MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0028928
Hotel Shashi Pvt Ltd
Hotel Shashi Pvt Ltd - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.25 Cr
▲ 21% YoY
Net profit · FY 2025
₹28.36 Lakh
Net margin 3.1%
EBITDA · FY 2025
₹91.53 Lakh
EBITDA margin 9.9%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹19.77 Lakh
Issued & subscribed
Open charges
₹2.47 Cr
Satisfied ₹90 Lakh
Company age
41 yrs
Est. 1985
Directors on board
4
As per MCA filings
About Hotel Shashi Pvt Ltd
Data last updated:
Hotel Shashi Pvt Ltd 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 08 October 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1985PTC037672. Its GSTIN is 27AAACH0458G1ZT (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹19.77 Lakh. It is led by directors including Jagdish Dhirajlal Khakhar (Managing Director) and Sonali Ajay Khakhar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 325 Gem Star Commercial Complex Ramchandra Lane Extention Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.25 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹28.36 Lakh (net margin 3.1%) and EBITDA of ₹91.53 Lakh (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹2.47 Cr and satisfied charges of ₹90 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹29.2 Lakh; the latest was in March 2019. Its 10 peer companies in the Consumer Services industry (Hotels) are compared by revenue, 5 larger and 5 smaller; the largest is Sea Lagoon Hotels Private Limited with revenue of ₹9.26 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier.
Hotel Shashi Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0028928). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Hotel Shashi Pvt Ltd
CIN U55101MH1985PTC037672
Registration Number 037672
Incorporation Date 08 October 1985
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0028928
Key People
Jagdish Dhirajlal Khakhar Managing Director Sonali Ajay Khakhar Director Pradip Dhirajlal Khakhar Director Recognitions & Rankings of Hotel Shashi
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address325 Gem Star Commercial Complex Ramchandra Lane Extention Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryTravel and Hospitality, Hotel & Accommodation Services
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Business Activity of Hotel Shashi Pvt Ltd
The main business activity of Hotel Shashi is accommodation and food service activities. In detail, this covers accommodation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Hotel Shashi Pvt Ltd FY 2025 filings available
Hotel Shashi Pvt Ltd reported revenue of ₹9.25 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹9.25 Cr ▲ 21%
Net profit · FY 2025
₹28.36 Lakh margin 3.1%
EBITDA · FY 2025
₹91.53 Lakh margin 9.9%
Compounded Annual Growth Rate (CAGR) of Hotel Shashi Pvt Ltd
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 77%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 13%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 21% growth in the latest year. EBITDA rose 34% 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 Shashi Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹91.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.36 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 Shashi Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Shashi are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Hotel Shashi Pvt Ltd
Hotel Shashi has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonali Ajay Khakhar | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
| Jagdish Dhirajlal Khakhar | Managing Director | 09 Dec 1985 | 40 Years 10 Months | Current |
| Pradip Dhirajlal Khakhar | Director | 26 Mar 1987 | 39 Years 6 Months | Current |
| Arun Dhirajlal Khakhar | Director | 08 Oct 1985 | 41 Years 0 Months | Current |
Peer Comparison of Hotel Shashi Pvt Ltd
Hotel Shashi Pvt Ltd 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 |
|---|---|---|---|---|---|---|
| Sea Lagoon Hotels Private Limited | ₹9.26 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kochi, Kerala, India |
| Xperience India Hotels & Resorts Private Limited | ₹9.25 Cr (FY 2024) | •••• | •••• | 73.0% | •••• | New Delhi, Delhi, India |
| Lavasa Hotel Limited | ₹9.25 Cr (FY 2018) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Ambika Premises Pvt. Ltd. | ₹9.25 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | State Motor Garage, Jaipur, Rajasthan, India |
| Patria Hospitalities Private Limited | ₹9.25 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Rajkot, Gujarat, India |
| Hotel Shashi Pvt Ltd this company | ₹9.25 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Clover Hospitality Services Private Limited | ₹9.25 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Galgotias Hotels and Resorts Private Limited | ₹9.24 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | New Delhi, Delhi, India |
| Jain Bandhu Sneh Resorts Private Limited | ₹9.24 Cr (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Hiddendragon Hotels & Restro Private Limited | ₹9.23 Cr (FY 2019) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Tarawade Hotels Private Limited | ₹9.23 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hotel Shashi 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 Shashi Pvt Ltd
