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U P Hotels Ltd logo

U P Hotels Ltd

NSE: BSE: 509960

₹1479

(0.61%)

Mon, 23 Mar 2026, 11:06 am

Company History

1962

  • 5,000 preference shares were offered at par for public subscription in December 1961.

1963

  • 25,000 equity shares were issued for cash during the year.

1970

  • 1,65,000 equity shares were issued to shareholders, directors and employees.
  • 1,60,000 equity shares and 10,000 preference shares were offered to the public.

1973

  • 1,40,000 equity shares and 2,500 preference shares were issued.

1975

  • 3,99,000 right equity shares were issued at par in the ratio of 3:5.

1981

  • The Company was incorporated on 13th February at Kanpur for the hotel and restaurant business.

1985

  • The agreement with the Companies franchised hotel at Varnasi was renewed for a further period of 2 years.
  • The Company revalued its buildings at the Agra, Jaipur and Lucknow units.

1986

  • The agreement with the Company's franchised hotel at Varanasi was renewed for 2 years.
  • 4,36,000 equity shares were issued at par.

1989

  • Authorised capital was increased.
  • 12,00,000 bonus shares were issued in the ratio of 4:5.

1990

  • The Company's Jaipur hotel expanded its capacity and facilities.

1993

  • Construction work of the Khajuraho project was held up due to a technical fault.
  • 27,00,000 bonus equity shares were issued in the ratio of 1:1.

1994

  • The sales decreased marginally to Rs.19.71 crores due to the outbreak of plague.
  • The Government agreed in principle to the commencement of the Khajuraho project.
  • The Company entered into a collaboration agreement with Ramada International, USA.

2003

  • Shareholders approved the delisting of equity shares from Delhi and Kolkata Stock Exchanges.

2006

  • UP Hotels Ltd recommended a dividend of 10% i.e. Rs. 1 per equity share for the financial year.

2007

  • UP Hotels Ltd recommended a dividend of 20% i.e. Rs. 2 per equity share for the financial year.

2008

  • UP Hotels Ltd recommended a dividend of 100% i.e. Rs. 10 per equity share for the financial year.

2010

  • UP Hotels Ltd recommended a dividend of 40% i.e. Rs. 4 per equity share for the financial year.
  • Shri Apurv Kumar and Rupak Gupta were appointed as Joint Managing Directors.
  • Smt Supriya Gupta was appointed as Executive Director.

2011

  • UP Hotels Ltd recommended a dividend of 100% i.e. Rs. 10 per equity share for the financial year.

2012

  • UP Hotels Ltd recommended a dividend of 50% i.e. Rs. 5 per equity share for the financial year.

2013

  • UP Hotels Ltd gave bonus shares in the ratio of 1.55:1.
  • UP Hotels Ltd recommended a dividend of 50% i.e. Rs. 5 per equity share for the financial year.

2014

  • UP Hotels Ltd recommended a dividend of 35% i.e. Rs. 3.50 per equity share for the financial year.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800