Swathi Hotels Private Limited
About Swathi Hotels Private Limited
Data last updated:
Swathi Hotels Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 11 June 1976.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA1976PTC003010. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh.
Its last annual general meeting (AGM) was held on 29 June 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 1A Platform Road Seshadripuram Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.32 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹8.01 Lakh (net margin 70.8%) and EBITDA of ₹10.84 Lakh (EBITDA margin 95.8%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
Court records list 15 cases involving the company, including 1 filed by the company and 14 filed against it; 2 cases are pending.
Company details
Contact details
Swathi Hotels Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1A Platform Road Seshadripuram Bangalore, Karnataka, India – 560020
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Swathi 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 Swathi Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Swathi Hotels Private Limited, buy the company report.
Financials of Swathi Hotels Private Limited
FY 2019 filings availableSwathi Hotels Private Limited reported revenue of ₹11.32 Lakh (down 50% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over three years, including a 50% fall in the latest year. EBITDA fell 51% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹10.84 Lakh | ||||
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| Net Profit (PAT) | ₹8.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 95.8% | ||||
| Net Profit Margin | 70.8% | ||||
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To see the full financial statements and ratios of Swathi Hotels Private Limited, buy the company report.
Board of directors of Swathi Hotels Private Limited
Swathi Hotels has 4 former directors on record and no current directors listed.
Auditor
Swathi Hotels Private Limited is audited by M. PUNNAYYA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. PUNNAYYA | FY 2017 | 009914 |
Shareholding
The shareholding of Swathi 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 Swathi Hotels Private Limited, buy the company report.
Legal cases
Swathi Hotels Private Limited has 15 court cases on record: 1 filed by Swathi Hotels, 14 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 1 |
| High courts | 5 | 4 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by individuals | Pending |
| Supreme Court | Court case (0310-Direct Taxes Matter : Property Tax) | Filed against the company by Bruhat Bangalore Mahanagara Palike by Its Commissioner N.R. Square ,Bangalore , Karnataka | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Disposed |
To see the full case history of Swathi Hotels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swathi Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swathi Hotels Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Swathi Hotels has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Swathi Hotels Private Limited, buy the company report.
Recent activity
Swathi Hotels Private Limited has 4 board changes on record since 2018: 0 appointments and 4 cessations. The latest: Doddamane Ramachandra Rao Muralikrishna ceased to be Director on 24 Nov 2019.
Frequently asked questions
Swathi Hotels has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Swathi Hotels was a private limited company based in Bangalore, Karnataka, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 11 June 1976 and is registered under CIN U55101KA1976PTC003010. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Swathi Hotels is U55101KA1976PTC003010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swathi Hotels was incorporated on 11 June 1976. It is registered with the Registrar of Companies, Bangalore.
The registered office of Swathi Hotels is at 1A Platform Road Seshadripuram Bangalore, Karnataka, India – 560020.
The latest financial statements of Swathi Hotels on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 29 June 2019. Year-wise statements from 2015 are in the company report.
No. Swathi Hotels has 2 GST registrations on record and all of them are cancelled or inactive.
Swathi Hotels operated in the travel and hospitality industry, in the hotel and accommodation services segment.
Swathi Hotels has 15 court cases on record: 1 filed by the company and 14 filed against it. 2 are pending. Most are in the district courts.
Doddamane Ramachandra Rao Muralikrishna ceased to be Director on 24 Nov 2019. Hodarhalli Shantaram Rajani ceased to be Director on 24 Nov 2019. Shantaram ceased to be Managing Director on 24 Nov 2019. Swathi Hotels has 4 board changes on record in total.