About TGB Banquets :
Founded: 1989
Headquarters: India
Number of employees: 115 (2023)
TGB Banquets & Hotels Ltd (TGB) is an Indian company that operates hotels, restaurants, and banquets, and also provides catering services. The company is known for its food and hospitality, and also operates outdoor catering. TGB’s business model is divided into three parts: outdoor catering, managing hospitality properties, and self-owned banquet hotels. The company operates across India and abroad, and also manages clubs and institutions, such as Karnavati club, Rajpath club, and Patang. TGB owns and manages a four-star category hotel in Ahmedabad, and also has a chain of hotels known as The Grand Bhagwati, also known as TGB in India.
TGB was incorporated in Ahmedabad on November 1, 1999 as a private limited company under the name Bhagwati Banquets Pvt Ltd. The company’s visionary entrepreneur, Narendra Somani, founded the Bhagwati Group in 1989.
TGB derives revenue from rooms, food and beverages, and allied services relating to hotel operations. The Grand Bhagwati is known for its excellent food, distinguished hospitality, magnificent banquet space, and outdoor catering segment across India.
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* About company information is from various sources on the internet ( March 2024 ).
Please verify the official website of company for the latest updated information.
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TGB Banquets share price is Rs 16.85 INR as on 10-04-2024, Up ▲ 9.42%. 167.43k shares traded. (Mcap approx: 50 Crores). The stock is up ▲ 7.7% in 7 days, up ▲ 14.6% in 1 month and down ▼ -0.6% in 2 months.
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TGB Banquets Results Dec 2023 (Standalone_YoY) revenue elevated to 11 crores up 22% in Dec 2023 quarter, compared with 9 crores in Dec 2022. Its Net profit is 1 crores down 0% in Dec 2023 quarter, compared with 1 crores in last year same quarter. Please click Image for Daily Data and Results of the stock.
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