Hotel Shashi Pvt Ltd is audited by MANISH CHOKSHI & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANISH CHOKSHI & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Hotel Shashi Pvt Ltd
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hotel Shashi Pvt Ltd
Open charges
₹2.47 Cr
Satisfied charges
₹90 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2019 | Hdfc Bank Limited | ₹2.47 Cr | Open |
| 12 Jan 2000 | State Bank of India | ₹30 Lakh | Satisfied |
| 29 Feb 1988 | State Bank of India | ₹60 Lakh | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Hotel Shashi Pvt Ltd
Hotel Shashi Pvt Ltd has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹29.2 Lakh; the latest was in March 2019.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹29.2 Lakh
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
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Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Hotel Shashi Pvt Ltd
Hotel Shashi Pvt Ltd has 3 court cases on record: 2 filed by Hotel Shashi, 1 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 05 Oct 2026.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Satara, Maharashtra | Civil suit | Filed against the company by Novex Communication Private Ltd | Disposed |
| District court, Satara, Maharashtra | Civil suit | Filed by the company against Mshwar Giri. Mun. Council Th. the Chief Officer | Disposed |
| Supreme Court | Appeal | Filed by the company against an individual | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Hotel Shashi Pvt Ltd
Hotel Shashi Pvt Ltd has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Hotel Shashi Pvt Ltd
Employment history and EPFO contributions of people linked to Hotel Shashi.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Hotel Shashi Pvt Ltd
Hotel Shashi Pvt Ltd has 5 board changes on record since 1985: 4 appointments and 1 cessation. The latest: Sonali Ajay Khakhar was appointed as Director on 30 Sep 2015.
AGM
Hotel Shashi Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 247.00 Lakh registered on 26 Mar 2019 with Charge ID 100263120 was modified on 03 May 2025.
Filing
Hotel Shashi Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 12 Jan 2000 via Charge ID 90213478 with State Bank Of India was fully satisfied on 01 Dec 2023.
Charges
A charge registered on 29 Feb 1988 via Charge ID 90211750 with State Bank Of India was fully satisfied on 01 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 247.00 Lakh with Charge ID 100263120 was registered on 26 Mar 2019.
Appointed
Sonali Ajay Khakhar was appointed as Director.
Ceased
Ajay Dhirajlal Khakhar ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 30.00 Lakh registered on 12 Jan 2000 with Charge ID 90213478 was modified on 04 Feb 2000.
Charges
A charge with State Bank Of India amounted to Rs. 30.00 Lakh with Charge ID 90213478 was registered on 12 Jan 2000.
Charges
A charge with State Bank Of India of Rs. 60.00 Lakh registered on 29 Feb 1988 with Charge ID 90211750 was modified on 10 Feb 1989.
Charges
A charge with State Bank Of India amounted to Rs. 60.00 Lakh with Charge ID 90211750 was registered on 29 Feb 1988.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hotel Shashi Pvt Ltd
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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Subsidiaries & Group Companies of Hotel Shashi Pvt Ltd
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Hotel Shashi Pvt Ltd
Hotel Shashi has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH0458G1ZT | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Hotel Shashi Pvt Ltd
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Hotel Shashi Pvt Ltd
Hotel Shashi 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 08 October 1985 (41+ years old) and is registered under CIN U55101MH1985PTC037672.
Hotel Shashi reported revenue of ₹9.25 Cr for FY 2025 (up 21% YoY).
Hotel Shashi has 4 current directors:
- Jagdish Dhirajlal Khakhar - Managing Director
- Sonali Ajay Khakhar - Director
- Pradip Dhirajlal Khakhar - Director
- Arun Dhirajlal Khakhar - Director
Hotel Shashi reported a net profit of ₹28.36 Lakh (net margin 3.1%) and EBITDA of ₹91.53 Lakh (EBITDA margin 9.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hotel Shashi is 77% over three years and 33% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hotel Shashi is 27AAACH0458G1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hotel Shashi is U55101MH1985PTC037672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hotel Shashi has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Hotel Shashi was incorporated on 08 October 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Hotel Shashi has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹29.2 Lakh; the latest was in March 2019.
The peers of Hotel Shashi by revenue are Sea Lagoon Hotels Private Limited, Xperience India Hotels & Resorts Private Limited, Lavasa Hotel Limited, Ambika Premises Pvt. Ltd, Patria Hospitalities Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Sonali Ajay Khakhar was appointed as Director on 30 Sep 2015. Ajay Dhirajlal Khakhar ceased to be Director on 21 Mar 2015. Pradip Dhirajlal Khakhar was appointed as Director on 26 Mar 1987. Hotel Shashi has 5 board changes on record in total.