Hotel Netra Palace Private Limited - Company Profile

It is a travel and hospitality private limited company based in Ahmedabad, Gujarat, India, established in 2003.
2003 Ahmedabad, Gujarat, India Under Cirp
Last Updated:
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About Hotel Netra Palace Private Limited

Hotel Netra Palace Private Limited, a under cirp private limited company, was established on 04 March 2003 in Ahmedabad, Gujarat, India. Engaging in hotel & accommodation services within the travel and hospitality sector, it holds CIN: U55101GJ2003PTC042092. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.60 Cr and a paid-up capital of ₹1.60 Cr.

It upholds a compliant status. Its leadership includes Kanaklataben Umangkumar Thakkar (Additional Director), Manish Kumar Bhagat (Irp/Rp/Liquidator), Sangitaben Vinodbhai Chatwani (Additional Director). Past directors included Kanaklataben Umangkumar Thakkar, Rishabh Chand Lodha, Hiralal Dayaram Thakkar. It holds ₹10.20 Cr open charges and ₹143.99 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Dharmadevhouseshyamalcrossroad,Satellite, Ahmedabad, Gujarat, 380015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U55101GJ2003PTC042092

  • Registration Number

    042092

  • Incorporation Date

    04 March 2003

  • Authorized Capital

    ₹1.60 Cr

  • Paid-Up Capital

    ₹1.60 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Under Cirp

Key Metrics
  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.60 Cr
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.20 Cr
  • Satisfied Charges ₹ 143.99 Cr
  • Revenue Growth **** -97.83%
  • Profit Growth **** 20.36%
  • Ebitda **** -159.76%
  • Net Worth -25.03%
  • Total Assets **** 17.50%
Company report

Hotel Netra Palace Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Hotel Netra Palace Private 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 Hotel Netra Palace Private Limited?
Current Directors
Name Designation Appointment Date Status
Kanaklataben Umangkumar Thakkar Additional Director 11 Jan 2021 Current
Manish Kumar Bhagat Irp/Rp/Liquidator 22 Aug 2024 Current
Sangitaben Vinodbhai Chatwani Additional Director 15 Sep 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 12 Jun 2018 Past
Pramod Abcsdd Irp/Rp/Liquidator 22 Aug 2024 Past
Pramod Abcsdd Director 18 May 2018 Past
Pramod Abcsdd Director 01 May 2019 Past
Pramod Abcsdd Additional Director 15 Sep 2020 Past
Pramod Abcsdd Additional Director 03 May 2019 Past

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Financial Performance of Hotel Netra Palace.

Hotel Netra Palace Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 97.83% decrease. The company also saw a substantial improvement in profitability, with a 20.36% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.03%.

Hotel Netra Palace revenue growth over time
Hotel Netra Palace profit and loss trends over time
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
  • 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
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 -97.83%
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Revenue from Operations
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Total Assets
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 17.50%
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Profit or Loss
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 20.36%
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Net Worth
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 -25.03%
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EBITDA
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 -159.76%
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What is the Ownership and Shareholding Structure of Hotel Netra Palace?

In 2020, Hotel Netra Palace had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹102,000,000.00

Satisfied Charges

₹1,439,900,000.00

Charges Breakdown by Lending Institutions
  • Small Industries Development Bank Of India : 8.00 Cr
  • Bank Of Baroda : 2.20 Cr
Latest Charge Details
Date Lender Amount Status
16 Mar 2015 Small Industries Development Bank Of India ₹8.00 Cr Open
26 Jun 2008 Bank Of Baroda ₹2.20 Cr Open
05 Dec 2018 Others ₹36.50 Cr Satisfied
05 May 2018 Others ₹10.00 Cr Satisfied
17 Oct 2017 Others ₹12.00 Cr Satisfied

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How Many Employees Work at Hotel Netra Palace?

Unlock and access historical data on people associated with Hotel Netra Palace, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hotel Netra Palace, 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 Hotel Netra Palace's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Hotel Netra Palace
Recent Activity within the Organization
  • Annual General Meeting

    Hotel Netra Palace Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Manish Kumar Bhagat was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 22 Aug 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Balance Sheet

    Hotel Netra Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Kanaklataben Umangkumar Thakkar was appointed as a Additional Director was appointed as a Additional Director on 11 Jan 2021 & has been associated with this company since 5 years 1 month . was recorded as a recent event.

  • Director Appointment

    Progress on Sangitaben Vinodbhai Chatwani was appointed as a Additional Director was appointed as a Additional Director on 15 Sep 2020 & has been associated with this company since 5 years 5 months . was documented.

  • Charges

    The activity A charge registered on 05 Dec 2018 via Charge ID 100228107 with Others was fully satisfied on 27 May 2019. was completed.

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Frequently Asked Questions
What is the CIN of Hotel Netra Palace Private Limited?

The CIN of Hotel Netra Palace Private Limited is U55101GJ2003PTC042092.

Where is Hotel Netra Palace Private Limited headquartered?

Hotel Netra Palace Private Limited is headquartered at Dharmadevhouseshyamalcrossroad,Satellite, Ahmedabad, Gujarat, 380015.

When was Hotel Netra Palace Private Limited incorporated?

Hotel Netra Palace Private Limited was incorporated on 04 March 2003.

Who are the current directors of Hotel Netra Palace Private Limited?

The current directors of Hotel Netra Palace Private Limited are

What is the primary industry of Hotel Netra Palace Private Limited?

The primary industry of Hotel Netra Palace Private Limited is Travel And Hospitality.

Is Hotel Netra Palace Private Limited a listed company?

Hotel Netra Palace Private Limited is unlisted.

What is the capital structure of Hotel Netra Palace Private Limited?

The authorized capital of Hotel Netra Palace Private Limited is ₹1.60 Cr, and the paid-up capital is ₹1.60 Cr.

What is the compliance status of Hotel Netra Palace Private Limited?

The compliance status of Hotel Netra Palace Private Limited is Compliant.

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