Shalin Hotels Limited - travel and hospitality in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U55101GJ1981PLC004637 Incorporated 21 September 1981 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Struck Off Public Limited Company travel and hospitality
Data last updated
Revenue · FY 2024
₹161
▼ 75% YoY
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.5 Cr
Issued & subscribed
Satisfied charges
₹2.57 Cr
No open charges
Company age
45 yrs
Est. 1981
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date
Last AGM
30 Sep 2024
Annual general meeting

About Shalin Hotels Limited

Data last updated:

Shalin Hotels Limited was a public limited company based in Ahmedabad, Gujarat, 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 21 September 1981.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U55101GJ1981PLC004637.

The company had an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.5 Cr. It was led by directors including Hasmukh Chinubhai Shah and Smruti Hasmukh Shah.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 72 Riviera Exotica Nr. Nalanda Complex Vastrapur, Ahmedabad, Gujarat, India – 380015.

As per MCA filings, the company had satisfied charges of ₹2.57 Cr on record. Court records list 39 cases involving the company, including 9 filed by the company and 30 filed against it; 4 cases are pending.

Company details

CIN U55101GJ1981PLC004637
Registration Number 004637
Incorporation Date 21 September 1981
ROC Ahmedabad
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

CIN history

Shalin Hotels has one previous CIN (Corporate Identification Number): L55101GJ1981PLC004637. The current CIN is U55101GJ1981PLC004637, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U55101GJ1981PLC004637Current
L55101GJ1981PLC004637Previous

Contact details

Shalin Hotels Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    72 Riviera Exotica Nr. Nalanda Complex Vastrapur, Ahmedabad, Gujarat, India – 380015
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Shalin Hotels Limited, buy the company report.

Comprehensive company report
Shalin Hotels Limited - one report that includes everything
  • 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
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Financials of Shalin Hotels Limited

FY 2024 filings available

Shalin Hotels Limited reported revenue of ₹161 (down 75% YoY) for FY 2024.

Revenue · FY 2024
₹161 ▼ 75%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 41%
5 years · compounded
▼ 28%

Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 75% fall 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
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Depreciation and Amortisation
Other Expenses
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Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Shalin Hotels Limited, buy the company report.

Board of directors of Shalin Hotels Limited

Shalin Hotels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ashokkumar Manubhai MaruAdditional Director11 Feb 20206 Years 8 MonthsAs last reported
Hasmukh Chinubhai ShahDirector21 Sep 198145 Years 1 MonthsAs last reported
Smruti Hasmukh ShahDirector25 Sep 199729 Years 1 MonthsAs last reported

Peer comparison

Shalin Hotels Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shyanu Hotels Private Limited₹173 (FY 2024)Thane, Maharashtra, India
BJN Hospitality Private Limited₹171 (FY 2024)-96.0%Mumbai, Maharashtra, India
Perumatty Residency Private Limited₹170 (FY 2024)Palakkad, Kerala, India
Columbus Hotels and Tourism Private Limited₹170 (FY 2025)-100.0%New Delhi, Delhi, India
Shalin Hotels Limitedthis company₹161 (FY 2024)-75.0%Ahmedabad, Gujarat, India
Sti Global Trading Limited₹161 (FY 2025)-89.0%Thane, Maharashtra, India
Gaj Resorts Private Limited₹160 (FY 2024)-100.0%Delhi, India
Bhimsar Resorts Private Limited₹160 (FY 2025)-100.0%Delhi, India
Pratheeksha Hospitality Private Limited₹159 (FY 2025)-100.0%Punalur, Kerala, India
Shivas A.R Hotels & Restaurants Private Limited₹150 (FY 2019)Bangalore, Karnataka, India
SP Hospitality Private Limited₹146 (FY 2025)-99.0%New Delhi, Delhi, India

To see the full peer comparison of Shalin Hotels Limited, buy the company report.

