- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0203427

About Ibfw Hospitality Private Limited
Data last updated:
Ibfw Hospitality Private Limited 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 24 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC304640. Its GSTIN is 27AAECI7521B1ZW (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.38 Cr. It was formerly known as Ibfw Retail Private Limited. It is led by directors including Gautam Hemraj Chauhan and Prashant Ravindra Sawant.
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 409 Janki Centre Chs Ltd Off Veera Desai Road Near Jeevan Nagar Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2023, the company reported a revenue of ₹80.28 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.93 Cr (net margin 3.7%) and EBITDA of ₹4.75 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 248% over three years.
The company is associated with 2 brands: Aveda Hotels and IBFW Hospitality. As per MCA filings, the company has open charges of ₹32.38 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 36 cases involving the company, including 7 filed by the company and 29 filed against it; 14 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹49 Lakh; the latest was in March 2021. Its 4 peer companies in the Transport and Logistics industry (Events Management, Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 1 larger and 3 smaller; the largest is Saifco Hillcrest Hotels Private Limited with revenue of ₹80.58 Cr.
Ibfw Hospitality Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0203427). For more details, the company can be reached via its website ibfw.com.
Company details
Recognitions & Rankings of Ibfw Hospitality
Contact details
Ibfw Hospitality Private Limited's registered office is in Mumbai, Maharashtra. Its website is ibfw.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address409 Janki Centre Chs Ltd Off Veera Desai Road Near Jeevan Nagar Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Ibfw Hospitality 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
Brands
Ibfw Hospitality operates two associated brands: Aveda Hotels and IBFW Hospitality. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a direct-to-consumer brand specializing in wedding attire for men and women. | avedahotels.com | |
| Hospitality services encompassing meetings, events, sales, operations, and technology in India. | ibfw.com |
Business activity
The main business activity of Ibfw Hospitality is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Ibfw Hospitality Private Limited, buy the company report.
Financials of Ibfw Hospitality Private Limited
FY 2024 filings availableIbfw Hospitality Private Limited reported revenue of ₹80.28 Cr (up 293% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 248% over three years, including 293% growth in the latest year. EBITDA rose 129% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹80.28 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.93 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Ibfw Hospitality Private Limited, buy the company report.
Board of directors of Ibfw Hospitality Private Limited
Ibfw Hospitality has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Hemraj Chauhan Also directs: Ibfw Travels Private Limited, Blue Ride Digital Private Limited, Ibfw Technologies Private Limited and 2 more | Director | 24 Jan 2018 | 8 Years 9 Months | Current |
| Vijay Kumar Singh Also directs: Ibfw Travels Private Limited, Vci Hospitality Limited, Blue Ride Digital Private Limited and 5 more | Additional Director | 01 Dec 2021 | 4 Years 10 Months | Current |
| Prashant Ravindra Sawant Also directs: Ibfw Travels Private Limited, Ibfw Wedding Services Private Limited, Fashion One International Private Limited and 1 more | Director | 24 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Ibfw Hospitality Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Events Management, 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saifco Hillcrest Hotels Private Limited | ₹80.58 Cr (FY 2025) | 6.0% | Srinagar, Jammu and Kashmir, India | |||
| Ibfw Hospitality Private Limitedthis company | ₹80.28 Cr (FY 2023) | ₹2.93 Cr | 3.7% | 293.0% | Mumbai, Maharashtra, India | |
| Mashobra Resort Limited | ₹80.23 Cr (FY 2023) | 9.0% | Himachal Pradesh, India | |||
| Suba Hotels Limited | ₹79.98 Cr (FY 2025) | 51.0% | Ahmedabad, Gujarat, India | |||
| Unique Mercantile India Limited | ₹79.61 Cr (FY 2022) | 114.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Ibfw Hospitality Private Limited, buy the company report.
Auditor
Ibfw Hospitality Private Limited is audited by YRKDAJ & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YRKDAJ & ASSOCIATES LLP | FY 2023 | 100288W |
Shareholding
The shareholding of Ibfw Hospitality Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ibfw Hospitality Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2025 | 101140448 | Axis Bank Limited | ₹1.11 Cr | Open | |
| 31 Mar 2025 | 101088156 | Others | ₹17.18 Cr | Open | |
| 20 Feb 2025 | 101087062 | Others | ₹13 Cr | Open | |
| 24 Apr 2023 | 100743247 | Axis Bank Limited | ₹98.8 Lakh | Open | |
| 28 Dec 2022 | 100726306 | Hdfc Bank Limited | ₹5.27 Lakh | Open |
To see the full charge records of Ibfw Hospitality Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Ibfw Hospitality Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹49 Lakh; the latest was in March 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹87.5 Lakh | Investors: an individual |
| Aug 2018 | Funding round | ₹49 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ibfw Hospitality Private Limited has 36 court cases on record: 7 filed by Ibfw Hospitality, 29 filed against it. 14 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 29 | 14 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Ambit Finvest Pvt. Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Idfc First Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Giga Travelcations Private Limited and Others | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by M/S Pyramid Spaces Pvt Ltd - Sanjay Khaserao Dhumal | Disposed |
To see the full case history of Ibfw Hospitality 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 Ibfw Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ibfw Hospitality has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI7521B1ZW | Maharashtra | Active | 24 Sep 2018 |
| 08AAECI7521B1ZW | Rajasthan | Active | 16 Nov 2022 |
To see the full GST registrations and return filing status of Ibfw Hospitality Private Limited, buy the company report.
Recent activity
Ibfw Hospitality Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Rakesh Kumar Balmiky ceased to be Additional Director on 01 Dec 2021.
5 earlier events are in the company report.
Frequently asked questions
Ibfw Hospitality 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 24 January 2018 (8+ years old) and is registered under CIN U74999MH2018PTC304640.
Ibfw Hospitality has 3 current directors:
- Gautam Hemraj Chauhan - Director
- Vijay Kumar Singh - Additional Director
- Prashant Ravindra Sawant - Director
The latest financial statements of Ibfw Hospitality 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 FY 2018 are in the company report.
The GSTIN of Ibfw Hospitality is 27AAECI7521B1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAECI7521B1ZW (Rajasthan).
The CIN (Corporate Identification Number) of Ibfw Hospitality is U74999MH2018PTC304640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ibfw Hospitality has 36 court cases on record: 7 filed by the company and 29 filed against it. 14 are pending.
Ibfw Hospitality was incorporated on 24 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Ibfw Hospitality has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹49 Lakh; the latest was in March 2021.
The peers of Ibfw Hospitality by revenue are Saifco Hillcrest Hotels Private Limited, Mashobra Resort Limited, Suba Hotels Limited, Unique Mercantile India Limited, all in the Transport and Logistics industry (Events Management, Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Rakesh Kumar Balmiky ceased to be Additional Director on 01 Dec 2021. Vijay Kumar Singh was appointed as Additional Director on 01 Dec 2021. Vijay Kumar Singh ceased to be Director on 01 Apr 2019. Ibfw Hospitality has 6 board changes on record in total.
Yes, Ibfw Hospitality is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0203427).