- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-03-0000571

About Inovoa Hotels and Resorts Limited
Data last updated:
Inovoa Hotels and Resorts Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Fleur Hotels Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 24 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65921DL1995PLC067686. Its GSTIN is 29AAACI2008P1ZF (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹41.28 Cr and a paid-up capital of ₹38.28 Cr. It was formerly known as Inovoa Securities Limited and Inovoa Securities Private Limited. It is led by directors including Sumant Jaidka (Whole-Time Director) and Praveen Kumar Agrawal.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Asset No. 6 Aerocity Hospitality District, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.74 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.24 Cr (net margin 14.9%) and EBITDA of ₹8.06 Cr (EBITDA margin 37.1%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 4% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.58 Cr and satisfied charges of ₹114.54 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 2 deals on record (2 acquisitions); the latest was in July 2013. Its 9 peer companies in the Consumer Services industry (Hotels, Resorts), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 4 larger and 5 smaller; the largest is Kambala Hospitality Private Limited with revenue of ₹21.92 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 15 overdue payments to 4 micro and small suppliers.
Inovoa Hotels and Resorts Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0000571). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lemontreehotels.com.
Company details
Name history
Inovoa Hotels and Resorts has undergone 3 name changes throughout its history. The company was previously known as Inovoa Securities Limited, Inovoa Securities Private Limited, and Inovoa Hotels And Resorts Private Limited. The current legal name is Inovoa Hotels And Resorts Limited.
| Company Name | Status |
|---|---|
| Inovoa Hotels and Resorts Limited | Current |
| Inovoa Securities Limited | Previous |
| Inovoa Securities Private Limited | Previous |
| Inovoa Hotels And Resorts Private Limited | Previous |
CIN history
Inovoa Hotels and Resorts has one previous CIN (Corporate Identification Number): U65921DL1995PTC067686. The current CIN is U65921DL1995PLC067686, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921DL1995PLC067686 | Current |
| U65921DL1995PTC067686 | Previous |
Recognitions & Rankings of Inovoa Hotels and Resorts
Contact details
Inovoa Hotels and Resorts Limited's registered office is in New Delhi, Delhi. Its website is lemontreehotels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAsset No. 6 Aerocity Hospitality District, New Delhi, Delhi, India – 110037
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Inovoa Hotels and Resorts 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
Business activity
The main business activity of Inovoa Hotels and Resorts 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 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. | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Inovoa Hotels and Resorts Limited, buy the company report.
Financials of Inovoa Hotels and Resorts Limited
FY 2025 filings availableInovoa Hotels and Resorts Limited reported revenue of ₹21.74 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 15% growth in the latest year. EBITDA rose 38% 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 | ₹8.06 Cr | ||||
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| Net Profit (PAT) | ₹3.24 Cr | ||||
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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 | 37.1% | ||||
| Net Profit Margin | 14.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Inovoa Hotels and Resorts Limited, buy the company report.
Board of directors of Inovoa Hotels and Resorts Limited
Inovoa Hotels and Resorts has 4 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumant Jaidka Also directs: Manakin Resorts Private Limited, Hyacinth Hotels Private Limited, Bandhav Resorts Private Limited and 4 more | Whole-Time Director | 16 Aug 2013 | 13 Years 2 Months | Current |
| Praveen Kumar Agrawal Also directs: Berggruen Hotels Private Limited, Arum Hotels Private Limited | Director | 14 Mar 2024 | 2 Years 7 Months | Current |
| Freyan Jamshed Desai Also directs: Hero Cycles Limited, Tropicana Enterprises Private Limited, Fleur Hotels Limited and 5 more | Director | 01 Jun 2024 | 2 Years 4 Months | Current |
| Davander Tomar Also directs: Celsia Hotels Private Limited, Lemon Tree Hotel Company Private Limited., Pony Tale Hotels Private Limited and 3 more | Director | 23 Apr 2021 | 5 Years 5 Months | Current |
Peer comparison
Inovoa Hotels and Resorts Limited is compared with the 9 companies closest to it by revenue in the Consumer Services industry (Hotels, Resorts), 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 |
|---|---|---|---|---|---|---|
| Kambala Hospitality Private Limited | ₹21.92 Cr (FY 2020) | -31.0% | Mumbai, Maharashtra, India | |||
| Jpri Hotels Private Limited | ₹21.91 Cr (FY 2025) | 1.0% | Chennai, Tamil Nadu, India | |||
| Orion International Support Services Private Limited | ₹21.8 Cr (FY 2018) | -16.0% | Mumbai, Maharashtra, India | |||
| Sharda Properties Private Limited | ₹21.75 Cr (FY 2025) | 1.0% | Mussoorie, Uttarakhand, India | |||
| Inovoa Hotels and Resorts Limitedthis company | ₹21.74 Cr (FY 2025) | ₹3.24 Cr | 14.9% | 15.0% | 72 | New Delhi, Delhi, India |
| Daffodil Hotels Private Limited | ₹21.73 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Backwater Ripples Private Limited | ₹21.71 Cr (FY 2025) | 47.0% | Kottayam, Kerala, India | |||
| Bir Hotels Private Limited | ₹21.68 Cr (FY 2025) | 49.0% | Uttar Pradesh, India | |||
| Aryavir Buildcon Private Limited. | ₹21.67 Cr (FY 2024) | -76.0% | New Delhi, Delhi, India | |||
| Zuri Hotels and Resorts Private Limited | ₹21.58 Cr (FY 2024) | -15.0% | Salcete, Goa, India |
To see the full peer comparison of Inovoa Hotels and Resorts Limited, buy the company report.
