Berggruen Hotels Private Limited

Berggruen Hotels Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U55101MH2006PTC164475 Incorporated 12 September 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company travel and hospitality MSME · Medium
Revenue · FY 2025
₹88.71 Cr
▲ 7% YoY
Net loss · FY 2025
₹8.22 Cr
Net margin -9.3%
EBITDA · FY 2025
₹19.7 Cr
EBITDA margin 22.2%
Authorised capital
₹58.3 Cr
Registered with MCA
Paid-up capital
₹54.55 Cr
Issued & subscribed
Open charges
₹72.4 Cr
Satisfied ₹616.19 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
434
Provident fund records

About Berggruen Hotels Private Limited

Data last updated:

Berggruen Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Fleur Hotels Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 12 September 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2006PTC164475. Its GSTIN is 27AACCB9701G1ZT (Maharashtra). The company holds 12 GST registrations, of which 6 are active.

The company has an authorised share capital of ₹58.3 Cr and a paid-up capital of ₹54.55 Cr. It is led by directors including Praveen Kumar Agrawal (Whole-Time Director) and Jagdish Kumar Chawla.

Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Lemon Tree Premier Mumbai Opp. Mittal Industrial Estate Andheri K, Urla Road, Maharashtra, India – 400059.

As per the financials filed for FY 2025, the company reported a revenue of ₹88.71 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹8.22 Cr (net margin -9.3%) and EBITDA of ₹19.7 Cr (EBITDA margin 22.2%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 3% over five years.

The company has about 434 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Keys Hotels. As per MCA filings, the company has open charges of ₹72.4 Cr and satisfied charges of ₹616.19 Cr on record. Court records list 21 cases involving the company, including 14 filed by the company and 7 filed against it; 5 cases are pending. The company has 22 deals on record (9 secondary share transfers, 6 rights issues, 3 funding rounds), with disclosed funding of ₹156.15 Cr; the latest was in November 2019. Its 6 peer companies in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 3 larger and 3 smaller; the largest is Ramee Hotels Private Limited with revenue of ₹89.05 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 16 overdue payments to 6 micro and small suppliers.

Berggruen Hotels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0003574). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website keyshotels.com.

Company details

CIN U55101MH2006PTC164475
Registration Number 164475
Incorporation Date 12 September 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Fleur Hotels Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0003574
Key People
Praveen Kumar Agrawal Whole-Time Director Jagdish Kumar Chawla Director Davander Tomar Director

Recognitions & Rankings of Berggruen Hotels

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0003574

Contact details

Berggruen Hotels Private Limited's registered office is in Mumbai, Maharashtra. Its website is keyshotels.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    keyshotels.com
  • Social Media
  • Registered Address
    Lemon Tree Premier Mumbai Opp. Mittal Industrial Estate Andheri K, Urla Road, Maharashtra, India – 400059
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Berggruen Hotels Private Limited, buy the company report.

Comprehensive company report
Berggruen 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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Brands

Berggruen Hotels operates one associated brand: Keys Hotels. Each brand links to its own profile.

BrandDescriptionWebsite
Keys Hotels
Manages the mid-budget "Keys" hotel line in Indiakeyshotels.com

Business activity

The main business activity of Berggruen Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI1Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc.
IAccommodation and Food ServiceI2Food and beverage services provided by hotels, restaurants, caterers, etc.

To see the full business activity and turnover split of Berggruen Hotels Private Limited, buy the company report.

Financials of Berggruen Hotels Private Limited

FY 2025 filings available

Berggruen Hotels Private Limited reported revenue of ₹88.71 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹88.71 Cr ▲ 7%
Net loss · FY 2025
₹8.22 Cr margin -9.3%
EBITDA · FY 2025
₹19.7 Cr margin 22.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 39%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 72%
5 years · compounded
▲ 20%

Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 2% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹19.7 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8.22 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin22.2%
Net Profit Margin-9.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Berggruen Hotels Private Limited, buy the company report.

