Madhuvan Procon Private Limited
About Madhuvan Procon Private Limited
Data last updated:
Madhuvan Procon 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 25 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45100GJ1997PTC032178.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Idar Holiday Resorts Private Limited. It is led by directors Sanjay Chandulal Upadhyay and Chandulal Mohanlal Upadhyay.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2019, the company reported a revenue of ₹24.02 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹6.19 Lakh (net margin 25.8%) and EBITDA of ₹8.49 Lakh (EBITDA margin 35.4%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years.
As per MCA filings, the company has open charges of ₹29 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Madhuvan Procon has one previous CIN (Corporate Identification Number): U55101GJ1997PTC032178. The current CIN is U45100GJ1997PTC032178, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100GJ1997PTC032178 | Current |
| U55101GJ1997PTC032178 | Previous |
Contact details
Madhuvan Procon Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address403 Elegance 16 Behind Girish Cold Drink C.G.Road Navr, Angpura, Ahmedabad, Gujarat, India – 380009
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Madhuvan Procon Private 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
Financials of Madhuvan Procon Private Limited
FY 2019 filings availableMadhuvan Procon Private Limited reported revenue of ₹24.02 Lakh (down 13% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 59%. EBITDA fell 38% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹24.02 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.19 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.4% | ||||
| Net Profit Margin | 25.8% | ||||
| 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 Madhuvan Procon Private Limited, buy the company report.
Board of directors of Madhuvan Procon Private Limited
Madhuvan Procon has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Chandulal Upadhyay Also directs: Krishnaraj Constructions LLP, Ganeshraj Constructions LLP, Monkey Club and Resort LLP and 3 more | Director | 25 Apr 1997 | 29 Years 6 Months | Current |
| Chandulal Mohanlal Upadhyay | Director | 03 May 2011 | 15 Years 6 Months | Current |
Peer comparison
Madhuvan Procon Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parkvictoria Restaurants Private Limited | ₹24.07 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Silverstone Foods Private Limited | ₹24.06 Lakh (FY 2025) | 244.0% | New Delhi, Delhi, India | |||
| Kalpana Agroinfra Private Limited | ₹24.04 Lakh (FY 2018) | -20.0% | Mumbai, Maharashtra, India | |||
| Kalia Hotels Private Limited | ₹24.03 Lakh (FY 2024) | -19.0% | Agra, Uttar Pradesh, India | |||
| Flysky Dine in Private Limited | ₹24.02 Lakh (FY 2025) | 300.0% | Thane, Maharashtra, India | |||
| Madhuvan Procon Private Limitedthis company | ₹24.02 Lakh (FY 2019) | ₹6.19 Lakh | 25.8% | -13.0% | Ahmedabad, Gujarat, India | |
| Sameeta Dine Inn Lodging & Boarding Private Limited | ₹24.01 Lakh (FY 2025) | 0.0% | Navi Mumbai, Maharashtra, India | |||
| Galaxy Hotel (Rajkot) Private Limited | ₹24 Lakh (FY 2019) | 7.0% | Rajkot, Gujarat, India | |||
| R.R.N. Hotels Private Limited | ₹24 Lakh (FY 2024) | 1.0% | Jaipur, Rajasthan, India | |||
| Girija Payyade Hotels Private Limited | ₹24 Lakh (FY 2025) | Kalyan, Maharashtra, India | ||||
| Suyog Hotels Private Limited | ₹24 Lakh (FY 2025) | 14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Madhuvan Procon Private Limited, buy the company report.
Auditor
Madhuvan Procon Private Limited is audited by SURANA MALOO & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURANA MALOO & CO | FY 2019 | 112171W |
Shareholding
The shareholding of Madhuvan Procon Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Madhuvan Procon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2015 | 10555508 | Central Bank of India | ₹29 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Madhuvan Procon Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madhuvan Procon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Madhuvan Procon Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Madhuvan Procon Private Limited has 10 board changes on record since 1997: 2 appointments and 8 cessations. The latest: Punilrajsinh Nitinrajsinh Solanki ceased to be Director on 11 Jan 2014.
2 earlier events are in the company report.
Frequently asked questions
Madhuvan Procon 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 25 April 1997 (29+ years old) and is registered under CIN U45100GJ1997PTC032178.
Madhuvan Procon has 2 current directors:
- Sanjay Chandulal Upadhyay - Director
- Chandulal Mohanlal Upadhyay - Director
The latest financial statements of Madhuvan Procon on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Madhuvan Procon is U45100GJ1997PTC032178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhuvan Procon was incorporated on 25 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Madhuvan Procon by revenue are Parkvictoria Restaurants Private Limited, Silverstone Foods Private Limited, Kalpana Agroinfra Private Limited, Kalia Hotels Private Limited, Flysky Dine in Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Punilrajsinh Nitinrajsinh Solanki ceased to be Director on 11 Jan 2014. Chandulal Mohanlal Upadhyay ceased to be Additional Director on 30 Sep 2011. Chandulal Mohanlal Upadhyay was appointed as Director on 03 May 2011. Madhuvan Procon has 10 board changes on record in total.
The registered office of Madhuvan Procon is at 403 Elegance 16 Behind Girish Cold Drink C.G.Road Navr, Angpura, Ahmedabad, Gujarat, India – 380009.
Madhuvan Procon operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Madhuvan Procon has open charges of ₹29 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Madhuvan Procon is active non-compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.
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