Chazing Purple Solutions Private Limited
About Chazing Purple Solutions Private Limited
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Chazing Purple Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 05 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2019PTC129292. Its GSTIN is 29AAICC4666R1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Masood Ali Maseeha and Shakthi Satish Nair.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 7 1st Crs Rachenahalli Manyata Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹54.41 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹44.66 Lakh (net margin -82.1%) and EBITDA of -₹44.61 Lakh (EBITDA margin -82%). Revenue has grown at a compounded annual rate (CAGR) of 260% over three years.
Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
Company details
Contact details
Chazing Purple Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressShri Nidhi Complex No. 106/1 Shop #7 1st Crs Rachenahalli Manyata Tech Park Back Gat, E 5, Bangalore, Karnataka, India – 560077
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Chazing Purple Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Chazing Purple Solutions is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Chazing Purple Solutions Private Limited, buy the company report.
Financials of Chazing Purple Solutions Private Limited
FY 2023 filings availableChazing Purple Solutions Private Limited reported revenue of ₹54.41 Lakh (up 179% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 260% over three years, including 179% growth in the latest year. EBITDA fell 230% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹44.61 Lakh | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹44.66 Lakh | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -82% | |||
| Net Profit Margin | -82.1% | |||
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To see the full financial statements and ratios of Chazing Purple Solutions Private Limited, buy the company report.
Board of directors of Chazing Purple Solutions Private Limited
Chazing Purple Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venugopal Chitradurga Bhimakumar Also directs: Attiva Tech Private Limited | Additional Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Masood Ali Maseeha Also directs: Ali Estate Solutions LLP, Hibiki Estates Private Limited | Director | 05 Nov 2019 | 6 Years 11 Months | Current |
| Shakthi Satish Nair | Director | 05 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Chazing Purple Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Regal Crest Hospitalities Private Limited | ₹54.46 Lakh (FY 2025) | -19.0% | Thodupuzha, Kerala, India | |||
| Aarambh Hotels Private Limited | ₹54.45 Lakh (FY 2025) | 51.0% | Surat, Gujarat, India | |||
| Sahasra Hotels Private Limited | ₹54.43 Lakh (FY 2017) | -6.0% | Hyderabad, Telangana, India | |||
| Chazing Purple Solutions Private Limitedthis company | ₹54.41 Lakh (FY 2023) | -₹44.66 Lakh | -82.1% | 179.0% | Bangalore, Karnataka, India | |
| Vishram Hotels and Tourism Private Limited | ₹54.33 Lakh (FY 2024) | -11.0% | Ernakulam, Kerala, India | |||
| Western India Inns and Resorts Limited | ₹54.3 Lakh (FY 2024) | -77.0% | Anand, Gujarat, India |
To see the full peer comparison of Chazing Purple Solutions Private Limited, buy the company report.
Legal cases
Chazing Purple Solutions Private Limited has 4 court cases on record: 4 filed by Chazing Purple Solutions. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| High Court, KARNATAKA | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against an individual | Disposed |
To see the full case history of Chazing Purple Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chazing Purple Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chazing Purple Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC4666R1ZP | Karnataka | Active | 03 Dec 2019 |
To see the full GST registrations and return filing status of Chazing Purple Solutions Private Limited, buy the company report.
Recent activity
Chazing Purple Solutions Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Venugopal Chitradurga Bhimakumar was appointed as Additional Director on 04 Jul 2022.
Frequently asked questions
Chazing Purple Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 05 November 2019 (7+ years old) and is registered under CIN U55101KA2019PTC129292.
Chazing Purple Solutions has 3 current directors:
- Venugopal Chitradurga Bhimakumar - Additional Director
- Masood Ali Maseeha - Director
- Shakthi Satish Nair - Director
The latest financial statements of Chazing Purple Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Chazing Purple Solutions is 29AAICC4666R1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Chazing Purple Solutions is U55101KA2019PTC129292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chazing Purple Solutions has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the district courts.
Chazing Purple Solutions was incorporated on 05 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Chazing Purple Solutions by revenue are Regal Crest Hospitalities Private Limited, Aarambh Hotels Private Limited, Sahasra Hotels Private Limited, Vishram Hotels and Tourism Private Limited, Western India Inns and Resorts Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Venugopal Chitradurga Bhimakumar was appointed as Additional Director on 04 Jul 2022. Masood Ali Maseeha was appointed as Director on 05 Nov 2019. Shakthi Satish Nair was appointed as Director on 05 Nov 2019.
The registered office of Chazing Purple Solutions is at Shri Nidhi Complex No. 1061 Shop #7 1st Crs Rachenahalli Manyata Tech Park Back Gat, E 5, Bangalore, Karnataka, India – 560077.
Chazing Purple Solutions operates in the travel and hospitality industry, in the hotel and accommodation services segment.