Hotel Netra Palace Private Limited

Hotel Netra Palace Private Limited - travel and hospitality in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN U55101GJ2003PTC042092 Incorporated 04 March 2003 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Under Insolvency Private Limited Company travel and hospitality
Data last updated
Revenue · FY 2024
₹34.06 Lakh
▲ 1938.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹1.6 Cr
Registered with MCA
Paid-up capital
₹1.6 Cr
Issued & subscribed
Open charges
₹10.2 Cr
Satisfied ₹143.99 Cr
Company age
23 yrs
Est. 2003
Last financials
Mar 2024
Balance sheet date

About Hotel Netra Palace Private Limited

Data last updated: 21 July 2025

Hotel Netra Palace Private Limited is a private limited company based in Ahmedabad, Gujarat, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in hotel and accommodation services, a part of the broader travel and hospitality sector. Incorporated on 04 March 2003, the company has been in operation for over 23 years.

Registered with ROC Ahmedabad under CIN U55101GJ2003PTC042092.

Capital: an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors including Kanaklataben Umangkumar Thakkar and Manish Kumar Bhagat.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Dharmadevhouseshyamalcrossroad Satellite, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2024, the company reported a revenue of ₹34.06 Lakh, reflecting significant growth compared to the previous year.

As per MCA filings, the company has open charges of ₹10.2 Cr and satisfied charges of ₹143.99 Cr on record.

The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments.

Company Details of Hotel Netra Palace Private Limited
CIN U55101GJ2003PTC042092
Registration Number 042092
Incorporation Date 04 March 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
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  • Telephone
    Locked
  • Website
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  • Social Media
    Locked
  • Registered Address
    Dharmadevhouseshyamalcrossroad Satellite, Ahmedabad, Gujarat, India – 380015
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services
Company report
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Financials, compliance, directors, charges, ownership and filings for Hotel Netra Palace Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Auditor Details of Hotel Netra Palace Private Limited

Hotel Netra Palace Private Limited is audited by A R SARAIYA & CO for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
A R SARAIYA & CO Locked Locked Locked
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Board of Directors of Hotel Netra Palace Private Limited

Hotel Netra Palace Private Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Kanaklataben Umangkumar Thakkar Additional Director 11 Jan 2021 5 Years 6 Months As last reported
Manish Kumar Bhagat Irp/Rp/Liquidator 22 Aug 2024 1 Years 11 Months As last reported
Sangitaben Vinodbhai Chatwani Additional Director 15 Sep 2020 5 Years 10 Months As last reported

Financials of Hotel Netra Palace Private Limited FY 2024 filings available

Hotel Netra Palace Private Limited reported revenue of ₹34.06 Lakh (up 1938.00% YoY) for FY 2024.

Revenue · FY 2024
₹34.06 Lakh ▲ 1938.00%
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Ownership and Shareholding of Hotel Netra Palace Private Limited

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Charges & Borrowings of Hotel Netra Palace Private Limited

Open charges
₹10.2 Cr
Satisfied charges
₹143.99 Cr
Breakdown by lending institutions
Small Industries Development Bank of India₹8.00 Cr
Bank of Baroda₹2.20 Cr
Latest charge details
DateLenderAmountStatus
16 Mar 2015 Small Industries Development Bank of India ₹8 Cr Open
26 Jun 2008 Bank of Baroda ₹2.2 Cr Open
05 Dec 2018 Others ₹36.5 Cr Satisfied
05 May 2018 Others ₹10 Cr Satisfied
17 Oct 2017 Others ₹12 Cr Satisfied

Total charge records: 17 View all charges

Employees and EPFO Compliance at Hotel Netra Palace Private Limited

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Employee and EPFO history for Hotel Netra Palace Private Limited

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GST Compliance of Hotel Netra Palace Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Hotel Netra Palace Private Limited

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MSME Payment Delays by Hotel Netra Palace Private Limited

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MSME payment history for Hotel Netra Palace Private Limited

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Subsidiaries & Group Companies of Hotel Netra Palace Private Limited

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Corporate group structure for Hotel Netra Palace Private Limited

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MCA Filings & Documents of Hotel Netra Palace Private Limited

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MCA filings and documents for Hotel Netra Palace Private Limited

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Recent Activity on Hotel Netra Palace Private Limited

Activity
30 Sep 2024
Hotel Netra Palace Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Directors
22 Aug 2024
Manish Kumar Bhagat was appointed as a IRP/RP/Liquidator on 22 Aug 2024 & has been associated with this company since 1 year 11 months.
Activity
31 Mar 2024
Hotel Netra Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Directors
11 Jan 2021
Kanaklataben Umangkumar Thakkar was appointed as a Additional Director on 11 Jan 2021 & has been associated with this company since 5 years 6 months.
Directors
15 Sep 2020
Sangitaben Vinodbhai Chatwani was appointed as a Additional Director on 15 Sep 2020 & has been associated with this company since 5 years 10 months.
Charges
27 May 2019
A charge registered on 05 Dec 2018 via Charge ID 100228107 with Others was fully satisfied on 27 May 2019.

Frequently Asked Questions about Hotel Netra Palace Private Limited

Hotel Netra Palace Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Hotel Netra Palace Private Limited is a company under insolvency, formerly operating as a private limited company in the travel and hospitality sector based in Ahmedabad, Gujarat, India. It was incorporated on 04 March 2003 and is registered under CIN U55101GJ2003PTC042092. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Hotel Netra Palace Private Limited reported revenue of ₹34.06 Lakh for FY 2024 (up 1938.00% YoY).

The current directors of Hotel Netra Palace Private Limited are:

The CIN (Corporate Identification Number) of Hotel Netra Palace Private Limited is U55101GJ2003PTC042092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hotel Netra Palace Private Limited has open charges of ₹10.2 Cr and satisfied charges of ₹143.99 Cr as per latest MCA filings.

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