Palaka Hospitality Private Limited - Company Profile

It is a travel and hospitality private limited company based in Bangalore, Karnataka, India, established in 2009.
2009 Bangalore, Karnataka, India Active
Last Updated:
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About Palaka Hospitality Private Limited

Palaka Hospitality Private Limited, a active private limited company, was established on 18 November 2009 in Bangalore, Karnataka, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U55101KA2009PTC051535. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.60 M and a paid-up capital of ₹0.42 M.

It upholds a compliant status. Its leadership includes Srinivas Govindiah (Additional Director), Gopal Krishna Kulkarni (Director), Vinayakk Harshvardhana (Director). Past directors included Krishnamurthy Praveena, Hirisave Shivaiah Indira. It holds ₹8.00 M open charges and no settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at No. 104, 1 House Of Lords St. Marks Road, Bangalore, Karnataka, 560001.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U55101KA2009PTC051535

  • Registration Number

    051535

  • Incorporation Date

    18 November 2009

  • Authorized Capital

    ₹0.60 M

  • Paid-Up Capital

    ₹0.42 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.60 M
  • Paid Up Capital ₹ 0.42 M
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 8.00 M
  • Revenue Growth **** 51.83%
  • Profit Growth **** 99.97%
  • Ebitda **** 133.67%
  • Net Worth -0.11%
  • Total Assets -1.70%
Company report

Palaka Hospitality Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palaka Hospitality Private 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 Palaka Hospitality Private Limited?
Current Directors
Name Designation Appointment Date Status
Srinivas Govindiah Additional Director 08 May 2011 Current
Gopal Krishna Kulkarni Director 09 Sep 2010 Current
Vinayakk Harshvardhana Director 18 Nov 2009 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 May 2011 Past
Pramod Abcsdd Director 08 May 2011 Past

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Financial Performance of Palaka Hospitality.

Palaka Hospitality Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 51.83% increase. The company also saw a substantial improvement in profitability, with a 99.97% increase in profit. The company's net worth dipped by a decrease of 0.11%.

Palaka Hospitality revenue growth over time
Palaka Hospitality 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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 51.83%
*******
*******
*******
*******
Revenue from Operations
*******
 51.33%
*******
*******
*******
*******
Total Assets
*******
 -1.70%
*******
*******
*******
*******
Profit or Loss
*******
 99.97%
*******
*******
*******
*******
Net Worth
*******
 -0.11%
*******
*******
*******
*******
EBITDA
*******
 133.67%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palaka Hospitality?

In 2019, Palaka Hospitality had a promoter holding of 24.00% and a public holding of 76.00%. 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

₹8,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of Mysore : 0.80 Cr
Latest Charge Details
Date Lender Amount Status
31 Mar 2010 State Bank Of Mysore ₹8.00 M Open

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How Many Employees Work at Palaka Hospitality?

Unlock and access historical data on people associated with Palaka Hospitality, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Palaka Hospitality, 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 Palaka Hospitality'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 Palaka Hospitality
Recent Activity within the Organization
  • Annual General Meeting

    The activity Palaka Hospitality Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Palaka Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore. was documented.

  • Director Appointment

    Progress on Srinivas Govindiah was appointed as a Additional Director was appointed as a Additional Director on 08 May 2011 & has been associated with this company since 14 years 9 months . was documented.

  • Director Appointment

    The activity Gopal Krishna Kulkarni was appointed as a Director was appointed as a Director on 09 Sep 2010 & has been associated with this company since 15 years 5 months . was completed.

  • Charges

    Progress on A charge with State Bank Of Mysore amounted to Rs. 8.00 M with Charge ID 10231507 was registered on 31 Mar 2010. was documented.

  • Director Appointment

    Progress on Vinayakk Harshvardhana was appointed as a Director was appointed as a Director on 18 Nov 2009 & has been associated with this company since 16 years 3 months . was documented.

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Frequently Asked Questions
What is the CIN of Palaka Hospitality Private Limited?

The CIN of Palaka Hospitality Private Limited is U55101KA2009PTC051535.

Where is Palaka Hospitality Private Limited headquartered?

Palaka Hospitality Private Limited is headquartered at No. 104, 1 House Of Lords St. Marks Road, Bangalore, Karnataka, 560001.

When was Palaka Hospitality Private Limited incorporated?

Palaka Hospitality Private Limited was incorporated on 18 November 2009.

Who are the current directors of Palaka Hospitality Private Limited?

The current directors of Palaka Hospitality Private Limited are

What is the primary industry of Palaka Hospitality Private Limited?

The primary industry of Palaka Hospitality Private Limited is Accommodation And Food Service.

Is Palaka Hospitality Private Limited a listed company?

Palaka Hospitality Private Limited is unlisted.

What is the capital structure of Palaka Hospitality Private Limited?

The authorized capital of Palaka Hospitality Private Limited is ₹0.60 M, and the paid-up capital is ₹0.42 M.

What is the compliance status of Palaka Hospitality Private Limited?

The compliance status of Palaka Hospitality Private Limited is Compliant.

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