The company was originally incorporated as ‘P. K. Hospitality Services Private Limited’ on March 23, 2000, as a private limited company, in accordance with the provisions of the erstwhile Companies Act, 1956, pursuant to a certificate of incorporation dated issued by the Registrar of Companies, Maharashtra at Mumbai (RoC). Thereafter, the name of the company was changed to ‘PKH Ventures Private Limited’ pursuant to a special resolution passed by the shareholders of the company held on May 26, 2021 and a fresh certificate of incorporation dated June 10, 2021 was issued to the company by the RoC. Subsequently, the company was converted to a public limited company, pursuant to a special resolution passed by its shareholders at the extra ordinary general meeting held on August 7, 2021 and the name of the company was changed to ‘PKH Ventures Limited’ vide fresh certificate of incorporation dated August 20, 2021 was issued to the company by the RoC.
The company was established in the year 2000 by its dynamic and visionary chairman, Mr. Pravin Agarwal. Its journey started with providing varied services at various airports in India. It managed restaurants, bars, food stalls, lounges, parking spaces, ticket counters, etc at the airports. The company managed many airports in India. Due to reducing margins in the airport services business it decided to focus on setting up construction business, hotels and restaurants. It started with constructing its own hotels in Vasai (luxury hotel) & Andheri (boutique) and went on to execute multiple private and government construction projects from 2012 onwards.
It is in the business of Construction & Development, Hospitality and Management Services. It executes Civil Construction works for Third Party Developer projects. The company, post incorporation in the year 2000, was managing and operating restaurants, lounges, retail outlets, food stalls, bars, staff canteens and food supply at various airports across the country. The knowledge and experience of providing these services laid the foundation of its Hospitality vertical. The company developed hotels in Mumbai viz., Golden Chariot Vasai Hotel & Spa and Golden Chariot, The Boutique Hotel near Mumbai International Airport (Mumbai Hotels) and has been owning, managing and operating the Mumbai Hotels since FY 2015. It expanded its Hospitality operations into the restaurant space in Mumbai city by opening restaurants in the year 2013 under the brand name Golden Chariot and Balaji. Its Restaurant Casablanca at Sahara Star, Mumbai commenced operations in the year 2017. The QSR business under the brand name Zebra Crossing, Hardy’s Burger and Mumbai Salsa were also launched in the year 2017. In November 2021, the company extended its Hospitality offering by undertaking the management and operations of Juvana Resort and Spa, a luxury resort at Aamby Valley, Lonavala developed by Golden Chariot Retreats and Infra Private Limited, its Group company.
Business area of the company
The company is engaged in the business of Construction & Development, Hospitality and Management Services.
Awards, accreditations and recognition
- 2021: Accredited with ISO 45001: 2018 by AQSR
- 2021: Accredited with ISO 14001: 2015 by AQSR
- 2021: Accredited with ISO 9001: 2015 by AQSR
History and milestone
- 2000: Incorporation of the company.
- 2003: Awarded tender for airport entry ticket counters at Mumbai airport.
- 2008: Commenced toll collection operations at all entry points across Delhi in joint venture with third parties.
- 2009: Managing restaurants, bars, lounges, car parking, etc. at fifteen (15) airports in India.
- 2014: Makindian Township acquired the land and machinery at Amritsar from IARC.
- 2014: Completion of development of its first Mumbai Hotel i.e. Golden Chariot Vasai Hotel near Mumbai.
- 2015: Commencement of its 2nd Mumbai Hotel i.e. Golden Chariot, The Boutique Hotel, Andheri (East), Mumbai.
- 2016: Commencement of construction of Delhi Police Headquarters.
- 2019: Awarded the Nagpur Project.
- 2020: Awarded the Hydro Power Project.
- 2020: Acquisition of Garuda Construction as its Subsidiary.
- 2021: Completion of construction of Delhi Police Headquarters.
- 2022: Started managing and operating a fine dine restaurant, ‘Oriental Bistro’ and a coffee shop, ‘Buno & Kaffa’ at the Hub Mall, at Goregaon East, Mumbai.
- 2022: Awarded construction contract of a slum rehabilitation project at Borivali East, Mumbai.
- 2022: Entered into Joint Development Agreement with one of the civil construction company for the redevelopment of ‘Sharifa Mansion’ situated at Dadar-Matunga in central Mumbai.
- 2022: Won letter of award for development and operation & maintenance of Rajnagar Garhi Project, Pahadikhurd Project and Tara Resort Project in the state of Madhya Pradesh.