About Ascent Hotels Private Limited
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Ascent Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Samhi Hotels Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 05 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2005PTC154475. Its GSTIN is 27AAFCA2878Q1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹337.69 Cr and a paid-up capital of ₹295.44 Cr. It is led by directors including Tanya Chakravarty and Rajat Mehra.
Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹141.54 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹11.02 Cr (net margin 7.8%) and EBITDA of ₹49.07 Cr (EBITDA margin 34.7%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹244.22 Cr and satisfied charges of ₹977.29 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 1 case is pending. The company has 14 deals on record (6 funding rounds, 5 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹491.98 Cr; the latest was in May 2025. Its 8 peer companies in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 4 larger and 4 smaller; the largest is Madhya Pradesh State Tourism Development Corporation Ltd with revenue of ₹142.87 Cr. The company has 6 MSME Form 1 returns on record between 2022 and 2023, listing 1,574 overdue payments to 105 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website samhi.co.in.
Company details
Contact details
Ascent Hotels Private Limited's registered office is in Mumbai, Maharashtra. Its website is samhi.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 7 Om Parshwanath Apartments Desai And Sheth Nagar Sai Baba Nagar B, Orivali(W), Mumbai, Maharashtra, India – 400092
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Ascent 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 Ascent Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| 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. |
To see the full business activity and turnover split of Ascent Hotels Private Limited, buy the company report.
Financials of Ascent Hotels Private Limited
FY 2025 filings availableAscent Hotels Private Limited reported revenue of ₹141.54 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 19% growth in the latest year. EBITDA rose 67% 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 | ₹49.07 Cr | ||||
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| Net Profit (PAT) | ₹11.02 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 34.7% | ||||
| Net Profit Margin | 7.8% | ||||
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To see the full financial statements and ratios of Ascent Hotels Private Limited, buy the company report.
Board of directors of Ascent Hotels Private Limited
Ascent Hotels has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanya Chakravarty Also directs: Samhi JV Business Hotels Private Limited | Director | 04 Dec 2019 | 6 Years 10 Months | Current |
| Rajat Mehra Also directs: Argon Hotels Private Limited, Barque Hotels Private Limited, Samhi JV Business Hotels Private Limited and 3 more | Director | 05 Feb 2016 | 10 Years 8 Months | Current |
| Vasudevan Ramamoorthy | Director | 29 Mar 2016 | 10 Years 6 Months | Current |
Peer comparison
Ascent Hotels Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Madhya Pradesh State Tourism Development Corporation Ltd | ₹142.87 Cr (FY 2018) | -36.0% | Bhopal, Madhya Pradesh, India | |||
| Central Park Infrastructure Development Private Limited | ₹142.28 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Lodhi Property Company Limited | ₹141.97 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Sayaji Hotels Limited | ₹141.67 Cr (FY 2025) | 21.0% | Vadodara, Gujarat, India | |||
| Ascent Hotels Private Limitedthis company | ₹141.54 Cr (FY 2025) | ₹11.02 Cr | 7.8% | 19.0% | Mumbai, Maharashtra, India | |
| Viceroy Hotels Limited | ₹140.83 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Benares Hotels Limited | ₹140.67 Cr (FY 2025) | 14.0% | Uttar Pradesh, India | |||
| Khanna Hotels Private Limited | ₹139.9 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Wave Hospitality Private Limited | ₹139.79 Cr (FY 2025) | 8.0% | Delhi, India |
To see the full peer comparison of Ascent Hotels Private Limited, buy the company report.
