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HLV Ltd

Wed 30/04/2025,15:58:31 | NSE : HLVLTD

₹ 12.38-0.36 (-2.83%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 12.70

Previous Close

₹ 12.74

Volume

715004

Mkt Cap ( Rs. Cr)

₹816.16

High

₹ 12.80

Low

₹ 12.35

52 Week High

₹ 29.00

52 Week Low

₹ 10.86

Book Value Per Share

₹ 6.81

Dividend Yield

0.00

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on HLV Ltd

Your Vote -

Buy

32.75%

Hold

9.61%

Sell

57.64%

32.75%

687 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

12.38

272

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0

0.00

0

0.00

0

0.00

0

Bid Total

272

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts HLV Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • HLV L has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    9 Apr 2025, 2:50PM As of March 2025, 39.07% is owned by Indian Promoters and 60.93% by Public. <p align=justify> Institutional holds 1.69% (Insurance Companies 1.47%) an
  • HLV L - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    2 Apr 2025, 12:15PM HLV LIMITED has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • HLV L - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    2 Apr 2025, 11:46AM Certificate pursuant to Regulation 74(5) of the SEBI ( Depositories and Participants ) Regulations, 2018 for the Quarter Ended 31st March , 2025.
  • HLV L - Trading Window-XBRL

    26 Mar 2025, 4:22PM HLV LIMITED has informed the Exchange about Closure of Trading Window
  • HLV L - Trading Window

    26 Mar 2025, 4:16PM HLV LIMITED has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • HLV L - Copy of Newspaper Publication

    12 Feb 2025, 11:34AM HLV LIMITED has informed the Exchange about Copy of Newspaper Publication
  • HLV L - Integrated Filing- Financial

    11 Feb 2025, 3:45PM Integrated filling- financial for December 2024
  • HLV L - Outcome of Board Meeting

    11 Feb 2025, 2:20PM HLV LIMITED has informed the Exchange regarding Board meeting held on February 11, 2025.
  • HLV L - Board Meeting Outcome for Outcome Of The Board Meeting Held On 11.02.2025

    11 Feb 2025, 2:20PM We wish to inform you that the Board of Directors of the Company at their meeting held today have approved the unaudited financial results of the Comp
  • HLV L - Financial Result Updates

    11 Feb 2025, 2:19PM HLV LIMITED has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • HLV L - Integrated Filing (Financial)

    11 Feb 2025, 3:49PM Integrated filing (financial) for the third quarter and nine months ended 31st December, 2024
  • HLV L Q3 net profit up 7.76% at Rs 10.27 cr

    11 Feb 2025, 2:40PM The company reported standalone net profit of Rs 10.27 crore for the quarter ended December 31, 2024 as compared to Rs 9.53 crore in the same period l
  • HLV L - Outcome Of The Board Meeting Held On 11Th February,2025

    11 Feb 2025, 2:32PM we with to inform you that the board of Directors of the company at their meeting held today have approved the unaudited results of the Company for th
  • SEBI seeks more disclosures from Hotel Leelaventure

    24 Jul 2019 , 12:48PM Hotel Leelaventure: The SEBI asked Hotel Leelaventure to provide additional disclosures in postal ballot notice for asset sales to Brookfield and may also initiate adjudication proceedings against JM Financial ARC for its failure to ensure compliance with the applicable provisions of the takeover regulations – sentimentally negative for Hotel Leela as the completion of the asset sale to Brookfield would take some time to materialise.
  • Bankruptcy court has given Hotel Leelaventure six weeks

    29 May 2019 , 11:08AM Hotel Leelaventure: The bankruptcy court has given Hotel Leelaventure six weeks before it would take up an insolvency petition against the hotel chain, and asked the markets regulator to complete its examination of the company’s asset-sale deal with Brookfield within that time –sentimentally positive for the stock
  • SEBI bars Leela from selling hotel assets

    25 Apr 2019 , 11:33AM Hotel Leelaventure: SEBI bars Leela from selling hotel assets to Canadian fund Brookfield; the company may have to struggle with debt overhang (close to Rs4000crore) – negative read through for the stock
  • Hotel Leela to sell 4 properties to Brookfield for Rs. 3,950 crore

    19 Mar 2019 , 10:49AM Canada’s Brookfield Asset Management agrees to acquire four hotels and a land parcel from India’s Hotel Leelaventure
  • Hotel Leelaventure to sell 4 properties to Brookfield for Rs. 3950 crore

