Viizetha Continental Hotels Private Limited
About Viizetha Continental Hotels Private Limited
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Viizetha Continental Hotels Private Limited is a private limited company based in Rayagada, Odisha, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 25 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U55101OR2015PTC019094. Its GSTIN is 21AAFCV1569H2ZD (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Vanita Varanasi and Avtar Varanasi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Behind Cto Colony J K Road, Rayagada, Odisha, India – 765001.
As per the financials filed for FY 2022, the company reported a revenue of ₹48,000, a decline of 5% compared to the previous year. Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹3.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Viizetha Continental Hotels Private Limited's registered office is in Rayagada, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressBehind Cto Colony J K Road, Rayagada, Odisha, India – 765001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Viizetha Continental 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
Financials of Viizetha Continental Hotels Private Limited
FY 2023 filings availableViizetha Continental Hotels Private Limited reported revenue of ₹48,000 (down 5% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 5% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Revenue | ₹48,000 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Viizetha Continental Hotels Private Limited, buy the company report.
Board of directors of Viizetha Continental Hotels Private Limited
Viizetha Continental Hotels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vanita Varanasi | Director | 25 Jun 2015 | 11 Years 4 Months | Current |
| Avtar Varanasi | Director | 25 Jun 2015 | 11 Years 4 Months | Current |
Peer comparison
Viizetha Continental Hotels Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chinman Healthcare and Hospitality Private Limited | ₹48,963 (FY 2024) | Kolkata, West Bengal, India | ||||
| Hotel Pearl Continental Private Limited | ₹48,877 (FY 2024) | -68.0% | Kochi, Kerala, India | |||
| Wonder Hill Resorts Private Limited | ₹48,500 (FY 2025) | -5.0% | Delhi, India | |||
| Sairaj Hotels Private Limited | ₹48,147 (FY 2021) | -91.0% | Poladpur, Maharashtra, India | |||
| Viizetha Continental Hotels Private Limitedthis company | ₹48,000 (FY 2022) | -5.0% | Rayagada, Odisha, India | |||
| Tendulkar Hotels Private Limited | ₹47,777 (FY 2024) | Mumbai, Maharashtra, India |
To see the full peer comparison of Viizetha Continental Hotels Private Limited, buy the company report.
Auditor
Viizetha Continental Hotels Private Limited is audited by PATRO & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATRO & CO | FY 2022 | 310100E |
Shareholding
The shareholding of Viizetha Continental Hotels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Viizetha Continental Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2024 | 100970808 | Axis Bank Limited | ₹3.45 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Viizetha Continental 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 Viizetha Continental Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Viizetha Continental Hotels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCV1569H2ZD | Odisha | Active | 28 Feb 2019 |
To see the full GST registrations and return filing status of Viizetha Continental Hotels Private Limited, buy the company report.
Recent activity
Viizetha Continental Hotels Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Avtar Varanasi was appointed as Director on 25 Jun 2015.
Frequently asked questions
Viizetha Continental Hotels is an active private limited company based in Rayagada, Odisha, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 25 June 2015 (11+ years old) and is registered under CIN U55101OR2015PTC019094.
Viizetha Continental Hotels has 2 current directors:
- Vanita Varanasi - Director
- Avtar Varanasi - Director
The latest financial statements of Viizetha Continental Hotels on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Viizetha Continental Hotels is 21AAFCV1569H2ZD, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Viizetha Continental Hotels is U55101OR2015PTC019094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viizetha Continental Hotels was incorporated on 25 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Viizetha Continental Hotels by revenue are Chinman Healthcare and Hospitality Private Limited, Hotel Pearl Continental Private Limited, Wonder Hill Resorts Private Limited, Sairaj Hotels Private Limited, Tendulkar Hotels Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Avtar Varanasi was appointed as Director on 25 Jun 2015. Vanita Varanasi was appointed as Director on 25 Jun 2015.
The registered office of Viizetha Continental Hotels is at Behind Cto Colony J K Road, Rayagada, Odisha, India – 765001.
Viizetha Continental Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Viizetha Continental Hotels has open charges of ₹3.45 Cr and no satisfied charges on record as per latest MCA filings.
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