 12 Jun 2000 | 90129833 | State Bank of India | ₹90 Lakh | Open | |
| 15 Jul 1983 | 90125387 | State Bank of Hyderabad | ₹20 Lakh | Open | |
| 06 Dec 1978 | 90128960 | Andhra Pradesh State Financial Corporation | ₹12.5 Lakh | Open | |
| 01 Nov 2010 | 10251795 | Andhra Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Daspalla Global Hotels Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Daspalla Global Hotels Private Limited has 4 court cases on record: 4 filed by Daspalla Global Hotels. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Union of India and 3 others | Disposed |
| High Court | Writ petition | Filed by the company against Union of India and 3 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against A.P. Industrial Infrastructure Corporation Ltd., | Disposed |
| High Court | Writ petition | Filed by the company against A.P. Industrial Infrastructure Corporation Ltd., | Disposed |
To see the full case history of Daspalla Global Hotels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Daspalla Global Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Daspalla Global Hotels Private Limited has a workforce of 60 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Daspalla Global Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACG8076D1ZL | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daspalla Global Hotels Private Limited, buy the company report.
Recent activity
Daspalla Global Hotels Private Limited has 11 board changes on record since 1988: 8 appointments and 3 cessations. The latest: Venkatarao Mandava ceased to be Director on 01 Oct 2022.
20 earlier events are in the company report.
Frequently asked questions
Daspalla Global Hotels is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 06 August 1977 (49+ years old) and is registered under CIN U05005AP1977PTC002194.
Daspalla Global Hotels has 8 current directors:
- Venkatarao Mandava - Managing Director
- Venkata Krishna Gannamaneni - Director
- Saibabu Paturi - Director
- Rambabu Kommareddy - Director
- Gopinadh Koratala - Director
- Raghavendra Rao Mandava - Director
- Narendra Mandava - Additional Director
- Sarath Babu Jasthi - Director
The latest financial statements of Daspalla Global Hotels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Daspalla Global Hotels is 37AAACG8076D1ZL, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Daspalla Global Hotels is U05005AP1977PTC002194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daspalla Global Hotels has 4 court cases on record: 4 filed by the company.
Daspalla Global Hotels was incorporated on 06 August 1977, making it 49+ years old. It is registered with the Registrar of Companies, Vijayawada.
Venkatarao Mandava ceased to be Director on 01 Oct 2022. Venkata Rama Rao Kommareddy ceased to be Director on 12 Dec 2020. Venkata Krishna Gannamaneni was appointed as Director on 23 Sep 2017. Daspalla Global Hotels has 11 board changes on record in total.
The registered office of Daspalla Global Hotels is at 28 – 2 – 48 Daspalla Complexsuryabagh Vizag – 530020, Visakhapatnam, Andhra Pradesh, India – 530020.
Daspalla Global Hotels operates in the travel and hospitality industry, in the restaurants and dining services segment.