    19 Mar 2019 , 10:29AM Hotel Leelaventure: The company will sell four Leela hotels in Bengaluru, Chennai, Delhi and Udaipur to a Canadian alternative asset management company, Brookfield for Rs. 3,950 crore on a slump sale basis, according to a stock exchange filing; the four hotels contribute nearly 80 percent of the total income and 88 percent of the total net worth of the company – sentimentally positive for the stock as the funds raised through asset sale will be utilised to reduce debt on the consolidated books (close to Rs4,000crore); though it will help in reducing interest cost exit from key properties will reduce the revenues nullifying the effect of reduction in interest cost
  • Hotel Leela defaults on payment to LIC

    3 Oct 2018 , 11:24AM The company defaulted on Rs 22.5 crore principal payment to LIC
  • Hotel Leela evaluate various options to reduce debt

    4 Sep 2018 , 11:48AM Hotel Leela Ventures evaluating various options to reduce debt (currently stands at ~Rs3800crore in consolidated books); the company is in discussion with three to four investors including Brookfield for stake sale - the already run-up by over 7% post the news of Brookfield acquiring stake in the company; positive momentum to continue post management confirmation of propose stake sale post approval of promoters
  • Hotel Leela rallies as boards gives nod to JM Financial ARC

    12 Jun 2018 , 3:33PM Hotel Leela Venture stock gained by 6% to Rs18.6, after board apporves issuing 125 crore shares to JM Financial Asset Reconstruction Company on conversion of debt
  • Hotel Leela board to consider share issue to JM Financial

    5 Jun 2018 , 10:14AM Hotel Leelaventure board to meet on Jun 11, to approve a share issue of up to 125 crore shares on preferential basis to JM Financial Asset Reconstruction Company
  • Marigold Capital to buy Leela Palace

    5 Sep 2017 , 10:40AM Marigold Capital to buy Leela Palace, Chennai – positive read through for the stock as the funds raised through property sale will utilised to reduce debt on books, positive for JM financials

Key fundamentals

Evaluate the intrinsic value of HLV Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 455.02 427.6751 455.0629 460.0843 489.7207
Liabilities 455.02 427.6751 455.0629 460.0843 489.7207
Equity 131.852 131.852 131.852 126.1104 126.1104
Gross Profit 30.7647 15.8822 -20.7525 -52.9888 -36.9589
Net Profit 23.8029 7.6468 -42.5096 -35.9259 193.4988
Cash From Operating Activities 23.8232 35.3975 -48.6198 -29.1447 138.7085
NPM(%) 11.95 4.42 -58.23 -189.87 132.82
Revenue 199.0945 172.8832 72.9971 18.9205 145.6756
Expenses 168.3298 157.001 93.7496 71.9093 182.6345
ROE(%) 5.3 1.7 -9.46 -8 43.1

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
21 Jun 2011 0.15 7.5 0 39.75
04 Aug 2010 0.2 10 0 44.1
14 Aug 2009 0.4 20 0 34.2
07 Aug 2008 0.5 25 0 39.65
03 Aug 2007 0.15 7.5 0 53.65
20 Mar 2007 0.3 15 0 51.8
14 Jul 2006 0.5 5 0 288.5
12 May 2006 1.5 15 0 426.95
13 May 2005 0.4 4 0 174.9
09 Dec 2004 0.6 6 0 111.85
06 Sep 2002 0 0 0 15.75
28 Aug 2001 0 5 0 13.6
0 5 0 23.35
0 10 0 30.85
0 35 0 41.35
0 40 0 81.55

Peers

Other companies within the same industry or sector that are comparable to HLV Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Blue Coast Hotels Ltd 29.13 -2.02 0.54 15.77 -49.99 0.00
Indian Railway Catering and Tourism Corporation Ltd 751.50 -1.42 48.45 989.60 694.42 0.86
Asian Hotels (North) Ltd 356.85 -3.03 0.00 24.06 -449.78 0.00
Mahindra Holidays and Resorts India Ltd 310.75 -2.08 49.01 249.30 63.16 1.07

