Gloring Hospitalities Private Limited

Gloring Hospitalities Private Limited - travel and hospitality in Amritsar, Punjab, India. FY 2026 financials & compliance.
CIN U55100PB2016PTC045214 Incorporated 08 April 2016 ROC Chandigarh HQ Amritsar, Punjab, India
Active Private Limited Company travel and hospitality MSME · Small
Data last updated
Revenue · FY 2024
₹1.47 Cr
▼ 87% YoY
Net loss · FY 2024
₹63 Lakh
Net margin -42.9%
EBITDA · FY 2024
₹52 Lakh
EBITDA margin 35.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6.82 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
29
Provident fund records

About Gloring Hospitalities Private Limited

Data last updated:

Gloring Hospitalities Private Limited is a private limited company based in Amritsar, Punjab, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 08 April 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55100PB2016PTC045214. Its GSTIN is 03AAGCG3371H1ZU (Punjab).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajan Bedi (Managing Director) and Shveta Bedi.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 275 – A East Mohan Nagar, Amritsar, Punjab, India – 143001.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.47 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹63 Lakh (net margin -42.9%) and EBITDA of ₹52 Lakh (EBITDA margin 35.4%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 27% over five years.

The company has about 29 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹6.82 Cr on record. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it; 5 cases are pending.

Gloring Hospitalities Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-01-0009655). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U55100PB2016PTC045214
Registration Number 045214
Incorporation Date 08 April 2016
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-01-0009655

Recognitions & Rankings of Gloring Hospitalities

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-PB-01-0009655

Contact details

Gloring Hospitalities Private Limited's registered office is in Amritsar, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    275 – A East Mohan Nagar, Amritsar, Punjab, India – 143001
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Gloring Hospitalities Private Limited, buy the company report.

Comprehensive company report
Gloring Hospitalities Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Gloring Hospitalities is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI1Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc.

To see the full business activity and turnover split of Gloring Hospitalities Private Limited, buy the company report.

Financials of Gloring Hospitalities Private Limited

FY 2024 filings available

Gloring Hospitalities Private Limited reported revenue of ₹1.47 Cr (down 87% YoY) for FY 2024.

Revenue · FY 2024
₹1.47 Cr ▼ 87%
Net loss · FY 2024
₹63 Lakh margin -42.9%
EBITDA · FY 2024
₹52 Lakh margin 35.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 34%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 9%
5 years · compounded
▲ 20%

Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 87% fall in the latest year. EBITDA fell 66% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹52 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹63 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin35.4%
Net Profit Margin-42.9%
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 Gloring Hospitalities Private Limited, buy the company report.

Board of directors of Gloring Hospitalities Private Limited

Gloring Hospitalities has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajan BediManaging Director08 Apr 201610 Years 6 MonthsCurrent
Shveta BediAdditional Director01 Aug 20251 Years 3 MonthsCurrent

Peer comparison

Gloring Hospitalities Private Limited is compared with the 3 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jam Shedpur Hotels Pvt Ltd₹1.48 Cr (FY 2024)29.0%Kolkata, West Bengal, India
Munnar Hospitalities Private Limited₹1.47 Cr (FY 2024)792.0%Kochi, Kerala, India
Saini's Hotels & Developers Private Limited₹1.47 Cr (FY 2025)-14.0%Kolkata, West Bengal, India
Gloring Hospitalities Private Limitedthis company₹1.47 Cr (FY 2024)-₹63 Lakh-42.9%-87.0%29Amritsar, Punjab, India

To see the full peer comparison of Gloring Hospitalities Private Limited, buy the company report.

Auditor

Gloring Hospitalities Private Limited is audited by Abhishek Beri & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Abhishek Beri & AssociatesFY 202303322N

Shareholding

The shareholding of Gloring Hospitalities 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gloring Hospitalities Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.82 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹2.87 Cr
Others₹2.85 Cr
Canara Bank₹1.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Jun 2024100932873Others₹1.45 CrOpen
28 Mar 2024100920176Axis Bank Limited₹1.43 CrOpen
18 Mar 2022100558632Others₹1.4 CrOpen
28 Nov 2021100510324Axis Bank Limited₹60 LakhOpen
18 Feb 2021100424933Axis Bank Limited₹83.8 LakhOpen

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gloring Hospitalities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Gloring Hospitalities Private Limited has a workforce of 29 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
29
Active EPFO establishments
1
Employee growth
38.1%

GST

Gloring Hospitalities has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AAGCG3371H1ZUPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Gloring Hospitalities Private Limited, buy the company report.

Recent activity

Gloring Hospitalities Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Shveta Bedi was appointed as Additional Director on 01 Aug 2025.

Appointed
Shveta Bedi was appointed as Additional Director.
AGM
Gloring Hospitalities Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 145.00 Lakh with Charge ID 100932873 was registered on 14 Jun 2024.
Filing
Gloring Hospitalities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Axis Bank Limited amounted to Rs. 143.36 Lakh with Charge ID 100920176 was registered on 28 Mar 2024.
Charges
A charge with Others amounted to Rs. 140.00 Lakh with Charge ID 100558632 was registered on 18 Mar 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 100510324 was registered on 28 Nov 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 83.80 Lakh with Charge ID 100424933 was registered on 18 Feb 2021.
Charges
A charge with Canara Bank amounted to Rs. 20.00 Lakh with Charge ID 100343410 was registered on 26 Jun 2020.
Charges
A charge with Canara Bank amounted to Rs. 90.00 Lakh with Charge ID 100169105 was registered on 08 Aug 2017.
Appointed
Rajan Bedi was appointed as Managing Director.
Appointed
Ravinder Singh was appointed as Individual Promoter.

1 earlier event is in the company report.

Frequently asked questions

Gloring Hospitalities is an active private limited company based in Amritsar, Punjab, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 08 April 2016 (10+ years old) and is registered under CIN U55100PB2016PTC045214.

Gloring Hospitalities has 2 current directors:

The latest financial statements of Gloring Hospitalities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Gloring Hospitalities is 03AAGCG3371H1ZU, registered in Punjab.

The CIN (Corporate Identification Number) of Gloring Hospitalities is U55100PB2016PTC045214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gloring Hospitalities has 12 court cases on record: 5 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.

Gloring Hospitalities was incorporated on 08 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Gloring Hospitalities by revenue are Jam Shedpur Hotels Pvt Ltd, Munnar Hospitalities Private Limited, Saini's Hotels & Developers Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).

Shveta Bedi was appointed as Additional Director on 01 Aug 2025. Rajan Bedi was appointed as Managing Director on 08 Apr 2016. Ravinder Singh was appointed as Individual Promoter on 08 Apr 2016.

Yes, Gloring Hospitalities is registered as a small enterprise under Udyam registration (number: UDYAM-PB-01-0009655).

The registered office of Gloring Hospitalities is at 275 – A East Mohan Nagar, Amritsar, Punjab, India – 143001.