Promenade Hospitality Private Limited - Company Profile

It is a travel and hospitality private limited company based in Vadodara, Gujarat, India, established in 2011.
2011 Vadodara, Gujarat, India Active
Last Updated:
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About Promenade Hospitality Private Limited

Promenade Hospitality Private Limited, a active private limited company, was established on 10 March 2011 in Vadodara, Gujarat, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U55200GJ2011PTC064345. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹8.87 Cr and a paid-up capital of ₹8.87 Cr.

It upholds a compliant status. Employing 79 professional, Its leadership includes Devarshi Vipul Thakkar (Director), Vipulkumar Purshottamdas Thakkar (Director), Hitesh Narendrakumar Shah (Director). Past directors included Khyatiben Bharatkumar Shah, Devarshi Vipul Thakkar, Hitesh Narendrakumar Shah. It holds ₹17.11 Cr open charges and ₹34.50 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 17 & 18 Saptagiri Complex, Opp. The Gateway Hotel, Nr. Akota Garden, , Akota, Vadodara, Gujarat, 390020.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U55200GJ2011PTC064345

  • Registration Number

    064345

  • Incorporation Date

    10 March 2011

  • Authorized Capital

    ₹8.87 Cr

  • Paid-Up Capital

    ₹8.87 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 8.87 Cr
  • Paid Up Capital ₹ 8.87 Cr
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 17.11 Cr
  • Satisfied Charges ₹ 34.50 Cr
  • Revenue Growth **** -16.97%
  • Profit Growth **** -396.34%
  • Ebitda **** -25.52%
  • Net Worth -49.39%
  • Total Assets -16.03%
Company report

Promenade Hospitality Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Promenade 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 Promenade Hospitality Private Limited?
Current Directors
Name Designation Appointment Date Status
Devarshi Vipul Thakkar Director 14 May 2011 Current
Vipulkumar Purshottamdas Thakkar Director 10 Mar 2011 Current
Hitesh Narendrakumar Shah Director 28 Aug 2013 Current
Ajay Rameshbhai Patel Director 28 Aug 2013 Current
Munjal Thakkar Vipul Managing Director 10 Mar 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Additional Director 12 Sep 2013 Past
Pramod Abcsdd Additional Director 12 Sep 2013 Past
Pramod Abcsdd Alternate Director 16 Feb 2020 Past
Pramod Abcsdd Director 29 May 2024 Past
Pramod Abcsdd Additional Director 12 Sep 2013 Past

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Financial Performance of Promenade Hospitality.

Promenade Hospitality Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.97% decrease. The company also saw a substantial fall in profitability, with a 396.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.39%.

Promenade Hospitality revenue growth over time
Promenade 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
********
 -16.97%
*******
*******
*******
*******
Revenue from Operations
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 -18.02%
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*******
*******
*******
Total Assets
*******
 -16.03%
*******
*******
*******
*******
Profit or Loss
*******
 -396.34%
*******
*******
*******
*******
Net Worth
*******
 -49.39%
*******
*******
*******
*******
EBITDA
*******
 -25.52%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Promenade Hospitality?

In 2023, Promenade Hospitality had a promoter holding of 67.24% and a public holding of 32.76%. 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

₹171,117,000.00

Satisfied Charges

₹345,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 17.11 Cr
Latest Charge Details
Date Lender Amount Status
06 Nov 2024 Others ₹1.12 M Open
31 Jul 2023 Others ₹16.00 Cr Open
26 Jul 2023 Others ₹1.00 Cr Open
09 May 2019 Others ₹7.50 Cr Satisfied
29 Oct 2015 Tourism Finance Corporation Of India Ltd ₹13.50 Cr Satisfied

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How Many Employees Work at Promenade Hospitality?

Promenade Hospitality has a workforce of 79 employees as of Apr 03, 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 Promenade 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 Promenade 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 Promenade Hospitality
Recent Activity within the Organization
  • Annual General Meeting

    The activity Promenade Hospitality Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Promenade Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101002625 was registered on 06 Nov 2024. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100769212 was registered on 31 Jul 2023. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100769207 was registered on 26 Jul 2023. was completed.

  • Charges

    The activity A charge registered on 09 May 2019 via Charge ID 100263484 with Others was fully satisfied on 02 Apr 2022. was completed.

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

The CIN of Promenade Hospitality Private Limited is U55200GJ2011PTC064345.

Where is Promenade Hospitality Private Limited headquartered?

Promenade Hospitality Private Limited is headquartered at 17 & 18 Saptagiri Complex, Opp. The Gateway Hotel, Nr. Akota Garden, , Akota, Vadodara, Gujarat, 390020.

When was Promenade Hospitality Private Limited incorporated?

Promenade Hospitality Private Limited was incorporated on 10 March 2011.

Who are the current directors of Promenade Hospitality Private Limited?

The current directors of Promenade Hospitality Private Limited are

What is the primary industry of Promenade Hospitality Private Limited?

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

Is Promenade Hospitality Private Limited a listed company?

Promenade Hospitality Private Limited is unlisted.

What is the capital structure of Promenade Hospitality Private Limited?

The authorized capital of Promenade Hospitality Private Limited is ₹8.87 Cr, and the paid-up capital is ₹8.87 Cr.

What is the compliance status of Promenade Hospitality Private Limited?

The compliance status of Promenade Hospitality Private Limited is Compliant.

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