Company Info

1981 - Incorporated in 1981 to set up and operate 5-star hotels, Hotel Leela Venture entered into a collaboration with Penta Hotels, UK, which was subsequently transferred to Kempinski Hotels, a European chain of 5-star deluxe hotels, owned by Lufthansa, the German airline. - The Company entered into collaboration agreement with Penta Hotels Ltd. (Penta) for a period of 10 years for sales, marketing & technical know-how. - Penta also agreed to provide full marketing support to the hotel including selling of the hotel by the 3 airline partners of Penta viz. Lufthansa, Swissair & British Airways. - 20,02,939 shares to promoters, etc. and 4,27,580 shares without payment in cash to Lela Scotish Lace Pvt. Ltd. in January/February 1985, 20,69,481 shares were issued at par out of which 70,000 shares to NRI promoters for cash and 99,481 shares to C.K. Kutty (NRI) without payment in cash were reserved and allotted. - Out of the remaining 19,00,000 shares, 6,50,000 shares to NRIs on repatriation basis and 38,000 shares to business associates of the Company were reserved and allotted on a preferential basis. The balance 12,12,000 shares were offered for public subscription during February 1985 (all were taken up). 1986 - The company set up its first 5-star deluxe hotel, Leela Penta, in Bombay in 1986. It was renamed Leela Kempinski in 1988, following the change in its marketing and sales tie-up. It undertook an expansion of its hotel in Bombay by constructing a tower block comprising an additional 172 rooms, including suites. Simultaneously, it also undertook the construction of a new 5-star deluxe resort at Goa which was part-financed by a rights issue in Sep.'91. Consequent on the enhancement of facilities and upgradation of standards, aggregate cost escalated and the financing for the project had to be revised due to which the company came out with a rights NCDs issue with detachable warrants aggregating Rs 49.09 crores in 1995. - 45,00,000 rights equity shares issued at par in prop. 1:1 during July/August. 1987 - The hotel de-linked itself with Penta & entered into technical, Sales, and Marketing agreement with Kempinski, hotel S-A Switzerland, a part of the Lufthanas Chains of hotel. - The Company undertook to set up a 5-star Deluxe Airport Hotel of international standards. - In view of the large scope for occupancy at the International Airport and in view of the acute shortage of hotel guest room, it was decided to increase the number of guest rooms from 205 to 282. It was also decided to add a large banquet hall and conference rooms to the facilities. - The hotel was assigned a 5 star deluxe status during the year. In recognition of this rating, the collaborators, Penta Hotels, Ltd. assigned the technical sales and marketing agreement in favour of Kempinski hotels, S.A., Switzerland, both groups being in the Lufthansa system of hotels. - The Leela Bombay, was conferred by the Government of India, Department of Tourism, the highest honour in the hospitality industry viz. the National Tourism Award for 1997-98 for outstanding performance in the five star deluxe category hotels in India. 1988 - It was proposed to expand the existing capacity by addition of another 192 rooms. - With effect from 15th October, the name of the hotel was changed to `The Leela Kempinski Bombay' in view of the assignment of the franchise agreement to Kempinski hotels from Penta hotels. - 28,00,000 No. of equity shares issued at par to Lela Scottish Lace Ltd. in conversion of their unsecured loans. - The Leela Palace, Goa has started its operation in Sep, 1998. The hotel has been upgraded to a world class beach resort and has been acclaimed as one of the finest resorts in the world. 1989 - During August, the Company offered 9,00,000-14% secured redeemable non-convertible debentures of Rs 100 each on `rights basis' in the proportion 1 deb.: 10 equity shares held. Only 10,429 debentures were taken up. The remaining 8,89,571 debentures devolved on the underwriters. - These debentures were to be redeemed at a premium of Rs 5 per debenture in three equal annual instalments of Rs 35 each on the expiry of 7th, 8th and 9th year from the date of allotment of debentures. - During August, 59,00,000 Rights shares issued at par in prop. 1:2. Additional 8,85,000 shares were allotted to retain oversubscription. Simultaneously, another 2,95,000 shares were issued at par to employees but only 500 shares taken up. The balance 2,94,500 shares were allowed to lapse. 