About James Hotels Limited
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James Hotels Limited is a public limited company based in Chandigarh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 25 August 1980.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L55101CH1980PLC004249. Its GSTIN is 04AAACJ3508M1ZP (Chandigarh). The company holds 3 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (526558) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹8 Cr. It is led by director Haravtar Singh Arora (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Block No 10 Sector 17 A Chandigarh, Chandigarh, India – 160017.
As per the financials filed for FY 2016, the company reported a revenue of ₹20.53 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹20.09 Cr (net margin -97.9%) and EBITDA of ₹4.5 Cr (EBITDA margin 21.9%).
The company has about 208 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: James Hotels. As per MCA filings, the company has open charges of ₹93.22 Cr on record. Court records list 36 cases involving the company, including 10 filed by the company and 26 filed against it; 8 cases are pending.
The last known website on record is jameshotels.co.in.
Company details
Contact details
James Hotels Limited's registered office is in Chandigarh, Chandigarh. Its website is jameshotels.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock No 10 Sector 17 A Chandigarh, Chandigarh, India – 160017
- IndustryTravel and Hospitality, Restaurants & Dining Services, Hotel & Accommodation Services
To see the full contact details of James Hotels Limited, buy the company report.
- 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
Brands
James Hotels operates one associated brand: James Hotels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A five-star hotel is operated in Chandigarh, India. | jameshotels.co.in |
Business activity
The main business activity of James Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| 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. | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of James Hotels Limited, buy the company report.
Financials of James Hotels Limited
FY 2016 filings availableJames Hotels Limited reported revenue of ₹20.53 Cr (down 1% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year. EBITDA fell 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹20.53 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.5 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹20.09 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 21.9% | |
| Net Profit Margin | -97.9% | |
| 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 James Hotels Limited, buy the company report.
Board of directors and KMP of James Hotels Limited
James Hotels Limited currently reports 1 director and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haravtar Singh Arora | Managing Director | 04 Aug 2006 | 20 Years 2 Months | As last reported |
| Bharat Bhushan Goel | Cfo | 30 May 2014 | 12 Years 4 Months | As last reported |
Peer comparison
James Hotels Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Hotels, Restaurants), 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 |
|---|---|---|---|---|---|---|
| Daspalla Resorts Private Limited | ₹20.64 Cr (FY 2025) | 5.0% | Andhra Pradesh, India | |||
| Motels & Infrastructure India Private Limited | ₹20.59 Cr (FY 2025) | 9.0% | Mangalore, Karnataka, India | |||
| S.N.Forestry Limited | ₹20.59 Cr (FY 2025) | 11.0% | Rishikesh, Uttarakhand, India | |||
| Dream Valley Golf and Resorts Limited | ₹20.58 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| James Hotels Limitedthis company | ₹20.53 Cr (FY 2016) | -₹20.09 Cr | -97.9% | -1.0% | 208 | Chandigarh, India |
| DRP Enterprises Private Limited | ₹20.5 Cr (FY 2025) | 44.0% | Haldia, West Bengal, India |
To see the full peer comparison of James Hotels Limited, buy the company report.
Auditor
James Hotels Limited is audited by VASUDEVA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASUDEVA & ASSOCIATES | FY 2016 | 022239N |
Shareholding
The shareholding of James Hotels Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of James Hotels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2016 | 100088819 | Others | ₹17.5 Lakh | Open | |
| 27 Dec 2011 | 10336821 | United Bank of India | ₹11.5 Cr | Open | |
| 18 Mar 2010 | 10211340 | Punjab National Bank | ₹34.07 Cr | Open | |
| 03 Nov 2007 | 10076528 | Asset Reconstruction Company (India) Limited | ₹47.47 Cr | Open |
To see the full charge records of James Hotels Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
James Hotels Limited has 36 court cases on record: 10 filed by James Hotels, 26 filed against it. 8 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 12 | 4 |
| High courts | 16 | 11 | 4 |
| NCLAT | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Revision petition | Filed against the company by Sarovar Hotels Private Limited | Pending |
| District court, Chandigarh | Arbitration matter | Filed against the company by Sarovar Hotels P Ltd | Pending |
| District court, Chandigarh | Arbitration matter | Filed by the company against Sarovar Hotels P Ltd | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Nehru Place Hotels and Real Estates Pvt. Ltd | Disposed |
| District court, Chandigarh | Arbitration matter | Filed against the company by Sarovar Hotels Pvt Ltd | Disposed |
To see the full case history of James Hotels Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for James Hotels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
James Hotels Limited has a workforce of 208 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
James Hotels has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAACJ3508M1ZP | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of James Hotels Limited, buy the company report.
Recent activity
James Hotels Limited has 28 board changes on record since 1985: 15 appointments and 13 cessations. The latest: Ronnica Siingh ceased to be Additional Director on 30 Aug 2017.
26 earlier events are in the company report.
Frequently asked questions
James Hotels is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
James Hotels is a company under liquidation, formerly operating as a public limited company based in Chandigarh, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 25 August 1980 and is registered under CIN L55101CH1980PLC004249. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
James Hotels has 2 current directors and KMP:
- Haravtar Singh Arora - Managing Director
- Bharat Bhushan Goel - Cfo
The latest financial statements of James Hotels on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of James Hotels is L55101CH1980PLC004249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
James Hotels is recorded as a listed company by MCA, but trading in its shares on BSE (526558) has been suspended, so they do not currently trade on a stock exchange.
James Hotels has open charges of ₹93.22 Cr and no satisfied charges on record as per latest MCA filings.
James Hotels has 36 court cases on record: 10 filed by the company and 26 filed against it. 8 are pending. Most are in the district courts.
James Hotels was incorporated on 25 August 1980. It is registered with the Registrar of Companies, Chandigarh.
The peers of James Hotels by revenue are Daspalla Resorts Private Limited, Motels & Infrastructure India Private Limited, S.N.Forestry Limited, Dream Valley Golf and Resorts Limited, DRP Enterprises Private Limited, all in the Consumer Services industry (Hotels, Restaurants), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Ronnica Siingh ceased to be Additional Director on 30 Aug 2017. Ajit Pal Singh ceased to be Director on 29 Jun 2017. Neeraj Mahindroo ceased to be Director on 15 Apr 2017. James Hotels has 28 board changes on record in total.