Express Resorts And Hotels Limited - Company Profile

It is a travel and hospitality public limited company based in Baroda, Gujarat, India, established in 1996.

1996 Baroda, Gujarat, India Active

Last Updated: January 08, 2026

About Express Resorts And Hotels Limited

Express Resorts And Hotels Limited, a active public limited company, was established on 16 February 1996 in Baroda, Gujarat, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U55101GJ1996PLC028851. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹8.00 Cr and a paid-up capital of ₹5.01 Cr.

It upholds a compliant status. Employing 46 professional, Its leadership includes Nirav Vinod Gandhi (Managing Director), Ashwin Ramanlal Gandhi (Director), Hiren Ashwin Gandhi (Whole-Time Director). Past directors included Nirav Vinod Gandhi, Ashwin Ramanlal Gandhi, Majethia Paresh Urmi. It holds ₹50.00 Cr open charges and ₹17.66 Cr settled loans. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at Express Hotel Building, R.C. Dutt Road,, Baroda, Gujarat, 390007.

Company Details

CIN/LLPIN
U55101GJ1996PLC028851
Registration Number
028851
Incorporation Date
16 February 1996
Authorized Capital
₹8.00 Cr
Paid-Up Capital
₹5.01 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 8.00 Cr as on 08-01-2026
Paid Up Capital ₹ 5.01 Cr as on 08-01-2026
Company Age 30 Year, 18 Days
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 50.00 Cr as on 08-01-2026
Satisfied Charges ₹ 17.66 Cr as on 08-01-2026
Revenue Growth **** -14.43% (FY 2023)
Profit Growth **** -732.35% (FY 2023)
Ebitda **** -1014.07% (FY 2023)
Net Worth -5.54% (FY 2023)
Total Assets -8.23% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Express Resorts And Hotels Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Express Resorts And Hotels Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nirav Vinod Gandhi	Managing Director	09 Jul 1997	Current
Ashwin Ramanlal Gandhi	Director	17 Feb 1996	Current
Hiren Ashwin Gandhi	Whole-Time Director	28 Jun 2003	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Whole-Time Director	16 Dec 2011	Past
Pramod Abcsdd	Whole-Time Director	16 Dec 2011	Past
Pramod Abcsdd	Secretary	-	Past
Pramod Abcsdd	Director	02 Nov 2022	Past

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Financial Performance of Express Resorts And Hotels.

Express Resorts And Hotels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.43% decrease. The company also saw a substantial fall in profitability, with a 732.35% decrease in profit. The company's net worth dipped by a decrease of 5.54%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-14.43%

*******

Revenue from Operations

*******

-30.83%

*******

Total Assets

*******

-8.23%

*******

Profit or Loss

*******

-732.35%

*******

Net Worth

*******

-5.54%

*******

EBITDA

*******

-1014.07%

*******

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What is the Ownership and Shareholding Structure of Express Resorts And Hotels?

In 2023, Express Resorts And Hotels had a promoter holding of 19.68% and a public holding of 80.32%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹500,000,000.00

Satisfied Charges

₹176,575,000.00

Charges Breakdown by Lending Institutions

Others : 50.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
15 Dec 2020	Others	₹50.00 Cr	Open
12 Aug 2020	Axis Bank Limited	₹10.00 Cr	Satisfied
28 Apr 2005	Tourism Finance Corporation Of India Limited	₹5.60 Cr	Satisfied
24 Jun 2003	Indian Overseas Bank	₹1.90 Cr	Satisfied
27 Mar 1998	Indian Renewable Energy Development Agency Limited	₹1.58 M	Satisfied

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How Many Employees Work at Express Resorts And Hotels?

Express Resorts And Hotels has a workforce of 46 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Express Resorts And Hotels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Express Resorts And Hotels's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Express Resorts And Hotels

Recent Activity within the Organization

Annual General Meeting

Progress on Express Resorts And Hotels Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was documented.
24 Sep 2025
Balance Sheet

The activity Express Resorts And Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Charges

A charge registered on 12 Aug 2020 via Charge ID 100368670 with Axis Bank Limited was fully satisfied on 07 Jan 2021. was recorded as a recent event.
07 Jan 2021
Charges

The activity A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100401679 was registered on 15 Dec 2020. was completed.
15 Dec 2020
Charges

A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100368670 was registered on 12 Aug 2020. was recorded as a recent event.
12 Aug 2020
Charges

A charge registered on 28 Apr 2005 via Charge ID 90113230 with Tourism Finance Corporation Of India Limited was fully satisfied on 29 Dec 2011. was recorded as a recent event.
29 Dec 2011

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