Ivory Hotels Private Limited
About Ivory Hotels Private Limited
Data last updated:
Ivory Hotels Private Limited was a private limited company based in Lucknow, Uttar Pradesh, India, operated as a subsidiary of Shrikar Hotels Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 01 June 2004.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U55209UP2004PTC028688.
The company had an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It was led by directors Sidharth Prasad and Rahul Prasad.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 6 Shahnajaf Roadhazratganj Lucknow, Uttar Pradesh, India – 226001.
As per the financials filed for FY 2018, the company reported a revenue of ₹25.35 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹17.24 Lakh (net margin 68%) and EBITDA of ₹17.45 Lakh (EBITDA margin 68.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
Company details
Contact details
Ivory Hotels Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6 Shahnajaf Roadhazratganj Lucknow, Uttar Pradesh, India – 226001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Ivory Hotels 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
Business activity
The main business activity of Ivory 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. |
To see the full business activity and turnover split of Ivory Hotels Private Limited, buy the company report.
Financials of Ivory Hotels Private Limited
FY 2018 filings availableIvory Hotels Private Limited reported revenue of ₹25.35 Lakh (down 13% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 16% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹17.45 Lakh | |||
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| Net Profit (PAT) | ₹17.24 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 68.8% | |||
| Net Profit Margin | 68% | |||
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To see the full financial statements and ratios of Ivory Hotels Private Limited, buy the company report.
Board of directors of Ivory Hotels Private Limited
Ivory Hotels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sidharth Prasad Also directs: DCM Shriram Industries Limited, L H Sugar Factories Limited, Shrikar Pharmaceuticals Private Limited and 4 more | Director | 09 Jun 2004 | 22 Years 4 Months | As last reported |
| Rahul Prasad Also directs: L H Sugar Factories Limited, Shrikar Pharmaceuticals Private Limited, Shrikar Hotels Private Limited and 4 more | Director | 01 Jun 2004 | 22 Years 4 Months | As last reported |
Peer comparison
Ivory Hotels Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Ivory Hotels Private Limitedthis company | ₹25.35 Lakh (FY 2018) | ₹17.24 Lakh | 68% | -13.0% | Lucknow, Uttar Pradesh, India | |
| Pranav Wilderness Private Limited | ₹25.26 Lakh (FY 2023) | 150.0% | Bangalore, Karnataka, India | |||
| Swami Resorts Private Limited | ₹25.25 Lakh (FY 2025) | 65.0% | Bhubaneswar, Odisha, India | |||
| Hyd-Inn Hotels Pvt Ltd | ₹25.24 Lakh (FY 2025) | -58.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Ivory Hotels Private Limited, buy the company report.
Auditor
Ivory Hotels Private Limited is audited by P.TANDON & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.TANDON & CO. | FY 2017 | 003241C |
Shareholding
The shareholding of Ivory Hotels Private Limited 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 Ivory Hotels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ivory Hotels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ivory Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ivory Hotels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ivory Hotels Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Arti Prasad ceased to be Director on 09 Nov 2008.
Frequently asked questions
Ivory Hotels has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ivory Hotels was a private limited company based in Lucknow, Uttar Pradesh, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 01 June 2004 and is registered under CIN U55209UP2004PTC028688. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ivory Hotels was incorporated on 01 June 2004. It is registered with the Registrar of Companies, Kanpur.
Ivory Hotels had 2 directors:
- Sidharth Prasad - Director
- Rahul Prasad - Director
The CIN (Corporate Identification Number) of Ivory Hotels is U55209UP2004PTC028688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ivory Hotels is at 6 Shahnajaf Roadhazratganj Lucknow, Uttar Pradesh, India – 226001.
The latest financial statements of Ivory Hotels on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Ivory Hotels operated in the travel and hospitality industry, in the hotel and accommodation services segment.
The peers of Ivory Hotels by revenue are Pranav Wilderness Private Limited, Swami Resorts Private Limited, Hyd-Inn Hotels Pvt Ltd, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Arti Prasad ceased to be Director on 09 Nov 2008. Poonam Prasad ceased to be Director on 09 Nov 2008. Usha Govind Prasad ceased to be Director on 09 Nov 2008. Ivory Hotels has 5 board changes on record in total.
The compliance status of Ivory Hotels is compliant as of 10 July 2026.