
Indigo Hotels Pvt Ltd
About Indigo Hotels Pvt Ltd
Data last updated:
Indigo Hotels Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 04 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U35101PN1994PTC077503. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹56 Lakh. It is led by directors including Mahesh Laxman Dudhalkar (Managing Director) and Madhuri Mahesh Dhudhalkar.
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 Office No. 9 Second Floor Sankla Arcade Near Telephone Exchange Karve Road, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.84 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹1.35 Lakh (net margin -35.3%) and EBITDA of -₹1.35 Lakh (EBITDA margin -35.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over five years.
As per MCA filings, the company has open charges of ₹91.31 Lakh on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Indigo Hotels has one previous CIN (Corporate Identification Number): U35101MH1994PTC077503. The current CIN is U35101PN1994PTC077503, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35101PN1994PTC077503 | Current |
| U35101MH1994PTC077503 | Previous |
Contact details
Indigo Hotels Pvt Ltd's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 9 Second Floor Sankla Arcade Near Telephone Exchange Karve Road, Pune, Maharashtra, India – 411004
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Indigo Hotels Pvt Ltd, 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
Business activity
The main business activity of Indigo Hotels 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. |
Financials of Indigo Hotels Pvt Ltd
FY 2025 filings availableIndigo Hotels Pvt Ltd reported revenue of ₹3.84 Lakh (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 93% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.35 Lakh | ||||
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| Net Profit (PAT) | -₹1.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.3% | ||||
| Net Profit Margin | -35.3% | ||||
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To see the full financial statements and ratios of Indigo Hotels Pvt Ltd, buy the company report.
Board of directors of Indigo Hotels Pvt Ltd
Indigo Hotels has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhuri Mahesh Dhudhalkar Also directs: Adwiyash Ventures Private Limited | Director | 01 Jan 2008 | 18 Years 10 Months | Current |
| Mahesh Laxman Dudhalkar Also directs: Adikesh Infracon LLP | Managing Director | 19 Apr 2007 | 19 Years 6 Months | Current |
| Nimish Mahesh Dudhalkar Also directs: Adikesh Infracon LLP, Adwiyash Ventures Private Limited | Director | 15 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Indigo Hotels Pvt Ltd is compared with the 5 companies closest to it by revenue in the Consumer Services industry (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 |
|---|---|---|---|---|---|---|
| Golden Hut Hotel & Resorts Private Limited | ₹3.87 Lakh (FY 2025) | -69.0% | Jaipur, Rajasthan, India | |||
| Souvenir Hotels Private Limited | ₹3.84 Lakh (FY 2016) | Kolkata, West Bengal, India | ||||
| Indigo Hotels Pvt Ltdthis company | ₹3.84 Lakh (FY 2025) | -₹1.35 Lakh | -35.3% | -44.0% | Pune, Maharashtra, India | |
| Gyan Jaipur Private Limited | ₹3.84 Lakh (FY 2025) | 6.0% | Jaipur, Rajasthan, India | |||
| Goyal Buildestate Private Limited | ₹3.8 Lakh (FY 2025) | -96.0% | Jaipur, Rajasthan, India | |||
| Devatva Hospitality Private Limited | ₹3.8 Lakh (FY 2024) | -15.0% | Rishikesh, Uttarakhand, India |
To see the full peer comparison of Indigo Hotels Pvt Ltd, buy the company report.
Auditor
Indigo Hotels Pvt Ltd is audited by SANJAY N. PAWAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY N. PAWAR & ASSOCIATES | FY 2017 | 122769W |
Shareholding
The shareholding of Indigo Hotels Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indigo Hotels Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2023 | 100675042 | Others | ₹91.31 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Indigo Hotels Pvt Ltd has 5 court cases on record: 4 filed by Indigo Hotels, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Arbitration matter | Filed against the company by Maharashtra Tourism Development Corporation Ltd | Disposed |
| District court, Satara, Maharashtra | Commercial suit | Filed by the company against Maharashtra Tourism Development Corporation Through Its Managing Director | Pending |
| District court, Satara, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Maharashtra Tourism Development . Corp. Ltd. | Disposed |
| Bombay High Court | Court case (COAPP) | Filed by the company against an individual | Disposed |
To see the full case history of Indigo Hotels Pvt Ltd, 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 Indigo Hotels Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indigo Hotels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Indigo Hotels Pvt Ltd, buy the company report.
Recent activity
Indigo Hotels Pvt Ltd has 13 board changes on record since 2007: 3 appointments and 10 cessations. The latest: Ashok Hiralalji Karva ceased to be Director on 10 Dec 2015.
5 earlier events are in the company report.
Frequently asked questions
Indigo Hotels is an active private limited company based in Pune, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 04 April 1994 (32+ years old) and is registered under CIN U35101PN1994PTC077503.
Indigo Hotels has 3 current directors:
- Mahesh Laxman Dudhalkar - Managing Director
- Madhuri Mahesh Dhudhalkar - Director
- Nimish Mahesh Dudhalkar - Director
The latest financial statements of Indigo Hotels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Indigo Hotels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Indigo Hotels is U35101PN1994PTC077503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indigo Hotels has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Indigo Hotels was incorporated on 04 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Indigo Hotels by revenue are Golden Hut Hotel & Resorts Private Limited, Souvenir Hotels Private Limited, Gyan Jaipur Private Limited, Goyal Buildestate Private Limited, Devatva Hospitality Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Ashok Hiralalji Karva ceased to be Director on 10 Dec 2015. Nitin Manohar Karambelkar ceased to be Director on 10 Sep 2012. Chandrakant Shankar Pathak ceased to be Director on 22 Sep 2011. Indigo Hotels has 13 board changes on record in total.
The registered office of Indigo Hotels is at Office No. 9 Second Floor Sankla Arcade Near Telephone Exchange Karve Road, Pune, Maharashtra, India – 411004.
Indigo Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.

