Ramada Hotels Private Limited
About Ramada Hotels Private Limited
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Ramada Hotels Private Limited was a private limited company based in Mumbai, Maharashtra, 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 06 January 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2010PTC198592. Its GSTIN is 27AAFCR3209L1Z8 (Maharashtra).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Abhishek Ramchandra Kadam and Vidya Mahendra Ubale.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 12/4 Chandroday Chs Ltd Cst Road Western Express Highway, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2020, the company reported a revenue of ₹33.63 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Lakh (net margin 3.5%) and EBITDA of ₹4.84 Lakh (EBITDA margin 14.4%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
As per MCA filings, the company had satisfied charges of ₹80 Lakh on record.
Company details
Contact details
Ramada Hotels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address12/4 Chandroday Chs Ltd Cst Road Western Express Highway, Mumbai, Maharashtra, India – 400071
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Ramada 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
Business activity
The main business activity of Ramada Hotels is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Ramada Hotels Private Limited, buy the company report.
Financials of Ramada Hotels Private Limited
FY 2022 filings availableRamada Hotels Private Limited reported revenue of ₹33.63 Lakh (down 21% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 21% fall in the latest year. EBITDA fell 8% in the latest year. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹33.63 Lakh | ||||
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| EBITDA | ₹4.84 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ramada Hotels Private Limited, buy the company report.
Board of directors of Ramada Hotels Private Limited
Ramada Hotels has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Ramchandra Kadam | Director | 30 Nov 2020 | 5 Years 10 Months | As last reported |
| Vidya Mahendra Ubale | Director | 06 Jan 2010 | 16 Years 9 Months | As last reported |
Auditor
Ramada Hotels Private Limited is audited by M O K & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M O K & ASSOCIATES | FY 2018 | 115685W |
Shareholding
The shareholding of Ramada Hotels Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ramada Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2011 | 10322153 | Hutatma Sahakari Bank Ltd. Walwa | ₹80 Lakh | Satisfied |
To see the full charge records of Ramada Hotels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ramada 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 Ramada Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ramada Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR3209L1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ramada Hotels Private Limited, buy the company report.
Recent activity
Ramada Hotels Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Abhishek Ramchandra Kadam ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Ramada 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.
Ramada Hotels was a private limited company based in Mumbai, Maharashtra, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 06 January 2010 and is registered under CIN U55101MH2010PTC198592. The company has been struck off by the Registrar of Companies and is no longer operational.
Ramada Hotels had 2 directors:
- Abhishek Ramchandra Kadam - Director
- Vidya Mahendra Ubale - Director
The CIN (Corporate Identification Number) of Ramada Hotels is U55101MH2010PTC198592. 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 Ramada Hotels is at 124 Chandroday Chs Ltd Cst Road Western Express Highway, Mumbai, Maharashtra, India – 400071.
Ramada Hotels was incorporated on 06 January 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Ramada Hotels on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Ramada Hotels is 27AAFCR3209L1Z8, registered in Maharashtra.
Ramada 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.
Abhishek Ramchandra Kadam ceased to be Additional Director on 31 Dec 2020. Abhishek Ramchandra Kadam was appointed as Director on 30 Nov 2020. Shyamkant Ramdas Kulkarni ceased to be Additional Director on 05 Apr 2020. Ramada Hotels has 6 board changes on record in total.