Royale Manor Hotels & Industries Ltd

Royale Manor Hotels & Industries Ltd (526640)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return8.37 %
3 Month Return6.49 %
1 Year Return-2 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 458
Rank 463
Rank 529
Dividend Yield
Rank 186
Rank 955
Price To Book Ratio
Rank 353
Debt To Asset
Rank 529

Company Information

Royal Manor Hotels and Industries incorporated in 1991 in Ahmedabad Gujarat earlier it is in the name of Royal Manor Hotels was promoted by Ummed Singh P Champawat and Elcon Finlease Industries.The company is engaged in the business of putting up hotel projects in India. The first project for a fivestar hotel has come up at Ahmedabad Gujarat. The company has a technical services agreement with EIH for managing and operating the hotel on its commissioning.The company came out with a public issue in Sep.94 to partfinance the hotel project. The hotel Trident was commissioned in Oct.95. The company is exploring the possibilities of adding 75 more delux rooms and a banquet hall for which land and other facilities are already available with the company. A feasibility study is being undertaken and in case of a positive report the expansion project will be undertaken.RMH has entered into Franchise Agreement with AAPC Aisa Pte Ltd. Accor Group of France and name of the hotel changed to Hotel Sofitel Ummed.During 19992000 the company has entered into Hotel Management Agreement with The Indian Hotels Company Ltd known as the Taj Group of Hotels for managing operations for a period of 20 years and has now been designated as Taj Residency Ummed and has been very well received by the business community.
OrganisationRoyale Manor Hotels & Industries Ltd
IndustryHotels & Restaurants