Hotel Palmlake (Kankaria) Private Limited

Hotel Palmlake (Kankaria) Private Limited - travel and hospitality in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U55101GJ2000PTC038250 Incorporated 22 June 2000 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company travel and hospitality MSME · Micro
Revenue · FY 2026
₹4.79 Cr
▼ 11% YoY
Net loss · FY 2026
₹79.87 Lakh
Net margin -16.7%
EBITDA · FY 2026
₹2.25 Cr
EBITDA margin 46.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹5.27 Cr
Satisfied ₹5 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
12
Provident fund records

About Hotel Palmlake (Kankaria) Private Limited

Data last updated:

Hotel Palmlake (Kankaria) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 22 June 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U55101GJ2000PTC038250. Its GSTIN is 24AACCR3966M1ZZ (Gujarat).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Rising Sun It-Soulutions Private Limited. It is led by directors including Vijay Gajjar (Managing Director) and Sonal Gajjar Vijaybhai.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 01 Parkland Near Kumkum Swaminarayan Mandir Near Railway Crossing Maninagar, Ahmedabad, Gujarat, India – 380008.

As per the financials filed for FY 2026, the company reported a revenue of ₹4.79 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹79.87 Lakh (net margin -16.7%) and EBITDA of ₹2.25 Cr (EBITDA margin 46.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 31% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹5.27 Cr and satisfied charges of ₹5 Cr on record.

Hotel Palmlake (Kankaria) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0083801). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U55101GJ2000PTC038250
Registration Number 038250
Incorporation Date 22 June 2000
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0083801

CIN history

Hotel Palmlake (Kankaria) has one previous CIN (Corporate Identification Number): U72200GJ2000PTC038250. The current CIN is U55101GJ2000PTC038250, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U55101GJ2000PTC038250Current
U72200GJ2000PTC038250Previous
Key People
Vijay Gajjar Managing Director Sonal Gajjar Vijaybhai Director Aditi Gajjar Vijaybhai Director

Recognitions & Rankings of Hotel Palmlake (Kankaria)

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0083801

Contact details

Hotel Palmlake (Kankaria) Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    01 Parkland Near Kumkum Swaminarayan Mandir Near Railway Crossing Maninagar, Ahmedabad, Gujarat, India – 380008
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Hotel Palmlake (Kankaria) Private Limited, buy the company report.

Comprehensive company report
Hotel Palmlake (Kankaria) 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 Hotel Palmlake (Kankaria) is accommodation and food service activities. In detail, this covers accommodation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food service activities55Accommodation

To see the full business activity and turnover split of Hotel Palmlake (Kankaria) Private Limited, buy the company report.

Financials of Hotel Palmlake (Kankaria) Private Limited

FY 2026 filings available

Hotel Palmlake (Kankaria) Private Limited reported revenue of ₹4.79 Cr (down 11% YoY) for FY 2026.

Revenue · FY 2026
₹4.79 Cr ▼ 11%
Net loss · FY 2026
₹79.87 Lakh margin -16.7%
EBITDA · FY 2026
₹2.25 Cr margin 46.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 7%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 4%
5 years · compounded
▲ 44%

Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 13% 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹4.79 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.25 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹79.87 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin46.9%
Net Profit Margin-16.7%
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 Hotel Palmlake (Kankaria) Private Limited, buy the company report.

Board of directors of Hotel Palmlake (Kankaria) Private Limited

Hotel Palmlake (Kankaria) has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sonal Gajjar VijaybhaiDirector30 Mar 201511 Years 7 MonthsCurrent
Aditi Gajjar VijaybhaiDirector30 Mar 201511 Years 7 MonthsCurrent
Vijay GajjarManaging Director22 Jun 200026 Years 4 MonthsCurrent
Avanish Vijaybhai GajjarDirector27 May 20197 Years 5 MonthsCurrent
View all directors

Auditor

Hotel Palmlake (Kankaria) Private Limited is audited by J M PARIKH & ASSOCIATES for the financial year 2026.

Auditor firmFinancial yearFirm registration number
J M PARIKH & ASSOCIATESFY 2026118007W

Shareholding

The shareholding of Hotel Palmlake (Kankaria) Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hotel Palmlake (Kankaria) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.27 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Others₹5.27 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jul 2018100198988Others₹5.27 CrOpen
02 Jan 201210338049The Kalupur Commercial Co Operative Bank Limited₹5 CrSatisfied

To see the full charge records of Hotel Palmlake (Kankaria) Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Hotel Palmlake (Kankaria) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier

To see the full MSME payment records of Hotel Palmlake (Kankaria) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Hotel Palmlake (Kankaria) Private Limited has a workforce of 12 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
-14.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2712
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Hotel Palmlake (Kankaria) Private Limited, buy the company report.

GST

Hotel Palmlake (Kankaria) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCR3966M1ZZGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Hotel Palmlake (Kankaria) Private Limited, buy the company report.

Recent activity

Hotel Palmlake (Kankaria) Private Limited has 7 board changes on record since 2000: 4 appointments and 3 cessations. The latest: Avanish Vijaybhai Gajjar ceased to be Additional Director on 30 Sep 2019.

Filing
Hotel Palmlake (Kankaria) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Hotel Palmlake (Kankaria) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 5.27 Cr registered on 31 Jul 2018 with Charge ID 100198988 was modified on 24 Jan 2023.
Ceased
Avanish Vijaybhai Gajjar ceased to be Additional Director.
Appointed
Avanish Vijaybhai Gajjar was appointed as Director.
Charges
A charge with Others amounted to Rs. 5.27 Cr with Charge ID 100198988 was registered on 31 Jul 2018.
Charges
A charge registered on 02 Jan 2012 via Charge ID 10338049 with The Kalupur Commercial Co Operative Bank Limited was fully satisfied on 26 Jul 2018.
Ceased
Gopaldas Thobhandas Gajjar ceased to be Director.
Appointed
Aditi Gajjar Vijaybhai was appointed as Director.
Appointed
Sonal Gajjar Vijaybhai was appointed as Director.
Ceased
Rasikbhai Harakhaji Gajjar ceased to be Director.
Charges
A charge with The Kalupur Commercial Co Operative Bank Limited amounted to Rs. 5.00 Cr with Charge ID 10338049 was registered on 02 Jan 2012.

2 earlier events are in the company report.

Frequently asked questions

Hotel Palmlake (Kankaria) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 22 June 2000 (26+ years old) and is registered under CIN U55101GJ2000PTC038250.

Hotel Palmlake (Kankaria) has 4 current directors:

The latest financial statements of Hotel Palmlake (Kankaria) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Hotel Palmlake (Kankaria) is 24AACCR3966M1ZZ, registered in Gujarat.

The CIN (Corporate Identification Number) of Hotel Palmlake (Kankaria) is U55101GJ2000PTC038250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hotel Palmlake (Kankaria) was incorporated on 22 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Avanish Vijaybhai Gajjar ceased to be Additional Director on 30 Sep 2019. Avanish Vijaybhai Gajjar was appointed as Director on 27 May 2019. Gopaldas Thobhandas Gajjar ceased to be Director on 12 Oct 2017. Hotel Palmlake (Kankaria) has 7 board changes on record in total.

Yes, Hotel Palmlake (Kankaria) is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0083801).

Hotel Palmlake (Kankaria) has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 23 May 2019.

The registered office of Hotel Palmlake (Kankaria) is at 01 Parkland Near Kumkum Swaminarayan Mandir Near Railway Crossing Maninagar, Ahmedabad, Gujarat, India – 380008.

Hotel Palmlake (Kankaria) operates in the travel and hospitality industry, in the hotel and accommodation services segment.