Board of directors of Berggruen Hotels Private Limited

Berggruen Hotels has 4 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jagdish Kumar ChawlaDirector01 Nov 20197 Years 0 MonthsCurrent
Praveen Kumar Agrawal
Also directs: Inovoa Hotels and Resorts Limited, Arum Hotels Private Limited
Whole-Time Director08 Nov 20233 Years 0 MonthsCurrent
Davander Tomar
Also directs: Celsia Hotels Private Limited, Lemon Tree Hotel Company Private Limited., Pony Tale Hotels Private Limited and 3 more
Director01 Nov 20197 Years 0 MonthsCurrent
Paramartha Saikia
Also directs: Salora International Limited, Lemon Tree Hotels Limited, Iora Hotels Private Limited
Director05 Nov 20197 Years 0 MonthsCurrent
View all directors

Peer comparison

Berggruen Hotels Private Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ramee Hotels Private Limited₹89.05 Cr (FY 2023)86.0%Mumbai, Maharashtra, India
Swosti Premium Limited₹88.93 Cr (FY 2025)28.0%Khurda, Odisha, India
Oberoi Hotels Pvt.Ltd.₹88.86 Cr (FY 2025)4.0%Kolkata, West Bengal, India
Berggruen Hotels Private Limitedthis company₹88.71 Cr (FY 2025)-₹8.22 Cr-9.3%7.0%434Mumbai, Maharashtra, India
Blugent Hospitality Private Limited₹88.53 Cr (FY 2025)29.0%Maharashtra, India
Mysore Intercontinental Hotels Private Limited₹88 Cr (FY 2025)17.0%Bangalore, Karnataka, India
Onora Hospitality Private Limited₹87.8 Cr (FY 2025)33.0%Bangalore, Karnataka, India

To see the full peer comparison of Berggruen Hotels Private Limited, buy the company report.

Auditor

Berggruen Hotels Private Limited is audited by Nangia & CO LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Nangia & CO LLPFY 2023002391C/ N500069

Shareholding

The shareholding of Berggruen Hotels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Berggruen Hotels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹72.4 Cr
Satisfied charges
₹616.19 Cr
Breakdown by lending institutions
Yes Bank Limited₹72.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Jun 2022100586526Yes Bank Limited₹21.2 CrOpen
07 Mar 2022100553713Yes Bank Limited₹21.2 CrOpen
21 Nov 201210388673Yes Bank Limited₹15 CrOpen
05 Nov 201210393064Yes Bank Limited₹15 CrOpen
28 Jul 2021100468743Hdfc Bank Limited₹22.51 LakhSatisfied

To see the full charge records of Berggruen Hotels Private Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Berggruen Hotels Private Limited has 22 deals on record (9 secondary share transfers, 6 rights issues, 3 funding rounds), with disclosed funding of ₹156.15 Cr; the latest was in November 2019.

Total deals
22
Secondary share transfers
9
Rights issues
6
Funding rounds
3
Convertible or debt financings
3
Disclosed funding
₹156.15 Cr

Deals on record (5 of 22)

WhenDealAmountParties
Nov 2019Secondary share transferUndisclosedBuyer: Fleur Hotels Limited , Fleur Hotels Private Limited & Nikhil Sethi
Seller: Berggruen Holdings, an individual
Sep 2019Secondary share transferUndisclosedBuyer: Berggruen Holdings
Seller: an individual
Sep 2019Secondary share transferUndisclosedBuyer: Berggruen Holdings
Seller: an individual
Jul 2019Secondary share transferUndisclosedSeller: Berggruen Holdings
Jul 2019Secondary share transferUndisclosedBuyer: Berggruen Holdings
Seller: IMS Benelux Holding Cooperative U A

To see the full deal history of Berggruen Hotels Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Berggruen Hotels Private Limited was last rated by Care on 09 Dec 2021.

Rating agencyRated onRating
Care09 Dec 2021

To see the full credit ratings and regulatory alerts of Berggruen Hotels Private Limited, buy the company report.

MSME payment delays

Berggruen Hotels Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 16 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 6)

SupplierAmount dueDue sinceReported on
Hope and Co
Adora Carpet Splendor Private Limited
an individual supplier
an individual supplier
Oriental Lotus Hotel Supplies Private Limited

To see the full MSME payment records of Berggruen Hotels Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Berggruen Hotels Private Limited has a workforce of 434 employees on its EPFO records as of May 2026.

