
Utopian Options (India) Private Limited
About Utopian Options (India) Private Limited
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Utopian Options (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hostel segment of the tourism and accommodation sector. It was incorporated on 17 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2001PTC132017. Its GSTIN is 27AAACU5535D1ZI (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹23.9 Lakh. It is led by directors including Bharati Pawar and Devavrat Mahipati Rao Pawar.
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 F – 107 Tarapore Gardensoshiwara Andhri (W), Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.69 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.04 Lakh (net margin -245.3%) and EBITDA of -₹6.93 Lakh (EBITDA margin -188%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 28% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Utopian Options (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 107 Tarapore Gardensoshiwara Andhri (W), Mumbai, Maharashtra, India – 400058
- IndustryTourism And Accommodation, Hostel, Holiday Homes, Resorts, Inns, Accommodation Services By Hotel
To see the full contact details of Utopian Options (India) 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 Utopian Options (India) is accommodation and food service activities. In detail, this covers accommodation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation |
To see the full business activity and turnover split of Utopian Options (India) Private Limited, buy the company report.
Financials of Utopian Options (India) Private Limited
FY 2025 filings availableUtopian Options (India) Private Limited reported revenue of ₹3.69 Lakh (up 14753% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years. EBITDA rose 40% 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 | -₹6.93 Lakh | ||||
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| Net Profit (PAT) | -₹9.04 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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| Profitability | |||||
| EBITDA Margin | -188% | ||||
| Net Profit Margin | -245.3% | ||||
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To see the full financial statements and ratios of Utopian Options (India) Private Limited, buy the company report.
Board of directors of Utopian Options (India) Private Limited
Utopian Options (India) has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharati Pawar Also directs: Shivmudra Aquacultures Private Limited | Director | 15 Sep 2018 | 8 Years 1 Months | Current |
| Devavrat Mahipati Rao Pawar Also directs: Shivmudra Aquacultures Private Limited | Director | 16 Dec 2024 | 1 Years 10 Months | Current |
| Mahipati Narsingh Rao Pawar Also directs: Shivmudra Aquacultures Private Limited | Director | 17 May 2001 | 25 Years 5 Months | Current |
| Dosu Ardeshir Bhiwandiwala Also directs: Ark Royale Agencies Private Limited | Director | 10 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Utopian Options (India) Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ranju's Holiday Home (OPC) Private Limited | ₹3.7 Lakh (FY 2025) | -28.0% | Mysore, Karnataka, India | |||
| Mausam Hotels Private Limited | ₹3.69 Lakh (FY 2025) | 5.0% | Kalyan, Maharashtra, India | |||
| Serenics Private Limited | ₹3.69 Lakh (FY 2025) | 154.0% | Mumbai, Maharashtra, India | |||
| Utopian Options (India) Private Limitedthis company | ₹3.69 Lakh (FY 2024) | -₹9.04 Lakh | -245.3% | 14753.0% | Mumbai, Maharashtra, India | |
| Skua World Hotels and Resorts Private Limited | ₹3.68 Lakh (FY 2025) | -96.0% | Bhinmal, Rajasthan, India |
To see the full peer comparison of Utopian Options (India) Private Limited, buy the company report.
Auditor
Utopian Options (India) Private Limited is audited by ROHIT RAJU & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHIT RAJU & ASSOCIATES | FY 2017 | 009151C |
Shareholding
The shareholding of Utopian Options (India) 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 Utopian Options (India) Private Limited, buy the company report.
Legal cases
Utopian Options (India) Private Limited has 1 court case on record: 1 filed by Utopian Options (India). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gwalior, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Disposed |
To see the full case history of Utopian Options (India) 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 Utopian Options (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Utopian Options (India) has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU5535D1ZI | Maharashtra | Active | 17 Aug 2019 |
To see the full GST registrations and return filing status of Utopian Options (India) Private Limited, buy the company report.
Recent activity
Utopian Options (India) Private Limited has 6 board changes on record since 2001: 4 appointments and 2 cessations. The latest: Devavrat Mahipati Rao Pawar was appointed as Director on 16 Dec 2024.
Frequently asked questions
Utopian Options (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in hostel, within the tourism and accommodation industry. It was incorporated on 17 May 2001 (25+ years old) and is registered under CIN U55101MH2001PTC132017.
Utopian Options (India) has 4 current directors:
- Bharati Pawar - Director
- Devavrat Mahipati Rao Pawar - Director
- Mahipati Narsingh Rao Pawar - Director
- Dosu Ardeshir Bhiwandiwala - Director
The latest financial statements of Utopian Options (India) 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 Utopian Options (India) is 27AAACU5535D1ZI, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Utopian Options (India) is U55101MH2001PTC132017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utopian Options (India) has 1 court case on record: 1 filed by the company.
Utopian Options (India) was incorporated on 17 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Utopian Options (India) by revenue are Ranju's Holiday Home (OPC) Private Limited, Mausam Hotels Private Limited, Serenics Private Limited, Skua World Hotels and Resorts Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation).
Devavrat Mahipati Rao Pawar was appointed as Director on 16 Dec 2024. Neville Dosu Bhiwandiwalla ceased to be Director on 16 Dec 2024. Amar Singh Pawar ceased to be Director on 14 Jan 2019. Utopian Options (India) has 6 board changes on record in total.
The registered office of Utopian Options (India) is at F – 107 Tarapore Gardensoshiwara Andhri W, Mumbai, Maharashtra, India – 400058.
Utopian Options (India) operates in the tourism and accommodation industry, in the hostel segment.