Auditor
Ascent Hotels Private Limited is audited by Bsr & Co. Llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bsr & Co. Llp | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Ascent Hotels 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 Ascent Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2024 | 100931744 | Others | ₹15 Cr | Open | |
| 26 Mar 2024 | 100894021 | Others | ₹227 Cr | Open | |
| 16 Mar 2016 | 10626173 | Corporation Bank | ₹2.22 Cr | Open | |
| 25 Aug 2022 | 100603689 | Others | ₹22.6 Cr | Satisfied | |
| 01 Jun 2022 | 100582054 | Others | ₹23.6 Cr | Satisfied |
To see the full charge records of Ascent Hotels Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Ascent Hotels Private Limited has 14 deals on record (6 funding rounds, 5 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹491.98 Cr; the latest was in May 2025.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Rights issue | ₹83.1 Cr | Investors: Samhi Hotels Limited |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: Samhi Hotels Limited , Samhi Hotels Private Limited & Gyana Das Seller: Bridgestone Developers Private Limited , Vascon Engineers Limited , an individual |
| Feb 2016 | Funding round | ₹92.83 Cr | Investors: Samhi Hotels Limited |
| Jan 2013 | Acquisition | ₹138.31 Cr | Buyer: Bridgestone Developers Private Limited Seller: Fineline Holdings Limited |
| Dec 2010 | Secondary share transfer | Undisclosed | Buyer: Springleaf Investments Limited Seller: Prudential Hotels Private Limited |
To see the full deal history of Ascent Hotels Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ascent Hotels Private Limited has 8 court cases on record: 1 filed by Ascent Hotels, 7 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Novex Communications Private Ltd. Through Sandeep Gaikwad, | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Ms Sterling Electro Enterprises Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Court case (R.C.A.) | Filed against the company by The Municipal Corporation of the City of Pune | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by The Municipal Corporation of the City of Pune | Disposed |
| Bombay High Court | Company petition | Filed against the company by Sanvik Engineers (I) Pvt. Ltd. | Disposed |
To see the full case history of Ascent 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.
Credit ratings & regulatory alerts
Ascent Hotels Private Limited was last rated by Care on 23 Jan 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 23 Jan 2015 |
To see the full credit ratings and regulatory alerts of Ascent Hotels Private Limited, buy the company report.
MSME payment delays
Ascent Hotels Private Limited has 6 MSME Form 1 returns on record between 2022 and 2023, listing 1,574 overdue payments to 105 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 105)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kimirica Hunter International LLP | |||
| Jawahar Provision Store Pune | |||
| Phalke & Co. | |||
| an individual supplier | |||
| Nakoda Pharmaceuticals |
To see the full MSME payment records of Ascent Hotels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ascent Hotels Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Ascent Hotels has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA2878Q1ZY | Maharashtra | Active | 01 Jul 2017 |
| 06AAFCA2878Q1Z2 | Haryana | Active | 07 Sep 2017 |
To see the full GST registrations and return filing status of Ascent Hotels Private Limited, buy the company report.
Recent activity
Ascent Hotels Private Limited has 19 board changes on record since 2008: 3 appointments and 16 cessations. The latest: Krishan Dhawan ceased to be Additional Director on 23 Mar 2023.
49 earlier events are in the company report.
News
Frequently asked questions
Ascent Hotels is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 05 July 2005 (21+ years old) and is registered under CIN U55101MH2005PTC154475.
Ascent Hotels has 3 current directors:
- Tanya Chakravarty - Director
- Rajat Mehra - Director
- Vasudevan Ramamoorthy - Director
The latest financial statements of Ascent Hotels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ascent Hotels is 27AAFCA2878Q1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAFCA2878Q1Z2 (Haryana).
The CIN (Corporate Identification Number) of Ascent Hotels is U55101MH2005PTC154475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Hotels has 8 court cases on record: 1 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
Ascent Hotels was incorporated on 05 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Ascent Hotels has 14 deals on record (6 funding rounds, 5 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹491.98 Cr; the latest was in May 2025.
The peers of Ascent Hotels by revenue are Madhya Pradesh State Tourism Development Corporation Ltd, Central Park Infrastructure Development Private Limited, Lodhi Property Company Limited, Sayaji Hotels Limited, Viceroy Hotels Limited and 3 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Krishan Dhawan ceased to be Additional Director on 23 Mar 2023. Tanya Chakravarty ceased to be Additional Director on 05 Mar 2021. Tanya Chakravarty was appointed as Director on 04 Dec 2019. Ascent Hotels has 19 board changes on record in total.
Ascent Hotels has 6 MSME Form 1 returns on record between 2022 and 2023, listing 1,574 overdue payments to 105 micro and small suppliers. The latest return was filed on 14 Apr 2024.
Ascent Hotels can be reached through the website samhi.co.in. Its registered office is in Mumbai, Maharashtra, India.