Incorporated in 1959, Graviss Hospitality Limited, formerly known G L Hotels Limited is the owner of the Nataraj Hotel in South Mumbai. It is engaged in the hospitality business having one hotel in the name of Inter-Continental at Marine Drive, Mumbai. The name of the Company was changed from 'G L Hotels Limited' to 'Graviss Hospitality Limited' as per the fresh certificate of incorporation issued by the Registrar of Companies, Pune on 8 July 2008.
GLHL issued bonus shares in 1970 in the ratio of 1:4. It offered 7 rights shares for every 6 shares held to Ghai Enterprises Pvt Ltd, share holders at the time of amalgamation. In 1994-95, the company diversified its activities by opening up ice-cream stores in Bombay selling ice-creams branded Baskin Robbins.
Reconstruction work of the Hotel Nataraj is progressing and structural work of the new building has been completed. Reconstruction of the hotel and Interior Designing work is in progress.
The company has entered into a catering agreement with M/s Kwality Frozen Food Pvt Ltd. It has entered into various strategic agreements with Inter-Continental Hotels Corporation USA.
In 2007, Mayfair Banquets Private Limited (MBPL) business was acquired by the Company through the Scheme of Arrangement and made effective from July 21, 2007. Further pursuant to the aforesaid Scheme, Leman International Private Limited, (the then subsidiary of MBPL, since merged with the Company), became subsidiary of the Company. In term of the Sc ...heme, 58,62,171 Equity shares of the Company were issued (in ratio of 53 Equity Shares of face value of Rs. 10 each credited as fully paid-up for every one equity share of Rs. 100 each fully paid-up held) to the members of erstwhile MBPL.
The Company acquired 10,000 equity shares, representing 100% of the total paid up capital and voting rights of Kwality Resorts and Hospitality Private Limited. Pursuant to the said investment, Kwality Resorts and Private Limited became the wholly owned subsidiary of the Company and thereafter, Kwality Resorts and Hospitality Private Limited was converted into Public Limited Company w.e.f. 29th June 2007. In 2008-09, the Company operationalized Mayfair Banquets at Bangalore, Gurgaon and Ahmedabad.
Company purchased 10,000 Equity Shares of Rs. 10/- each, constituting 100% equity share capital of Graviss Restaurants Private Limited, making Graviss Restaurants as its wholly owned subsidiary w.e.f. 01st April, 2024.
FAQs on Graviss Hospitality Ltd
1. Can I buy Graviss Hospitality Ltd from PL Capital? ›
Yes, you can invest in Graviss Hospitality Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Graviss Hospitality Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Graviss Hospitality Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Graviss Hospitality Ltd pay dividends? ›
Graviss Hospitality Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Graviss Hospitality Ltd ? ›
As of
06-Feb-2026 , 16:01:34 the share price for Graviss Hospitality Ltd. is ₹ 31 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Graviss Hospitality Ltd ? ›
The 52-week high and low of Graviss Hospitality Ltd share price is ₹ 28.51 - ₹ 51.9 as of
06-Feb-2026 , 16:01:34 .