
About Goan Hotels & Realty Private Limited
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Goan Hotels & Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Valor Estate Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 25 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2004PTC149219. Its GSTIN is 27AACCG4949F1ZI (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹78.25 Lakh. It was formerly known as Goan Hotels and Clubs Private Limited. It is led by directors including Satish Agarwal and Maryam Khan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹406.67 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹20.08 Cr (net margin -4.9%) and EBITDA of ₹65.97 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years.
The company has about 686 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,967 Cr and satisfied charges of ₹4,823.6 Cr on record. Court records list 40 cases involving the company, including 13 filed by the company and 27 filed against it; 9 cases are pending. The company has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹22.88 Cr; the latest was in January 2009. The company has 22 MSME Form 1 returns on record between 2019 and 2024, listing 123 overdue payments to 25 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dbg.co.in.
Company details
Contact details
Goan Hotels & Realty Private Limited's registered office is in Mumbai, Maharashtra. Its website is dbg.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7th Floor Resham Bhavan Veer Nariman Road, Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Goan Hotels & Realty 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 activities of Goan Hotels & Realty are accommodation and food service activities and construction. In detail, this covers accommodation, food and beverage service activities and construction of buildings. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation | |
| I | Accommodation and Food service activities | 56 | Food and beverage service activities | |
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Goan Hotels & Realty Private Limited, buy the company report.
Financials of Goan Hotels & Realty Private Limited
FY 2025 filings availableGoan Hotels & Realty Private Limited reported revenue of ₹406.67 Cr (up 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over three years, including 56% growth in the latest year. EBITDA fell 57% 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 | ₹65.97 Cr | ||||
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| Net Profit (PAT) | -₹20.08 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 16.2% | ||||
| Net Profit Margin | -4.9% | ||||
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To see the full financial statements and ratios of Goan Hotels & Realty Private Limited, buy the company report.
Board of directors of Goan Hotels & Realty Private Limited
Goan Hotels & Realty has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Agarwal Also directs: Innovation Erectors LLP, The Crescent Iron and Steel Corporation Ltd, DB Conglomerate Realty Private Limited and 5 more | Director | 21 Jan 2025 | 1 Years 9 Months | Current |
| Maryam Khan Also directs: Advent Hotels International Limited, Valor Estate Limited, Elegant Blue Apparel Private Limited and 4 more | Director | 15 Jun 2024 | 2 Years 4 Months | Current |
| Hifzurrehman Kadiwal Abdullah Also directs: Shiva Buildcon Private Limited, Shiva Multitrade Private Limited, Advent Convention and Hotels International Limited and 5 more | Director | 11 Jan 2014 | 12 Years 9 Months | Current |
Auditor
Goan Hotels & Realty Private Limited is audited by N. A. Shah Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. A. Shah Associates LLP | FY 2024 | 116560W |
Shareholding
The shareholding of Goan Hotels & Realty Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goan Hotels & Realty Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2018 | 100191994 | Others | ₹1,100 Cr | Open | |
| 19 Apr 2018 | 100211869 | Others | ₹100 Cr | Open | |
| 30 Mar 2017 | 100102965 | Others | ₹35 Cr | Open | |
| 23 Sep 2011 | 10314069 | Yes Bank Limited | ₹232 Cr | Open | |
| 22 Sep 2011 | 10314071 | Others | ₹500 Cr | Open |
To see the full charge records of Goan Hotels & Realty Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Goan Hotels & Realty Private Limited has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹22.88 Cr; the latest was in January 2009.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2009 | Funding round | ₹22.88 Cr | Investors: Marine Drive Hospitality & Realty Private Limited |
| Mar 2007 | Acquisition | ₹39.69 Cr | Buyer: Marine Drive Hospitality & Realty Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Goan Hotels & Realty Private Limited has 40 court cases on record: 13 filed by Goan Hotels & Realty, 27 filed against it. 9 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 19 | 7 |
| District courts | 9 | 8 | 1 |
| Supreme Court | 4 | 0 | 1 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GOA | Court case (AAR) | Filed against the company by Pci Pest Control Pvt. Ltd., Rep. by Its Branch Manager, Vijay G. Kataria | Pending |
| Bombay High Court | Writ petition | Filed by the company against Goan Recreation Clubs Pvt. Ltd., THR. Its Aut. Rep., Atul Kokas. and 1 other | Pending |
| High Court, GOA | Court case (AAR) | Filed against the company by Pci Pest Control Pvt. Ltd., Rep. by Its Branch Manager, Vijay G. Kataria | Disposed |
| High Court, GOA | Court case (AAR) | Filed against the company by Peregrine Guarding Pvt. Ltd., THR. Its Regional Manager, Robin Sharma | Disposed |
| Bombay High Court | Court case (AAR) | Filed against the company by Peregrine Guarding Pvt. Ltd., THR. Its Regional Manager, Robin Sharma | Disposed |
To see the full case history of Goan Hotels & Realty 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
Goan Hotels & Realty Private Limited has 22 MSME Form 1 returns on record between 2019 and 2024, listing 123 overdue payments to 25 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Arihant Trading Corporation | |||
| an individual supplier | |||
| Parsekar Foods | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Goan Hotels & Realty Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Goan Hotels & Realty Private Limited has a workforce of 686 employees on its EPFO records as of Jan 30, 2025, across 2 active EPFO establishments.
GST
Goan Hotels & Realty has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG4949F1ZI | Maharashtra | Active | 01 Jul 2017 |
| 30AACCG4949F1ZV | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goan Hotels & Realty Private Limited, buy the company report.
Recent activity
Goan Hotels & Realty Private Limited has 18 board changes on record since 2006: 3 appointments and 15 cessations. The latest: Satish Agarwal ceased to be Additional Director on 29 Sep 2025.
39 earlier events are in the company report.
Frequently asked questions
Goan Hotels & Realty is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 25 October 2004 (22+ years old) and is registered under CIN U55101MH2004PTC149219.
Goan Hotels & Realty has 3 current directors:
- Satish Agarwal - Director
- Maryam Khan - Director
- Hifzurrehman Kadiwal Abdullah - Director
The latest financial statements of Goan Hotels & Realty on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Goan Hotels & Realty is 27AACCG4949F1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AACCG4949F1ZV (Goa).
The CIN (Corporate Identification Number) of Goan Hotels & Realty is U55101MH2004PTC149219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goan Hotels & Realty has 40 court cases on record: 13 filed by the company and 27 filed against it. 9 are pending. Most are in the high courts.
Goan Hotels & Realty was incorporated on 25 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Goan Hotels & Realty has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹22.88 Cr; the latest was in January 2009.
Satish Agarwal ceased to be Additional Director on 29 Sep 2025. Satish Agarwal was appointed as Director on 21 Jan 2025. Maryam Khan ceased to be Additional Director on 29 Sep 2024. Goan Hotels & Realty has 18 board changes on record in total.
Goan Hotels & Realty has 22 MSME Form 1 returns on record between 2019 and 2024, listing 123 overdue payments to 25 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Goan Hotels & Realty can be reached through the website dbg.co.in. Its registered office is in Mumbai, Maharashtra, India.

