- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-02-0000902

Banmali Palace Private Limited
About Banmali Palace Private Limited
Data last updated:
Banmali Palace Private Limited is a private limited company based in Kantabanji, Odisha, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 23 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U55100OR2018PTC029745. Its GSTIN is 21AAICB0851B1ZG (Odisha).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹75.5 Lakh. It was formerly known as Banmali Palace & Infratech Private Limited. It is led by directors including Nirmal Kumar Jain and Sunil Jain Kumar.
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 218/424 Near K.V. College Kukudahad, Kantabanji, Odisha, India – 767039.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.95 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹3.43 Lakh (net margin -1.2%) and EBITDA of ₹1.69 Cr (EBITDA margin 57.3%).
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.98 Cr on record.
Banmali Palace Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-02-0000902). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Banmali Palace
Contact details
Banmali Palace Private Limited's registered office is in Kantabanji, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address218/424 Near K.V. College Kukudahad, Kantabanji, Odisha, India – 767039
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Banmali Palace 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 Banmali Palace 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 Banmali Palace Private Limited, buy the company report.
Financials of Banmali Palace Private Limited
FY 2025 filings availableBanmali Palace Private Limited reported revenue of ₹2.95 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. EBITDA rose 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.69 Cr | ||||
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| Net Profit (PAT) | -₹3.43 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 57.3% | ||||
| Net Profit Margin | -1.2% | ||||
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To see the full financial statements and ratios of Banmali Palace Private Limited, buy the company report.
Board of directors of Banmali Palace Private Limited
Banmali Palace has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Kumar Jain | Director | 23 Oct 2018 | 8 Years 0 Months | Current |
| Sunil Jain Kumar | Director | 23 Oct 2018 | 8 Years 0 Months | Current |
| Binod Kumar Jain Also directs: Banmali Jewellers Private Limited | Director | 23 Oct 2018 | 8 Years 0 Months | Current |
| Santosh Jain Kumar | Director | 31 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Banmali Palace Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Singh Brothers Dwellers Private Limited | ₹2.96 Cr (FY 2025) | 23.0% | Bareilly, Uttar Pradesh, India | |||
| Nosso Vagator Hotel and Resorts Private Limited | ₹2.95 Cr (FY 2024) | 106.0% | Bogmalo, Goa, India | |||
| Banmali Palace Private Limitedthis company | ₹2.95 Cr (FY 2024) | -₹3.43 Lakh | -1.2% | -2.0% | 15 | Kantabanji, Odisha, India |
| Majestic Hospitalities Private Limited | ₹2.94 Cr (FY 2025) | -2.0% | Punjab, India | |||
| Plus Hotels and Resorts Private Limited | ₹2.94 Cr (FY 2024) | -36.0% | Pune, Maharashtra, India |
To see the full peer comparison of Banmali Palace Private Limited, buy the company report.
Auditor
Banmali Palace Private Limited is audited by AGRAWAL JAIN & KHEMKA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL JAIN & KHEMKA | FY 2019 | 325993E |
Shareholding
The shareholding of Banmali Palace Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Banmali Palace Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2021 | 100435135 | Indian Bank | ₹9.98 Cr | Open |
To see the full charge records of Banmali Palace Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Banmali Palace Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Banmali Palace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Banmali Palace Private Limited has a workforce of 15 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Banmali Palace has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAICB0851B1ZG | Odisha | Active | 21 Nov 2019 |
To see the full GST registrations and return filing status of Banmali Palace Private Limited, buy the company report.
Recent activity
Banmali Palace Private Limited has 4 board changes on record since 2018: 4 appointments. The latest: Santosh Jain Kumar was appointed as Director on 31 Oct 2018.
Frequently asked questions
Banmali Palace is an active private limited company based in Kantabanji, Odisha, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 23 October 2018 (8+ years old) and is registered under CIN U55100OR2018PTC029745.
Banmali Palace has 4 current directors:
- Nirmal Kumar Jain - Director
- Sunil Jain Kumar - Director
- Binod Kumar Jain - Director
- Santosh Jain Kumar - Director
The latest financial statements of Banmali Palace 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 FY 2019 are in the company report.
The GSTIN of Banmali Palace is 21AAICB0851B1ZG, registered in Odisha.
The CIN (Corporate Identification Number) of Banmali Palace is U55100OR2018PTC029745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banmali Palace was incorporated on 23 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Banmali Palace by revenue are Singh Brothers Dwellers Private Limited, Nosso Vagator Hotel and Resorts Private Limited, Majestic Hospitalities Private Limited, Plus Hotels and Resorts Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Santosh Jain Kumar was appointed as Director on 31 Oct 2018. Binod Kumar Jain was appointed as Director on 23 Oct 2018. Nirmal Kumar Jain was appointed as Director on 23 Oct 2018. Banmali Palace has 4 board changes on record in total.
Yes, Banmali Palace is registered as a small enterprise under Udyam registration (number: UDYAM-OD-02-0000902).
The registered office of Banmali Palace is at 218424 Near K.V. College Kukudahad, Kantabanji, Odisha, India – 767039.
Banmali Palace operates in the travel and hospitality industry, in the hotel and accommodation services segment.

