Payal Hotels Private Limited
About Payal Hotels Private Limited
Data last updated:
Payal Hotels Private Limited was a private limited company based in Jalandhar, Punjab, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 17 May 1996.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55101PB1996PTC018193. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹2.3 Lakh. It was led by directors Amrik Singh Chawla (Managing Director) and Gurinder Kaur Chawla.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 50 – 51 Guru Teg Bhadur Nagar Jalandhar City, Punjab, India – 144001.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹71.07 Lakh (net margin -371.3%) and EBITDA of -₹71.06 Lakh (EBITDA margin -371.3%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 87% over five years.
Company details
Contact details
Payal Hotels Private Limited's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address50 – 51 Guru Teg Bhadur Nagar Jalandhar City, Punjab, India – 144001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Payal Hotels Private 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 Payal Hotels Private Limited
FY 2024 filings availablePayal Hotels Private Limited reported revenue of ₹19.14 Lakh (up 1817% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 87% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹71.06 Lakh | ||||
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| Net Profit (PAT) | -₹71.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -371.3% | ||||
| Net Profit Margin | -371.3% | ||||
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To see the full financial statements and ratios of Payal Hotels Private Limited, buy the company report.
Board of directors of Payal Hotels Private Limited
Payal Hotels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrik Singh Chawla Also directs: Agi Infra Limited | Managing Director | 17 May 1996 | 30 Years 5 Months | As last reported |
| Gurinder Kaur Chawla | Director | 17 May 1996 | 30 Years 5 Months | As last reported |
Peer comparison
Payal Hotels Private Limited is compared with the 9 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sansvet Ayurveda Centres and Hotels Private Limited | ₹19.19 Lakh (FY 2019) | 1.0% | Thiruvananthapuram, Kerala, India | |||
| Hotel Surya Pvt Ltd | ₹19.19 Lakh (FY 2024) | -4.0% | Balangir, Odisha, India | |||
| Sagarmatha Resorts Private Limited | ₹19.18 Lakh (FY 2024) | -8.0% | Guntur, Andhra Pradesh, India | |||
| Hotel Green View Private Limited | ₹19.16 Lakh (FY 2025) | 1269.0% | Nathdwara, Rajasthan, India | |||
| Payal Hotels Private Limitedthis company | ₹19.14 Lakh (FY 2024) | -₹71.07 Lakh | -371.3% | 1817.0% | Jalandhar, Punjab, India | |
| Suryakiran Theatres and Hotels Pvt Ltd | ₹19.11 Lakh (FY 2016) | -21.0% | Pune, Maharashtra, India | |||
| Cardamom Tours (India) Private Limited | ₹19.11 Lakh (FY 2024) | 2.0% | Athoor, Tamil Nadu, India | |||
| Seven Hills Resorts Limited | ₹19.09 Lakh (FY 2021) | 3.0% | Bangalore, Karnataka, India | |||
| H.I.G Hospitality Private Limited | ₹19.09 Lakh (FY 2025) | -4.0% | Amritsar, Punjab, India | |||
| Sun Flower Resorts Private Limited | ₹19.09 Lakh (FY 2025) | 6.0% | Delhi, India |
To see the full peer comparison of Payal Hotels Private Limited, buy the company report.
Auditor
Payal Hotels Private Limited is audited by KUNAL KAPOOR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUNAL KAPOOR & CO. | FY 2017 | 015022N |
Shareholding
The shareholding of Payal Hotels Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Payal Hotels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Payal Hotels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Payal Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Payal Hotels 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 Payal Hotels Private Limited, buy the company report.
Recent activity
Payal Hotels Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Amrik Singh Chawla was appointed as Managing Director on 17 May 1996.
Frequently asked questions
Payal Hotels has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Payal Hotels was a private limited company based in Jalandhar, Punjab, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 17 May 1996 and is registered under CIN U55101PB1996PTC018193. The company has been struck off by the Registrar of Companies and is no longer operational.
Payal Hotels had 2 directors:
- Amrik Singh Chawla - Managing Director
- Gurinder Kaur Chawla - Director
The CIN (Corporate Identification Number) of Payal Hotels is U55101PB1996PTC018193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Payal Hotels is at 50 – 51 Guru Teg Bhadur Nagar Jalandhar City, Punjab, India – 144001.
Payal Hotels was incorporated on 17 May 1996. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Payal Hotels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
No. Payal Hotels has 1 GST registration on record and it is cancelled or inactive.
Payal Hotels operated in the travel and hospitality industry, in the hotel and accommodation services segment. It worked in this industry before it was struck off.
The peers of Payal Hotels by revenue are Sansvet Ayurveda Centres and Hotels Private Limited, Hotel Surya Pvt Ltd, Sagarmatha Resorts Private Limited, Hotel Green View Private Limited, Suryakiran Theatres and Hotels Pvt Ltd and 4 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Amrik Singh Chawla was appointed as Managing Director on 17 May 1996. Gurinder Kaur Chawla was appointed as Director on 17 May 1996.
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