Majestic Hotels Limited - Company Profile

It is a travel and hospitality public limited company based in Ludhiana, Punjab, India, established in 1989.
1989 Ludhiana, Punjab, India Under Cirp
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About Majestic Hotels Limited

Majestic Hotels Limited, a under cirp public limited company, was established on 01 February 1989 in Ludhiana, Punjab, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U55101PB1989PLC037667. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹45.00 Cr and a paid-up capital of ₹35.83 Cr.

It upholds a compliant status. Employing 163 professional, Its leadership includes Amarjeet Kumar (Cfo), Gurdial Kaur Khangura (Director), Jesdev Shori Saggar (Director). Past directors included Sunil Kawatra, Navneet Kaur, Gurdial Kaur Khangura. It holds ₹49.12 Cr open charges and ₹14.42 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at Majestic Park Plaza, Bhai Bala Chowk Ferozepur Road, Ludhiana, Punjab, 141002.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U55101PB1989PLC037667

  • Registration Number

    037667

  • Incorporation Date

    01 February 1989

  • Authorized Capital

    ₹45.00 Cr

  • Paid-Up Capital

    ₹35.83 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Under Cirp

Key Metrics
  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 35.83 Cr
  • Company Age 37 Year, 29 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.12 Cr
  • Satisfied Charges ₹ 14.42 Cr
  • Revenue Growth **** 56.06%
  • Profit Growth **** 40.98%
  • Ebitda **** 276.56%
  • Net Worth -9.16%
  • Total Assets -2.89%
Company report

Majestic Hotels Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Majestic Hotels 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 Majestic Hotels Limited?
Current Directors
Name Designation Appointment Date Status
Amarjeet Kumar Cfo 25 Feb 2019 Current
Gurdial Kaur Khangura Director 05 Oct 2018 Current
Jesdev Shori Saggar Director 17 Aug 2012 Current
Jasbir Singh Khangura Director 21 Feb 2024 Current
Vimal Sumbly Director 30 Sep 2015 Current
Harbinder Singh Grewal Managing Director 01 Jan 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary 10 Apr 2012 Past
Pramod Abcsdd Company Secretary 02 Feb 2024 Past
Pramod Abcsdd Managing Director 30 Dec 2019 Past
Pramod Abcsdd Director 20 Aug 2018 Past
Pramod Abcsdd Director 31 Dec 2010 Past
Pramod Abcsdd Director 05 Sep 2022 Past

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Financial Performance of Majestic Hotels.

Majestic Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.06% increase. The company also saw a substantial improvement in profitability, with a 40.98% increase in profit. The company's net worth dipped by a decrease of 9.16%.

Majestic Hotels revenue growth over time
Majestic Hotels 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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 56.06%
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Revenue from Operations
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 55.48%
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*******
Total Assets
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 -2.89%
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*******
*******
*******
Profit or Loss
*******
 40.98%
*******
*******
*******
*******
Net Worth
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 -9.16%
*******
*******
*******
*******
EBITDA
*******
 276.56%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Majestic Hotels?

In 2023, Majestic Hotels had a promoter holding of 75.00% and a public holding of 25.00%. 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

₹491,184,000.00

Satisfied Charges

₹144,200,000.00

Charges Breakdown by Lending Institutions
  • Others : 29.97 Cr
  • Punjab & Sind Bank : 19.15 Cr
Latest Charge Details
Date Lender Amount Status
12 Dec 2019 Others ₹3.50 Cr Open
08 Aug 2018 Others ₹4.00 Cr Open
15 Jan 2018 Others ₹4.75 Cr Open
26 Nov 2011 Punjab & Sind Bank ₹5.90 M Open
26 Nov 2011 Punjab & Sind Bank ₹4.10 Cr Open

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How Many Employees Work at Majestic Hotels?

Majestic Hotels has a workforce of 163 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Majestic Hotels, 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 Majestic Hotels'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 Majestic Hotels
Recent Activity within the Organization
  • Director Appointment

    Progress on Tanya Vaidya was appointed as a Company Secretary was appointed as a Company Secretary on 10 Jun 2024 & has been associated with this company since 1 year 8 months . was documented.

  • Director Appointment

    Progress on Jasbir Singh Khangura was appointed as a Director was appointed as a Director on 21 Feb 2024 & has been associated with this company since 2 years 10 days . was documented.

  • Annual General Meeting

    Majestic Hotels Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Majestic Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh. was documented.

  • Director Appointment

    Progress on Kewal Krishan Sharma was appointed as a Director was appointed as a Director on 05 Sep 2022 & has been associated with this company since 3 years 5 months . was documented.

  • Director Appointment

    Harbinder Singh Grewal was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2020 & has been associated with this company since 6 years 2 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Majestic Hotels Limited?

The CIN of Majestic Hotels Limited is U55101PB1989PLC037667.

Where is Majestic Hotels Limited headquartered?

Majestic Hotels Limited is headquartered at Majestic Park Plaza, Bhai Bala Chowk Ferozepur Road, Ludhiana, Punjab, 141002.

When was Majestic Hotels Limited incorporated?

Majestic Hotels Limited was incorporated on 01 February 1989.

Who are the current directors of Majestic Hotels Limited?

The current directors of Majestic Hotels Limited are

What is the primary industry of Majestic Hotels Limited?

The primary industry of Majestic Hotels Limited is Accommodation And Food Service.

Is Majestic Hotels Limited a listed company?

Majestic Hotels Limited is unlisted.

What is the capital structure of Majestic Hotels Limited?

The authorized capital of Majestic Hotels Limited is ₹45.00 Cr, and the paid-up capital is ₹35.83 Cr.

What is the compliance status of Majestic Hotels Limited?

The compliance status of Majestic Hotels Limited is Compliant.

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