- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0000003

About Marasa Hospitality Private Limited
Data last updated:
Marasa Hospitality Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Marasa India Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 14 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2008PTC178908. Its GSTIN is 27AAFCM4065P1ZX (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹123 Cr and a paid-up capital of ₹122.18 Cr. It is led by directors including Kumar Parasuram and Kishor Chamanlal Doshi.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bakhtawar Building 11th Floor Nariman Point Opp. Obroi Towers, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.7 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹12.48 Cr (net margin 19%) and EBITDA of ₹26.26 Cr (EBITDA margin 40%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company has about 269 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Marasa India. As per MCA filings, the company has open charges of ₹31.32 Cr and satisfied charges of ₹58.84 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 1 case is pending. The company has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹72.45 Cr; the latest was in May 2017. The company has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 8 overdue payments to 8 micro and small suppliers.
Marasa Hospitality Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0000003). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marasaindia.com.
Company details
Recognitions & Rankings of Marasa Hospitality
Contact details
Marasa Hospitality Private Limited's registered office is in Mumbai, Maharashtra. Its website is marasaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBakhtawar Building 11th Floor Nariman Point Opp. Obroi Towers, Mumbai, Maharashtra, India – 400021
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Marasa Hospitality 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
Marasa Hospitality operates one associated brand: Marasa India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A chain of hotels is operated in Tirupati, India. | marasaindia.com |
Business activity
The main business activity of Marasa Hospitality is accommodation and food service activities. In detail, this covers accommodation and food and beverage service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation | |
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Marasa Hospitality Private Limited, buy the company report.
Financials of Marasa Hospitality Private Limited
FY 2025 filings availableMarasa Hospitality Private Limited reported revenue of ₹65.7 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 20% growth in the latest year. EBITDA fell 22% 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 | ₹26.26 Cr | ||||
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| Net Profit (PAT) | ₹12.48 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 | 40% | ||||
| Net Profit Margin | 19% | ||||
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To see the full financial statements and ratios of Marasa Hospitality Private Limited, buy the company report.
Board of directors of Marasa Hospitality Private Limited
Marasa Hospitality has 9 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Parasuram Also directs: Kakira-Alpha Spirits Limited, Aries Export Private Limited, Madhvani Investments Holding Private Limited and 4 more | Director | 01 Jul 2022 | 4 Years 4 Months | Current |
| Kishor Chamanlal Doshi Also directs: Kakira-Alpha Spirits Limited, Madhvani Investments Holding Private Limited, KRPV Fire Fite Private Limited and 5 more | Director | 14 Feb 2008 | 18 Years 8 Months | Current |
| Ronak Pratap Madhvani Also directs: Niro Exports Private Limited, Ememco Investments Private Limited | Director | 06 Jul 2009 | 17 Years 3 Months | Current |
| Yogeshkumar Bhikhubhai Prajapati Also directs: Kakira-Alpha Spirits Limited | Director | 24 Mar 2014 | 12 Years 7 Months | Current |
| Shrai Madhvani Manubhai Also directs: Saurashtra Salt Works Private Limited, Bharat Cement Works Private Limited, Gujarat Mulco Electronics Limited and 3 more | Director | 21 Oct 2008 | 18 Years 0 Months | Current |
| Natasha Madhvani Khan | Director | 21 Oct 2008 | 18 Years 0 Months | Current |
Auditor
Marasa Hospitality Private Limited is audited by S C Bandi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C Bandi & Co | FY 2023 | 130850W |
Shareholding
The shareholding of Marasa Hospitality Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marasa Hospitality Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2023 | 100777572 | Hdfc Bank Limited | ₹31.25 Cr | Open | |