1991 - In Sept. 92,92,750 rights shares issued at par in prop. 1:2. Additional 13,93,912 shares were allotted to retain oversubscription. Another 4,64,630 shares offered at par to employees but only 7,650 shares taken up. Out of the remaining 4,56,980 shares 4,50,000 shares taken up by financial institutions and the balance allowed to lapse. 1992 - The Company proposed to add 43 guest rooms at the Leela Beach, Goa. During the year, the Company concluded negotiations for purchase of a plot of land adjoining the hotel property at Mumbai for the construction of a new deluxe all suite hotel consisting of about 200 suites. 1993 - The Company commissioned 60 new rooms at the Leela Beach, Goa and set up a mini golf course of 9 holes. - The Hotel has opened a spectacular entertainment outlet, viz., `Cyclone-The Club'. 1994 - The Company had issued Warrants to its promoters including friends and associates on preferential basis. On conversion of the said Warrants, on 9th November, 30 lakh equity share were allotted at a premium of Rs 128.14 per share. - A MOU was entered into with Four Seasons Hotels & Resorts a international chain of hotels to operate the Leela Palace Bombay at Andheri Kurla Road. 1995 - The company proposed to enter into business of full fledged money changers and allied activities. 1996 - The Company allotted 30,00,000 CCP of Rs 100 each. - The Leela Beach Goa underwent upgradation and refurbishment as per recommendations of Four Season Hotels & Resorts which would be marketing and operating the resort. - The Company also initiated steps to set up a `5' star deluxe hotel at Bangalore with Four Seasons Hotels & Resorts. - The Company entered into a management agreement with Four Season Hotels, Canada, for management of Company's hotels and resorts at Mumbai, Goa and Bangalore. - The Company proposed to change its object clause which, the Company was authorised to carry on the business of power generation and allied activities and dealing in foreign Exchange and to act as money changers. - 1,00,000 - 16% CCP of Rs 100 and 29,00,000 - 17% CCP of Rs 100 issued on private placement basis. 1997 - The company undertook to set up a beach resort consisting of 300 villas at Goa. Technical services and sales and marketing agreement was signed with Kempinski hotels S.A. for the project. - Hotel Leela Venture Limited, incorporated in 1981, to set up and operate 5-star hotels, entered into a collaboration with Penta Hotels of UK which was subsequently transferred to Kempinski Hotels, a European chain of 5-star deluxe hotels, owned by Lufthansa, the German airline. - The company set up its first 5-star deluxe hotel, Leela Penta, in Mumbai in 1986. - Hotel Leelaventure had signed a 30 year lease agreement with AAI in February 1996 for 11,000 sq mts of land for expansion of its hotel by 150 rooms. - HLV will be setting up hotels in the five star deluxe category at Bangalore, Delhi, Mumbai and Goa. - The company has also set up a subsidiary company, Leela Hotels Ltd., which will promote two greenfield projects. 1998 - Investment Information and Credit Rating Agency (ICRA) has placed the non-convertible debenture and fixed deposit programmes of Hotel Leelaventure Ltd. under rating watch. - The company's Rs 49.1-crore fixed deposit (FD) programme with a current rating of MAA minus has also suffered the same fate. 1999 - The five star hotel project has been undertaken by the 100 per cent subsidiary of Leela Hotels Ltd (LHL) on a controversial plot the same plot was allotted earlier to MS Shoes East Ltd. - Leela Hotels Ltd, a subsidiary of Hotel Leelventure Ltd, was awarded an interim relief the Delhi High Court after Leela sought legal redressal. - Leelaventure is spreading its wings and has set eyes to build a hotel in the scenic backwaters of Kerala. - The lease agreement with LSLL makes it paramount for the company to get a commercial complex built on the land with an area of 15,000 square meters. 2000 - The Company has allotted balance 80,47,4000 No. of equity shares to the promoters of the company viz., Leela Scottish Lace Ltd. - The Company appointed a Dr. K. U. Mada as the Director and Mr Venu Krishnana as an Executive Director effective from 29th January. - Mr. M. Narasimhan has resigned as the Director effective from September 20. - The Company issued 15630000 Equity shares of Rs 10/- each at a premium of Rs 21 per share to the promoters of the Company, M/s Leela Scottish Lace Limited on 6th April, 2000 on fully paid basis. 