Highway Star Rest and Recreation Private Limited

Highway Star Rest and Recreation Private Limited - travel and hospitality in Kolar, Karnataka, India. FY 2026 financials & compliance.
CIN U55101KA2012PTC065475 Incorporated 22 August 2012 ROC Bangalore HQ Kolar, Karnataka, India
Active Private Limited Company travel and hospitality MSME · Small
Data last updated
Revenue · FY 2024
₹11.86 Cr
▲ 12% YoY
Net loss · FY 2024
₹1.68 Cr
Net margin -14.1%
EBITDA · FY 2024
₹43.6 Lakh
EBITDA margin 3.7%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9 Cr
Issued & subscribed
Open charges
₹3.5 Cr
Satisfied ₹13.95 Cr
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Highway Star Rest and Recreation Private Limited

Data last updated:

Highway Star Rest and Recreation Private Limited is a private limited company based in Kolar, Karnataka, India. It operates in the guest houses and budget stays segment of the travel and hospitality sector. It was incorporated on 22 August 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2012PTC065475. Its GSTIN is 29AACCH9932R1ZN (Karnataka).

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9 Cr. It is led by directors Poornima Sathyanarayanan (Managing Director) and Sathya Narayanan.

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 Sy No. 11 And 12 NH – 75 Ajjappanahalli Village, Huttur Hobli Near To Vadugur Gate Kolar Highway, Karnataka, India – 563101.

As per the financials filed for FY 2024, the company reported a revenue of ₹11.86 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹1.68 Cr (net margin -14.1%) and EBITDA of ₹43.6 Lakh (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.

As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹13.95 Cr on record. Court records list 10 cases involving the company, including 10 filed against it.

Highway Star Rest and Recreation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-19-0002584). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U55101KA2012PTC065475
Registration Number 065475
Incorporation Date 22 August 2012
ROC Bangalore
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-KR-19-0002584
Key People
Poornima Sathyanarayanan Managing Director Sathya Narayanan Director

Recognitions & Rankings of Highway Star Rest and Recreation

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-19-0002584

Contact details

Highway Star Rest and Recreation Private Limited's registered office is in Kolar, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Sy No. 11 And 12 NH – 75 Ajjappanahalli Village, Huttur Hobli Near To Vadugur Gate Kolar Highway, Karnataka, India – 563101
  • Industry
    Travel and Hospitality, Guest Houses & Budget Stays

To see the full contact details of Highway Star Rest and Recreation Private Limited, buy the company report.

Comprehensive company report
Highway Star Rest and Recreation 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 Highway Star Rest and Recreation is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Highway Star Rest and Recreation Private Limited, buy the company report.

Financials of Highway Star Rest and Recreation Private Limited

FY 2024 filings available

Highway Star Rest and Recreation Private Limited reported revenue of ₹11.86 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹11.86 Cr ▲ 12%
Net loss · FY 2024
₹1.68 Cr margin -14.1%
EBITDA · FY 2024
₹43.6 Lakh margin 3.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 20%
5 years · compounded
▼ 4%

Revenue rose 12% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 56% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹43.6 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.68 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.7%
Net Profit Margin-14.1%
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 Highway Star Rest and Recreation Private Limited, buy the company report.

Board of directors of Highway Star Rest and Recreation Private Limited

Highway Star Rest and Recreation has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Poornima Sathyanarayanan
Also directs: Rhapso Fashion Tech India Private Limited, CPS Mobility Services Private Limited, Building Control Solutions India Private Limited
Managing Director22 Aug 201214 Years 2 MonthsCurrent
Sathya Narayanan
Also directs: Rhapso Fashion Tech India Private Limited, CPS Mobility Services Private Limited, Building Control Solutions India Private Limited
Director22 Aug 201214 Years 2 MonthsCurrent
View all directors

Auditor

Highway Star Rest and Recreation Private Limited is audited by C N Raju and Company for the financial year 2023.

Auditor firmFinancial yearFirm registration number
C N Raju and CompanyFY 2023011877S

Shareholding

The shareholding of Highway Star Rest and Recreation 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Highway Star Rest and Recreation Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.5 Cr
Satisfied charges
₹13.95 Cr
Breakdown by lending institutions
Yes Bank Limited₹5.50 Cr
State Bank of Mysore₹4.95 Cr
State Bank of India₹3.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Dec 2022100662576State Bank of India₹3.5 CrSatisfied
13 Mar 2019100252474Yes Bank Limited₹5.5 CrSatisfied
24 May 201410506852State Bank of Mysore₹4.95 CrSatisfied

To see the full charge records of Highway Star Rest and Recreation Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Highway Star Rest and Recreation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Highway Star Rest and Recreation has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCH9932R1ZNKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Highway Star Rest and Recreation Private Limited, buy the company report.

Recent activity

Highway Star Rest and Recreation Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Poornima Sathyanarayanan was appointed as Managing Director on 22 Aug 2012.

Charges
A charge registered on 14 Dec 2022 via Charge ID 100662576 with State Bank Of India was fully satisfied on 10 Sep 2025.
AGM
Highway Star Rest And Recreation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 13 Mar 2019 via Charge ID 100252474 with Yes Bank Limited was fully satisfied on 13 Sep 2024.
Filing
Highway Star Rest And Recreation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 3.50 Cr registered on 14 Dec 2022 with Charge ID 100662576 was modified on 06 Jan 2023.
Charges
A charge with State Bank Of India amounted to Rs. 3.50 Cr with Charge ID 100662576 was registered on 14 Dec 2022.
Charges
A charge registered on 24 May 2014 via Charge ID 10506852 with State Bank Of Mysore was fully satisfied on 15 Mar 2019.
Charges
A charge with Yes Bank Limited amounted to Rs. 5.50 Cr with Charge ID 100252474 was registered on 13 Mar 2019.
Charges
A charge with State Bank Of Mysore of Rs. 4.95 Cr registered on 24 May 2014 with Charge ID 10506852 was modified on 10 Aug 2015.
Charges
A charge with State Bank Of Mysore amounted to Rs. 4.95 Cr with Charge ID 10506852 was registered on 24 May 2014.
Appointed
Poornima Sathyanarayanan was appointed as Managing Director.
Appointed
Sathya Narayanan was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Highway Star Rest and Recreation is an active private limited company based in Kolar, Karnataka, India. The company works in guest houses and budget stays, within the travel and hospitality industry. It was incorporated on 22 August 2012 (14+ years old) and is registered under CIN U55101KA2012PTC065475.

Highway Star Rest and Recreation has 2 current directors:

The latest financial statements of Highway Star Rest and Recreation 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 Highway Star Rest and Recreation is 29AACCH9932R1ZN, registered in Karnataka.

The CIN (Corporate Identification Number) of Highway Star Rest and Recreation is U55101KA2012PTC065475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Highway Star Rest and Recreation has 10 court cases on record: 10 filed against it.

Highway Star Rest and Recreation was incorporated on 22 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.

Poornima Sathyanarayanan was appointed as Managing Director on 22 Aug 2012. Sathya Narayanan was appointed as Director on 22 Aug 2012.

Yes, Highway Star Rest and Recreation is registered as a small enterprise under Udyam registration (number: UDYAM-KR-19-0002584).

The registered office of Highway Star Rest and Recreation is at Sy No. 11 And 12 NH – 75 Ajjappanahalli Village, Huttur Hobli Near To Vadugur Gate Kolar Highway, Karnataka, India – 563101.