About Hotel Horizon Private Limited
Data last updated:
Hotel Horizon Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 07 December 1968.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1968PTC014157. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Pravin Rameshwar Navandar (Irp/Rp/Liquidator) and Vishal Harish Sharma.
Its last annual general meeting (AGM) was held on 30 November 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹46 Lakh, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Lakh (net margin 3.2%) and EBITDA of ₹12.29 Lakh (EBITDA margin 26.7%).
As per MCA filings, the company has open charges of ₹1,018.72 Cr on record. Court records list 261 cases involving the company, including 107 filed by the company and 156 filed against it; 92 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹5.1 Cr; the latest was in October 2010.
The last known website on record is hotelhorizon.net.
Company details
Contact details
Hotel Horizon Private Limited's registered office is in Mumbai, Maharashtra. Its website is hotelhorizon.net. Its e-mail address is in the company report.
- Email
- Website
- Registered Address37 Juhu Beach, India, Mumbai, Maharashtra, India – 400049
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Hotel Horizon 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
Financials of Hotel Horizon Private Limited
FY 2015 filings availableHotel Horizon Private Limited reported revenue of ₹46 Lakh (up 57% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 57% in the latest year. EBITDA fell 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹46 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹12.29 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.45 Lakh |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 26.7% |
| Net Profit Margin | 3.2% |
| 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 Hotel Horizon Private Limited, buy the company report.
Board of directors of Hotel Horizon Private Limited
Hotel Horizon has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Rameshwar Navandar | Irp/Rp/Liquidator | 25 Apr 2025 | 1 Years 6 Months | As last reported |
| Vishal Harish Sharma Also directs: Horizon Realty Private Limited | Director | 11 Jan 1992 | 34 Years 9 Months | As last reported |
| Sagar Harish Sharma Also directs: Horizon Realty Private Limited | Director | 03 Dec 1991 | 34 Years 10 Months | As last reported |
Auditor
Hotel Horizon Private Limited is audited by Shabbir & Rita Associates LLP for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shabbir & Rita Associates LLP | FY 2015 | 109420W |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2016 | 100045884 | Idbi Trusteeship Services Limited | ₹23.93 Cr | Open | |
| 05 Jan 2016 | 10611141 | Others | ₹100 Cr | Open | |
| 01 Jun 2012 | 10359204 | Others | ₹279.79 Cr | Open | |
| 30 Apr 2012 | 10356712 | Others | ₹25 Cr | Open | |
| 30 Mar 2012 | 10350831 | Others | ₹326 Cr | Open |
To see the full charge records of Hotel Horizon Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Hotel Horizon Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹5.1 Cr; the latest was in October 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2010 | Funding round | ₹5.1 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hotel Horizon Private Limited has 261 court cases on record: 107 filed by Hotel Horizon, 156 filed against it. 92 cases are pending and 169 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 116 | 50 | 68 |
| High courts | 95 | 73 | 14 |
| NCLAT | 33 | 25 | 9 |
| NCLT | 11 | 5 | 0 |
| Supreme Court | 6 | 3 | 1 |
Cases on record (5 of 261)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by JM Financial Asset Reconstruction Company Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Union Bank of India | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Nina Concrete Systems Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against I Think Fitness Private Limited and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Vino Villa Ventures Private Limited and 4 others | Pending |
To see the full case history of Hotel Horizon 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
No delayed payments to MSME suppliers are on our record for Hotel Horizon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hotel Horizon has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hotel Horizon Private Limited, buy the company report.
Recent activity
Hotel Horizon Private Limited has 5 board changes on record since 1991: 3 appointments and 2 cessations. The latest: Pravin Rameshwar Navandar was appointed as Irp/Rp/Liquidator on 25 Apr 2025.
13 earlier events are in the company report.
News
Frequently asked questions
Hotel Horizon is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Hotel Horizon is a company under insolvency, formerly operating as a 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 07 December 1968 and is registered under CIN U55101MH1968PTC014157. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Hotel Horizon has 3 current directors:
- Vishal Harish Sharma - Director
- Sagar Harish Sharma - Director
- Pravin Rameshwar Navandar - Irp/Rp/Liquidator
The latest financial statements of Hotel Horizon on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 November 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Hotel Horizon is U55101MH1968PTC014157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hotel Horizon has open charges of ₹1,018.72 Cr and no satisfied charges on record as per latest MCA filings.
Hotel Horizon has 261 court cases on record: 107 filed by the company and 156 filed against it. 92 are pending. Most are in the district courts.
Hotel Horizon was incorporated on 07 December 1968. It is registered with the Registrar of Companies, Mumbai.
Hotel Horizon has 1 deal on record (1 funding round), with disclosed funding of ₹5.1 Cr; the latest was in October 2010.
Pravin Rameshwar Navandar was appointed as Irp/Rp/Liquidator on 25 Apr 2025. Rohit Ramesh Mehra ceased to be Irp/Rp/Liquidator on 25 Apr 2025. Nirmal Khetan ceased to be Director on 23 Jan 2014. Hotel Horizon has 5 board changes on record in total.