Iscon Hotels Private Limited

Iscon Hotels Private Limited - travel and hospitality in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U55101GJ2010PTC061344 Incorporated 29 June 2010 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company travel and hospitality MSME
Data last updated
Revenue · FY 2024
₹18.19 Cr
▲ 12% YoY
Net profit · FY 2024
₹1.5 Cr
Net margin 8.2%
EBITDA · FY 2024
₹4.69 Cr
EBITDA margin 25.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.65 Cr
Issued & subscribed
Satisfied charges
₹28.5 Cr
No open charges
Company age
16 yrs
Est. 2010
Employees · EPFO
141
Provident fund records

About Iscon Hotels Private Limited

Data last updated:

Iscon Hotels Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Jp Iscon Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 29 June 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U55101GJ2010PTC061344. Its GSTIN is 24AACCI3447E1ZX (Gujarat).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.65 Cr. It was formerly known as Iscon Club Private Limited. It is led by directors including Pravinchandra Talakshibhai Kotak and Jateen Madanlal Gupta.

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 101 Isconhouse Opp.Associatedpetrolpump Bh.Rembrandtbuilding Offc.Groad., Ahmedabad, Gujarat, India – 380007.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.19 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Cr (net margin 8.2%) and EBITDA of ₹4.69 Cr (EBITDA margin 25.8%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 6% over five years.

The company has about 141 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹28.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.

Iscon Hotels Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0046389). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iscongroup.com.

Company details

CIN U55101GJ2010PTC061344
Registration Number 061344
Incorporation Date 29 June 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Jp Iscon Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0046389

Recognitions & Rankings of Iscon Hotels

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-01-0046389

Contact details

Iscon Hotels Private Limited's registered office is in Ahmedabad, Gujarat. Its website is iscongroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    101 Isconhouse Opp.Associatedpetrolpump Bh.Rembrandtbuilding Offc.Groad., Ahmedabad, Gujarat, India – 380007
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Iscon Hotels Private Limited, buy the company report.

Comprehensive company report
Iscon 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 Iscon Hotels is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI2Food and beverage services provided by hotels, restaurants, caterers, etc.

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

Financials of Iscon Hotels Private Limited

FY 2024 filings available

Iscon Hotels Private Limited reported revenue of ₹18.19 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹18.19 Cr ▲ 12%
Net profit · FY 2024
₹1.5 Cr margin 8.2%
EBITDA · FY 2024
₹4.69 Cr margin 25.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 41%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 169%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 12% growth in the latest year. EBITDA rose 59% 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₹4.69 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.5 Cr
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 Margin25.8%
Net Profit Margin8.2%
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 Iscon Hotels Private Limited, buy the company report.

Board of directors of Iscon Hotels Private Limited

Iscon Hotels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pravinchandra Talakshibhai KotakDirector29 Jun 201016 Years 4 MonthsCurrent
Jateen Madanlal GuptaDirector29 Jun 201016 Years 4 MonthsCurrent
Jayeshkumar Talakshibhai KotakDirector01 Sep 201214 Years 2 MonthsCurrent

Auditor

Iscon Hotels Private Limited is audited by D. R. Thakkar and Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
D. R. Thakkar and Co.FY 2023110895W

Shareholding

The shareholding of Iscon Hotels 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 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Iscon Hotels Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹28.5 Cr
Breakdown by lending institutions
Others₹28.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Sep 2020100380195Others₹3.5 CrSatisfied
13 Jun 2016100034171Others₹25 CrSatisfied

To see the full charge records of Iscon Hotels Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

Employees & EPFO

Iscon Hotels Private Limited has a workforce of 141 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
141
Active EPFO establishments
1
Employee growth
14.63%

GST

Iscon Hotels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCI3447E1ZXGujaratActive01 Jul 2017

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

Recent activity

Iscon Hotels Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Jayeshkumar Talakshibhai Kotak ceased to be Additional Director on 29 Sep 2012.

AGM
Iscon Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Iscon Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 29 Sep 2020 via Charge ID 100380195 with Others was fully satisfied on 07 Aug 2023.
Charges
A charge registered on 13 Jun 2016 via Charge ID 100034171 with Others was fully satisfied on 07 Aug 2023.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100380195 was registered on 29 Sep 2020.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100034171 was registered on 13 Jun 2016.
Ceased
Jayeshkumar Talakshibhai Kotak ceased to be Additional Director.
Appointed
Jayeshkumar Talakshibhai Kotak was appointed as Director.
Appointed
Jateen Madanlal Gupta was appointed as Director.
Appointed
Pravinchandra Talakshibhai Kotak was appointed as Director.
Incorporation
29 Jun 2010
Iscon Hotels Private Limited was registered on 29 Jun 2010 with Roc Ahmedabad & aged 16 years 4 months as per MCA records.

Frequently asked questions

Iscon Hotels 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 29 June 2010 (16+ years old) and is registered under CIN U55101GJ2010PTC061344.

Iscon Hotels has 3 current directors:

The latest financial statements of Iscon Hotels 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 2015 are in the company report.

The GSTIN of Iscon Hotels is 24AACCI3447E1ZX, registered in Gujarat.

The CIN (Corporate Identification Number) of Iscon Hotels is U55101GJ2010PTC061344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Iscon Hotels has 2 court cases on record: 2 filed against it.

Iscon Hotels was incorporated on 29 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jayeshkumar Talakshibhai Kotak ceased to be Additional Director on 29 Sep 2012. Jayeshkumar Talakshibhai Kotak was appointed as Director on 01 Sep 2012. Jateen Madanlal Gupta was appointed as Director on 29 Jun 2010. Iscon Hotels has 4 board changes on record in total.

Yes, Iscon Hotels is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0046389).

Iscon Hotels can be reached through the website iscongroup.com. Its registered office is in Ahmedabad, Gujarat, India.