MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KL-02-0004680
True Wealth Hotels Private Limited
True Wealth Hotels Private Limited - travel and hospitality in Kochi, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹9,000
▼ 93% YoY
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.5 Lakh
Issued & subscribed
Satisfied charges
₹6.22 Cr
No open charges
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered
Last financials
Mar 2024
Balance sheet date
About True Wealth Hotels Private Limited
Data last updated:
True Wealth Hotels Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 22 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55101KL2005PTC018552. Its GSTIN is 32AACCT3401D1Z5 (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors including Lekshmanan Balachandran (Managing Director) and Kariyezhath Sathyan Shaji.
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 is at 7th Floor Amritha Trade Tower S.A Road Pallimukku, Kochi, Kerala, India – 682016.
As per MCA filings, the company has satisfied charges of ₹6.22 Cr on record. Court records list 21 cases involving the company, including 13 filed by the company and 8 filed against it; 1 case is pending.
True Wealth Hotels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0004680). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U55101KL2005PTC018552
Registration Number 018552
Incorporation Date 22 August 2005
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0004680
Key People
Lekshmanan Balachandran Managing Director Kariyezhath Sathyan Shaji Director Shaji Kattiparambil Ayyappankutty Director Recognitions & Rankings of True Wealth Hotels
Contact details
True Wealth Hotels Private Limited's registered office is in Kochi, Kerala. Its e-mail address is in the company report.
- Email
- Registered Address7th Floor Amritha Trade Tower S.A Road Pallimukku, Kochi, Kerala, India – 682016
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of True Wealth Hotels Private Limited, buy the company report.
Comprehensive company report
True Wealth Hotels Private 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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Business activity
The main business activity of True Wealth 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. |
Financials of True Wealth Hotels Private Limited
FY 2024 filings availableTrue Wealth Hotels Private Limited reported revenue of ₹9,000 (down 93% YoY) for FY 2023.
Revenue · FY 2023
₹9,000 ▼ 93%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 93%
3 years · compounded
▼ 81%
5 years · compounded
▼ 42%
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 93% 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
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Financial Ratios
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To see the full financial statements and ratios of True Wealth Hotels Private Limited, buy the company report.
Board of directors of True Wealth Hotels Private Limited
True Wealth Hotels has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kariyezhath Sathyan Shaji Also directs: Hotel Salkara Residency Private Limited, Gruas Transport Private Limited, TNT Tours and Travels Private Limited and 3 more | Director | 17 Feb 2022 | 4 Years 8 Months | Current |
| Shaji Kattiparambil Ayyappankutty | Director | 17 Feb 2022 | 4 Years 8 Months | Current |
| Lekshmanan Balachandran Also directs: Arabian Petro Equip LLP, Emasco Hospitality Private Limited | Managing Director | 08 Mar 2022 | 4 Years 7 Months | Current |
Charges & borrowings
Open charges
None
Satisfied charges
₹6.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2007 | 10048622 | The South Indian Bank Limited | ₹17 Lakh | Satisfied | |
| 11 Aug 2006 | 10015455 | South Indian Bank Limited | ₹2.39 Cr | Satisfied | |
| 18 Nov 2005 | 90023263 | The South Indian Bank Limited | ₹3.25 Cr | Satisfied | |
| 09 Nov 2005 | 90023255 | South Indian Bank Limited | ₹41 Lakh | Satisfied |
To see the full charge records of True Wealth Hotels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
True Wealth Hotels Private Limited has 21 court cases on record: 13 filed by True Wealth Hotels, 8 filed against it. 1 case is pending and 20 are disposed.
Total cases
21
Filed by the company
13
Filed against the company
8
Pending
1
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 3 | 0 |
| High courts | 6 | 5 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (OP(C)) | Filed against the company by an individual | Pending |
| District court, Ernakulam, Kerala | Court case (Restor.Ptn) | Filed against the company by an individual | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against M/S Cauvery Sons Company and 4 others | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by individuals | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of True Wealth 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 True Wealth Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
True Wealth Hotels has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCT3401D1Z5 | Kerala | Active | 01 Jul 2017 |
| 32AACCT3401D2Z4 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of True Wealth Hotels Private Limited, buy the company report.
Recent activity
True Wealth Hotels Private Limited has 11 board changes on record since 2016: 3 appointments and 8 cessations. The latest: Kariyezhath Sathyan Shaji ceased to be Additional Director on 29 Sep 2024.
AGM
True Wealth Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Kariyezhath Sathyan Shaji ceased to be Additional Director.
Ceased
Lekshmanan Balachandran ceased to be Additional Director.
Ceased
Shaji Kattiparambil Ayyappankutty ceased to be Additional Director.
Filing
True Wealth Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Joseph Charumkattu Antony ceased to be Additional Director.
Ceased
Pradeep ceased to be Director.
Appointed
Lekshmanan Balachandran was appointed as Managing Director.
Appointed
Kariyezhath Sathyan Shaji was appointed as Director.
Appointed
Shaji Kattiparambil Ayyappankutty was appointed as Director.
Ceased
Jose Mylakulath Mathew ceased to be Director.
Ceased
Vilavathu Krishnan Surendran ceased to be Managing Director.
14 earlier events are in the company report.
Frequently asked questions
True Wealth Hotels is an active private limited company based in Kochi, Kerala, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 22 August 2005 (21+ years old) and is registered under CIN U55101KL2005PTC018552.
True Wealth Hotels has 3 current directors:
- Lekshmanan Balachandran - Managing Director
- Kariyezhath Sathyan Shaji - Director
- Shaji Kattiparambil Ayyappankutty - Director
The latest financial statements of True Wealth 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.
The GSTIN of True Wealth Hotels is 32AACCT3401D1Z5, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AACCT3401D2Z4 (Kerala).
The CIN (Corporate Identification Number) of True Wealth Hotels is U55101KL2005PTC018552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Wealth Hotels has 21 court cases on record: 13 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
True Wealth Hotels was incorporated on 22 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ernakulam.
Kariyezhath Sathyan Shaji ceased to be Additional Director on 29 Sep 2024. Lekshmanan Balachandran ceased to be Additional Director on 29 Sep 2024. Shaji Kattiparambil Ayyappankutty ceased to be Additional Director on 29 Sep 2024. True Wealth Hotels has 11 board changes on record in total.
Yes, True Wealth Hotels is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0004680).
The registered office of True Wealth Hotels is at 7th Floor Amritha Trade Tower S.A Road Pallimukku, Kochi, Kerala, India – 682016.