Palm Grove Beach Hotels Private Limited - Company Profile

It is a travel and hospitality private limited company based in Mumbai, Maharashtra, India, established in 1979.
1979 Mumbai, Maharashtra, India Active
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About Palm Grove Beach Hotels Private Limited

Palm Grove Beach Hotels Private Limited, a active private limited company, was established on 09 October 1979 in Mumbai, Maharashtra, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U55100MH1979PTC021760. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.76 Cr.

Formerly known as Palm Grove Beach Hotels Limited. It upholds a compliant status. Employing 730 professional, Its leadership includes Durga Sandeep Raheja (Director), Sandeep Gopal Raheja (Director), Bindoo Shyam Wadhwani (Director). Past directors included Durga Sandeep Raheja, Bindoo Shyam Wadhwani, Shyam Nandlal Wadhwani. It holds ₹493.04 Cr open charges and ₹563.28 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at Ramada Plaza Palmgroue Juhu Beach Juhu, Mumbai, Maharashtra, 400049.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U55100MH1979PTC021760

  • Registration Number

    021760

  • Incorporation Date

    09 October 1979

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.76 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.76 Cr
  • Company Age 46 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 493.04 Cr
  • Satisfied Charges ₹ 563.28 Cr
  • Revenue Growth **** 120.93%
  • Profit Growth **** 86.59%
  • Ebitda **** 1098.35%
  • Net Worth -4.28%
  • Total Assets -3.18%
Company report

Palm Grove Beach Hotels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palm Grove Beach Hotels 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 Palm Grove Beach Hotels Private Limited?
Current Directors
Name Designation Appointment Date Status
Durga Sandeep Raheja Director 15 May 1995 Current
Sandeep Gopal Raheja Director 25 Sep 1992 Current
Bindoo Shyam Wadhwani Director 15 Dec 2011 Current
Shyam Nandlal Wadhwani Director 15 Dec 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 01 Apr 2011 Past
Pramod Abcsdd Additional Director 29 Sep 2012 Past
Pramod Abcsdd Additional Director 29 Sep 2012 Past
Pramod Abcsdd Director 29 Sep 2020 Past
Pramod Abcsdd Director 29 Mar 2019 Past
Pramod Abcsdd Director 18 Mar 2014 Past

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Financial Performance of Palm Grove Beach Hotels.

Palm Grove Beach Hotels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 120.93% increase. The company also saw a substantial improvement in profitability, with a 86.59% increase in profit. The company's net worth dipped by a decrease of 4.28%.

Palm Grove Beach Hotels revenue growth over time
Palm Grove Beach 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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 120.93%
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Revenue from Operations
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 127.08%
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Total Assets
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 -3.18%
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Profit or Loss
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 86.59%
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Net Worth
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 -4.28%
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EBITDA
*******
 1098.35%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palm Grove Beach Hotels?

In 2023, Palm Grove Beach Hotels had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. 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

₹4,930,375,000.00

Satisfied Charges

₹5,632,800,000.00

Charges Breakdown by Lending Institutions
  • Idbi Trusteeship Services Limited : 251.35 Cr
  • Others : 231.69 Cr
  • Indian Overseas Bank : 10.00 Cr
Latest Charge Details
Date Lender Amount Status
09 Jan 2025 Others ₹40.00 Cr Open
29 Dec 2021 Others ₹41.69 Cr Open
20 Mar 2020 Others ₹150.00 Cr Open
21 Nov 2014 Idbi Trusteeship Services Limited ₹251.35 Cr Open
10 Jun 2014 Indian Overseas Bank ₹10.00 Cr Open

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How Many Employees Work at Palm Grove Beach Hotels?

Palm Grove Beach Hotels has a workforce of 730 employees as of Apr 01, 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 Palm Grove Beach 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 Palm Grove Beach 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 Palm Grove Beach Hotels
Recent Activity within the Organization
  • Charges

    The activity A charge with Indian Overseas Bank of Rs. 10.00 Cr registered on 10 Jun 2014 with Charge ID 10506081 was modified on 11 Feb 2025. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101040391 was registered on 09 Jan 2025. was documented.

  • Annual General Meeting

    The activity Palm Grove Beach Hotels Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was completed.

  • Charges

    The activity A charge registered on 29 Dec 2021 via Charge ID 100530486 with Others was fully satisfied on 11 Jun 2024. was completed.

  • Charges

    A charge with Others of Rs. 41.69 Cr registered on 29 Dec 2021 with Charge ID 100530489 was modified on 07 Jun 2024. was recorded as a recent event.

  • Charges

    A charge registered on 06 Aug 2014 via Charge ID 10517689 with Others was fully satisfied on 30 May 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Palm Grove Beach Hotels Private Limited?

The CIN of Palm Grove Beach Hotels Private Limited is U55100MH1979PTC021760.

Where is Palm Grove Beach Hotels Private Limited headquartered?

Palm Grove Beach Hotels Private Limited is headquartered at Ramada Plaza Palmgroue Juhu Beach Juhu, Mumbai, Maharashtra, 400049.

When was Palm Grove Beach Hotels Private Limited incorporated?

Palm Grove Beach Hotels Private Limited was incorporated on 09 October 1979.

Who are the current directors of Palm Grove Beach Hotels Private Limited?

The current directors of Palm Grove Beach Hotels Private Limited are

What is the primary industry of Palm Grove Beach Hotels Private Limited?

The primary industry of Palm Grove Beach Hotels Private Limited is Accommodation And Food Service.

Is Palm Grove Beach Hotels Private Limited a listed company?

Palm Grove Beach Hotels Private Limited is unlisted.

What is the capital structure of Palm Grove Beach Hotels Private Limited?

The authorized capital of Palm Grove Beach Hotels Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.76 Cr.

What is the compliance status of Palm Grove Beach Hotels Private Limited?

The compliance status of Palm Grove Beach Hotels Private Limited is Compliant.

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