2001 - Hotel Leelaventure is setting up a five-star deluxe resort property in the Kannur district of Kerala state. The 100-room property would be developed by its wholly-owned subsidiary, Vision Hotels, and would be completed by the end of 2001. The 300-room Bangalore five-star hotel had a soft launch on 15th July, 2001. In the first phase , 77 guest rooms are expected to be in commercial operation from August, 2001 and the rest of the rooms with full compliment of facilities are expected to be progressively completed by the end of 2001. - During the year 2001, the company also formed an arrangement for a joint venture to develop a large commercial complex on the land of Andheri-Kurla road, Mumbai. 2002 -Dr. Gunter resigns as director of the company -Board approves the proposal for amalgamation/merger of Leela Hotels witn Hotel Leelaventure 2003 -Ties up with General Hotel Management (GHM) Singapore, the holding company of Aman Resorts, for its Goa property -Board approves voluntary delisting from Ahmedabad, Bangalore, Cochin, Delhi and Mangalore Stock Exchanges -Board approves allotment of Non Cumulative Redeemable Preference Shares (NCRPS) of Rs 317.50 million to the Holding Company, Leela Scottish Lace Pvt Ltd. 2004 - Delisting of the equity shares of the Company from Ahmedabad, Bangalore, Cochin, Delhi and Mangalore Stock Exchanges. 2006 -Hotel Leela Venture Ltd. has appointed Mr. V.L. Ganesh as the Chief Financial Officer of the Company with effect from November 01, 2006. -Company has splits its Face value of Shares from Rs 10 to Rs 2 2007 - Hotel Leelaventure - Issue of Foreign Currency Convertible Bonds. - Hotel Leelaventure wins Bid for Hotel plot in South Delhi for Rs 611 Crores. 2008 - Mr. V L Ganesh, Chief Financial Officer of the Company has been inducted in the Board as Director Finance and Chief Financial Officer. - "The Company had issued Foreign Currency Convertible Bonds (FCCB) aggregating US $ 100,000,000. 2010 - Hotel Leela - Board recommends Dividend. 2011 - Mr. Krishna Deshika, who had joined the Company as Chief Financial Officer, has now been appointed as an Additional Director and elevated to the position of Director - Finance & CFO. - Company has executed a Joint Development Agreement with Prestige Estates Projects Ltd. 2012 -The Indian Association of Tour Operators (IATO) - Capt. C.P. Krishnan Nair conferred Hall of Fame award. -Indian Hotel Academy - Nawab Dilaweez Hasan, Senior Training Manager awarded Outstanding Training Manager of the year, December 2012. -CNBC AWAAZ Travel Awards - MEGU awarded Best International Cuisine Restaurant, November 2012. -Robb Report USA - "Best of the Best" Hotel in the World, June 2012. 2013 -Hotelier India Awards 2013 - Rajesh Namby named F&B Manager of the Year Award, December 2013. -Robb Report, India - one of Best Hotels in the World, August 2013. -Delhi Gourmet Club - The Qube awarded Best Burger in Delhi, July 2013. -MEGU awarded Best Restro-Bar in Delhi and NCR, February 2013. -World Spa & Travel Magazine - Best City Hotel Worldwide, January 2013. 2014 -7th India Sommelier Championship 2014- Title of Remy-Martin Spirits Championship conferred upon Atul Tiwari from The Leela Palace New Delhi. -The Leela Palace New Delhi voted and featured among `Best Overseas Business Hotels. -Smart Travel Asia 2014 named The Leela Palace New Delhi amongst Top 25 Business Hotels in Asia, by, September 2014. -The Leela Palace New Delhi voted and featured among `Best Overseas Business Hotels' by Conde Nast Traveller UK Readers, October 2014. 2015 -The Leela Palaces, Hotels and Resorts has been internationally applauded for the fifth year running in UK's Cond‚ Nast Traveller Readers' Travel Awards 2015 -Travel and Hospitality Awards Rajiv Kaul awarded Most Outstanding Professional Award 2016 -The Leela Palace Udaipur Wins Top Accolades at Conde Nast Traveller India Readers Travel Awards 2016 -The Leela Palace New Delhi Voted as the `Best Hotel for Women Business Travellers in India'2016 In the Readers Choice Awards by Travel Leisure India and South Asia -The Leela Palaces Hotels and Resorts voted a Top Hotel Brand in Travel Leisure 2016 world's Best Awards -The Leela Palaces, Hotels and Resorts receives top rankings in Tripadvisor 2016 Travellers' Choice Awards -The Leela Palace New Delhi declared a winner at the first edition of Eazydiner Foodie Awards 2016. 2020 -Company name has changed to HLV Ltd. from Hotel Leela Venture Ltd.