Auditor
Inovoa Hotels and Resorts Limited is audited by Nangia & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nangia & Co. LLP | FY 2022 | 002391C/N500069 |
Shareholding
The shareholding of Inovoa Hotels and Resorts 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 Inovoa Hotels and Resorts Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2023 | 100813632 | Hdfc Bank Limited | ₹18.7 Lakh | Open | |
| 29 Nov 2019 | 100317691 | Others | ₹41.36 Cr | Open | |
| 10 Feb 2016 | 10622958 | Hdfc Bank Limited | ₹3.38 Lakh | Open | |
| 31 Dec 2019 | 100314904 | Hdfc Bank Limited | ₹14.66 Lakh | Satisfied | |
| 04 Sep 2018 | 100215050 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Inovoa Hotels and Resorts Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Inovoa Hotels and Resorts Limited has 2 deals on record (2 acquisitions); the latest was in July 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2013 | Acquisition | ₹77.8 Cr | Buyer: Fleur Hotels Limited Seller: Asian Hotels (West) Limited |
| Apr 2011 | Acquisition | Undisclosed | Buyer: Asian Hotels (West) Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Inovoa Hotels and Resorts Limited has 3 court cases on record: 2 filed by Inovoa Hotels and Resorts, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Interim or miscellaneous application | Filed by the company against K. Mehta Engineers. Pvt. Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against The State of Karnataka and 3 others | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Inovoa Hotels and Resorts 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.
Credit ratings & regulatory alerts
Inovoa Hotels and Resorts Limited was last rated by Icra on 02 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 02 Jun 2022 |
To see the full credit ratings and regulatory alerts of Inovoa Hotels and Resorts Limited, buy the company report.
MSME payment delays
Inovoa Hotels and Resorts Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 15 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| V V Enterprises | |||
| U S Enterprises | |||
| Vashkleen Laundry Services Private Limited |
To see the full MSME payment records of Inovoa Hotels and Resorts Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Inovoa Hotels and Resorts Limited has a workforce of 72 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Inovoa Hotels and Resorts has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI2008P1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Inovoa Hotels and Resorts Limited, buy the company report.
Recent activity
Inovoa Hotels and Resorts Limited has 25 board changes on record since 2008: 4 appointments and 21 cessations. The latest: Freyan Jamshed Desai ceased to be Additional Director on 15 Sep 2024.
34 earlier events are in the company report.
News
Frequently asked questions
Inovoa Hotels and Resorts is an active public limited company based in New Delhi, Delhi, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 24 April 1995 (31+ years old) and is registered under CIN U65921DL1995PLC067686.
Inovoa Hotels and Resorts has 4 current directors:
- Sumant Jaidka - Whole-Time Director
- Praveen Kumar Agrawal - Director
- Freyan Jamshed Desai - Director
- Davander Tomar - Director
The latest financial statements of Inovoa Hotels and Resorts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Inovoa Hotels and Resorts is 29AAACI2008P1ZF, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Inovoa Hotels and Resorts is U65921DL1995PLC067686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inovoa Hotels and Resorts has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Inovoa Hotels and Resorts was incorporated on 24 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Inovoa Hotels and Resorts has 2 deals on record (2 acquisitions); the latest was in July 2013.
The peers of Inovoa Hotels and Resorts by revenue are Kambala Hospitality Private Limited, Jpri Hotels Private Limited, Orion International Support Services Private Limited, Sharda Properties Private Limited, Daffodil Hotels Private Limited and 4 more, all in the Consumer Services industry (Hotels, Resorts), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Freyan Jamshed Desai ceased to be Additional Director on 15 Sep 2024. Praveen Kumar Agrawal ceased to be Additional Director on 15 Sep 2024. Freyan Jamshed Desai was appointed as Director on 01 Jun 2024. Inovoa Hotels and Resorts has 25 board changes on record in total.
Yes, Inovoa Hotels and Resorts is registered as a small enterprise under Udyam registration (number: UDYAM-DL-03-0000571).
Inovoa Hotels and Resorts has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 15 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 May 2019.