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.
U55100MH1979PTC021760
021760
09 October 1979
₹2.00 Cr
₹1.76 Cr
Roc Mumbai
Unlisted
Active
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| 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 |
| 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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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%.
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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.
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₹4,930,375,000.00
₹5,632,800,000.00
| 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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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.
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.
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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.
Progress on 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 documented.
Progress on A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101040391 was registered on 09 Jan 2025. was documented.
Palm Grove Beach Hotels Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was recorded as a recent event.
A charge registered on 29 Dec 2021 via Charge ID 100530486 with Others was fully satisfied on 11 Jun 2024. was recorded as a recent event.
Progress on 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 documented.
The activity A charge registered on 06 Aug 2014 via Charge ID 10517689 with Others was fully satisfied on 30 May 2024. was completed.
The CIN of Palm Grove Beach Hotels Private Limited is U55100MH1979PTC021760.
Palm Grove Beach Hotels Private Limited is headquartered at Ramada Plaza Palmgroue Juhu Beach Juhu, Mumbai, Maharashtra, 400049.
Palm Grove Beach Hotels Private Limited was incorporated on 09 October 1979.
The current directors of Palm Grove Beach Hotels Private Limited are
The primary industry of Palm Grove Beach Hotels Private Limited is Accommodation And Food Service.
Palm Grove Beach Hotels Private Limited is unlisted.
The authorized capital of Palm Grove Beach Hotels Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.76 Cr.
The compliance status of Palm Grove Beach Hotels Private Limited is Compliant.
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