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Colstay Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹57.83 Cr
▲ 42% YoY
Net profit · FY 2025
₹3.12 Cr
Net margin 5.4%
EBITDA · FY 2025
₹8.25 Cr
EBITDA margin 14.3%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹1.13 Cr
Issued & subscribed
Open charges
₹26.93 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
165
Provident fund records
About Colstay Limited
Data last updated:
Colstay Limited is a public limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the service apartments and long-stay rentals segment of the travel and hospitality sector. It was incorporated on 28 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55209MH2019PLC325971. Its GSTIN is 27AAICC1989K2Z2 (Maharashtra). The company holds 15 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹1.13 Cr. It is led by directors including Bharat Agarwal (Managing Director) and Siddharth Agarwal (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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.83 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹3.12 Cr (net margin 5.4%) and EBITDA of ₹8.25 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years.
The company has about 165 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: The Hive Hostels. As per MCA filings, the company has open charges of ₹26.93 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹12.48 Cr; the latest was in August 2024. Its 5 peer companies in the Consumer Services industry (Service Apartments), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 3 larger and 2 smaller; the largest is The Hosteller Hospitality Private Limited with revenue of ₹73.01 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 11 overdue payments to 3 micro and small suppliers.
Colstay Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0063040). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website colstay.in.
Company details
CIN U55209MH2019PLC325971
Registration Number 325971
Incorporation Date 28 May 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-19-0063040
CIN history
Colstay has one previous CIN (Corporate Identification Number): U55209MH2019PTC325971. The current CIN is U55209MH2019PLC325971, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55209MH2019PLC325971 | Current |
| U55209MH2019PTC325971 | Previous |
Key People
Bharat Agarwal Managing Director Siddharth Agarwal Whole-Time Director Neha Shukla Additional Director Recognitions & Rankings of Colstay
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0063040
Contact details
Colstay Limited's registered office is in Mumbai, Maharashtra. Its website is colstay.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 1001 1002 Sapphire Plaza, Dadabhai Road, Mumbai, Maharashtra, India – 400056
- IndustryTravel and Hospitality, Service Apartments & Long-Stay Rentals
To see the full contact details of Colstay Limited, buy the company report.
Comprehensive company report
Colstay 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
Colstay operates one associated brand: The Hive Hostels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of luxury PG and hostel accommodations | thehivehostels.com |
Business activity
The main business activity of Colstay 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 Colstay Limited, buy the company report.
Financials of Colstay Limited
FY 2025 filings availableColstay Limited reported revenue of ₹57.83 Cr (up 42% YoY) for FY 2025.
Revenue · FY 2025
₹57.83 Cr ▲ 42%
Net profit · FY 2025
₹3.12 Cr margin 5.4%
EBITDA · FY 2025
₹8.25 Cr margin 14.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 100%
EBITDA CAGR growth
1 year
▲ 169%
3 years · compounded
▲ 99%
Revenue has grown at a compounded annual rate (CAGR) of 100% over three years, including 42% growth in the latest year. EBITDA rose 169% 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 | ₹57.83 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.12 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | 5.4% | ||||
| 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 Colstay Limited, buy the company report.
Board of directors of Colstay Limited
Colstay has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Agarwal Also directs: Aurus Residences Private Limited | Managing Director | 28 May 2019 | 7 Years 5 Months | Current |
| Siddharth Agarwal Also directs: Aurus Residences Private Limited | Whole-Time Director | 28 May 2019 | 7 Years 5 Months | Current |
| Neha Shukla | Additional Director | 10 Oct 2025 | 1 Years 0 Months | Current |
| Jay Kumar Shaw Also directs: Associated Coaters Limited, Chambal Breweries and Distilleries Limited, Silky Overseas Limited and 3 more | Director | 07 Mar 2025 | 1 Years 7 Months | Current |
| Vivekraj Rameshkumar Bagrecha | Director | 26 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Colstay Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Service Apartments), 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 |
|---|---|---|---|---|---|---|
| The Hosteller Hospitality Private Limited | ₹73.01 Cr (FY 2025) | 48.0% | Mumbai, Maharashtra, India | |||
| Athome Hospitality Services Private Limited | ₹64.65 Cr (FY 2024) | 31.0% | Hyderabad, Telangana, India | |||
| Mastercampus Private Limited | ₹61.09 Cr (FY 2024) | 34.0% | Mumbai, Maharashtra, India | |||
| Colstay Limitedthis company | ₹57.83 Cr (FY 2025) | ₹3.12 Cr | 5.4% | 42.0% | 165 | Mumbai, Maharashtra, India |
| Helloworld Technologies India Private Limited | ₹51.89 Cr (FY 2022) | 2.0% | Bangalore, Karnataka, India | |||
| Good Host Spaces (Jagdishpur) Private Limited | ₹39.93 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Colstay Limited, buy the company report.
Auditor
Colstay Limited is audited by SATISH KUMAR MITTAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH KUMAR MITTAL & CO. | FY 2023 | 010813N |
Shareholding
The shareholding of Colstay Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | 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 Colstay Limited, buy the company report.
