- #709 Jaspalsingh Prehladsingh Chandock ₹4,500 Cr

About Balu Hospitality Limited
Data last updated:
Balu Hospitality Limited is a public 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 18 January 1994 and has been in existence for over 32 years.
Its director Jaspalsingh Prehladsingh Chandock is #709 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1994PLC076118. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5.04 Lakh. It was formerly known as Triman Impex Private Limited and Triman Impex Pvt Ltd. It is led by directors including Trimaan Jaspalsingh Chandock and Jaikaran Jaspalsingh Chandock.
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 Suite No 507 Hotel Imperialpalace Telly Park Road Andheri East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹27,534, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹4,015 (net margin -14.6%) and EBITDA of -₹4,015 (EBITDA margin -14.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baluindustries.com.
Company details
Name history
Balu Hospitality has undergone 3 name changes throughout its history. The company was previously known as Triman Impex Private Limited, Triman Impex Pvt Ltd, and Balu Industries Limited. The current legal name is Balu Hospitality Limited.
| Company Name | Status |
|---|---|
| Balu Hospitality Limited | Current |
| Triman Impex Private Limited | Previous |
| Triman Impex Pvt Ltd | Previous |
| Balu Industries Limited | Previous |
CIN history
Balu Hospitality has one previous CIN (Corporate Identification Number): U51900MH1994PTC076118. The current CIN is U51900MH1994PLC076118, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1994PLC076118 | Current |
| U51900MH1994PTC076118 | Previous |
Recognitions & Rankings of Balu Hospitality
Contact details
Balu Hospitality Limited's registered office is in Mumbai, Maharashtra. Its website is baluindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSuite No 507 Hotel Imperialpalace Telly Park Road Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Balu Hospitality 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
Financials of Balu Hospitality Limited
FY 2024 filings availableBalu Hospitality Limited reported revenue of ₹27,534 (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 30% 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 | -₹4,015 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹4,015 | ||||
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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 | -14.6% | ||||
| Net Profit Margin | -14.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Balu Hospitality Limited, buy the company report.
Board of directors of Balu Hospitality Limited
Balu Hospitality has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Trimaan Jaspalsingh Chandock | Director | 17 Jul 2014 | 12 Years 3 Months | Current |
| Jaikaran Jaspalsingh Chandock | Director | 03 Sep 2014 | 12 Years 2 Months | Current |
| Nivjeet Kaur Jaspalsingh Chandock Also directs: Praayaas Recovery Private Limited | Director | 18 Jan 1994 | 32 Years 9 Months | Current |
| Jaspalsingh Prehladsingh Chandock | Director | 18 Jan 1994 | 32 Years 9 Months | Current |
| Jatinderkaur Prehladsingh Chandock | Director | 18 Jan 1994 | 32 Years 9 Months | Current |
Peer comparison
Balu Hospitality Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Auto Ancillary, Hospitality, Hotels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Koneru Realtors and Hospitality Private Limited | ₹27,981 (FY 2025) | 0.0% | Thiruvananthapuram, Kerala, India | |||
| Sayujya Realtors and Hospitality Private Limited | ₹27,860 (FY 2025) | 0.0% | Thiruvananthapuram, Kerala, India | |||
| Koikkal Realtors and Hospitality Private Limited | ₹27,798 (FY 2025) | 0.0% | Thiruvananthapuram, Kerala, India | |||
| Eden Hospitality & Wellness Private Limited | ₹27,775 (FY 2025) | New Delhi, Delhi, India | ||||
| Shiva Satya Aviation Private Limited | ₹27,600 (FY 2024) | -75.0% | Ahmedabad, Gujarat, India | |||
| Balu Hospitality Limitedthis company | ₹27,534 (FY 2025) | -₹4,015 | -14.6% | 5.0% | Mumbai, Maharashtra, India | |
| Fifth Avenue Hotels & Resorts Private Limited | ₹27,363 (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Action Springs(India)Private Limited | ₹27,342 (FY 2025) | -100.0% | Baikampady, Mangalore, Karnataka, India | |||
| New Golden Queen Hotels Private Limited | ₹27,250 (FY 2025) | 179.0% | New Delhi, Delhi, India | |||
| Thomson Hospitality Private Limited | ₹27,248 (FY 2024) | -61.0% | Alappuzha, Kerala, India | |||
| Apollo Gauging Private Limited | ₹27,164 (FY 2022) | 6.0% | Pune, Maharashtra, India |
To see the full peer comparison of Balu Hospitality Limited, buy the company report.
Auditor
Balu Hospitality Limited is audited by Monoo Gupta for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Monoo Gupta | FY 2023 | 170808 |
Shareholding
The shareholding of Balu Hospitality 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 Balu Hospitality Limited, buy the company report.
Legal cases
Balu Hospitality Limited has 8 court cases on record: 2 filed by Balu Hospitality, 6 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Faridi Impex Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Faridi Impex Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Faridi Impex Pvt. Ltd. THR. C.E.O. Mr. Ajaz Faridi | Disposed |
| High Court | Appeal | Filed by the company against Faridi Impex Pvt. Ltd. THR. C.E.O. Mr. Ajaz Faridi | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Foodstuff Enterprise LLP | Disposed |
To see the full case history of Balu Hospitality 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 Balu Hospitality Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balu Hospitality has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Balu Hospitality Limited, buy the company report.
Recent activity
Balu Hospitality Limited has 6 board changes on record since 1994: 5 appointments and 1 cessation. The latest: Jaikaran Jaspalsingh Chandock was appointed as Director on 03 Sep 2014.
News
Frequently asked questions
Balu Hospitality is an active public 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 18 January 1994 (32+ years old) and is registered under CIN U51900MH1994PLC076118.
Balu Hospitality has 5 current directors:
- Trimaan Jaspalsingh Chandock - Director
- Jaikaran Jaspalsingh Chandock - Director
- Nivjeet Kaur Jaspalsingh Chandock - Director
- Jaspalsingh Prehladsingh Chandock - Director
- Jatinderkaur Prehladsingh Chandock - Director
The latest financial statements of Balu Hospitality 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.
No. Balu Hospitality has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Balu Hospitality is U51900MH1994PLC076118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balu Hospitality has 8 court cases on record: 2 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Balu Hospitality was incorporated on 18 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Balu Hospitality by revenue are Koneru Realtors and Hospitality Private Limited, Sayujya Realtors and Hospitality Private Limited, Koikkal Realtors and Hospitality Private Limited, Eden Hospitality & Wellness Private Limited, Shiva Satya Aviation Private Limited and 5 more, all in the Consumer Services industry (Auto Ancillary, Hospitality, Hotels).
Jaikaran Jaspalsingh Chandock was appointed as Director on 03 Sep 2014. Trimaan Jaspalsingh Chandock was appointed as Director on 17 Jul 2014. Prehladsingh Harisingh Chandock ceased to be Director on 21 Jul 2010. Balu Hospitality has 6 board changes on record in total.
Balu Hospitality can be reached through the website baluindustries.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Balu Hospitality is at Suite No 507 Hotel Imperialpalace Telly Park Road Andheri East, Mumbai, Maharashtra, India – 400069.

