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Great Destinations Hotels Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.17 Cr
▲ 144% YoY
Net loss · FY 2023
₹1.24 Lakh
Net margin -1.1%
EBITDA · FY 2023
-₹9,250
EBITDA margin -0.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Great Destinations Hotels Private Limited
Data last updated:
Great Destinations Hotels Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 07 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC100295. Its GSTIN is 29AAGCG6738C1ZH (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Great Destination Hotels and Resorts Private Limited and Gdb Enterprise Private Limited. It is led by directors Giriyappa Balaji and Shriya Balinda Ramesh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 03 (Old 7) Madhavanagar Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.17 Cr, a growth of 144% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Lakh (net margin -1.1%) and EBITDA of -₹9,250 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 167% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gdhotels.in.
Company details
CIN U74999KA2017PTC100295
Registration Number 100295
Incorporation Date 07 February 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Name history
Great Destinations Hotels has undergone 3 name changes throughout its history. The company was previously known as Great Destination Hotels And Resorts Private Limited, Gdb Enterprise Private Limited, and Global Destinations Hotels And Resorts Private Limited. The current legal name is Great Destinations Hotels Private Limited.
| Company Name | Status |
|---|---|
| Great Destinations Hotels Private Limited | Current |
| Great Destination Hotels And Resorts Private Limited | Previous |
| Gdb Enterprise Private Limited | Previous |
| Global Destinations Hotels And Resorts Private Limited | Previous |
Recognitions & Rankings of Great Destinations Hotels
Contact details
Great Destinations Hotels Private Limited's registered office is in Bangalore, Karnataka. Its website is gdhotels.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address03 (Old 7) Madhavanagar Bangalore, Karnataka, India – 560010
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Great Destinations Hotels Private Limited, buy the company report.
Comprehensive company report
Great Destinations Hotels 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 Great Destinations Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| 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. |
To see the full business activity and turnover split of Great Destinations Hotels Private Limited, buy the company report.
Financials of Great Destinations Hotels Private Limited
FY 2023 filings availableGreat Destinations Hotels Private Limited reported revenue of ₹1.17 Cr (up 144% YoY) for FY 2023.
Revenue · FY 2023
₹1.17 Cr ▲ 144%
Net loss · FY 2023
₹1.24 Lakh margin -1.1%
EBITDA · FY 2023
-₹9,250 margin -0.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 144%
3 years · compounded
▲ 167%
EBITDA CAGR growth
1 year
▼ 101%
3 years · compounded
▲ 55%
5 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 167% over three years, including 144% growth in the latest year. EBITDA fell 101% 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 |
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| EBITDA | -₹9,250 | ||||
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| Net Profit (PAT) | -₹1.24 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Great Destinations Hotels Private Limited, buy the company report.
Board of directors of Great Destinations Hotels Private Limited
Great Destinations Hotels has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Giriyappa Balaji | Director | 07 Feb 2017 | 9 Years 8 Months | Current |
| Shriya Balinda Ramesh Also directs: TG Food and Beverages Private Limited, Novice GD Tech Private Limited, T.G. Property Services Private Limited and 2 more | Director | 07 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Great Destinations Hotels Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| A.L.L. Inn India Private Limited | ₹1.18 Cr (FY 2018) | 13.0% | New Delhi, Delhi, India | |||
| Great Destinations Hotels Private Limitedthis company | ₹1.17 Cr (FY 2023) | -₹1.24 Lakh | -1.1% | 144.0% | Bangalore, Karnataka, India | |
| I-Roomz India Private Limited | ₹1.17 Cr (FY 2023) | 207.0% | Hosapete, Karnataka, India | |||
| Milford Hotels & Resorts Private Limited | ₹1.17 Cr (FY 2024) | -27.0% | Thrissur, Kerala, India | |||
| Willmount Resorts Private Limited | ₹1.17 Cr (FY 2024) | 526.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Great Destinations Hotels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Great Destinations 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 Great Destinations Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Great Destinations Hotels Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Great Destinations Hotels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCG6738C1ZH | Karnataka | Active | 26 Oct 2017 |
To see the full GST registrations and return filing status of Great Destinations Hotels Private Limited, buy the company report.
Recent activity
Great Destinations Hotels Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Giriyappa Balaji was appointed as Director on 07 Feb 2017.
AGM
Great Destinations Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Great Destinations Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Giriyappa Balaji was appointed as Director.
Appointed
Shriya Balinda Ramesh was appointed as Director.
Incorporation
07 Feb 2017
Great Destinations Hotels Private Limited was registered on 07 Feb 2017 with Roc Bangalore & aged 9 years 8 months as per MCA records.
Frequently asked questions
Great Destinations Hotels is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 07 February 2017 (9+ years old) and is registered under CIN U74999KA2017PTC100295.
Great Destinations Hotels has 2 current directors:
- Giriyappa Balaji - Director
- Shriya Balinda Ramesh - Director
The latest financial statements of Great Destinations Hotels on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Great Destinations Hotels is 29AAGCG6738C1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Great Destinations Hotels is U74999KA2017PTC100295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Great Destinations Hotels was incorporated on 07 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Great Destinations Hotels by revenue are A.L.L. Inn India Private Limited, I-Roomz India Private Limited, Milford Hotels & Resorts Private Limited, Willmount Resorts 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.).
Giriyappa Balaji was appointed as Director on 07 Feb 2017. Shriya Balinda Ramesh was appointed as Director on 07 Feb 2017.
Yes, Great Destinations Hotels is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Great Destinations Hotels can be reached through the website gdhotels.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Great Destinations Hotels is at 03 Old 7 Madhavanagar Bangalore, Karnataka, India – 560010.
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