MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0024736
Associated Hotels Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.29 Cr
▲ 1% YoY
Net profit · FY 2025
₹1.58 Cr
Net margin 11.9%
EBITDA · FY 2025
₹2.93 Cr
EBITDA margin 22%
Authorised capital
₹5.25 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹4.95 Cr
Satisfied ₹221.07 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
73
Provident fund records
About Associated Hotels Private Limited
Data last updated:
Associated Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 31 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1988PTC047531. Its GSTIN is 24AAACA8992L1Z8 (Gujarat).
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Associated Hotels Limited. It is led by directors including Arshad Yasin Patel and Ahmed Yunus Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.29 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.58 Cr (net margin 11.9%) and EBITDA of ₹2.93 Cr (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 6% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.95 Cr and satisfied charges of ₹221.07 Cr on record. Court records list 23 cases involving the company, including 19 filed by the company and 4 filed against it; 4 cases are pending.
Associated Hotels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0024736). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website lemontreehotels.com.
Company details
CIN U55101MH1988PTC047531
Registration Number 047531
Incorporation Date 31 May 1988
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0024736
CIN history
Associated Hotels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U55101MH1988PTC047531, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101MH1988PTC047531 | Current |
| U55101MH1988PLC047531 | Previous |
| L55101MH1988PLC047531 | Previous |
Recognitions & Rankings of Associated Hotels
Contact details
Associated Hotels Private Limited's registered office is in Mumbai, Maharashtra. Its website is lemontreehotels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address07 Floor – Grd Plot – 271/273 Umar Jamal Comound Jahangir Boman Behram Marg Nagpada Mumb, Ai Central, Mumbai, Maharashtra, India – 400008
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Associated Hotels Private Limited, buy the company report.
Comprehensive company report
Associated Hotels Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Associated Hotels 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 Associated Hotels Private Limited, buy the company report.
Financials of Associated Hotels Private Limited
FY 2024 filings availableAssociated Hotels Private Limited reported revenue of ₹13.29 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹13.29 Cr ▲ 1%
Net profit · FY 2025
₹1.58 Cr margin 11.9%
EBITDA · FY 2025
₹2.93 Cr margin 22%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 32%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 59%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 1% growth in the latest year. EBITDA fell 18% 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 | ₹2.93 Cr | ||||
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| Net Profit (PAT) | ₹1.58 Cr | ||||
| Balance Sheet | |||||
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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 | 22% | ||||
| Net Profit Margin | 11.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Associated Hotels Private Limited, buy the company report.
Board of directors of Associated Hotels Private Limited
Associated Hotels has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arshad Yasin Patel | Director | 25 Mar 2013 | 13 Years 7 Months | Current |
| Ahmed Yunus Patel Also directs: Ubs Dream Constructions Private Limited, Ritz Inn Private Limited | Director | 25 Mar 2013 | 13 Years 7 Months | Current |
| Ammar Yasin Patel Also directs: Ritz Inn Private Limited | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Rizwan Yunus Patel Also directs: Ritz Inn Private Limited | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Associated Hotels Private Limited is audited by Mehta Choksi and Shah LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mehta Choksi and Shah LLP | FY 2023 | 106201W |
Shareholding
The shareholding of Associated 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 Associated Hotels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.95 Cr
Satisfied charges
₹221.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2023 | 100886370 | Others | ₹4.95 Cr | Open | |
| 29 Dec 2012 | 10401483 | Punjab National Bank | ₹50 Lakh | Satisfied | |
| 17 Dec 2009 | 10208390 | Bombay Mercantile Co-Operative Bank Limited | ₹2.37 Cr | Satisfied | |
| 30 Apr 2009 | 10163363 | Kotak Mahindra Prime Limited | ₹30 Lakh | Satisfied | |
| 25 Jun 2008 | 10193061 | Punjab National Bank | ₹89.36 Cr | Satisfied |
To see the full charge records of Associated Hotels Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Associated Hotels Private Limited has 23 court cases on record: 19 filed by Associated Hotels, 4 filed against it. 4 cases are pending and 19 are disposed.
Total cases
23
Filed by the company
19
Filed against the company
4
Pending
4
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 1 | 4 |
| District courts | 10 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against CMCG India Private Limited Through Samir Shrinivas Kale Etc and 1 other | Disposed |
| High Court, MAHARASHTRA | Court case (COARP) | Filed by the company against CMCG India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed by the company against Royal Terrace Hotels Private Limited | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against M/S GHK Hospitality and Infrastructures Limited | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against M/S Hotel Grand Centre Point and 4 others | Pending |
To see the full case history of Associated 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 Associated Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Associated Hotels Private Limited has a workforce of 73 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
73
Active EPFO establishments
1
Employee growth
12.31%
GST
Associated Hotels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACA8992L1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Associated Hotels Private Limited, buy the company report.
Recent activity
Associated Hotels Private Limited has 18 board changes on record since 2006: 4 appointments and 14 cessations. The latest: Ammar Yasin Patel was appointed as Director on 01 Apr 2025.
Appointed
Ammar Yasin Patel was appointed as Director.
Appointed
Rizwan Yunus Patel was appointed as Director.
AGM
Associated Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 4.95 Cr registered on 28 Dec 2023 with Charge ID 100886370 was modified on 14 Jun 2024.
Filing
Associated Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 4.95 Cr with Charge ID 100886370 was registered on 28 Dec 2023.
Charges
A charge registered on 28 Apr 2006 via Charge ID 10009202 with Kotak Mahindra Bank Ltd. was fully satisfied on 22 Dec 2023.
Charges
A charge registered on 29 Dec 2012 via Charge ID 10401483 with Punjab National Bank was fully satisfied on 21 Oct 2023.
Charges
A charge registered on 25 Jun 2008 via Charge ID 10193061 with Punjab National Bank was fully satisfied on 21 Oct 2023.
Charges
A charge registered on 03 May 2003 via Charge ID 90213964 with State Bank Of India was fully satisfied on 09 Oct 2023.
Charges
A charge registered on 30 Apr 2009 via Charge ID 10163363 with Kotak Mahindra Prime Limited was fully satisfied on 04 Aug 2023.
Charges
A charge registered on 17 Dec 2009 via Charge ID 10208390 with Bombay Mercantile Co-Operative Bank Limited was fully satisfied on 13 Jun 2023.
32 earlier events are in the company report.
News
Frequently asked questions
Associated 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 31 May 1988 (38+ years old) and is registered under CIN U55101MH1988PTC047531.
Associated Hotels has 4 current directors:
- Arshad Yasin Patel - Director
- Ahmed Yunus Patel - Director
- Ammar Yasin Patel - Director
- Rizwan Yunus Patel - Director
The latest financial statements of Associated Hotels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Associated Hotels is 24AAACA8992L1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Associated Hotels is U55101MH1988PTC047531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Hotels has 23 court cases on record: 19 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
Associated Hotels was incorporated on 31 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Ammar Yasin Patel was appointed as Director on 01 Apr 2025. Rizwan Yunus Patel was appointed as Director on 01 Apr 2025. Usman Ebrahim Balwa ceased to be Director on 25 Mar 2014. Associated Hotels has 18 board changes on record in total.
Yes, Associated Hotels is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0024736).
Associated Hotels can be reached through the website lemontreehotels.com. Its registered office is in Mumbai, Maharashtra, India.