Employee count
434
Employee growth
5.9%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27434
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Berggruen Hotels Private Limited, buy the company report.

GST

Berggruen Hotels has 12 GST registrations: 6 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
12
Active
6
Cancelled / inactive
6
GSTINStateStatusRegistered on
27AACCB9701G1ZTMaharashtraActive01 Jul 2017
03AACCB9701G1Z3PunjabActive01 Jul 2017
29AACCB9701G1ZPKarnatakaActive01 Jul 2017
32AACCB9701G3Z0KeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Berggruen Hotels Private Limited, buy the company report.

Recent activity

Berggruen Hotels Private Limited has 21 board changes on record since 2010: 4 appointments and 17 cessations. The latest: Pradeep Mathur ceased to be Director on 04 Sep 2024.

AGM
Berggruen Hotels Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Berggruen Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Yes Bank Limited of Rs. 15.00 Cr registered on 21 Nov 2012 with Charge ID 10388673 was modified on 07 Nov 2024.
Charges
A charge with Yes Bank Limited of Rs. 15.00 Cr registered on 05 Nov 2012 with Charge ID 10393064 was modified on 15 Oct 2024.
Ceased
Pradeep Mathur ceased to be Director.
Charges
A charge registered on 10 Sep 2013 via Charge ID 10453203 with Yes Bank Limited was fully satisfied on 29 Feb 2024.
Charges
A charge registered on 10 Sep 2013 via Charge ID 10453205 with Yes Bank Limited was fully satisfied on 29 Feb 2024.
Appointed
Praveen Kumar Agrawal was appointed as Whole-Time Director.
Ceased
Praveen Kumar Agrawal ceased to be Additional Director.
Charges
A charge registered on 28 Jul 2021 via Charge ID 100468743 with Hdfc Bank Limited was fully satisfied on 19 Sep 2023.
Charges
A charge with Yes Bank Limited of Rs. 21.20 Cr registered on 03 Jun 2022 with Charge ID 100586526 was modified on 22 Nov 2022.
Charges
A charge with Yes Bank Limited of Rs. 21.20 Cr registered on 07 Mar 2022 with Charge ID 100553713 was modified on 22 Nov 2022.

40 earlier events are in the company report.

News

Lemon Tree signs a new property in Ranchi
21 Mar 2024 · HotelierIndia

Frequently asked questions

Berggruen 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 12 September 2006 (20+ years old) and is registered under CIN U55101MH2006PTC164475.

Berggruen Hotels has 4 current directors:

The latest financial statements of Berggruen Hotels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Berggruen Hotels is 27AACCB9701G1ZT, registered in Maharashtra. The company has 12 GST registrations in all, of which 6 are active and 6 are cancelled or inactive. Other active GSTINs include 03AACCB9701G1Z3 (Punjab), 29AACCB9701G1ZP (Karnataka), 32AACCB9701G3Z0 (Kerala).

The CIN (Corporate Identification Number) of Berggruen Hotels is U55101MH2006PTC164475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Berggruen Hotels has 21 court cases on record: 14 filed by the company and 7 filed against it. 5 are pending. Most are in the high courts.

Berggruen Hotels was incorporated on 12 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

Berggruen Hotels has 22 deals on record (9 secondary share transfers, 6 rights issues, 3 funding rounds), with disclosed funding of ₹156.15 Cr; the latest was in November 2019.

The peers of Berggruen Hotels by revenue are Ramee Hotels Private Limited, Swosti Premium Limited, Oberoi Hotels Pvt.Ltd, Blugent Hospitality Private Limited, Mysore Intercontinental Hotels Private Limited and 1 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).

Pradeep Mathur ceased to be Director on 04 Sep 2024. Praveen Kumar Agrawal was appointed as Whole-Time Director on 08 Nov 2023. Praveen Kumar Agrawal ceased to be Additional Director on 08 Nov 2023. Berggruen Hotels has 21 board changes on record in total.

Yes, Berggruen Hotels is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0003574).

Berggruen Hotels has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 16 overdue payments to 6 micro and small suppliers. The latest return was filed on 23 Jul 2019.