1981 - Incorporated in 1981 to set up and operate 5-star hotels, Hotel Leela Venture entered into a collaboration with Penta Hotels, UK, which was subsequently transferred to Kempinski Hotels, a European chain of 5-star deluxe hotels, owned by Lufthansa, the German airline. - The Company entered into collaboration agreement with Penta Hotels Ltd. (Penta) for a period of 10 years for sales, marketing & technical know-how. - Penta also agreed to provide full marketing support to the hotel including selling of the hotel by the 3 airline partners of Penta viz. Lufthansa, Swissair & British Airways. - 20,02,939 shares to promoters, etc. and 4,27,580 shares without payment in cash to Lela Scotish Lace Pvt. Ltd. in January/February 1985, 20,69,481 shares were issued at par out of which 70,000 shares to NRI promoters for cash and 99,481 shares to C.K. Kutty (NRI) without payment in cash were reserved and allotted. - Out of the remaining 19,00,000 shares, 6,50,000 shares to NRIs on repatriation basis and 38,000 shares to business associates of the Company were reserved and allotted on a preferential basis. The balance 12,12,000 shares were offered for public subscription during February 1985 (all were taken up). 1986 - The company set up its first 5-star deluxe hotel, Leela Penta, in Bombay in 1986. It was renamed Leela Kempinski in 1988, following the change in its marketing and sales tie-up. It undertook an expansion of its hotel in Bombay by constructing a tower block comprising an additional 172 rooms, including suites. Simultaneously, it also undertook the construction of a new 5-star deluxe resort at Goa which was part-financed by a rights issue in Sep.'91. Consequent on the enhancement of facilities and upgradation of standards, aggregate cost escalated and the financing for the project had to be revised due to which the company came out with a rights NCDs issue with detachable warrants aggregating Rs 49.09 crores in 1995. - 45,00,000 rights equity shares issued at par in prop. 1:1 during July/August. 1987 - The hotel de-linked itself with Penta & entered into technical, Sales, and Marketing agreement with Kempinski, hotel S-A Switzerland, a part of the Lufthanas Chains of hotel. - The Company undertook to set up a 5-star Deluxe Airport Hotel of international standards. - In view of the large scope for occupancy at the International Airport and in view of the acute shortage of hotel guest room, it was decided to increase the number of guest rooms from 205 to 282. It was also decided to add a large banquet hall and conference rooms to the facilities. - The hotel was assigned a 5 star deluxe status during the year. In recognition of this rating, the collaborators, Penta Hotels, Ltd. assigned the technical sales and marketing agreement in favour of Kempinski hotels, S.A., Switzerland, both groups being in the Lufthansa system of hotels. - The Leela Bombay, was conferred by the Government of India, Department of Tourism, the highest honour in the hospitality industry viz. the National Tourism Award for 1997-98 for outstanding performance in the five star deluxe category hotels in India. 1988 - It was proposed to expand the existing capacity by addition of another 192 rooms. - With effect from 15th October, the name of the hotel was changed to `The Leela Kempinski Bombay' in view of the assignment of the franchise agreement to Kempinski hotels from Penta hotels. - 28,00,000 No. of equity shares issued at par to Lela Scottish Lace Ltd. in conversion of their unsecured loans. - The Leela Palace, Goa has started its operation in Sep, 1998. The hotel has been upgraded to a world class beach resort and has been acclaimed as one of the finest resorts in the world. 1989 - During August, the Company offered 9,00,000-14% secured redeemable non-convertible debentures of Rs 100 each on `rights basis' in the proportion 1 deb.: 10 equity shares held. Only 10,429 debentures were taken up. The remaining 8,89,571 debentures devolved on the underwriters. - These debentures were to be redeemed at a premium of Rs 5 per debenture in three equal annual instalments of Rs 35 each on the expiry of 7th, 8th and 9th year from the date of allotment of debentures. - During August, 59,00,000 Rights shares issued at par in prop. 1:2. Additional 8,85,000 shares were allotted to retain oversubscription. Simultaneously, another 2,95,000 shares were issued at par to employees but only 500 shares taken up. The balance 2,94,500 shares were allowed to lapse. 1991 - In Sept. 92,92,750 rights shares issued at par in prop. 1:2. Additional 13,93,912 shares were allotted to retain oversubscription. Another 4,64,630 shares offered at par to employees but only 7,650 shares taken up. Out of the remaining 4,56,980 shares 4,50,000 shares taken up by financial institutions and the balance allowed to lapse. 