- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0038112

Payyade Grand Hotels Private Limited
About Payyade Grand Hotels Private Limited
Data last updated:
Payyade Grand Hotels Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 26 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55204KA2013PTC070659. Its GSTIN is 29AAHCP4082D1ZC (Karnataka).
The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.03 Cr. It is led by directors including Deeksha Aditya Shetty and Divya Prada Shetty.
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 21 5th Cross Road Bommasandra Vidyanagar Hosur Road, Bengaluru, Karnataka, India – 560099.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.28 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹28.13 Lakh (net margin 3.9%) and EBITDA of ₹1.88 Cr (EBITDA margin 25.8%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 31% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Payyade Hotels.
Payyade Grand Hotels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0038112). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Payyade Grand Hotels
Contact details
Payyade Grand Hotels Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address21 5th Cross Road Bommasandra Vidyanagar Hosur Road, Bengaluru, Karnataka, India – 560099
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Payyade Grand 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
Brands
Payyade Grand Hotels operates one associated brand: Payyade Hotels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform for booking hotels, rentals, villas, and stays in Mumbai for travelers. | payyadehotels.com |
Business activity
The main business activity of Payyade Grand Hotels 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 Payyade Grand Hotels Private Limited, buy the company report.
Financials of Payyade Grand Hotels Private Limited
FY 2025 filings availablePayyade Grand Hotels Private Limited reported revenue of ₹7.28 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 4% growth in the latest year. EBITDA fell 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.88 Cr | ||||
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| Net Profit (PAT) | ₹28.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 25.8% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Payyade Grand Hotels Private Limited, buy the company report.
Board of directors of Payyade Grand Hotels Private Limited
Payyade Grand Hotels has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deeksha Aditya Shetty | Director | 29 Mar 2014 | 12 Years 7 Months | Current |
| Divya Prada Shetty | Director | 29 Mar 2014 | 12 Years 7 Months | Current |
| Prada Sadhu Shetty | Director | 29 Mar 2014 | 12 Years 7 Months | Current |
| Padmanabha Sheena Payyade | Director | 26 Aug 2013 | 13 Years 2 Months | Current |
| Malini Padmanasha Payyade | Director | 26 Aug 2013 | 13 Years 2 Months | Current |
| Aditya Raghunath Shetty | Director | 29 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Payyade Grand Hotels Private Limited is audited by S B S K & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B S K & Associates | FY 2022 | 111959W |
Shareholding
The shareholding of Payyade Grand Hotels Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Payyade Grand Hotels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Payyade Grand Hotels 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 Payyade Grand Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Payyade Grand Hotels Private Limited has a workforce of 13 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Payyade Grand Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP4082D1ZC | Karnataka | Active | 06 Sep 2017 |
To see the full GST registrations and return filing status of Payyade Grand Hotels Private Limited, buy the company report.
Recent activity
Payyade Grand Hotels Private Limited has 6 board changes on record since 2013: 6 appointments. The latest: Aditya Raghunath Shetty was appointed as Director on 29 Mar 2014.
Frequently asked questions
Payyade Grand Hotels is an active private limited company based in Bengaluru, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 26 August 2013 (13+ years old) and is registered under CIN U55204KA2013PTC070659.
Payyade Grand Hotels has 6 current directors:
- Deeksha Aditya Shetty - Director
- Divya Prada Shetty - Director
- Prada Sadhu Shetty - Director
- Padmanabha Sheena Payyade - Director
- Malini Padmanasha Payyade - Director
- Aditya Raghunath Shetty - Director
The latest financial statements of Payyade Grand Hotels 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 Payyade Grand Hotels is 29AAHCP4082D1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Payyade Grand Hotels is U55204KA2013PTC070659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payyade Grand Hotels was incorporated on 26 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Aditya Raghunath Shetty was appointed as Director on 29 Mar 2014. Deeksha Aditya Shetty was appointed as Director on 29 Mar 2014. Divya Prada Shetty was appointed as Director on 29 Mar 2014. Payyade Grand Hotels has 6 board changes on record in total.
Yes, Payyade Grand Hotels is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0038112).
The registered office of Payyade Grand Hotels is at 21 5th Cross Road Bommasandra Vidyanagar Hosur Road, Bengaluru, Karnataka, India – 560099.
Payyade Grand Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.

