About
Basic Data Updated:
8 days ago"Welcome to TGB Banquets and Hotels Limited - a premier hospitality company that has been serving guests since 1999. Formerly known as Bhagwati Banquets and Hotels Limited, our company operates a luxurious three-star hotel and banquet property in the bustling city of Ahmedabad, Gujarat. Our services also extend beyond the hotel, as we offer outside catering services and operate a variety of restaurants and food courts. Our meeting and convention centers, known as 'Grand Bhagwati', provide the perfect venue for events and gatherings. With our registered office located in Ahmedabad, Gujarat, we take pride in providing exceptional hospitality and creating unforgettable experiences for our guests."
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Financials of Tgb Banquets And Hotels Limited
Tgb Banquets And Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.38% increase. The company also saw a substantial improvement in profitability, with a 106.69% increase in profit. The company's net worth moved up by a moderate rise of 1.81%.
Corporate Structure
Unlock access to Tgb Banquets And Hotels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Tgb Banquets And Hotels Limited
Unlock and access historical data on people associated with Tgb Banquets And Hotels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
NS
Narendra Somani Managing DirectorAppointment Date: 01-Nov-1999
Status: Current
JC
Jaydeepsinh Chavda CFOAppointment Date: 08-Dec-2022
Status: Current
AS
Arapita Shah Company SecretaryAppointment Date: 21-Sep-2023
Status: Current
Board Members(5)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Indian Overseas Bank Creation Date: 18 Feb 2022 | ₹1.80 Cr | Open |
Indian Overseas Bank Creation Date: 29 Mar 2011 | ₹5.40 Cr | Open |
Religare Finvest Limited Creation Date: 20 Dec 2012 | ₹30.00 Cr | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Tgb Banquets And Hotels, 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 Tgb Banquets And Hotels's trajectory.
Rating
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.
Alert
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.
Related Corporates (Common Directorship)
Hotel And Restaurant Association (Western India)
Active 73 years 3 monthsNarendra Somani is a mutual person
Recent activity within the organization
Annual General Meeting
Tgb Banquets And Hotels Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023Charges
A charge with Indian Overseas Bank of Rs. 5.40 cr registered on 29 Mar 2011 with Charge ID 10280135 was modified on 10 Aug 2023.
10 Aug 2023Balance Sheet
Tgb Banquets And Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
31 Mar 2023Charges
A charge with Indian Overseas Bank amounted to Rs. 1.80 cr with Charge ID 100543062 was registered on 18 Feb 2022.
18 Feb 2022Director Appointment
Jasmin Jaykumar Doshi was appointed as a Director was appointed as a Director on 09 Nov 2020 & has been associated with this company since 3 years 6 months .
09 Nov 2020
Recent News, Updates & Announcement
- TGB Banquets and Hotels Board of TGB Banquets Hotels approves resignation of CFO.
4-Traders 16 Dec 2017
Frequently asked questions
What is the Incorporation or founding date of Tgb Banquets And Hotels Limited?