About Makeshift Hotels Private Limited
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Makeshift Hotels Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 21 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55209DL2018PTC329769. Its GSTIN is 29AALCM6350P1ZN (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors including Sanjeev Kapila and Mandeep Singh Gandhi.
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 3357 Hari Mandir Marg Pahar Ganj, New Delhi, Delhi, India – 110006.
As per the financials filed for FY 2025, the company reported a revenue of ₹99,717, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹9.66 Lakh and EBITDA of -₹9.65 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 141% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹9.3 Cr on record.
For more details, the company can be reached via its website leroihotels.com.
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- Registered Address3357 Hari Mandir Marg Pahar Ganj, New Delhi, Delhi, India – 110006
- 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
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Financials of Makeshift Hotels Private Limited FY 2025 filings available
Makeshift Hotels Private Limited reported revenue of ₹99,717 (down 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Makeshift Hotels Private Limited
Revenue fell 60% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 2% 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 of Makeshift Hotels Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹9.65 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.66 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Makeshift Hotels Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Makeshift Hotels are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Makeshift Hotels Private Limited
Makeshift Hotels Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Hotels, Railway Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Purple Rose Garden & Resorts Private Limited | ₹1 Lakh (FY 2017) | •••• | •••• | 456.0% | •••• | Delhi, India |
| Kanchan Hotels (India) Private Limited | ₹1 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Davanagere, Karnataka, India |
| HF Hospitality Private Limited | ₹1 Lakh (FY 2022) | •••• | •••• | •••• | Ambarnath, Maharashtra, India | |
| Omaxe Hotels Limited | ₹1 Lakh (FY 2025) | •••• | •••• | 228.0% | •••• | New Delhi, Delhi, India |
| KLR Properties Private Limited | ₹1 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Makeshift Hotels Private Limited this company | ₹99,717 (FY 2025) | •••• | •••• | -60.0% | •••• | New Delhi, Delhi, India |
| SHK Hotels and Hospitality Private Limited | ₹99,690 (FY 2024) | •••• | •••• | 65.0% | •••• | Nashik, Maharashtra, India |
| Alex Resorts and Hotels Private Limited | ₹99,618 (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Sresth Hospitality Private Limited | ₹99,251 (FY 2025) | •••• | •••• | 5.0% | •••• | Indore, Madhya Pradesh, India |
| Videsh Hospitality Private Limited | ₹99,000 (FY 2025) | •••• | •••• | 219.0% | •••• | Pune, Maharashtra, India |
| Baravan Healers Private Limited | ₹98,776 (FY 2023) | •••• | •••• | -90.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Makeshift Hotels by revenue in the Infrastructure industry (Hotels, Railway Construction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Makeshift Hotels Private Limited
Makeshift Hotels has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Kapila Also directs: JC Money Changer Private Limited | Director | 12 Sep 2022 | 4 Years 0 Months | Current |
| Mandeep Singh Gandhi | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Jeet Kaur Gandhi Also directs: Ayodhya Wayside Amenities Private Limited, Roi Wayside Amenities Private Limited, Archangel Consortium Private Limited and 5 more | Additional Director | 13 Feb 2026 | 0 Years 7 Months | Current |
Ownership and Shareholding of Makeshift Hotels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Makeshift Hotels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2026 | Bank of India | ₹9.3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Makeshift Hotels Private Limited
Employment history and EPFO contributions of people linked to Makeshift Hotels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Makeshift Hotels Private Limited
Makeshift Hotels Private Limited has 8 board changes on record since 2020: 3 appointments and 5 cessations. The latest: Jeet Kaur Gandhi was appointed as Additional Director on 13 Feb 2026.
Credit Ratings, Litigation & Regulatory Alerts for Makeshift Hotels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Makeshift Hotels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Makeshift Hotels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Makeshift Hotels Private Limited
Makeshift Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM6350P1ZN | Karnataka | Active | 26 Mar 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Makeshift Hotels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Makeshift Hotels Private Limited
Makeshift Hotels is an active private 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 21 February 2018 (8+ years old) and is registered under CIN U55209DL2018PTC329769.
Makeshift Hotels reported revenue of ₹99,717 for FY 2025 (down 60% YoY).
Makeshift Hotels has 3 current directors:
- Sanjeev Kapila - Director
- Mandeep Singh Gandhi - Director
- Jeet Kaur Gandhi - Additional Director
Makeshift Hotels reported a net loss of ₹9.66 Lakh and EBITDA of -₹9.65 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Makeshift Hotels is 141% over three years and 2% over five years. In the latest year (FY 2025) revenue fell 60%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Makeshift Hotels is 29AALCM6350P1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Makeshift Hotels is U55209DL2018PTC329769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makeshift Hotels was incorporated on 21 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Makeshift Hotels by revenue are Purple Rose Garden & Resorts Private Limited, Kanchan Hotels (India) Private Limited, HF Hospitality Private Limited, Omaxe Hotels Limited, KLR Properties Private Limited and 5 more, all in the Infrastructure industry (Hotels, Railway Construction).
Jeet Kaur Gandhi was appointed as Additional Director on 13 Feb 2026. Sohan Singh Parmar ceased to be Director on 25 Oct 2024. Sunil Jain ceased to be Additional Director on 01 Oct 2022. Makeshift Hotels has 8 board changes on record in total.
Makeshift Hotels can be reached through the website leroihotels.com. Its registered office is in New Delhi, Delhi, India.