Cypress Nest Private Limited
About Cypress Nest Private Limited
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Cypress Nest Private Limited is a private limited company based in Madikeri, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 19 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2019PTC127149.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It is led by directors including Nithin Shetty (Managing Director) and Nikhil 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 Sy No.154/4 154 6 Galibeedu Village, Madikeri Taluk, Karnataka, India – 571201.
As per the financials filed for FY 2023, the company reported a revenue of ₹30,200. For the same year it recorded a net loss of ₹3,320 (net margin -11%) and EBITDA of -₹3,300 (EBITDA margin -10.9%).
As per MCA filings, the company has open charges of ₹2.7 Cr on record.
Company details
Contact details
Cypress Nest Private Limited's registered office is in Madikeri, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressSy No.154/4 154 6 Galibeedu Village, Madikeri Taluk, Karnataka, India – 571201
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Cypress Nest 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 Cypress Nest 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 Cypress Nest Private Limited, buy the company report.
Financials of Cypress Nest Private Limited
FY 2024 filings availableCypress Nest Private Limited reported revenue of ₹30,200 for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹3,300 | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹3,320 | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -10.9% | |||
| Net Profit Margin | -11% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Cypress Nest Private Limited, buy the company report.
Board of directors of Cypress Nest Private Limited
Cypress Nest has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nithin Shetty | Managing Director | 19 Aug 2019 | 7 Years 2 Months | Current |
| Hosamane Shetty Jayaram | Additional Director | 20 Mar 2022 | 4 Years 7 Months | Current |
| Nikhil Shetty | Director | 20 Feb 2023 | 3 Years 8 Months | Current |
Auditor
Cypress Nest Private Limited is audited by LAVITHA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAVITHA & ASSOCIATES | FY 2020 | 011882S |
Shareholding
The shareholding of Cypress Nest Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Cypress Nest Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2025 | 101167860 | Bank of India | ₹60 Lakh | Open | |
| 29 May 2024 | 100946429 | Bank of India | ₹2.1 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Cypress Nest Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cypress Nest Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Cypress Nest Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cypress Nest Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Nikhil Shetty ceased to be Additional Director on 08 Nov 2023.
Frequently asked questions
Cypress Nest is an active private limited company based in Madikeri, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 19 August 2019 (7+ years old) and is registered under CIN U55101KA2019PTC127149.
Cypress Nest has 3 current directors:
- Nithin Shetty - Managing Director
- Hosamane Shetty Jayaram - Additional Director
- Nikhil Shetty - Director
The latest financial statements of Cypress Nest on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Cypress Nest is U55101KA2019PTC127149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cypress Nest was incorporated on 19 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Nikhil Shetty ceased to be Additional Director on 08 Nov 2023. Nikhil Shetty was appointed as Director on 20 Feb 2023. Hosamane Shetty Jayaram was appointed as Additional Director on 20 Mar 2022. Cypress Nest has 5 board changes on record in total.
The registered office of Cypress Nest is at Sy No.1544 154 6 Galibeedu Village, Madikeri Taluk, Karnataka, India – 571201.
Cypress Nest operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Cypress Nest has open charges of ₹2.7 Cr and no satisfied charges on record as per latest MCA filings.
Cypress Nest can be reached at its registered office: Sy No.1544 154 6 Galibeedu Village, Madikeri Taluk, Karnataka, India – 571201.
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