Charges & borrowings
Open charges
₹26.93 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2026 | 101287491 | Others | ₹8 Cr | Open | |
| 07 Aug 2025 | 101150044 | Others | ₹64 Lakh | Open | |
| 11 Jun 2025 | 101133796 | Others | ₹2 Cr | Open | |
| 21 Feb 2025 | 101052942 | Others | ₹5 Cr | Open | |
| 01 Feb 2025 | 101052946 | Others | ₹1.07 Cr | Open |
Total charge records: 10 View all charges
Deals & funding
Colstay Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹12.48 Cr; the latest was in August 2024.
Total deals
6
Secondary share transfers
4
Funding rounds
2
Disclosed funding
₹12.48 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Funding round | ₹11.48 Cr | Investors: Anchorage Capital Partners, Ageless Capital and Finance Private Limited , Sixth Sense Venture Partners Llp, an individual |
| Mar 2023 | Funding round | ₹1 Cr | Investors: 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Apr 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
To see the full deal history of Colstay 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
Colstay Limited has 3 court cases on record: 1 filed by Colstay, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by Gardgil Vohra Ventures Pvt Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
| High Court of Punjab and Haryana | Arbitration matter | Filed by the company against Lamrin Tech Skill University and Another | Disposed |
To see the full case history of Colstay 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
Colstay Limited has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 11 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| K.S. Technogroups Private Limited | |||
| Expert Time Industries Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Colstay Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Colstay Limited has a workforce of 165 employees on its EPFO records as of Feb 24, 2026, across 1 active EPFO establishment.
Employee count
165
Active EPFO establishments
1
Employee growth
-6.25%
GST
Colstay has 15 GST registrations: 4 active and 11 cancelled or inactive.
Total GSTINs
15
Active
4
Cancelled / inactive
11
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICC1989K2Z2 | Maharashtra | Active | 10 Jul 2023 |
| 27AAICC1989K3Z1 | Maharashtra | Active | 27 Mar 2025 |
| 24AAICC1989K1Z9 | Gujarat | Active | 06 Sep 2023 |
| 09AAICC1989K2Z0 | Uttar Pradesh | Active | 31 Oct 2023 |
To see the full GST registrations and return filing status of Colstay Limited, buy the company report.
Recent activity
Colstay Limited has 9 board changes on record since 2019: 6 appointments and 3 cessations. The latest: Neha Shukla was appointed as Additional Director on 10 Oct 2025.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 101287491 was registered on 24 Apr 2026.
Appointed
Neha Shukla was appointed as Additional Director.
AGM
Colstay Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.64 Cr with Charge ID 101150044 was registered on 07 Aug 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101133796 was registered on 11 Jun 2025.
Filing
Colstay Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Jay Kumar Shaw was appointed as Director.
Appointed
Varsha Agarwalla was appointed as Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101052942 was registered on 21 Feb 2025.
Charges
A charge with Others amounted to Rs. 1.07 Cr with Charge ID 101052946 was registered on 01 Feb 2025.
Charges
A charge with Others amounted to Rs. 1.77 Cr with Charge ID 101052952 was registered on 01 Feb 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101052954 was registered on 01 Feb 2025.
10 earlier events are in the company report.
News
Frequently asked questions
Colstay is an active public limited company based in Mumbai, Maharashtra, India. The company works in service apartments and long-stay rentals, within the travel and hospitality industry. It was incorporated on 28 May 2019 (7+ years old) and is registered under CIN U55209MH2019PLC325971.
Colstay has 5 current directors:
- Bharat Agarwal - Managing Director
- Siddharth Agarwal - Whole-Time Director
- Neha Shukla - Additional Director
- Jay Kumar Shaw - Director
- Vivekraj Rameshkumar Bagrecha - Director
The latest financial statements of Colstay 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 2020 are in the company report.
The GSTIN of Colstay is 27AAICC1989K2Z2, registered in Maharashtra. The company has 15 GST registrations in all, of which 4 are active and 11 are cancelled or inactive. Other active GSTINs include 27AAICC1989K3Z1 (Maharashtra), 24AAICC1989K1Z9 (Gujarat), 09AAICC1989K2Z0 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Colstay is U55209MH2019PLC325971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Colstay has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Colstay was incorporated on 28 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Colstay has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹12.48 Cr; the latest was in August 2024.
The peers of Colstay by revenue are The Hosteller Hospitality Private Limited, Athome Hospitality Services Private Limited, Mastercampus Private Limited, Helloworld Technologies India Private Limited, Good Host Spaces (Jagdishpur) Private Limited, all in the Consumer Services industry (Service Apartments), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Neha Shukla was appointed as Additional Director on 10 Oct 2025. Jay Kumar Shaw was appointed as Director on 07 Mar 2025. Varsha Agarwalla was appointed as Director on 07 Mar 2025. Colstay has 9 board changes on record in total.
Yes, Colstay is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Colstay is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0063040).
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