Adarsh Palace Private Limited
About Adarsh Palace Private Limited
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Adarsh Palace Private Limited is a private limited company based in Rourkela, Odisha, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 26 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U55200OR2007PTC009553. Its GSTIN is 21AAGCA8494D1ZS (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.8 Lakh. It is led by directors including Vijay Prasad and Amit Prasad.
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 Dwivedi Marg Opposite Anurag Hotel Gurudwara Road Bisra Road, Rourkela, Odisha, India – 769001.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.84 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹7.82 Lakh (net margin 12.9%) and EBITDA of ₹19.78 Lakh (EBITDA margin 32.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹3.27 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adarsh Palace Private Limited's registered office is in Rourkela, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDwivedi Marg Opposite Anurag Hotel Gurudwara Road Bisra Road, Rourkela, Odisha, India – 769001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Adarsh Palace 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 Adarsh Palace is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| 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. | |
| 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 Adarsh Palace Private Limited, buy the company report.
Financials of Adarsh Palace Private Limited
FY 2025 filings availableAdarsh Palace Private Limited reported revenue of ₹60.84 Lakh (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 38% fall in the latest year. EBITDA fell 43% 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 | ₹19.78 Lakh | ||||
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| Net Profit (PAT) | ₹7.82 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 | 32.5% | ||||
| Net Profit Margin | 12.9% | ||||
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To see the full financial statements and ratios of Adarsh Palace Private Limited, buy the company report.
Board of directors of Adarsh Palace Private Limited
Adarsh Palace 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 |
|---|---|---|---|---|
| Vijay Prasad | Director | 26 Sep 2007 | 19 Years 1 Months | Current |
| Amit Prasad | Director | 04 Mar 2014 | 12 Years 7 Months | Current |
| Rajesh Prasad | Director | 12 Jun 2018 | 8 Years 4 Months | Current |
| Ranjay Prasad | Director | 04 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Adarsh Palace 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 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 |
|---|---|---|---|---|---|---|
| Apna Hotels Private Limited | ₹60.93 Lakh (FY 2024) | -3.0% | Raipur, Chhattisgarh, India | |||
| Blossoms Resorts and Hotels Pvt Ltd | ₹60.89 Lakh (FY 2025) | 16.0% | Ernakulam, Kerala, India | |||
| Adarsh Palace Private Limitedthis company | ₹60.84 Lakh (FY 2025) | ₹7.82 Lakh | 12.9% | -38.0% | Rourkela, Odisha, India | |
| Murali Hotels and Resorts Private Limited | ₹60.84 Lakh (FY 2025) | 41.0% | Thrissur, Kerala, India | |||
| Olive Inn Private Limited | ₹60.68 Lakh (FY 2024) | 17.0% | Kochi, Kerala, India |
To see the full peer comparison of Adarsh Palace Private Limited, buy the company report.
Auditor
Adarsh Palace Private Limited is audited by SAILESH AGARWAL & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAILESH AGARWAL & CO | FY 2016 | 326220E |
Shareholding
The shareholding of Adarsh Palace 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 Adarsh Palace Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2020 | 100387542 | Idbi Bank Limited | ₹22 Lakh | Open | |
| 17 Mar 2010 | 10214562 | State Bank of India(Smeccc) | ₹1.75 Cr | Open | |
| 14 Jul 2008 | 10115354 | Idbi Bank Limited | ₹1.3 Cr | Open |
To see the full charge records of Adarsh Palace Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Adarsh Palace Private Limited has 6 court cases on record: 1 filed by Adarsh Palace, 5 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 2 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sundargarh, Odisha | Appeal | Filed against the company by an individual | Pending |
| High Court, ORISSA | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Sundargarh, Orissa | Civil suit | Filed against the company by an individual | Disposed |
| High Court | Writ petition | Filed against the company by an individual | Disposed |
| High Court | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Adarsh Palace 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 Adarsh Palace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adarsh Palace has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCA8494D1ZS | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adarsh Palace Private Limited, buy the company report.
Recent activity
Adarsh Palace Private Limited has 6 board changes on record since 2007: 4 appointments and 2 cessations. The latest: Rajesh Prasad was appointed as Director on 12 Jun 2018.
1 earlier event is in the company report.
Frequently asked questions
Adarsh Palace is an active private limited company based in Rourkela, Odisha, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 26 September 2007 (19+ years old) and is registered under CIN U55200OR2007PTC009553.
Adarsh Palace has 4 current directors:
- Vijay Prasad - Director
- Amit Prasad - Director
- Rajesh Prasad - Director
- Ranjay Prasad - Director
The latest financial statements of Adarsh Palace 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 Adarsh Palace is 21AAGCA8494D1ZS, registered in Odisha.
The CIN (Corporate Identification Number) of Adarsh Palace is U55200OR2007PTC009553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adarsh Palace has 6 court cases on record: 1 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
Adarsh Palace was incorporated on 26 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Adarsh Palace by revenue are Apna Hotels Private Limited, Blossoms Resorts and Hotels Pvt Ltd, Murali Hotels and Resorts Private Limited, Olive Inn Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Rajesh Prasad was appointed as Director on 12 Jun 2018. Ganesh Kejriwal ceased to be Director on 05 Mar 2014. Amit Prasad was appointed as Director on 04 Mar 2014. Adarsh Palace has 6 board changes on record in total.
The registered office of Adarsh Palace is at Dwivedi Marg Opposite Anurag Hotel Gurudwara Road Bisra Road, Rourkela, Odisha, India – 769001.
Adarsh Palace operates in the travel and hospitality industry, in the hotel and accommodation services segment.