About Maiyas Restaurants Private Limited
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Maiyas Restaurants Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Maiyas Beverages And Foods Private Limited. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 26 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15500KA2014PTC074445. Its GSTIN is 29AAJCM1668A1ZH (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Maiyas Restaurnts Private Limited. It is led by directors Sudarshan P Maiya and Parampalli Sadananda Maiya.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #53 7th B Main 30th Cross 4th Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.17 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹14.16 Lakh (net margin 1.5%) and EBITDA of ₹1.45 Cr (EBITDA margin 15.8%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 24% over five years.
The company has about 202 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maiyas. As per MCA filings, the company has open charges of ₹7.53 Cr and satisfied charges of ₹10.85 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in October 2014. Its 7 peer companies in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.) are compared by revenue, 3 larger and 4 smaller; the largest is Dambs Hospitality Private Limited with revenue of ₹9.23 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maiyas.in.
Company details
Contact details
Maiyas Restaurants Private Limited's registered office is in Bangalore, Karnataka. Its website is maiyas.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#53 7th B Main 30th Cross 4th Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Maiyas Restaurants 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 Maiyas Restaurants is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| 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 Maiyas Restaurants Private Limited, buy the company report.
Financials of Maiyas Restaurants Private Limited
FY 2023 filings availableMaiyas Restaurants Private Limited reported revenue of ₹9.17 Cr (down 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 17% fall in the latest year. EBITDA fell 10% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹9.17 Cr | ||||
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| EBITDA | ₹1.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.16 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.8% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Maiyas Restaurants Private Limited, buy the company report.
Board of directors of Maiyas Restaurants Private Limited
Maiyas Restaurants 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 |
|---|---|---|---|---|
| Sudarshan P Maiya | Director | 01 Jun 2018 | 8 Years 4 Months | Current |
| Parampalli Sadananda Maiya | Director | 26 Mar 2014 | 12 Years 6 Months | Current |
Peer comparison
Maiyas Restaurants Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dambs Hospitality Private Limited | ₹9.23 Cr (FY 2025) | 71.0% | Chennai, Tamil Nadu, India | |||
| Redbrick Retail Private Limited | ₹9.22 Cr (FY 2025) | -17.0% | Patna, Bihar, India | |||
| Eatrepeat India Private Limited | ₹9.21 Cr (FY 2024) | -55.0% | Bangalore, Karnataka, India | |||
| Maiyas Restaurants Private Limitedthis company | ₹9.17 Cr (FY 2023) | ₹14.16 Lakh | 1.5% | -17.0% | 202 | Bangalore, Karnataka, India |
| Highway 1 Hospitality Private Limited | ₹9.17 Cr (FY 2025) | 7.0% | Adilabad, Telangana, India | |||
| Inja Hospitality Private Limited | ₹9.15 Cr (FY 2025) | 37.0% | Gurgaon, Haryana, India | |||
| Prithviraj Hospitality Limited | ₹9.15 Cr (FY 2025) | 21.0% | Ahmedabad, Gujarat, India | |||
| Sher-E-Punjab Hotels Private Limited | ₹9.13 Cr (FY 2025) | 7.0% | Panaji, Goa, India |
To see the full peer comparison of Maiyas Restaurants Private Limited, buy the company report.
Shareholding
The shareholding of Maiyas Restaurants 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 Maiyas Restaurants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2021 | 100471173 | Others | ₹80 Lakh | Open | |
| 17 Jun 2020 | 100342794 | Others | ₹82.5 Lakh | Open | |
| 04 Apr 2020 | 100334667 | Karnataka Bank Ltd. | ₹4.5 Cr | Open | |
| 07 Jan 2015 | 10544125 | The Karnataka Bank Limited | ₹1.4 Cr | Open | |
| 03 Feb 2021 | 100415568 | Others | ₹40 Lakh | Satisfied |
To see the full charge records of Maiyas Restaurants Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Maiyas Restaurants Private Limited has 2 deals on record (2 secondary share transfers); the latest was in October 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: Maiyas Beverages and Foods Private Limited Seller: an individual |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Maiyas Beverages and Foods Private Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maiyas Restaurants Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Pci Pest Control Private Limited | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by M/S Sarathi Perfumery Works | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Maiyas Restaurants 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 Maiyas Restaurants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maiyas Restaurants Private Limited has a workforce of 202 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Maiyas Restaurants has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM1668A1ZH | Karnataka | Active | 01 Jul 2017 |
| 29AAJCM1668A2ZG | Karnataka | Active | 23 Nov 2017 |
To see the full GST registrations and return filing status of Maiyas Restaurants Private Limited, buy the company report.
Recent activity
Maiyas Restaurants Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Sudarshan P Maiya was appointed as Director on 01 Jun 2018.
10 earlier events are in the company report.
News
Frequently asked questions
Maiyas Restaurants is an active private limited company based in Bangalore, Karnataka, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 26 March 2014 (12+ years old) and is registered under CIN U15500KA2014PTC074445.
Maiyas Restaurants has 2 current directors:
- Sudarshan P Maiya - Director
- Parampalli Sadananda Maiya - Director
The latest financial statements of Maiyas Restaurants on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Maiyas Restaurants is 29AAJCM1668A1ZH, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAJCM1668A2ZG (Karnataka).
The CIN (Corporate Identification Number) of Maiyas Restaurants is U15500KA2014PTC074445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maiyas Restaurants has 3 court cases on record: 3 filed against it. Most are in the district courts.
Maiyas Restaurants was incorporated on 26 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Maiyas Restaurants has 2 deals on record (2 secondary share transfers); the latest was in October 2014.
The peers of Maiyas Restaurants by revenue are Dambs Hospitality Private Limited, Redbrick Retail Private Limited, Eatrepeat India Private Limited, Highway 1 Hospitality Private Limited, Inja Hospitality Private Limited and 2 more, all in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Sudarshan P Maiya was appointed as Director on 01 Jun 2018. Ajay Subhash Mittal ceased to be Nominee Director on 30 May 2018. Deepak Mittal ceased to be Additional Director on 17 May 2016. Maiyas Restaurants has 5 board changes on record in total.
Maiyas Restaurants can be reached through the website maiyas.in. Its registered office is in Bangalore, Karnataka, India.