High Sky Hospitality Services Private Limited

High Sky Hospitality Services Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U55101KA2015PTC078790 Incorporated 11 February 2015 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company travel and hospitality MSME · Small
Revenue · FY 2020
₹7.62 Cr
▲ 27% YoY
Net loss · FY 2020
₹1.42 Cr
Net margin -18.7%
EBITDA · FY 2020
-₹73.88 Lakh
EBITDA margin -9.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.9 Lakh
Issued & subscribed
Open charges
₹43 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
21
Provident fund records

About High Sky Hospitality Services Private Limited

Data last updated:

High Sky Hospitality Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 11 February 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2015PTC078790. Its GSTIN is 29AADCH5869G1Z5 (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.9 Lakh. It is led by directors including Anwar Basha and Nivedita Biswas.

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 Khata No.590 Site No 10/1 1st Cross Beml Layout Tubarahalli, Bangalore, Karnataka, India – 560066.

As per the financials filed for FY 2020, the company reported a revenue of ₹7.62 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Cr (net margin -18.7%) and EBITDA of -₹73.88 Lakh (EBITDA margin -9.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.

The company has about 21 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹43 Lakh on record. Court records list 30 cases involving the company, including 30 filed against it; 16 cases are pending.

High Sky Hospitality Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0016568). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hsky.in.

Company details

CIN U55101KA2015PTC078790
Registration Number 078790
Incorporation Date 11 February 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0016568
Key People
Anwar Basha Director Nivedita Biswas Director Kaushik Das Director

Recognitions & Rankings of High Sky Hospitality Services

MSME (Udyam registered) Ministry of MSME
Category
Small (2021-22)
Udyam number
UDYAM-KR-03-0016568

Contact details

High Sky Hospitality Services Private Limited's registered office is in Bangalore, Karnataka. Its website is hsky.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    hsky.in
  • Social Media
  • Registered Address
    Khata No.590 Site No 10/1 1st Cross Beml Layout Tubarahalli, Bangalore, Karnataka, India – 560066
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of High Sky Hospitality Services Private Limited, buy the company report.

Comprehensive company report
High Sky Hospitality Services 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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Business activity

The main business activity of High Sky Hospitality Services is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI1Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc.

To see the full business activity and turnover split of High Sky Hospitality Services Private Limited, buy the company report.

Financials of High Sky Hospitality Services Private Limited

FY 2020 filings available

High Sky Hospitality Services Private Limited reported revenue of ₹7.62 Cr (up 27% YoY) for FY 2020.

Revenue · FY 2020
₹7.62 Cr ▲ 27%
Net loss · FY 2020
₹1.42 Cr margin -18.7%
EBITDA · FY 2020
-₹73.88 Lakh margin -9.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 205%
3 years · compounded
▼ 56%

Revenue has grown at a compounded annual rate (CAGR) of 24% over three years, including 27% growth in the latest year. EBITDA fell 205% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations₹7.62 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹73.88 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.42 Cr
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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-9.7%
Net Profit Margin-18.7%
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

To see the full financial statements and ratios of High Sky Hospitality Services Private Limited, buy the company report.

Board of directors of High Sky Hospitality Services Private Limited

High Sky Hospitality Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anwar BashaDirector09 Jan 20206 Years 10 MonthsCurrent
Nivedita BiswasDirector11 Feb 201511 Years 9 MonthsCurrent
Kaushik Das
Also directs: Red Phoenix Constructions Private Limited, Highsky Trading & Manufacturers Private Limited
Director11 Feb 201511 Years 9 MonthsCurrent
View all directors

Peer comparison

High Sky Hospitality Services 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Garcia Promoters & Developers Private Limited₹7.66 Cr (FY 2025)17.0%New Delhi, Delhi, India
High Sky Hospitality Services Private Limitedthis company₹7.62 Cr (FY 2020)-₹1.42 Cr-18.7%27.0%21Bangalore, Karnataka, India
VVV Hospitality Private Limited₹7.62 Cr (FY 2025)-4.0%Hyderabad, Telangana, India
Chef Bobby Foods Private Limited₹7.61 Cr (FY 2025)2.0%New Delhi, Delhi, India
Dayal Hospitality Private Limited₹7.61 Cr (FY 2025)5.0%Lucknow, Uttar Pradesh, India

To see the full peer comparison of High Sky Hospitality Services Private Limited, buy the company report.

Auditor

High Sky Hospitality Services Private Limited is audited by NIRMALA SREENIVASULU & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
NIRMALA SREENIVASULU & COFY 2020011445S

Shareholding

The shareholding of High Sky Hospitality Services Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of High Sky Hospitality Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹43 Lakh
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹0.43 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Sep 2018100204060Axis Bank Limited₹43 LakhOpen

To see the full charge records of High Sky Hospitality Services Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for High Sky Hospitality Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

High Sky Hospitality Services Private Limited has a workforce of 21 employees on its EPFO records as of Aug 2024, across 1 active EPFO establishment.

Employee count
21
Active EPFO establishments
1
Employee growth
5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2024-2521
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of High Sky Hospitality Services Private Limited, buy the company report.

GST

High Sky Hospitality Services has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AADCH5869G1Z5KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of High Sky Hospitality Services Private Limited, buy the company report.

Recent activity

High Sky Hospitality Services Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Anwar Basha was appointed as Director on 09 Jan 2020.

AGM
High Sky Hospitality Services Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 43.00 Lakh registered on 11 Sep 2018 with Charge ID 100204060 was modified on 30 Oct 2020.
Filing
High Sky Hospitality Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Appointed
Anwar Basha was appointed as Director.
Ceased
Koushik Krishnamurthy ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 43.00 Lakh with Charge ID 100204060 was registered on 11 Sep 2018.
Appointed
Kaushik Das was appointed as Director.
Appointed
Nivedita Biswas was appointed as Director.
Incorporation
11 Feb 2015
High Sky Hospitality Services Private Limited was registered on 11 Feb 2015 with Roc Bangalore & aged 11 years 9 months as per MCA records.

Frequently asked questions

High Sky Hospitality Services is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 11 February 2015 (11+ years old) and is registered under CIN U55101KA2015PTC078790.

High Sky Hospitality Services has 3 current directors:

The latest financial statements of High Sky Hospitality Services 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 GSTIN of High Sky Hospitality Services is 29AADCH5869G1Z5, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of High Sky Hospitality Services is U55101KA2015PTC078790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

High Sky Hospitality Services has 30 court cases on record: 30 filed against it. 16 are pending.

High Sky Hospitality Services was incorporated on 11 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of High Sky Hospitality Services by revenue are Garcia Promoters & Developers Private Limited, VVV Hospitality Private Limited, Chef Bobby Foods Private Limited, Dayal Hospitality 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.).

Anwar Basha was appointed as Director on 09 Jan 2020. Koushik Krishnamurthy ceased to be Director on 07 Jan 2020. Kaushik Das was appointed as Director on 11 Feb 2015. High Sky Hospitality Services has 4 board changes on record in total.

Yes, High Sky Hospitality Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0016568).

High Sky Hospitality Services can be reached through the website hsky.in. Its registered office is in Bangalore, Karnataka, India.