Valencia India Ltd Company Summary

Valencia India Ltd Summary

Valencia India Limited was incorporated as Valencia Country Club Private Limited on March 8, 2017 with the Registrar of Companies, Central Registration Centre, Ministry of Corporate Affairs, Government of India. The Company name was changed to Valencia India Private Limited issued on July 01, 2020 by the Registrar of Companies, Ahmedabad. Thereafter, the status of the Company was changed to Public Limited and the name was changed to Valencia India Limited on June 20, 2024 by the Ministry of Corporate Affairs, Government of India.Mr. Keyur Patel, Promoter, has 25 years of experience in construction and building design. He started his career as an AutoCAD draftsman and CAD designer from 1996 to 1999, where he improved his technical skills and gained experience in labor contracting and on-site supervision. Throughout his career, Mr. Keyur Patel has managed and developed many different types of housing projects, including studio apartments, 2 BHK units, and luxury hilltop cottages and villas.Basil Buildcon Private Limited, a company promoted by Keyur Patel had developed a Resorts named as a Valencia Mount Abu Resort, Valencia Club Resort, located in the beautiful surroundings of Foot Abu Road, Sirohi, Rajasthan. It offers a unique getaway from everyday life. The Company specializes in providing premium hospitality services, offering guests unparalleled comfort, convenience, and personalized experiences. It manages resort, club and provide range of services viz accomodation, use of amenities, dining, events and activities etc.The resort furnished accommodations and a range of amenities, including restaurants, spas, kids clubs, and various holiday activities. The operation and maintenance of club was the responsibility of the Valencia India Limited formerly known as Valencia Country Club Private Limited. The agreement covers a Club Building and its surrounding areas, which include an Admin Office, Multi-Purpose Hall, Restaurant, Kitchen, Swimming Pool, Changing Rooms, Spa and Gym, Banquet Area, Six Residential Rooms, and a Party Lounge.Apart from club facilities, the Company organize a variety of events including pre-wedding functions, receptions, weddings, cocktail parties, family/group picnics, corporate picnics, birthday parties, and get-togethers. Valencia Country Club membership grants members the opportunity to enjoy a vacation at any of Split Week Programme of RCI-affiliated resorts. Members can select their preferred season and apartment, depending on their membership tenure. In 2024, Company has purchased the Club Building and Villas No. 76 and 77.The Company is planning an Initial Public Offer of 49,00,000 Equity Shares of face value of Rs 10/ each, comprising a Fresh Issue of 40,00,000 and 9,00,000 through Offer for Sale.