Harihareshwara Associates Private Limited
About Harihareshwara Associates Private Limited
Data last updated:
Harihareshwara Associates Private Limited is a private limited company based in Davanagere, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 30 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1993PTC015083. Its GSTIN is 29AAACH6383E1ZH (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.85 Cr. It is led by directors including Krishnasa Bhute and Mallanayakanalli Siddappa Basappa.
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 No.310/2 A Block Devraj Urs Layout P B Road Davangere – 6, Davanagere, Karnataka, India – 577006.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.18 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹12.94 Lakh (net margin 3.1%) and EBITDA of ₹62.57 Lakh (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹2.25 Cr and satisfied charges of ₹2.25 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Harihareshwara Associates has one previous CIN (Corporate Identification Number): U85110KA1993PLC015083. The current CIN is U85110KA1993PTC015083, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1993PTC015083 | Current |
| U85110KA1993PLC015083 | Previous |
Contact details
Harihareshwara Associates Private Limited's registered office is in Davanagere, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.310/2 A Block Devraj Urs Layout P B Road Davangere – 6, Davanagere, Karnataka, India – 577006
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Harihareshwara Associates 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 Harihareshwara Associates 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 Harihareshwara Associates Private Limited, buy the company report.
Financials of Harihareshwara Associates Private Limited
FY 2025 filings availableHarihareshwara Associates Private Limited reported revenue of ₹4.18 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 6% growth in the latest year. EBITDA fell 3% 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 | ₹62.57 Lakh | ||||
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| Net Profit (PAT) | ₹12.94 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Harihareshwara Associates Private Limited, buy the company report.
Board of directors of Harihareshwara Associates Private Limited
Harihareshwara Associates has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnasa Bhute Also directs: Sevencube Packaging (India) Private Limited | Director | 26 Apr 2010 | 16 Years 6 Months | Current |
| Mallanayakanalli Siddappa Basappa | Director | 10 Jan 1994 | 32 Years 10 Months | Current |
| Aradhya Shama Iyanalli Srishail | Director | 31 Mar 2010 | 16 Years 7 Months | Current |
| Bhute Rajendra Krishnasa | Director | 05 May 2008 | 18 Years 6 Months | Current |
| Sevanthibai Krishnasa Bhute | Director | 25 Mar 1994 | 32 Years 7 Months | Current |
Peer comparison
Harihareshwara Associates Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (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 |
|---|---|---|---|---|---|---|
| Ishaan Hospitality Private Limited | ₹4.19 Cr (FY 2025) | 0.0% | Chandigarh, India | |||
| Evr Enterprises Private Limited | ₹4.19 Cr (FY 2025) | -28.0% | Hyderabad, Telangana, India | |||
| Harihareshwara Associates Private Limitedthis company | ₹4.18 Cr (FY 2025) | ₹12.94 Lakh | 3.1% | 6.0% | Davanagere, Karnataka, India | |
| Shri Shakti Resorts and Hotels Ltd. | ₹4.18 Cr (FY 2021) | -76.0% | Telangana, India | |||
| Enchanting Tales Hotels and Resorts Private Limited | ₹4.18 Cr (FY 2025) | 6.0% | Indore, Madhya Pradesh, India | |||
| Lupinus Hotel & Resorts Private Limited | ₹4.17 Cr (FY 2024) | 4.0% | Patna, Bihar, India |
To see the full peer comparison of Harihareshwara Associates Private Limited, buy the company report.
Auditor
Harihareshwara Associates Private Limited is audited by SANTHAPPA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANTHAPPA & CO | FY 2016 | 003564S |
Shareholding
The shareholding of Harihareshwara Associates Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Harihareshwara Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2019 | 100260768 | Others | ₹2.25 Cr | Open | |
| 18 Feb 2014 | 10493890 | Pragathi Krishna Gramin Bank | ₹1.25 Cr | Satisfied | |
| 13 Oct 1997 | 80067454 | Co-Operative Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Harihareshwara Associates Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Harihareshwara Associates 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 Harihareshwara Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harihareshwara Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACH6383E1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harihareshwara Associates Private Limited, buy the company report.
Recent activity
Harihareshwara Associates Private Limited has 9 board changes on record since 1994: 5 appointments and 4 cessations. The latest: Ganapathi Rao Seshappa Bongale ceased to be Director on 13 Jul 2019.
5 earlier events are in the company report.
Frequently asked questions
Harihareshwara Associates is an active private limited company based in Davanagere, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 30 December 1993 (33+ years old) and is registered under CIN U85110KA1993PTC015083.
Harihareshwara Associates has 5 current directors:
- Krishnasa Bhute - Director
- Mallanayakanalli Siddappa Basappa - Director
- Aradhya Shama Iyanalli Srishail - Director
- Bhute Rajendra Krishnasa - Director
- Sevanthibai Krishnasa Bhute - Director
The latest financial statements of Harihareshwara Associates 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 Harihareshwara Associates is 29AAACH6383E1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Harihareshwara Associates is U85110KA1993PTC015083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harihareshwara Associates was incorporated on 30 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Harihareshwara Associates by revenue are Ishaan Hospitality Private Limited, Evr Enterprises Private Limited, Shri Shakti Resorts and Hotels Ltd, Enchanting Tales Hotels and Resorts Private Limited, Lupinus Hotel & Resorts Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Ganapathi Rao Seshappa Bongale ceased to be Director on 13 Jul 2019. Krishnasa Bhute was appointed as Director on 26 Apr 2010. Aradhya Shama Iyanalli Srishail was appointed as Director on 31 Mar 2010. Harihareshwara Associates has 9 board changes on record in total.
The registered office of Harihareshwara Associates is at No.3102 A Block Devraj Urs Layout P B Road Davangere – 6, Davanagere, Karnataka, India – 577006.
Harihareshwara Associates operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Harihareshwara Associates has open charges of ₹2.25 Cr and satisfied charges of ₹2.25 Cr as per latest MCA filings.
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