Auditor

Shalin Hotels Limited is audited by MEHUL THAKKER & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
MEHUL THAKKER & COFY 2017118993W

Shareholding

The shareholding of Shalin Hotels 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shalin Hotels Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2.57 Cr
Breakdown by lending institutions
General Co-Operative Bank Limted₹1.05 Cr
Vijaya Bank₹0.72 Cr
Tourism Finance Corporation of India Limited₹0.50 Cr
Sardar Vallabhbhai Co-Operative Bank Limited₹0.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Mar 199980025497Sardar Vallabhbhai Co-Operative Bank Limited₹30 LakhSatisfied
03 Jan 199880034322Vijaya Bank₹72 LakhSatisfied
04 Jan 199580025496General Co-Operative Bank Limted₹1.05 CrSatisfied
19 Mar 199380034320Tourism Finance Corporation of India Limited₹50 LakhSatisfied

To see the full charge records of Shalin Hotels Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shalin Hotels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Shalin Hotels Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Shalin Hotels Limited has 4 board changes on record since 1981: 3 appointments and 1 cessation. The latest: Ashokkumar Manubhai Maru was appointed as Additional Director on 11 Feb 2020.

AGM
Shalin Hotels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shalin Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Ashokkumar Manubhai Maru was appointed as Additional Director.
Ceased
Somdutt Pitamberdutt Sharma ceased to be Director.
Charges
A charge registered on 03 Jan 1998 via Charge ID 80034322 with Vijaya Bank was fully satisfied on 16 Jan 2017.
Charges
A charge registered on 19 Mar 1993 via Charge ID 80034320 with Tourism Finance Corporation Of India Limited was fully satisfied on 13 Jul 2007.
Charges
A charge registered on 30 Mar 1999 via Charge ID 80025497 with Sardar Vallabhbhai Co-Operative Bank Limited was fully satisfied on 17 Mar 2007.
Charges
A charge registered on 04 Jan 1995 via Charge ID 80025496 with General Co-Operative Bank Limted was fully satisfied on 15 Mar 2007.
Charges
A charge with Sardar Vallabhbhai Co-Operative Bank Limited amounted to Rs. 0.30 Cr with Charge ID 80025497 was registered on 30 Mar 1999.
Charges
A charge with Vijaya Bank amounted to Rs. 0.72 Cr with Charge ID 80034322 was registered on 03 Jan 1998.
Appointed
Smruti Hasmukh Shah was appointed as Director.
Charges
A charge with General Co-Operative Bank Limted amounted to Rs. 1.05 Cr with Charge ID 80025496 was registered on 04 Jan 1995.

3 earlier events are in the company report.

Frequently asked questions

Shalin 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.

Shalin Hotels was a public limited company based in Ahmedabad, Gujarat, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 21 September 1981 and is registered under CIN U55101GJ1981PLC004637. The company has been struck off by the Registrar of Companies and is no longer operational.

Shalin Hotels had 3 directors:

The CIN (Corporate Identification Number) of Shalin Hotels is U55101GJ1981PLC004637. 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 Shalin Hotels is at 72 Riviera Exotica Nr. Nalanda Complex Vastrapur, Ahmedabad, Gujarat, India – 380015.

Shalin Hotels was incorporated on 21 September 1981. It is registered with the Registrar of Companies, Ahmedabad.

The latest financial statements of Shalin Hotels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

Shalin 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 Shalin Hotels by revenue are Shyanu Hotels Private Limited, BJN Hospitality Private Limited, Perumatty Residency Private Limited, Columbus Hotels and Tourism Private Limited, Sti Global Trading Limited and 5 more, all in the Consumer Services industry (Hotels).

Shalin Hotels has 39 court cases on record: 9 filed by the company and 30 filed against it. 4 are pending. Most are in the district courts.

Ashokkumar Manubhai Maru was appointed as Additional Director on 11 Feb 2020. Somdutt Pitamberdutt Sharma ceased to be Director on 05 Feb 2020. Smruti Hasmukh Shah was appointed as Director on 25 Sep 1997. Shalin Hotels has 4 board changes on record in total.