About BLR Lounge Services Private Limited
Data last updated:
BLR Lounge Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Travel Food Services Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 12 June 2019.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U55209MH2019PTC326605. Its GSTIN is 27AAICB4881B1ZQ (Maharashtra). The company held 3 GST registrations, all of them active.
The company had an authorised share capital of ₹44.15 Cr and a paid-up capital of ₹23.4 Cr. It was led by directors Darpan Sevanti Mehta and Gaurav Dewan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Block – A South Wing 1st Floor Shiv Sagar Estate Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2023, the company reported a revenue of ₹267.75 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹53.64 Cr (net margin 20%) and EBITDA of ₹83.7 Cr (EBITDA margin 31.3%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
The company had about 694 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹40 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹23.39 Cr; the latest was in January 2021. The company has 12 MSME Form 1 returns on record between 2020 and 2024, listing 56 overdue payments to 27 micro and small suppliers.
The last known website on record is 080-blr.com.
Company details
Contact details
BLR Lounge Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is 080-blr.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock – A South Wing 1st Floor Shiv Sagar Estate Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of BLR Lounge Services 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 BLR Lounge Services is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of BLR Lounge Services Private Limited, buy the company report.
Financials of BLR Lounge Services Private Limited
FY 2023 filings availableBLR Lounge Services Private Limited reported revenue of ₹267.75 Cr (up 307% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years, including 307% growth in the latest year. EBITDA rose 648% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹267.75 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹83.7 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹53.64 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 31.3% | |||
| Net Profit Margin | 20% | |||
| 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 BLR Lounge Services Private Limited, buy the company report.
Board of directors of BLR Lounge Services Private Limited
BLR Lounge Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darpan Sevanti Mehta | Director | 12 Jun 2019 | 7 Years 4 Months | As last reported |
| Gaurav Dewan | Director | 12 Jun 2019 | 7 Years 4 Months | As last reported |
Auditor
BLR Lounge Services Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of BLR Lounge Services Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of BLR Lounge Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2021 | 100437683 | Others | ₹40 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
BLR Lounge Services Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹23.39 Cr; the latest was in January 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: Travel Food Services Limited Seller: Gate Gourmet Singapore Pte Limited |
| Oct 2019 | Funding round | ₹23.39 Cr | Investors: Travel Food Services Limited , Gate Gourmet Singapore Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
BLR Lounge Services Private Limited has 2 court cases on record: 1 filed by BLR Lounge Services, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Travel Food Services Chennai Private Limited and 2 others | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of BLR Lounge Services 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
BLR Lounge Services Private Limited has 12 MSME Form 1 returns on record between 2020 and 2024, listing 56 overdue payments to 27 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 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mohammed Hussain Bros | |||
| A.M. Hasanali & Sons | |||
| an individual supplier | |||
| Cnergyis Infotech India Private Limited | |||
| The Sun Enterprises |
To see the full MSME payment records of BLR Lounge Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
BLR Lounge Services Private Limited has a workforce of 694 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
BLR Lounge Services has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICB4881B1ZQ | Maharashtra | Active | 22 May 2020 |
| 27AAICB4881B2ZP | Maharashtra | Active | 02 Jul 2021 |
| 29AAICB4881B1ZM | Karnataka | Active | 24 Jun 2019 |
To see the full GST registrations and return filing status of BLR Lounge Services Private Limited, buy the company report.
Recent activity
BLR Lounge Services Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Jann Federico Fisch ceased to be Additional Director on 28 Dec 2020.
News
Frequently asked questions
BLR Lounge Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
BLR Lounge Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 12 June 2019 and is registered under CIN U55209MH2019PTC326605. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
BLR Lounge Services was incorporated on 12 June 2019. It is registered with the Registrar of Companies, Mumbai.
BLR Lounge Services had 2 directors:
- Darpan Sevanti Mehta - Director
- Gaurav Dewan - Director
The CIN (Corporate Identification Number) of BLR Lounge Services is U55209MH2019PTC326605. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of BLR Lounge Services is at Block – A South Wing 1st Floor Shiv Sagar Estate Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
BLR Lounge Services can be reached through the website 080-blr.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of BLR Lounge Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of BLR Lounge Services is 27AAICB4881B1ZQ, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAICB4881B2ZP (Maharashtra), 29AAICB4881B1ZM (Karnataka).
BLR Lounge Services operated in the travel and hospitality industry, in the hotel and accommodation services segment.
BLR Lounge Services has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹23.39 Cr; the latest was in January 2021.