Poonam Resorts Limited
About Poonam Resorts Limited
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Poonam Resorts Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 09 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U99999MH1986PLC041186. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.27 Cr. It was formerly known as Poonam Resorts Private Limited. It is led by directors including Archana Deepak Wani and Nandkumar Khattumal Harchandani.
Its last annual general meeting (AGM) was held on 28 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 1st Floor B Poonam Chambers Byramji Town Chhindwara Road, Nagpur, Maharashtra, India – 440013.
As per the financials filed for FY 2015, the company reported a revenue of ₹15.67 Lakh, a growth of 136% compared to the previous year. For the same year it recorded a net loss of ₹2.41 Cr and EBITDA of ₹8.25 Lakh (EBITDA margin 52.7%).
As per MCA filings, the company has open charges of ₹62 Cr on record. Court records list 26 cases involving the company, including 9 filed by the company and 17 filed against it; 5 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹14.61 Cr; the latest was in March 2012.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Poonam Resorts has one previous CIN (Corporate Identification Number): U99999MH1986PTC041186. The current CIN is U99999MH1986PLC041186, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1986PLC041186 | Current |
| U99999MH1986PTC041186 | Previous |
Contact details
Poonam Resorts Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1st Floor B Poonam Chambers Byramji Town Chhindwara Road, Nagpur, Maharashtra, India – 440013
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Poonam Resorts 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 Poonam Resorts Limited
FY 2016 filings availablePoonam Resorts Limited reported revenue of ₹15.67 Lakh (up 136% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 136% in the latest year. EBITDA rose 65% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹15.67 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹8.25 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.41 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 52.7% |
| Net Profit Margin | |
| 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 Poonam Resorts Limited, buy the company report.
Board of directors of Poonam Resorts Limited
Poonam Resorts has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Deepak Wani Also directs: Linkhouse Industries Limited, Indo Pacific Projects Limited, N Kumar Retails & Properties Private Limited and 5 more | Director | 22 Mar 1995 | 31 Years 7 Months | Current |
| Nandkumar Khattumal Harchandani Also directs: Linkhouse Industries Limited, Indo Pacific Projects Limited, N Kumar Retails & Properties Private Limited and 5 more | Director | 22 Sep 1989 | 37 Years 1 Months | Current |
| Hitesh Harchandani | Director | 02 Jan 2013 | 13 Years 9 Months | Current |
Auditor
Poonam Resorts Limited is audited by SANJAY S AGRAWAL & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY S AGRAWAL & CO | FY 2015 | 116200W |
Shareholding
The shareholding of Poonam Resorts Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Poonam Resorts Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2011 | 10280850 | Allahabad Bank | ₹62 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Poonam Resorts Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹14.61 Cr; the latest was in March 2012.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | ₹91 Lakh | Investors: Oshin Investments Finance Private Limited |
| Mar 2011 | Funding round | ₹13.7 Cr | Investors: N Kumar Housing Infrastructure Private Limited |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Brazen Traders Private Limited , Ritesh Securities Limited , Aihar Investments Private Limited |
| May 2008 | Secondary share transfer | Undisclosed | Buyer: Ritesh Securities Limited , Brazen Traders Private Limited , Kumar Hotels Ltd Seller: Vidarbha Leasing Co.Private Limited, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Poonam Resorts Limited has 26 court cases on record: 9 filed by Poonam Resorts, 17 filed against it. 5 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 13 | 1 |
| District courts | 5 | 2 | 4 |
| Supreme Court | 4 | 2 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Commercial suit | Filed by the company against N. Kumar Housing and Infrastructure Pvt. Ltd. and 6 others | Pending |
| Bombay High Court | Writ petition | Filed by the company against Omkara Assets Reconstruction Pvt. Ltd., THR. Its Authorised Officer and 1 other | Disposed |
| Supreme Court | Court case | Filed by the company against Allahabad Bank | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against N. Kumar Housing and Infrastructure Pvt. Ltd. and 6 others | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company | Pending |
To see the full case history of Poonam Resorts 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 Poonam Resorts Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Poonam Resorts has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Poonam Resorts Limited, buy the company report.
Recent activity
Poonam Resorts Limited has 7 board changes on record since 1989: 3 appointments and 4 cessations. The latest: Ashok Bansidhar Purohit ceased to be Director on 11 Nov 2013.
Frequently asked questions
Poonam Resorts is an active public limited company based in Nagpur, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 09 October 1986 (40+ years old) and is registered under CIN U99999MH1986PLC041186.
Poonam Resorts has 3 current directors:
- Archana Deepak Wani - Director
- Nandkumar Khattumal Harchandani - Director
- Hitesh Harchandani - Director
The latest financial statements of Poonam Resorts on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 28 September 2016. Year-wise statements from 2015 are in the company report.
No. Poonam Resorts has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Poonam Resorts is U99999MH1986PLC041186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Poonam Resorts has 26 court cases on record: 9 filed by the company and 17 filed against it. 5 are pending. Most are in the high courts.
Poonam Resorts was incorporated on 09 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Nagpur.
Poonam Resorts has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹14.61 Cr; the latest was in March 2012.
Ashok Bansidhar Purohit ceased to be Director on 11 Nov 2013. Hitesh Harchandani was appointed as Director on 02 Jan 2013. Anil Nandkumar Harchandani ceased to be Director on 27 Oct 2009. Poonam Resorts has 7 board changes on record in total.
The registered office of Poonam Resorts is at 1st Floor B Poonam Chambers Byramji Town Chhindwara Road, Nagpur, Maharashtra, India – 440013.