About Funbars Hospitality Private Limited
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Funbars Hospitality Private Limited is a private limited company based in Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 18 February 2014.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55103DL2014PTC284977. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.51 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Rakesh Pokhriyal and Deepak Kaushik.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at A – 95 S/F Right Saide Gali No. 10 Chandr Vihar Mandawali, Delhi, India – 110092.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.53 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹61.99 Lakh (net margin -9.5%) and EBITDA of ₹23.67 Lakh (EBITDA margin 3.6%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending. The company has 7 deals on record (6 secondary share transfers, 1 rights issue); the latest was in December 2019. Its 4 peer companies in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 3 larger and 1 smaller; the largest is Prem Bhagat Hotels and Resorts Private Limited with revenue of ₹6.54 Cr.
The last known website on record is funbars.in.
Company details
CIN history
Funbars Hospitality has one previous CIN (Corporate Identification Number): U55103HR2014PTC051902. The current CIN is U55103DL2014PTC284977, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55103DL2014PTC284977 | Current |
| U55103HR2014PTC051902 | Previous |
Contact details
Funbars Hospitality Private Limited's registered office is in Delhi, Delhi. Its website is funbars.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 95 S/F Right Saide Gali No. 10 Chandr Vihar Mandawali, Delhi, India – 110092
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Funbars 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 Funbars Hospitality 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 Funbars Hospitality Private Limited, buy the company report.
Financials of Funbars Hospitality Private Limited
FY 2020 filings availableFunbars Hospitality Private Limited reported revenue of ₹6.53 Cr (down 66% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 66% fall in the latest year. EBITDA rose 109% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.53 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹61.99 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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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 | 3.6% | ||||
| Net Profit Margin | -9.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Funbars Hospitality Private Limited, buy the company report.
Board of directors of Funbars Hospitality Private Limited
Funbars Hospitality has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Pokhriyal | Director | 29 Mar 2019 | 7 Years 7 Months | As last reported |
| Deepak Kaushik | Director | 29 Mar 2019 | 7 Years 7 Months | As last reported |
| Anil Tayal | Irp/Rp/Liquidator | 05 Jul 2023 | 3 Years 3 Months | As last reported |
Peer comparison
Funbars Hospitality Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Hospitality, Hotels), 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 |
|---|---|---|---|---|---|---|
| Prem Bhagat Hotels and Resorts Private Limited | ₹6.54 Cr (FY 2024) | 2.0% | Jalandhar, Punjab, India | |||
| Jatia Proprietory Company Limited | ₹6.54 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Kanj Hotels Resorts (India) Private Limited | ₹6.53 Cr (FY 2019) | 137.0% | Jalore, Rajasthan, India | |||
| Funbars Hospitality Private Limitedthis company | ₹6.53 Cr (FY 2020) | -₹61.99 Lakh | -9.5% | -66.0% | 14 | Delhi, India |
| Infocity Club and Resort Private Limited | ₹6.53 Cr (FY 2025) | 37.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Funbars Hospitality Private Limited, buy the company report.
Auditor
Funbars Hospitality Private Limited is audited by SUBODH JAIN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBODH JAIN & CO | FY 2020 | 002992N |
Shareholding
The shareholding of Funbars Hospitality Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Funbars Hospitality Private Limited, buy the company report.
Deals & funding
Funbars Hospitality Private Limited has 7 deals on record (6 secondary share transfers, 1 rights issue); the latest was in December 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Funbars Hospitality Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Funbars Hospitality Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Civil suit | Filed against the company by M/S Keystone Solutions | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by an individual | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by M/S Ami Lal Satya Bhagwan | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by an individual | Disposed |
To see the full case history of Funbars Hospitality Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Funbars Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Funbars Hospitality Private Limited has a workforce of 14 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Funbars Hospitality has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Funbars Hospitality Private Limited, buy the company report.
Recent activity
Funbars Hospitality Private Limited has 12 board changes on record since 2015: 3 appointments and 9 cessations. The latest: Anil Tayal was appointed as Irp/Rp/Liquidator on 05 Jul 2023.
3 earlier events are in the company report.
Frequently asked questions
Funbars Hospitality is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Funbars Hospitality is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 18 February 2014 and is registered under CIN U55103DL2014PTC284977. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Funbars Hospitality has 3 current directors:
- Rakesh Pokhriyal - Director
- Deepak Kaushik - Director
- Anil Tayal - Irp/Rp/Liquidator
The latest financial statements of Funbars Hospitality on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Funbars Hospitality is U55103DL2014PTC284977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Funbars Hospitality has 6 court cases on record: 6 filed against it. 1 is pending. Most are in the district courts.
Funbars Hospitality was incorporated on 18 February 2014. It is registered with the Registrar of Companies, Delhi.
Funbars Hospitality has 7 deals on record (6 secondary share transfers, 1 rights issue); the latest was in December 2019.
The peers of Funbars Hospitality by revenue are Prem Bhagat Hotels and Resorts Private Limited, Jatia Proprietory Company Limited, Kanj Hotels Resorts (India) Private Limited, Infocity Club and Resort Private Limited, all in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Anil Tayal was appointed as Irp/Rp/Liquidator on 05 Jul 2023. Deepak Kaushik ceased to be Additional Director on 30 Sep 2019. Rakesh Pokhriyal ceased to be Additional Director on 30 Sep 2019. Funbars Hospitality has 12 board changes on record in total.
Funbars Hospitality can be reached through the website funbars.in. Its registered office is in Delhi, India.