Adiga Heritage Hotels Private Limited
About Adiga Heritage Hotels Private Limited
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Adiga Heritage Hotels Private Limited is a private limited company based in Kundapura, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 03 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2009PTC050314.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kollur Pooja Adiga and Prabhakar Adiga.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at #1/147 Main Road Kollur, Kundapura, Karnataka, India – 576220.
As per the financials filed for FY 2021, the company reported a revenue of ₹18.56 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹31.64 Lakh (net margin -170.4%) and EBITDA of ₹14.88 Lakh (EBITDA margin 80.2%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹3.24 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adiga Heritage Hotels Private Limited's registered office is in Kundapura, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#1/147 Main Road Kollur, Kundapura, Karnataka, India – 576220
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Adiga Heritage 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
Business activity
The main business activity of Adiga Heritage 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 Adiga Heritage Hotels Private Limited, buy the company report.
Financials of Adiga Heritage Hotels Private Limited
FY 2021 filings availableAdiga Heritage Hotels Private Limited reported revenue of ₹18.56 Lakh (down 78% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 78% fall in the latest year. EBITDA fell 62% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹14.88 Lakh | ||||
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| Net Profit (PAT) | -₹31.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 80.2% | ||||
| Net Profit Margin | -170.4% | ||||
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To see the full financial statements and ratios of Adiga Heritage Hotels Private Limited, buy the company report.
Board of directors of Adiga Heritage Hotels Private Limited
Adiga Heritage Hotels has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kollur Pooja Adiga | Director | 20 Nov 2023 | 2 Years 11 Months | Current |
| Prabhakar Adiga | Director | 03 Jul 2009 | 17 Years 4 Months | Current |
| Bhagya Prabhakar Adiga | Director | 03 Jul 2009 | 17 Years 4 Months | Current |
Auditor
Adiga Heritage Hotels Private Limited is audited by A Raghavendra Rao & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A Raghavendra Rao & Associates | FY 2017 | 003324S |
Shareholding
The shareholding of Adiga Heritage Hotels 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 Adiga Heritage Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2018 | 100186890 | Karnataka Bank Ltd. | ₹24 Lakh | Open | |
| 18 May 2017 | 100105717 | Karnataka Bank Ltd. | ₹3 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Adiga Heritage Hotels Private Limited has 2 court cases on record: 1 filed by Adiga Heritage Hotels, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against M/S Vasudev Adigas Fast Food Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Vasudev Adigas Fast Food Pvt Ltd | Disposed |
To see the full case history of Adiga Heritage Hotels 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 Adiga Heritage Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Adiga Heritage Hotels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Adiga Heritage Hotels Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Kollur Pooja Adiga was appointed as Director on 20 Nov 2023.
Frequently asked questions
Adiga Heritage Hotels is an active private limited company based in Kundapura, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 03 July 2009 (17+ years old) and is registered under CIN U55101KA2009PTC050314.
Adiga Heritage Hotels has 3 current directors:
- Kollur Pooja Adiga - Director
- Prabhakar Adiga - Director
- Bhagya Prabhakar Adiga - Director
The latest financial statements of Adiga Heritage Hotels on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Adiga Heritage Hotels is U55101KA2009PTC050314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adiga Heritage Hotels has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Adiga Heritage Hotels was incorporated on 03 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Kollur Pooja Adiga was appointed as Director on 20 Nov 2023. Bhagya Prabhakar Adiga was appointed as Director on 03 Jul 2009. Prabhakar Adiga was appointed as Director on 03 Jul 2009.
The registered office of Adiga Heritage Hotels is at #1147 Main Road Kollur, Kundapura, Karnataka, India – 576220.
Adiga Heritage Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Adiga Heritage Hotels has open charges of ₹3.24 Cr and no satisfied charges on record as per latest MCA filings.
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