Founded in: 1984
Managing director: P D Shah
Jindal Hotels Limited (JHL) incorporated on May 04, 1984 was promoted by Hasmukh R Shah and Associates. The Company is engaged in business of operating 3 star category Hotel, Grand Mercure Vadodara Surya Palace and Restaurant, Azure Restaurant. It is one of the leading business hotel in Vadodara City with 146 Guest Rooms, 6 large and medium Banquet halls, Board Room, Restaurant, Swimming Pool, Health Club, Liquor shop and many other amenities. Many reputed MNCs, Corporate, PSUs, Private sector units etc. are major customers of the Company since long.In 1995, Jindal Hotels developed new sites in natural environments within 100 km of the city, the company made a right issue of 1762500 equity shares at par. The project is also being partfinanced through internal accruals. The hotel caters mainly to business executives with a minimum stay of two days.During 199596, the company expanded its capacity by 40 rooms and also upgraded its existing facilities. The room capacity expansion project was completed on 28.02.2003. The Company completed its expansion upgradation project, which reached 115 rooms by April 2009. It launched the Ball Room largest Banquet Hall in Vadodara in November, 2012. The Renovation of Rooms Project for existing Hotel Building got completed in October 2013 . And thereafter, the count of guest rooms reached to 132. Further in FY 201617, Company completed the expansion project and Renovation of Rooms Project for existing Hotel Building. Since June 2017, Jindal Group Company was managed and operated by the ACCOR Group of Hotels, an international company operating 5300 properties under various brands such as Grand Mercure, Raffles, Fairmont, Pullman, Sofitel, Novotel and Ibis in India.During the year 2023, 166 new hotels with 14,885 rooms were signed, while 90 hotels with 5,702 rooms were rebranded. The Company has embarked upon a comprehensive development project for construction of 13 supplementary luxury guest rooms to expand the existing accommodation facilities in FY 24. Besides the expansion project, it has undertaken a meticulous renovation of its banquet hall, the Royal Room during the year 2024.
As of 02 Sep, 2025, Jindal Hotels share price is ₹83.5. The stock opened at ₹84.8 and had closed at ₹83 the previous day. During today’s trading session, Jindal Hotels share price moved between ₹81.70 and ₹84.80, with an average price for the day of ₹83.25. Over the last 52 weeks, the stock has recorded a low of ₹80.00 and a high of ₹124.75. In terms of performance, Jindal Hotels share price has declined by 6.1% over the past six months and has declined by 32.41% over the last year.
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