- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0114426

About Balas Hotels Private Limited
Data last updated:
Balas Hotels Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 13 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U55101PN2004PTC018915. Its GSTIN is 27AACCB4264G1ZT (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Monika Kharade and Aditya Kailas Pawar.
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 Cts No 22 Final Plot No261 Bund Garden Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.85 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹49.69 Lakh (net margin 26.8%) and EBITDA of ₹72.39 Lakh (EBITDA margin 39.1%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years and 5% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.98 Cr and satisfied charges of ₹2.39 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Balas Hotels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0114426). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website leroycehotels.com.
Company details
Recognitions & Rankings of Balas Hotels
Contact details
Balas Hotels Private Limited's registered office is in Pune, Maharashtra. Its website is leroycehotels.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressCts No 22 Final Plot No261 Bund Garden Road, Pune, Maharashtra, India – 411001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Balas 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 Balas 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 Balas Hotels Private Limited, buy the company report.
Financials of Balas Hotels Private Limited
FY 2025 filings availableBalas Hotels Private Limited reported revenue of ₹1.85 Cr (up 306% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 306% growth in the latest year. EBITDA rose 230% 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 | ₹72.39 Lakh | ||||
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| Net Profit (PAT) | ₹49.69 Lakh | ||||
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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 | 39.1% | ||||
| Net Profit Margin | 26.8% | ||||
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To see the full financial statements and ratios of Balas Hotels Private Limited, buy the company report.
Board of directors of Balas Hotels Private Limited
Balas Hotels has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika Kharade | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
| Aditya Kailas Pawar | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Kailash Nanasaheb Pawar | Director | 29 Oct 2012 | 14 Years 0 Months | Current |
| Sanket Kailas Pawar | Director | 29 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Balas Hotels Private Limited is audited by SHAILESH SHAH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAILESH SHAH & CO | FY 2022 | 109872W |
Shareholding
The shareholding of Balas Hotels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balas Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2012 | 10387477 | State Bank of India | ₹10.98 Cr | Open | |
| 06 Jun 2007 | 10056930 | Vijaya Bank | ₹6.97 Lakh | Satisfied | |
| 12 Aug 2005 | 90087407 | Vijaya Bank | ₹2.32 Cr | Satisfied |
To see the full charge records of Balas Hotels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Balas Hotels Private Limited has 3 court cases on record: 1 filed by Balas Hotels, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Blacksoil Capital Pvt.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Blacksoil Capital Pvt.Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (ARP) | Filed by the company against Alcott Town Planners Private Limtied | Disposed |
To see the full case history of Balas 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 Balas Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balas Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB4264G1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balas Hotels Private Limited, buy the company report.
Recent activity
Balas Hotels Private Limited has 10 board changes on record since 2012: 4 appointments and 6 cessations. The latest: Monika Kharade was appointed as Director on 19 Aug 2020.
8 earlier events are in the company report.
Frequently asked questions
Balas Hotels is an active private limited company based in Pune, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 13 February 2004 (22+ years old) and is registered under CIN U55101PN2004PTC018915.
Balas Hotels has 4 current directors:
- Monika Kharade - Director
- Aditya Kailas Pawar - Director
- Kailash Nanasaheb Pawar - Director
- Sanket Kailas Pawar - Director
The latest financial statements of Balas Hotels 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 Balas Hotels is 27AACCB4264G1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Balas Hotels is U55101PN2004PTC018915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balas Hotels has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Balas Hotels was incorporated on 13 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
Monika Kharade was appointed as Director on 19 Aug 2020. Aditya Kailas Pawar was appointed as Director on 16 Oct 2019. Adarsh Balakrishna Hegde ceased to be Director on 17 Nov 2012. Balas Hotels has 10 board changes on record in total.
Yes, Balas Hotels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0114426).
Balas Hotels can be reached through the website leroycehotels.com. Its registered office is in Pune, Maharashtra, India.

