July 30, 2010

Benares Hotels Limited

Incorporated in 1971 , Benares Hotels Limited saw collaboration between the Tata group 's Taj Hotels and the Royal family of Benares  to set up a Five Star Hotel in the Nadesar Palace Varanasi.

Chairman : Dr. Anant Narain Singh
Directors :
Raymond N Bickson
Shriraman
Rukmani Devi
AR Gandhi
BL Passi
P Sanker
PK Mohankumar
Deepa Misra Harris

Benares Hotels Limited operates :-

The Gateway Hotel Ganges  Varanasi which has 130 luxurious rooms and suites .

The historical Nadesar Palace  which has 10 super luxurious suites . Each is named after the celebrity who stayed there. It was built by East India Company and later bought by the Benares Naresh.

 Financials - as on 31-03-2010

Share Capital : Rs. 1 cr 30 lakh ( shares of Rs. 10 each )
Reserves  Rs.23 cr 62 lakh
Net Profit : Rs. 3 cr. 77 lakh
Net Worth Per Share : Rs. 192
EPS: Rs. 29
Dividend : 130 %
ZERO DEBT

Listed : BSE : DSE ; UP Stock Exchange Kanpur

Liquidity : Moderate ( Daily Quotation Available ).
Promoters hold around 62 % equity

CMP :Rs.500






Shares of Benares Hotels Limited means shares in Royal Palaces 

http://www.tajhotels.com/Business/Nadesar%20Palace%2CVaranasi/default.htm
http://www.thegatewayhotels.com/index.htm?hotelId=TVNSTG&page=Overview

For History of Nadesar Palace, please click :-

http://www.tajhotels.com/Business/Nadesar%20Palace%2CVaranasi/history.htm

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General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has  holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this blog / blog writer.

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