First City Resorts Private Limited
About First City Resorts Private Limited
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First City Resorts Private Limited is a private limited company based in Maharastra, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 17 September 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55200MH1993PTC073999. Its GSTIN is 27AAACF3353L1ZK (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Suhas Vasantsa Kshatriya and Dhruv Suhas Kshatriya.
Its last annual general meeting (AGM) was held on 06 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 962 Bhikusa Lanemain Road Nasik, Maharastra, Maharashtra, India – 422001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.29 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹24.79 Lakh (net margin -5.8%) and EBITDA of ₹29.69 Lakh (EBITDA margin 6.9%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹4.12 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
First City Resorts Private Limited's registered office is in Maharastra, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address962 Bhikusa Lanemain Road Nasik, Maharastra, Maharashtra, India – 422001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of First City Resorts 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 First City Resorts is accommodation and food service activities. In detail, this covers food and beverage service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of First City Resorts Private Limited, buy the company report.
Financials of First City Resorts Private Limited
FY 2025 filings availableFirst City Resorts Private Limited reported revenue of ₹4.29 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 180% 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 |
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| EBITDA | ₹29.69 Lakh | ||||
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| Net Profit (PAT) | -₹24.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | -5.8% | ||||
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To see the full financial statements and ratios of First City Resorts Private Limited, buy the company report.
Board of directors of First City Resorts Private Limited
First City Resorts has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhas Vasantsa Kshatriya | Director | 17 Sep 1993 | 33 Years 1 Months | Current |
| Dhruv Suhas Kshatriya Also directs: First City Secure Technologies LLP | Director | 01 Jun 2004 | 22 Years 5 Months | Current |
Auditor
First City Resorts Private Limited is audited by PRASHANT KULKARNI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASHANT KULKARNI & CO | FY 2023 | 139507W |
Shareholding
The shareholding of First City Resorts Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of First City Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 2007 | 10043592 | Bank of Maharashtra | ₹1.32 Cr | Satisfied | |
| 22 Mar 2004 | 90160275 | Bank of Baroda | ₹50 Lakh | Satisfied | |
| 20 Apr 2000 | 90157468 | Bank of Baroda | ₹10 Lakh | Satisfied | |
| 20 Apr 2000 | 90159922 | Bank of Baroda | ₹20 Lakh | Satisfied | |
| 08 Mar 1994 | 90154935 | Bank of Baroda | ₹50 Lakh | Satisfied |
To see the full charge records of First City Resorts Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving First City 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 First City Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
First City Resorts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF3353L1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of First City Resorts Private Limited, buy the company report.
Recent activity
First City Resorts Private Limited has 2 board changes on record since 1993: 2 appointments. The latest: Dhruv Suhas Kshatriya was appointed as Director on 01 Jun 2004.
12 earlier events are in the company report.
Frequently asked questions
First City Resorts is an active private limited company based in Maharastra, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 17 September 1993 (33+ years old) and is registered under CIN U55200MH1993PTC073999.
First City Resorts has 2 current directors:
- Suhas Vasantsa Kshatriya - Director
- Dhruv Suhas Kshatriya - Director
The latest financial statements of First City Resorts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of First City Resorts is 27AAACF3353L1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of First City Resorts is U55200MH1993PTC073999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First City Resorts was incorporated on 17 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhruv Suhas Kshatriya was appointed as Director on 01 Jun 2004. Suhas Vasantsa Kshatriya was appointed as Director on 17 Sep 1993.
The registered office of First City Resorts is at 962 Bhikusa Lanemain Road Nasik, Maharastra, Maharashtra, India – 422001.
First City Resorts operates in the travel and hospitality industry, in the hotel and accommodation services segment.
First City Resorts has no open charges and satisfied charges of ₹4.12 Cr as per latest MCA filings.
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