About Pass Code Hospitality Private Limited
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Pass Code Hospitality Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 30 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55101DL2012PTC235015. Its GSTIN is 07AAGCP5734M1ZZ (Delhi). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Rakshay Dhariwal (Managing Director) and Rashmi Dhariwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – 8 First Floor, Hauz Khas Market, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.34 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹38.18 Lakh (net margin -0.5%) and EBITDA of ₹2.69 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 55% over five years.
The company has about 222 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pass Code Hospitality. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in July 2021. Its 3 peer companies in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.) are compared by revenue, 1 larger and 2 smaller; the largest is Total Environment Hospitality Private Limited with revenue of ₹75.05 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website passcodehospitality.com.
Company details
Contact details
Pass Code Hospitality Private Limited's registered office is in New Delhi, Delhi. Its website is passcodehospitality.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 8 First Floor, Hauz Khas Market, New Delhi, Delhi, India – 110016
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Pass Code 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
Brands
Pass Code Hospitality operates one associated brand: Pass Code Hospitality. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates restaurants, cafes, and hospitality services across multiple Indian cities. | passcodehospitality.com |
Business activity
The main business activity of Pass Code 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 Pass Code Hospitality Private Limited, buy the company report.
Financials of Pass Code Hospitality Private Limited
FY 2025 filings availablePass Code Hospitality Private Limited reported revenue of ₹74.34 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 1% growth in the latest year. EBITDA fell 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.69 Cr | ||||
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| Net Profit (PAT) | -₹38.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | -0.5% | ||||
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To see the full financial statements and ratios of Pass Code Hospitality Private Limited, buy the company report.
Board of directors of Pass Code Hospitality Private Limited
Pass Code Hospitality has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Dhariwal Also directs: D and D Consulting LLP, Ginger House Museum Hotel LLP, Devyani International Limited and 5 more | Director | 30 Apr 2012 | 14 Years 6 Months | Current |
| Rakshay Dhariwal Also directs: Ascenti Tourista Private Limited, Inspired Emporio Salon Private Limited, Pco Restaurants LLP and 5 more | Managing Director | 30 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Pass Code Hospitality Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Total Environment Hospitality Private Limited | ₹75.05 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Pass Code Hospitality Private Limitedthis company | ₹74.34 Cr (FY 2025) | -₹38.18 Lakh | -0.5% | 1.0% | 222 | New Delhi, Delhi, India |
| Gigu Hospitality Private Limited | ₹73.74 Cr (FY 2024) | -15.0% | Bangalore, Karnataka, India | |||
| Resort Rio Hotels Private Limited | ₹73.58 Cr (FY 2025) | 208.0% | Arpora, Goa, India |
To see the full peer comparison of Pass Code Hospitality Private Limited, buy the company report.
Auditor
Pass Code Hospitality Private Limited is audited by GOEL MINTRI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOEL MINTRI AND ASSOCIATES | FY 2023 | 013211N |
Shareholding
The shareholding of Pass Code Hospitality Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pass Code Hospitality Private Limited, buy the company report.
Deals & funding
Pass Code Hospitality Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in July 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Funding round | ₹99 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pass Code Hospitality Private Limited has 5 court cases on record: 3 filed by Pass Code Hospitality, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Commercial suit | Filed against the company by Phonographic Performance Limited | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by Phonographic Performance Limited | Pending |
| High Court of Delhi | Court case (C.O.(COMM.IPD-CR)) | Filed by the company against Phonographic Performance Limited | Pending |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against Phonographic Performance Limited & Anr. | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Pass Code Hospitality 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 Pass Code Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pass Code Hospitality Private Limited has a workforce of 222 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 222 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Pass Code Hospitality Private Limited, buy the company report.
GST
Pass Code Hospitality has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCP5734M1ZZ | Delhi | Active | 01 Jul 2017 |
| 07AAGCP5734M2ZY | Delhi | Active | 02 Jun 2018 |
| 30AAGCP5734M1ZA | Goa | Active | 01 Oct 2019 |
| 36AAGCP5734M1ZY | Telangana | Active | 12 Dec 2019 |
To see the full GST registrations and return filing status of Pass Code Hospitality Private Limited, buy the company report.
Recent activity
Pass Code Hospitality Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Rakshay Dhariwal ceased to be Director on 01 Mar 2019.
Frequently asked questions
Pass Code Hospitality is an active private limited company based in New Delhi, Delhi, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 30 April 2012 (14+ years old) and is registered under CIN U55101DL2012PTC235015.
Pass Code Hospitality has 2 current directors:
- Rakshay Dhariwal - Managing Director
- Rashmi Dhariwal - Director
The latest financial statements of Pass Code Hospitality on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pass Code Hospitality is 07AAGCP5734M1ZZ, registered in Delhi. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 07AAGCP5734M2ZY (Delhi), 30AAGCP5734M1ZA (Goa), 36AAGCP5734M1ZY (Telangana).
The CIN (Corporate Identification Number) of Pass Code Hospitality is U55101DL2012PTC235015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pass Code Hospitality has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Pass Code Hospitality was incorporated on 30 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Pass Code Hospitality has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in July 2021.
The peers of Pass Code Hospitality by revenue are Total Environment Hospitality Private Limited, Gigu Hospitality Private Limited, Resort Rio Hotels Private Limited, all in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Rakshay Dhariwal ceased to be Director on 01 Mar 2019. Rakshay Dhariwal was appointed as Managing Director on 30 Apr 2012. Rashmi Dhariwal was appointed as Director on 30 Apr 2012.
Pass Code Hospitality can be reached through the website passcodehospitality.com. Its registered office is in New Delhi, Delhi, India.
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