Icon Hospitality Private Limited

Icon Hospitality Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U55101KA2003PTC031516 Incorporated 28 January 2003 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company travel and hospitality MSME · Small
Data last updated
Revenue · FY 2025
₹30.5 Cr
▲ 13% YoY
Net profit · FY 2025
₹6 Cr
Net margin 19.7%
EBITDA · FY 2025
₹10.43 Cr
EBITDA margin 34.2%
Authorised capital
₹22.02 Cr
Registered with MCA
Paid-up capital
₹22.02 Cr
Issued & subscribed
Open charges
₹23.28 Cr
Satisfied ₹115.37 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
116
Provident fund records

About Icon Hospitality Private Limited

Data last updated:

Icon Hospitality Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Royal Orchid Hotels Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 28 January 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2003PTC031516. Its GSTIN is 29AABCI0850Q1Z6 (Karnataka).

The company has an authorised share capital of ₹22.02 Cr and a paid-up capital of ₹22.02 Cr. It is led by directors including Keshav Baljee (Managing Director) and Maurice Thomson Reddy.

Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at The Central Park No.47/1 Dickenson Road Bangalorte – 560 042., Bangalore, Karnataka, India – 560042.

As per the financials filed for FY 2025, the company reported a revenue of ₹30.5 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹6 Cr (net margin 19.7%) and EBITDA of ₹10.43 Cr (EBITDA margin 34.2%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 5% over five years.

The company has about 116 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Royal Orchid Hotels. As per MCA filings, the company has open charges of ₹23.28 Cr and satisfied charges of ₹115.37 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 1 case is pending.

Icon Hospitality Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0033932). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website royalorchidhotels.com.

Company details

CIN U55101KA2003PTC031516
Registration Number 031516
Incorporation Date 28 January 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Royal Orchid Hotels Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0033932
Key People
Keshav Baljee Managing Director Maurice Thomson Reddy Director Ranabir Shivaji Sanyal Company Secretary

Recognitions & Rankings of Icon Hospitality

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0033932

Contact details

Icon Hospitality Private Limited's registered office is in Bangalore, Karnataka. Its website is royalorchidhotels.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    royalorchidhotels.com
  • Social Media
  • Registered Address
    The Central Park No.47/1 Dickenson Road Bangalorte – 560 042., Bangalore, Karnataka, India – 560042
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Icon Hospitality Private Limited, buy the company report.

Comprehensive company report
Icon Hospitality 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Icon Hospitality operates one associated brand: Royal Orchid Hotels. Each brand links to its own profile.

BrandDescriptionWebsite
Royal Orchid Hotels
Owns and operates the Royal Orchid and Regenta group of hotelsroyalorchidhotels.com

Business activity

The main business activity of Icon Hospitality is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI1Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc.
IAccommodation and Food ServiceI2Food and beverage services provided by hotels, restaurants, caterers, etc.

To see the full business activity and turnover split of Icon Hospitality Private Limited, buy the company report.

Financials of Icon Hospitality Private Limited

FY 2025 filings available

Icon Hospitality Private Limited reported revenue of ₹30.5 Cr (up 13% YoY) for FY 2025.

Revenue · FY 2025
₹30.5 Cr ▲ 13%
Net profit · FY 2025
₹6 Cr margin 19.7%
EBITDA · FY 2025
₹10.43 Cr margin 34.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 40%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 96%
5 years · compounded
▲ 25%

Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 13% growth in the latest year. EBITDA rose 33% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹10.43 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin34.2%
Net Profit Margin19.7%
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 Icon Hospitality Private Limited, buy the company report.

Board of directors and KMP of Icon Hospitality Private Limited

Icon Hospitality Private Limited currently reports 3 directors and 1 key managerial person. 19 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Maurice Thomson Reddy
Also directs: Maruti Comforts & Inn Private Limited, Regenta Hotels Private Limited, A B Holdings Private Limited
Director07 Feb 20242 Years 9 MonthsCurrent
Ranabir Shivaji SanyalCompany Secretary24 Oct 201610 Years 0 MonthsCurrent
Keshav Baljee
Also directs: Kensington Villas LLP, Royal Orchid Hotels Limited, Ivy Aspire Consulting Private Limited and 1 more
Managing Director01 Oct 20224 Years 1 MonthsCurrent
Leena S PirgalDirector13 May 20251 Years 5 MonthsCurrent
View all directors and KMP

Peer comparison

Icon Hospitality Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jayaram Hotels Private Limited₹30.53 Cr (FY 2024)1.0%Puducherry, India
Icon Hospitality Private Limitedthis company₹30.5 Cr (FY 2025)₹6 Cr19.7%13.0%116Bangalore, Karnataka, India
Ansari Estate Private Limited₹30.35 Cr (FY 2024)-13.0%Mumbai, Maharashtra, India
SJ Colonisers Private Limited₹30.2 Cr (FY 2024)-16.0%Lucknow, Uttar Pradesh, India
Hotel Clark's (Varanasi) Limited.₹30.19 Cr (FY 2025)9.0%Uttar Pradesh, India

To see the full peer comparison of Icon Hospitality Private Limited, buy the company report.

