TGB Banquets & Hotels Limited, originally established as Bhagwati Banquets Pvt Ltd in 1999, is a publicly-listed company on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) since May 2007. Specializing in restaurant, banquet, and hotel services, the company operates 'The Grand Bhagwati,' a three-star deluxe hotel in Ahmedabad. The hotel, launched in 2002, features 37 rooms, a restaurant, and a coffee shop, with a strong focus on banqueting services, offering three banquet halls accommodating up to 5,400 guests across two shifts. The facility is equipped with air conditioning, a large lounge, and ample parking to support its banquet operations.
In 2006, TGB Banquets & Hotels expanded through the acquisition of Lov Kush Properties Pvt Ltd, making it a wholly-owned subsidiary. The company raised Rs. 92 Crores through its Initial Public Offering (IPO) in 2007, highlighting its growth and commitment to enhancing its hospitality offerings.