1992 - The Company proposed to add 43 guest rooms at the Leela Beach, Goa. During the year, the Company concluded negotiations for purchase of a plot of land adjoining the hotel property at Mumbai for the construction of a new deluxe all suite hotel consisting of about 200 suites. 1993 - The Company commissioned 60 new rooms at the Leela Beach, Goa and set up a mini golf course of 9 holes. - The Hotel has opened a spectacular entertainment outlet, viz., `Cyclone-The Club'. 1994 - The Company had issued Warrants to its promoters including friends and associates on preferential basis. On conversion of the said Warrants, on 9th November, 30 lakh equity share were allotted at a premium of Rs 128.14 per share. - A MOU was entered into with Four Seasons Hotels & Resorts a international chain of hotels to operate the Leela Palace Bombay at Andheri Kurla Road. 1995 - The company proposed to enter into business of full fledged money changers and allied activities. 1996 - The Company allotted 30,00,000 CCP of Rs 100 each. - The Leela Beach Goa underwent upgradation and refurbishment as per recommendations of Four Season Hotels & Resorts which would be marketing and operating the resort. - The Company also initiated steps to set up a `5' star deluxe hotel at Bangalore with Four Seasons Hotels & Resorts. - The Company entered into a management agreement with Four Season Hotels, Canada, for management of Company's hotels and resorts at Mumbai, Goa and Bangalore. - The Company proposed to change its object clause which, the Company was authorised to carry on the business of power generation and allied activities and dealing in foreign Exchange and to act as money changers. - 1,00,000 - 16% CCP of Rs 100 and 29,00,000 - 17% CCP of Rs 100 issued on private placement basis. 1997 - The company undertook to set up a beach resort consisting of 300 villas at Goa. Technical services and sales and marketing agreement was signed with Kempinski hotels S.A. for the project. - Hotel Leela Venture Limited, incorporated in 1981, to set up and operate 5-star hotels, entered into a collaboration with Penta Hotels of UK which was subsequently transferred to Kempinski Hotels, a European chain of 5-star deluxe hotels, owned by Lufthansa, the German airline. - The company set up its first 5-star deluxe hotel, Leela Penta, in Mumbai in 1986. - Hotel Leelaventure had signed a 30 year lease agreement with AAI in February 1996 for 11,000 sq mts of land for expansion of its hotel by 150 rooms. - HLV will be setting up hotels in the five star deluxe category at Bangalore, Delhi, Mumbai and Goa. - The company has also set up a subsidiary company, Leela Hotels Ltd., which will promote two greenfield projects. 1998 - Investment Information and Credit Rating Agency (ICRA) has placed the non-convertible debenture and fixed deposit programmes of Hotel Leelaventure Ltd. under rating watch. - The company's Rs 49.1-crore fixed deposit (FD) programme with a current rating of MAA minus has also suffered the same fate. 1999 - The five star hotel project has been undertaken by the 100 per cent subsidiary of Leela Hotels Ltd (LHL) on a controversial plot the same plot was allotted earlier to MS Shoes East Ltd. - Leela Hotels Ltd, a subsidiary of Hotel Leelventure Ltd, was awarded an interim relief the Delhi High Court after Leela sought legal redressal. - Leelaventure is spreading its wings and has set eyes to build a hotel in the scenic backwaters of Kerala. - The lease agreement with LSLL makes it paramount for the company to get a commercial complex built on the land with an area of 15,000 square meters. 2000 - The Company has allotted balance 80,47,4000 No. of equity shares to the promoters of the company viz., Leela Scottish Lace Ltd. - The Company appointed a Dr. K. U. Mada as the Director and Mr Venu Krishnana as an Executive Director effective from 29th January. - Mr. M. Narasimhan has resigned as the Director effective from September 20. - The Company issued 15630000 Equity shares of Rs 10/- each at a premium of Rs 21 per share to the promoters of the Company, M/s Leela Scottish Lace Limited on 6th April, 2000 on fully paid basis. 2001 - Hotel Leelaventure is setting up a five-star deluxe resort property in the Kannur district of Kerala state. The 100-room property would be developed by its wholly-owned subsidiary, Vision Hotels, and would be completed by the end of 2001. The 300-room Bangalore five-star hotel had a soft launch on 15th July, 2001. In the first phase , 77 guest rooms are expected to be in commercial operation from August, 2001 and the rest of the rooms with full compliment of facilities are expected to be progressively completed by the end of 2001. - During the year 2001, the company also formed an arrangement for a joint venture to develop a large commercial complex on the land of Andheri-Kurla road, Mumbai. 