iifl-logo

Gujarat Hotels Ltd Company Summary

264.5
(-4.44%)
May 9, 2025|12:00:00 AM

Gujarat Hotels Ltd Summary

Promoted by Gujarat Industrial Investment Corporation and ITC, and incorporated as Gujarat Hotels Baroda in Aug.82, Gujarat Hotels acquired its present name in 1985.The company set up the first and only five star hotel Welcomgroup, Vadodara in 1986, with a capacity of 144 rooms. In 1992, the company jointly formulated a rehabilitation package alongwith the Government of Gujarat, and the financial institutions, since the company was incurring losses. In accordance to the rehablilitation package, the hotel was given on an Operating License to ITC from Oct.92. After the full-implementation of the rehabilitation package, the company, in 1993-94, made a net profit for the first time.As a part of its restructuring exercise, ITC assigned the Operating License agreement with the company to ITC Hotels with effect from Oct.94.

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.