MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-GA-02-0000232
Harp Resorts Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.9 Cr
▲ 15% YoY
Net profit · FY 2024
₹82.37 Lakh
Net margin 4.9%
EBITDA · FY 2024
₹2.74 Cr
EBITDA margin 16.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹5.15 Cr
Satisfied ₹2.18 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
39
Provident fund records
About Harp Resorts Private Limited
Data last updated:
Harp Resorts Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 28 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55100MH2005PTC157139. Its GSTIN is 30AABCH6211L1ZZ (Goa).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Himansu Ramanlal Ambalal Patel and Prince Martins.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G2 Akruti Centre Point MIDC Andheri East Central Road, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.9 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹82.37 Lakh (net margin 4.9%) and EBITDA of ₹2.74 Cr (EBITDA margin 16.2%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 1% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Baywatch Resort. As per MCA filings, the company has open charges of ₹5.15 Cr and satisfied charges of ₹2.18 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 4 cases are pending.
Harp Resorts Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0000232). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baywatchresort.in.
Company details
CIN U55100MH2005PTC157139
Registration Number 157139
Incorporation Date 28 October 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GA-02-0000232
Recognitions & Rankings of Harp Resorts
Contact details
Harp Resorts Private Limited's registered office is in Mumbai, Maharashtra. Its website is baywatchresort.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG2 Akruti Centre Point MIDC Andheri East Central Road, Mumbai, Maharashtra, India – 400093
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Harp Resorts Private Limited, buy the company report.
Comprehensive company report
Harp Resorts Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Harp Resorts operates one associated brand: Baywatch Resort. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Family-owned resort providing accommodations, dining, events, and wellness in Goa. | baywatchresort.in |
Business activity
The main business activity of Harp Resorts 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 Harp Resorts Private Limited, buy the company report.
Financials of Harp Resorts Private Limited
FY 2024 filings availableHarp Resorts Private Limited reported revenue of ₹16.9 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹16.9 Cr ▲ 15%
Net profit · FY 2024
₹82.37 Lakh margin 4.9%
EBITDA · FY 2024
₹2.74 Cr margin 16.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 56%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 37%
5 years · compounded
▲ 6%
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 30% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹82.37 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Harp Resorts Private Limited, buy the company report.
Board of directors of Harp Resorts Private Limited
Harp Resorts has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himansu Ramanlal Ambalal Patel | Director | 28 Oct 2005 | 21 Years 0 Months | Current |
| Prince Martins Also directs: Sanda Holidays LLP, Your Lifestyle Private Limited, Dennisink Villas Private Limited and 5 more | Director | 15 Apr 2024 | 2 Years 6 Months | Current |
| Ajit R Patel Also directs: Sanda Holidays LLP, Your Lifestyle Private Limited, Dennisink Villas Private Limited and 4 more | Director | 07 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Harp Resorts Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Hotels, Resorts), 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 |
|---|---|---|---|---|---|---|
| Ashoka Industries Limited | ₹17.04 Cr (FY 2024) | 12.0% | Bhubaneswar, Odisha, India | |||
| Harp Resorts Private Limitedthis company | ₹16.9 Cr (FY 2024) | ₹82.37 Lakh | 4.9% | 15.0% | 39 | Mumbai, Maharashtra, India |
| Das Brothers Agro Industries Pvt Ltd | ₹16.89 Cr (FY 2025) | 1.0% | Siliguri, West Bengal, India | |||
| Heavenly Hospitality Private Limited | ₹16.86 Cr (FY 2024) | -9.0% | Udaipur, Rajasthan, India | |||
| Savannah Lifestyle Private Limited | ₹16.83 Cr (FY 2023) | 70.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Harp Resorts Private Limited, buy the company report.
