About Krishna Palace Residency Private Limited
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Krishna Palace Residency 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 20 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1995PTC089737. Its GSTIN is 27AACCK2077J1ZE (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Krishna Yellappa Shetty (Managing Director) and Uma Krishna Shetty.
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 96 – 98 Sleater Road Nana Chowk, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.39 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.49 Cr (net margin 10.1%) and EBITDA of ₹10.36 Cr (EBITDA margin 23.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 3% over five years.
The company is associated with 1 brand: Krishna Palace Hotel. As per MCA filings, the company has open charges of ₹48.25 Cr and satisfied charges of ₹27.9 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website krishnapalaceresidency.com.
Company details
Contact details
Krishna Palace Residency Private Limited's registered office is in Mumbai, Maharashtra. Its website is krishnapalaceresidency.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address96 – 98 Sleater Road Nana Chowk, Mumbai, Maharashtra, India – 400007
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Krishna Palace Residency 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
Krishna Palace Residency operates one associated brand: Krishna Palace Hotel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hospitality services focusing on accommodation and guest policies in Mumbai. | krishnapalaceresidency.com |
Business activity
The main business activity of Krishna Palace Residency is accommodation and food service activities. In detail, this covers accommodation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation |
To see the full business activity and turnover split of Krishna Palace Residency Private Limited, buy the company report.
Financials of Krishna Palace Residency Private Limited
FY 2025 filings availableKrishna Palace Residency Private Limited reported revenue of ₹44.39 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 4% growth in the latest year. EBITDA rose 23% 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 | ₹10.36 Cr | ||||
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| Net Profit (PAT) | ₹4.49 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 23.3% | ||||
| Net Profit Margin | 10.1% | ||||
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To see the full financial statements and ratios of Krishna Palace Residency Private Limited, buy the company report.
Board of directors of Krishna Palace Residency Private Limited
Krishna Palace Residency has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Yellappa Shetty Also directs: Hotel Sun N Sea Private Limited | Managing Director | 20 Jun 1995 | 31 Years 4 Months | Current |
| Uma Krishna Shetty Also directs: Hotel Sun N Sea Private Limited | Director | 20 Jun 1995 | 31 Years 4 Months | Current |
| Saurabh Krishna Shetty Also directs: Hotel Sun N Sea Private Limited, Valda Hospitality Private Limited | Director | 18 Mar 2003 | 23 Years 7 Months | Current |
| Saujanya Krishna Shetty | Director | 18 Mar 2003 | 23 Years 7 Months | Current |
| Saumya Krishna Shetty | Director | 18 Mar 2003 | 23 Years 7 Months | Current |
Auditor
Krishna Palace Residency Private Limited is audited by S SADASHIV & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SADASHIV & CO | FY 2023 | 108951W |
Shareholding
The shareholding of Krishna Palace Residency Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Krishna Palace Residency Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2025 | 101225975 | Standard Chartered Bank | ₹3.5 Cr | Open | |
| 14 Aug 2023 | 100774302 | Standard Chartered Bank | ₹3.95 Cr | Open | |
| 29 Dec 2020 | 100452901 | Others | ₹2.4 Cr | Open | |
| 24 Apr 2018 | 100174470 | Standard Chartered Bank | ₹16.85 Cr | Open | |
| 30 Dec 2016 | 100071894 | Others | ₹1.12 Cr | Open |
To see the full charge records of Krishna Palace Residency Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Krishna Palace Residency Private Limited has 12 court cases on record: 7 filed by Krishna Palace Residency, 5 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 2 |
| High courts | 3 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Court case (AA) | Filed by the company against Jungle Lodges and Resorts Ltd, | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Court case (Com.O.S.) | Filed against the company | Pending |
| Supreme Court | Appeal | Filed against the company by Deputy Commissioner of Income Tax | Disposed |
| High Court | Writ petition | Filed by the company against Deputy Commissioner of Income-Tax Circle 5( and 2 others | Disposed |
To see the full case history of Krishna Palace Residency 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 Krishna Palace Residency Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Krishna Palace Residency has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Krishna Palace Residency has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK2077J1ZE | Maharashtra | Active | 01 Jul 2017 |
| 27AACCK2077J2ZD | Maharashtra | Active | 01 Nov 2020 |
To see the full GST registrations and return filing status of Krishna Palace Residency Private Limited, buy the company report.
Recent activity
Krishna Palace Residency Private Limited has 5 board changes on record since 1995: 5 appointments. The latest: Saujanya Krishna Shetty was appointed as Director on 18 Mar 2003.
21 earlier events are in the company report.
Frequently asked questions
Krishna Palace Residency 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 20 June 1995 (31+ years old) and is registered under CIN U55101MH1995PTC089737.
Krishna Palace Residency has 5 current directors:
- Krishna Yellappa Shetty - Managing Director
- Uma Krishna Shetty - Director
- Saurabh Krishna Shetty - Director
- Saujanya Krishna Shetty - Director
- Saumya Krishna Shetty - Director
The latest financial statements of Krishna Palace Residency 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.
The GSTIN of Krishna Palace Residency is 27AACCK2077J1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCK2077J2ZD (Maharashtra).
The CIN (Corporate Identification Number) of Krishna Palace Residency is U55101MH1995PTC089737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishna Palace Residency has 12 court cases on record: 7 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Krishna Palace Residency was incorporated on 20 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Saujanya Krishna Shetty was appointed as Director on 18 Mar 2003. Saumya Krishna Shetty was appointed as Director on 18 Mar 2003. Saurabh Krishna Shetty was appointed as Director on 18 Mar 2003. Krishna Palace Residency has 5 board changes on record in total.
Krishna Palace Residency can be reached through the website krishnapalaceresidency.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Krishna Palace Residency is at 96 – 98 Sleater Road Nana Chowk, Mumbai, Maharashtra, India – 400007.