2002 -Dr. Gunter resigns as director of the company -Board approves the proposal for amalgamation/merger of Leela Hotels witn Hotel Leelaventure 2003 -Ties up with General Hotel Management (GHM) Singapore, the holding company of Aman Resorts, for its Goa property -Board approves voluntary delisting from Ahmedabad, Bangalore, Cochin, Delhi and Mangalore Stock Exchanges -Board approves allotment of Non Cumulative Redeemable Preference Shares (NCRPS) of Rs 317.50 million to the Holding Company, Leela Scottish Lace Pvt Ltd. 2004 - Delisting of the equity shares of the Company from Ahmedabad, Bangalore, Cochin, Delhi and Mangalore Stock Exchanges. 2006 -Hotel Leela Venture Ltd. has appointed Mr. V.L. Ganesh as the Chief Financial Officer of the Company with effect from November 01, 2006. -Company has splits its Face value of Shares from Rs 10 to Rs 2 2007 - Hotel Leelaventure - Issue of Foreign Currency Convertible Bonds. - Hotel Leelaventure wins Bid for Hotel plot in South Delhi for Rs 611 Crores. 2008 - Mr. V L Ganesh, Chief Financial Officer of the Company has been inducted in the Board as Director Finance and Chief Financial Officer. - "The Company had issued Foreign Currency Convertible Bonds (FCCB) aggregating US $ 100,000,000. 2010 - Hotel Leela - Board recommends Dividend. 2011 - Mr. Krishna Deshika, who had joined the Company as Chief Financial Officer, has now been appointed as an Additional Director and elevated to the position of Director - Finance & CFO. - Company has executed a Joint Development Agreement with Prestige Estates Projects Ltd. 2012 -The Indian Association of Tour Operators (IATO) - Capt. C.P. Krishnan Nair conferred Hall of Fame award. -Indian Hotel Academy - Nawab Dilaweez Hasan, Senior Training Manager awarded Outstanding Training Manager of the year, December 2012. -CNBC AWAAZ Travel Awards - MEGU awarded Best International Cuisine Restaurant, November 2012. -Robb Report USA - "Best of the Best" Hotel in the World, June 2012. 2013 -Hotelier India Awards 2013 - Rajesh Namby named F&B Manager of the Year Award, December 2013. -Robb Report, India - one of Best Hotels in the World, August 2013. -Delhi Gourmet Club - The Qube awarded Best Burger in Delhi, July 2013. -MEGU awarded Best Restro-Bar in Delhi and NCR, February 2013. -World Spa & Travel Magazine - Best City Hotel Worldwide, January 2013. 2014 -7th India Sommelier Championship 2014- Title of Remy-Martin Spirits Championship conferred upon Atul Tiwari from The Leela Palace New Delhi. -The Leela Palace New Delhi voted and featured among `Best Overseas Business Hotels. -Smart Travel Asia 2014 named The Leela Palace New Delhi amongst Top 25 Business Hotels in Asia, by, September 2014. -The Leela Palace New Delhi voted and featured among `Best Overseas Business Hotels' by Conde Nast Traveller UK Readers, October 2014. 2015 -The Leela Palaces, Hotels and Resorts has been internationally applauded for the fifth year running in UK's Cond‚ Nast Traveller Readers' Travel Awards 2015 -Travel and Hospitality Awards Rajiv Kaul awarded Most Outstanding Professional Award 2016 -The Leela Palace Udaipur Wins Top Accolades at Conde Nast Traveller India Readers Travel Awards 2016 -The Leela Palace New Delhi Voted as the `Best Hotel for Women Business Travellers in India'2016 In the Readers Choice Awards by Travel Leisure India and South Asia -The Leela Palaces Hotels and Resorts voted a Top Hotel Brand in Travel Leisure 2016 world's Best Awards -The Leela Palaces, Hotels and Resorts receives top rankings in Tripadvisor 2016 Travellers' Choice Awards -The Leela Palace New Delhi declared a winner at the first edition of Eazydiner Foodie Awards 2016. 2020 -Company name has changed to HLV Ltd. from Hotel Leela Venture Ltd.

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Parent Organisation

HLV Ltd.

Founded

20/03/1981

Managing Director

Mr.Vivek Nair

NSE Symbol

HLVLTDEQ

FAQ

The current price of HLV Ltd is ₹ 12.38.

The 52-week high for HLV Ltd is ₹ 12.80 and the 52-week low is ₹ 12.35.

The market capitalization of HLV Ltd is currently ₹ 816.16. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy HLV Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in HLV Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase HLV Ltd shares.

The CEO of HLV Ltd is Mr.Vivek Nair, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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