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U G Hotels & Resorts Ltd. |
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| Registered Office : Shilon Bagh Kufri-Chail Road P O. Mundaghat Shimla District Himachal Pradesh - 171012 Tel: 2733343 2733344 2733357 |
| Business Group: Not Applicable |
Industry Type: Resorts |
Key Officials:
Mr. N K Sachdeva
Mr. Ragavan Naidu
Mr. Romesh Koul
Mr. Harmit Ghai
Mr. Umesh Phalpher |
Director
Director
Director
Whole Time Director
Chairman / Chair Person |
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| Public Issue Date:
16/03/1994 |
BSE CODE: 526463 |
NSE CODE: Not Available |
| Face Value: 10 |
Market Lot: 100 |
ISIN: INE692D01010 |
| Current PE:
0 |
Current Market Capital: 3.3527 |
| Promoters %: 39.4691 |
| Promoters Shares: 3196290 |
| Institution Investment
%: 2.2845 |
| Institution Investment Shares: 185000 |
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Auditor:
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Banker:
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Registrar:
| Beetal Financial & Computer Services (P) Ltd |
Beetal House 3rd Floor99 MadangirBehind Local Shopping CentreNew Delhi 110062 Delhi 29961281 29961282 |
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Company History: U.G. Hotels & Resorts Ltd was incorporated as a Private Limited Company on 05-02-1986 and subsequently converted into Public Limited company on 10th December 1990. It is a new company in the process of setting up a 5 star category exclusive resort hotel. The hotel is being set up at main Kufri Chail Road hear Shimla which is a major tourist centre. The company has been promoted by Mr. Umesh Phalpher and Mr. Harmit Ghai. Originally the company proposed to set up a 50 Cottage 4 Star Category resort Hotel. Therafter the building layout plant underwent a change as a sequel to the State Government changing the road layout plan. Further additional facilities such as central heating system water storage tank etc. were incorporated in the revised layout and the constructed area plan was increased from 3380 sq. mtrs to 5860 mtrs. However the implementation of the project could not be preceded with as envisaged on account of hindrance in the mobility of materials and manpower due to restricted availability of petroleum fuels consequent to the Gulf war political disturbances and agitations in 1990/91. Thereafter a market survey was conducted together with Jaypee Hotel Ltd in 1992 to assess the demand for a 5 Star Resort in the Shimla Region. As a sequel to a favourable market assessment the project concept was modified and upgraded from a 4 Star category to a 5 Star category. the number of guest cottages were increased from 50 to 61 and the built up area was enhanced to 9140 Sq. Metrs. |
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(Source: RTGSL) |
