MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-HP-09-0004764
Dev Rising Hotels & Resorts Private Limited
Dev Rising Hotels & Resorts Private Limited - travel and hospitality in Shimla, Himachal Pradesh, India. Directors, charges & compliance details.
Revenue · FY 2024
₹69.29 Lakh
▲ 10% YoY
Net loss · FY 2024
₹31.21 Lakh
Net margin -45%
EBITDA · FY 2024
-₹32.17 Lakh
EBITDA margin -46.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Dev Rising Hotels & Resorts Private Limited
Data last updated:
Dev Rising Hotels & Resorts Private Limited is a private limited company based in Shimla, Himachal Pradesh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 27 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U55101HP2021PTC008529.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hitesh Sharma and Yashpal.
Its last annual general meeting (AGM) was held on 29 April 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Bhagat Ram Manak Niwas Vpo Ghanatti, Shimla, Himachal Pradesh, India – 171014.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.29 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹31.21 Lakh (net margin -45%) and EBITDA of -₹32.17 Lakh (EBITDA margin -46.4%).
Dev Rising Hotels & Resorts Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-09-0004764).
Company details
CIN U55101HP2021PTC008529
Registration Number 008529
Incorporation Date 27 April 2021
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 April 2025
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-HP-09-0004764
Key People
Hitesh Sharma Director Yashpal Director Recognitions & Rankings of Dev Rising Hotels & Resorts
Contact details
Dev Rising Hotels & Resorts Private Limited's registered office is in Shimla, Himachal Pradesh.
- Registered AddressC/O Bhagat Ram Manak Niwas Vpo Ghanatti, Shimla, Himachal Pradesh, India – 171014
- IndustryTravel and Hospitality, Hotel & Accommodation Services
Comprehensive company report
Dev Rising Hotels & Resorts Private 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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Business activity
The main business activity of Dev Rising Hotels & Resorts 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 Dev Rising Hotels & Resorts Private Limited, buy the company report.
Financials of Dev Rising Hotels & Resorts Private Limited
FY 2024 filings availableDev Rising Hotels & Resorts Private Limited reported revenue of ₹69.29 Lakh (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹69.29 Lakh ▲ 10%
Net loss · FY 2024
₹31.21 Lakh margin -45%
EBITDA · FY 2024
-₹32.17 Lakh margin -46.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
Revenue rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹32.17 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹31.21 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -46.4% | ||
| Net Profit Margin | -45% | ||
| 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 Dev Rising Hotels & Resorts Private Limited, buy the company report.
Board of directors of Dev Rising Hotels & Resorts Private Limited
Dev Rising Hotels & Resorts has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Sharma Also directs: Devrising Hospitality Private Limited | Director | 27 Apr 2021 | 5 Years 6 Months | Current |
| Yashpal | Director | 07 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Dev Rising Hotels & Resorts Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Hotels, Resorts), 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 |
|---|---|---|---|---|---|---|
| Ocazia Hotels Private Limited | ₹69.38 Lakh (FY 2025) | Kanpur, Uttar Pradesh, India | ||||
| Vishwas Inn Hotels Private Limited | ₹69.36 Lakh (FY 2025) | 55.0% | Kutch, Gujarat, India | |||
| Royal Devansh Hotels and Properties Private Limited | ₹69.29 Lakh (FY 2024) | Lucknow, Uttar Pradesh, India | ||||
| Dev Rising Hotels & Resorts Private Limitedthis company | ₹69.29 Lakh (FY 2024) | -₹31.21 Lakh | -45% | 10.0% | Shimla, Himachal Pradesh, India | |
| Azure Hotels and Resorts Private Limited | ₹69.18 Lakh (FY 2024) | -10.0% | Chennai, Tamil Nadu, India | |||
| Farukhabad Investment (India) Limited | ₹69.07 Lakh (FY 2024) | -10.0% | Uttar Pradesh, India |
To see the full peer comparison of Dev Rising Hotels & Resorts Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dev Rising Hotels & Resorts 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 Dev Rising Hotels & Resorts 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 Dev Rising Hotels & Resorts Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dev Rising Hotels & Resorts Private Limited has 9 board changes on record since 2021: 2 appointments and 7 cessations. The latest: Bhupender Kumar ceased to be Director on 25 Jan 2024.
AGM
Dev Rising Hotels & Resorts Private Limited last Annual general meeting of members was held on 29 Apr 2025 as per latest MCA records.
Filing
Dev Rising Hotels & Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.
Ceased
Bhupender Kumar ceased to be Director.
Ceased
Khem Raj ceased to be Director.
Ceased
Kuldeep ceased to be Director.
Ceased
Om Prakash ceased to be Director.
Ceased
Pawan Sharma ceased to be Director.
Ceased
Ritesh Sharma ceased to be Director.
Ceased
Vinod Kumar ceased to be Director.
Appointed
Yashpal was appointed as Director.
Appointed
Hitesh Sharma was appointed as Director.
Incorporation
27 Apr 2021
Dev Rising Hotels & Resorts Private Limited was registered on 27 Apr 2021 with Roc Himachal Pradesh & aged 5 years 6 months as per MCA records.
Frequently asked questions
Dev Rising Hotels & Resorts is an active private limited company based in Shimla, Himachal Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 27 April 2021 (5+ years old) and is registered under CIN U55101HP2021PTC008529.
Dev Rising Hotels & Resorts has 2 current directors:
- Hitesh Sharma - Director
- Yashpal - Director
The latest financial statements of Dev Rising Hotels & Resorts on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 April 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Dev Rising Hotels & Resorts is U55101HP2021PTC008529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev Rising Hotels & Resorts was incorporated on 27 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Dev Rising Hotels & Resorts by revenue are Ocazia Hotels Private Limited, Vishwas Inn Hotels Private Limited, Royal Devansh Hotels and Properties Private Limited, Azure Hotels and Resorts Private Limited, Farukhabad Investment (India) Limited, all in the Consumer Services industry (Hotels, Resorts), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Bhupender Kumar ceased to be Director on 25 Jan 2024. Khem Raj ceased to be Director on 25 Jan 2024. Kuldeep ceased to be Director on 25 Jan 2024. Dev Rising Hotels & Resorts has 9 board changes on record in total.
Yes, Dev Rising Hotels & Resorts is registered as a micro enterprise under Udyam registration (number: UDYAM-HP-09-0004764).
The registered office of Dev Rising Hotels & Resorts is at CO Bhagat Ram Manak Niwas Vpo Ghanatti, Shimla, Himachal Pradesh, India – 171014.
Dev Rising Hotels & Resorts operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Dev Rising Hotels & Resorts can be reached at its registered office: CO Bhagat Ram Manak Niwas Vpo Ghanatti, Shimla, Himachal Pradesh, India – 171014.
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