Auditor
Harp Resorts Private Limited is audited by D.V.R. Valauliker & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.V.R. Valauliker & Co. | FY 2023 | 111246W |
Shareholding
The shareholding of Harp 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 Harp Resorts Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.15 Cr
Satisfied charges
₹2.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Aug 2024 | 100964656 | Hdfc Bank Limited | ₹5.01 Cr | Open | |
| 26 Sep 2022 | 100620362 | Hdfc Bank Limited | ₹13.79 Lakh | Open | |
| 03 Nov 2007 | 10077351 | Canara Bank | ₹18.4 Lakh | Satisfied | |
| 13 Feb 2007 | 10040064 | Canara Bank | ₹2 Cr | Satisfied |
To see the full charge records of Harp Resorts Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Harp Resorts Private Limited has 5 court cases on record: 5 filed by Harp Resorts. 4 cases are pending and 1 is disposed.
Total cases
5
Filed by the company
5
Pending
4
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 3 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Original application | Filed by the company against Cube Art Events Pvt. Ltd. | Pending |
| District court, South Goa, Goa | Court case (SCS) | Filed by the company against an individual | Pending |
| High Court, GOA | Writ petition | Filed by the company against Union of India THR. Finance Secretary and 3 Ors and 3 others | Pending |
| District court, South Goa, Goa | Original application | Filed by the company against an individual | Disposed |
To see the full case history of Harp Resorts 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
Harp Resorts Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 732 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Zack Marketing India Private Limited | |||
| an individual supplier | |||
| Mruga Corporate Services Limited | |||
| Frostee Frozen Foods Private Limited |
To see the full MSME payment records of Harp Resorts Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Harp Resorts Private Limited has a workforce of 39 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Employee growth
5.41%
GST
Harp Resorts has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCH6211L1ZZ | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harp Resorts Private Limited, buy the company report.
Recent activity
Harp Resorts Private Limited has 8 board changes on record since 2005: 3 appointments and 5 cessations. The latest: Prince Martins ceased to be Additional Director on 29 Sep 2024.
AGM
Harp Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Prince Martins ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.01 Cr with Charge ID 100964656 was registered on 16 Aug 2024.
Appointed
Prince Martins was appointed as Director.
Filing
Harp Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100620362 was registered on 26 Sep 2022.
Ceased
Ajit R Patel ceased to be Additional Director.
Appointed
Ajit R Patel was appointed as Director.
Ceased
Sidney Tony Moraes ceased to be Director.
Charges
A charge registered on 13 Feb 2007 via Charge ID 10040064 with Canara Bank was fully satisfied on 13 Mar 2019.
Charges
A charge with Canara Bank of Rs. 2.00 Cr registered on 13 Feb 2007 with Charge ID 10040064 was modified on 26 Sep 2014.
Ceased
Sanjay Suryakant Naik ceased to be Additional Director.
6 earlier events are in the company report.
Frequently asked questions
Harp Resorts 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 28 October 2005 (21+ years old) and is registered under CIN U55100MH2005PTC157139.
Harp Resorts has 3 current directors:
- Himansu Ramanlal Ambalal Patel - Director
- Prince Martins - Director
- Ajit R Patel - Director
The latest financial statements of Harp Resorts on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Harp Resorts is 30AABCH6211L1ZZ, registered in Goa.
The CIN (Corporate Identification Number) of Harp Resorts is U55100MH2005PTC157139. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harp Resorts has 5 court cases on record: 5 filed by the company. 4 are pending. Most are in the district courts.
Harp Resorts was incorporated on 28 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Harp Resorts by revenue are Ashoka Industries Limited, Das Brothers Agro Industries Pvt Ltd, Heavenly Hospitality Private Limited, Savannah Lifestyle Private Limited, all in the Consumer Services industry (Hotels, Resorts), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Prince Martins ceased to be Additional Director on 29 Sep 2024. Prince Martins was appointed as Director on 15 Apr 2024. Ajit R Patel ceased to be Additional Director on 16 Dec 2020. Harp Resorts has 8 board changes on record in total.
Yes, Harp Resorts is registered as a small enterprise under Udyam registration (number: UDYAM-GA-02-0000232).
Harp Resorts has 7 MSME Form 1 returns on record between 2019 and 2023, listing 732 overdue payments to 14 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Harp Resorts can be reached through the website baywatchresort.in. Its registered office is in Mumbai, Maharashtra, India.