Gaanam Hotels Private Ltd
About Gaanam Hotels Private Ltd
Data last updated:
Gaanam Hotels Private Ltd is a private limited company based in Ernakulam, Kerala, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 12 April 1983.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55101KL1983PTC003699. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹59.67 Lakh. It is led by directors including Shaji Paul Eduthan and Joshy Paul.
Its last annual general meeting (AGM) was held on 29 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 62/4046 Appaparambil Colony Chitoor Road Near Iyyathu Junction, Ernakulam, Kerala, India – 682011.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.6 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net profit of ₹2.72 Lakh (net margin 23.5%) and EBITDA of ₹3.22 Lakh (EBITDA margin 27.8%). Revenue has grown at a compounded annual rate (CAGR) of 315% over three years and 127% over five years.
As per MCA filings, the company has satisfied charges of ₹58.9 Lakh on record. Court records list 5 cases involving the company, including 5 filed by the company.
Company details
Contact details
Gaanam Hotels Private Ltd's registered office is in Ernakulam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address62/4046 Appaparambil Colony Chitoor Road Near Iyyathu Junction, Ernakulam, Kerala, India – 682011
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Gaanam Hotels Private Ltd, 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 Gaanam Hotels Private Ltd
FY 2024 filings availableGaanam Hotels Private Ltd reported revenue of ₹11.6 Lakh (down 88% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 88% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 127%. EBITDA fell 97% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.8% | ||||
| Net Profit Margin | 23.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Gaanam Hotels Private Ltd, buy the company report.
Board of directors of Gaanam Hotels Private Ltd
Gaanam Hotels has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaji Paul Eduthan | Director | 12 Apr 1983 | 43 Years 6 Months | As last reported |
| Joshy Paul Also directs: Aeon Medical Devices Private Limited | Director | 12 Apr 1983 | 43 Years 6 Months | As last reported |
| Rajmohan Rajagopalan | Irp/Rp/Liquidator | 06 Dec 2024 | 1 Years 10 Months | As last reported |
Peer comparison
Gaanam Hotels Private Ltd is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Foodoceana Hotels Private Limited | ₹11.64 Lakh (FY 2017) | -68.0% | Greater Noida, Uttar Pradesh, India | |||
| Avva Green Hospitality Private Limited | ₹11.61 Lakh (FY 2024) | -62.0% | Greater Noida, Uttar Pradesh, India | |||
| Tapola Agro Tourism Producer Company Limited | ₹11.61 Lakh (FY 2023) | -41.0% | Mahabaleshwar, Maharashtra, India | |||
| Gaanam Hotels Private Ltdthis company | ₹11.6 Lakh (FY 2024) | ₹2.72 Lakh | 23.5% | -88.0% | Ernakulam, Kerala, India | |
| Jairamjiki Developments Limited | ₹11.59 Lakh (FY 2024) | 26.0% | Mumbai, Maharashtra, India | |||
| Unique Patterns and Foundry P Ltd | ₹11.55 Lakh (FY 2025) | Alappuzha, Kerala, India | ||||
| Deokar Exports Private Limited | ₹11.51 Lakh (FY 2023) | -37.0% | Jalgaon, Maharashtra, India |
To see the full peer comparison of Gaanam Hotels Private Ltd, buy the company report.
Auditor
Gaanam Hotels Private Ltd is audited by K.N.VALSAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.N.VALSAN & CO | FY 2021 | 011010S |
Shareholding
The shareholding of Gaanam Hotels Private Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gaanam Hotels Private Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2001 | 90018410 | Syndicate Bank | ₹4.5 Lakh | Satisfied | |
| 22 Apr 1999 | 90017392 | Andhra Bank | ₹2 Lakh | Satisfied | |
| 02 Dec 1998 | 90017270 | Kerala State Industrial Development Corp. Ltd. | ₹32.5 Lakh | Satisfied | |
| 04 Feb 1998 | 90017050 | Syndicate Bank | ₹4 Lakh | Satisfied | |
| 15 Mar 1995 | 90016315 | Syndicate Bank | ₹1.9 Lakh | Satisfied |
To see the full charge records of Gaanam Hotels Private Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Gaanam Hotels Private Ltd has 5 court cases on record: 5 filed by Gaanam Hotels. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala and 2 others | Disposed |
| High Court | Writ petition | Filed by the company against The State of Kerala & Others and 2 others | Disposed |
| High Court | Writ petition | Filed by the company against The Dy.Commissioner (Appeals) and 2 others | Disposed |
| High Court | Writ petition | Filed by the company against Kerala State Industrial Development Corp and 3 others | Disposed |
To see the full case history of Gaanam Hotels Private Ltd, 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 Gaanam Hotels Private Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gaanam Hotels has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gaanam Hotels Private Ltd, buy the company report.
Recent activity
Gaanam Hotels Private Ltd has 6 board changes on record since 1983: 3 appointments and 3 cessations. The latest: Rajmohan Rajagopalan was appointed as Irp/Rp/Liquidator on 06 Dec 2024.
12 earlier events are in the company report.
Frequently asked questions
Gaanam Hotels is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Gaanam Hotels is a company under liquidation, formerly operating as a private limited company based in Ernakulam, Kerala, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 12 April 1983 and is registered under CIN U55101KL1983PTC003699. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gaanam Hotels has 3 current directors:
- Shaji Paul Eduthan - Director
- Joshy Paul - Director
- Rajmohan Rajagopalan - Irp/Rp/Liquidator
The latest financial statements of Gaanam Hotels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 July 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gaanam Hotels is U55101KL1983PTC003699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gaanam Hotels has no open charges and satisfied charges of ₹58.9 Lakh as per latest MCA filings.
Gaanam Hotels has 5 court cases on record: 5 filed by the company.
Gaanam Hotels was incorporated on 12 April 1983. It is registered with the Registrar of Companies, Ernakulam.
The peers of Gaanam Hotels by revenue are Foodoceana Hotels Private Limited, Avva Green Hospitality Private Limited, Tapola Agro Tourism Producer Company Limited, Jairamjiki Developments Limited, Unique Patterns and Foundry P Ltd and 1 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.).
Rajmohan Rajagopalan was appointed as Irp/Rp/Liquidator on 06 Dec 2024. Paul Eduthan Kuriappan ceased to be Managing Director on 10 May 2024. Nimmy Vincent ceased to be Director on 13 Aug 2019. Gaanam Hotels has 6 board changes on record in total.
The registered office of Gaanam Hotels is at 624046 Appaparambil Colony Chitoor Road Near Iyyathu Junction, Ernakulam, Kerala, India – 682011.
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