About Blue Ridge Hotels Private Limited
Data last updated:
Blue Ridge Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Blue Ridge Holdings Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 12 July 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC163057. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15.05 Cr and a paid-up capital of ₹1.18 Lakh. It was formerly known as Nilkamal Bhoomi Developers Private Limited. It is led by directors including Rajib Dattaray and Manish Arvind Inamdar.
Its last annual general meeting (AGM) was held on 31 December 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Office No.5Ab 5th Floor Rushabh Chambers Marol Makwana Road Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2016, the company reported a revenue of ₹99.15 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹140.89 Cr and EBITDA of -₹117.92 Cr.
As per MCA filings, the company has open charges of ₹496.77 Cr and satisfied charges of ₹485.13 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it. The company has 7 deals on record (5 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹24 Cr; the latest was in August 2012. Its 5 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, 2 larger and 3 smaller; the largest is Golden Oasis Hotels Private Limited with revenue of ₹99.25 Lakh.
The last known website on record is indiabluemountain.com.
Company details
Contact details
Blue Ridge Hotels Private Limited's registered office is in Mumbai, Maharashtra. Its website is indiabluemountain.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No.5Ab 5th Floor Rushabh Chambers Marol Makwana Road Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Blue Ridge 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 Blue Ridge Hotels 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 Blue Ridge Hotels Private Limited, buy the company report.
Financials of Blue Ridge Hotels Private Limited
FY 2016 filings availableBlue Ridge Hotels Private Limited reported revenue of ₹99.15 Lakh (up 307% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 307% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹99.15 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹117.92 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹140.89 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 Blue Ridge Hotels Private Limited, buy the company report.
Board of directors of Blue Ridge Hotels Private Limited
Blue Ridge Hotels has 4 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajib Dattaray Also directs: Rajan Cosmetics (Madras) Private Limited | Director | 27 Oct 2014 | 12 Years 0 Months | As last reported |
| Manish Arvind Inamdar Also directs: Quadrile Management Services Private Limited | Director | 27 Oct 2014 | 12 Years 0 Months | As last reported |
| Peter Robert Charles Olden Also directs: Rajan Cosmetics (Madras) Private Limited | Director | 29 Sep 2015 | 11 Years 1 Months | As last reported |
| Olivier Jacques Francois Baroux | Director | 14 Sep 2015 | 11 Years 1 Months | As last reported |
Peer comparison
Blue Ridge Hotels Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Golden Oasis Hotels Private Limited | ₹99.25 Lakh (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Arpora Projects Private Limited | ₹99.19 Lakh (FY 2025) | -41.0% | Delhi, India | |||
| Blue Ridge Hotels Private Limitedthis company | ₹99.15 Lakh (FY 2016) | -₹140.89 Cr | 307.0% | Mumbai, Maharashtra, India | ||
| Hotels Diamond Glory Private Limited | ₹99.11 Lakh (FY 2020) | -17.0% | Kolkata, West Bengal, India | |||
| Swagath Hotels(P) Ltd | ₹99.04 Lakh (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| S P Builders and Resorts Private Limited | ₹99.04 Lakh (FY 2025) | -23.0% | Dehradun, Uttarakhand, India |
To see the full peer comparison of Blue Ridge Hotels Private Limited, buy the company report.
Auditor
Blue Ridge Hotels Private Limited is audited by ASPG & CO. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASPG & CO. | FY 2016 | 141975W |
Shareholding
The shareholding of Blue Ridge Hotels Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Blue Ridge Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2012 | 10381214 | Others | ₹496.77 Cr | Open | |
| 19 Feb 2011 | 10272978 | Il & Fs Trust Company Limited | ₹90 Cr | Satisfied | |
| 12 Oct 2009 | 10183255 | Union Bank of India | ₹365 Cr | Satisfied | |
| 25 Apr 2007 | 10055412 | State Bank of India | ₹30 Cr | Satisfied | |
| 29 Jan 1991 | 80048245 | Kokan Mercantile Co-Op. Bank Limited | ₹5 Lakh | Satisfied |
To see the full charge records of Blue Ridge Hotels Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Blue Ridge Hotels Private Limited has 7 deals on record (5 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹24 Cr; the latest was in August 2012.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2011 | Secondary share transfer | Undisclosed | Buyer: Aapc India Hotel Management Private Limited Seller: Aapc Singapore Pte Limited |
| Jan 2009 | Secondary share transfer | Undisclosed | Buyer: Aapc Singapore Pte Limited Seller: India Blue Mountains Limited |
| Dec 2008 | Secondary share transfer | Undisclosed | Buyer: India Blue Mountains Limited, an individual Seller: Nilkamal Limited , Bhoomi Realty India Private Limited |
| Dec 2008 | Secondary share transfer | Undisclosed | Buyer: Blue Ridge Holdings Limited, Aapc Singapore Pte Limited Seller: India Blue Mountains Limited, an individual |
| Jul 2006 | Secondary share transfer | Undisclosed | Buyer: Nilkamal Limited , Bhoomi Realty India Private Limited Seller: 2 individuals |
To see the full deal history of Blue Ridge 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.
Legal cases
Blue Ridge Hotels Private Limited has 12 court cases on record: 1 filed by Blue Ridge Hotels, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 11 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHSCD) | Filed against the company by Vke Plumbing Private Limited | Disposed |
| Bombay High Court | Court case (COMEX) | Filed against the company by Vke Plumbing Private Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Vke Plumbing Private Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Pravin Electricals Private Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Gammon India Ltd. | Disposed |
To see the full case history of Blue Ridge 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.
Credit ratings & regulatory alerts
Blue Ridge Hotels Private Limited was last rated by Brickwork on 10 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 10 Nov 2021 |
To see the full credit ratings and regulatory alerts of Blue Ridge Hotels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Blue Ridge Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blue Ridge Hotels 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 Blue Ridge Hotels Private Limited, buy the company report.
Recent activity
Blue Ridge Hotels Private Limited has 24 board changes on record since 2007: 4 appointments and 20 cessations. The latest: Manish Arvind Inamdar ceased to be Director on 10 Mar 2017.
30 earlier events are in the company report.
Frequently asked questions
Blue Ridge Hotels is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Blue Ridge Hotels is a company under liquidation, formerly operating as a 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 July 2006 and is registered under CIN U45201MH2006PTC163057. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Blue Ridge Hotels has 4 current directors:
- Rajib Dattaray - Director
- Manish Arvind Inamdar - Director
- Peter Robert Charles Olden - Director
- Olivier Jacques Francois Baroux - Director
The latest financial statements of Blue Ridge Hotels on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 31 December 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Blue Ridge Hotels is U45201MH2006PTC163057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Ridge Hotels has open charges of ₹496.77 Cr and satisfied charges of ₹485.13 Cr as per latest MCA filings.
Blue Ridge Hotels has 12 court cases on record: 1 filed by the company and 11 filed against it.
Blue Ridge Hotels was incorporated on 12 July 2006. It is registered with the Registrar of Companies, Mumbai.
Blue Ridge Hotels has 7 deals on record (5 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹24 Cr; the latest was in August 2012.
The peers of Blue Ridge Hotels by revenue are Golden Oasis Hotels Private Limited, Arpora Projects Private Limited, Hotels Diamond Glory Private Limited, Swagath Hotels(P) Ltd, S P Builders 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.).
Manish Arvind Inamdar ceased to be Director on 10 Mar 2017. Olivier Jacques Francois Baroux ceased to be Director on 24 Feb 2017. Peter Robert Charles Olden was appointed as Director on 29 Sep 2015. Blue Ridge Hotels has 24 board changes on record in total.
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