Chero Medico and Developers Private Limited
About Chero Medico and Developers Private Limited
Data last updated:
Chero Medico and Developers Private Limited is a private limited company based in Patna, Bihar, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 31 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U85110BR1989PTC003370. Its GSTIN is 10AABCC7615H1Z5 (Bihar). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.69 Lakh. It is led by directors including Adya Chinmayee Sahi (Managing Director) and Punam Sahi (Whole-Time Director).
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 Hathwa House South Gandhi Maidan, Patna, Bihar, India – 800001.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.73 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹38.19 Lakh (net margin 6.7%) and EBITDA of ₹1.32 Cr (EBITDA margin 22.9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 12% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.42 Cr and satisfied charges of ₹99.84 Lakh on record. Court records list 7 cases involving the company, including 7 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chero Medico and Developers Private Limited's registered office is in Patna, Bihar. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHathwa House South Gandhi Maidan, Patna, Bihar, India – 800001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Chero Medico and Developers 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 Chero Medico and Developers 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 Chero Medico and Developers Private Limited, buy the company report.
Financials of Chero Medico and Developers Private Limited
FY 2025 filings availableChero Medico and Developers Private Limited reported revenue of ₹5.73 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA rose 19% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38.19 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.9% | ||||
| Net Profit Margin | 6.7% | ||||
| 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 Chero Medico and Developers Private Limited, buy the company report.
Board of directors of Chero Medico and Developers Private Limited
Chero Medico and Developers has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adya Chinmayee Sahi | Managing Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Punam Sahi Also directs: Hathwa Automobiles Private Limited, H R Properties Private Limited, R.H. Properties Private Limited and 2 more | Whole-Time Director | 31 Mar 1989 | 37 Years 7 Months | Current |
| Bhaskar Rai | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Kaustuvmani Pratap Sahi | Director | 24 Feb 2007 | 19 Years 8 Months | Current |
Auditor
Chero Medico and Developers Private Limited is audited by ANAND MOHAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND MOHAN & ASSOCIATES | FY 2023 | 013863C |
Shareholding
The shareholding of Chero Medico and Developers Private 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 Chero Medico and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2023 | 100737542 | Axis Bank Limited | ₹1.11 Cr | Open | |
| 08 Feb 2023 | 100697266 | Others | ₹1.09 Cr | Open | |
| 31 Dec 2021 | 100552640 | Axis Bank Limited | ₹84 Lakh | Open | |
| 14 Nov 2014 | 10532788 | Hdfc Bank Limited | ₹1.39 Cr | Open | |
| 12 May 2015 | 10593624 | Union Bank of India | ₹6.36 Lakh | Satisfied |
To see the full charge records of Chero Medico and Developers Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Chero Medico and Developers Private Limited has 7 court cases on record: 7 filed by Chero Medico and Developers. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (MJC) | Filed by the company against The Assistant Commissioner of Income Tax | Disposed |
| Patna High Court | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner of Income Tax | Disposed |
| Patna High Court | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner of Income Tax, | Disposed |
| Patna High Court | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner of Income Tax | Disposed |
To see the full case history of Chero Medico and Developers 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
No delayed payments to MSME suppliers are on our record for Chero Medico and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Chero Medico and Developers Private Limited has a workforce of 4 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Chero Medico and Developers has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AABCC7615H1Z5 | Bihar | Active | 01 Jul 2017 |
| 09AABCC7615H1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chero Medico and Developers Private Limited, buy the company report.
Recent activity
Chero Medico and Developers Private Limited has 9 board changes on record since 1989: 4 appointments and 5 cessations. The latest: Adya Chinmayee Sahi ceased to be Director on 27 Mar 2021.
17 earlier events are in the company report.
Frequently asked questions
Chero Medico and Developers is an active private limited company based in Patna, Bihar, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 31 March 1989 (37+ years old) and is registered under CIN U85110BR1989PTC003370.
Chero Medico and Developers has 4 current directors:
- Adya Chinmayee Sahi - Managing Director
- Punam Sahi - Whole-Time Director
- Bhaskar Rai - Director
- Kaustuvmani Pratap Sahi - Director
The latest financial statements of Chero Medico and Developers 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 2015 are in the company report.
The GSTIN of Chero Medico and Developers is 10AABCC7615H1Z5, registered in Bihar. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 09AABCC7615H1ZO (Uttar Pradesh).
The CIN (Corporate Identification Number) of Chero Medico and Developers is U85110BR1989PTC003370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chero Medico and Developers has 7 court cases on record: 7 filed by the company.
Chero Medico and Developers was incorporated on 31 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Patna.
Adya Chinmayee Sahi ceased to be Director on 27 Mar 2021. Kaushlendra Kumar Sinha ceased to be Director on 25 Mar 2021. Adya Chinmayee Sahi was appointed as Managing Director on 24 Mar 2021. Chero Medico and Developers has 9 board changes on record in total.
The registered office of Chero Medico and Developers is at Hathwa House South Gandhi Maidan, Patna, Bihar, India – 800001.
Chero Medico and Developers operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
