NStay

Gurugram, India Founded: 2016 • Age: 10 yrs
Operates as an online platform for listing and booking PGs and shared accommodations.

About NStay

NStay is a Travel & Hospitality company based in Gurugram (India) founded in 2016. It operates as an online platform for listing and booking PGs and shared accommodations. It operates on a B2C model. Its Indian entity Varnav Accommodations Private Limited reported revenue of β‚Ή5.44 Cr. Its focus areas include Real Estate and Hospitality, Accommodation, Online Listings and Shared Housing. Its competitors include PGO, Grabhouse and Zaasna; 3 of its 3 listed competitors have raised funding.

Company details

NStay operates as an online platform for listing and booking pgs and shared accommodations, focusing on real estate and hospitality, accommodation, online listings, and shared housing. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Key Metrics
  • Annual Revenue
    ₹5.44 Cr

    FY 2024 · +12% YoY

  • Net Profit
    ₹10.7 Lakh

    FY 2024 · 2% margin

  • EBITDA
    ₹19.8 Lakh

    FY 2024 · 4% margin

Board of directors of Varnav Accommodations Private Limited (NStay)

Varnav Accommodations Private Limited is the primary company behind NStay. The board of Varnav Accommodations Private Limited currently have 2 directors; the longest-serving is Naresh Singh, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Naresh Singh
DIN 07518586
Director20 Jun 201610 yrs 4 moVarnav Accommodations Private Limited
Pooja
DIN 07524514
Director20 Jun 201610 yrs 4 moVarnav Accommodations Private Limited

Financials of NStay

Figures of Varnav Accommodations Private Limited, the primary company behind NStay, for FY 2024. Revenue was ₹5.44 Cr (+12% year on year). Net profit was ₹10.7 Lakh (2% margin). EBITDA was ₹19.8 Lakh (4% margin). Revenue has grown at a compounded annual rate of +38% over three years.

  • ₹5.44 CrRevenue · FY 2024 · +12% YoY
  • ₹10.7 LakhNet profit · 2% margin
  • ₹19.8 LakhEBITDA · 4% margin
  • ₹76 LakhPaid-up capital
  • 2Employees (provident fund records)
  • +38%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Varnav Accommodations Private Limited are on its company page.

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Detailed financial statements for NStay

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Competitors of NStay

NStay has 3 listed competitors in our database, 3 of them funded. They include PGO, Grabhouse and Zaasna.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gopgo.in2016Hyderabad, India$8.36M2
App-based platform to discover & book PGs/hostels
grabhouse.com2013Mumbai, India$13.08M4
Online platform that provides managed accommodations
zaasna.com2018Bengaluru, India$302,017
Home loans are facilitated via an online property marketplace.
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Detailed competitors of NStay

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Top companies in Shared Accommodation

3 companies that operate in the same segment as NStay (Shared Accommodation) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform for booking verified student housing near universities worldwide.
2016Noida, Uttar Pradesh, IndiaUSD 2.63 MUSD 491.7 K
Operates an online marketplace for finding shared accommodations and flatmates.
2019Gurugram, Haryana, IndiaUSD 34.47 KUSD 0.19
WudStay provides an online platform for booking PG and hostel accommodations tailored to students and travelers.
2015Gurugram, Haryana, IndiaUSD 3 MUSD 117.41 K
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Frequently Asked Questions about NStay

NStay was founded in 2016.

NStay is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

The primary company behind NStay, Varnav Accommodations Private Limited, reported revenue of β‚Ή5.44 Cr for FY 2024, up 12% year on year.

NStay operates as an online platform for listing and booking pgs and shared accommodations, focusing on real estate and hospitality, accommodation, online listings, and shared housing. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

NStay's top competitors include Grabhouse, PGO and Zaasna.

NStay operates through Varnav Accommodations Private Limited.

The legal entities of NStay currently have 2 directors, including Naresh Singh, Pooja.

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