Midp Hospitality Private Limited
About Midp Hospitality Private Limited
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Midp Hospitality Private Limited is a private limited company based in Chandigarh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 04 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55101CH2013PTC034525. Its GSTIN is 29AAICM7222P2ZS (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.25 Lakh. It is led by directors Aruj Garg and Sonia Sharma.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at House No. 3145 Sector 20D, Chandigarh, India – 160019.
As per the financials filed for FY 2019, the company reported a revenue of ₹16.96 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹17.42 Lakh (net margin -102.7%) and EBITDA of -₹13.33 Lakh (EBITDA margin -78.6%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹1.05 Cr; the latest was in January 2017.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Midp Hospitality Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No. 3145 Sector 20D, Chandigarh, India – 160019
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Midp Hospitality 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 Midp Hospitality is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Midp Hospitality Private Limited, buy the company report.
Financials of Midp Hospitality Private Limited
FY 2019 filings availableMidp Hospitality Private Limited reported revenue of ₹16.96 Lakh (down 72% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over three years, including a 72% fall in the latest year. EBITDA rose 69% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹13.33 Lakh | ||||
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| Net Profit (PAT) | -₹17.42 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -78.6% | ||||
| Net Profit Margin | -102.7% | ||||
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To see the full financial statements and ratios of Midp Hospitality Private Limited, buy the company report.
Board of directors of Midp Hospitality Private Limited
Midp Hospitality has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aruj Garg | Director | 04 Jun 2013 | 13 Years 5 Months | Current |
| Sonia Sharma Also directs: Healthzingo Solutions Private Limited | Director | 03 Jul 2017 | 9 Years 4 Months | Current |
Auditor
Midp Hospitality Private Limited is audited by PREM GARG & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PREM GARG & ASSOCIATES | FY 2016 | 014440N |
Shareholding
The shareholding of Midp Hospitality Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Midp Hospitality Private Limited, buy the company report.
Deals & funding
Midp Hospitality Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹1.05 Cr; the latest was in January 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Funding round | ₹15 Lakh | Investors: an individual |
| Sep 2015 | Funding round | ₹70 Lakh | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹20.1 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Midp Hospitality Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midp Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Midp Hospitality Private Limited has a workforce of 1 employees on its EPFO records as of Jul 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 1 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Midp Hospitality Private Limited, buy the company report.
GST
Midp Hospitality has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICM7222P2ZS | Karnataka | Active | 09 Oct 2017 |
To see the full GST registrations and return filing status of Midp Hospitality Private Limited, buy the company report.
Recent activity
Midp Hospitality Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Monica Garg ceased to be Director on 05 Jul 2018.
Frequently asked questions
Midp Hospitality is an active private limited company based in Chandigarh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 04 June 2013 (13+ years old) and is registered under CIN U55101CH2013PTC034525.
Midp Hospitality has 2 current directors:
- Aruj Garg - Director
- Sonia Sharma - Director
The latest financial statements of Midp Hospitality on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Midp Hospitality is 29AAICM7222P2ZS, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Midp Hospitality is U55101CH2013PTC034525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midp Hospitality was incorporated on 04 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chandigarh.
Midp Hospitality has 3 deals on record (3 funding rounds), with disclosed funding of ₹1.05 Cr; the latest was in January 2017.
Monica Garg ceased to be Director on 05 Jul 2018. Sonia Sharma was appointed as Director on 03 Jul 2017. Ankur Singla ceased to be Director on 25 Jul 2016. Midp Hospitality has 5 board changes on record in total.
The registered office of Midp Hospitality is at House No. 3145 Sector 20D, Chandigarh, India – 160019.
Midp Hospitality operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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