
Lounge Hospitality LLP
About Lounge Hospitality LLP
Data last updated:
Lounge Hospitality LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 08 October 2012 and has been in existence for over 14 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAB-1560. Its GSTIN is 29AAEFL6393H1ZV (Karnataka).
The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners Siddharth Mankani and Karan Virwani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 150 1st Floor Embassy Point Infantry Road, Bangalore, Karnataka, India – 560001.
The LLP has about 216 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹30 Lakh on record. Court records list 2 cases involving the LLP, including 2 filed against it; 1 case is pending.
Company details
Contact details
Lounge Hospitality LLP's registered office is in Bangalore, Karnataka.
- Registered Address150 1st Floor Embassy Point Infantry Road, Bangalore, Karnataka, India – 560001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
Financials of Lounge Hospitality LLP
FY 2025 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | |||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | |||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Lounge Hospitality LLP, buy the company report.
Designated partners of Lounge Hospitality LLP
Lounge Hospitality has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Mankani Also directs: Embassy Leisure and Entertainment Projects LLP, JSM Three Senses LLP, Sunita Ventures LLP and 3 more | Designated Partner | 08 Oct 2012 | 14 Years 0 Months | Current |
| Karan Virwani Also directs: Embassy Leisure and Entertainment Projects LLP, Le Salon Virsella LLP, Embassy Buildcon LLP and 5 more | Designated Partner | 09 Jun 2017 | 9 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2019 | 100295040 | Hdfc Bank Limited | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Lounge Hospitality LLP has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by Official Liquidator Attached | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Official Liquidator of M/S. United Breweries (Holdings) Ltd, (in Liqn) | Disposed |
To see the full case history of Lounge Hospitality LLP, 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 Lounge Hospitality LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lounge Hospitality has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAEFL6393H1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lounge Hospitality LLP, buy the company report.
Recent activity
Lounge Hospitality LLP has 4 designated partner changes on record since 2012: 2 appointments and 2 cessations. The latest: Karan Virwani was appointed as Designated Partner on 09 Jun 2017.
Frequently asked questions
Lounge Hospitality is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 08 October 2012 (14+ years old) and is registered under LLPIN AAB-1560.
Lounge Hospitality has 2 current designated partners:
- Siddharth Mankani - Designated Partner
- Karan Virwani - Designated Partner
The latest financial statements of Lounge Hospitality on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lounge Hospitality is 29AAEFL6393H1ZV, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Lounge Hospitality is AAB-1560. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Lounge Hospitality has 2 court cases on record: 2 filed against it. 1 is pending.
Lounge Hospitality was incorporated on 08 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Karan Virwani was appointed as Designated Partner on 09 Jun 2017. Narpat Singh Choraria ceased to be Designated Partner on 08 Jun 2017. Karan Virwani ceased to be Designated Partner on 01 Apr 2016. Lounge Hospitality has 4 designated partner changes on record in total.
The registered office of Lounge Hospitality is at 150 1st Floor Embassy Point Infantry Road, Bangalore, Karnataka, India – 560001.
Lounge Hospitality operates in the travel and hospitality industry, in the hotel and accommodation services segment.

