About Iwe Hotels Private Limited
Data last updated:
Iwe Hotels Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 11 September 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2014PTC076327. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ragupathy Sri Ashok and Jaswant Jude Johnson.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at C.S.R.Signature Building 4th Main Maytri Layout, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.12 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹14.83 Lakh (net margin 7%) and EBITDA of ₹18.09 Lakh (EBITDA margin 8.5%).
Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The last known website on record is iwesuites.com.
Company details
Contact details
Iwe Hotels Private Limited's registered office is in Bangalore, Karnataka. Its website is iwesuites.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC.S.R.Signature Building 4th Main Maytri Layout, Bangalore, Karnataka, India – 560066
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Iwe Hotels 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 Iwe Hotels 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 Iwe Hotels Private Limited, buy the company report.
Financials of Iwe Hotels Private Limited
FY 2017 filings availableIwe Hotels Private Limited reported revenue of ₹2.12 Cr (up 30% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year. EBITDA rose 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.12 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹18.09 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹14.83 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.5% | ||
| Net Profit Margin | 7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Iwe Hotels Private Limited, buy the company report.
Board of directors of Iwe Hotels Private Limited
Iwe Hotels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ragupathy Sri Ashok | Director | 11 Sep 2014 | 12 Years 1 Months | As last reported |
| Jaswant Jude Johnson | Director | 15 Jan 2018 | 8 Years 9 Months | As last reported |
Peer comparison
Iwe Hotels 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 |
|---|---|---|---|---|---|---|
| Dolphin Terra Firma Private Limited | ₹2.13 Cr (FY 2024) | 4571.0% | Sarahan, Himachal Pradesh, India | |||
| Vijayratan Hotels and Resorts Private Limited | ₹2.13 Cr (FY 2025) | 159.0% | Udaipur, Rajasthan, India | |||
| Bharat Fortune Resorts Private Limited | ₹2.13 Cr (FY 2018) | 60.0% | New Delhi, Delhi, India | |||
| Iwe Hotels Private Limitedthis company | ₹2.12 Cr (FY 2017) | ₹14.83 Lakh | 7% | 30.0% | Bangalore, Karnataka, India | |
| Sirmour Retreat Private Limited | ₹2.12 Cr (FY 2025) | 9.0% | Sirmaur, Himachal Pradesh, India | |||
| Sun Grace Hotels Pvt Ltd | ₹2.12 Cr (FY 2025) | 5.0% | Mussoorie, Uttarakhand, India |
To see the full peer comparison of Iwe Hotels Private Limited, buy the company report.
Shareholding
The shareholding of Iwe Hotels Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Iwe Hotels Private Limited, buy the company report.
Legal cases
Iwe Hotels Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Neogrowth Credit Pvt Ltd | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Neo Growth Credit PTV. Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Deutsche Bank A.G,. Rep by Poa Holder Ajay Singh T S | Disposed |
To see the full case history of Iwe Hotels 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 Iwe Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iwe Hotels has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Iwe Hotels Private Limited, buy the company report.
Recent activity
Iwe Hotels Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Jaswant Jude Johnson was appointed as Director on 15 Jan 2018.
Frequently asked questions
Iwe Hotels has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Iwe Hotels was a private limited company based in Bangalore, Karnataka, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 11 September 2014 and is registered under CIN U55101KA2014PTC076327. The company has been struck off by the Registrar of Companies and is no longer operational.
Iwe Hotels had 2 directors:
- Ragupathy Sri Ashok - Director
- Jaswant Jude Johnson - Director
The CIN (Corporate Identification Number) of Iwe Hotels is U55101KA2014PTC076327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Iwe Hotels is at C.S.R.Signature Building 4th Main Maytri Layout, Bangalore, Karnataka, India – 560066.
Iwe Hotels was incorporated on 11 September 2014. It is registered with the Registrar of Companies, Bangalore.
Iwe Hotels can be reached through the website iwesuites.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Iwe Hotels on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Iwe Hotels has 2 GST registrations on record and all of them are cancelled or inactive.
Iwe Hotels operated in the travel and hospitality industry, in the hotel and accommodation services segment. It worked in this industry before it was struck off.
The peers of Iwe Hotels by revenue are Dolphin Terra Firma Private Limited, Vijayratan Hotels and Resorts Private Limited, Bharat Fortune Resorts Private Limited, Sirmour Retreat Private Limited, Sun Grace Hotels Pvt Ltd, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).