Auditor

Icon Hospitality Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Walker Chandiok & Co LLPFY 2023001076N/N500013

Shareholding

The shareholding of Icon 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 categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Icon Hospitality Private Limited, buy the company report.

Charges & borrowings

Open charges
₹23.28 Cr
Satisfied charges
₹115.37 Cr
Breakdown by lending institutions
Axis Bank Limited₹23.28 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Nov 2023100831943Axis Bank Limited₹23.28 CrOpen
29 Apr 2022100575926Tata Capital Financial Services Limited₹22.97 CrSatisfied
14 Jul 2021100476071Others₹3.45 CrSatisfied
28 Aug 2020100373600Others₹3.45 CrSatisfied
26 Mar 2018100181403Others₹20 CrSatisfied

To see the full charge records of Icon Hospitality Private Limited, buy the company report.

Total charge records: 7 View all charges

Credit ratings & regulatory alerts

Icon Hospitality Private Limited was last rated by Icra on 04 Oct 2021.

Rating agencyRated onRating
Icra04 Oct 2021

To see the full credit ratings and regulatory alerts of Icon Hospitality Private Limited, buy the company report.

MSME payment delays

Icon Hospitality Private Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 18 overdue payments to 12 micro and small suppliers. 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 (5 of 12)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Bangalore Sea Foods
Indian Alert Security Services Private Limited

To see the full MSME payment records of Icon Hospitality Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Icon Hospitality Private Limited has a workforce of 116 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
116
Active EPFO establishments
1
Employee growth
18.37%

GST

Icon Hospitality has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCI0850Q1Z6KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Icon Hospitality Private Limited, buy the company report.

Recent activity

Icon Hospitality Private Limited has 22 board changes on record since 2012: 4 appointments and 18 cessations. The latest: Leena S Pirgal was appointed as Director on 13 May 2025.

AGM
Icon Hospitality Private Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Appointed
Leena S Pirgal was appointed as Director.
Filing
Icon Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited of Rs. 23.28 Cr registered on 29 Nov 2023 with Charge ID 100831943 was modified on 23 Dec 2024.
Charges
A charge registered on 29 Apr 2022 via Charge ID 100575926 with Tata Capital Financial Services Limited was fully satisfied on 16 Feb 2024.
Appointed
Maurice Thomson Reddy was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.28 Cr with Charge ID 100831943 was registered on 29 Nov 2023.
Ceased
Panemanalore Dayananda Pai ceased to be Director.
Ceased
Panemangalore Satish Pai ceased to be Director.
Ceased
Leena S Pirgal ceased to be Additional Director.
Ceased
Lilian Jessie Paul ceased to be Director.
Appointed
Keshav Baljee was appointed as Managing Director.

32 earlier events are in the company report.

News

Frequently asked questions

Icon Hospitality is an active private 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 28 January 2003 (23+ years old) and is registered under CIN U55101KA2003PTC031516.

Icon Hospitality has 4 current directors and KMP:

The latest financial statements of Icon Hospitality on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Icon Hospitality is 29AABCI0850Q1Z6, registered in Karnataka.

The CIN (Corporate Identification Number) of Icon Hospitality is U55101KA2003PTC031516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Icon Hospitality has 11 court cases on record: 5 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.

Icon Hospitality was incorporated on 28 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Icon Hospitality by revenue are Jayaram Hotels Private Limited, Ansari Estate Private Limited, SJ Colonisers Private Limited, Hotel Clark's (Varanasi) Limited, all in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).

Leena S Pirgal was appointed as Director on 13 May 2025. Maurice Thomson Reddy was appointed as Director on 07 Feb 2024. Panemanalore Dayananda Pai ceased to be Director on 04 Oct 2023. Icon Hospitality has 22 board changes on record in total.

Yes, Icon Hospitality is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0033932).

Icon Hospitality has 2 MSME Form 1 returns on record between 2021 and 2022, listing 18 overdue payments to 12 micro and small suppliers. The latest return was filed on 30 Apr 2022.

Icon Hospitality can be reached through the website royalorchidhotels.com. Its registered office is in Bangalore, Karnataka, India.