About Creative Hotels Private Limited
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Creative Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ramee Hotels Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 10 May 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1985PTC036199. Its GSTIN is 27AABCC1291M1ZJ (Maharashtra).
The company has an authorised share capital of ₹4.35 Cr and a paid-up capital of ₹4.02 Cr. It is led by directors including Rame Vardaraj Shetty and Vardaraj Manjappa Shetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 757 S V Road Opp Postoffice Khar West, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.34 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 10.2%) and EBITDA of ₹3.44 Cr (EBITDA margin 33.2%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years and 12% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60.82 Cr and satisfied charges of ₹45.27 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rameehotels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address757 S V Road Opp Postoffice Khar West, Mumbai, Maharashtra, India – 400052
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
- One PDF report, delivered after checkout
Business Activity of Creative Hotels Private Limited
The main business activities of Creative Hotels are accommodation and food service and support service to organizations. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Creative Hotels Private Limited
Creative Hotels Private Limited is audited by Rss & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rss & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Creative Hotels Private Limited
Creative Hotels has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rame Vardaraj Shetty Also directs: Ramee Constructions Private Limited, Ramani Hotels Limited, Ramee Hotels Private Limited and 3 more | Director | 17 Mar 2010 | 16 Years 6 Months | Current |
| Vardaraj Manjappa Shetty Also directs: Ramee Exports Private Limited, Ramee Sugar and Infrastructure Private Limited, Ramee Infrastructure Private Limited and 5 more | Director | 18 Jan 1994 | 32 Years 8 Months | Current |
| Hafida Haddouga Also directs: Ramani Hotels Limited, Vihar Resorts and Hotels (India) Pvt Ltd, Ramee Hotels Private Limited and 3 more | Director | 18 Jan 1994 | 32 Years 8 Months | Current |
| Ashok Muddu Shetty Also directs: Ramee Exports Private Limited, Ramee Sugar and Infrastructure Private Limited, Ramee Infrastructure Private Limited and 5 more | Director | 17 Feb 2015 | 11 Years 7 Months | Current |
Financials of Creative Hotels Private Limited FY 2024 filings available
Creative Hotels Private Limited reported revenue of ₹10.34 Cr (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Creative Hotels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 28% growth in the latest year. EBITDA rose 30% 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 of Creative Hotels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.05 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 of Creative Hotels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Creative Hotels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Creative Hotels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Creative Hotels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2024 | Hdfc Bank Limited | ₹15.61 Lakh | Open |
| 10 Mar 2022 | Axis Bank Limited | ₹10 Cr | Open |
| 27 Aug 2021 | Axis Bank Limited | ₹19 Lakh | Open |
| 31 Aug 2020 | Axis Bank Limited | ₹19 Lakh | Open |
| 29 Dec 2016 | Indian Overseas Bank | ₹26.11 Cr | Open |
Total charge records: 15 View all charges
Employees and EPFO Compliance at Creative Hotels Private Limited
Creative Hotels Private Limited has a workforce of 21 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Creative Hotels Private Limited
Creative Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC1291M1ZJ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Creative Hotels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Creative Hotels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Creative Hotels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Creative Hotels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Creative Hotels Private Limited
Frequently Asked Questions about Creative Hotels Private Limited
Creative 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 10 May 1985 (41+ years old) and is registered under CIN U55101MH1985PTC036199.
Creative Hotels reported revenue of ₹10.34 Cr for FY 2024 (up 28% YoY).
Creative Hotels has 4 current directors:
- Rame Vardaraj Shetty - Director
- Vardaraj Manjappa Shetty - Director
- Hafida Haddouga - Director
- Ashok Muddu Shetty - Director
Creative Hotels reported a net profit of ₹1.05 Cr (net margin 10.2%) and EBITDA of ₹3.44 Cr (EBITDA margin 33.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Creative Hotels is 92% over three years and 12% over five years. In the latest year (FY 2024) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Creative Hotels is 27AABCC1291M1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Creative Hotels is U55101MH1985PTC036199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Creative Hotels was incorporated on 10 May 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Creative Hotels can be reached through the website rameehotels.com. Its registered office is in Mumbai, Maharashtra, India.