About Hotel Paraag Limited
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Hotel Paraag Limited is a public 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 01 August 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51101KA1973PLC002373. Its GSTIN is 29AAACH4777J1Z4 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.86 Cr. It is led by directors including Ramesh Jannu Srinivas (Managing Director) and Pooja Ramesh Jannu.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 8 Cubban Road Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.88 Cr, a growth of 128% compared to the previous year. For the same year it recorded a net profit of ₹45.47 Lakh (net margin 6.6%) and EBITDA of ₹2.71 Cr (EBITDA margin 39.4%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.
The company is associated with 1 brand: Hotel Paraag. As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹78.06 Cr on record. Court records list 25 cases involving the company, including 14 filed by the company and 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website hotelparaag.com.
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- Website
- Social MediaLocked
- Registered AddressNo 8 Cubban Road Bangalore, Karnataka, India – 560001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
- One PDF report, delivered after checkout
Business Activity of Hotel Paraag Limited
The main business activity of Hotel Paraag is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hotel Paraag Limited FY 2023 filings available
Hotel Paraag Limited reported revenue of ₹6.88 Cr (up 128% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Hotel Paraag Limited
Revenue rose 128% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 332% 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 of Hotel Paraag Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹6.88 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹45.47 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 of Hotel Paraag Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hotel Paraag are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Hotel Paraag Limited
Hotel Paraag Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hotel Sheela Towers Private Limited | ₹6.91 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Sambalpur, Orissa, India |
| HRB Boarding and Lodgings Private Limited | ₹6.9 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| H R B Hotels Private Limited | ₹6.89 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Bangalore, Karnataka, India |
| Yogmaya Hostels Private Limited | ₹6.88 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Frank Leisure and Events Private Limited | ₹6.88 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Sarai Kale Khan, Delhi, India |
| Hotel Paraag Limited this company | ₹6.88 Cr (FY 2023) | •••• | •••• | 128.0% | •••• | Bangalore, Karnataka, India |
| GSB Hospitality Private Limited | ₹6.87 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Ludhiana, Punjab, India |
| Hotel Joyees Private Limited | ₹6.87 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Kottayam, Kerala, India |
| Agk Hotels International Private Limited | ₹6.87 Cr (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Saikia Developers Private Limited | ₹6.87 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Jorhat, Assam, India |
| Brahmaputra Jungle Resorts Private Limited | ₹6.87 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Guwahati, Assam, India |
Peers are the five companies nearest above and the five nearest below Hotel Paraag by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hotel Paraag Limited
Hotel Paraag Limited is audited by SREENIVASAN & GOVARDHAN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SREENIVASAN & GOVARDHAN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hotel Paraag Limited
Hotel Paraag has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suraj Srinivas Ramesh Jannu | Additional Director | 13 Apr 2019 | 7 Years 5 Months | Current |
| Ramesh Jannu Srinivas Also directs: RSJ Mega Hotels Private Limited | Managing Director | 01 Dec 1988 | 37 Years 10 Months | Current |
| Rashmi Ramesh Jannu | Additional Director | 10 Jan 2009 | 17 Years 8 Months | Current |
| Pooja Ramesh Jannu Also directs: RSJ Mega Hotels Private Limited | Director | 23 Oct 2017 | 8 Years 11 Months | Current |
| Rekha Ramesh Jannu Also directs: RSJ Mega Hotels Private Limited | Director | 27 Dec 1999 | 26 Years 9 Months | Current |
Ownership and Shareholding of Hotel Paraag Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hotel Paraag Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2025 | Others | ₹7.5 Cr | Open |
| 19 Nov 2007 | State Bank of India | ₹72 Cr | Satisfied |
| 06 Jan 2001 | Abudhabi Commercial Bank Limited | ₹6.06 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Hotel Paraag Limited
Hotel Paraag Limited has 25 court cases on record: 14 filed by Hotel Paraag, 3 filed against it, 8 where it is another party. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 1 | 0 |
| District courts | 5 | 2 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Solidaire India Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Commissioner | Disposed |
| High Court of Karnataka | Appeal | Company is another party | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against State Bank of India | Disposed |
Full case history
All 25 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Hotel Paraag Limited
Hotel Paraag operates one associated brand: Hotel Paraag. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides hotel rooms, dining options, and conferencing facilities in Bangalore. | hotelparaag.com |
Employees and EPFO Compliance at Hotel Paraag Limited
Employment history and EPFO contributions of people linked to Hotel Paraag.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Hotel Paraag Limited
Hotel Paraag has one previous CIN (Corporate Identification Number): U51101KA1973PTC002373. The current CIN is U51101KA1973PLC002373, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101KA1973PLC002373 | Current |
| U51101KA1973PTC002373 | Previous |
News related to Hotel Paraag Limited
Recent Activity on Hotel Paraag Limited
Hotel Paraag Limited has 7 board changes on record since 1988: 5 appointments and 2 cessations. The latest: Rashmi Ramesh Jannu ceased to be Additional Director on 15 Apr 2019.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hotel Paraag Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hotel Paraag Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hotel Paraag Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hotel Paraag Limited
Hotel Paraag has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACH4777J1Z4 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hotel Paraag Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hotel Paraag Limited
Hotel Paraag is an active public 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 01 August 1973 (53+ years old) and is registered under CIN U51101KA1973PLC002373.
Hotel Paraag reported revenue of ₹6.88 Cr for FY 2023 (up 128% YoY).
Hotel Paraag has 5 current directors:
- Ramesh Jannu Srinivas - Managing Director
- Suraj Srinivas Ramesh Jannu - Additional Director
- Rashmi Ramesh Jannu - Additional Director
- Pooja Ramesh Jannu - Director
- Rekha Ramesh Jannu - Director
Hotel Paraag reported a net profit of ₹45.47 Lakh (net margin 6.6%) and EBITDA of ₹2.71 Cr (EBITDA margin 39.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hotel Paraag is -15% over three years and -12% over five years. In the latest year (FY 2023) revenue rose 128%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hotel Paraag is 29AAACH4777J1Z4, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hotel Paraag is U51101KA1973PLC002373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hotel Paraag has 25 court cases on record: 14 filed by the company and 3 filed against it. Most are in the high courts.
Hotel Paraag was incorporated on 01 August 1973, making it 53+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hotel Paraag by revenue are Hotel Sheela Towers Private Limited, HRB Boarding and Lodgings Private Limited, H R B Hotels Private Limited, Yogmaya Hostels Private Limited, Frank Leisure and Events Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Rashmi Ramesh Jannu ceased to be Additional Director on 15 Apr 2019. Suraj Srinivas Ramesh Jannu was appointed as Additional Director on 13 Apr 2019. Pooja Ramesh Jannu was appointed as Director on 23 Oct 2017. Hotel Paraag has 7 board changes on record in total.