| 05 Jun 2023 | 100737655 | Hdfc Bank Limited | ₹6.9 Lakh | Open | |
| 17 Sep 2020 | 100378854 | Others | ₹10.84 Cr | Satisfied | |
| 07 Feb 2019 | 100257706 | Others | ₹28 Cr | Satisfied | |
| 30 Jun 2009 | 10167443 | Bank of Baroda | ₹10 Cr | Satisfied |
To see the full charge records of Marasa Hospitality Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Marasa Hospitality Private Limited has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹72.45 Cr; the latest was in May 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Funding round | ₹6.5 Cr | Investors: Marasa India Limited |
| Jul 2014 | Rights issue | ₹46.15 Cr | Investors: Marasa India Limited |
| Feb 2014 | Funding round | ₹6.17 Cr | Investors: Marasa India Limited |
| Jan 2012 | Funding round | ₹16.08 Cr | Investors: Marasa India Limited |
| Feb 2010 | Funding round | ₹27.28 Cr | Investors: Marasa India Limited |
To see the full deal history of Marasa Hospitality Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Marasa Hospitality Private Limited has 10 court cases on record: 2 filed by Marasa Hospitality, 8 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 1 |
| High courts | 4 | 3 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Masters Management Consultants (India) Pvt. Ltd. Through Pradeep Shetty | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Masters Management Consultants (India) Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Masters Management Consultants (India) Pvt. Ltd. Through Pradeep Shetty | Disposed |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Phonographic Performance Ltd | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Phonographic Performance Ltd | Disposed |
To see the full case history of Marasa Hospitality 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
Marasa Hospitality Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 8 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Max Detective and Guarding Services Private Limited | |||
| Sri Anand & Vamsi Enterprises | |||
| an individual supplier | |||
| Mythrees Marketing |
To see the full MSME payment records of Marasa Hospitality Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Marasa Hospitality Private Limited has a workforce of 269 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Marasa Hospitality has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM4065P1ZX | Maharashtra | Active | 01 Jul 2017 |
| 27AAFCM4065P2ZW | Maharashtra | Active | 14 Mar 2024 |
| 10AAFCM4065P1ZC | Bihar | Active | 01 Jul 2017 |
| 24AAFCM4065P1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marasa Hospitality Private Limited, buy the company report.
Recent activity
Marasa Hospitality Private Limited has 14 board changes on record since 2008: 9 appointments and 5 cessations. The latest: Kumar Parasuram ceased to be Additional Director on 30 Sep 2022.
17 earlier events are in the company report.
Frequently asked questions
Marasa Hospitality 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 14 February 2008 (18+ years old) and is registered under CIN U55101MH2008PTC178908.
Marasa Hospitality has 9 current directors:
- Kumar Parasuram - Director
- Kishor Chamanlal Doshi - Director
- Ronak Pratap Madhvani - Director
- Yogeshkumar Bhikhubhai Prajapati - Director
- Shrai Madhvani Manubhai - Director
- Natasha Madhvani Khan - Director
- Mayur Muljibhai Madhvani - Director
- Pratap Muljibhai Madhvani - Director
- Kamlesh Madhvani Manubhai - Director
The latest financial statements of Marasa Hospitality on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Marasa Hospitality is 27AAFCM4065P1ZX, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAFCM4065P2ZW (Maharashtra), 10AAFCM4065P1ZC (Bihar), 24AAFCM4065P1Z3 (Gujarat).
The CIN (Corporate Identification Number) of Marasa Hospitality is U55101MH2008PTC178908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marasa Hospitality has 10 court cases on record: 2 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Marasa Hospitality was incorporated on 14 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Marasa Hospitality has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹72.45 Cr; the latest was in May 2017.
Kumar Parasuram ceased to be Additional Director on 30 Sep 2022. Kumar Parasuram was appointed as Director on 01 Jul 2022. Gamanlal Vallabhdas Radia ceased to be Director on 22 Sep 2021. Marasa Hospitality has 14 board changes on record in total.
Yes, Marasa Hospitality is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0000003).
Marasa Hospitality has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 8 overdue payments to 8 micro and small suppliers. The latest return was filed on 22 Feb 2021.

