About Daaven Hospitality Private Limited
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Daaven Hospitality Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the hostel segment of the tourism and accommodation sector. It was incorporated on 06 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U55101OR2013PTC017532. Its GSTIN is 21AAFCD2027A1ZN (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Basudev Sahoo (Managing Director) and Pravasini Sahoo.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No – 1094/1655 Road No – 6 Aerodrome Area, Bhubaneswar, Odisha, India – 751020.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.02 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹37,421 (net margin 0.4%) and EBITDA of ₹5.55 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 164% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website daavenhospitality.com.
Company details
Contact details
Daaven Hospitality Private Limited's registered office is in Bhubaneswar, Odisha. Its website is daavenhospitality.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 1094/1655 Road No – 6 Aerodrome Area, Bhubaneswar, Odisha, India – 751020
- IndustryTourism And Accommodation, Hostel, Holiday Homes, Resorts, Inns, Accommodation Services By Hotel
To see the full contact details of Daaven Hospitality 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 Daaven Hospitality is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Daaven Hospitality Private Limited, buy the company report.
Financials of Daaven Hospitality Private Limited
FY 2021 filings availableDaaven Hospitality Private Limited reported revenue of ₹1.02 Cr (down 27% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 164%. EBITDA rose 94% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹1.02 Cr | ||||
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| EBITDA | ₹5.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37,421 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Daaven Hospitality Private Limited, buy the company report.
Board of directors of Daaven Hospitality Private Limited
Daaven Hospitality has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravasini Sahoo | Director | 06 Nov 2013 | 13 Years 0 Months | Current |
| Basudev Sahoo | Managing Director | 06 Nov 2013 | 13 Years 0 Months | Current |
| Susanta Kumar Sahoo | Director | 06 Nov 2013 | 13 Years 0 Months | Current |
| Srikanta Kumar Sahoo | Director | 06 Nov 2013 | 13 Years 0 Months | Current |
Auditor
Daaven Hospitality Private Limited is audited by ABPS & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABPS & ASSOCIATES | FY 2017 | 324706E |
Shareholding
The shareholding of Daaven Hospitality Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Daaven Hospitality Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Daaven Hospitality 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 Daaven Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Daaven Hospitality has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCD2027A1ZN | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daaven Hospitality Private Limited, buy the company report.
Recent activity
Daaven Hospitality Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Basudev Sahoo was appointed as Managing Director on 06 Nov 2013.
Frequently asked questions
Daaven Hospitality is an active private limited company based in Bhubaneswar, Odisha, India. The company works in hostel, within the tourism and accommodation industry. It was incorporated on 06 November 2013 (13+ years old) and is registered under CIN U55101OR2013PTC017532.
Daaven Hospitality has 4 current directors:
- Basudev Sahoo - Managing Director
- Pravasini Sahoo - Director
- Susanta Kumar Sahoo - Director
- Srikanta Kumar Sahoo - Director
The latest financial statements of Daaven Hospitality on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Daaven Hospitality is 21AAFCD2027A1ZN, registered in Odisha.
The CIN (Corporate Identification Number) of Daaven Hospitality is U55101OR2013PTC017532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daaven Hospitality was incorporated on 06 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Cuttack.
Basudev Sahoo was appointed as Managing Director on 06 Nov 2013. Pravasini Sahoo was appointed as Director on 06 Nov 2013. Srikanta Kumar Sahoo was appointed as Director on 06 Nov 2013. Daaven Hospitality has 4 board changes on record in total.
Daaven Hospitality can be reached through the website daavenhospitality.com. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Daaven Hospitality is at Plot No – 10941655 Road No – 6 Aerodrome Area, Bhubaneswar, Odisha, India – 751020.
Daaven Hospitality operates in the tourism and accommodation industry, in the hostel segment.
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