
About Frotels Private Limited
Data last updated:
Frotels Private Limited is a private limited company based in Vasai West, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 21 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC283958. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Priyanka Rajendra Kothmire and Rajendra Vasant Kothmire.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at B – 2 Flat No. 208 Queens Park Chs Azad Road Parnaka, Vasai West, Maharashtra, India – 401201.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.84 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.07 Lakh (net margin 26%) and EBITDA of ₹4.34 Lakh (EBITDA margin 36.7%).
The company is associated with 1 brand: Frotels.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frotels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressB – 2 Flat No. 208 Queens Park Chs Azad Road Parnaka, Vasai West, Maharashtra, India – 401201
- IndustryInternet, Online Service Marketplaces
- 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
Associated Brands with Frotels Private Limited
Frotels operates one associated brand: Frotels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital hub for booking hotels on an hourly basis. | frotels.com |
Competitors & Alternatives of Frotels Private Limited
Brands and companies operating in the same space as Frotels Private Limited include Bag2Bag, BreviStay, Mistay and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Hotel accommodations are booked through an AI-powered time-based platform. | Bengaluru, India | 2019 |
| | Hourly hotel bookings are enabled through an app-based platform. | Noida, India | 2016 |
| | Online hotel booking platform that allows users to book hotel rooms based on time slots | Gurugram, India | 2016 |
| | Hourly hotel bookings are enabled through an online platform. | Ghaziabad, India | 2016 |
| | Online portal for hourly hotel booking | Delhi, India | 2014 |
| | Operates an online portal for convenient hourly hotel bookings and short-stay options. | Bengaluru, India | 2014 |
| | Operates a digital platform for hourly hotel bookings. | Delhi, India | 2016 |
| | Offers an app-based platform for booking hourly hotel accommodations. | Kolkata, India | 2019 |
Business Activity of Frotels Private Limited
The main business activity of Frotels is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| 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 Frotels Private Limited
Frotels Private Limited is audited by AMIT L MHATRE & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMIT L MHATRE & CO | 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 Frotels Private Limited
Frotels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Vasant Kothmire | Additional Director | 27 Nov 2018 | 7 Years 10 Months | Current |
| Priyanka Rajendra Kothmire | Director | 21 Jul 2016 | 10 Years 2 Months | Current |
Financials of Frotels Private Limited FY 2019 filings available
Frotels Private Limited reported revenue of ₹11.84 Lakh (up 769% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Frotels Private Limited
Revenue rose 769% in the latest year. EBITDA rose 142% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Frotels Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹11.84 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹4.34 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.07 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 of Frotels Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 36.7% | •••• | •••• |
| Net Profit Margin | 26% | •••• | •••• |
| 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 Frotels are in the company report.
Financial statements from FY 2017
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 Frotels 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 Frotels Private Limited
Frotels Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Frotels Private Limited
Employment history and EPFO contributions of people linked to Frotels.
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 Frotels Private Limited
Frotels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Frotels 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 Frotels 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 Frotels 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 Frotels 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 Frotels Private Limited
Frequently Asked Questions about Frotels Private Limited
Frotels is an active private limited company based in Vasai West, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 21 July 2016 (10+ years old) and is registered under CIN U74999MH2016PTC283958.
Frotels reported revenue of ₹11.84 Lakh for FY 2019 (up 769% YoY).
Frotels has 2 current directors:
- Rajendra Vasant Kothmire - Additional Director
- Priyanka Rajendra Kothmire - Director
Frotels reported a net profit of ₹3.07 Lakh (net margin 26%) and EBITDA of ₹4.34 Lakh (EBITDA margin 36.7%) for FY 2019, as per its filed financial statements.
No. Frotels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Frotels is U74999MH2016PTC283958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frotels was incorporated on 21 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Yes, Frotels is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Frotels can be reached through the website frotels.com. Its registered office is in Vasai West, Maharashtra, India.